KBRA assigns a long-term rating of AA with a Stable Outlook to the State of Louisiana General Obligation Refunding Bonds, Series 2026-B. Key Credit Considerations The rating action reflects the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
KBRA assigns ratings of ?BBB? to the Series 2026-GT1 Term Notes from PNMAC GMSR ISSUER TRUST, PennyMac Loan Services, LLC?s master trust issuer of notes backed by participation certificates evidencing participation interest in mortgage servicing rights on loans underlying Ginnie Mae guaranteed mortgage backed securities.
AM Best has upgraded the Financial Strength Rating to ?B+? from B and the Long-Term Issuer Credit Rating to ?bbb-? from ?bb+? of Reaseguradora Santo Domingo, S.A.. The outlook of these Credit Ratings has been revised to stable from positive.
BNY Mellon Investment Adviser, Inc. announced today that BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) and BNY Mellon Strategic Municipals, Inc. (LEO) have declared a monthly distribution for each Fund's common shares as summarized below. Important Information BNY Mellon Investment Adviser, Inc., the investment adviser for each Fund, is part of BNY Investments.
KBRA assigns preliminary ratings to five serial bonds and one term bond issued by New York State Energy Research and Development Authority Residential Clean Energy and Energy Efficiency Financing Green Revenue Bonds, Series 2026A, a $47.59 million asset-backed securitization collateralized by residential solar loans and home improvement loans originated by New York State Energy Research and Dev...
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Aseguradora del Sur C.A.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Asur?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of ?a+? to Desjardins Financial Security Life Assurance Company. The ratings reflect DFS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
BJ?s Wholesale Club today announced that Fitch Ratings has assigned a first-time Long Term Issuer Default Rating of ?BBB? to the company. "Fitch?s investment-grade ratings reflect BJ?s continued growth and commitment to financial discipline,? said Laura Felice, Chief Financial Officer, BJ?s Wholesale Club.
KBRA assigns a long-term AA- rating to Miami-Dade County, Florida, Aviation Revenue Refunding Bonds, Series 2026A and Aviation Revenue Refunding Bonds Series 2026B issued for Miami International Airport.
Plaza Luna Lofts Will Focus on Adults 55 and Older. The Federal Home Loan Bank of Dallas, First National Bank Texas, NewLife Homes Inc. and local leaders today celebrated the groundbreaking of Plaza Luna Lofts, a housing development in Los Lunas, New Mexico, that will create 57 affordable apartment homes for adults 55 years and older. This press release features multimedia.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Nacional de Seguros S.A. Compa??a de Seguros Generales. The ratings reflect Nacional de Seguros? balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
KBRA assigns a long-term rating of AAA to the State of Maryland General Obligation Bonds, State and Local Facilities Loan of 2026, First Series Tax-Exempt Bonds and affirms the long-term rating of AAA for the State's outstanding General Obligation Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Intact Insurance Company, the lead company of Intact Financial Corporation (IFCZF) [TSX: IFC], as well as the core insurance subsidiaries of IFC.
The Kraft Heinz Company (KHC) announced today the early tender results, as of 5:00 p.m., New York City time, on May?20, 2026, and the satisfaction of the condition to receive proceeds of an offering of new senior unsecured notes on terms satisfactory to the Issuer, in each case in respect of the previously announced offer by Kraft Heinz Foods Company, its 100% owned subsidiary, to purchase for cash ...
Transaction includes two mutual funds and one interval fund focused on fixed income and credit strategies American Beacon Advisors, Inc., an experienced provider of investment advisory services to institutional and retail markets, today announced a series of transactions pursuant to which it will assume fund management oversight responsibilities for three City National Rochdale Funds currently ...
Molson Coors Beverage Company (TAP/A) announced today that it has priced its previously announced public offering of $1,500,000,000 aggregate principal amount of its senior notes, consisting of $500,000,000 aggregate principal amount of 4.900% Senior Notes due 2031 and $1,000,000,000 aggregate principal amount of 5.500% Senior Notes due 2036.
KBRA assigns a long-term rating of AA to the Department of Water and Power of the City of Los Angeles, CA Power System Revenue Bonds, 2026 Series B. The Outlook is Stable.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Ratings of ?bbb? and the Mexico National Scale Ratings of ?aa.MX? of CESCE M?xico, S.A. de C.V. and its affiliate, CESCE Fianzas M?xico, S.A. de C.V.. The outlook of these Credit Ratings is stable.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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