Following the previous announcement of the launch of a senior notes offering, Waste Connections, Inc. (WCN) announced today that it has priced an underwritten public offering of $600 million aggregate principal amount of its 4.800% Senior Notes due 2036 at a price to the public of 99.732% of their face value.
KBRA assigns a long-term rating of A+ to the Unlimited Tax General Obligation Bonds, Series 2026 issued by Community College District Number 508, which does business as the City Colleges of Chicago.
Valero Energy Corporation (VLO) announced today that it has priced a public offering of $850,000,000 aggregate principal amount of 5.150% Senior Notes due 2036. The offering is expected to close on March 10, 2026, subject to the satisfaction of customary closing conditions.
?. SAN FRANCISCO---- Samsara Inc. (IOT), the pioneer of the Connected Operations? Platform, today announced strong financial results and performance for the fourth quarter and fiscal year 2026, highlighted by: Q4 FY26 Results: Ending FY26 Results: Delivering Impact with Industry-Leading Operators Physical operations organizations select Samsara to solve their most complex challenges, driving innovati...
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Gulf Insurance Limited. The ratings reflect Gulf?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
AM Best has upgraded the Long-Term Issuer Credit Ratings to ?bb+? from ?bb? and affirmed the Financial Strength Rating of B of First Chicago Insurance Company and United Security Insurance Company.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the property/casualty insurance subsidiaries of Cincinnati Financial Corporation and The Cincinnati Life Insurance Company.
Wells Fargo & Company (WFC) today announced that the Federal Reserve Board of Governors terminated the 2018 consent order regarding governance oversight and compliance and operational risk management. This press release features multimedia. About Wells Fargo (WFC) Wells Fargo & Company (WFC) is a leading financial services company that has approximately $2.1 trillion in assets.
Waste Connections, Inc. (WCN) announced today that it plans to proceed, subject to market and other conditions, to offer senior notes in an underwritten public offering. BofA Securities, J.P. Morgan, PNC Capital Markets LLC and Truist Securities are acting as joint book-running managers and underwriters for the Offering.
BlackRock (BLK) builds on its leadership with the industry?s broadest range of target maturity fixed income ETFs. BlackRock (BLK) today announced plans to expand its iShares? iBonds? ETF platform with the launch of nine funds, extending the franchise?s maturity range across U.S. Treasuries, TIPS, investment grade corporates, high yield and municipal bonds.
Aptiv PLC (APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the pricing of an upsized private offering of $800,000,000 aggregate principal amount of 6.125% senior notes due 2031 and $800,000,000 aggregate principal amount of 6.375% senior notes due 2034 by its subsidiaries, Cyprium Corporation and Cyprium Holdings ...
Exchange Income Corporation (EIFZF) a diversified, acquisition-oriented company focused on opportunities in the Aerospace & Aviation and Manufacturing segments, announced today it has priced an offering of $600 million principal amount of 4.324% senior unsecured notes due March 13, 2031.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (CI) [NYSE: CI]. The majority of Cigna?s core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of Equitable Financial Life Insurance Company of America and Equitable Financial Life Insurance Company.
AM Best has removed from under review with developing implications and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Insurance Corporation of Barbados Limited.
Hercules Capital, Inc. (HTGC), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Morningstar DBRS has affirmed Hercules? investment grade corporate and credit rating of BBB.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb+? to Protect Insurance PCC Limited. The ratings reflect Protect?s consolidated balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, very limited business profile and marginal enterprise risk management.
Sallie Mae?, formally SLM Corporation (SLM), today announced Chief Executive Officer Jon Witter will speak at the 2026 RBC Capital Markets Global Financial Institutions Conference on Wednesday, March 11, at 4:40 p.m. ET. A live audio webcast and replay will be available at SallieMae.com/investors. Sallie Mae believes education and life-long learning, in all forms, help people achieve great things.
Aptiv PLC (APTV), a global industrial technology company focused on enabling a more automated, electrified, and digitalized future, today announced the commencement of a private offering of $1.5 billion aggregate principal amount of senior notes due 2031 and senior notes due 2034 by its subsidiaries, Cyprium Corporation and Cyprium Holdings Luxembourg S.? r.l.. The Co-Issuers are subsidiaries of Versi...
Historic milestone enables direct access to the U.S. payments system, strengthening Kraken?s institutional offering Payward, a unified financial infrastructure platform powering Kraken, today announced that Kraken Financial, its Wyoming-chartered bank, has been granted a Federal Reserve master account.
indie Semiconductor, Inc. (INDI), an automotive solutions innovator, today announced the pricing of its offering of $150.0 million aggregate principal amount of its 4.00% Convertible Senior Notes due 2031 through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. indie has also granted the initia...
Sallie Mae, formally SLM Corporation (SLM), today announced the successful pricing of the first student loan asset-backed securities transaction of the year by Sallie Mae Bank. Investor engagement throughout the marketing process validated the continued attractiveness of seasoned private education loan assets supported by Sallie Mae?s underwriting, servicing, and performance track record.
BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0420 per share of common stock, payable on April 1, 2026 to shareholders of record at the close of business on March 17, 2026. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.
indie Semiconductor, Inc. (INDI), an automotive solutions innovator, today announced that it plans to offer, subject to market and other conditions, $150.0 million aggregate principal amount of its Convertible Senior Notes due 2031 through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. indie ...
Rimini Support? for SAP helps French brake parts manufacturer avoid unwanted move to RISE with SAP, strengthen security and compliance readiness and reinvest freed capital into R&D and modernization initiatives Rimini Street, Inc. (RMNI), the Software Support and Agentic AI ERP Company?, and the leading third-party support provider for Oracle, SAP and VMware software, today announced Flexitech, a Fren...
KBRA assigns a long-term rating of BBB+ to the following series of City of Chicago, IL General Obligation Bonds: Concurrently, KBRA affirms the BBB+ rating on the City's outstanding General Obligation Bonds. The City of Chicago?s deteriorating fund balance, narrowing liquidity, and exceptionally high and rising fixed cost burden led to its recent Feb 25, 2026 downgrade.
AM Best affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Transatlantic Reinsurance Company and its subsidiaries.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the recently issued CAD 400 million, 4.4% senior unsecured notes, due February 2036, of Fairfax Financial Holdings Limited (FRFHF) [TSX: FFH]. The outlook assigned to this Credit Rating is stable. The Long-Term Issuer Credit Rating of Fairfax, as well as the ratings of its operating subsidiaries and all other debt issuances, are unchanged.
AM Best assigned the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? to Redbridge Insurance Company. The Credit Ratings assigned to RIC reflect its reinsurance agreement with RICL.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Seguros Universales, S.A.. The Credit Ratings reflect Universales? balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, neutral business profile and appropriate enterprise risk manag...
Securitization is Backed by Trust Preferred Securities, Subordinated Debt, Senior Unsecured Notes, and Surplus Notes EJF Capital LP today announced the closing of TruPS Financials Note Securitization 2026-1, an approximately $305 million securitization backed by trust preferred securities, subordinated debt, senior unsecured notes, and surplus notes issued by U.S. community banks and insurance ...
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of ICICI Lombard General Insurance Company Limited.
AM Best affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of RSUI Indemnity Company and its reinsured subsidiaries, collectively referred to as RSUI Group.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the newly issued $1 billion, 5.85% subordinated debentures, due March 15, 2056, issued by MetLife, Inc. [NYSE: MET]. The outlook assigned to this Credit Rating is stable. The proceeds from this debt issuance are expected to be used to cover general business purposes.
Matador Resources Company (MTDR) today announced that it has priced a private offering of $750 million of 6.000% senior unsecured notes due 2034 at a price of 100% of their face value.
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.
The Housing Authority of the City of Brownsville celebrated the grand opening of the historic El Jardin, reborn as an affordable residential community, in downtown Brownsville, Texas, thanks in part to a $1.1 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas through member Texas Regional Bank. This press release features multimedia.
Expected to provide over $500 million in financing capacity over its life. Avant, a leading financial technology company, today announced the successful close of its latest personal loan securitization, a $200 million transaction that marks its first-ever deal to receive AAA ratings from both Fitch Ratings and Kroll Bond Rating Agency.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Primerica Life Insurance Company and its affiliates, National Benefit Life Insurance Company and Primerica Life Insurance Company of Canada, collectively referred to as Primerica Group.
Launch of State Street? MyIncome High Yield Corporate Bond ETFs Enhances Bond Laddering Toolkit for Investors State Street Investment Management announced today the launch of five actively managed target maturity high yield corporate bond ETFs.
Matador Resources Company (MTDR) today announced that it has commenced a cash tender offer to purchase any and all of the $500 million outstanding aggregate principal amount of its 6.875% senior notes due 2028 with a portion of the net proceeds from Matador?s concurrent private placement of $750 million in aggregate principal amount of senior unsecured notes due 2034, which was also announced today by...
Matador Resources Company (MTDR) today announced that, subject to market conditions, it intends to offer $750 million of senior unsecured notes due 2034 in a private placement to eligible purchasers.
KBRA downgrades the long-term rating on the City of Chicago, IL General Obligation Bonds to BBB+. Concurrently, KBRA assigns a long-term rating of BBB+ to the City of Chicago, IL General Obligation Bonds, Taxable Series 2026A and General Obligation Bonds, Series 2026B.
South Korea?s leading paper manufacturer cuts SAP ECC 6 and Oracle Database maintenance costs with Rimini Support?, freeing up funds and team focus for AI-driven innovation and growth Rimini Street, Inc. (RMNI), the Software Support and Agentic AI ERP Company?, and the leading third-party support provider for Oracle, SAP and VMware software, today announced KleanNara has selected Rimini Street (RMNI) to prov...
Federal Housing Finance Agency Director Bill Pulte?s July 2025 decision to authorize VantageScore 4.0 for competitive use in GSE-conforming mortgages saves the U.S. mortgage industry more than $600 million in the first year under a ?full adoption? scenario, according to a newly published independent analysis from credit risk research company Deep Future Analytics.
Reinsurance Group of America, Incorporated (RGA) announced today that it has priced an aggregate principal amount of $400,000,000 of 6.375% Fixed-Rate Reset Subordinated Debentures due 2056 pursuant to an underwritten registered public offering. RGA expects to use the net proceeds from the Offering for general corporate purposes, which may include refinancing debt obligations.
TWO, an MSR-focused REIT, today announced that their subsidiary TH MSR Holdings LLC received a Freddie Mac Servicer Honors and Rewards Program award. This press release features multimedia.
AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Rating to ?a? from ?aa-? of Travelers Insurance Company of Canada. In addition, AM Best has affirmed the FSR of A and the Long-Term ICR of ?a? of Definity Insurance Company.
AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? for the members of Mercury Casualty Group.
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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