AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Ilaf Takaful Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?ccc+? from ?ccc? and affirmed the Financial Strength Rating of C of Cooperativa de Seguros de Vida de Puerto Rico. The Credit Ratings reflect COSVI?s balance sheet strength, which AM Best assesses as very weak, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of United Services Automobile Association and its property/casualty and life/health subsidiaries.
Repurchases $295 million in principal amount of 5% Senior Notes due 2030 Captures significant discount on principal and maintains strong cash position ZipRecruiter?, a leading online employment marketplace, today announced it has entered into separate, privately negotiated repurchase agreements with certain holders of its 5% senior unsecured notes due 2030 to repurchase approximately $295 milli...
The Federal Home Loan Bank of Dallas, First National Bank Texas and The Laguna Housing Development and Management Enterprise celebrated today the revitalization and grand opening of Laguna #4, an affordable housing community of single-family homes. This press release features multimedia.
State Street Corporation (STT) today announced its intention to increase its common stock dividend by 10% to $0.92 per share in the third quarter of 2026, subject to approval by its Board of Directors. The Company also announced that it has completed the Federal Reserve?s 2026 Supervisory Stress Test.
The Charles Schwab Corporation (SCHW) announced today that it has received the results of the Federal Reserve?s 2026 Comprehensive Capital Analysis and Review. Schwab?s Common Equity Tier 1 ratio of 26.3% as of March 31, 2026 was well in excess of the regulatory minimum of 4.5% combined with the SCB of 2.5% due to the relatively low risk nature of our balance sheet assets.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the recently issued $525 million 6.25% senior unsecured notes, due June 2036, of Mercury General Corporation. Mercury General intends to use the proceeds of the issuance to repay its outstanding senior unsecured notes due March 2027 and repay amounts under its unsecured credit facility.
Accelerates CPI?s digital growth strategy and increases market-leading instant issuance solution to over 3,000 financial institutions CPITM , a payments technology leader providing a comprehensive range of physical and digital payment solutions, today announced it has acquired the TRISM on-premise instant issuance solution assets from HID Global Corporation.
RMHY generally offers exposure to high yield corporate bonds, with systematic allocation capabilities designed to help manage risk Global X Management Company LLC, the New York-based provider of exchange-traded funds, today announced the launch of the Global X Adaptive Risk Managed Yield ETF.
Actively managed ETF seeks to deliver federally tax-exempt income through a high-conviction municipal bond strategy American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, today announced the launch of the American Beacon Aberdeen Municipal High Income ETF, an actively managed exchange-traded fund designed to provide investors with ...
Dealer Tire Financial, LLC, a leading distributor of tires and a provider of value-added consulting services to automotive dealerships and automobile original equipment manufacturers, primarily in the United States, today announced that it priced $500 million in aggregate principal amount of 10.375% senior notes due 2031 in a private offering.
BNY Mellon Investment Adviser, Inc. announced today that the three incumbent Board nominees for each of BNY Mellon Strategic Municipals, Inc. (LEO) and BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM), closed-end investment management companies, will continue to steward the Funds, according to certified voting results of the Funds? annual stockholders meetings held on June 11, 2026.
Recognition highlights advanced manufacturing capabilities at Rockwell?s Singapore facility and the company?s role in scaling AI-driven transformation Rockwell Automation, Inc. (ROK), the world?s largest company dedicated to industrial automation and digital transformation, today announced its Singapore manufacturing facility has been named a member of the Global Lighthouse Network by the World Econo...
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Allshores General Insurance Company Limited, Allshores Life and Benefits Company Limited and Island Heritage Insurance Company, Ltd.. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb? of the parent company, Allshores Limited.
Beazer Homes USA, Inc. (BZH) announced today the completion of its previously-announced offering of $400 million aggregate principal amount of 8.000% Senior Unsecured Notes due 2032.
KBRA assigns a BBB long-term credit rating to Universal Insurance Holdings, Inc.'s $100 million, 7.75% Senior Unsecured Notes due 2031, with a Stable outlook. UVE is a holding company offering property and casualty insurance and value-added insurance services, including risk management, claims management, and distribution. To access ratings and relevant documents, click here.
With a +54% Boom in Pharma Exports to the US, the Italian Trade Agency Unveils a "Fair Beyond the Fair" Digital Hub to Connect American Investors with Europe's Top CDMO and Patent Leader.
PARIS---- Regulatory News: Advicenne S.A., a pharmaceutical company specializing in the development and marketing of innovative treatments for people suffering from rare kidney diseases, announced today that it has secured a two-tranche financing of a nominal amount of up to ?3.8 million, through the issuance of bonds subscribed by Cemag Invest and Didier Laurens, Chairman of the Board and CEO ...
Samsara?s first dedicated online community, where physical operations professionals can build connections, share knowledge, and access resources to strengthen performance Samsara Inc. (IOT), the pioneer of the Connected Operations? Platform, today announced the Samsara Community, a global online hub for the world of physical operations.
Down Payment Assistance Program Assists with Housing Affordability. The Federal Home Loan Bank of Dallas Homebuyer Equity Leverage Partnership grant made homeownership possible for Ricky Corriz and his family by providing down payment assistance. This press release features multimedia.
AM Best has commented that the Long-Term Issue Credit Rating of ?a-? on the CAD 400 million 4.40% senior unsecured notes due Feb. 27, 2036, originally issued on Feb. 24, 2026 by Fairfax Financial Holdings Limited (FRFHF) [TSX: FFH], remains unchanged despite the additional notes being added to the same series.
AM Best has assigned a Long-Term Issue Credit Rating of ?aa? to the $2 billion 6.05% fixed rate surplus notes, due 2056, issued by Teachers Insurance and Annuity Association of America.
AM Best has assigned the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? to Enaya Insurance Company K.S.C.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Enaya?s balance sheet strength, which AM Best assesses as strong, as well as its strong operating performance, limited business profile and appropriate enterprise risk management.
AM Best upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa-? from ?a+? of Solen Versicherungen AG and Noble Assurance Company. The ratings reflect SVAG?s 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.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Juniata Mutual Insurance Company. The Credit Ratings reflect JMIC?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Indonesia National Scale Rating of aaa.ID of PT Asuransi Astra Buana. The ratings reflect Asuransi Astra?s 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.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Hyundai Marine & Fire Insurance Co., Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect HMF?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, favourable business profile and appropriate enterprise risk management.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B and the Long-Term ICR of ?bb+? of Veterinary Professional Insurance Society Incorporated.
New Zealand?s leading digital services and connectivity provider partners with Rimini Street (RMNI) to stabilize mission-critical Oracle systems, solve complex interoperability challenges and fund AI transformation Rimini Street (RMNI), Inc., the Software Support and Agentic AI ERP Company? and the leading third-party support provider for Oracle, SAP and VMware software, today announced One New Zealand is le...
Completed integration of recent acquisitions of Greater Than One and Spring & Bond strengthens Real Chemistry?s media and omnichannel offering Company advances its first-in-class, AI-powered omnichannel orchestration engine through a collaboration with AWS NEW YORK---- Real Chemistry, a leader in AI-driven insights and marketing and communications exclusively for the healthcare and life science...
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the $750 million 5.95% senior unsecured notes, due June 2036, issued by Sammons Financial Group, Inc.. The outlook assigned to this Credit Rating is stable.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Convex Re Limited, Convex Insurance UK Limited, Convex Europe S.A. and Convex Guernsey Limited.
Top 100 Recognized as Market-Shaping Enterprises in Industrial Productivity Growth LNS Research has released its 2026 Industrial Productivity Index? and named the World's Most Productive Companies?, identifying the top 100 publicly traded industrials by productivity growth since 2019. This press release features multimedia.
U.S. life/annuity insurers? borrowings from the Federal Home Loan Banks slowed in 2025, but still grew by 10% year over year, driven predominantly by funding agreements, according to a new AM Best report. The FHLBs are a system of 11 regionally based government-sponsored banks providing liquidity to financial institutions to promote housing and community initiatives.
StandardAero, Inc. (SARO), a leading independent pure-play provider of aerospace engine aftermarket services including engine maintenance, repair and overhaul and engine component repair, announced today that S&P Global Ratings recently upgraded the Company?s credit ratings based on its investments in strategic expansion, stable margin profile, consistent top line growth as well as positive cash flow ...
NeoGenomics, Inc. (NEO), a leading provider of oncology diagnostic solutions that enable precision medicine, announced today the pricing of its previously announced private offering of $275 million aggregate principal amount of 0.75% convertible senior notes due 2032 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Mozart Insurance, Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect Mozart?s 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.
BNY Mellon Investment Adviser, Inc. announced today that the three incumbent Board nominees for each of BNY Mellon Strategic Municipals, Inc. (LEO) and BNY Mellon Strategic Municipal Bond Fund, Inc. (DSM) will continue to steward the Funds, according to preliminary voting results of the Funds? annual stockholders meetings held on June 11, 2026.
AM Best has assigned a Long-Term Issue Credit Rating of ?aa-? to the recently announced $1.0 billion, 5.95% surplus notes, due 2056, issued by Massachusetts Mutual Life Insurance Company. The proceeds from this debt issuance are expected to be used to cover general business purposes. This press release relates to Credit Ratings that have been published on AM Best?s website.
ICL Group Ltd. (ICL) hereby announces that it completed the private offering of $800 million aggregate principal amount of senior unsecured notes due 2036 to institutional investors pursuant to Rule 144A and Regulation S of the U.S. Securities Act of 1933, as amended.
HA Sustainable Infrastructure Capital, Inc. (HASI), a leading investor in sustainable infrastructure assets, announced that yesterday, on June 15, 2026, it priced its offering of $1 billion in aggregate principal amount of 5.950% green senior unsecured notes due 2033.
RAPALLO, Italy---- The first edition of the Optimum Investors Summit ? The Portofino Conversation, hosted by European real estate private equity investment firm Optimum Asset Management and its Italian partners Alberto Matta, Rodolfo Misitano, Enrico Imbraguglio and Andrea Suriano, concluded with strong participation from institutional investors, entrepreneurs, government representatives and fi...
Represents Agibank's first ratings upgrade since its February 2026 Initial Public Offering Agibank, a bank that operates a hybrid platform combining the efficiency and scalability of digital with the proximity and service of a physical presence, received today acredit rating upgrade from Moody?s Local, raising its classification from ?AA-.br? to ?AA.br?. Agibank is a subsidiary of Agi Inc. (AGBK). In ...
NeoGenomics, Inc. (NEO), a leading provider of oncology diagnostic solutions that enable precision medicine, announced today that it has commenced a private offering of $275 million aggregate principal amount of convertible senior notes due 2032 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
KBRA assigns a long-term rating of AAA to the Massachusetts Bay Transportation Authority Senior Sales Tax Bonds, 2026 Series A and affirms the long-term ratings of AAA for the Authority's outstanding Senior Sales Tax Bonds and AA+ for the Authority's outstanding Subordinated Sales Tax Bonds.
Iron Mountain Incorporated (IRM), a global leader in information management services, today announced that it has priced an upsized offering of a total of $1.5 billion aggregate principal amount of its 6.250% Senior Notes due 2035.
Beazer Homes USA, Inc. (BZH) today priced an offering of $400 million aggregate principal amount of 8.000% Senior Unsecured Notes due 2032 at par. The Company is offering the Notes to qualified institutional buyers in accordance with Rule 144A or outside the United States to non-U.S. persons in accordance with Regulation S under the Securities Act.
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. CES Energy Solutions Corp. (CESDF) announced today that it has closed its previously announced private placement of $300.0 million aggregate principal amount of its 5.625% senior unsecured notes due June 15, 2033.
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.
Log In Required
Publication Date