KBRA assigns a long-term rating of AAA to the Dallas Independent School District, TX: Unlimited Tax School Building Bonds, Series 2026A; and Variable Rate Unlimited Tax School Building Bonds, Series 2026B.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? of Min Xin Insurance Company Limited.
PennyMac Mortgage Investment Trust (PMT) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 to an investor in a direct placement registered under the Securities Act of 1933, as amended.
Completed 66 Hotel Sales for Approximately $534 Million in Gross Proceeds during Fourth Quarter to Date Announces Partial Early Redemption of Senior Unsecured Notes due February 2027 Service Properties Trust (SVC) today provided an update on its hotel dispositions and recent actions to strengthen its balance sheet.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to ?a-? from ?bbb+? of Seguros e Inversiones, S.A. . The outlooks of these Credit Ratings have been revised to stable from positive.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Patria Re, Inc.. The outlook of these Credit Ratings is stable. The ratings reflect Patria US?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.
AM Best has upgraded the Long-Term Issuer Credit Ratings to ?aa? from ?aa-? and affirmed the Financial Strength Rating of A+ of Arch Reinsurance Ltd. and its strategic affiliates.
AM Best has upgraded the Long-Term Issuer Credit Rating to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Irwell Insurance Company Limited. The Credit Ratings reflect Irwell?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.
The Federal Home Loan Bank of Pittsburgh, in conjunction with its housing finance agency partners, announced that $8.4 million in Home4Good grants have been awarded this year to support 110 programs in Delaware, Pennsylvania and West Virginia in the fight against homelessness.
AM Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of FHM Insurance Company. The Credit Ratings reflect FHM?s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
?Local market performance varies widely, with a growing divide in appreciation levels between Rust Belt and Sun Belt markets, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its November 2025 Home Price In...
Socure, the AI-first platform for global identity and risk decisioning, has announced today that it has joined the World Economic Forum?s Unicorn Community, an exclusive invite-only program, designated for private hyper-growth companies valued at over $1 billion at the forefront of disruption and innovation in their industries.
Senior Unsecured Notes are Rated Investment Grade CION Investment Corporation (CION) announced today that it closed an offering of $172.5 million in aggregate principal amount of its senior unsecured notes, consisting of $125 million in aggregate principal amount of its senior unsecured notes due 2029, and $47.5 million in aggregate principal amount of its senior unsecured notes due 2027.
AM Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Ratings to ?a-? from ?bbb+? of the two main operating subsidiaries of Nagico Holdings Limited, National General Insurance Corporation N.V. and Nagico Insurance Company Limited (collectively referred to as.
AM Best has affirmed the Financial Strength Rating of A- and the Long-Term Issuer Credit Rating of ?a-? of Guaranty Income Life Insurance Company and United Life Insurance Company, collectively, referred to as Kuvare Retail Group. Lastly, AM Best has affirmed the FSR of B++ and the Long-Term ICR of ?bbb? of Lincoln Benefit Life Company.
The strategic funding from international investment firm Vitruvian Partners will advance the company?s platform, helping organizations rapidly transform threat data into decisive action and a more robust security posture. Outpost24, a leader in exposure management and identity security, today announced a new investment from Vitruvian Partners to fuel its next phase of global growth.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? for the health and dental insurance subsidiaries of Humana Inc. (HUM) [NYSE: HUM]. These subsidiaries collectively are referred to as Humana Health Group.
Fund is designed to provide exposure to longer duration investment grade municipal bonds with a strategic allocation to high-yield munis New York Life Investments today announced the launch of the NYLI MacKay Muni Allocation ETF (MMMA), an actively-managed municipal bond ETF designed to deliver attractive, tax-exempt income through a combination of predominately long-duration investment grade municipa...
December 16, 2025-- ITT Inc. (ITT) today announced that leading ratings agencies Moody?s, S&P Global Ratings and Fitch Ratings have reaffirmed the company?s current investment grade credit ratings with a stable outlook following the announcement of its agreement to acquire SPX FLOW and the closing of its underwritten public offering of $1.31 billion of common stock.
Substantially All of Net Proceeds Expected to Be Used to Repurchase Approximately $1.6 Billion of Common Stock and for Capped Call Transactions Zoetis Inc. (ZTS) today announced that it has priced its previously announced offering of $1.75 billion aggregate principal amount of 0.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional bu...
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of SNIC Insurance B.S.C.. The outlook of these Credit Ratings is negative. The ratings reflect SNIC?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
Substantially All Net Proceeds Expected to Be Used to Repurchase Common Stock and for Capped Call Transactions Zoetis Inc. (ZTS) today announced that, subject to market conditions, it intends to offer $1.75 billion aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A of the Secur...
AM Best has downgraded the Financial Strength Rating to C++ from B- and the Long-Term Issuer Credit Rating to ?b+? from ?bb-? of Southern General Insurance Company. The ratings reflect SGIC?s balance sheet strength, which AM Best assesses as weak, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of National Security Insurance Company.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the life/health insurance subsidiaries of Manulife Financial Corporation (MFC) [NYSE: MFC]. Concurrently, AM Best has affirmed the Long-Term ICR of ?a-? and the Long-Term Issue Credit Ratings of MFC.
AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of EMC National Life Company. The ratings reflect EMCNL?s balance sheet strength, which AM Best assesses as very strong, as well as its marginal 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 ?a+? of the core Blue Cross Blue Shield-branded insurance subsidiaries of Elevance Health, Inc. (ELV) [NYSE: ELV], as well as most of its non-Blue-branded subsidiaries.
AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa-? and the Mexico National Scale Rating of ?aaa.MX? of HDI Global Seguros, S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Hannover R?ck SE and its main subsidiaries. The ratings reflect Hannover Re?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and very strong enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of HDI Haftpflichtverband der Deutschen Industrie V.a.G. and its rated insurance subsidiaries.
PennyMac Mortgage Investment Trust (PMT) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., has priced an offering of $75 million aggregate principal amount of its 8.500% Exchangeable Senior Notes due 2029 to certain investors in a direct placement registered under the Securities Act of 1933, as amended.
WSFS Financial Corporation (WSFS), the parent company of WSFS Bank, today announced that it has completed the public offering of $200 million aggregate principal amount of its 5.375% Fixed-to-Floating Rate Senior Unsecured Notes due 2035.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Pacific Life Insurance Company and Pacific Life & Annuity Company. The ratings reflect Pacific Life Group?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and very strong enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Great American Insurance Company and its pooling affiliates, collectively referred to as Great American Insurance Companies. At the same time, AM Best has affirmed the FSR of A+ and the Long-Term ICRs of ?aa-? of the property/casualty members of the Great American Contemporary Pool.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Assicurazioni Generali S.p.A. and its main rated subsidiaries. The ratings reflect Generali?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, very favourable 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 Mexico National Scale Rating of ?aaa.MX? of General de Salud, Compa??a de Seguros, S.A.. The outlook of these Credit Ratings is negative.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of General de Seguros, S.A.. The outlook of these Credit Ratings is stable.
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 Sapphire Reinsurance Company.
AM Best has assigned a Financial Strength Rating of B+ and a Long-Term Issuer Credit Rating of ?bbb-? to Sky Reinsurance Ltd.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Sky Re?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 downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of Rockford Mutual Insurance Company. The Credit Ratings reflect RMIC?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.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Tune Protect Re Ltd.. The outlook of these Credit Ratings is stable. The ratings reflect TPR?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 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 The New India Assurance Company Limited.
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 Arabia Insurance Company s.a.l.. The Credit Ratings reflect AIC?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Banks Celebrate Decades-Long Relationship with Multicity Event. The Federal Home Loan Bank of Dallas and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. This press release features multimedia.
FHLB Dallas Pathway Fund Helps Organizations Prevent or Remediate Property Title Issues. The Federal Home Loan Bank of Dallas has awarded more than $4.3 million in Pathway Fund grants to assist 42 organizations with preventing or remediating heirs? property issues, such as resolving issues with a property title or establishing a will.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Casualty & General Insurance Company Limited.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the $70 million, 9% surplus notes, due December 2045, issued by Maine Employers? Mutual Insurance Company. The surplus notes issuance is intended to strengthen the balance sheet and support MEMIC?s acquisition of the Dakota Group, which is expected to close in January 2026, pending regulatory approval.
?. ISIN Code. Our Ref. ISSUE NAME. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bonds due September 2029. Series No 89 Tranche 1 MTN. INTEREST PERIOD. VALUE DATE. INTEREST RATE. NUM OF DAYS. DAY BASIS. CURRENCY CODE. TOTAL INTEREST AMT. GBP 11,138,649.32. POOL FACTOR.
?. ISIN Code. Our Ref. ISSUE NAME. Santander UK PLC. Issue of GBP 1,100,000,000.00. Floating Rate Covered Bonds due June 2028. Series 81 Tranche 1 MTN. INTEREST PERIOD. VALUE DATE. INTEREST RATE. NUM OF DAYS. DAY BASIS. CURRENCY CODE. TOTAL INTEREST AMT. GBP 12,307,363.56. POOL FACTOR.
WSFS Financial Corporation (WSFS), the parent company of WSFS Bank, today announced the pricing of its underwritten public offering of $200 million aggregate principal amount of its Fixed-to-Floating Rate Senior Unsecured Notes due 2035.
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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