AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the newly issued $1 billion, 6.35% subordinated notes, due March 15, 2055, issued by MetLife, Inc. [NYSE: MET]. The outlook assigned to this Credit Rating is stable. MetLife?s proforma adjusted financial leverage and the historical interest coverage are in line with its current ratings, and its holding company liquidity is strong.
Easterly Government Properties, Inc. (DEA), a fully integrated real estate investment trust focused primarily on the acquisition, development and management of Class A commercial properties leased to U.S. Government agencies and its adjacent partners, announced today that it has entered into a master notes purchase agreement to issue $125 million of five and seven-year senior unsecured notes issued a...
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $1,250,000,000 aggregate principal amount of its 5.125% Senior Notes due 2032, $1,000,000,000 aggregate principal amount of its 5.300% Senior Notes due 2035 and $1,250,000,000 aggregate principal amount of its 5.875% Senior Notes due 2055 in a registered public offering.
Avolon Holdings Limited, a leading global aviation finance company, announces the pricing of a private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$850 million of 5.375% senior unsecured notes due 2030. The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries.
Aviation Capital Group LLC, a premier global full-service aircraft asset manager, announced today the closing of its sale of $800 million of senior unsecured notes, consisting of $500 million aggregate principal amount of 5.125% senior unsecured notes due 2030 and $300 million aggregate principal amount of 4.750% senior unsecured notes due 2027.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, plans to offer, subject to market and other conditions, senior notes in a registered public offering. Barclays Capital Inc., Deutsche Bank Securities Inc., Morgan Stanley & Co. LLC and UBS Investment Bank are the joint book-running managers for the offering of the notes.
AM Best has assigned a Financial Strength Rating of A- and a Long-Term Issuer Credit Rating of ?a-? to IQUW Re Bermuda Limited. The ratings reflect IQUW?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. IQUW Re is the group?s Bermuda-domiciled reinsurer.
KBRA assigns a long-term rating of AA+ to the County of Buncombe, NC Refunding Limited Obligation Bonds, Series 2025. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
All amounts in US$ unless otherwise indicated. Capstone Copper Corp. (CSCCF) announces that it has successfully completed the pricing of its offering of $600 million aggregate principal amount of 6.750% senior notes due 2033. Interest on the Notes will accrue from the issue date at a rate of 6.750% per annum and will be payable semi-annually.
KBRA assigns a long-term rating of AAA to the State of Oregon Department of Administrative Services Oregon State Lottery Revenue Bonds, 2025 Series A and 2025 Series B. The Outlook is Stable. Concurrently, KBRA affirms the long-term rating of AAA and Stable Outlook on outstanding parity bonds.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Vietnam National Scale Rating of aaa.VN of PVI Insurance Corporation. The ratings reflect PVI Insurance?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Pacific International Insurance Pty Limited. The ratings reflect Pacific?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Vietnam National Scale Rating of aaa.VN of Hanoi Reinsurance Joint-Stock Corporation.
?ServiceMac named one of the top-rated servicers in the U.S. for second year in a row? ServiceMac, a leading innovator in mortgage subservicing and a member of the First American family of companies, today announced the company earned Fannie Mae?s 2024 Servicer Total Achievement and Rewards? Performer award in both the General Servicing and Solution Delivery categories.
All amounts in US$ unless otherwise indicated. Capstone Copper Corp. (CSCCF) announces that it is launching an offering of $500 million aggregate principal amount of senior notes due 2033. The Notes will be senior unsecured obligations of the Company and will be guaranteed by each of the Company?s subsidiaries that guarantees its senior secured revolving credit facility.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Cadence Indemnity Inc.. The outlook assigned to these Credit Ratings is stable. The ratings reflect Cadence?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.
First State Bank of Abernathy, Texas, used Federal Home Loan Bank of Dallas Economic Development Program advances to aid three struggling West Texas hospitals. This press release features multimedia.
KBRA has assigned a long-term rating of A+, with a Stable Outlook, to Colorado Statewide Bridge and Tunnel Enterprise Senior Infrastructure Revenue Bonds, Series 2025A. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Middle East Insurance Company Plc. The ratings reflect MEICO?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.
U.S. Department of Energy grants CP2 LNG approval to export to non-FTA countries Today, Venture Global (VG) received approval from the U.S. Department of Energy to export liquefied natural gas to non-FTA countries for its third project, CP2 LNG, located in Cameron Parish, Louisiana. ?CP2 LNG is a vital project for the U.S. economy, balance of trade, and global energy security.
STORE Capital LLC, an internally managed net-lease real estate investment trust that invests in Single Tenant Operational Real Estate, announced today that it has priced a $350.0 million offering of 5.40% senior unsecured notes.
KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Bonds, Series 2025-B and affirms the long-term rating of AA for the State's outstanding General Obligation Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
The Federal Home Loan Bank of Dallas, through its member Texas Capital Bank awarded a $100,000 Heirs? Property Program grant to the Local Initiatives Support Corporation Houston in Houston, Texas, in a ceremonial check presentation today. This press release features multimedia.
Insulet Corporation (PODD), the global leader in tubeless insulin pump technology with its Omnipod? brand of products, has priced a private placement of $450 million aggregate principal amount of senior unsecured notes due 2033.
Newrez LLC aka ?Newrez? a leading mortgage servicer and lender, is pleased to announce that it has obtained ratings and upgrades by Fitch Ratings? affirming the strength of its servicing division.
On March 17, 2025, the City of Richmond filed a lawsuit against two major investment banks, JP Morgan Chase and Royal Bank of Canada, as well as against the city?s former financial advisors, Public Resources Advisory Group and The Majors Group.
Forty Scholarships Worth Up to $400,000 Available for High School Seniors and Up to $100,000 Scholarships Offered to Graduate Students The Sallie Mae Fund, in partnership with Thurgood Marshall College Fund, is now accepting applications for its 2025-26 Bridging the Dream Scholarship Program. This press release features multimedia.
National House Price Growth Slips to Slowest Pace in Nearly 13 Years ?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 Corp...
National House Price Growth Slips to Slowest Pace in Nearly 13 Years ?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 Corp...
National House Price Growth Slips to Slowest Pace in Nearly 13 Years ?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 Corp...
National House Price Growth Slips to Slowest Pace in Nearly 13 Years ?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 Corp...
?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 February 2025 Home Price Index report.
National House Price Growth Slips to Slowest Pace in Nearly 13 Years ?Slower price growth signals that some pockets of the country are shifting toward a more buyer-friendly market, 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 Corp...
Green Dot Bank, a subsidiary of Green Dot Corporation (GDOT), has earned a Community Reinvestment Act overall rating of ?Outstanding? from the Federal Reserve, reinforcing the company?s commitment to delivering financial tools and support to consumers and small businesses in need, particularly in low-to-moderate-income communities.
Insulet Corporation (PODD), the global leader in tubeless insulin pump technology with its Omnipod? brand of products, today announced its intention to offer, subject to market and other conditions, $450 million aggregate principal amount of senior unsecured notes due 2033 in a private placement.
Hyatt Hotels Corporation (H), a leading global hospitality company, announced today the pricing of its public offering of $500,000,000 aggregate principal amount of senior notes due 2028, which will bear interest at a fixed annual rate of 5.050% and $500,000,000 aggregate principal amount of senior notes due 2032, which will bear interest at a fixed annual rate of 5.750%. The offering is expected t...
Alcoa Corporation (AA) announced today that Alumina Pty Ltd, a wholly-owned subsidiary of Alcoa (AA), closed its offering of $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 and $500,000,000 aggregate principal amount of 6.375% senior notes due 2032.
KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York State Personal Income Tax Revenue Bonds Series 2025A and State Personal Income Tax Revenue Bonds Series 2025B. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade.
Alcoa Corporation (AA) announces the expiration and expiration date results of its previously announced offer to purchase for cash any and all outstanding 5.500% senior unsecured notes due 2027 issued by Alcoa Nederland Holding B.V., fully guaranteed on an unsecured basis by Alcoa (AA) and certain of its subsidiaries, and the early results of its previously announced offer to purchase for cash outstandi...
Closing Date Set for April 1, 2025; Sterling Bancorp, Inc. (SBT) to Delist From Nasdaq Upon Completion of Sale Sterling Bancorp, Inc. (SBT), the holding company of Sterling Bank and Trust, F.S.B., today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company?s sale of all of the issued and outstanding shares of capital stock of the Bank to Ever...
RiverNorth Capital Management, LLC, an investment manager and closed-end fund expert specializing in opportunistic strategies, announced that the RiverNorth/Oaktree High Income Fund won the 2025 LSEG Lipper Fund Award for Best General Bond Fund for the five-year period ended November 30, 2024.
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 Fire and Casualty Company.
Baird Municipal Bond, Baird Strategic Municipal Bond Recognized. Baird Advisors? commitment to delivering consistent competitive returns for clients has again been recognized by LSEG Lipper. Both Funds are co-managed by Lyle Fitterer, CFA, Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA and Gabe Diederich, CFA.
Alcoa Corporation (AA) announces the consideration to purchase for cash any and all of the outstanding 5.500% senior unsecured notes due 2027 issued by Alcoa Nederland Holding B.V., a wholly-owned subsidiary of Alcoa (AA), fully guaranteed by Alcoa.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Energas Insurance Limited. The ratings reflect ENERGAS? 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.
BMAX is a New ETF Offering Investors First-of-Its-Kind Access to Convertible Bonds Utilized for Companies Adding Bitcoin to Balance Sheet REX Shares, a leader in exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF, a first-of-its-kind fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into the...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the life insurance subsidiaries of Western & Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, ...
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Berkshire Hathaway Homestate Insurance Company and its five property/casualty affiliates.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company and United World Life Insurance Company.
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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