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Moody’s assigns Issuer ratings to Bank of Åland Plc
Globenewswire· 2025-10-07 12:00
Bank of Åland PlcStock exchange releaseOctober 7, 2025, 15.00 EEST Moody’s assigns Issuer ratings to Bank of Åland Plc The rating agency Moody’s Ratings (“Moody’s”) has today assigned Bank of Åland Plc (Ålandsbanken Abp) a long- and short-term issuer rating of Baa1/P-2. The long-term issuer rating carries a positive outlook. Moody’s has previously assigned Bank of Åland long- and short-term Deposit Ratings of A3/P-2, long- and short-term Counterparty Risk Ratings (CRRs) of A2/P-1, long- and short-term Cou ...
KBRA Assigns Rating to BlackRock Private Credit Fund's $200 Million Senior Unsecured Notes Due 2028 and 2030
Businesswire· 2025-10-06 21:35
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB- to BlackRock Private Credit Fund's ("BDEBT" or "the company") $50 million, 5.78% senior unsecured notes due December 17, 2028 and its $150 million, 6.14% senior unsecured notes due October 8, 2030. The rating Outlook is Stable. Funds will be used for general corporate purposes. Key Credit Considerations The rating is supported by BDEBT's ties to BlackRock, Inc. (NYSE: BLK) and its $360 billion Private Financing Solutions ("PFS†...
Echo Global keeps Moody’s B3 rating in tough market
Yahoo Finance· 2025-10-02 16:20
Outlook for the future is for steady performance but little chance of a big turnaround Echo Global Logistics has managed to hold its debt rating at Moody’s as the ratings agency said it expects the company, even in the midst of the current freight market, to “maintain steady earnings and adequate liquidity.” The corporate family rating at Moody’s for Echo Global was maintained at B3. That rating is considered equivalent to a B- at S&P Global Ratings. S&P Global (NYSE: SPGI) has had Echo Global at that le ...
AM Best Assigns Issue Credit Rating to Horace Mann Educators Corporation's New Senior Unsecured Notes
Businesswire· 2025-10-02 14:46
Core Viewpoint - AM Best has assigned a Long-Term Issue Credit Rating of "bbb" (Good) to Horace Mann Educators Corporation's recently issued $300 million senior unsecured notes, indicating a stable outlook for the company [1]. Group 1: Credit Rating and Financial Instruments - The newly issued senior unsecured notes amount to $300 million with a coupon rate of 4.7%, maturing in October 2030 [1]. - The outlook for the assigned Credit Rating is stable, reflecting the company's current financial health [1]. - Existing ratings of Horace Mann and its subsidiaries remain unchanged, indicating consistent performance in the market [1]. Group 2: Use of Proceeds - Horace Mann plans to utilize the net proceeds from the issuance of the notes for general corporate purposes, which may include operational expenses or strategic investments [1].
X @Bloomberg
Bloomberg· 2025-10-02 11:28
Mauritius will host the headquarters of the Africa Credit Rating Agency, a new continental initiative to provide alternative assessments of repayment risk that will start operating by the second quarter of 2026 https://t.co/eY9N4EGlOf ...
KBRA Assigns Preliminary Ratings to FREMF 2025-K172 and Freddie Mac Structured Pass-Through Certificate Series K-172
Businesswire· 2025-09-30 15:15
Core Insights - KBRA has assigned preliminary ratings to three classes of FREMF Series 2025-K172 mortgage pass-through certificates and three classes of Freddie Mac structured pass-through certificates (SPCs), Series K-172 [1] - FREMF 2025-K172 represents a $1.2 billion CMBS multi-borrower transaction [1] - Freddie Mac will guarantee five classes of certificates issued in the underlying Series 2025-K172 securitization and will deposit the guaranteed underlying certificates [1]
AM Best Downgrades Credit Ratings of Nissan Global Reinsurance, Ltd.
Businesswire· 2025-09-26 18:05
Core Viewpoint - AM Best has downgraded the Financial Strength Rating and Long-Term Issuer Credit Rating of Nissan Global Reinsurance, Ltd. (NGRe) while maintaining a stable outlook for these ratings [1] Group 1: Rating Changes - The Financial Strength Rating has been downgraded to A- (Excellent) from A (Excellent) [1] - The Long-Term Issuer Credit Rating has been downgraded to "a-" (Excellent) from "a" (Excellent) [1] Group 2: Rating Justifications - The ratings reflect NGRe's balance sheet strength, assessed as very strong [1] - The operating performance is deemed adequate, with a neutral business profile [1] - The overall assessment includes appropriate considerations [1]
KBRA Assigns Preliminary Ratings to Citigroup Mortgage Loan Trust 2025-4 (CMLTI 2025-4)
Businesswire· 2025-09-25 17:05
Core Viewpoint - KBRA has assigned preliminary ratings to 56 classes of mortgage pass-through certificates from Citigroup Mortgage Loan Trust 2025-4, indicating a significant transaction in the prime residential mortgage-backed securities market [1] Group 1: Transaction Details - The transaction is collateralized by owner-occupied primary and secondary properties [1] - The underlying pool consists of 370 fixed-rate mortgages (FRMs) [1] - The aggregate principal balance of the mortgages is approximately $345.5 million as of the cut-off date on September 1, 2025 [1]
Eesti Energia has withdrawn its rating with S&P
Globenewswire· 2025-09-25 15:45
Core Viewpoint - Eesti Energia has withdrawn its long-term issuer credit rating from S&P Global Ratings, which was previously rated at BB+ with a negative outlook [1] Group 1 - The withdrawal of the rating does not impact the company's financial position, ongoing operations, or obligations towards investors and stakeholders [1] - The company remains committed to maintaining transparency in its operations [1] - Eesti Energia will continue to hold ratings from Moody's and Fitch [1]
AM Best Assigns Issue Credit Rating to American Financial Group, Inc.'s New Senior Unsecured Notes
Businesswire· 2025-09-24 19:20
Core Viewpoint - AM Best has assigned a Long-Term Issue Credit Rating of "a-" (Excellent) to the recently issued $350 million senior unsecured notes by American Financial Group, Inc. (AFG) with a stable outlook [1] Group 1 - The senior unsecured notes have a 5% interest rate and a maturity of 10 years, due in September 2035 [1] - The existing ratings of AFG and its subsidiaries remain unchanged following this issuance [1] - AFG plans to utilize the net proceeds from the offering for general corporate purposes, including share repurchase [1]