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].

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 ...

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]

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]

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]

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]

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]

Credit Rating Outlook - Fitch Ratings 将泰国信用评级展望从稳定下调至负面[1] Public Finance Risks - 长期政治不确定性和增长前景疲软导致公共财政风险上升[1]

Core Viewpoint - S&P Global Ratings has affirmed Akropolis Group's BB+ rating with a stable outlook for the fourth consecutive year, indicating confidence in the company's strategic acquisition of Galio Group and its potential to enhance financial stability and growth in the Baltic real estate market [1][2]. Group 1: Acquisition Impact - The acquisition of Galio Group is expected to increase Akropolis Group's property portfolio value by approximately 30%, rising from €1.1 billion to €1.4 billion [3]. - The number of income-producing assets will expand significantly from 5 to 60, which will reduce concentration risk and enhance portfolio diversification [3]. - Following the acquisition, shopping centers will constitute 73% of the total portfolio value, a decrease from the current 96%, indicating improved diversification [3]. Group 2: Financial Performance - Akropolis Group's consolidated rental income for the first half of 2025 reached €46.3 million, reflecting a 5.4% increase compared to the same period in 2024 [5]. - Earnings before interest, taxes, depreciation, and amortization (EBITDA) for the same period amounted to €44.3 million, marking a 3.4% year-on-year growth [5]. Group 3: Market Outlook - S&P Global Ratings anticipates that Akropolis Group's operating fundamentals will remain stable over the next 12 months, supported by strong demand across all asset classes [4]. - The agency expects the company to achieve consistent growth in rental income and maintain high occupancy levels post-acquisition [4].

NEW YORK, Sept. 23, 2025 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”; NASDAQ: MRX), the diversified global financial services platform, today announced that S&P Global Ratings has assigned a first-time long-term Issuer Default Rating (IDR) of BBB to its US-based subsidiary, Marex Capital Markets Inc. (“MCMI”) with a stable outlook. The new rating for MCMI reflects its status as core to Marex Group and its significance to the overall business. S&P noted that MCMI is intrinsic to Marex’s global strategy and ...