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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
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of "bbb†(Good) to the recently issued $300 million, 4.7% senior unsecured notes, due October 2030, of Horace Mann Educators Corporation (Horace Mann) (headquartered in Springfield, IL). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Horace Mann and its subsidiaries are unchanged. Horace Mann intends to use the net proceeds from the issuance of the notes for general corpo. ...
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
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA is pleased to announce the assignment of 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. FREMF 2025-K172 is a $1.2 billion CMBS multi-borrower transaction. Freddie Mac will guarantee five classes of certificates issued in the underlying Series 2025-K172 securitization and will deposit the guaranteed underlying cert ...
AM Best Downgrades Credit Ratings of Nissan Global Reinsurance, Ltd.
Businesswire· 2025-09-26 18:05
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has downgraded the Financial Strength Rating to A- (Excellent) from A (Excellent) and the Long-Term Issuer Credit Rating to "a-†(Excellent) from "a†(Excellent) of Nissan Global Reinsurance, Ltd. (NGRe) (Hamilton, Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect NGRe's balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate. ...
KBRA Assigns Preliminary Ratings to Citigroup Mortgage Loan Trust 2025-4 (CMLTI 2025-4)
Businesswire· 2025-09-25 17:05
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 56 classes of mortgage pass-through certificates from Citigroup Mortgage Loan Trust 2025-4 (CMLTI 2025-4), a prime residential mortgage-backed securities transaction collateralized by owner occupied primary and secondary properties. The underlying pool consists of 370 fixed-rate mortgages (FRMs) with an aggregate principal balance of approximately $345.5 million as of the cut-off date on September 1, 2025 and includes both ...
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]
X @Bloomberg
Bloomberg· 2025-09-24 12:00
Fitch Ratings downgraded Thailand’s credit rating outlook to negative from stable, citing rising risks to public finances from prolonged political uncertainty and weakening growth prospects https://t.co/LPqfbtHVOP ...
S&P Global Ratings affirms Akropolis Group’s BB+ credit rating with stable outlook following planned Galio Group acquisition
Globenewswire· 2025-09-24 05:55
International credit rating agency S&P Global Ratings, having assessed Akropolis Group’s plans to acquire the residential and commercial real estate development and management company Galio Group, has affirmed the BB+ rating with stable outlook assigned to the company for the fourth consecutive year. “The confirmation of our rating by an international agency is significant for our business operations, partners, and investors. Significantly, this latest review was carried out after evaluating the impact of ...