credit rating

Latest news articles about credit rating

KBRA Assigns A+, Stable Outlook to Chicago O'Hare International Airport GARBs

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns an A+ long-term rating, with a Stable Outlook to Chicago O'Hare International Airport (O'Hare) General Airport Senior Lien Revenue Bonds (GARBs), Series 2025A (AMT) and Series 2025B (Non-AMT) issued by the City of Chicago (the City). Concurrently KBRA affirms the long-term A+ rating, with a Stable Outlook on the City's approximately $10.8 billion of currently outstanding O'Hare GARBs. Proceeds of the Series 2025A and Series 2025B Bonds (the Bonds) will be

September 11, 2025Read more →

AM Best Affirms Credit Ratings of Trinidad & Tobago Insurance Limited

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Trinidad & Tobago Insurance Limited (TATIL) (Trinidad and Tobago). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect TATIL’s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, limited business profile and appropriate enterprise risk management (ERM).

September 11, 2025Read more →

KBRA Assigns Preliminary Ratings to Driven Brands Funding LLC, Series 2025-1 Senior Secured Notes

DRVN

(NASDAQ:DRVN) NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to one class of notes from Driven Brands Funding LLC, Series 2025-1 (Driven 2025-1 or Series 2025-1). In conjunction with the issuance of the Series 2025-1 Notes, the Series 2019-1 Class A-2 Notes and Series 2022-1 Class A-2 Notes are expected to be repaid at which time KBRA will withdraw the ratings. At that time, KBRA also anticipates affirming the ratings on the Issuer’s outstanding notes (the Existing Notes and, together with the S

September 10, 2025Read more →

AM Best Assigns Credit Ratings to Premia Reinsurance Ltd.

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) of Premia Reinsurance Ltd. (Premia Re) (Bermuda). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Premia Re’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. Premia Re has be

August 29, 2025Read more →

Valstybės investicinis kapitalas UAB updated Note Programme is assigned an A credit rating

Valstybės investicinis kapitalas UAB (hereinafter – the Issuer) hereby announces that its updated and approved EUR 400,000,000 Medium-Term Note Programme (hereinafter – the Programme) has been assigned a credit rating of A.

August 29, 2025Read more →

Fitch Assigns First-Ever Rating to CloudWalk in Brazil: AA-(bra) with Positive Outlook

SÃO PAULO--(BUSINESS WIRE)--Fitch Ratings has assigned its first-ever rating to CloudWalk, the technology company behind the financial services platforms InfinitePay in Brazil and JIM.com in the United States. The agency awarded a Long-Term National Rating of ‘AA-(bra)’ with a Positive Outlook to the company’s Brazilian operations. In its report, Fitch highlighted CloudWalk’s rapid growth, serving more than 5 million entrepreneurs across all Brazilian cities, as well as the strength of its fund

August 27, 2025Read more →

KBRA Assigns AA Rating, Stable Outlook to the Cities of Dallas and Fort Worth, TX Airport Joint Revenue Refunding and Improvement Bonds

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA to the Joint Revenue Refunding and Improvement Bonds Series 2025A-1 (AMT), Joint Revenue Refunding and Improvement Bonds SeriesA-2 (AMT) and Joint Revenue Refunding and Improvement Bonds Series 2025B (Non-AMT) issued by the Cities of Dallas and Fort Worth, TX ("the Cities") on behalf of Dallas/Fort Worth International Airport ("DFW" or "the Airport"). Concurrently, KBRA affirms the long-term AA rating on outstanding Joint Revenue

August 27, 2025Read more →

KBRA Assigns AA+ Rating, Stable Outlook to City of Atlanta, GA Airport General Revenue Bonds

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a long-term rating of AA+ to the City of Atlanta, Georgia Airport General Revenue Bonds, Series 2025A (Non-AMT) and Series 2025B (AMT) issued for Hartsfield-Jackson Atlanta International Airport. Concurrently, KBRA affirms the long-term rating of AA+ assigned to outstanding General Airport Revenue Bonds and Passenger Facility Charge (PFC) Subordinate Lien Airport General Revenue Bonds. The Outlook on all debt is Stable. Airport General Revenue Bonds (GARB

August 19, 2025Read more →

Hercules Capital Receives a BBB+ Affirmed Investment Grade Corporate and Credit Rating from Kroll Bond Rating Agency, Inc.

HTGC

SAN MATEO, Calif.--(BUSINESS WIRE)--Hercules Capital, Inc. (NYSE: HTGC) (“Hercules” or the “Company”), the largest and leading specialty financing provider to innovative venture, growth and established stage companies backed by some of the leading and top-tier venture capital and select private equity firms, today announced that Kroll Bond Rating Agency, Inc. (“KBRA”) has affirmed Hercules’ investment grade corporate and credit rating of BBB+. KBRA issued a statement announcing the affirmation

August 19, 2025Read more →

Standard & Poor's (S&P) Upgrades CABEI's Stand-Alone Credit Profile up to 'aa' for Strong Financial Performance and Affirms "AA" Rating.

TEGUCIGALPA, Honduras, Aug. 14, 2025 /PRNewswire/ -- Credit rating agency Standard & Poor's (S&P) has upgraded the Central American Bank for Economic Integration's (CABEI) Stand-Alone Credit Profile (SACP) from 'aa-' up to 'aa', due to the strengthening of its financial profile over the...

August 14, 2025Read more →

KBRA Assigns Rating to HPS Corporate Capital Solutions Fund's $350 Million Senior Unsecured Notes

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to HPS Corporate Capital Solution Fund's ("HCAP" or "the company") $150 million 5.860% senior unsecured notes due August 13, 2028 and $200 million 6.200% senior unsecured notes due August 13, 2030. The rating Outlook is Stable. The proceeds will be used for to repay indebtedness, to make investments in accordance with HCAP's investment strategy and policies and for general corporate purposes. Key Credit Considerations The rating is support

August 13, 2025Read more →

KBRA Assigns Preliminary Ratings to GCAT 2025-NQM3 Trust

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to eight classes of mortgage pass-through notes from GCAT 2025-NQM3 Trust, a $507.2 million non-prime RMBS transaction. The underlying collateral, comprising 926 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative income documentation. Borrowers in the subject pool possess a non-zero WA original credit score of 753 and exhibit modest equity in each mortgaged property, with WA L

June 16, 2025Read more →

AM Best Assigns Issue Credit Rating to Fidelis Insurance Holdings Limited Subordinated Notes

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” (Good) to $400 million 7.75% fixed rate subordinated notes, due June 15, 2055 issued by Fidelis Insurance Holdings Limited (Fidelis) (Bermuda). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings of Fidelis and its subsidiaries are unchanged. The release relates to the previously assigned indicative Long-Term IR of this note which has been withdrawn. Fide

June 16, 2025Read more →

KBRA Assigns a Preliminary Rating to AASET MT-1 Limited, Series 2025-2 Notes

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a preliminary rating to AASET MT-1 Limited and AASET MT-1 LLC (together, AASET MT-1 or the Issuer), Series 2025-2, an aviation ABS transaction. The issuance of the Series A-2 Notes and Series B-2 Notes (together, the Series 2025-2 Notes) represents the Issuer’s second issuance from AASET MT-1 following the issuance of the Series A-1 Notes and Series B-1 Notes (together, the Series 2025-1 Notes), which closed on February 7, 2025. In conjunction with the is

June 11, 2025Read more →

AM Best Assigns Indicative Issue Credit Rating to Fidelis Insurance Holdings Limited Subordinated Notes

Fidelis

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned an indicative Long-Term Issue Credit Rating (Long-Term IR) of “bbb-” (Good) to fixed rate subordinated notes to be issued by Fidelis Insurance Holdings Limited (Fidelis) (Bermuda). The outlook assigned to this Credit Rating (rating) is stable. The assigned rating for securities that may be issued under the shelf registration statement is consistent with the ranking of the notes, which mature in 2055. Fidelis is targeting an issuance size of u

June 9, 2025Read more →