Archives for January, 2017

31 Jan

Kroll Bond Rating Agency Comments on Bryn Mawr Bank Corporation and Royal Bancshares of Pennsylvania, Inc. Merger

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) comments on Bryn Mawr Bank Corporation and Royal Bancshares of Pennsylvania, Inc. merger. The report makes the following key points: Bryn Mawr Bank Corporation (NASDAQ:BMTC, “Bryn Mawr”) and Royal Bancshares of Pennsylvania, Inc. (NASDAQ:RBPAA, “Royal Bancshares”) announced a definitive agreement and plan of merger with Bryn Mawr Bank Corporation as the surviving entity. The deal is expected to close in the third quarter of 2017, and Br
31 Jan

A.M. Best Revises Outlooks to Stable for Employers Holdings, Inc. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating (FSR) of A- (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a-” of Employers Insurance Company of Nevada, Employers Compensation Insurance Company, Employers Assurance Company and Employers Preferred Insurance Company, collectively referred to as the Employers Insurance Group (Employers). In addition, A.M. Best has revised the outlook to s
31 Jan

What is an Infopreneur?

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What is an Infopreneur? A new type of entrepreneur who sells information they compile from their own expertise and other sources. Is it right for you?
31 Jan

Kroll Bond Rating Agency Assigns Preliminary Ratings to Prop 2017-1 Limited

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three series of loans (the “Loans”) issued by Prop 2017-1 Limited. Proceeds from the sale of the Loans will be used to purchase a fleet of 63 aircraft that are initially leased to 17 airlines located in 12 countries with an initial total value of approximately $545.1 million. This transaction represents Elix Aviation Capital Limited’s (“Elix” or “the Company”) first sponsored securitization. Elix was found
31 Jan

Kroll Bond Rating Agency Comments on Stress Cases Applied to Puerto Rico Insured Debt

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) rates three bond insurers with exposure to Puerto Rico totaling $9.3 billion of outstanding bonds issued by several Commonwealth issuers. In KBRA’s view, recent developments have had potentially significant effects upon Puerto Rico’s credit profile notwithstanding its continuing defaults. KBRA uses stress case loss assumptions for Puerto Rico issuers to address the continuing uncertainty in these exposures when rating bond insurers. In
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