KBRA Rates the Commonwealth of Massachusetts’ Commonwealth Transportation Fund Revenue Bonds AAA with a Stable Outlook

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AAA with a Stable Outlook to the Commonwealth of Massachusetts’ Commonwealth Transportation Fund Revenue Bonds (Rail Enhancement & Accelerated Bridge... Read more »

A.M. Best Removes Under Review with Developing Implications and Affirms Credit Ratings of Voya Financial, Inc. and Its Subsidiaries

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has removed from under review with developing implications and affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+”... Read more »

KBRA Assigns Senior Unsecured Debt Rating of A- to Chemical Financial Corporation

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns a senior unsecured debt rating of A-, subordinated debt rating of BBB+, and short-term debt rating of K2 to Midland, Michigan based Chemical Financial... Read more »

Matador Resources Company Announces Firm Natural Gas Sales Agreement at Gulf Coast Pricing, Recent Well Results and Credit Rating Upgrade

DALLAS--(BUSINESS WIRE)--Matador Resources Company announces firm natural gas sales agreement at Gulf Coast pricing, recent well results and credit rating upgrade. Read more »

KBRA Assigns Preliminary Ratings to Castlelake Aircraft Structured Trust 2018-1

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three classes of Notes (the “Notes”) issued by Castlelake Aircraft Structured Trust 2018-1. Proceeds from the sale of the Notes will... Read more »

Owl Rock Capital Corporation Files Registration Statement on Form N-2 to Issue Registered Unsecured Debt

NEW YORK--(BUSINESS WIRE)--Owl Rock Capital Corporation (“the Company”), a business development company with $5.5 billion of equity capital commitments from investors, today announced that it has filed a Registration Statement on Form... Read more »

A.M. Best Affirms Credit Ratings of The Wawanesa Mutual Insurance Company; Upgrades Credit Ratings of Western Life Assurance Company

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a+” of The Wawanesa Mutual Insurance Company (Wawanesa Mutual).... Read more »

A.M. Best Assigns Issue Credit Rating to MetLife, Inc.’s New Preferred Shares

OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has assigned a Long-Term Issue Credit Rating of “bbb” to the $700 million in shares of 5.625% non-cumulative preferred stock, Series E recently issued by MetLife, Inc. (MetLife)... Read more »

KBRA Releases U.S. Property Assessed Clean Energy (PACE) ABS Rating Methodology

NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) releases its methodology for rating property assess clean energy (PACE) ABS transactions. The methodology addresses residential and commercial PACE assessments that are pari passu with... Read more »

A.M. Best Withdraws Credit Ratings of Standard Insurance Company JSC

LONDON--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of C++ (Marginal) and the Long-Term Issuer Credit Rating of “b+” of Standard Insurance Company JSC (Standard) (Kazakhstan). The outlook of these Credit... Read more »