NEW YORK--(BUSINESS WIRE)--Irvine, California based Pacific Premier Bancorp, Inc. (NASDAQ:PPBI) signed a definitive agreement to acquire Los Angeles, California based Grandpoint Capital, Inc. (OTC:GPNC) (“Grandpoint”). The merger is an all-stock transaction with... Read more »
OLDWICK, N.J.--(BUSINESS WIRE)--A.M. Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Hanover Fire... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to fifty-three classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2018-3 (SEMT 2018-3), a prime RMBS transaction. SEMT 2018-3 contains both... Read more »
LONDON--(BUSINESS WIRE)--A.M. Best has commented that the Credit Ratings (ratings) of QBE Insurance Group Limited (QBE) (Australia) and its main insurance subsidiaries remain unchanged following QBE’s market update on 23 January 2018... Read more »
SINGAPORE--(BUSINESS WIRE)--A.M. Best has downgraded the Financial Strength Rating to B++ (Good) from A- (Excellent) and the Long-Term Issuer Credit Rating to “bbb+” from “a-” of ECICS Limited (ECICS) (Singapore). The outlook... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to four note classes of Securitized Equipment Receivables Trust 2018-1. The notes are newly issued asset-backed securities backed by a portfolio of... Read more »
HONG KONG--(BUSINESS WIRE)--A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” of Hotai Insurance Co., Ltd. (Hotai Insurance) (Taiwan). The outlook of... Read more »
SINGAPORE--(BUSINESS WIRE)--A.M. Best has commented that the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb” of Provident Insurance Corporation Limited (Provident) (New Zealand) remain unchanged. The... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to six classes of BDS 2018-FL1, a $510.2 million commercial real estate collateralized loan obligation (CRE... Read more »
NEW YORK--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to five classes of notes issued by Flagship Credit Auto Trust 2018-1 (“FCAT 2018-1”), an auto loan ABS transaction. As of the... Read more »