Bond & Stock Rating News

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of A with a Stable Outlook to the Municipality of Anchorage, AK 2026 Port Revenue Bonds, Series A (AMT) and outstanding parity Port Revenue Bonds. To access ratings and relevant documents, click here. Click here to view the report. Methodology Public Finance: General Revenue Bond Methodology Disclosures Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and h...

NEW YORK--(BUSINESS WIRE)--KBRA assigns its A+ preliminary rating to QTS Thunder Managing Issuer, LLC’s proposed $3.6 billion senior secured obligations. The Outlook is Stable. QTS and Blackstone (the sponsors) are adding five newly constructed data centers to an existing master indenture structure (MIS), creating a diversified portfolio of 12 fully contracted and stabilized data centers totaling 493.5MW across Richmond, Virginia; Phoenix, Arizona; Dallas, Texas; Columbus, Ohio; and Manassas, V...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage pass-through certificates from ADMT 2026-NQM5, a $432.4 million non-prime RMBS transaction sponsored by Atlas A&D Opportunity Fund III LP, with the majority of the loans being originated by A&D Mortgage, LLC or one of its qualified correspondents. The underlying collateral, comprising 1,008 residential mortgages, is characterized by a significant concentration of loans underwritten using alternative in...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a senior unsecured debt rating of BBB with a Stable Outlook to Ripple Prime CIV US BD HoldCo LLC ("the company"), the intermediate holding company for its primary operating subsidiary, Hidden Road Partners CIV US LLC ("Ripple Prime US" or "the firm"). The firm is an SEC-registered broker-dealer, CFTC-registered futures commission merchant (FCM), a member of FINRA and SIPC, a clearing member of CME Group exchanges, and a member of the FICC Government Secur...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of BNY Trade Insurance, Ltd. (BNY Trade) (Hamilton, Bermuda) and The Hamilton Insurance Corp. (Hamilton) (Melville, NY). The outlook of these Credit Ratings (ratings) is stable. The ratings of BNY Trade reflect its balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, neutral business p...

LONDON--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of Orient Insurance PJSC (Orient) (United Arab Emirates) [UAE] and its subsidiaries, Orient Insurance Company - Egypt (Orient Egypt) (Egypt) and Orient Takaful PJSC (Orient Takaful) (UAE). The outlook of these Credit Ratings (ratings) is stable. These companies collectively are referred to as Orient or the group.The ratings reflect Orient’s bala...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Ratings of “a-” (Excellent) of Accelerant Insurance Europe SA (AIE) (Belgium), Accelerant Insurance UK Limited (AIUK) (United Kingdom), Accelerant Specialty Insurance Company (ASIC) (Little Rock, AR), Accelerant National Insurance Company (ANIC) (Little Rock, AR), Accelerant Insurance Company of Canada (AICC) (Canada), Accelerant Re (Cayman) Ltd. (ARKY) (Cayman Isl...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 102 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-9 (SEMT 2026-9), a $749.9 million prime RMBS transaction. The pool is comprised of 607 first-lien, fully amortizing fixed rate mortgages with mostly 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 779 and moderate borrower equity, with a WA original LTV and WA original CLTV of 72.8% each. KBR...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has upgraded the Long-Term Issuer Credit Ratings (Long-Term ICRs) to “bbb+” (Good) from “bbb” (Good) and affirmed the Financial Strength Rating (FSR) of B++ (Good) of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, which together make up the two pool members of Florida Family Group (Florida Family). The outlook of the Long-Term ICRs has been revised to stable from positive, while the outlook of the FSR is stable....

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has placed under review with positive implications the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of Service Lloyds Insurance Company, a Stock Company and Service American Indemnity Company, which operate under a pooling agreement. Both companies are headquartered in Austin, TX. and are collectively referred to as Service Insurance Group (Service or the group).The Credit Ratings (ratings) have bee...