Bond & Stock Rating News

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Jet Insurance Company (Jet) (Dallas, TX). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Jet’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management. The ratings further reflect...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has released newly updated tables of net capital charges associated with a representative sample of transactions from Fannie Mae and Freddie Mac’s credit risk transfer (CRT) programs—Freddie Mac’s Agency Credit Insurance Structure (ACIS) and Fannie Mae’s Credit Insurance Risk Transfer (CIRT). These tables also highlight some of the key components of the factor-based method used to calculate net capital charges in the Best’s Capital Adequacy Ratio (BCAR) m...

NEW YORK--(BUSINESS WIRE)--KBRA publishes issuer ratings of BBB and senior secured debt ratings of A- for Hildene Holding Company, LLC and Hildene Capital Management, LLC (“Hildene”, “HCM”, or “the firm”). The Outlook for the ratings is Stable. On June 9, 2026, these ratings were assigned on an unpublished basis. The ratings are supported by Hildene’s growing scale and platform diversification across multiple segments of structured credit, asset-based finance, and insurance, underpinned by mana...

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 At-Bay Specialty Insurance Company (ABSIC) (Atlanta, GA) following the announced acquisition of its parent company, At-Bay, Inc. by Munich Re America Corporation.The Credit Ratings (ratings) have been placed under review with positive implications following the announcement that Munich Re America C...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 13 classes of mortgage-backed notes from OBX 2026-NQM13 Trust, a $1.0 billion non-prime RMBS transaction. The underlying collateral, comprising 1,623 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 94.6% and 5.4% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 40.1%) or exempt (45.1%) from the Ability-to-Repay/Q...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of OneNexus Oklahoma Captive Corp. (OneNexus) (Oklahoma City, OK). The outlook of these Credit Ratings (ratings) is stable.The ratings reflect OneNexus’ balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM).One...

NEW YORK--(BUSINESS WIRE)--KBRA releases its quarterly report highlighting our Chief Strategist Van Hesser’s view on key economic indicators, as well as what he identifies as the most influential factors driving credit markets in the upcoming quarter. The report also examines credit market valuations in the context of current and future market conditions. Key factors driving credit market conditions in Q3 include resilient U.S. economic growth and strong, if not extraordinary, corporate earning...

SÃO PAULO--(BUSINESS WIRE)--Agibank, a bank operating a hybrid platform that combines the efficiency and scalability of digital channels with the proximity and personalized service of a physical presence, has had its credit rating upgraded by S&P Global Ratings from ‘brAA-’ to ‘brAA’, with stable outlook. With this new classification, the institution now holds an ‘AA’ level rating from all three major agencies that assess its credit risk: S&P, Fitch Ratings, and Moody’s Local. Agibank i...

NEW YORK--(BUSINESS WIRE)--KBRA assigns ratings of ‘BBB- (sf)’ to the Series 2026-GT1, Class A Term Notes from FMC GMSR ISSUER TRUST, Freedom Mortgage Corporation’s (FMC) master trust issuer of notes backed by a participation certificate evidencing a participation interest in mortgage servicing rights (MSR) on loans underlying Ginnie Mae guaranteed mortgage backed securities. KBRA’s rating on the Series 2026-GT1 Term Notes is primarily driven by the credit rating of Freedom Mortgage Corporation...

NEW YORK--(BUSINESS WIRE)--KBRA assigns a long-term rating of A+ to the City of Chicago, Illinois (the City), Chicago O'Hare International Airport (O'Hare or the Airport) Senior Lien Revenue and Revenue Refunding Bonds Series 2026B (AMT), Senior Lien Revenue Refunding Bonds Series 2026C (Non-AMT), and Senior Lien Revenue Refunding Bonds Series 2026D (Non-AMT). Concurrently KBRA affirms the long-term A+ rating on the City's approximately $11.4 billion of outstanding Senior Lien Airport Revenue B...