Banks that have entered into billions of dollars of credit-linked notes transactions or gotten approval to do so recently include U.S. Bancorp in Minneapolis, Huntington Bancshares in Columbus, Ohio, ...
Credit Acceptance Corporation plans to offer $400 million in senior notes to refinance existing debt and cover related expenses. Credit Acceptance Corporation announced plans to offer $400 million in ...
AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a” (Excellent) on the $846 million (of which $450 million remained outstanding as of March 31, 2025), 6.00% Series Hannover, ...
NEW YORK, Dec 11 (Reuters) - Rising interest rates and the dissipation of popular credit trade is likely to increase the popularity of some structured credit products, which in many cases may be more ...
Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...
MADISON, Wis., June 6, 2025 /PRNewswire/ -- Accuray Incorporated (NASDAQ: ARAY) today announced that, after an extensive review over the last several months, including the evaluation of numerous ...
OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $700 million, 6.45% senior unsecured notes, due June 15, 2034, of CNO Financial Group, Inc. ...
Southfield, Michigan, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Credit Acceptance Corporation (Nasdaq: CACC) (referred to as the “Company”, “Credit Acceptance”, “we”, “our”, or “us”) announced today that it ...