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Tag: #Notes

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AM Best assigns indicative Issue Credit Rating to Pacific LifeCorp’s senior unsecured notes

September 11, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has assigned an indicative Long-Term Issue Credit Rating of “a” to the forthcoming new senior unsecured notes to be issued by Pacific LifeCorp (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. The existing ratings

Business

AM Best affirms credit rating of reopened W. R. Berkley Corporation’s senior unsecured notes

September 03, 2020

OLDWICK, N.J.–(BUSINESS WIRE)–AM Best has affirmed the Long-Term Issue Credit Rating (Long-Term IR) of “a-” on the $470 million 4% senior unsecured notes, due May 2050, issued by W. R. Berkley Corporation (WRB) (Greenwich, CT) [NYSE:WRB]. The company has announced it will

Business

Cross River announces completion of $106 million subordinated debt offering

August 21, 2020

Additional Proceeds From Private Placement Transaction Will Provide The Company With Opportunistic Capital FORT LEE, N.J.–(BUSINESS WIRE)–CRB Group, Inc., the parent company of Cross River Bank, today announced the closing of its $106 million private placement of subordinated notes (the “Notes”). “We

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