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Tag: Credit ratings


Activity, Capital and Risk, Credit, Insurance

AM Best Upgrades Credit Ratings of Members of Concord Group Insurance Companies

December 14, 2020

Via: Insurance Journal

AM Best has upgraded the financial strength rating (FSR) to A+ (superior) from A (excellent) and the long-term issuer credit ratings (long-term ICR) to “aa-” from “a+” for the members of Concord Group Insurance Companies, which is led by Concord […]


Activity, Corporate Banking

BofA Agents $2.5B Revolver for Equity Residential

November 5, 2019

Via: ABF Journal

Equity Residential entered into a $2.5 billion multi-currency revolving credit facility, replacing its existing $2 billion credit agreement. The new facility matures on November 1, 2024, and can be extended or increased, subject to lender consent and customary conditions. The […]


Capital and Risk, Credit

Auto loans hit record high, sending borrowers with the best credit to the used market

June 6, 2019

Via: CNBC

People buying a new vehicle are borrowing more and paying more each month for their auto loan. Experian, which tracks millions of auto loans each month, said the average amount borrowed to buy a new vehicle hit a record $32,187 […]