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Seventh Holdings Completes Capital Raise to Invest in Residential Service Businesses
LONG ISLAND CITY, N.Y.--(BUSINESS WIRE)--Seventh Holdings LLC, a company focused on acquiring and operating residential service businesses, is proud to announce its formation following a successful capital raise. Founder Wyatt SaintClair, a driven operator, launched the firm to identify and invest in high-integrity local and regional businesses. Wyatt SaintClair brings a distinctive blend of strategic and operational experience to Seventh Holdings. SaintClair holds a materials engineering degre
AM Best Assigns Credit Ratings to Fidelity Security Assurance Company
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Financial Strength Rating of A- (Excellent) and a Long-Term Issuer Credit Rating of “a-” (Excellent) to Fidelity Security Assurance Company (Fidelity Assurance) (Kansas City, MO). The outlook assigned to these Credit Ratings (ratings) is stable. The ratings reflect Fidelity Assurance’s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile, appropriate enterpris
KBRA Assigns Preliminary Ratings to OBX 2025-NQM15 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from OBX 2025-NQM15 Trust, a $697.3 million non-prime RMBS transaction. The underlying collateral, comprising 1,213 residential mortgages, is characterized by fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 91.8% and 8.2% of the pool, respectively. A majority of the loans are either classified as non-qualified mortgages (Non-QM; 50.6%) or exempt (38.8%) from the A
Comvest Credit Partners Supports Refinancing of Juvare by Five Arrows
WEST PALM BEACH, Fla.--(BUSINESS WIRE)-- #comvest--Comvest Credit Partners, a leading provider of flexible direct financing solutions to middle-market companies, is pleased to announce that it is acting as Administrative Agent on a senior secured credit facility for Juvare (the “Company”), an Atlanta-based leading global provider of emergency preparedness and response technology. The transaction supported the refinancing of Juvare by Five Arrows, the alternative assets arm of Rothschild & Co, which ac
KBRA Assigns AA Rating and Stable Outlook to the Anaheim Housing and Public Improvements Authority's Series 2025-A and 2025-B Revenue/Revenue Refunding Bonds Issued on Behalf of City of Anaheim's Electric Utility System
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a AA long-term rating with a Stable Outlook to the Anaheim Housing and Public Improvements Authority's ("AHPIA") Revenue Bonds, Series 2025-A (Electric Utility Distribution System Improvements) and the Revenue Refunding Bonds, Series 2025-B (Electric Utility Distribution System Refunding), collectively the "Bonds". The Bonds are being issued by AHPIA on behalf of the City of Anaheim's (the "City") electric distribution system (the "Electric System") to pa
