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NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 71 classes of mortgage-backed notes from GCAT 2025-INV5 Trust. The GCAT 2025-INV5 mortgage loans are secured by first liens on non-owner occupied (NOO) investor properties and second homes. The loans were primarily underwritten to agency guidelines. The pool comprises 913 first-lien, fixed rate residential mortgage loans as of the cut-off date. The pool is characterized by moderate borrower equity in each mortgaged property, as evid

OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has assigned a Long-Term Issue Credit Rating of “bbb” (Good) to the $102.5 million, 6% surplus notes, due June 2038, issued by Victor Insurance Exchange (Wilmington, DE). The outlook assigned to this Credit Rating (rating) is stable. As a start-up organization in 2023, the exchange utilized the surplus notes provided by its financial sponsor, Gallatin Point Capital, as its initial capitalization. Over the first five years of operation, capital is expected

MINNEAPOLIS--(BUSINESS WIRE)--Dorsey & Whitney LLP is pleased to announce that its Managing Partner Peter Nelson has received the 2025 TCB 100 award, which honors 100 people in and around Minnesota businesses who are poised to make news and drive change in the year ahead. “I am honored to receive this recognition and grateful to the editors of Twin Cities Business for their consideration,” said Peter Nelson, Dorsey’s Managing Partner. “I am chiefly indebted to the attorneys and business pro

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Dragon Fund, Inc. (NYSE: TDF) today announced a quarterly distribution from net investment income of $0.10 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a Managed Distribution Plan (the “Plan”), under which the Fund will make quarterly distributions to shareholders at a fixed rate of $0.10 per share. The Plan

FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--Templeton Emerging Markets Income Fund [NYSE: TEI] today announced a monthly distribution from net investment income of $0.0475 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). Additionally, the Fund announced a year-end special distribution from net investment income of $0.3050 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend

NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by OWN Equipment Fund III LLC (OWN or the Issuer), an equipment rental ABS transaction. The transaction represents EquipmentShare.com Inc’s (EQS, Company, Equipment Manager or Co-Sponsor) fourth equipment rental ABS transaction as Equipment Manager and third as Co-Sponsor. The other co-sponsor will be OWN Tactical Equipment III LLC (OWN Tactical or Managing Investor), a newly formed HoldCo managed by Mi

SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Limited Duration Income Trust [NYSE American: FTF] today announced a monthly distribution from net investment income of $0.0615 per share, payable on December 31, 2025, to shareholders of record on December 15, 2025 (Ex-Dividend Date: December 15, 2025). The Fund’s Board of Trustees (the “Board”) has authorized a managed distribution plan (the “Plan”) pursuant to which the Fund makes monthly distributions to shareholders at the fixed rate of $0.0615