BMG053841059
Apollo Global Management Inc. and Platinum Equity are testing the strength of the junk bond market with one of the riskiest types of financings that will allow the private equity firms to fund payouts.
Moody's Investor Service downgrades the insurance financial strength ratings of Aspen Insurance U.K. Limited and Aspen Bermuda Limited to A3 from A2.At the same time, the senior unsecured debt rating of Aspen Insurance Holdings (NYSE:AHL) is cut to Baa2, the second-lowest investment-grade rating, from Baa1 and the preferred stock ratings are reduced to Ba (hyb) from Baa3.Outlook for the ratings are revised to stable from negative.The IFSR downgrade reflects Aspen's "diminished earnings power and difficulty in rebuilding balance sheet strength, both of which remain weaker than that of its peers and Moody's expectations," Moody's said in a statement.Aspen's actions to reduce its risk profile — including exiting some business lines and selling its profitable global surety business to Amynta Group — have supported its regulatory capital ratio and reduce potential volatility in profits, but also diminished its earnings power and ability to rebuild capital organically, according to Moody's.Apollo Global Management (NYSE:APO) acquired Aspen for ~$2.6B in February 2019..
Aspen Insurance Holdings Limited PFD SHS (NYSE:AHL.PD) declares $0.3516/share quarterly dividend, in line with previous.Forward yield 5.9%Payable July 1; for shareholders of record June 15; ex-div Jun
Aspen Insurance Holdings Limited PFD SHS 5.95 (NYSE:AHL.PC) declares $0.3719/share quarterly dividend, in line with previous.Forward yield 5.85%Payable July 1; for shareholders of record June 15; ex-d
On 3/12/20, AHL's 5.625% Perpetual Non-Cumulative Preference Shares (AHL. RD) will trade ex-dividend, for its quarterly dividend of $0.3516, payable on 4/1/20.
Aspen Insurance Holdings (NYSE:AHL) enters an adverse development cover reinsurance pact with a wholly owned subsidiary of Enstar Group (NASDAQ:ESGR).Under the agreement, Enstar's unit will reinsure
Aspen Insurance Holdings Limited PFD SHS (NYSE:AHL.PD) declares $0.3516/share quarterly dividend, in line with previous.Forward yield 5.41%Payable April 1; for shareholders of record March 15; ex-div
Aspen Insurance Holdings Limited PFD SHS 5.95 (NYSE:AHL.PC) declares $0.3719/share quarterly dividend, in line with previous.Forward yield 5.62%Payable April 1; for shareholders of record March 15; ex
In trading on Tuesday, shares of AHL's 5.625% Perpetual Non-Cumulative Preference Shares (AHL. RD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4064), with shares changing hands as low as $25.50 on the day.
Aspen Insurance Holdings Limited PFD SHS (NYSE:AHL.PD) declares $0.3516/share quarterly dividend, in line with previous.Forward yield 5.39%Payable Jan. 1; for shareholders of record Dec. 15; ex-div De
Aspen Insurance Holdings Limited PFD SHS 5.95 (NYSE:AHL.PC) declares $0.3719/share quarterly dividend, in line with previous.Forward yield 5.41%Payable Jan. 1; for shareholders of record Dec. 15; ex-d
Aspen Insurance Holdings (NYSE:AHL) will redeem $125M of 6.00% notes due 2020.Redemption date will be Sept. 30, 2019.Redemption price will be equal to the greater of: 100% of the principal amount of n
In trading on Thursday, shares of Aspen Insurance Holdin's 5.625% Perpetual Non-Cumulative Preference Shares (AHL. RD) were yielding above the 5.5% mark based on its quarterly dividend (annualized to $1.4064), with shares changing hands as low as $25.55 on the day.
On 6/13/19, Aspen Insurance Holdings Limited Ordinary Shares's 5.625% Perpetual Non-Cumulative Preference Shares (AHL. RD) will trade ex-dividend, for its quarterly dividend of $0.3516, payable on 7/1/19.
On 6/13/19, Aspen Insurance Holdings Limited Ordinary Shares's 5.95% Fixed-to-Floating Rate Perpetual Non-Cumulative Preference Shares (AHL. RC) will trade ex-dividend, for its quarterly dividend of $0.3719, payable on 7/1/19.