The acquisition will see Hildene purchase all outstanding common equity of SILAC for approximately $550m in cash.

AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry. Headquartered in the United States, the company does business in over 100 ...

Hildene Capital Management, LLC (together with its affiliates, "Hildene"), an $18+ billion credit-focused alternative asset ...

Hildene Capital Management, LLC, a credit-focused alternative asset manager, has signed a definitive agreement to acquire ...

AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company ...

NEW YORK--(BUSINESS WIRE)--KBRA assigns BBB insurance financial strength ratings to SILAC Insurance Company ("SILAC") and Sterling Investors Life Insurance Company ("SILIC"). The Outlook for both ...

Evercore, Inc. and Kramer Levin Naftalis & Frankel LLP provided financial and legal advisory services, respectively, to Hildene Goldman Sachs and Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C.

The need for retirement savings is crucial as people live longer, but stock prices can vary during volatile markets and changing interest rates can impact fixed-income securities. Annuities offer an ...

SALT LAKE CITY, Utah--(BUSINESS WIRE)--Equitable Life & Casualty Insurance Company, a leading provider of fixed and fixed indexed annuities, announced today that it will be changing its corporate name ...

AM Best has revised the outlook to stable from negative for the Long-Term Issuer Credit Rating (Long-Term ICR) and affirmed the Financial Strength Rating (FSR) of B (Fair) and the Long-Term ICR of ...

SILAC Insurance filed an interpleader action on Oct. 21 in Alabama Middle District Court. The complaint, brought by Bradley Arant Boult Cummings, names the estate of Kimala Lynn Blake and other ...

Further information on key credit considerations, sensitivity analyses that consider what factors can affect these credit ratings and how they could lead to an upgrade or a downgrade, and ESG factors ...