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Fidus

About Fidus

Fidus is an accounting company based out of Germany.

Headquarters Location

Germany

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Latest Fidus News

KBRA Publishes Long-Term Credit Rating of AA with a Stable Outlook for Fidus Re Ltd.'s Series 2022-1 Clas

Nov 9, 2022

Ltd.'s Series 2022-1 Clas Benzinga By Business Wire KBRA publishes the long-term credit rating of AA assigned to Fidus Re Ltd.'s Series 2022-1 Class A Principal-at-Risk Variable Rate Notes due January 11, 2035. The Outlook for the rating is Stable. On October 14, 2022, KBRA initially assigned an unpublished AA long-term credit rating with a Stable Outlook. Build America Mutual Assurance Company (BAM or the Ceding Insurer), a mutual financial guaranty company, sponsored the issuance of variable rate notes (collectively, the Notes) through an off-shore (Bermuda) bankruptcy remote special purpose insurer, Fidus Re Ltd. (Fidus or the Issuer). This is the third issuance of notes by Fidus (the Series 2018-1 notes (Fidus I) and the Series 2021-1 notes (Fidus II) are both rated AA/Stable). The transaction structure is materially unchanged from the prior two issuances. AD

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