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10.11.2015 23:12:00
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NMI Holdings, Inc -- Moody's assigns Ba2 financial strength to National Mortgage Insurance Corp; B2 to senior secured loan
New York, November 10, 2015 -- Moody's has assigned a Ba2 insurance financial strength rating to National Mortgage Insurance Corporation ("NMIC") and B2 rating to the $150 million senior secured term loan of the parent, NMI Holdings, Inc. ("NMIH"). The ratings carry a stable outlook. The annual interest rate on the loan is LIBOR + 750 basis points.
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