KBRA downgrades UIHC debt to BB+ from BBB-; UPC IFSR cut to B+

AMERICAN COASTAL INSURANCE Corp

UIHC issuer/debt rating cut to BB+ from BBB-; UPC IFSR downgraded to B+ from BB-.
KBRA withdrew UPC's IFSR at company's request; American Coastal and Interboro affirmed A-.
All ratings removed from Watch Downgrade; Negative Outlook assigned.
$150M senior notes coupon steps to 7.25% from 6.25% due to rating trigger.
No other material impacts from downgrade as of Dec 9, 2022.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.