News Results

  1. Klook Closes $100 Million Investment to Fuel Next Decade of Travel Experiences Growth
    Business Wire | 02/11/25 09:00 PM EST

    Investment Positions Klook to Lead the Next Decade of Tourism Growth and Innovation in Asia Pacific Klook, a leading platform for experiences and travel services in Asia, today announced US$100 million in funding led by the global growth investment firm Vitruvian Partners. This press release features multimedia.

  2. AM Best Assigns Issue Credit Rating to CSAA Insurance Exchange?s New Surplus Notes
    Business Wire | 02/11/25 02:14 PM EST

    AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the $500 million, 8.125% surplus notes, due February 2045, issued by CSAA Insurance Exchange. The surplus notes are intended to support the company?s capital in anticipation of further premium growth and provide an additional layer of protection for catastrophic events, as well as enhance CSAA?s financial flexibility.

  3. FHLBank Chicago Announces 2024 Financial Highlights
    Business Wire | 02/11/25 12:15 PM EST

    Net income of $620 million, with $168 million in contributions to support affordable housing and community investment The Federal Home Loan Bank of Chicago today announced its preliminary and unaudited financial results for 2024. FHLBank Chicago expects to report net income of $620 million for 2024 when it files the Form 10-K with the Securities and Exchange Commission next month.

  4. Best?s Special Report: U.S. Economy Starts 2025 on Solid Ground
    Business Wire | 02/11/25 08:53 AM EST

    The U.S. economy continues to outperform expectations and has entered 2025 on firm footing, according to a new AM Best report. According to the Best?s Special Report, ?U.S. Economy Starts 2025 on Solid Ground,? the country?s gross domestic product continues to grow based in part on healthy consumer spending, strong corporate profits, slowing inflation and a more accommodative monetary policy.

  5. FRN Variable Rate Fix
    Business Wire | 02/11/25 03:53 AM EST

    ?. Santander UK PLC. Issue of EUR 500,000,000.00. Floating Rate Covered Bonds due May 2027. Series 87 Tranche 1 MTN. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. EUR 3,344,916.67. POOL FACTOR.

  6. KBRA Assigns Preliminary Ratings to FREMF 2025-K759 and Freddie Mac Structured Pass-Through Certificate Series K-759
    Business Wire | 02/10/25 03:09 PM EST

    KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2025-K759 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-759. The underlying transaction is collateralized by 24 fixed-rate multifamily mortgage loans.

  7. ICE Expands Intraday Pricing and Analytics Offering for Canadian Fixed Income Markets with CanDeal DNA
    Business Wire | 02/10/25 09:00 AM EST

    Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced the launch of intraday price updates and bond analytics data for Canadian fixed income securities through an agreement with CanDeal DNA, a premier source for Canadian fixed income and OTC derivatives pricing and analytics data.

  8. BlackRock Bolsters Municipal Bond Suite with Launch of High Yield Muni ETF
    Business Wire | 02/10/25 08:30 AM EST

    Marks completion of the conversion of the BlackRock High Yield Municipal Fund into the iShares High Yield Muni Active ETF Today, BlackRock (BLK) announced the conversion of the BlackRock High Yield Municipal Fund into an active ETF, creating the iShares? High Yield Muni Active ETF.

  9. KBRA Assigns AA Rating with Stable Outlook to State of Louisiana General Obligation Refunding Bonds, Series 2025-A; Affirms Rating for Parity Bonds
    Business Wire | 02/07/25 05:24 PM EST

    KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Refunding Bonds, Series 2025-A and affirms the long-term rating of AA for the State's outstanding General Obligation Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.

  10. KBRA Assigns Miami-Dade County Aviation Revenue Bonds AA-, Outlook Revised to Positive
    Business Wire | 02/07/25 04:06 PM EST

    KBRA assigns a long-term rating of AA-, with a Positive Outlook to the Miami-Dade County Aviation Revenue Bonds, Series 2025A, Series 2025B and Series 2025C. The Positive Outlook reflects Miami International Airport?s improving financial profile, underpinned by continuing, very strong growth in domestic and international passenger traffic.

In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.

Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.

Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.

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