News Results

  1. Brink's Closes $400 Million 5-Year and $400 Million 8-Year Senior Notes Offering
    GlobeNewswire | 04:15 PM EDT

    The Brink?s Company today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. Kurt McMaken, executive vice president and CFO, said: ?We are pleased with the results of our refinancing.

  2. Roadzen Onboards New Commercial Auto Insurance Partner in India, Projected to Deliver Over $10 Million in Annual Revenue
    GlobeNewswire | 10:51 AM EDT

    Roadzen Inc. (RDZN), a global leader in AI at the convergence of insurance and mobility, today announced a significant partnership with a leading commercial auto-focused agency network in India. According to the World Bank, India?s economy is the fastest-growing large economy in the world, with the Reserve Bank of India projecting GDP growth rate of around 8% in 2024.

  3. Freddie Mac Will Delist NYSE-Traded Security
    GlobeNewswire | 06/11/24 01:00 PM EDT

    Freddie Mac today announced it will voluntarily delist its last remaining security trading on the New York Stock Exchange. Freddie Mac will take all necessary steps to delist the bond, including filing a Form 25 with the Securities and Exchange Commission and the NYSE after the ten-day notice period has elapsed. Freddie Mac?s mission is to make home possible for families across the nation.

  4. Freddie Mac Single-Family Green Mortgage-Backed Securities Approached $1.9 Billion in 2023
    GlobeNewswire | 06/11/24 10:17 AM EDT

    Freddie Mac today released its 2023 Green MBS Impact Report showing the company issued $1.85 billion of Single-Family Green Mortgage-Backed Securities for the year. ?Freddie Mac?s 2023 Green MBS issuance increased by more than 35 percent over 2022, even as overall MBS market volume declined.

  5. ArcelorMittal Announces Pricing of Bond Issue
    GlobeNewswire | 06/11/24 02:00 AM EDT

    11 June 2024, 08:00 CET ArcelorMittal (MT) priced yesterday an offering of US$500 million aggregate principal amount of 6.00% notes due 17 June 2034 and US$500 million aggregate principal amount of 6.35% notes due 17 June 2054. The net proceeds to ArcelorMittal (MT), amounting to approximately $989,290,000, will be used for general corporate purposes.

  6. Mortgage Rates Pull Back
    GlobeNewswire | 06/06/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.99 percent. ?Mortgage rates retreated this week given incoming data showing slower growth,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Qubit Pharmaceuticals selected as one of the 100 Technology Pioneers 2024 by the World Economic Forum
    GlobeNewswire | 06/06/24 03:00 AM EDT

    Image: https://ml-eu.globenewswire.com/Resource/Download/290949b1-1e8f-4a80-be13-d72374e58f5c/logo-qubit-nouveau.png. Press release Qubit Pharmaceuticals selected as one of the 100 Technology Pioneers 2024 by the World Economic Forum Paris, June 6, 2024 - Qubit Pharmaceuticals, a deeptech company specialised in discovering novel drug candidates through simulation and molecular modeling powered...

  8. Brink's Prices $400 Million 5-Year and $400 Million 8-Year Senior Notes Offering
    GlobeNewswire | 06/05/24 03:51 PM EDT

    The Brink?s Company today announced the pricing of its offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively.

  9. NewtekOne, Inc. Completes Offering of $71.875 Million of 8.50% Fixed Rate Senior Notes Due 2029
    GlobeNewswire | 06/05/24 11:55 AM EDT

    NewtekOne (NEWT), Inc.?, announced that it completed a registered public offering of $71.875 million aggregate principal amount of its 8.50% Fixed Rate Senior Notes due 2029, including the underwriters full exercise of their option to purchase additional Notes. The Notes are listed on the Nasdaq Global Market? under the trading symbol ?NEWTG.

  10. Statement from Bart Demosky, Executive Vice President and CFO, Bombardier, on S&P?s Global Ratings Upgrade from B to B+
    GlobeNewswire | 06/05/24 07:00 AM EDT

    Bombardier is proud to share that S&P Global Ratings has upgraded the company?s credit rating from B to B+, while maintaining a stable outlook. S&P?s latest upgrade comes on the heels of Moody?s recent upgrade of Bombardier?s credit rating to B1 with a stable outlook.

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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