News Results

  1. Fairfax Announces Pricing of Senior Notes Offering and Re-Opening of 6.000% Senior Notes Due 2033
    GlobeNewswire | 07:02 PM EDT

    Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$600,000,000 of senior notes due 2055 at an issue price of 99.585% and a private offering of an additional US$150,000,000 of its 6.000% senior notes due December 7, 2033 at an issue price of 102.697%, plus accrued interest.

  2. AM Best Downgrades Credit Ratings of Sun Re Ltd; Places Credit Ratings Under Review With Negative Implications; Withdraws Credit Ratings
    Business Wire | 06:46 PM EDT

    AM Best has downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb-? of Sun Re Ltd. At the same time, AM Best has placed these Credit Ratings under review with negative implications.

  3. Diana Shipping Inc. Announces Pricing of US$150 Million Senior Unsecured Bond Offering
    GlobeNewswire | 06:17 PM EDT

    Diana Shipping Inc. (DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the pricing of a US$150 million private placement of senior unsecured bonds maturing in July 2029 and callable beginning three years after issuance.

  4. Fed Members Cool On Raising Interest Rates: 'These Conditions Could Take Months, And More Likely Quarters To Play Out'
    Benzinga | 06:10 PM EDT

    Members of the Federal Reserve have indicated that they are in no rush to raise interest rates in speeches given on Tuesday.

  5. BRIEF-Diana Shipping Inc. Announces Pricing Of Us$150 Million Senior Unsecured Bond Offering
    Reuters | 06:04 PM EDT

    Diana Shipping Inc (DSX): * Diana Shipping Inc (DSX). ANNOUNCES PRICING OF US$150 MILLION SENIOR UNSECURED BOND OFFERING Source text for Eikon: Further company coverage:

  6. JBT Corporation Schedules a Joint Conference Call to Discuss the Voluntary Takeover Offer to Acquire All Outstanding Marel hf. Shares
    Business Wire | 05:35 PM EDT

    JBT Corporation, a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that it expects the Icelandic Financial Supervisory Authority of the Central Bank of Iceland to imminently approve the offer document and prospectus related to JBT?s voluntary takeover offer to acquire all issued and outstanding shares of Marel hf..

  7. Form 424B2 ROYAL BANK OF CANADA
    EDGAR SEC Filings | 05:16 PM EDT

    http://archive.fast-edgar.com/20240618/A82ZA22CZW228JH2222I2Z42MLDLZC223M62 Filed on: June 18, 2024.

  8. BRIEF-W. P. Carey Inc. Announces Pricing Of $400 Million Of Senior Unsecured Notes
    Reuters | 05:00 PM EDT

    WP Carey Inc (WPC): * W. P. CAREY INC. ANNOUNCES PRICING OF $400 MILLION OF SENIOR UNSECURED NOTES. * WP Carey Inc (WPC): PRICED AN UNDERWRITTEN PUBLIC OFFERING OF $400 MILLION AGGREGATE PRINCIPAL AMOUNT OF 5.375% SENIOR NOTES DUE 2034 Source text for Eikon: Further company coverage:

  9. AM Best Revises Issuer Credit Rating Outlook to Positive for The Hartford Financial Services Group, Inc. and Its Subsidiaries
    Business Wire | 04:59 PM EDT

    AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Ratings and affirmed the Long-Term ICR of ?a-? and the Long-Term Issue Credit Ratings of The Hartford Financial Services Group, Inc. (HIG) [NYSE: HIG], which is the ultimate parent of the companies hereinafter mentioned.

  10. DOT needs help from Congress for TOD funding
    SourceMedia Bond Buyer | 04:51 PM EDT

    Undersubscribed funding opportunities are blocked by regulation.

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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