Hyatt Hotels Corporation (H), a leading global hospitality company, announced today the pricing of its public offering of $500,000,000 aggregate principal amount of senior notes due 2028, which will bear interest at a fixed annual rate of 5.050% and $500,000,000 aggregate principal amount of senior notes due 2032, which will bear interest at a fixed annual rate of 5.750%. The offering is expected t...
Alcoa Corporation (AA) announced today that Alumina Pty Ltd, a wholly-owned subsidiary of Alcoa (AA), closed its offering of $500,000,000 aggregate principal amount of 6.125% senior notes due 2030 and $500,000,000 aggregate principal amount of 6.375% senior notes due 2032.
KBRA assigns a long-term rating of AAA with a Stable Outlook to the Dormitory Authority of the State of New York State Personal Income Tax Revenue Bonds Series 2025A and State Personal Income Tax Revenue Bonds Series 2025B. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade.
Alcoa Corporation (AA) announces the expiration and expiration date results of its previously announced offer to purchase for cash any and all outstanding 5.500% senior unsecured notes due 2027 issued by Alcoa Nederland Holding B.V., fully guaranteed on an unsecured basis by Alcoa (AA) and certain of its subsidiaries, and the early results of its previously announced offer to purchase for cash outstandi...
Closing Date Set for April 1, 2025; Sterling Bancorp, Inc. (SBT) to Delist From Nasdaq Upon Completion of Sale Sterling Bancorp, Inc. (SBT), the holding company of Sterling Bank and Trust, F.S.B., today announced the receipt of regulatory approval from the Board of Governors of the Federal Reserve System of the Company?s sale of all of the issued and outstanding shares of capital stock of the Bank to Ever...
RiverNorth Capital Management, LLC, an investment manager and closed-end fund expert specializing in opportunistic strategies, announced that the RiverNorth/Oaktree High Income Fund won the 2025 LSEG Lipper Fund Award for Best General Bond Fund for the five-year period ended November 30, 2024.
AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of National Security Fire and Casualty Company.
Baird Municipal Bond, Baird Strategic Municipal Bond Recognized. Baird Advisors? commitment to delivering consistent competitive returns for clients has again been recognized by LSEG Lipper. Both Funds are co-managed by Lyle Fitterer, CFA, Duane McAllister, CFA, Erik Schleicher, CFA, Joe Czechowicz, CFA and Gabe Diederich, CFA.
Alcoa Corporation (AA) announces the consideration to purchase for cash any and all of the outstanding 5.500% senior unsecured notes due 2027 issued by Alcoa Nederland Holding B.V., a wholly-owned subsidiary of Alcoa (AA), fully guaranteed by Alcoa.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Energas Insurance Limited. The ratings reflect ENERGAS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
BMAX is a New ETF Offering Investors First-of-Its-Kind Access to Convertible Bonds Utilized for Companies Adding Bitcoin to Balance Sheet REX Shares, a leader in exchange-traded products, announces the launch of the REX Bitcoin Corporate Treasury Convertible Bond ETF, a first-of-its-kind fund that provides exposure to convertible bonds issued by companies actively incorporating Bitcoin into the...
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of the life insurance subsidiaries of Western & Southern Financial Group, Inc.. The WSFG subsidiaries included in this rating unit are The Western and Southern Life Insurance Company, Western-Southern Life Assurance Company, Columbus Life Insurance Company, Integrity Life Insurance Company, ...
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of Berkshire Hathaway Homestate Insurance Company and its five property/casualty affiliates.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Mutual of Omaha Insurance Company and its subsidiaries, United of Omaha Life Insurance Company, Companion Life Insurance Company and United World Life Insurance Company.
AM Best has assigned a Long-Term Issue Credit Rating of ?a-? to the $750 million, 5.2% senior unsecured medium-term notes, due 2035, issued by Prudential Financial, Inc. (PRU) [NYSE: PRU]. The outlook assigned to this Credit Rating is stable.
A10 Networks, Inc. (ATEN) today announced the pricing on March 12, 2025 of its offering of $200,000,000 aggregate principal amount of 2.75% convertible senior notes due 2030 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act.
60-Unit Community Will Provide Secure Housing and Services for Vulnerable Groups. A $1.98 million Affordable Housing Program grant from the Federal Home Loan Bank of Dallas, through member Texas Capital Bank will help fund a 60-unit supportive housing community for the housing-fragile population in Austin, Texas. This press release features multimedia.
KBRA assigns a long-term rating of AA to the Alaska Municipal Bond Bank Authority General Obligation and Refunding Bonds 2025 Series One and 2025 Series Two.
AM Best has affirmed the Long-Term Issuer Credit Ratings of ?a? and the Long- and Short-Term Issuer Credit Ratings of UnitedHealth Group Incorporated (UNH) [NYSE: UNH]. Concurrently, AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term ICRs of ?aa-? of the health and dental insurance subsidiaries of UnitedHealth Group (UNH), collectively referred to as UnitedHealthcare.
A10 Networks, Inc. (ATEN) today announced its intention to offer, subject to market conditions and other factors, $200,000,000 aggregate principal amount of convertible senior notes due 2030 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under th...
Regulatory News: Legrand today completed a fixed-rate bond issue for an amount of ?500 million with a 10-year maturity and an annual coupon of 3.625%. This operation raises the average maturity of bond debt to 5.7 years, with the next repayment date set for March 6, 2026 for an amount of ?400 million.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Fidelity & Guaranty Life Insurance Company and Fidelity & Guaranty Life Insurance Company of New York.
Federal Home Loan Bank of San Francisco Matches with an Additional $30,000, Strengthening Local Housing Initiatives. First Foundation Bank has awarded Neighborhood Housing Services of the Inland Empire a $10,000 grant to support its Black Homeownership Program.
Booz Allen Hamilton Holding Corporation (BAH) announced that its wholly-owned subsidiary, Booz Allen Hamilton Inc., has priced $650 million aggregate principal amount of its 5.950% Senior Notes due 2035. The Issuer intends to use the net proceeds of this offering for general corporate purposes and to repay short-term borrowings outstanding under the Revolving Credit Facility.
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2030 and 2035 in aggregate principal amounts of $650.0 million and $350.0 million, respectively. The net proceeds of the offering are expected to be approximately $988.9 million, after deducting underwriting discounts and estimated offering expenses.
AM Best has affirmed the Financial Strength Rating of A++, the Long-Term Issuer Credit Rating of ?aa+? and the Mexico National Scale Rating of ?aaa.MX? of Seguros Monterrey New York Life, S.A. de C.V.. The outlook of these Credit Ratings is stable.
KBRA assigns a long-term rating of AA- to the City of Austin, TX Airport System Revenue Refunding Bonds, Series 2025. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
Exchange Settlement Date Scheduled for March 12, 2025 Office Properties Income Trust (OPI) today announced the final results for the previously announced private exchange offers to exchange its outstanding senior unsecured notes due 2026, 2027 and 2031 for new 8.000% Senior Priority Guaranteed Unsecured Notes due 2030 and related guarantees pursuant to the terms and conditions set forth in an Offerin...
?. NewHospitals Finance PLC. GBP178,300,000 1.7774 per cent Index Linked. Guaranteed Secured Bonds due 2047. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 50,000.00 IS GBP 679.32. POOL FACTOR.
Funds Will Be Used to Educate Low-Income Homebuyers. Representatives from the Federal Home Loan Bank of Dallas, Cadence Bank (CADE) and Citizens National Bank awarded $9,000 in Partnership Grant Program funds to Housing Economic Resources & Education in a ceremonial check presentation today in Hattiesburg, Mississippi. This press release features multimedia.
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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