News Results

  1. Macy?s, Inc. Announces Pricing of Senior Notes
    Business Wire | 05:25 PM EDT

    Macy?s, Inc. announced today that its wholly-owned subsidiary, Macy?s Retail Holdings, LLC, priced an offering of $500 million in aggregate principal amount of 7.375% senior notes due 2033 in a private offering at an offering price of 100% of the principal amount thereof.

  2. AM Best Assigns Credit Ratings to MTM Assurance Ltd.
    Business Wire | 04:00 PM EDT

    AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to MTM Assurance Ltd.. The outlook assigned to these Credit Ratings is stable. The ratings reflect MTM?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  3. AM Best Upgrades and Withdraws Credit Ratings of Union Insurance Company P.J.S.C.
    Business Wire | 11:19 AM EDT

    AM Best has upgraded the Financial Strength Rating to B++ from B+ and the Long-Term Issuer Credit Rating to ?bbb? from ?bbb-? of Union Insurance Company P.J.S.C.. The outlook of these Credit Ratings has been revised to stable from positive.

  4. BondCliQ Secures Lead Investment from FactSet
    Business Wire | 08:30 AM EDT

    BondCliQ and FactSet also announce corporate bond integration that will further enhance wealth and data insights available via FactSet BondCliQ Inc. announces today that FactSet Research Systems Inc. (FDS), a global financial digital platform and enterprise solutions provider, has made a lead investment in its current funding round.

  5. B. Riley Financial Reduces Debt by Approximately $18 Million via Private Bond Exchange
    PR Newswire | 08:00 AM EDT

    LOS ANGELES, July 14, 2025 ?B. Riley Financial (RILY), Inc., a diversified financial services company, today announced it has entered into a privately negotiated exchange agreement with an institutional investor, which will reduce the Company's total outstanding debt by approximately $18 million.

  6. Macy?s, Inc. Announces Proposed Offering of Senior Notes
    Business Wire | 07:54 AM EDT

    Macy?s, Inc. announced today that its wholly-owned subsidiary, Macy?s Retail Holdings, LLC, intends to offer, subject to market and other customary conditions, $500 million in aggregate principal amount of senior notes due 2033 in a private offering.

  7. Burford Capital Announces Successful Completion of $500 Million Debt Offering
    PR Newswire | 07:00 AM EDT

    NEW YORK, July 14, 2025 Burford Capital Limited (BUR), the leading global finance and asset management firm focused on law, announces the successful completion of its new issuance of $500 million of senior notes on Friday, July 11, 2025.

  8. WSFS Financial Corp.?s A- Senior Unsecured Debt Rating Affirmed with Stable Outlook by KBRA, Reflecting Strong Earnings, Liquidity, Capital and Diversified Fee Revenue
    Business Wire | 07/11/25 04:35 PM EDT

    Kroll Bond Rating Agency has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (WSFS). ?For the tenth consecutive year, WSFS has received a strong Investment Grade debt rating from KBRA.

  9. Eaton Vance Municipal Bond Fund Announces Tender Offer to Purchase up to 5% of Outstanding Shares
    Business Wire | 07/11/25 04:01 PM EDT

    Eaton Vance Municipal Bond Fund (EIM) previously announced that the Fund will conduct a tender offer for up to 5% of the Fund?s then-outstanding common shares if, during the four-month measurement period beginning March 10, 2025 through July 9, 2025, the Fund?s common shares trade at an average discount to net asset value of more than 7.5%. The Fund has determined that the conditions of the Trigger E...

  10. AM Best Affirms Credit Ratings of Athene Holding Ltd. and Its Subsidiaries
    Business Wire | 07/11/25 09:27 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the members of Athene Group. The ratings reflect Athene?s balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, favorable business profile and appropriate enterprise risk management.

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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