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. 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:

  5. 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:

  6. 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.

  7. W. P. Carey Inc. Announces Pricing of $400 Million of Senior Unsecured Notes
    PR Newswire | 04:05 PM EDT

    NEW YORK, June 18, 2024 ?W. P. Carey Inc. announced today that it has priced an underwritten public offering of $400 million aggregate principal amount of 5.375% Senior Notes due 2034. Interest on the Notes will be paid semi-annually on June 30 and December 30 of each year, beginning on December 30, 2024.

  8. LatAm allocation a 'must' for portfolios, UBS EM Americas CIO says
    Reuters | 01:45 PM EDT

    - A spate of political reforms and economic cycles has elevated Argentinian dollar-denominated sovereign bonds and Latin American corporate bonds to rank among key "areas of interest," the chief investment officer of emerging markets Americas at UBS Global Wealth Management said. "It is a mistake to overlook LatAm," Alejo Czerwonko told the Reuters Global Markets Forum on Monday.

  9. LatAm allocation a 'must' for portfolios, UBS EM Americas CIO says
    Reuters | 01:40 PM EDT

    A spate of political reforms and economic cycles has elevated Argentinian dollar-denominated sovereign bonds and Latin American corporate bonds to rank among key "areas of interest," the chief investment officer of emerging markets Americas at UBS Global Wealth Management said. "It is a mistake to overlook LatAm," Alejo Czerwonko told the Reuters Global Markets Forum on Monday.

  10. Gaming Innovation Group successfully issues subsequent senior secured bonds of EUR 15 million
    PR Newswire | 01:27 PM EDT

    Reference is made to the announcement from Gaming Innovation Group Inc. (GIGI) on 17 June 2024 ST. JULIAN'S, Malta, June 18, 2024 /PRNewswire/ -- Gaming Innovation Group Plc., a wholly owned subsidiary of GiG has successfully completed a EUR 15 million subsequent senior secured bond issue under its existing EUR-tranche bond loan with ISIN NO0013024018.

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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