Meta Platforms Inc (META): * Meta Platforms Inc (META) - ON AUGUST 9, ENTERED INTO AN INDENTURE AND A SUPPLEMENTAL INDENTURE WITH U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE. * Meta Platforms Inc (META) - PURSUANT TO INDENTURE COMPANY ISSUED $2.75 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR UNSECURED NOTES DUE 2027.
AM Best has upgraded the Long-Term Issuer Credit Ratings to ?bbb+? from ?bbb? and affirmed the Financial Strength Rating of B++ of Atlantic Coast Life Insurance Company and Sentinel Security Life Insurance Company.
- Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.
Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.
Post Holdings, Inc. (POST) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400.0 million in aggregate principal amount of convertible senior notes maturing in 2027.
Ecuador's capacity to meet its external debt obligations has not been affected by a Luxembourg court's decision to freeze the country's assets amid a dispute with oil company Perenco, the economy ministry said on Tuesday. Ecuador has "promptly complied" with interest and amortization payments on bonds for $185.7 million, which were due on July 31, the ministry said in a statement.
Liberty Media Corporation (LSXMA) announced today that it intends to offer $375 million aggregate principal amount of convertible senior notes in a private offering. The Notes will be convertible into cash, shares of Liberty?s Series C Liberty Formula One common stock or a combination thereof, at Liberty?s election.
Alliant Energy Corp (LNT): * WISCONSIN POWER AND LIGHT COMPANY PRICES PUBLIC OFFERING OF GREEN BONDS. * WISCONSIN POWER AND LIGHT COMPANY- PRICING OF PUBLIC OFFERING OF $600 MILLION 3.950% DEBENTURES. * WISCONSIN POWER AND LIGHT COMPANY - DEBENTURES WILL BE DUE ON SEPTEMBER 1, 2032 Source text for Eikon: Further company coverage:
MIAMI, Aug. 8, 2022 Royal Caribbean Group today announced that it closed its offering of $1.15 billion aggregate principal amount of 6.00% Convertible Senior Notes due 2025, including $150 million aggregate principal amount of the Convertible Notes issued pursuant to the exercise in full of the initial purchasers' option to buy additional Convertible Notes.
Wisconsin Power and Light Company, a wholly owned subsidiary of Alliant Energy Corporation (LNT), announced the pricing of its public offering of $600 million aggregate principal amount of 3.950% debentures.
FINDLAY, Ohio, Aug. 8, 2022 MPLX LP (MPLX) announced today that it has priced $1,000,000,000 in aggregate principal amount of 4.950% senior notes due 2032 in an underwritten public offering.
Infinera (INFN) announced today the closing of its previously announced offering of 3.75% convertible senior notes due 2028 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
BATON ROUGE, La., Aug. 8, 2022 Retailers Casualty Insurance Company? announced today that AM Best has reaffirmed its Financial Strength Rating of A-. The company has received an A- Financial Strength Rating from AM Best since 2006. "I am pleased that Retailers Casualty continues to produce strong financial results," states Frank Brame, chairman of the board of directors.
?. Santander UK PLC. Issue of GBP 1,000,000,000.00. Floating Rate Covered Bond due 12 November 2024. Series 73 Tranche 1. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 4,241,073.97. POOL FACTOR.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Golden Tree Reinsurance Limited. Golden Tree is a subsidiary of Iris Financial Services Limited and is owned ultimately by Springbrook Capital Ltd., a privately held holding company with diversified operations in insurance and financial services.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Dunav-Re a.d.o.. The ratings reflect Dunav-Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb? to Spheric Assurance Company, Ltd. The outlook assigned to these Credit Ratings is stable. The ratings reflect Spheric?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating of ?a? from ?a-? of Singapore Reinsurance Corporation Limited. The ratings reflect Singapore Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Fitch Ratings: * FITCH RATINGS SAYS EMEA LODGING TO BE BETTER THAN FORECAST IN 2022 BUT WORSE IN 2023. * FITCH ON EMEA LODGING SAYS ADJUSTMENT TO UNSUSTAINABLY HIGH PRICES TOGETHER WITH INFLATION PRESSURE ARE LIKELY TO DELAY MARGIN RECOVERY IN 2023.
Synovus Financial Corp (SNV): * SYNOVUS ANNOUNCES PRICING OF $350 MILLION SENIOR NOTES OFFERING. * Synovus Financial Corp (SNV) - PRICING OF UNDERWRITTEN PUBLIC OFFERING OF $350 MILLION OF SENIOR NOTES DUE 2025. * Synovus Financial Corp (SNV) - NOTES WILL BEAR INTEREST AT A RATE OF 5.200% AND WILL BE ISSUED AT A PRICE EQUAL TO 99.890% OF THEIR PRINCIPAL AMOUNT Source text for Eikon: Further company coverage:
Synovus Financial Corp. (SNV) today announced the pricing of its previously-announced underwritten public offering of $350 million of senior notes due 2025.
TORONTO, Aug. 4, 2022 Following the previous announcement of the launch of a senior notes offering, Waste Connections, Inc. (WCN) announced today that it has priced an underwritten public offering of $750 million aggregate principal amount of its 4.200% Senior Notes due 2033 at a price to the public of 99.728% of their face value.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of International Traders Insurance Co., Ltd.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of the property/casualty subsidiaries of CNA Financial Corporation [NYSE: CNA], collectively known as CNA Insurance Companies.
Facebook-parent Meta Platforms Inc (META) is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with maturities ranging from five years to 40 years, received over $30 billion of orders from investors, the sources said.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Eurasia Insurance Company JSC. The ratings reflect Eurasia?s balance sheet strength, which AM Best assesses as strong, as well as the company?s strong operating performance, neutral business profile and appropriate enterprise risk management.
Synovus Financial Corp (SNV): * SYNOVUS ANNOUNCES SENIOR NOTES OFFERING. * Synovus Financial Corp (SNV) - ANNOUNCED AN UNDERWRITTEN PUBLIC OFFERING OF SENIOR NOTES DUE 2025 Source text for Eikon: Further company coverage:
Synovus Financial Corp. (SNV) today announced an underwritten public offering of senior notes due 2025. Morgan Stanley & Co. LLC and Goldman Sachs & Co. LLC will serve as the joint book-running managers for the offering. Synovus is conducting the offering pursuant to an effective registration statement under the Securities Act of 1933, as amended.
Meta Platforms Inc (META): * Meta Platforms Inc (META) - ON AUGUST 4, 2022, META PLATFORMS, INC. COMMENCED AN OFFERING OF SENIOR UNSECURED NOTES. * Meta Platforms Inc (META) - META INTENDS TO USE THE NET PROCEEDS FROM THE OFFERING FOR GENERAL CORPORATE PURPOSES Further company coverage:
TORONTO, Aug. 4, 2022 Waste Connections, Inc. (WCN) announced today that it plans to proceed, subject to market and other conditions, to offer senior notes in an underwritten public offering.
-Facebook-parent Meta Platforms Inc (META) is set to raise $10 billion in its first-ever bond offering on Thursday, as it looks to fund share buybacks and investments to revamp its business, according to two sources close to the deal. The offering, which included bonds with maturities ranging from five years to 40 years, received over $30 billion of orders from investors, the sources said.
Facebook-parent Meta Platforms (META) said on Thursday it would make its first-ever bond offering, at a time when the social media company is making massive investments to fund its metaverse projects. Meta did not disclose the size of the offering, but said it would use the proceeds for capital expenditures, share repurchases, acquisitions or investments.
All amounts in this press release are in U.S. dollars unless otherwise indicated. MONTR?AL, Aug. 04, 2022 -- Bombardier announced today strong financial results for the second quarter of 2022, marked by continued steady demand for new aircraft, strong aftermarket performance, robust free cash flow generation, and one of the industry?s highest backlogs.
Williams announced today that it has priced a public offering of $1.00 billion of its 4.650% Senior Notes due 2032 at a price of 99.635 percent of par and $750 million of its 5.300% Senior Notes due 2052 at a price of 99.954 percent of par.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of BTG Pactual Resseguradora S.A.. The outlook of these Credit Ratings is stable. The ratings reflect BTG Re?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Meta Platforms?Inc ?has asked several banks to set up?investor meetings for what would be the company's first-ever bond sale. What To Know: Meta?shares are trading higher Wednesday morning.
A roaring rebound in U.S. corporate bonds is being met with skepticism by some investors, who believe the gains may be short-lived as recession fears dampen the outlook for the $10 trillion market.
B2B data company?s solutions recognized with Best Feature Set and Best Relationship accolades DemandScience, a global B2B data company that partners with customers to upgrade their sales pipelines, today announced that TrustRadius has recognized the company with two 2022 Summer Best of Awards in the Intent Data Providers category.
?. SELP JOINT VENTURE PRICES ?750 MILLION 3.75 PER CENT UNSECURED GREEN BOND ISSUE SEGRO plc (SEGXF), in its role as venture adviser to the SEGRO European Logistics Partnership joint venture, announces the pricing of a 5 year, ?750 million senior unsecured Green bond issue for SELP.
Regulatory News: SEGRO plc, in its role as venture adviser to the SEGRO European Logistics Partnership joint venture, announces the pricing of a 5 year, ?750 million senior unsecured Green bond issue for SELP. The proceeds of the issue will principally be used to refinance the existing ?500 million bond expiring in 2023, which are subject to an ongoing tender offer.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced today that it completed its previously announced private placement of $45 million of 4.67% Series SS senior unsecured notes and $20 million of 5.07% Series T mandatory redeemable preferred shares.
- Shares of Credit Suisse fell more than 6% on Tuesday after ratings agencies Moody's and S&P's "negative" outlook on the Swiss bank, days after it appointed a new top boss to help it recover from a string of scandals and losses.
Ecuador is expected to deal quickly with Anglo-French oil company Perenco's efforts to enforce a multi-million dollar award payment as delaying could cast a shadow over international bond payments down the line, analysts said.
Ecuador is expected to deal quickly with Anglo-French oil company Perenco's efforts to enforce a multi-million dollar award payment as delaying could cast a shadow over international bond payments down the line, analysts said.
Apex Secures Green Debt Facilities Totaling $650 Million, Positioning Company for Further Growth Apex Clean Energy today announced the refinancing and expansion of its corporate debt facilities to provide additional capital and flexibility for future growth.
MIAMI, Aug. 1, 2022 Royal Caribbean Group today announced that it has priced the offering of $1 billion aggregate principal amount of 6.00% Convertible Senior Notes due 2025.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Mutua de Riesgo Maritimo, Sociedad de Seguros a Prima Fija.
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.
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