News Results

  1. BRIEF-First Bank completes $35 million subordinated debt offering
    Reuters | 06/18/25 05:52 PM EDT

    FIRST BANK: * FIRST BANK ANNOUNCES COMPLETION OF $35 MILLION SUBORDINATED DEBT OFFERING Source text: Further company coverage:

  2. AM Best Revises Issuer Credit Rating Outlook to Positive for Florida Family Insurance Company and Its Subsidiary
    Business Wire | 06/18/25 04:24 PM EDT

    AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICRs of ?bbb? of Florida Family Insurance Company and its subsidiary, Florida Family Home Insurance Company, which together make up the two pool members of Florida Family Group.

  3. Darling Ingredients Inc. Announces Pricing of Offering of ?750 Million of Senior Notes Due 2032 by Darling Global Finance B.V.
    Business Wire | 06/18/25 04:10 PM EDT

    Darling Ingredients Inc. (DAR), the world?s leading company turning food waste into sustainable products and producer of renewable energy, today announced the pricing of an offering of ?750 million in aggregate principal amount of 4.5% senior notes due 2032.

  4. AM Best Revises Outlooks to Stable for Soci?t? Tunisienne de R?assurance
    Business Wire | 06/18/25 01:40 PM EDT

    AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of Soci?t? Tunisienne de R?assurance. The Credit Ratings reflect Tunis Re?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.

  5. AM Best Affirms Credit Ratings of PT Asuransi Astra Buana
    Business Wire | 06/18/25 10:49 AM EDT

    AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Indonesia National Scale Rating of aaa.ID of PT Asuransi Astra Buana. The ratings reflect Asuransi Astra?s 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.

  6. Elon Musk's xAI Seeks $5 Billion In Debt, Faces Lukewarm Demand ? Even With 12% Yields On The Table: Report
    Benzinga | 06/18/25 03:16 AM EDT

    Elon Musk?s?AI venture,?xAI, is reportedly on the brink of securing?a $5 billion debt raise, led by?Morgan Stanley, despite modest investor interest. What Happened:?The $5 billion debt offering?comprising a floating-rate term loan, a fixed-rate loan, and secured bonds?is scheduled to be allocated to investors on Wednesday, reported Reuters, citing sources.

  7. BRIEF-Whitecap Resources Announces $300 Million Offering Of Senior Notes
    Reuters | 06/17/25 08:09 PM EDT

    Whitecap Resources Inc (SPGYF): * WHITECAP RESOURCES ANNOUNCES $300 MILLION OFFERING OF SENIOR NOTES. * Whitecap Resources Inc (SPGYF): PRICED AN OFFERING OF $300 MILLION PRINCIPAL AMOUNT OF 3.761% SENIOR UNSECURED NOTES DUE JUNE 19, 2028 Source text: Further company coverage:

  8. BRIEF-Arc Resources announces closing of senior unsecured notes offering
    Reuters | 06/17/25 06:20 PM EDT

    ARC Resources Ltd (AETUF): * ARC Resources Ltd (AETUF). ANNOUNCES THE CLOSING OF ITS OFFERING OF SENIOR UNSECURED NOTES Source text: Further company coverage:

  9. Enterprise Prices $2.0 Billion Aggregate Principal Amount of Senior Notes
    Business Wire | 06/17/25 05:41 PM EDT

    Enterprise Products Partners L.P. (EPD) today announced that its operating subsidiary, Enterprise Products Operating LLC, has priced a public offering of $2.0 billion aggregate principal amount of notes comprised of $500 million principal amount of senior notes due June 20, 2028, $750 million principal amount of senior notes due January 15, 2031, and $750 million principal amount of senior notes due ...

  10. Kroll Bond Rating Agency Revises Dime Community Bancshares, Inc.?s Ratings Outlook from ?Stable? to ?Positive?
    GlobeNewswire | 06/17/25 05:00 PM EDT

    Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, announced that Kroll Bond Rating Agency, in a report dated June 17, 2025, revised its ratings outlook from ?Stable? to ?Positive.

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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