Cable One, Inc. (CABO) today announced the pricing of a private offering of $500.0 million aggregate principal amount of its 0.00% convertible senior notes due 2026 and $300.0 million aggregate principal amount of its 1.125% convertible senior notes due 2028.
PennyMac Mortgage Investment Trust (PMT) today announced the upsizing and pricing of a private offering by its indirect wholly-owned subsidiary, PennyMac Corp., of $300 million aggregate principal amount of its Exchangeable Senior Notes due 2026. The Notes will bear interest at a rate of 5.500% per year, payable semiannually.
Murphy Oil Corporation (MUR) announced today that it has priced an offering of $550 million of 6.375% Senior Notes due 2028 pursuant to an effective shelf registration statement previously filed with the Securities and Exchange Commission.
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 5.875% senior notes due 2029 in a private offering at an offering price of 100% of the principal amount thereof.
Boston Properties, Inc. (BXP), the largest publicly-traded developer, owner and manager of Class A office properties in the United States, announced today that its operating partnership, Boston Properties Limited Partnership, has agreed to issue $850.0 million of 2.550% senior unsecured notes due 2032 in an underwritten public offering through BofA Securities, Inc., Deutsche Bank Securities Inc., J.P...
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the recently announced USD 600 million, 3.375% senior unsecured notes, due March 2031, of Fairfax Financial Holdings Limited?s. The outlook assigned to the Credit Rating is stable.
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 2029 in a private offering.
ACCO Brands Corporation (ACCO), one of the world?s largest designers, marketers and manufacturers of branded academic, consumer and business products, today announced that it priced a private offering of $575 million in aggregate principal amount of 4.25% Senior Unsecured Notes due 2029.
Superior Plus Corp. (SUUIF) announced today the pricing of the previously announced private offering by its wholly-owned subsidiaries, Superior Plus LP and Superior General Partner Inc. of US$600 million aggregate principal amount of senior unsecured notes due March 15, 2029.
PennyMac Mortgage Investment Trust (PMT) today announced that its indirect wholly-owned subsidiary, PennyMac Corp., plans to make a private offering of $200 million aggregate principal amount of its Exchangeable Senior Notes due 2026.
Cable One, Inc. (CABO) today announced the commencement of a private offering of $400 million aggregate principal amount of its convertible senior notes due 2026 and $200 million aggregate principal amount of its convertible senior notes due 2028, subject to market and other conditions.
Medallion Financial Corp. (MFIN) announced today that it has completed a private placement of $25.0 million aggregate principal amount of fixed rate senior unsecured notes to certain institutional investors.
ACCO Brands Corporation (ACCO), one of the world?s largest designers, marketers and manufacturers of branded academic, consumer and business products, today announced a private offering of $650 million of senior unsecured notes due 2029.
Superior Plus Corp. (SUUIF) announced today that, subject to market and other conditions, its wholly-owned subsidiaries, Superior Plus LP and Superior General Partner Inc. plan to commence a private placement offering of US$500 million aggregate principal amount of senior unsecured notes due 2029.
AM Best has assigned the Long-Term Issuer Credit Rating of ?bb+? to Austral Participa??es S.A.. The outlook assigned to this Credit Rating is positive. The ratings reflect Austral?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.
AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating to ?a? from ?bbb-? of National General Holdings Corp.. Additionally, AM Best has removed from under review with positive implications and upgraded certain Long-Term Issue Credit Ratings of NGHC.
Spotify Technology S.A. (SPOT) today announced that on February 25, 2021, its indirect subsidiary, Spotify USA Inc., priced its offering of $1,300,000,000 aggregate principal amount of 0% exchangeable senior notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Williams announced today that it has priced a public offering of $900 million of its 2.600% Senior Notes due 2031 at a price of 99.631 percent of par. Williams intends to use the net proceeds of the offering to repay its $500 million of 4.00% Senior Notes due 2021 and its $371 million of 7.875% Senior Notes due 2021 and for general corporate purposes.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of Virginia Surety Seguros de M?xico S.A. de C.V.. The outlook of these Credit Ratings is stable.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb? to the recently announced CAD 850 million, 3.95% senior unsecured notes, due March 2031, of Fairfax Financial Holdings Limited?s. The outlook assigned to the Credit Rating is stable.
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of Assurant Da?os M?xico, S.A. and Assurant Vida M?xico, S.A. . The outlook of these Credit Ratings is stable.
AM Best has assigned a Financial Strength Rating of B+ and Long Term Issuer Credit Rating of ?bbb-? to Town & Country Life Insurance Company. The ratings reflect Town & Country?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
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 Noor Takaful Family PJSC. The ratings reflect NTF?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.
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 Noor Takaful General PJSC. The ratings reflect NTG?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.
Bain Capital Specialty Finance, Inc. (BCSF) today announced that Moody?s Investors Service has assigned the Company with an investment grade rating of Baa3 and Stable outlook.
The GEO Group, Inc. (GEO) announced today that its wholly-owned subsidiary, GEO Corrections Holdings, Inc., has closed its previously announced private offering of $230,000,000 aggregate principal amount of 6.50% exchangeable senior unsecured notes due 2026, including $30,000,000 aggregate principal amount of notes sold pursuant to the exercise in full of the initial purchasers' over-allotment option...
AM Best has assigned a Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? to Eureka-Re SCC. The ratings reflect Eureka?s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
Spotify Technology S.A. (SPOT) today announced that its indirect subsidiary, Spotify USA Inc., intends to offer, subject to market and other conditions, $1,300,000,000 aggregate principal amount of exchangeable senior notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Construction of New Classrooms, Residence Hall, Gymnasium and More Now Underway LENDonate, an Oakland-based fintech company, announced another customer success, this one amidst the COVID-19 pandemic.
AM Best has assigned a Long-Term Issue Credit Rating of ?bbb+? to the CAD 2.0 billion, 3.375% Limited Recourse Capital Notes Series 1 due June 19, 2081, recently issued by Manulife Financial Corporation.
Fidelity National Information Services (FIS), FIS?, a global leader in financial services technology, today announced the pricing of its multi-tranche offering of senior notes denominated in U.S. dollars as follows: FIS intends to use the net proceeds from the Senior Notes offering to purchase certain outstanding senior notes pursuant to cash tender offers commenced today, including accrued and unpai...
New higher ratings reflect the company?s pandemic response, loan servicing performance, and other key metrics Rushmore Loan Management Services today announced that Fitch Ratings has upgraded the Company?s US RMBS Servicer Ratings in three categories: U.S. primary prime servicer, U.S. primary prime subservicer, and U.S. special servicer, all with stable outlooks.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb+? of the two operating subsidiaries of Nagico Holdings Limited: National General Insurance Corporation N.V. and Nagico Insurance Company Limited.
Fidelity National Information Services (FIS), FIS?, a global leader in financial services technology, today announced that it intends, subject to market and other considerations, to make a multi-tranche offering of senior notes denominated in U.S. dollars.
Essex Property Trust, Inc. (ESS) announced today that its operating partnership, Essex Portfolio, L.P., priced an underwritten public offering of $450 million aggregate principal amount of 1.700% senior notes due 2028.
Spirit Realty Capital, Inc. (SRC/PA) announced today that its operating partnership, Spirit Realty, L.P., has priced a public offering of $450 million aggregate principal amount of 2.100% senior notes due 2028 and $350 million aggregate principal amount of 2.700% senior notes due 2032.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of NCB Insurance Company Limited. The ratings reflect NCB?s balance sheet strength, which AM Best categorizes as adequate, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
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 Multinational Life Insurance Company.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of Symetra Life Insurance Company and its subsidiary, First Symetra National Life Insurance Company of New York , together referred to as Symetra Life Group. Concurrently, AM Best has affirmed the Long-Term ICR of ?bbb+? and the Long-Term Issue Credit Rating of Symetra Financial Corporation.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Abarca - Companhia de Seguros S.A.. The outlook of these Credit Ratings is stable. The ratings reflect Abarca?s balance sheet strength, which AM Best categorises as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
AM Best has affirmed the Financial Strength Rating of A+ the Long-Term Issuer Credit Ratings of ?aa? of Principal Life Insurance Company and Principal National Life Insurance Company. Both are life insurance operating companies of Principal Financial Group, Inc. [NASDAQ: PFG] and collectively are referred to as Principal.
The GEO Group, Inc. (GEO) announced today the pricing of the offering by its wholly-owned subsidiary, GEO Corrections Holdings, Inc. of $200,000,000 aggregate principal amount of 6.50% exchangeable senior unsecured notes due 2026 in a private offering under the Securities Act of 1933, as amended. The notes will mature on February 23, 2026, unless earlier repurchased or exchanged.
?. Consort Healthcare Funding plc. GBP 398,680,000 1.972per cent Index Linked. Guaranteed Secured Bonds due 2044. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 1,000.00 IS GBP 11.17. POOL FACTOR.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Acerta Compa?ia de Seguros, S.A.. The outlook of these Credit Ratings is stable. The ratings reflect Acerta?s balance sheet strength, which AM Best categorizes as strongest, as well as its marginal operating performance, neutral business profile and marginal enterprise risk management.
AM Best has assigned a Financial Strength Rating of B and a Long-Term Issuer Credit Rating of ?bb? to Uzbekinvest Export-Import Insurance Company, JSC. The ratings reflect Uzbekinvest?s balance sheet strength, which AM Best categorises as very strong, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
The GEO Group, Inc. (GEO) announced today that its subsidiary, GEO Corrections Holdings, Inc., intends, subject to market and other customary conditions, to offer $200,000,000 aggregate principal amount of exchangeable senior unsecured notes due 2026 in a private offering.
?. Santander UK PLC. Series 66 GBP 1,000,000,000.00. Floating Rate Covered Bonds due 16 November 2022. Under EUR 35 billion Global Covered Bond Programme. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 704,589.04. POOL FACTOR.
Expedia Group, Inc. (EXPE) today announced that it has priced its private offering of $1 billion aggregate principal amount of unsecured 2.950% Senior Notes due 2031 and its private offering of $900 million, which was increased from the previously announced offering size, aggregate principal amount of convertible unsecured 0% Senior Notes due 2026.
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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