NEW YORK, March 3, 2021 ?Empowering?broker-dealers and institutional investors to better connect and trade corporate bonds digitally, Broadridge Financial Solutions (BR), Inc.?, a global Fintech leader, today announced that the U.S. Patent and Trademark Office has granted LTX, a Broadridge company,?U.S. Patent No.10922773. The patent covers its artificial intelligence-driven RFX digital trading prot...
BOSTON, March 2, 2021 Haemonetics Corporation (HAE) today announced the pricing of its offering of $435,000,000 aggregate principal amount of 0.00% Convertible Senior Notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Haemonetics.
THOMASVILLE, Ga., March 2, 2021 Flowers Foods, Inc. (FLO), producer of Nature's Own, Dave's Killer Bread, Wonder, Canyon Bakehouse, Tastykake, and other bakery foods, today announced the pricing of the public offering of $500 million aggregate principal amount of 2.400% senior notes due 2031.
CHARLOTTE, N.C., March 2, 2021 ?Truist Financial Corporation (TFC) demonstrated its commitment to corporate social responsibility by issuing its first social bond of $1.25 billion in aggregate principal amount. "We were thrilled by investor reception of our first social bond, particularly in the face of significant market volatility," said Corporate Treasurer Donna Goodrich.
SAN FRANCISCO, March 2, 2021 Airbnb, Inc. (ABNB) today announced its intention to offer, subject to market and other conditions, $2,000,000,000 aggregate principal amount of convertible senior notes due 2026 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
ESTERO, Fla. $4.2 billion to purchase up to 100% of the common stock of the reorganized Hertz. The proposed Plan would provide for a new, sustainable capital structure that would substantially reduce Hertz's corporate debt and provide for a less leveraged vehicle debt structure. Overall, the proposed Plan will enable Hertz to exit Chapter 11 stronger both financially and operationally.
BURLINGTON, Mass. and?PLANO, TX, March 1, 2021 Keurig Dr Pepper Inc.?announced today the pricing of its previously announced public offering of senior notes. The Notes will be the unsecured and unsubordinated obligations of the Company and will rank equally in right of payment with all of the Company's current and future unsubordinated indebtedness.
JUJUY, Argentina, March 1, 2021 The Province of Jujuy announced today that it has reached an agreement in principle with an ad hoc group of bondholders represented by VR Advisory Services Ltd., with respect to certain proposed amendments to the terms of the Province's U.S.$210 million aggregate principal amount of 8.625% Notes due 2022.
BURLINGTON, Mass. and PLANO, Texas, March 1, 2021 Keurig Dr Pepper Inc.?announced today the commencement of a public offering of senior notes and the Company's intent to enter into a new 364-day revolving credit facility.
LUXEMBOURG, Feb. 26, 2021 ?Ardagh Group (ARD) announces that Ardagh Metal Packaging S.A. has priced the following transactions, totalling approximately $2.8 billion equivalent: The issuance follows the announcement on February 23, 2021 of the proposed combination of its metal packaging business with Gores Holdings V Inc (GRSV), under which Gores Holdings V (GRSV) will combine, subject to a shareholder vote, with ...
REDWOOD CITY, Calif. The ?500 million 0.250% Senior Notes due 2027 and ?600 million 1.000% Senior Notes due 2033 have a weighted average interest cost of 0.66%, representing a 2.215% reduction in cost relative to Equinix's (EQIX) existing Euro-denominated Senior Notes.
DALLAS, Feb. 25, 2021 ?Oncor Electric Delivery Company LLC today reported twelve months ended December 31, 2020 net income of $713 million compared to reported twelve months ended December 31, 2019 net income of $651 million.
ST. LOUIS, Feb. 24, 2021 Ameren Corporation (AEE) announced today the pricing of a public offering of $450 million aggregate principal amount of 1.75% senior notes due 2028 at 99.908% of their principal amount. Ameren (AEE) intends to use the net proceeds of the offering for general corporate purposes, including to repay its short-term debt.
LUXEMBOURG, Feb. 24, 2021 Ardagh Group (ARD) announces that Ardagh Metal Packaging S.A. has today, through its wholly-owned subsidiaries, Ardagh Metal Packaging Finance plc and Ardagh Metal Packaging Finance USA LLC, launched a bond financing of approximately $2.65 billion equivalent, through the issue of $600 million US Dollar Senior Secured Notes due 2028, $550 million equivalent Euro Senior Secure...
DENVER, Feb. 24, 2021 DaVita Inc. (DVA) announced today the upsize and pricing of its previously announced private add-on offering of $750 million aggregate principal amount of its 4.625% senior notes due June 1, 2030. ?The principal amount of the notes will be increased from $750 million to $1 billion, and the notes will be issued at an offering price of 101.750% of their face amount.
DENVER, Feb. 24, 2021 ?DaVita Inc. (DVA) announced today that it has commenced a private add-on offering of $750 million aggregate principal amount of its 4.625% senior notes due June 1, 2030, subject to market and other conditions.
NEW YORK, Feb. 22, 2021 W. P. Carey Inc. (WPC) announced today that it has priced an underwritten public offering of ?525 million aggregate principal amount of 0.950% Senior Notes due 2030, which will be issued by its indirectly wholly-owned subsidiary, WPC Eurobond B.V., and shall be fully, unconditionally and irrevocably guaranteed by W. P. Carey Inc. The Notes were offered at 99.335% of the princi...
SAN FRANCISCO, Feb. 22, 2021 ?Prologis (PLD), Inc., the global leader in logistics real estate, today announced the closing of approximately $2.0 billion of senior unsecured notes. The blended coupon rate associated with the financings was approximately 0.9% with a weighted average term of more than 13 years.
STOCKHOLM, Feb. 22, 2021 Ocean Yield ASA (OYIEF) has today notified Nordic Trustee, who is acting as bond trustee for the above mentioned bond issue that the Company exercises the call option in accordance with the bond agreement to prepay NOK 200,000,000 outstanding under the Bond Issue.
OSLO, Norway, Feb. 18, 2021 Reference is made to notification dated 15 February 2021. Elkem ASA (ELKEF) has today successfully issued NOK 1,250 million in new unsecured bonds. In connection with the bond issue, Elkem ASA (ELKEF) has bought back NOK 419 million in ELK01. SEB and Swedbank have acted as Joint Lead Managers for the bond issue.
NEW YORK, Feb. 16, 2021 W. P. Carey Inc. (WPC) announced today that it has priced an underwritten public offering of $425 million aggregate principal amount of 2.250% Senior Notes due 2033. Interest on the Notes will be paid semi-annually on April 1 and October 1 of each year, beginning on October 1, 2021.
MIAMI, Feb. 16, 2021 Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) has closed its private offering of $3.5 billion aggregate principal amount of 5.75% senior unsecured notes due 2027.
ST. LOUIS, Feb. 10, 2021 Centene Corporation (CNC) announced today that it has priced its previously announced underwritten public offering of $2,200,000,000?aggregate principal amount of 2.50% senior notes due 2031.
NEW YORK, Feb. 10, 2021 ?Ready Capital Corporation (RC) today announced that it closed an underwritten public offering of $201.25 million aggregate principal amount of 5.75% Senior Notes due 2026, including $26.25 million aggregate principal amount relating to the full exercise of the underwriters' over-allotment option.
MIAMI, Feb. 10, 2021 ?Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) has priced the private offerings of $3.5 billion aggregate principal amount of 5.75% senior unsecured notes due 2027. The Senior Unsecured Notes will pay interest semi-annually on March 1 and September 1 of each year, beginning on September 1, 2021, at a rate of 5.75% per year.
VANCOUVER, BC, Feb. 10, 2021 Taseko Mines Limited (TGB) is pleased to announce that it has completed its offering of US$400 million aggregate principal amount of 7.0% Senior Secured Notes due 2026. Stuart McDonald, President of Taseko, commented, "This bond refinancing and upsize has significantly strengthened Taseko's financial position and lowered our cost of capital.
ST. LOUIS, Feb. 10, 2021 ?Centene Corporation (CNC) announced today that it has commenced an underwritten public offering to sell $2,200,000,000?of senior notes due 2031, subject to market and other conditions.
NEW YORK, Feb. 8, 2021 ?Ready Capital Corporation (RC) today announced that it priced an underwritten public offering of $175.0 million aggregate principal amount of 5.75% Senior Notes due 2026. The offering is expected to close on February 10, 2021 and is subject to customary closing conditions.
PITTSBURGH, Feb. 8, 2021 Kennametal Inc. (KMT) announced today the pricing of a public offering of $300,000,000 aggregate principal amount of its 2.80% Senior Notes due March 1, 2031 under the Company's shelf registration statement. The Company expects to receive the net offering proceeds upon closing on or about February 23, 2021, subject to customary closing conditions.
HOUSTON, Feb. 8, 2021 ?Bristow Group Inc. (VTOL) announced today that it has commenced, subject to market conditions and other factors, a private offering of $400 million aggregate principal amount of senior secured notes due 2028 to eligible purchasers pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended.
SHANGHAI, Feb. 6, 2021 Shanghai Electric Group, the world's leading manufacturer and supplier of electric power generation equipment, industrial equipment and integration services,?has been upgraded to A on the Hang Seng environmental, social and corporate governance sustainability rating scale, reflecting the Company's improved efforts in advancing its Covid-19 pandemic relief, poverty allevia...
UPPSALA, Sweden, Feb. 4, 2021 Orexo AB (ORXOF), has successfully issued senior unsecured callable floating rate bonds in the amount of SEK 500 million, under a framework of SEK 1,000 million with final maturity in February 2025. The New Bonds carry a floating rate interest of 3-month Stibor + 375bps per annum.
MADISON, N.J., Feb. 3, 2021 ?Realogy Holdings Corp. (RLGY) announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC, together with a co-issuer, priced $300 million aggregate principal amount of 5.750% senior notes due 2029 at an issue price of 101.500% in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended. the United Stat...
SAN FRANCISCO, Feb. 2, 2021 ?S&P Global Ratings said today that in its Green Transaction Evaluation of the San Francisco Municipal Transportation Agency's Proposed Series 2021C bonds it scored the transaction as E1/79.
US $ MONTR?AL, Feb. 2, 2021 Resolute Forest Products Inc. (RFP) today announced that it closed the private offering of $300 million aggregate principal amount of its 4.875% senior unsecured notes due 2026.
SCOTTSDALE, Ariz. Denis Luz, CEO, explains their mission statement, "We are a Hydrogen generation company, which other people do, but it is our process that separates us from our competition. Our Process United Energies will be the only plant using this equipment with patented technology, that weakens the molecular bond of water before splitting it.
MADISON, N.J., Feb. 2, 2021 ?Realogy Holdings Corp. (RLGY) announced today that its indirect, wholly-owned subsidiary, Realogy Group LLC, together with a co-issuer, is proposing to issue, subject to market and other conditions, $200 million aggregate principal amount of 5.750% senior notes due 2029 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, a...
STOCKHOLM, Feb. 1, 2021 Essity has today raised EUR 700m in the bond market under its Euro Medium Term Note program. The bond offering was oversubscribed, and the transaction was placed with more than 100 investors. The bonds will be listed on the Luxembourg Stock Exchange.
LOS ANGELES, Jan. 28, 2021 Viking Cruises Ltd today announced that it has priced its private offering of $350 million aggregate principal amount of 7.000% Senior Unsecured Notes due 2029 and the private offering of $350 million aggregate principal amount of 5.625% Senior Secured Notes due 2029 by Viking Ocean Cruises Ship VII Ltd. The offering of the Notes is expected to close on February 2, 20...
LOS ANGELES, Jan. 25, 2021 ?B. Riley Financial (RILY), Inc. today announced that it has closed an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. B. Riley Financial (RILY) and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
HOUSTON, Jan. 25, 2021 ?Diamond Offshore Drilling, Inc. today announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will significantly deleverage the Company's balance sheet and position the Company for future growth.
BROOKLYN, N.Y., Jan. 25, 2021 7 Chord Inc,?an independent provider of predictive bond prices and analytics to institutional investors and traders, announced that it expanded its data offering on Nasdaq's Quandl. "Bond trading is becoming increasingly algorithmic.
NAPERVILLE, Ill. CHY Dividend Details Actively managed, CHY seeks total return through a combination of capital appreciation and current income by investing in a diversified portfolio of equities, convertible securities and high yield corporate bonds. The Fund is one of five Calamos closed-end funds that announced a dividend increase payable in February 2021.
NAPERVILLE, Ill. CSQ Dividend Details Actively managed, CSQ seeks total return through a combination of capital appreciation and current income by investing in a diversified portfolio of equities, convertible securities and high yield corporate bonds. The Fund is one of five Calamos closed-end funds that announced a dividend increase payable in February 2021.
LONDON, Jan. 21, 2021 ?Seaspan Corporation, a wholly owned subsidiary of Atlas Corp. (ATCO), today announced that it has successfully priced US $200 million in new senior unsecured sustainability-linked bonds in the Nordic bond market.
STOCKHOLM, Jan. 21, 2021 LeoVegas AB issued unsecured bonds with ISIN: SE0015242854 in an amount of SEK 500 million within a framework of SEK 800 million. The Bonds have a tenor of 3 years and a floating interest rate of 3 months STIBOR + 550 basis points.
LOS ANGELES, Jan. 20, 2021 ?B. Riley Financial, Inc. (RILY) today announced that on January 20, 2021 it priced an underwritten registered public offering of $200 million aggregate principal amount of 6.00% senior notes due 2028. B. Riley Financial (RILY) and this issuance of notes both received an investment grade rating of BBB+ from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
PITTSBURG, Kan. The Additional Notes will be issued under the existing indenture under which Watco previously issued $500 million aggregate principal amount of its 6.500% senior unsecured notes due 2027.
LOS ANGELES, Jan. 20, 2021 ?B. Riley Financial (RILY), Inc. today announced it has commenced an underwritten registered public offering of $100 million aggregate principal amount of senior notes due 2028, subject to market and certain other conditions.
PITTSBURG, Kan. The Additional Notes will be issued under the existing indenture under which Watco previously issued $500 million aggregate principal amount of its 6.500% senior unsecured notes due 2027.
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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