News Results

  1. Texas Instruments prices $700 million of investment grade notes
    PR Newswire | 08/10/22 04:41 PM EDT

    DALLAS, Aug. 10, 2022 Texas Instruments Incorporated (TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $700 million. The notes consist of the following: TI expects to use the net proceeds of this offering for general corporate purposes.

  2. Royal Caribbean Group announces closing of $1.15 billion senior convertible notes offering and repurchase of $1.15 billion existing senior convertible notes
    PR Newswire | 08/08/22 05:10 PM EDT

    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.

  3. MPLX LP prices $1.0 billion senior notes offering
    PR Newswire | 08/08/22 05:00 PM EDT

    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.

  4. Retailers Casualty Insurance Company A- (Excellent) Rating Reaffirmed by AM Best
    PR Newswire | 08/08/22 09:58 AM EDT

    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.

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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