Constellation Brands, Inc. (STZ), a leading beverage alcohol company, announced today that it priced the public offering of $500.0 million aggregate principal amount of 5.000%?Senior Notes due 2026 for a public offering price of 99.829% of the principal amount of the notes. Closing of the offering is expected to occur on February?2, 2023.
Oxurion Provides Further Details Concerning the Second Amendment to Negma Funding Program Leuven, BELGIUM, Boston, MA, US ? January 26, 2023 8:00 am CET ? Oxurion NV a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, has entered into an amendment of its mandatory convertible bonds issuance and ...
C-Bond Systems (CBNT), a nanotechnology solutions company, today announced that its Patriot Glass Solutions division was awarded a $137,000 security window film project by the San Antonio Independent School District.
Oxurion Announces Second Amendment to Negma Funding Program Leuven, BELGIUM, Boston, MA, US ? January 25, 2023 8:30 am ? Oxurion NV a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, announced today that it has further amended its mandatory convertible bonds issuance and subscription agreement w...
Sun Communities, Inc. (SUI), a real estate investment trust that owns and operates or has an interest in manufactured housing communities, recreational vehicle communities and marinas, today announced that its operating partnership, Sun Communities Operating Limited Partnership, has priced a public offering of $400 million aggregate principal amount of 5.700% senior notes due 2033.
Crown Castle Inc. (CCI) announced today that it has priced its previously announced public offering of 5.000% Senior Notes due 2028 in aggregate principal amount of $1.0 billion. The net proceeds from the offering are expected to be approximately $990 million, after deducting the underwriting discount and other estimated offering expenses payable by Crown Castle.
Crown Castle Inc. (CCI) announced today that it is commencing a public offering of senior notes, subject to market and other conditions. BNP Paribas Securities Corp., J.P. Morgan Securities LLC, MUFG Securities Americas Inc., PNC Capital Markets LLC, RBC Capital Markets, LLC and Truist Securities, Inc. are the joint book-running managers of the offering.
Targa Resources Corp. (TRGP), announced today the pricing of an underwritten public offering of $900 million aggregate principal amount of its 6.125% senior notes due 2033 and $850 million aggregate principal amount of its 6.500% senior notes due 2053 at a price to the public of 99.858% and 97.843% of their face value, respectively.
Navigator Holdings Ltd. (NVGS), the owner and operator of the world?s largest fleet of handysize liquefied gas carriers, announced today that, further to the Company?s press release of December 9, 2022, it fully repaid all outstanding bonds under its NOK 600 million senior secured bond on December 23, 2022. The bonds were repaid at a price equal to 101.79% of par value.
Buffering Losses: In the 2022 outcome period marked by substantial market losses, lineup of annual January Buffer ETFs? achieved decreased downside and volatility relative to reference assets Record Year for Flows: Advisors added $5.7B to Innovator?s lineup in 2022 as wealth managers sought to cushion market losses in stocks and bonds while keeping clients invested Upside Caps increased during ...
In the 2022 outcome period marked by significant market losses, lineup of annual January Buffer ETFs? exhibited decreased downside and volatility relative to reference assets Flagship Innovator U.S. Equity Buffer ETFs? ? BJAN, PJAN, UJAN ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting January 1st Q1 cap ranges annou...
GCC, S.A.B. de C.V., a leading producer of cement and concrete in the United States and Mexico, announces that the rating agency Fitch Ratings has affirmed the company?s credit rating at BBB- company, revising the outlook from stable to positive.
Patriot National Bancorp, Inc. (PNBK), the parent company of Patriot Bank, National Association, today announced the issuance and sale of $12 million in aggregate principal amount of 8.50% Fixed-Rate Senior Notes due 2026. The Notes bear interest at a fixed annual rate of 8.50%, payable semi-annually in arrears on January 15 and July 15 of each year, beginning July 15, 2023.
Funding unlocks earlier $5 million mezzanine round to support platform development via?NewMediaWire?--?Hop-on, Inc. (HPNN) is excited to announce that it has secured $26 million in bond financing for its decentralized social media platform, Digitalage.
Tokio Marine HCC today announced that A.M. Best has affirmed the ?A++? Financial Strength Ratings and ?aa+? Long-Term Issuer Credit Ratings of the property/casualty insurance companies in the Houston Casualty Group and HCC Life Insurance Company.
Alvotech (ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced completion of a private placement of approximately US$59.7 million, at current exchange rates, of subordinated convertible bonds, convertible into new fully paid ordinary shares of Alvotech.
Alvotech (ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced completion of a private placement of approximately US$59.7 million, at current exchange rates, of subordinated convertible bonds, convertible into new fully paid ordinary shares of Alvotech.
Paris, December 15, 2022. After a seed funding of ?625,000 raised at the beginning of 2022 from Family offices and Business Angels, Jalon Therapeutics won the Innov'Up PIA call for an amount of ?450,000 and issued convertible bonds subscribed by BPI France on November 29, 2022 for an amount of ?450,000.
Barrick Gold Corporation (GOLD) today announced that Moody?s Investors Service has upgraded the senior unsecured ratings of Barrick and all rated subsidiaries to A3 from Baa1, with a stable outlook. In a news release announcing the upgrade, Moody?s noted that Barrick?s liquidity is excellent, which provides significant flexibility to maneuver through gold price volatility.
Brookfield Asset Management Inc. (BAM) today announced that it has received an upgrade on its senior unsecured debt rating from Moody?s to A3 from Baa1, reflecting the strengthening and resiliency of the inflation-linked cash flows generated across Brookfield?s three core pillars ? Asset Management, Insurance Solutions and its Operating Businesses.
Navigator Holdings Ltd. (NVGS), the owner and operator of the world?s largest fleet of handysize liquefied gas carriers, announced today that, on December 7, 2022, Navigator Centauri L.L.C., Navigator Ceres L.L.C., Navigator Ceto L.L.C., Navigator Copernico L.L.C. and Navigator Umbrio L.L.C. entered into a secured term loan and revolving credit facility, with Credit Agricole Corporate and Investment B...
Uniti Group Inc. (UNIT) today announced that it has priced its previously announced offering of $300 million aggregate principal amount of 7.50% convertible senior notes due 2027.
Chart Industries, Inc. (GTLS) announced today that, subject to market conditions and other conditions, it intends to offer up to $1,310,000,000 aggregate principal amount of senior secured notes due 2030 and $750,000,000 aggregate principal amount of senior unsecured notes due 2031.
Meudon, 23 November 2022 ? Vallourec announces today that S&P Global has decided to upgrade Vallourec?s long-term issuer credit rating to 'B+' from 'B' and the issue rating on its senior unsecured notes to 'BB-' from 'B+'. S&P Global also affirmed 'B' rating on its commercial paper program. Attachment Image: Primary Logo.
22 November 2022, 07:30 CET ArcelorMittal (MT) priced yesterday an offering of US$1.2 billion aggregate principal amount of 6.550% notes due 2027 and US$1.0 billion aggregate principal amount of 6.800% notes due 2032. The proceeds to ArcelorMittal (MT), amounting to approximately $2.2 billion, will be used for general corporate purposes.
Athene Holding Ltd. today announced it has agreed to sell $400 million of 6.650% senior unsecured notes due 2033. Athene intends to use the net proceeds from the offering for general corporate purposes. Morgan Stanley, BofA Securities, Goldman Sachs & Co. LLC and Wells Fargo Securities are acting as joint book-running managers for the offering.
Fomento Econ?mico Mexicano, S.A.B. de C.V. announced the placement of Mexican Peso-denominated sustainability linked bonds in the Mexican market for a total of Ps. The transaction was completed through a dual-tranche format with the tickers FEMSA 22-2L and FEMSA 22L.
IPC Systems, Inc., a leading provider of secure, compliant communications and multi-cloud connectivity solutions for global financial markets and BondWave LLC, an affiliate of First Trust Portfolios L.P. and a leading financial technology firm focused on fixed income solutions, today announced the integration of the flagship Unigy and IQ/Max? Touch solutions with BondWave Calculator, an innovat...
HighPeak Energy, Inc. (HPK) today announced the pricing of a private placement of $225 million principal amount of 10.625% senior unsecured notes due 2024.
First Merchants Corporation Third Quarter 2022 Highlights: Mark Hardwick, Chief Executive Officer, stated, ?Despite high inflation and volatility in both the bond and stock markets, our performance continues to be steady and strong. Third Quarter Financial Results.
Lendistry, a minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution and Community Development Entity certification, announced today the closing of a private placement of $85 million aggregate principal amount of unsecured Fixed to Floating Rate Senior Notes due 2027.
Truxton Corporation (TRUX), the parent company for Truxton Trust Company and subsidiaries, announced its operating results for the quarter ended September 30, 2022. ?Truxton has managed effectively through a period of rapidly rising interest rates and declining stock and bond valuations,? said Chairman and CEO Tom Stumb.
Arbor Realty Trust, Inc. (ABR) today announced that its subsidiary, Arbor Realty SR, Inc., has closed an offering of $150 million aggregate principal amount of 8.50% Senior Notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, outside the United States to non-United States persons in...
Lineup of October Buffer ETFs? decreased downside and volatility relative to reference assets in outcome period marked by significant market losses Flagship Innovator U.S. Equity Buffer ETFs? ? BOCT, POCT, UOCT ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting October 1st Q4 upside caps announced for quarterly resetti...
FirstService Corporation (FSV) announced today that it has entered into two new revolving, uncommitted financing facilities for potential future private placement issuances of senior unsecured notes aggregating US$450 million with its existing lenders, NYL Investors LLC of up to US$150 million and PGIM Private Capital, the direct private debt and structured equity investment affiliate of PGIM, Inc., ...
Lineup of October Buffer ETFs? have exhibited decreased downside and volatility relative to reference assets in the current outcome period marked by significant market losses Flagship Innovator U.S. Equity Buffer ETFs? ? BOCT, POCT, UOCT ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting October 1st Q4 cap ranges annou...
THUNDER ENERGIES CORP (TNRG) has announced the engagement of George Law Group, Columbus, Ohio, as special bond counsel for a large, several hundred-million-dollar, debt issuance of investment grade instruments for the publicly traded entity. George Law is a national boutique law firm with specialized practice areas including private debt financing.
Sarepta Therapeutics, Inc. (SRPT), the leader in precision genetic medicine for rare diseases, today announced the pricing of $980.0 million aggregate principal amount of convertible senior unsecured notes that will mature on September 15, 2027, unless earlier redeemed, repurchased or converted.
Transocean Ltd. (RIG) announced today that it has executed privately negotiated exchange and purchase agreements relating to certain of the 0.50% Exchangeable Senior Bonds due 2023 and certain of the 7.25% Senior Notes due 2025 issued by Transocean Inc., Transocean?s wholly-owned subsidiary.
? With current cash and projected revenue, offering is expected to fund operations to profitability Sarepta Therapeutics, Inc. (SRPT), the leader in precision genetic medicine for rare diseases, today announced that it intends to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of convertible senior unsecured notes that will mature on September 15, 2027, unless ea...
5.25% Sustainability-Linked Notes, Series CAG due November 15, 2032 5.65% Notes, Series CAH due September 13, 2052 5.00% Notes, Series CAI due September 13, 2029 TELUS (TU) announced today it has priced $2.0 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity.
Ad hoc announcement pursuant to Art. Basel/Allschwil, Switzerland, September 07, 2022 Basilea Pharmaceutica Ltd, a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that is has entered into a senior secured loan agreement with funds managed by Athyrium Capital Management, LP.
Leuven, BELGIUM, Boston, MA, US ? September 2, 2022 ? CET 10:30PM ? Oxurion NV a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, announced today that it has amended its mandatory convertible bonds issuance and subscription agreement announced on April 6, 2021 with the Negma Group, a financial i...
? All Series of Senior Notes which are Subject to a Special Mandatory Redemption Will Have the Special Mandatory Redemption Date Extended to December 31, 2023 ? Extension of Special Mandatory Redemption Date Ensures Bond Financing Remains in Place if Closing of Shaw Transaction Takes Place in 2023 TORONTO, Aug. 31, 2022 -- ?Rogers Communications Inc. (RCIAF) today announced that, in connection with its...
Kroll Bond Rating Agency has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (WSFS). ?For the seventh consecutive year, WSFS has received a strong debt rating.
Assertio Holdings, Inc. (ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announced the pricing of its offering of $60 million aggregate principal amount of 6.50% convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Assertio Holdings, Inc. (ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announced its intention to offer, subject to market and other conditions, $60 million aggregate principal amount of convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Fairfax Financial Holdings Limited (FRFHF) has completed its previously announced offering of US$750 million in aggregate principal amount of 5.625% Senior Notes due 2032. Fairfax intends to use substantially all of the net proceeds of this offering to purchase a portion of the non-controlling interests in Allied World Assurance Company Holdings, Ltd, and use any remainder for general corporate purposes.
Cerevel Therapeutics Holdings, Inc. (CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today the pricing of its previously announced private offering of $300.0 million aggregate principal amount of 2.50% convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securi...
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.
Log In Required
Line of Credit Log In Required
Publication Date