goeasy Ltd., one of Canada?s leading non-prime consumer lenders, is pleased to announce that it closed its previously announced offering of US$550 million aggregate principal amount of senior unsecured notes due 2028.
Griffin Global Asset Management announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes. The offering comprises $400 million of 8% senior unsecured notes due 2027. John Beekman, Griffin CFO, commented: ?We are very pleased to announce the closing of our latest $400 million unsecured notes offering.
Brookfield Corporation (BN) today announced the pricing of a public offering of $700 million principal amount of senior notes due 2034, which will bear interest at a rate of 6.350% per annum.
Brookfield Corporation (BN) today announced that it has received an upgrade to its senior unsecured debt rating from DBRS to ?A? from A. The upgrade reflects the continued growth in the earnings and cashflows of the business, underpinned by a conservatively capitalized balance sheet.
MADRID, Spain and BOSTON, Nov. 21, 2023 -- Oryzon Genomics, S.A. (ORYZF), a clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today the entry into a new convertible bonds financing agreement with Nice & Green in bonds convertible into new shares for a total amount of ?45 Million.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. priced a private offering of $500 million aggregate principal amount of 8.00% senior notes due 2031.
Gaming and Leisure Properties, Inc. (GLPI) today announced the pricing of a public offering of $400.0 million aggregate principal amount of 6.750% Senior Notes Due 2033, to be issued by its operating partnership, GLP Capital, L.P., and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2031 in a private offering.
Hudbay Minerals Inc. (HBM) today announced that its wholly owned subsidiary, Copper Mountain Mining ULC, has exercised the redemption option on its senior secured 8% notes. Hudbay intends to utilize its senior secured revolving credit facility to fund the redemption of the Copper Mountain Bonds.
goeasy Ltd., one of Canada?s leading non-prime consumer lenders, is pleased to announce that in connection with the offering of its US$550 million aggregate principal amount of senior unsecured notes due 2028, which was announced on November 13, 2023, it has now also entered into a currency swap agreement to reduce the Canadian dollar equivalent cost of borrowing on the Notes to 8.79% per annum...
SiriusPoint Ltd. (SPNT), a global specialty insurer and reinsurer, has had its ratings outlook revised from ?Negative? to ?Stable? by S&P Global Ratings. S&P?s decision to revise its ratings outlook to ?Stable? reflects its ?expectation that SiriusPoint (SPNT) will continue to post strong and improving underwriting results in 2023-2025, with combined ratios around 95% and capital maintained at the 'AA' level.
Oslo, Norway ? 7 November 2023 ? IDEX Biometrics (IDXAF) has entered into a non-binding term sheet with a new institutional investor group to issue a senior convertible bond for up to 100 million NOK. The convertible bond will be issued at a price of 92% of the principal amount, and will be amortized over 3,5 years through instalment every 2 months over the period.
Targa Resources Corp. (TRGP), announced today the pricing of an underwritten public offering of $1.0 billion aggregate principal amount of its 6.150% Senior Notes due 2029 and $1.0 billion aggregate principal amount of its 6.500% Senior Notes due 2034 at a price to the public of 99.779% and 99.949% of their face value, respectively.
LXP Industrial Trust (LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced that it has priced an underwritten public offering of $300 million aggregate principal amount of 6.750% senior unsecured notes due November 15, 2028 at a price equal to 99.423% of the principal amount, to yield 6.888%. Interest on the notes will be payabl...
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.