News Results

  1. Mercer International Inc. Announces Pricing of Private Offering of Senior Notes
    GlobeNewswire | 09/19/23 07:24 PM EDT

    Mercer International Inc. (MERC) today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028. The 2028 Notes are being issued at a price of 100% of their principal amount. The offering of the 2028 Notes is expected to close on or around September 21, 2023, subject to the satisfaction of customary closing conditions.

  2. Vital Energy Prices Upsized Offering of $900 Million of Senior Notes
    GlobeNewswire | 09/18/23 04:38 PM EDT

    Vital Energy, Inc. (VTLE), a Delaware corporation, announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million.

  3. NIO Inc. Announces Proposed Offering of US$1 Billion Convertible Senior Notes
    GlobeNewswire | 09/18/23 04:28 PM EDT

    NIO Inc. (NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced a proposed offering of US$500 million in aggregate principal amount of convertible senior notes due 2029 and US$500 million in aggregate principal amount of convertible senior notes due 2030, subject to market conditions and other factors.

  4. Retail Opportunity Investments Corp. Prices Offering of Senior Unsecured Notes
    GlobeNewswire | 09/14/23 09:40 PM EDT

    Retail Opportunity Investments Corp. (ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP, has priced an offering of $350 million aggregate principal amount of 6.750% senior unsecured notes in an underwritten public offering.

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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