News Results

  1. Cerevel Therapeutics Announces Pricing of $300 Million Private Offering of Convertible Senior Notes and Concurrent $254 Million Public Offering of Common Stock
    GlobeNewswire | 08/12/22 06:00 AM EDT

    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...

  2. Cerevel Therapeutics Announces Pricing of $254 Million Public Offering of Common Stock and Concurrent $300 Million Private Offering of Convertible Senior Notes
    GlobeNewswire | 08/12/22 06:00 AM EDT

    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 underwritten public offering of 7,250,000 shares of its common stock at a public offering price of $35.00 per share, or approximately $253.8 million of shares of its common stock.

  3. Fairfax Announces Pricing of Senior Notes Offering
    GlobeNewswire | 08/11/22 06:06 PM EDT

    Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$750,000,000 of Fairfax?s Senior Notes due 2032 at an issue price of 99.856%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 5.625% per annum.

  4. Cerevel Therapeutics Announces Proposed Private Offering of Convertible Senior Notes
    GlobeNewswire | 08/10/22 04:01 PM EDT

    Cerevel Therapeutics Holdings, Inc. (CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that it has commenced a private offering of $250.0 million aggregate principal amount of convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as a...

  5. Fitch Affirms Tokio Marine HCC?s Insurance Company Ratings of ?AA-? With Stable Outlook
    GlobeNewswire | 08/10/22 10:00 AM EDT

    Tokio Marine HCC today announced that Fitch Ratings has affirmed the ?AA-? Insurer Financial Strength Ratings for its insurance company subsidiaries and the ?A? Long-Term Issuer Default Rating for HCC Insurance Holdings, Inc. The outlook for all of Fitch?s ratings is Stable.

  6. Uvalde, Texas School Places Order for Security Film from Patriot Glass Solutions, a Division of C-Bond Systems
    GlobeNewswire | 08/10/22 08:30 AM EDT

    C-Bond Systems (CBNT), a nanotechnology solutions company, today announced that a private school in Uvalde, TX, has placed an order for security film from Patriot Glass Solutions, a division of C-Bond Systems.

  7. Post Holdings Announces Pricing of Convertible Senior Notes Offering
    GlobeNewswire | 08/09/22 11:30 PM EDT

    Post Holdings, Inc. (POST) today announced the pricing of its previously announced offering of the Company?s 2.50% convertible senior notes maturing in 2027 to eligible purchasers. The Notes will be unsecured, senior obligations of the Company and will be guaranteed on the issue date by the Company?s subsidiaries that guarantee the Company?s existing senior notes.

  8. Post Holdings Announces Convertible Senior Notes Offering
    GlobeNewswire | 08/09/22 04:05 PM EDT

    Post Holdings, Inc. (POST) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400.0 million in aggregate principal amount of convertible senior notes maturing in 2027.

  9. Wisconsin Power and Light Company Prices Public Offering of Green Bonds
    GlobeNewswire | 08/08/22 05:01 PM EDT

    Wisconsin Power and Light Company, a wholly owned subsidiary of Alliant Energy Corporation (LNT), announced the pricing of its public offering of $600 million aggregate principal amount of 3.950% debentures.

  10. Infinera Completes $373.75 Million Convertible Senior Notes Offering and Repurchases Approximately $300 Million of 2024 Convertible Notes
    GlobeNewswire | 08/08/22 04:23 PM EDT

    Infinera (INFN) announced today the closing of its previously announced offering of 3.75% convertible senior notes due 2028 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

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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