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.
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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