Stellantis NV (STLA): * LEASYS PRICES EURO 500 MILLION EURO MEDIUM TERMS NOTE PROGRAMME ISSUANCE. * UNSECURED SENIOR DEBT SECURITIES DUE AUGUST 2027, WITH FIXED RATE COUPON SET AT 2.875% Source text: https://tinyurl.com/895tw5ua Further company coverage:
Mexican breadmaker Grupo Bimbo on Wednesday announced a bond issuance on the local market for 15 billion pesos, in two series maturing in three and seven years. Bimbo said it would use the proceeds from the debt offering, which was met with a demand of some 22 billion pesos, for regular operations including investments, working capital and refinancing of liabilities.
* STATE OF ISRAEL FILES PRICING TERM SHEET RELATED TO OFFERING OF US$2.5 BILLION 5.375% BONDS DUE 2030, US$2.5 BILLION 5.625% BONDS DUE 2035 -SEC FILING Source text: Further company coverage: [ ]
The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if U.S. President Donald Trump slashed his country's support for them, credit rating agency Moody's has warned.
The triple-A ratings of the World Bank and other top multilateral lenders would be at risk if U.S. President Donald Trump slashed his country's support for them, credit rating agency Moody's has warned, adding such a move was unlikely.
Fitch: * FITCH REVISES GUATEMALA'S OUTLOOK TO POSITIVE; AFFIRMS RATING. * FITCH: US TRADE PROTECTIONISM, MIGRATION POLICIES ARE SOURCE OF UNCERTAINTY, BUT EXPECTS GUATEMALA TO AVOID NEGATIVE SCENARIOS. * FITCH: GUATEMALA OUTLOOK REFLECTS EXPECTATIONS OF GROWTH MOMENTUM & STABILITY, POLICY PRUDENCE, CURRENT ACCOUNT SURPLUSES SUPPORTING EXTERNAL BUFFERS Source text:
- U.S. drugstore chain Walgreens Boots Alliance (WBA) said on Thursday it has sold more shares in drug distributor Cencora (COR) for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora (COR), trimming it down from 10% it previously held.
U.S. drugstore chain Walgreens Boots
Alliance (WBA) said on Thursday it has sold more shares in drug distributor Cencora (COR) for proceeds of about $300 million. The company said that it now owns a 6% stake in Cencora (COR), trimming it down from 10% it previously held.
Congressional Republicans emerged from a five-hour meeting with President. Donald Trump. on Thursday without having reached an deal on how to extend his sweeping tax cuts, though senior lawmakers said they believed they were close to agreement.
Healthpeak Properties Inc (DOC): * HEALTHPEAK PRICES OFFERING OF $500.0 MILLION OF 5.375% SENIOR UNSECURED NOTES DUE 2035 Source text: Further company coverage:
The U.S. move to freeze billions in financial aid boosts the need for New York State to alter a law in support of countries struggling to pay back debt, Nobel Prize laureate Joseph Stiglitz told Reuters.
PennyMac Mortgage Investment Trust (PMT) : * PENNYMAC MORTGAGE INVESTMENT TRUST ANNOUNCES PRICING OF PUBLIC OFFERING OF SENIOR NOTES. * PennyMac Mortgage Investment Trust (PMT): PRICED UNDERWRITTEN PUBLIC OFFERING OF $150MLN AGGREGATE PRINCIPAL AMOUNT OF ITS 9.00% SENIOR NOTES DUE 2030 Source text: Further company coverage:
Compania de Minas Buenaventura SAA (BVN) : * BUENAVENTURA ISSUES 144A/REG S OFFERING OF US$650 MILLION SENIOR UNSECURED NOTES DUE 2032. * Compania de Minas Buenaventura SAA (BVN) - PROCEEDS TO REFINANCE 5.500% SENIOR NOTES DUE 2026 AND FOR GENERAL PURPOSES Source text: Further company coverage:
Romania's finance minister said on Saturday he saw no chance of a ratings agency downgrade to below investment level this year even as fiscal overspend and a cancelled presidential election prompted Fitch and S&P to cut the country's outlook to negative.
Britain's financial watchdog laid out plans on Friday to make it easier for retail investors and wealth managers to buy corporate bonds and for companies to raise capital from these smaller investors.
Suriname's state-owned energy company Staatsolie on Friday launched a new offer of debt bonds maturing in 2033, hoping to raise $250 million and 50 million euros to fund its participation in a key project off the country's coast, the company said.
* High interest rates boost banks' net interest margins. * Lending growth slows due to soaring borrowing costs. * Cenbank official: Don't compare results with 'exceptional' 2023. * Corporate non-performing loans increased 4.1%, bank says. By Elena Fabrichnaya and Alexander Marrow.
Citigroup Global Markets Holdings: * CITIGROUP GLOBAL MARKETS HOLDINGS INC. - ISSUE OF EUR 375,000,000 CASH SETTLED EXCHANGEABLE BONDS DUE FEBRUARY 2030 REFERABLE TO THE SHARES OF AIRBUS SE. * CITIGROUP GLOBAL MARKETS HOLDINGS: OFFERING OF GUARANTEED CASH-SETTLED EXCHANGEABLE BONDS DUE FEB 2030 OF MINIMUM EUR 375 MILLION & MAXIMUM EUR 400 MILLION Source text: Further company coverage:
Moody's: * MOODY'S RATINGS CONFIRMS BAA3 SENIOR UNSECURED RATING OF THE BOEING COMPANY (BA); OUTLOOK NEGATIVE. * MOODY'S: BOEING'S NEGATIVE OUTLOOK REFLECTS POTENTIAL FOR BOTTLENECKS TO SLOW PACE OF INCREASES IN MONTHLY PRODUCTION OF 737S & DELIVERIES OF 787S.
* S&P SAYS ROMANIA 'BBB-/A-3' RATINGS AFFIRMED; OUTLOOK REVISED TO NEGATIVE FROM STABLE ON HIGHER FISCAL AND EXTERNAL RISKS. * S&P: NEGATIVE OUTLOOK REFLECTS OUR VIEW OF RISING RISKS TO ROMANIA'S PUBLIC FINANCES OVER NEXT SEVERAL YEARS.
* MOODY'S: CHANGE IN KENYA'S OUTLOOK DRIVEN BY INCREASING LIKELIHOOD OF LIQUIDITY RISKS EASING, DEBT AFFORDABILITY IMPROVING OVER TIME. * MOODY'S: KENYA'S RATING AFFIRMATION REFLECTS STILL ELEVATED CREDIT RISKS Source text: Further company coverage: [ ]
Global ratings agency Moody's revised Kenya's outlook to "positive" from "negative" on Friday, citing a potential ease in liquidity risks and improving debt affordability overtime. The agency affirmed Kenya's local and foreign-currency long-term issuer ratings at "Caa1".
Ratings firm Moody's slashed Britain's Thames Water's corporate family rating on Thursday, its second downgrade on the troubled water provider in nearly four months, taking it deeper into junk territory. The CFR of debt-laden Thames Water has been downgraded to "Caa3" from "Caa1". In September, Moody's had cut Thames Water to "Caa1" from "Ba2", which is considered a junk rating.
Ratings firm Moody's again downgraded Britain's Thames Water's corporate family rating deeper into junk territory on Thursday. The CFR of debt-laden Thames Water has been downgraded to "Caa3" from "Caa1". Last year, Moody's had downgraded Thames Water to "Caa1" from "Ba2", which is considered a junk rating.
* Scope warns UK's AA rating may be at risk if gilt sell-offs continue. * Worry is over risk that gilts, sterling could be losing safe-haven status. * UK debt nearly 100% of GDP, borrowing surged in December. By Marc Jones.
Corem Property Group AB: * COREM PROPERTY GROUP AB ISSUES SENIOR UNSECURED GREEN BONDS. * COREM PROPERTY GROUP AB - ISSUED NEW SENIOR UNSECURED GREEN BONDS OF SEK 1 BILLION. * COREM PROPERTY GROUP AB- NEW GREEN BONDS WERE ISSUED UNDER A FRAMEWORK OF SEK 2 BILLION, HAVE A TENOR OF 3.25 YEARS AND MATURES ON 28 APRIL 2028 Source text: Further company coverage:
* James Longsdon says should have better view of US by summer. * Fitch already has tariff assumptions baked into ratings. * UK rating has more 'headroom' that France's for now. By Marc Jones.
Rating agencies Fitch and S&P Global downgraded Property developer China Vanke on Monday as the company sinks further into a liquidity crunch within a struggling property sector in China.
* James Longsdon says should have better view of US by summer. * Fitch already has tariff assumptions baked into ratings. * UK rating has more 'headroom' that France's for now. By Marc Jones.
Scorpio Tankers Inc (SBBA): * ANNOUNCES SUCCESSFUL PLACEMENT OF 5-YEAR SENIOR UNSECURED BONDS. * PLACED USD 200 MILLION OF NEW SENIOR UNSECURED BONDS IN NORDIC BOND MARKET. * NET PROCEEDS FROM BOND ISSUE SHALL BE USED TO REFINANCE EXISTING USD 70.6 MILLION SENIOR UNSECURED NOTES.
-Property developer China Vanke told some investors on Wednesday that it had no plans to extend the maturity dates of its bonds amid a market sell-off, financial news outlet REDD reported, citing two persons briefed by the company on the matter.
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.