News Results

  1. S&P, Fitch lower Ukraine's foreign currency rating
    Reuters | 08/12/22 05:34 PM EDT

    Global rating agencies S&P and Fitch on Friday lowered Ukraine's foreign currency ratings, saying they consider the country's debt restructuring as distressed.

  2. BRIEF-Cerevel Therapeutics announces pricing of $254 million public offering of common stock and concurrent $300 million private offering of convertible senior notes
    Reuters | 08/12/22 06:08 AM EDT

    Cerevel Therapeutics Holdings Inc (CERE) : * CEREVEL THERAPEUTICS ANNOUNCES PRICING OF $254 MILLION PUBLIC OFFERING OF COMMON STOCK AND CONCURRENT $300 MILLION PRIVATE OFFERING OF CONVERTIBLE SENIOR NOTES. * CEREVEL THERAPEUTICS (CERE) - PRICING OF PREVIOUSLY ANNOUNCED UNDERWRITTEN PUBLIC OFFERING OF 7,250,000 SHARES OF ITS COMMON STOCK AT A $35.00 PER SHARE Source text for Eikon: Further company coverage:

  3. BRIEF-S&P Says Panama 'Bbb/A-2' Ratings Affirmed
    Reuters | 08/10/22 05:41 PM EDT

    S&P: * S&P SAYS PANAMA 'BBB/A-2' RATINGS AFFIRMED; OUTLOOK REMAINS NEGATIVE.

  4. BRIEF-Texas Instruments Prices $700 Million Of Investment Grade Notes
    Reuters | 08/10/22 05:38 PM EDT

    Texas Instruments Inc (TXN): * TEXAS INSTRUMENTS PRICES $700 MILLION OF INVESTMENT GRADE NOTES. * TEXAS INSTRUMENTS (TXN) - PRICED $400 MILLION OF 3.650% SENIOR UNSECURED NOTES DUE AUGUST 16, 2032. * TEXAS INSTRUMENTS (TXN) - PRICED $300 MILLION OF 4.100% SENIOR UNSECURED NOTES DUE AUGUST 16, 2052 Source text for Eikon: Further company coverage:

  5. BRIEF-Fitch Downgrades Ghana To 'Ccc'
    Reuters | 08/10/22 09:09 AM EDT

    Fitch: * FITCH DOWNGRADES GHANA TO 'CCC' * FITCH SAYS DOWNGRADED GHANA'S LONG-TERM FOREIGN-CURRENCY ISSUER DEFAULT RATING TO 'CCC' FROM 'B-' * FITCH SAYS DOWNGRADE REFLECTS DETERIORATION OF GHANA'S PUBLIC FINANCES, WHICH HAS CONTRIBUTED TO A PROLONGED LACK OF ACCESS TO EUROBOND MARKETS. * FITCH SAYS ESTIMATES THAT GHANA FACES USD2.75 BILLION OF EXTERNAL DEBT SERVICING IN 2022.

  6. BRIEF-Meta Platforms Inc Raises $10 bln in bond offering
    Reuters | 08/09/22 06:32 PM EDT

    Meta Platforms Inc (META): * Meta Platforms Inc (META) - ON AUGUST 9, ENTERED INTO AN INDENTURE AND A SUPPLEMENTAL INDENTURE WITH U.S. BANK TRUST COMPANY, NATIONAL ASSOCIATION, AS TRUSTEE. * Meta Platforms Inc (META) - PURSUANT TO INDENTURE COMPANY ISSUED $2.75 BILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 3.500% SENIOR UNSECURED NOTES DUE 2027.

  7. Meta raises $10 billion in first-ever bond offering
    Reuters | 08/09/22 05:32 PM EDT

    - Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  8. Meta raises $10 billion in first-ever bond offering
    Reuters | 08/09/22 05:29 PM EDT

    Facebook-parent Meta Platforms Inc (META) said on Tuesday it had raised $10 billion in its first-ever bond offering, as it looks to fund share buybacks and investments to revamp its business.

  9. Ecuador's debt payments not affected by Luxembourg asset freeze - government says
    Reuters | 08/09/22 12:48 PM EDT

    Ecuador's capacity to meet its external debt obligations has not been affected by a Luxembourg court's decision to freeze the country's assets amid a dispute with oil company Perenco, the economy ministry said on Tuesday. Ecuador has "promptly complied" with interest and amortization payments on bonds for $185.7 million, which were due on July 31, the ministry said in a statement.

  10. BRIEF-Wisconsin Power And Light Company Prices Public Offering Of Green Bonds
    Reuters | 08/08/22 06:22 PM EDT

    Alliant Energy Corp (LNT): * WISCONSIN POWER AND LIGHT COMPANY PRICES PUBLIC OFFERING OF GREEN BONDS. * WISCONSIN POWER AND LIGHT COMPANY- PRICING OF PUBLIC OFFERING OF $600 MILLION 3.950% DEBENTURES. * WISCONSIN POWER AND LIGHT COMPANY - DEBENTURES WILL BE DUE ON SEPTEMBER 1, 2032 Source text for Eikon: Further company coverage:

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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