News Results

  1. AM Best Affirms Credit Ratings of RF&G Insurance Company Limited
    Business Wire | 01:14 PM EST

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of RF&G Insurance Company Limited . The outlook of these Credit Ratings is stable. The ratings reflect RF&G?s balance sheet strength, which AM Best categorizes as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  2. AM Best Assigns Issue Credit Ratings to The Allstate Corporation?s New Senior Unsecured Notes
    Business Wire | 10:11 AM EST

    AM Best has assigned Long-Term Issue Credit Ratings of ?a? to the recently issued $600 million 0.750% senior unsecured notes due 2025 and the $600 million 1.450% senior unsecured notes due 2030 of The Allstate Corporation. Following the debt issuance, AM Best expects Allstate?s financial leverage and interest coverage metrics to remain within the guidelines for its current ratings.

  3. BRIEF-S&P Says Peru 'BBB+/A-2' Foreign Currency Ratings Affirmed; Outlook Remains Stable
    Reuters | 11/23/20 08:48 PM EST

    S&P Global Ratings: * S&P SAYS PERU 'BBB+/A-2' FOREIGN CURRENCY RATINGS AFFIRMED; OUTLOOK REMAINS STABLE Source text : https://bit.ly/36ZxR4Q.

  4. Lumen announces pricing of private offering of Senior Notes
    PR Newswire | 11/23/20 06:10 PM EST

    DENVER, Nov. 23, 2020 ?Lumen Technologies*? announced that it has agreed to sell $1 billion aggregate principal amount of its unsecured 4.500% Senior Notes due 2029 pursuant to the private offering announced earlier today. The 2029 Notes were priced to investors at par and will mature on Jan. 15, 2029.

  5. Carnival Corporation & plc Announces Closing of an Equity Offering and Repurchase of Convertible Notes
    PR Newswire | 11/23/20 04:49 PM EST

    MIAMI, Nov. 23, 2020 Carnival Corporation?& plc?, today announced that Carnival Corporation (CCL) has closed its previously announced registered direct offering of 10.4 million shares of its common stock at a price of $17.59 per share to a holder of its 5.75% Convertible Senior Notes due 2023.

  6. Liberty Broadband Corporation Closes Private Offering of $825 Million of 1.25% Exchangeable Senior Debentures due 2050
    Business Wire | 11/23/20 04:15 PM EST

    Liberty Broadband Corporation (LBRDA) announced today that it has closed its previously announced private offering of $825 million aggregate original principal amount of its 1.25% exchangeable senior debentures due 2050 exchangeable for Charter Communications, Inc. Class A common stock, including Debentures in an aggregate original principal amount of $75 million issued pursuant to the exercise of an o...

  7. BRIEF-Republic Of Peru Files Prospectus Supplement Related To Potential Three-Part USD-Denominated Global Bonds Offering Size Not Disclosed - SEC Filing
    Reuters | 11/23/20 09:30 AM EST

    * REPUBLIC OF PERU FILES PROSPECTUS SUPPLEMENT RELATED TO POTENTIAL THREE-PART USD-DENOMINATED GLOBAL BONDS OFFERING; SIZE NOT DISCLOSED - SEC FILING Source text for Eikon: Further company coverage: [ ]

  8. Lumen announces proposed private offering of Senior Notes
    PR Newswire | 11/23/20 08:10 AM EST

    DENVER, Nov. 23, 2020 ?Lumen Technologies* announced that it plans to offer $750 million aggregate principal amount of fixed-rate, unsecured Senior Notes in a proposed private offering that will not be registered under the Securities Act of 1933, as amended.

  9. BRIEF-Carnival Plc Prices EUR 500 Mln Aggregate Principal Amount Of 7.625% Senior Unsecured Notes Due 2026
    Reuters | 11/23/20 03:12 AM EST

    Carnival PLC (CUK): * CARNIVAL - PRICED PRIVATE OFFERINGS OF $1,450 MILLION AGGREGATE PRINCIPAL AMOUNT OF 7.625% SENIOR UNSECURED NOTES DUE 2026. * CARNIVAL - PRICED EUR 500 MILLION AGGREGATE PRINCIPAL AMOUNT OF 7.625% SENIOR UNSECURED NOTES DUE 2026.

  10. BRIEF-Cellcom Israel Announces Preparation For Private Debt Offering In Israel
    Reuters | 11/23/20 02:42 AM EST

    Cellcom Israel Ltd (CEL): * CELLCOM ISRAEL ANNOUNCES PREPARATION FOR PRIVATE DEBT OFFERING IN ISRAEL. * CELLCOM ISRAEL (CEL) - BOARD INSTRUCTED CO TO PREPARE FOR A POTENTIAL PRIVATE OFFERING OF ADDITIONAL DEBENTURES FROM COMPANY'S EXISTING SERIES L DEBENTURES. * EXECUTION, TIMING, TERMS AND AMOUNT OF SUCH CONTEMPLATED OFFERING HAVE NOT YET BEEN DETERMINED.

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.

fir_news_results