News Results

  1. Kodiak Gas Services Announces Upsizing and Pricing of $1,000,000,000 Senior Unsecured Notes Offering
    Business Wire | 07:30 PM EDT

    Kodiak Gas Services, Inc. (KGS) today announced that its subsidiary, Kodiak Gas Services, LLC, priced its previously announced private offering of $1.0 billion in aggregate principal amount of 5.875% senior unsecured notes due 2031.

  2. California Resources Prices Offering of Senior Notes due 2034
    MT Newswires | 05:52 PM EDT

    California Resources (CRC) said late Wednesday it priced an upsized private offering of $350 million of 7% senior unsecured notes due 2034. The offering is expected to be completed on March 23, subject to closing conditions, according to a statement. Net proceeds will be used to redeem $350 million of its 8.25% senior unsecured notes due 2029, the company said.

  3. Baker Hughes Issues Senior Notes
    MT Newswires | 05:44 PM EDT

    Baker Hughes (BKR) said late Wednesday it has issued $6.50 billion in debt consisting of five tranches of senior unsecured notes, including $500 million of 4.050% notes due 2029. The firm said it also issued 3 billion euros in debt consisting of four tranches of senior unsecured notes, including 600 million euros of 3.226% notes due 2030.

  4. AM Best Upgrades Credit Ratings for Members of CapSpecialty Insurance Group
    Business Wire | 05:26 PM EDT

    AM Best has upgraded the Financial Strength Rating to A+ from A and the Long-Term Issuer Credit Ratings to ?aa-? from ?a+? of Capitol Indemnity Corporation, Capitol Specialty Insurance Corporation and Platte River Insurance Company, collectively known as CapSpecialty Insurance Group.

  5. California Resources Corporation Announces Pricing of Upsized Private Offering of $350 Million of Additional 7.000% Senior Unsecured Notes due 2034
    GlobeNewswire | 05:24 PM EDT

    California Resources Corporation (CRC) announced today the pricing of an upsized private offering of $350 million in aggregate principal amount of its 7.000% senior unsecured notes due 2034.

  6. Baker Hughes Successfully Issues $6.5 Billion and ?3 Billion of Senior Notes
    GlobeNewswire | 05:05 PM EDT

    Baker Hughes Company (BKR) today successfully issued $6.5 billion in debt consisting of five tranches of senior unsecured notes and ?3 billion in debt consisting of four tranches of senior unsecured notes: The notes were issued by Baker Hughes? wholly owned subsidiary, Baker Hughes Holdings LLC and by BHH LLC?s wholly owned subsidiary Baker Hughes Holdings Co-Obligor, Inc., and are fully and uncondit...

  7. FICO Announces Pricing of $1.0 Billion in Senior Notes
    Business Wire | 04:45 PM EDT

    Fair Isaac Corporation (FICO) announced today that it priced $1.0 billion in aggregate principal amount of 6.250% Senior Notes due 2034 in a private offering that is exempt from registration under the Securities Act of 1933, as amended.

  8. Research Alert: CFRA Maintains Strong Buy Opinion On Shares Of Salesforce, Inc.
    MT Newswires | 04:10 PM EDT

    CFRA, an independent research provider, has provided MT Newswires with the following research alert. CRM announces its largest-ever bond sale, a $25B eight-part offering with maturities ranging from two to 40 years, marking the company's first U.S. investment-grade debt issuance since 2021. MT Newswires does not provide investment advice.

  9. AM Best Affirms Credit Ratings of Seguros Monterrey New York Life, S.A. de C.V.
    Business Wire | 03:42 PM EDT

    AM Best has affirmed the Financial Strength Rating of A++, the Long-Term Issuer Credit Rating of ?aa+? and the Mexico National Scale Rating of ?aaa.MX? of Seguros Monterrey New York Life, S.A. de C.V.. The outlook of these Credit Ratings is stable.

  10. BRIEF-Fitch Ratings Raises Its Near-Term Oil And Gas Price Assumptions
    Reuters | 01:23 PM EDT

    Fitch: * FITCH RATINGS RAISES ITS NEAR-TERM OIL AND GAS PRICE ASSUMPTIONS. * FITCH ON OIL & GAS PRICE: SEE CURRENT SPIKE IN PRICES TO BE FOLLOWED BY DROP TO LEVELS DRIVEN BY MARKET FUNDAMENTALS ONCE STRAIT OF HORMUZ REOPENS Source text:

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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