News Results

  1. Why Fortuna Silver Mines (FSM) Stock Is Diving
    Benzinga | 06/05/24 11:25 AM EDT

    Fortuna Silver Mines Inc (FSM) shares are trading lower by 15% to $5.02 during Wednesday?s session after the company announced an offering of convertible senior notes worth $150 million, due in 2029, with an option for initial purchasers to buy an additional $22.5 million in notes.

  2. Lenovo To Issue $2B In Zero-Coupon Convertible Bonds To Saudi Crown Prince's Sovereign Wealth Fund
    Benzinga | 05/29/24 05:45 AM EDT

    Lenovo Group Ltd. (LNVGF) has decided to issue $2 billion worth of zero-coupon convertible bonds to Saudi Arabia Crown Prince Mohammed Bin Salman?s sovereign wealth fund. What Happened: The convertible bonds will be issued to Alat, an investment firm backed by the Public Investment Fund of Saudi Arabia, at an initial conversion price of HK$10.42 per share, Bloomberg reported on Wednesday.

  3. Kyushu Electric Raises $191M With Japan's First Nuclear-Focused Environmental Bond
    Benzinga | 05/28/24 05:11 AM EDT

    Japan?s Kyushu Electric Power Co. (KYSEF) has successfully raised ?30 billion from Japan?s inaugural environmental bond designated solely for nuclear projects, marking a significant milestone for the nuclear energy sector in the country.

  4. Alibaba To Raise $4.5B Through Convertible Bonds For Share Buybacks Amid Fierce Competition, Slow Recovery
    Benzinga | 05/24/24 02:36 AM EDT

    In a bid to fund share repurchases, Alibaba Group Holding Ltd (BABA) has announced a $4.5 billion convertible bond issue. What Happened: Alibaba (BABA) plans to issue convertible senior notes maturing in seven years with a coupon of 0.5%, reported The Wall Street Journal.

  5. AMC Bonds Hold Gains After Meme Stock Selloff: Is It A Better Bet Than Buying Shares?
    Benzinga | 05/21/24 03:33 PM EDT

    Shares of AMC Entertainment Holdings Inc. (AMC) have experienced extreme volatility in recent weeks, ignited by the return of Keith Gill?also known as Roaring Kitty ? to social media.

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.