LEXINGTON, Ky., Feb. 6, 2025 Mountain Life Insurance Company is pleased to announce that it has received an upgrade of its Financial Strength Rating to B+ and its Long-Term Issuer Credit Rating to "bbb-" by AM Best.
PLYMOUTH, Mich. The Notes offerings are expected to close on February 3, 2025, subject to customary closing conditions. Adient intends to use the net proceeds from this offering, together with cash on hand, to redeem its existing 4.875% senior unsecured notes due 2026 and to pay fees and expenses in connection with the foregoing.
PLYMOUTH, Mich. Adient intends to use the net proceeds from this offering, together with cash on hand, to redeem its existing 4.875% senior unsecured notes due 2026 and to pay fees and expenses in connection with the foregoing.
PHOENIX, Jan. 29, 2025 Trinity Capital Inc.?, a leading alternative asset manager, today announced that DBRS, Inc. a leading provider of independent investment insights, has confirmed its previously assigned investment grade credit rating of "BBB" with a stable outlook to the Company.
GALWAY, Ireland, Jan. 28, 2025 TE Connectivity plc (TEL) today announced that Tyco Electronics Group S.A., its indirect wholly-owned subsidiary, has priced an offering of ?750 million aggregate principal amount of its 3.250% senior notes due 2033.
CALGARY, AB, Jan. 28, 2025 Vermilion Energy Inc. (VET) today announced the pricing of its previously announced private offering of up to US$400 million of eight-year senior unsecured notes.
Proceeds from the offering of senior unsecured notes to be used to redeem $2.03 billion 10.375% senior priority notes due 2028? MIAMI, Jan. 28, 2025 /PRNewswire/ -- Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) priced its private offering of $2.0 billion aggregate principal amount of 6.125% senior unsecured notes due 2033.
VALDOSTA, Ga., Jan. 28, 2025 Arglass, LLC, a next-generation glass container manufacturer, announced today that the Senior Secured Notes issued by its operating subsidiary, Arglass V-F1, LLC, have been designated as Green Bonds by Morningstar Sustainalytics. Jose de Diego-Arozamena, Founder and CEO of Arglass, commented: "We are proud of this Green Bond designation for our Senior Notes.
MIAMI, Jan. 28, 2025 Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) commenced a private offering of new senior unsecured notes in an aggregate principal amount of $2.0 billion, expected to mature in 2033, to refinance the $2.03 billion 10.375% senior priority notes due 2028 of Carnival Holdings Limited, expecting to reduce interest expense, simplify its capital structure a...
CALGARY, AB, Jan. 28, 2025 ?Vermilion Energy Inc. (VET) announces its?intention to issue up to US$400 million aggregate principal amount of eight-year senior unsecured notes in a private offering to qualified institutional buyers, subject to market and other conditions.
SALT LAKE CITY, Jan. 16, 2025 Extra Space Storage Inc. (EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $350 million aggregate principal amount of additional 5.500% senior notes due 2030.
NEW YORK, Jan. 10, 2025 BMO and Canal Road Group today announced they are entering into a strategic partnership. CRG is an alternative asset manager specializing in originating, underwriting, and managing portfolios of senior secured corporate debt investments for companies in North America sourced largely from sponsors.
ATLANTA, Jan. 8, 2025 ?Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today announced that its indirect wholly-owned subsidiary, Novelis Corporation, is proposing to offer $500 million aggregate principal amount of its senior unsecured notes due 2030 in a private offering that is exempt from registration under the Securit...
DUBLIN, Jan. 6, 2025 AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, each a wholly-owned subsidiary of AerCap Holdings N.V. (AER), priced an offering of senior notes, consisting of $750 million aggregate principal amount of the Issuers' 4.875% Senior Notes due 2028 and $750 million aggregate principal amount of the Issuers' 5.375% Senior Notes due 2031.
NEW YORK, Dec. 20, 2024 Neuberger Berman, a private, independent, employee-owned investment manager, is pleased to announce the launch of two new actively managed ETFs: Neuberger Berman Total Return Bond ETF? and Neuberger Berman Growth ETF?. The new Neuberger Berman Total Return Bond ETF (NBTR) is a Core-plus fixed income portfolio seeking to outperform its benchmark over market cycles, driven by mu...
HAMILTON, Bermuda, Dec. 20, 2024 Reference is made to the announcement on 5 June 2024 made by Paratus Energy Services Ltd. (PLSVF) published on the Company's website regarding the successful placement of USD 500 million new senior secured bonds.
-????????? Repriced $1.4 Billion of Corporate Term Loans ??? -????????? Raised $783 Million of New Corporate Debt at Record Low Spreads? ? -????????? Extended Weighted Average Corporate Debt Maturity from 2.2 Years to 3.5 Years ? ? GREENWICH, Conn. "We have seen?a thawing in CRE capital markets that has created increased lending opportunities for our low-leverage, diversified business.
NEW YORK, Dec. 18, 2024 Safehold Inc. (SAFE) announced today that Fitch Ratings has upgraded its credit ratings on the Company to A- from BBB+, with a stable outlook.
ATLANTA, Dec. 18, 2024 Groundfloor Finance, Inc., a pioneer in alternative investing, is introducing the issuance of the first-ever deferred pay residential transition loan bond. As the first to securitize this product, Groundfloor is introducing a bond designed to appeal to institutional investors seeking differentiated credit opportunities.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
S&P Global Ratings upgraded ratings on two classes and affirmed ratings on three classes in PenFed Auto Receivables Owner Trust 2022-A. TYSONS, Va., Dec. 16, 2024 /PRNewswire/ -- PenFed Credit Union, the nation's second-largest federal credit union, received notable upgrades on the ratings of the bonds issued through its inaugural prime auto loan securitization offering PenFed Auto Receivables ...
ATLANTA, Dec. 12, 2024 Cousins Properties Incorporated (CUZ) announced today that its operating partnership, Cousins Properties LP, has priced an offering of $400 million aggregate principal amount of 5.375% senior unsecured notes due 2032 at 99.463% of the principal amount.
LAS VEGAS, Dec. 12, 2024 CleanSpark, Inc. (CLSK), America's Bitcoin Miner?, today announced that it intends to offer, subject to market conditions and other factors, $550 million aggregate principal amount of convertible senior notes due 2030 to the initial purchasers for resale in a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the...
LEXINGTON, Ky., Dec. 11, 2024 Ramaco Resources,?Inc. announced today that the underwriters of its previously announced public offering of 8.375% Senior Notes due 2029 exercised their over-allotment option on December 9, 2024, resulting in the issuance of an additional $7,500,000 aggregate principal amount of the Notes. The Notes will mature on November?30, 2029, unless redeemed prior to maturity.
C$ unless otherwise stated????????????????????????????????????????????TSX/NYSE/PSE:?MFC?????SEHK: 945. TORONTO?, Dec. 9, 2024 Manulife has been notified of an unsolicited mini-tender offer made by New York Stock and Bond LLC to purchase up to 50,000 Manulife common shares, or less than 0.003% of the common shares outstanding, at a price of USD$12.50 per share.
MECHANICSBURG, Pa., Dec. 3, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation, a wholly-owned subsidiary of Holdings, has completed a private offering of $550.0 million in aggregate principal amount of its 6.250% senior notes due 2032.
SALT LAKE CITY, Dec. 2, 2024 Extra Space Storage Inc. (EXR), a leading owner and operator of self-storage facilities in the United States and a member of the S&P 500, today announced that its operating partnership, Extra Space Storage LP, has priced a public offering of $300 million aggregate principal amount of additional 5.700% senior notes due 2028.
MINNEAPOLIS, Dec. 2, 2024 Xcel Energy Inc. (XEL) announced today the commencement of offers to purchase for cash up to $110,000,000 aggregate principal amount of the outstanding first mortgage bonds issued by Northern States Power Company, a Minnesota corporation, a wholly owned subsidiary of Xcel Energy (XEL), listed in the table below.
LEXINGTON, Ky., Nov. 27, 2024 Ramaco Resources,?Inc. announced today the closing of its previously announced public offering of senior unsecured notes due 2029. The gross proceeds to the Company from the Offering, before deducting commissions and expenses, were approximately $50 million.
DENVER, Nov. 26, 2024 Lumen Technologies, Inc. (LUMN) announced today the expiration and results of the cash tender offers of Lumen and its indirect, wholly-owned subsidiary Level 3 Financing, Inc. to purchase any and all of their respective outstanding senior unsecured notes maturing in 2028 identified in the table below pursuant to the terms and subject to the conditions set forth in an Offer to Pur...
LEXINGTON, Ky., Nov. 21, 2024 Ramaco Resources, Inc. (METCB) announced today that it has priced its previously announced public offering of senior unsecured notes due 2029. The gross proceeds to the Company from the offering, before deducting commissions and expenses, will be approximately $50 million, or approximately $57.5 million if the underwriters exercise their option in full.
NORFOLK, Va., Nov. 20, 2024 PRA Group, Inc. (PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030, which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction t...
LEXINGTON, Ky., Nov. 20, 2024 Ramaco Resources, Inc. (METCB), an operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and future developer of rare earth and critical minerals in Wyoming, announced today that it plans to offer senior unsecured notes due 2029 in a registered underwritten public offering.
MECHANICSBURG, Pa. ?, Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation, a wholly-owned subsidiary of Holdings, has priced a private offering of $550.0 million in aggregate principal amount of its 6.250% senior notes due 2032.
CALGARY, AB, Nov. 18, 2024 NOVA Chemicals Corporation announced today the pricing of a private offering of $400 million of senior unsecured notes, structured as 7-year non-call 3-years.
Sustainability Bonds Rated 'A+' by S&P Global Ratings, Enable Growth for Loan Fund BOSTON, Nov. 18, 2024 /PRNewswire/ -- BlueHub Capital today announces its affiliate, BlueHub Loan Fund, a leading national nonprofit community development financial institution, successfully issued $86.8 million of Sustainability Bonds in its second public debt offering.
CALGARY, AB, Nov. 18, 2024 NOVA Chemicals Corporation announced today that it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2031 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
MECHANICSBURG, Pa., Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation has commenced a private offering, subject to market and other customary conditions, of $850 million in aggregate principal amount of senior notes due 2032.
NEW YORK, Nov. 12, 2024 Safehold Inc. (SAFE) today announced that its operating company, Safehold GL Holdings LLC, has priced a public offering of $400 million aggregate principal amount of its 5.650% senior notes due 2035?. The Notes will mature on January 15, 2035. The offering is expected to settle on November 14, 2024, subject to the satisfaction of customary closing conditions.
NEW YORK, Nov. 12, 2024 W. P. Carey Inc. announced today that it has priced an underwritten public offering of ?600 million aggregate principal amount of 3.700% Senior Notes due 2034. Interest on the Notes will be paid annually on November 19 of each year, beginning on November 19, 2025. The offering of the Notes is expected to settle on November 19, 2024, subject to customary closing conditions.
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.