News Results

  1. LoanCare? Receives Fitch Rating for Closed-End Second Lien Products
    PR Newswire | 08:00 AM EDT

    VIRGINIA BEACH, Va., April 15, 2024 ?LoanCare?,?LLC, a top U.S. mortgage subservicer, announced today that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. The rating validates LoanCare's comprehensive understanding of the complexities involved in servicing home equity lines of credit.

  2. Nuveen Announces Closing of $1.25 Billion Senior Notes Offering
    PR Newswire | 04/11/24 02:07 PM EDT

    NEW YORK, April 11, 2024 Nuveen, LLC announced today that it has closed an offering of $1.25 billion aggregate principal amount of senior unsecured notes which have been issued in two series: a series of 5.550% senior notes due 2030 in an aggregate principal amount of $500 million and a series of 5.850% senior notes due 2034 in an aggregate principal amount of $750 million.

  3. BLUE OWL CAPITAL ANNOUNCES SENIOR NOTES OFFERING
    PR Newswire | 04/11/24 09:21 AM EDT

    NEW YORK, April 11, 2024 Blue Owl Capital Inc. (OWL) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes, subject to market and other conditions.

  4. Vistra Prices Private Offerings of $500 Million of Senior Secured Notes and $1 Billion of Senior Unsecured Notes
    PR Newswire | 04/09/24 11:14 PM EDT

    IRVING, Texas, April 9, 2024 Vistra Corp. (VST) announced today the pricing of $500 million aggregate principal amount of senior secured notes due 2034 at a price to the public of 99.865% of their face value in a private offering and $1 billion aggregate principal amount of senior unsecured notes due 2032 at a price to the public of 100.000% of their face value in a concurrent private offering to qua...

  5. PT Asset Management Launches Actively Managed Short-Term Bond ETF (Ticker: STBF)
    PR Newswire | 04/09/24 11:21 AM EDT

    STBF is a diversified portfolio seeking to thrive in all markets, regardless of interest rates CHICAGO, April 9, 2024 ?PT Asset Management, LLC, a boutique fixed income asset manager with $7.7 billion in assets under management, proudly debuts its inaugural exchange traded fund, the Performance Trust Short Term Bond ETF, which began trading on the CBOE today.

  6. Vistra Announces Private Offerings of Senior Secured Notes and Senior Unsecured Notes
    PR Newswire | 04/09/24 08:58 AM EDT

    IRVING, Texas, April 9, 2024 Vistra Corp. (VST) announced today the launch of senior secured notes due 2034 and senior unsecured notes due 2032 in concurrent private offerings to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

  7. Russel Metals to Redeem All of its Outstanding 6% Senior Unsecured Notes Due March 16, 2026
    PR Newswire | 04/02/24 07:30 AM EDT

    TORONTO, April 2, 2024 Russel Metals Inc. (RUSMF) today gave notice to redeem its 6% senior unsecured notes due March 16, 2026 on May 2, 2024, at a price equal to 100% of the aggregate principal amount of the Notes to be redeemed plus accrued and unpaid interest thereon.

  8. Orexo announces that the condition for early redemption of its existing bonds has been fulfilled
    PR Newswire | 04/02/24 07:23 AM EDT

    UPPSALA,?Sweden, April 2, 2024 On March 13, 2024,?Orexo AB,???announced that the Company intends to redeem early the Company's existing senior unsecured bonds with maturity in February 2025.

  9. STAG INDUSTRIAL TO ISSUE $450 MILLION OF SENIOR UNSECURED NOTES AND REFINANCES TERM LOAN
    PR Newswire | 03/26/24 04:06 PM EDT

    BOSTON, March 26, 2024 STAG Industrial, Inc. (STAG) today announced that it entered into a note purchase agreement to issue $450 million of fixed rate senior unsecured notes in a private placement offering with a weighted average fixed interest rate of 6.17%. The transaction consists of $175 million of 6.05% notes with a five-year term maturing on May 28, 2029; $125 million of 6.17% notes with a seven...

  10. Ameren Missouri Announces Pricing of First Mortgage Bonds due 2034
    PR Newswire | 03/25/24 08:55 PM EDT

    ST. LOUIS, March 25, 2024 Union Electric Company, doing business as Ameren Missouri, a subsidiary of Ameren Corporation (AEE), announced today the pricing of a public offering of $500 million aggregate principal amount of 5.20% first mortgage bonds due 2034 at 99.685% of their principal amount.

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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