FirstService Corporation (FSV) announced today that it has entered into two new revolving, uncommitted financing facilities for potential future private placement issuances of senior unsecured notes aggregating US$450 million with its existing lenders, NYL Investors LLC of up to US$150 million and PGIM Private Capital, the direct private debt and structured equity investment affiliate of PGIM, Inc., ...
Lineup of October Buffer ETFs? have exhibited decreased downside and volatility relative to reference assets in the current outcome period marked by significant market losses Flagship Innovator U.S. Equity Buffer ETFs? ? BOCT, POCT, UOCT ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting October 1st Q4 cap ranges annou...
THUNDER ENERGIES CORP (TNRG) has announced the engagement of George Law Group, Columbus, Ohio, as special bond counsel for a large, several hundred-million-dollar, debt issuance of investment grade instruments for the publicly traded entity. George Law is a national boutique law firm with specialized practice areas including private debt financing.
Sarepta Therapeutics, Inc. (SRPT), the leader in precision genetic medicine for rare diseases, today announced the pricing of $980.0 million aggregate principal amount of convertible senior unsecured notes that will mature on September 15, 2027, unless earlier redeemed, repurchased or converted.
Transocean Ltd. (RIG) announced today that it has executed privately negotiated exchange and purchase agreements relating to certain of the 0.50% Exchangeable Senior Bonds due 2023 and certain of the 7.25% Senior Notes due 2025 issued by Transocean Inc., Transocean?s wholly-owned subsidiary.
? With current cash and projected revenue, offering is expected to fund operations to profitability Sarepta Therapeutics, Inc. (SRPT), the leader in precision genetic medicine for rare diseases, today announced that it intends to offer, subject to market and other conditions, $1.0 billion aggregate principal amount of convertible senior unsecured notes that will mature on September 15, 2027, unless ea...
5.25% Sustainability-Linked Notes, Series CAG due November 15, 2032 5.65% Notes, Series CAH due September 13, 2052 5.00% Notes, Series CAI due September 13, 2029 TELUS (TU) announced today it has priced $2.0 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity.
Ad hoc announcement pursuant to Art. Basel/Allschwil, Switzerland, September 07, 2022 Basilea Pharmaceutica Ltd, a commercial-stage biopharmaceutical company committed to meeting the needs of patients with severe bacterial and fungal infections, announced today that is has entered into a senior secured loan agreement with funds managed by Athyrium Capital Management, LP.
Leuven, BELGIUM, Boston, MA, US ? September 2, 2022 ? CET 10:30PM ? Oxurion NV a biopharmaceutical company developing next generation standard of care ophthalmic therapies, with clinical stage assets in vascular retinal disorders, announced today that it has amended its mandatory convertible bonds issuance and subscription agreement announced on April 6, 2021 with the Negma Group, a financial i...
? All Series of Senior Notes which are Subject to a Special Mandatory Redemption Will Have the Special Mandatory Redemption Date Extended to December 31, 2023 ? Extension of Special Mandatory Redemption Date Ensures Bond Financing Remains in Place if Closing of Shaw Transaction Takes Place in 2023 TORONTO, Aug. 31, 2022 -- ?Rogers Communications Inc. (RCIAF) today announced that, in connection with its...
Kroll Bond Rating Agency has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (WSFS). ?For the seventh consecutive year, WSFS has received a strong debt rating.
Assertio Holdings, Inc. (ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announced the pricing of its offering of $60 million aggregate principal amount of 6.50% convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Assertio Holdings, Inc. (ASRT), a specialty pharmaceutical company offering differentiated products to patients, today announced its intention to offer, subject to market and other conditions, $60 million aggregate principal amount of convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Fairfax Financial Holdings Limited (FRFHF) has completed its previously announced offering of US$750 million in aggregate principal amount of 5.625% Senior Notes due 2032. Fairfax intends to use substantially all of the net proceeds of this offering to purchase a portion of the non-controlling interests in Allied World Assurance Company Holdings, Ltd, and use any remainder for general corporate purposes.
Cerevel Therapeutics Holdings, Inc. (CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today the pricing of its previously announced private offering of $300.0 million aggregate principal amount of 2.50% convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securi...
Cerevel Therapeutics Holdings, Inc. (CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today the pricing of its previously announced underwritten public offering of 7,250,000 shares of its common stock at a public offering price of $35.00 per share, or approximately $253.8 million of shares of its common stock.
Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$750,000,000 of Fairfax?s Senior Notes due 2032 at an issue price of 99.856%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 5.625% per annum.
Cerevel Therapeutics Holdings, Inc. (CERE), a company dedicated to unraveling the mysteries of the brain to treat neuroscience diseases, announced today that it has commenced a private offering of $250.0 million aggregate principal amount of convertible senior notes due 2027 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as a...
Tokio Marine HCC today announced that Fitch Ratings has affirmed the ?AA-? Insurer Financial Strength Ratings for its insurance company subsidiaries and the ?A? Long-Term Issuer Default Rating for HCC Insurance Holdings, Inc. The outlook for all of Fitch?s ratings is Stable.
C-Bond Systems (CBNT), a nanotechnology solutions company, today announced that a private school in Uvalde, TX, has placed an order for security film from Patriot Glass Solutions, a division of C-Bond Systems.
Post Holdings, Inc. (POST) today announced the pricing of its previously announced offering of the Company?s 2.50% convertible senior notes maturing in 2027 to eligible purchasers. The Notes will be unsecured, senior obligations of the Company and will be guaranteed on the issue date by the Company?s subsidiaries that guarantee the Company?s existing senior notes.
Post Holdings, Inc. (POST) today announced that it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $400.0 million in aggregate principal amount of convertible senior notes maturing in 2027.
Wisconsin Power and Light Company, a wholly owned subsidiary of Alliant Energy Corporation (LNT), announced the pricing of its public offering of $600 million aggregate principal amount of 3.950% debentures.
Infinera (INFN) announced today the closing of its previously announced offering of 3.75% convertible senior notes due 2028 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
All amounts in this press release are in U.S. dollars unless otherwise indicated. MONTR?AL, Aug. 04, 2022 -- Bombardier announced today strong financial results for the second quarter of 2022, marked by continued steady demand for new aircraft, strong aftermarket performance, robust free cash flow generation, and one of the industry?s highest backlogs.
Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced today that it completed its previously announced private placement of $45 million of 4.67% Series SS senior unsecured notes and $20 million of 5.07% Series T mandatory redeemable preferred shares.
Capital Product Partners L.P. (CPLP), an international owner of ocean-going vessels, today announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, has successfully priced its previously announced offering of ?100 million of unsecured bonds in Greece.
Enact Holdings, Inc. (ACT) a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that Moody?s Investors Service upgraded the insurance financial strength rating for its flagship insurance subsidiary ? Enact Mortgage Insurance Corporation - to Baa1 from Baa2, and Enact?s long-term issuer rating and senior unsecured debt rating to Ba1 from Ba2.
Legion Capital Corporation (LGCP), a fintech-enabled private equity lender serving small to medium sized businesses and real estate developers, today announced the re-qualification of their $75 million Reg A+ offering.
Capital Product Partners L.P. (CPLP), an international owner of ocean-going vessels, today announced that its wholly owned subsidiary, CPLP Shipping Holdings PLC, plans to offer in Greece up to ?100 million of unsecured bonds which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange.
BALT?s conservative investment strategy negated the impact of domestic stock market drawdown in recent quarters, worst first half for large cap-equities since 19701 Flows and over 200% AUM growth YTD suggest BALT?s defensive equity strategy appeals to advisors amidst historic drawdown in bonds, stock bear market2 4th consecutive year Innovator has won the Newcomer Alternative ETF award category...
LPL Financial LLC? today announced that the firm?s ?Midyear Outlook 2022? is now available in an interactive digital version and as a downloadable PDF. Key insights and forecasts discussed in the Midyear Outlook 2022 report include: Economy: Slow Growth. Inflation: Cool Down. Stocks: Strong Headwinds. Bonds: Value Proposition.
Bombardier Inc. today announced that as of August 1, 2022, its Series 3 Preferred Shares will pay, on a quarterly basis, as and when declared by the Board of Directors of Bombardier Inc., cash dividends for the following five years that will be based on a fixed rate equal to the product of the average of the yields to maturity that would be carried by a Government of Canada bond with a five-yea...
MADRID, Spain and CAMBRIDGE, Mass., July 05, 2022 -- Oryzon Genomics, S.A. (ORYZF), a clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today the entry into a convertible bonds financing agreement with Nice & Green in bonds convertible into new shares for a total amount of ?20 Million.
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.
Log In Required
Line of Credit Log In Required
Publication Date