News Results

  1. Parsons Announces Pricing Of $700.0 Million Of Convertible Senior Notes Due 2029; Enters into Concurrent Capped Call Transactions to Offset Potential Dilution
    GlobeNewswire | 02/22/24 07:00 AM EST

    Parsons Corporation (PSN) announced today the pricing of its private offering of $700.0 million aggregate principal amount of its 2.625% convertible senior notes due 2029. The notes will be senior unsecured obligations of Parsons. The initial conversion rate for the notes is 10.6256 shares of Parsons? common stock per $1,000 principal amount of notes.

  2. Parsons Announces Offering Of $700.0 Million Of Convertible Senior Notes Due 2029
    GlobeNewswire | 02/21/24 04:58 PM EST

    Parsons Corporation (PSN) announced today that it intends to offer, subject to market and other conditions, $700.0 million aggregate principal amount of convertible senior notes due 2029 in a private placement.?Parsons also expects to grant the initial purchasers in the offering an option to purchase, for settlement within a 13-day period beginning on, and including, the date on which the notes are f...

  3. Kayne Anderson Energy Infrastructure Fund Prices Private Placement of $75 Million of Notes
    GlobeNewswire | 02/21/24 04:30 PM EST

    Kayne Anderson Energy Infrastructure Fund, Inc. (KYN) announced today that it reached an agreement with institutional investors relating to a private placement of $75 million of senior unsecured notes. Net proceeds will be used to refinance existing leverage and for general corporate purposes.

  4. Avis Budget Group Announces Pricing of ?600 Million of Senior Notes
    GlobeNewswire | 02/21/24 01:50 PM EST

    Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc, priced a private offering of ?600 million aggregate principal amount of 7.00% senior notes due 2029, which represents a ?200 million increase from the previously announced size of the offering.

  5. January Corporate and Municipal CUSIP Request Volumes Flat Year-Over-Year
    GlobeNewswire | 02/16/24 08:30 AM EST

    CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for January 2024. North American corporate requests totaled 5,947 in January, which is up 10.2% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? fell 2.2% versus December totals.

  6. Atlanticus Closes Option in connection with Offering of Senior Notes
    GlobeNewswire | 02/14/24 03:26 PM EST

    Atlanticus Holdings Corporation (ATLC), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the closing of the underwriters? option in connection with its underwritten registered public offering of 9.25% Senior Notes due 2029.

  7. Rogers Communications Inc. Announces Pricing of US$2.5 billion Offering of US Dollar Senior Notes
    GlobeNewswire | 02/07/24 08:20 PM EST

    Rogers Communications Inc. (RCIAF) announced today that it has priced a public offering of two series of US dollar senior notes with an aggregate principal amount of US$2.5 billion, consisting of US$1.25 billion of 5.00% senior notes due 2029 and US$1.25 billion of 5.30% senior notes due 2034.

  8. Imperial Plans to Issue up to $45 Million of Non-Convertible Debentures
    GlobeNewswire | 02/06/24 05:03 PM EST

    Imperial Metals Corporation (IPMLF) is pleased to announce that it plans to issue unsecured non-convertible debentures, with an aggregate principal amount of up to $45,000,000 on a non-brokered private placement basis.

  9. NMI Holdings, Inc. Receives Ratings Upgrade from Moody?s Investors Service
    GlobeNewswire | 01/31/24 02:38 PM EST

    NMI Holdings, Inc. (NMIH) today announced that Moody?s Investors Service has upgraded the insurance financial strength rating of its principal operating subsidiary, National Mortgage Insurance Corporation to ?A3? and upgraded the company?s outstanding senior notes due June 1, 2025 to ?Baa3.

  10. Immunocore Prices Upsized Convertible Senior Notes Offering
    GlobeNewswire | 01/30/24 11:30 PM EST

    Immunocore Prices Upsized Convertible Senior Notes Offering Immunocore Holdings plc (IMCR) today announced the pricing of $350.0 million aggregate principal amount of 2.50% convertible senior notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

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.