Global investment firm Carlyle reported a decline in the value of one of its private credit funds in the first quarter, which it attributed to higher interest rates facing borrowers in its portfolio, the fund said Monday. Carlyle Secured Lending (CGBD) reported its net asset value per share declined to $15.89 at the end of March, which is roughly 2.3% lower than the previous quarter.
Rithm Capital Corp (RITM): * Rithm Capital Corp (RITM). ANNOUNCES PROPOSED OFFERING OF SENIOR UNSECURED NOTES. * Rithm Capital Corp (RITM) - TO OFFER $500 MILLION SENIOR UNSECURED NOTES DUE 2031 Source text: Further company coverage:
Alphabet, the parent company of Google, is considering selling Japanese yen bonds, according to a bookrunner's message seen by Reuters. A deal could consist of a senior unsecured bond and would be subject to market conditions, the message said.
Fitch: * FITCH UPGRADES GHANA TO 'B'; OUTLOOK POSITIVE. * FITCH: GHANA'S ACCOUNT SURPLUS WILL REMAIN STRONG IN 2026. * FITCH: EXPECT GHANA'S REAL GDP GROWTH WILL REMAIN SOLID THROUGH 2027. * FITCH: UPGRADE ON GHANA RATINGS REFLECTS SHARP FALL IN PUBLIC DEBT/GDP, SUPPORTED BY REAL GDP GROWTH.
Goldman Sachs reported a decline in its private credit fund's value for the first quarter, as it saw an increase in unrealized losses and mark-downs in its portfolio, the fund said Friday.
Goldman Sachs (GS) reported a decline in its private credit fund's value for the first quarter, as it saw an increase in unrealized losses and mark-downs in its portfolio, the fund said Friday.
Asset manager BlackRock cut the value of its private credit fund BlackRock TCP Capital Corp (TCPC) in the first quarter, it said Thursday. BlackRock TCP Capital Corp's (TCPC) net asset value per share dropped roughly 5% at fair value to $6.72 in the first quarter, according to its earnings disclosure.
Asset manager Blackstone cut the value of its private credit fund Blackstone Secured Lending Fund (BXSL) in the first quarter, it said on Thursday. ??? Blackstone Secured Lending Fund's (BXSL) net asset value per share dropped 2.4% to $26.26 in the first quarter at fair value, according to its earnings disclosure.
Asset manager Blackstone cut the value of its private credit fund Blackstone Secured Lending
Fund (BXSL) in the first quarter, it said Thursday. Blackstone Secured Lending Fund's (BXSL) net asset value per share dropped 2.4% to $26.26 in the first quarter at fair value, according to its earnings disclosure.
Parex Resources Inc (PARXF): * PAREX RESOURCES ANNOUNCES PRIVATE OFFERING OF US$500 MILLION SENIOR NOTES. * Parex Resources Inc (PARXF) - TO ISSUE US$500 MILLION SENIOR UNSECURED NOTES DUE 2031. * Parex Resources Inc (PARXF) - NET PROCEEDS TO BE HELD IN ESCROW PENDING FRONTERA DEAL COMPLETION Source text: Further company coverage:
Palmer Square Capital Management cut the net asset value per share of its private credit fund by 10% in the first quarter as the firm marked down its software assets, it said on Wednesday. Investors have taken a closer look at private credit funds' portfolios as advances in artificial intelligence threaten the business models of companies in the software sector.
Global ratings agency Fitch on Tuesday upgraded Argentina's long-term foreign currency and local currency issuer default rating to "B-" from "CCC+", with a stable outlook. -- Fitch cited "improved fiscal and external balances, progress on economic reforms, improved prospects for FX reserve accumulation" and its expectation that its government will secure financing to cover its debt obligations.
Consumers Energy Co: * CONSUMERS ENERGY CO - ISSUES AND SELLS $850 MILLION 5.125% FIRST MORTGAGE BONDS DUE 2036 ON MAY 5, 2026 - SEC FILING Source text: Further company coverage:
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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