News Results

  1. The New Terminal One at JFK concludes successful refinancing with $2 billion Green Bonds issuance
    PR Newswire | 12/06/23 11:32 AM EST

    NEW YORK, Dec. 6, 2023 The New Terminal One at New York John F. Kennedy International Airport has announced a successful $2 billion bonds issuance, following a strong reception from the investor community. The Series 2023 Special Facilities Revenue Bonds were upsized by $500 million due to investor demand.

  2. Mesirow Institutional Sales & Trading Experts Bing Hsu, Ph.D., CFA, and Mark Whitaker, CFA, Recognized in Smith's 2023 All-Star Third Team
    PR Newswire | 12/06/23 11:00 AM EST

    CHICAGO, Dec. 6, 2023 /PRNewswire/ -- Mesirow, an independent, employee-owned financial services firm, today announced the selection of Bing Hsu, Ph.D., CFA, and Mark Whitaker, CFA in Mesirow Institutional Sales & Trading, to Smith's 2023 All-Star Third Team in the Sellside Director of Research Category. Smith's All-Star Team recognizes the brightest analysts of Tax-Free Municipal Bonds.

  3. Nuveen Launches Innovative Multi-Asset, Custom Direct Indexing Portfolio
    PR Newswire | 12/06/23 08:00 AM EST

    Strategy Combines Equities and Municipal Bonds in a Single Custodian Account NEW YORK, Dec. 6, 2023 /PRNewswire/ --?Nuveen, the investment manager of TIAA, has launched the Nuveen Tax Advantaged Balanced portfolio, which combines investment-grade municipal bonds and equities, featuring regular monitoring for automated tax-loss harvesting and rebalancing opportunities across both asset class sle...

  4. Waste Pro USA, Inc. Announces Closing of $25.0 million Louisiana Public Facilities Authority Solid Waste Disposal Revenue Bonds (Waste Pro USA, Inc. Project), Series 2023 R-2
    PR Newswire | 11/28/23 05:45 PM EST

    LONGWOOD, Fla. During the five-year term interest rate period, the coupon rate on the Bonds will be 6.50%. The Bonds, which were priced to yield 6.75%, have a final maturity of October 1, 2053. The Bonds are guaranteed by certain subsidiaries of Waste Pro pursuant to a guaranty agreement and as described in the indenture relating to the Bonds.

  5. SWBC Investment Services a Co-Manager for City Public Service of San Antonio (CPS Energy)
    PR Newswire | 11/28/23 08:00 AM EST

    SAN ANTONIO, Nov. 28, 2023 SWBC Investment Services, LLC, announced it was named Co-Manager on the City of San Antonio Electric and Gas Systems Revenue Refunding Bonds, New Series 2023C.

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.