News Results

  1. Evergrande Onshore Unit Set to Pay Bond Interest on Time
    | 09/21/21 11:36 PM EDT

    An onshore unit of China Evergrande Group (EGRNF) is set to make an interest payment on time on Thursday, offering the debt- ridden conglomerate a sliver of breathing room as it struggles to fix its capital structure and repair its global image. The unit, Hengda Real Estate Group Co., will pay 232 million yuan of interest on its 5.80% September 2025 bond, it said Wednesday in a filing. Investors have been watching Evergrande closely, fearing that defaults from one of China's biggest...

  2. BRIEF-Secure Energy Services Inc Announces $140 Million Senior Unsecured Note Financing
    Reuters | 09/21/21 07:30 PM EDT

    Secure Energy Services Inc (SECYF): * SECURE ENERGY SERVICES INC ANNOUNCES $140 MILLION SENIOR UNSECURED NOTE FINANCING. * SECURE ENERGY SERVICES (SECYF) - ENTERED AGREEMENT TO SELL $140 MILLION AGGREGATE PRINCIPAL AMOUNT OF 7.25% SENIOR UNSECURED NOTES DUE DEC 30, 2026 AT PRICE $100.75 Source text for Eikon: Further company coverage:

  3. Office Properties Income Trust Prices $400 Million of 3.450% Senior Notes Due 2031
    Business Wire | 09/21/21 06:23 PM EDT

    Office Properties Income Trust (OPI) today announced that it has priced an underwritten public offering of $400 million of 3.450% senior notes due 2031. The joint book-running managers for this offering are BofA Securities, Inc., Wells Fargo Securities, LLC, Citigroup Global Markets Inc., Mizuho Securities USA LLC, PNC Capital Markets LLC and RBC Capital Markets, LLC.

  4. Rocket Companies Announces Upsizing and Pricing of Senior Notes due 2026 and Senior Notes due 2033
    PR Newswire | 09/21/21 06:01 PM EDT

    DETROIT, Sept. 21, 2021 Rocket Companies, Inc. (RKT), a Detroit-based holding company consisting of tech-driven real estate, mortgage and financial services businesses ? including Rocket Mortgage, Rocket Homes and Rocket Auto ? today announced its subsidiaries, Rocket Mortgage, LLC and Rocket Mortgage Co-Issuer, Inc., priced their private offering of $1.150 billion aggregate principal amount of 2.875...

  5. Goodyear Announces Pricing Of ?400 Million European Senior Notes
    PR Newswire | 09/21/21 05:15 PM EDT

    AKRON, Ohio, Sept. 21, 2021 The Goodyear Tire & Rubber Company?today announced that its European subsidiary, Goodyear Europe B.V., has priced its private offering to eligible purchasers of ?400?million aggregate principal amount of senior notes due 2028. Sept. 28, 2021, subject to customary closing conditions.

  6. Inotiv, Inc. Announces Proposed Convertible Senior Notes Offering
    GlobeNewswire | 09/21/21 05:05 PM EDT

    Inotiv, Inc. (NOTV), a leading contract research organization specializing in nonclinical and analytical drug discovery and development services, today announced its intention to offer, subject to market and other conditions, $110,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Ac...

  7. U.S. corporate bonds perk up after stock selloff
    Reuters | 09/21/21 04:22 PM EDT

    Like the U.S. stock market, the nation's corporate bond market on Tuesday steadied one day after fear of contagion risk from debt-troubled China property developer Evergrande rattled global financial assets.

  8. U.S. corporate bonds perk up after stock selloff
    Reuters | 09/21/21 04:17 PM EDT

    Like the U.S. stock market, the nation's corporate bond market on Tuesday steadied one day after fear of contagion risk from debt-troubled China property developer Evergrande rattled global financial assets.

  9. AM Best Affirms Credit Ratings of BF&M Limited and Its Subsidiaries
    Business Wire | 09/21/21 10:09 AM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of BF&M Life Insurance Company Limited, BF&M General Insurance Company Limited and Island Heritage Insurance Company, Ltd.. AM Best also has affirmed the Long-Term ICR of ?bbb? of the parent company, BF&M Limited.

  10. Sysorex Provides Financial Update
    GlobeNewswire | 09/21/21 09:30 AM EDT

    Sysorex (SYSX), the preeminent, U.S.-based, publicly traded Ethereum mining and technologies company is providing a financial update to its shareholders. The Company received approximately $12.4 million in gross proceeds from the private placement offering of convertible debentures and warrants to purchase common stock before deducting offering expenses and placement agent?s commissions.

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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