News Results

  1. B. Riley Financial Announces Offering of $150 Million Senior Notes Due 2026
    PR Newswire | 11/29/21 08:40 AM EST

    LOS ANGELES, Nov. 29, 2021 ?B. Riley Financial (RILY), Inc., a diversified provider of business advisory and financial services, today announced it has commenced an underwritten registered public offering of $150 million aggregate principal amount of Senior Notes due 2026, subject to market and certain other conditions.

  2. Successful New Bladex Bond Issue In The Mexican Capital Markets
    PR Newswire | 11/29/21 07:00 AM EST

    PANAMA CITY, Republic of Panama, Nov. 29, 2021 Banco Latinoamericano de Comercio Exterior, S.A. (BLX), announces its sixth issuance of "Certificados Burs?tiles" for the amount of MXN 3 billion. ?. The Notes have a tenor of three years, with a floating-rate coupon of 28-day TIIE plus 19 basis points.

  3. Evergrande shares fall after chairman cuts stake; Fantasia suspends trading
    Reuters | 11/28/21 09:50 PM EST

    Shares in China Evergrande Group (EGRNF) fell as much as 4.8% on Monday morning, after its chairman trimmed his stake in the cash-strapped property developer to raise about $344 million. The group's electric vehicle unit, China Evergrande New Energy Vehicle Group Ltd, also dropped more than 5% after it said the company was still exploring ways to pump capital into the unit with different investors.

  4. PROG Holdings, Inc. Announces Closing of Senior Unsecured Notes Offering and Satisfaction of Tender Offer Financing Condition
    Business Wire | 11/26/21 01:34 PM EST

    PROG Holdings, Inc. (PRG), the fintech holding company for Progressive Leasing, Vive Financial, and Four Technologies, today announced the completion of its previously announced offering of $600 million in aggregate principal amount of its 6.00% senior unsecured notes due 2029 in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Se...

  5. American Hotel Income Properties Reit LP Completes Bought Deal of US $50 Million of Convertible Debentures
    PR Newswire | 11/26/21 09:00 AM EST

    /NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER UNITED STATES WIRE SERVICES/ VANCOUVER, BC, Nov. 26, 2021 ?AMERICAN HOTEL INCOME PROPERTIES REIT LP (AHOTF) announced today the completion of its previously announced public offering on a bought deal basis of US$50 million aggregate principal amount of 6.00% convertible unsecured subordinated debentures due on December 31, 2026.

  6. China's Kaisa seeks to extend maturity on $400 million offshore bond, shares surge
    Reuters | 11/24/21 07:55 PM EST

    China's Kaisa Group Holdings Ltd said on Thursday it wants to extend the maturity of a $400 million bond by a year and a half - part of the property developer's efforts to avoid a messy default and resolve a liquidity crisis. In a filing, Kaisa said it would exchange its 6.5% offshore bonds due Dec. 7 for new notes due June 6, 2023, at the same interest rate if at least 95% of holders accept.

  7. Canacol Energy Ltd. Announces Closing of $500 Million Private Offering of 5.75% Senior Notes
    GlobeNewswire | 11/24/21 05:15 PM EST

    Further to its news release dated November 16, 2021, Canacol Energy Ltd. (CNNEF) is pleased to announce that it has completed its previously announced offering of U.S. $500 million aggregate principal amount of 5.75% senior unsecured notes due 2028.

  8. AM Best Affirms Credit Ratings of RF&G Insurance Company Limited
    Business Wire | 11/24/21 10:49 AM EST

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of RF&G Insurance Company Limited . The outlook of these Credit Ratings is stable. The ratings reflect RF&G?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

  9. BRIEF-UGI International Prices Senior Notes Offering
    Reuters | 11/24/21 08:24 AM EST


  10. UGI International Prices Senior Notes Offering
    Business Wire | 11/24/21 08:10 AM EST

    UGI Corporation (UGI) announced today that its indirect, wholly owned subsidiary, UGI International, LLC, priced its offering of ?400,000,000 in aggregate principal amount of 2.50% senior unsecured notes due 2029.

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.