News Results

  1. Allegion Proposes Public Offering of Senior Notes
    Business Wire | 06/07/22 09:14 AM EDT

    Allegion plc (ALLE), a leading global provider of security products and solutions, has proposed a registered public offering of senior notes by its subsidiary, Allegion US Holding Company Inc., subject to market and other conditions. The senior notes are expected to be issued by Allegion US Holding and will be guaranteed upon their issuance by Allegion.

  2. KB Home Announces Public Offering of Senior Notes
    Business Wire | 06/07/22 08:27 AM EDT

    KB Home (KBH) today announced that it has commenced a public offering of $350.0 million in aggregate principal amount of senior unsecured notes due 2030. The senior notes will be guaranteed on an unsecured basis by KB Home?s subsidiaries that have guaranteed KB Home?s outstanding senior notes.

  3. Redwood Trust Prices Upsized $200 Million Convertible Senior Notes Offering
    Business Wire | 06/06/22 08:15 PM EDT

    Redwood Trust, Inc. (RWT), a leader in expanding access to housing for homebuyers and renters, today announced that it priced $200,000,000 aggregate principal amount of its 7.75% convertible senior notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  4. Redwood Trust Announces Offering of Convertible Senior Notes Due 2027
    Business Wire | 06/06/22 07:00 AM EDT

    Redwood Trust, Inc. (RWT), a leader in expanding access to housing for homebuyers and renters, today announced that it plans to offer, subject to market and other conditions, $150,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as am...

  5. InvenTrust Properties Corp. Enters into a Private Placement Offering of $250 Million Senior Unsecured Notes
    Business Wire | 06/03/22 04:04 PM EDT

    InvenTrust Properties Corp. (IVT) today announced that it has signed a definitive note purchase agreement providing for a private placement of $250 million senior unsecured notes of which $150 million are designated as 5.07% Series A senior notes due August 11, 2029, and $100 million are designated as 5.20% Series B senior notes due August 11, 2032.

  6. AM Best Downgrades Credit Ratings for EmblemHealth, Inc.?s Insurance Subsidiaries
    Business Wire | 06/03/22 01:00 PM EDT

    AM Best has downgraded the Financial Strength Rating to C from C+ and the Long-Term Issuer Credit Ratings to ?ccc+? from ?b-? of Health Insurance Plan of Greater New York, EmblemHealth Insurance Company, EmblemHealth Plan, Inc. and ConnectiCare, Inc.. All companies are subsidiaries of EmblemHealth, Inc. and domiciled in New York, NY, unless otherwise specified.

  7. Advanced Drainage Systems Announces Pricing of $500 Million of 6.375% Senior Notes Due 2030
    Business Wire | 06/02/22 04:03 PM EDT

    Advanced Drainage Systems, Inc. (WMS), a leading global manufacturer of water management products and solutions for commercial, residential, infrastructure and agricultural applications, today announced that it priced a private offering of $500 million aggregate principal amount of 6.375% senior unsecured notes due 2030.

  8. AM Best Affirms Credit Ratings of Allianz M?xico, S.A., Compa??a de Seguros
    Business Wire | 06/02/22 01:50 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+, the Long-Term Issuer Credit Rating of ?aa?, and the Mexico National Scale Rating of ?aaa.MX? of Allianz M?xico, S.A., Compa??a de Seguros.

  9. AM Best Affirms Credit Ratings of Allianz SE and Rated Subsidiaries
    Business Wire | 06/02/22 01:18 PM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Allianz SE and its rated subsidiaries. The ratings reflect Allianz SE?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favourable business profile and appropriate enterprise risk management.

  10. AM Best Affirms Credit Ratings of Protector Forsikring ASA
    Business Wire | 06/02/22 11:26 AM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Protector Forsikring ASA. These ratings reflect Protector?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.

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.

fir_news_results