News Results

  1. Issue of Equity
    Business Wire | 06/23/22 05:00 AM EDT

    ?. SEGRO plc (SEGXF) has arranged a US private placement of ?225 million 15 and 20 year senior unsecured notes with a group of institutional investors. The issue consists of two tranches, both of which will be drawn down in September 2022: This translates to a weighted average coupon of 4.08 per cent and a weighted average maturity of 18.9 years.

  2. SEGRO plc: ?225 MILLION US PRIVATE PLACEMENT DEBT ISSUE
    Business Wire | 06/23/22 05:00 AM EDT

    Regulatory News: SEGRO plc has arranged a US private placement of ?225 million 15 and 20 year senior unsecured notes with a group of institutional investors. The issue consists of two tranches, both of which will be drawn down in September 2022: This translates to a weighted average coupon of 4.08 per cent and a weighted average maturity of 18.9 years.

  3. Ormat Technologies, Inc. Announces Pricing of Upsized $375 Million Offering of Green Convertible Senior Notes
    GlobeNewswire | 06/22/22 09:14 PM EDT

    Ormat Technologies, Inc. (ORA) announced today that it priced an upsized private offering of $375.0 million aggregate principal amount of 2.50% Green Convertible Senior Notes due 2027. The Notes will be unsecured senior obligations of the Company.

  4. Active primary, constructive secondary push muni yields lower
    SourceMedia Bond Buyer | 06/22/22 04:41 PM EDT

    The Investment Company Institute reported investors pulled $6.243 billion from muni bond mutual funds in the week ending June 15.

  5. BRIEF-Targa Resources Corp. Prices $1.25 Billion Offering Of Senior Notes
    Reuters | 06/22/22 04:27 PM EDT

    Targa Resources Corp (TRGP): * Targa Resources Corp (TRGP). PRICES $1.25 BILLION OFFERING OF SENIOR NOTES. * TARGA RESOURCES (TRGP) - ANNOUNCED PRICING OF UNDERWRITTEN PUBLIC OFFERING OF $750 MILLION 5.200% SENIOR NOTES DUE 2027 & $500 MILLION 6.250% SENIOR NOTES DUE 2052 Source text for Eikon: Further company coverage:

  6. Targa Resources Corp. Prices $1.25 Billion Offering of Senior Notes
    GlobeNewswire | 06/22/22 04:23 PM EDT

    Targa Resources Corp. (TRGP), announced today the pricing of an underwritten public offering of $750 million aggregate principal amount of its 5.200% senior notes due 2027 and $500 million aggregate principal amount of its 6.250% senior notes due 2052 at a price to the public of 99.849% and 99.773% of their face value, respectively.

  7. Inflation and recession dominate outlook, increase risk of accidents - PIMCO
    Reuters | 06/22/22 03:27 PM EDT

    Central banks' focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of 'financial accidents', U.S. investment firm PIMCO said on Wednesday. Rising prices have dominated the global financial markets this year, pushing central banks to increase interest rates to contain demand.

  8. Inflation and recession dominate outlook, increase risk of accidents - PIMCO
    Reuters | 06/22/22 03:15 PM EDT

    Central banks' focus on fighting persistently high inflation could lead to a recession over the next two years and raise the risk of 'financial accidents', U.S. investment firm PIMCO said on Wednesday. Rising prices have dominated the global financial markets this year, pushing central banks to increase interest rates to contain demand.

  9. AM Best Withdraws Credit Ratings of Triple-S Blue, Inc., I.I.
    Business Wire | 06/22/22 03:14 PM EDT

    AM Best has removed from under review with developing implications and downgraded the Financial Strength Rating to B from B+ and the Long-Term Issuer Credit Rating to ?bb? from ?bbb-? of Triple-S Blue.

  10. AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Oregon Dental Service and Moda Health Plan, Inc.
    Business Wire | 06/22/22 02:06 PM EDT

    AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Oregon Dental Services.

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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