Mr. Blackley Brings Significant Financial Services and Operations Experience to the Board Sallie Mae?, formally SLM Corporation (SLM), today announced the appointment of R. Scott Blackley to its board of directors, effective immediately.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Petrolimex Insurance Corporation. The ratings reflect PJICO?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.
indie Semiconductor, Inc. (INDI), an Autotech solutions innovator, today announced that it plans to offer, subject to market and other conditions, $125 million aggregate principal amount of its Convertible Senior Notes due 2027 through a private offering to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A under the Securities Act of 1933, as amended. indie expe...
Wolfspeed, Inc. (WOLF) today announced that it intends to offer, subject to market conditions and other factors, $1,300 million aggregate principal amount of its Convertible Senior Notes due 2029 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.
Adult & Teen Challenge of Texas Celebrates Grand Opening of Houston Dorm. Frost Bank and the Federal Home Loan Bank of Dallas have awarded a $700,000 Affordable Housing Program subsidy to Adult & Teen Challenge of Texas, which provided the final funding needed to complete a new dormitory for its Houston, Texas, campus. This press release features multimedia.
Cadence Bank (CADE), Citizens National Bank and FHLB Dallas Assist in Ward 2 Renewal Effort Representatives from Cadence Bank (CADE), Citizens National Bank and the Federal Home Loan Bank of Dallas have awarded $18,000 in Partnership Grant Program funding to Twin Forks Rising Community Development Corp.. They celebrated the awards at a ceremonial check presentation in Hattiesburg, Mississippi, recently.
Thermo Fisher Scientific Inc. (TMO) announced today that on November 14, 2022 it priced an offering of ?1.25 billion aggregate principal amount of the following euro-denominated notes: The Offering is expected to close on or about November 21, 2022, subject to customary closing conditions.
Thermo Fisher Scientific Inc. (TMO) announced today that on November 14, 2022 it priced an offering of $1.2 billion aggregate principal amount of the following notes: The Offering is expected to close on or about November 21, 2022, subject to customary closing conditions.
Geothermic Solution met with individuals at the highest government and business levels during its visit to the Kingdom of Saudi Arabia, with discussions focused on the company?s GeoHeat energy-harvesting technology and its role in establishing a sustainable energy supply for the global economy. PALO ALTO, Calif.
Regulatory News: NAVYA, an autonomous mobility systems leader, today announces the issue of the 3rd tranche of convertible bonds into shares with warrants for an amount of ?2.0 million.
Gloat, the leading provider of Workforce Agility and pioneer of the AI-powered Talent Marketplace, announced today it has joined the World Economic Forum?s Global Innovators Community.
Enviva Inc. (EVA) today announced that the Mississippi Business Finance Corporation, intends to issue its Exempt Facilities Revenue Bonds, Series 2022 in the aggregate principal amount of $100,000,000.
KBRA is pleased to announce the assignment of preliminary ratings to four classes of FREMF Series 2022-K151 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-151. The underlying transaction is collateralized by 49 fixed-rate multifamily mortgage loans.
Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited has published a feedback statement on its intention to cease the publication of ICE Swap Rate? settings based on USD LIBOR?. Following the FCA?s announcement on March 5, 2021, IBA does not expect sufficient input data required to ca...
Indonesia?s government security services to be equipped with premium fleet of electric motorcycles from Zero as part of presidential decree to host zero-emissions summit Zero Motorcycles, the worldwide leader in electric motorcycles and powertrains, continues to drive the global transition to electric transportation with the completion of host-country Indonesia?s largest order of electric motor...
On November 12, the Association of International Economic Strategy was inaugurated at the International Forum on "Sharing New Development and Joining Hands for the Future" held in Beijing. This press release features multimedia.
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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