News Results

The borrowing arm of the Missouri Department of Transportation will take competitive bids on $489 million of new money debt Tuesday.

NABL sends detailed letter requesting guidance on interbank offered rates ruling

Municipal bond mutual funds saw more losses on Wednesday with the Investment Company Institute reporting another week of multi-billion-dollar outflows, bringing year-to-date losses to $123.3 billion.

Spirit AeroSystems Raises $900M Via Debt Offering

Seven years after dropping Chicago to speculative grade citing pension funding, Moody's returned the city to investment grade, citing pension funding.

eBay Raises $1.15B Via Debt Offering

HighPeak Energy, Inc. (HPK) today announced the pricing of a private placement of $225 million principal amount of 10.625% senior unsecured notes due 2024.

Democratic Congresswoman Suzan DelBene has made more than 180 trades over the past three years and they are typically in municipal bonds. Although equities have been the preferred investment in a low-interest-rate environment, the tides are switching as corporate and municipal bonds are offering higher yields as the Fed raises interest rates.

South Carolina-based Jasper Pellets borrowed $12.5 million in private activity bonds in 2018. A deal to settle the firm's Chapter 11 bankruptcy pays the debt.

First Merchants Corporation Third Quarter 2022 Highlights: Mark Hardwick, Chief Executive Officer, stated, ?Despite high inflation and volatility in both the bond and stock markets, our performance continues to be steady and strong. Third Quarter Financial Results.

Lendistry, a minority-led and technology-enabled small business and commercial real estate lender with Community Development Financial Institution and Community Development Entity certification, announced today the closing of a private placement of $85 million aggregate principal amount of unsecured Fixed to Floating Rate Senior Notes due 2027.

The upgrade reflects the city's improving pension funding practices, commitment to a sound reserve position and ability to institute structural budget measures, Fitch said.

Unlike government bonds, corporate bonds have one major advantage: they offer strong returns. When investing in corporate bonds, there are many variables an investor should consider such as credit risk, interest rates, Federal Reserve policy, and the size of their position.

Truxton Corporation (TRUX), the parent company for Truxton Trust Company and subsidiaries, announced its operating results for the quarter ended September 30, 2022. ?Truxton has managed effectively through a period of rapidly rising interest rates and declining stock and bond valuations,? said Chairman and CEO Tom Stumb.

The Tel Aviv Stock Exchange and the Office of the Accountant General of the Israeli Ministry of Finance are working together to test a blockchain-based platform for trading digital bonds. The initiative will be backed by Israeli blockchain infrastructure firm Fireblocks and multicloud service provider VMware, Inc. , according to local media sources.

Moody's says Hawaii's tourism-based economy is disproportionately vulnerable to high inflation. It affirmed the state at Aa2 ahead of a $800 million GO deal.

Arbor Realty Trust, Inc. (ABR) today announced that its subsidiary, Arbor Realty SR, Inc., has closed an offering of $150 million aggregate principal amount of 8.50% 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, outside the United States to non-United States persons in...

Investors who are seeking the highest -- but safest -- yields possible eventually compare real estate investment trusts with bonds. In order to compare REITs with bonds, take a look at the breakdown of these two asset types: Here is an example of how a corporate bond and a REIT compare:? Although there are a number of differences between REITs and bonds, there are also some similarities.

Semtech Raises $300M Via Private Debt Offering To Fund Sierra Wireless Acquisition

The decentralized autonomous organization MakerDAO, which is behind the stablecoin Dai , has set aside $500 million to invest in corporate and U.S. Treasury bonds. The money will come from its overcollateralized stablecoin, with 80% going to investment-grade corporate bonds and 20% going to short-term U.S. Treasury securities.

Lineup of October Buffer ETFs? decreased downside and volatility relative to reference assets in outcome period marked by significant market losses Flagship Innovator U.S. Equity Buffer ETFs? ? BOCT, POCT, UOCT ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting October 1st Q4 upside caps announced for quarterly resetti...

FirstService Corporation (FSV) announced today that it has entered into two new revolving, uncommitted financing facilities for potential future private placement issuances of senior unsecured notes aggregating US$450 million with its existing lenders, NYL Investors LLC of up to US$150 million and PGIM Private Capital, the direct private debt and structured equity investment affiliate of PGIM, Inc., ...

Lineup of October Buffer ETFs? have exhibited decreased downside and volatility relative to reference assets in the current outcome period marked by significant market losses Flagship Innovator U.S. Equity Buffer ETFs? ? BOCT, POCT, UOCT ? seek to provide SPY exposure up to a cap, with downside buffer levels of 9%, 15% or 30% over one-year Outcome Period starting October 1st Q4 cap ranges annou...