Vital Energy, Inc. (VTLE), a Delaware corporation, announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million.
NIO Inc. (NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced a proposed offering of US$500 million in aggregate principal amount of convertible senior notes due 2029 and US$500 million in aggregate principal amount of convertible senior notes due 2030, subject to market conditions and other factors.
PennyMac Mortgage Investment Trust (PMT) today announced that it is commencing an underwritten public offering of senior notes due 2028. The Company intends to apply to list the Notes on the New York Stock Exchange under the symbol ?PMTU.
S&P: * S&P SAYS CROATIA OUTLOOK REVISED TO POSITIVE ON MACROECONOMIC AND FISCAL RESILIENCE; 'BBB+/A-2' RATINGS AFFIRMED. * S&P SAYS FORECAST ECONOMIC GROWTH WILL BE FASTER IN CROATIA THAN IN MOST EUROZONE COUNTRIES, SUPPORTED BY TOURISM SECTOR, CONSUMPTION, & INVESTMENTS. * S&P SAYS EXPECT STRONG GROWTH OF TAX REVENUE TO REDUCE CROATIA'S FISCAL DEFICITS AND HELP GENERAL GOVERNMENT REDUCE LEVERAGE.
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 Hotai Insurance Co., Ltd.. The outlook assigned to the FSR is stable, while the outlook assigned to the Long-Term ICR is positive.
AM Best has revised the outlooks to stable from positive for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb? of Georgia Farm Bureau Mutual Insurance Company and Georgia Farm Bureau Casualty Insurance Company, collectively referred to as the Georgia Farm Bureau Group.
BERLIN---- Trade Republic expands its offering: from now on, customers can invest in 500 liquid government and corporate bonds on a daily basis to secure high interest rates over the long term. "Especially in the current environment, bonds are an important asset class to benefit from high interest rates over the long term.
Retail Opportunity Investments Corp. (ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP, has priced an offering of $350 million aggregate principal amount of 6.750% senior unsecured notes in an underwritten public offering.
Hamilton Capital Partners Inc. is pleased to announce the launch of the Hamilton U.S. Bond Yield Maximizer ETF. HBND has closed the offering of its initial Class E units. ?We are thrilled to launch Canada?s first covered call bond ETF1, HBND.
AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Spheric Assurance Company, Ltd. These Credit Ratings reflect Spheric?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk manage...
Liberty Media Corporation (LLYVB) announced today that it has closed its previously announced private offering of $1.15 billion aggregate original principal amount of its 2.375% exchangeable senior debentures due 2053, inclusive of Debentures in an aggregate original principal amount of $150 million issued pursuant to the exercise of an option granted to the initial purchasers, which was exercised in f...
FITCH: * FITCH: DOWNGRADES SRI LANKA'S LONG-TERM LOCAL-CURRENCY IDR TO 'RD' * FITCH: DOWNGRADE OF SRI LANKA'S LTLC IDR REFLECTS PARTIAL COMPLETION OF EXCHANGE OF COUNTRY'S T-BONDS ON 14 SEPTEMBER AS PART OF A BROADER DDO. * FITCH: SRI LANKA'S LONG-TERM FOREIGN-CURRENCY IDR HAS BEEN AFFIRMED AT 'RD' Source text for Eikon:
?. Consort Healthcare Funding plc. GBP398,680,000 1.972per cent Index Linked. Guaranteed Secured Bonds due 2044. ISSUE NAME. Our Ref. ISIN Code. INTEREST AMT PER DENOM. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 1,000.00 IS GBP 12.98. POOL FACTOR.
- Moody's on Thursday cut China's crisis-hit property sector's outlook to negative from stable, citing economic growth challenges the ratings agency said would dampen sales despite government support.
Moody's on Thursday cut China's property sector's outlook to negative from stable, citing economic growth challenges, which the rating's agency said will dampen sales despite government support.
Mexico's proposed 2024 budget eases Pemex's liquidity stress but the state energy company's fundamentals remain weak, Moody's Investors Service said on Wednesday. "We assume these measures will help the company repay debt during 2024, avoiding a default, but do not address Pemex's structural liquidity pressures as incorporated in our negative outlook," the ratings agency said in a report.
Vital Energy, Inc. (VTLE), a Delaware corporation, announced today that it intends, subject to market conditions, to publicly offer $300 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 and $500 million in aggregate principal amount of senior unsecured notes due 2030 in a registered underwritten offering for a total of $800 million.
There hasn't been a huge return of capital in the muni market so far this year, with fund flows being rather anemic, said Chad Farrington, co-head of municipal bond strategy at DWS Group.
Viasat Inc (VSAT): * VIASAT ANNOUNCES PROPOSED PRIVATE PLACEMENT OF $733.4 MILLION OF SENIOR NOTES. * VIASAT (VSAT)- INTENDS TO COMMENCE AN OFFERING OF $733.4 MILLION IN AGGREGATE PRINCIPAL AMOUNT OF SENIOR UNSECURED NOTES DUE 2031. * VIASAT (VSAT)- INTENDS TO USE NET PROCEEDS FROM OFFERING, TOGETHER WITH CASH ON HAND, TO REPAY BRIDGE FACILITY IN FULL Source text for Eikon: Further company coverage:
Amsterdam, 13 September 2023?? VEON Ltd. (VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V., today issued two redemption notices for the early payment of the Company?s bonds maturing in December 2023 and June 2024.
Macquarie AirFinance Holdings Limited announced today that it has priced $500 million aggregate principal amount of its 8.125% Senior Notes due 2029 in a private offering.
Vistra Corp (VST): * VISTRA PRICES PRIVATE OFFERINGS OF $650 MILLION OF SENIOR SECURED NOTES AND $1.1 BILLION OF SENIOR UNSECURED NOTES. * PRICING OF $650 MILLION AGGREGATE PRINCIPAL AMOUNT OF SENIOR SECURED NOTES DUE 2033 AT A PRICE TO PUBLIC OF 99.850% OF THEIR FACE VALUE.
IRVING, Texas, Sept. 12, 2023 Vistra Corp. (VST) announced today the pricing of $650 million aggregate principal amount of senior secured notes due 2033 at a price to the public of 99.850% of their face value in a private offering and $1.1 billion aggregate principal amount of senior unsecured notes due 2031 at a price to the public of 100% of their face value in a concurrent private offering to qual...
American Tower Corp (AMT): * AMERICAN TOWER CORPORATION PRICES SENIOR NOTES OFFERING. * American Tower Corp (AMT) - 2028 NOTES WILL HAVE AN INTEREST RATE OF 5.800% PER ANNUM AND ARE BEING ISSUED AT A PRICE EQUAL TO 99.828% OF THEIR FACE VALUE. * American Tower Corp (AMT) - PRICING OF ITS REGISTERED PUBLIC OFFERING OF SENIOR UNSECURED NOTES DUE 2028 AND 2033 OF $750.0 MILLION AND $750.0 MILLION, RESPECTIVELY.
American Tower Corporation (AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2028 and 2033 in aggregate principal amounts of $750.0 million and $750.0 million, respectively. The net proceeds of the offering are expected to be approximately $1,482.8 million, after deducting underwriting discounts and estimated offering expenses.
Vishay Intertechnology, Inc. (VSH) today announced the closing of its offering of $750?million aggregate principal amount of 2.25% convertible senior notes due 2030. The notes are Vishay?s senior unsecured obligations and subordinated in right of payment to Vishay?s senior secured debt, including amounts borrowed under its senior secured credit facility.
Phorcys Capital Partners, LLC announced its recent acquisition of a seniors housing property located in Greensboro, Georgia. PCP?s strategy largely focuses on seeking distressed and/or overleveraged senior living properties financed by municipal bonds located throughout the United States.
Vistra Corp (VST): * VISTRA ANNOUNCES PRIVATE OFFERINGS OF SENIOR SECURED NOTES AND SENIOR UNSECURED NOTES Source text for Eikon: Further company coverage:
Vistra Corp (VST): * Vistra Corp (VST): UNIT OF CO EXPECTS TO LAUNCH CONCURRENT PRIVATE OFFERINGS OF SENIOR SECURED NOTES DUE 2033 AND SENIOR UNSECURED NOTES DUE 2031 Further company coverage:
IRVING, Texas, Sept. 12, 2023 Vistra Corp. (VST) announced today the launch of senior secured notes due 2033 and senior unsecured notes due 2031 in concurrent private offerings to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.
Ault Alliance, Inc. (AULT/PD), a diversified holding company announced today the launch of its new FinTech offering via the Company?s online investing platform Monthlyincome.com, which provides opportunities for investors to purchase senior unsecured notes and earn fixed monthly income.
A look at the day ahead in U.S. and global markets from Mike Dolan. Both long-term borrowing rates and riskier growth stocks of the Big Tech universe have climbed in tandem this week, a peculiar coincidence in price trends that typically offset each other. Or it may just be a series of idiosyncratic news events.
The African Union plans to launch a new African credit rating agency next year to address the group's concerns that ratings given to countries on the continent are unfair, an official told Reuters.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $1,000,000,000 aggregate principal amount of its 5.750% Senior Notes due 2034 and $1,000,000,000 aggregate principal amount of its 6.000% Senior Notes due 2054 in a registered public offering.
US Foods Holding Corp (USFD): * US FOODS ANNOUNCES PRICING OF PRIVATE OFFERING OF $1.0 BILLION OF SENIOR UNSECURED NOTES. * US Foods Holding Corp (USFD): PRICING OF PRIVATE OFFERING OF $500 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS 6.875% SENIOR UNSECURED NOTES DUE 2028 BY ITS UNIT.
US Foods Holding Corp. (USFD) today announced the pricing of a private offering of $500 million aggregate principal amount of its 6.875% senior unsecured notes due 2028 and $500 million aggregate principal amount of its 7.250% senior unsecured notes due 2032 by its direct, wholly-owned subsidiary, US Foods (USFD), Inc.. The initial offering price to investors will be 100% of the principal amount thereof for ...
US Foods Holding Corp (USFD): * US FOODS ANNOUNCES PRIVATE OFFERING OF $1.0 BILLION OF SENIOR UNSECURED NOTES. * US FOODS HOLDING (USFD) - UNIT INTENDS TO USE NET PROCEEDS, WITH CASH ON HAND, TO FUND REDEMPTION OF ITS OUTSTANDING 6.250% SENIOR SECURED NOTES DUE 2025 Source text for Eikon: Further company coverage:
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, plans to offer, subject to market and other conditions, senior notes in a registered public offering. Citigroup Global Markets Inc., Morgan Stanley & Co. LLC, RBC Capital Markets, LLC and Wells Fargo Securities, LLC are the joint book-running managers for the offering of the notes.
US Foods Holding Corp. (USFD) today announced the commencement of a private offering of $1.0 billion aggregate principal amount of notes, consisting of senior unsecured notes due 2028 and senior unsecured notes due 2032, by its direct, wholly-owned subsidiary, US Foods (USFD), Inc., subject to market and other conditions.
Vishay Intertechnology, Inc. (VSH) today announced the pricing of its offering of $650 million aggregate principal amount of 2.25% convertible senior notes due 2030 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Black Hills Corp. (BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.15% senior unsecured notes due May 15, 2034.
5.75% Sustainability-Linked Notes, Series CAK due September 8, 2033 5.95% Notes, Series CAL due September 8, 2053. 5.60% Notes, Series CAM due September 9, 2030. TELUS (TU) announced today it has priced $1.75 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity.
The North Alabama operator priced $190 million of revenue bonds Aug. 29 to support among other things the purchase of an orthopedic physicians' practice.
NewtekOne, Inc. (NEWT), announced today that it has completed a registered public offering of $40.0 million aggregate principal amount of its 8.00% Fixed Rate Senior Notes due 2028. NewtekOne (NEWT) intends to list the Notes on the Nasdaq Global Market? under the trading symbol ?NEWTI? within 30 days of issuance.
Madison Investments, an independently-owned investment firm managing $22.9 billion in assets, today announces the launch of the Madison Aggregate Bond ETF (MAGG), the latest addition to its suite of actively-managed, income-driven exchange-traded funds. This expansion follows the launch of the suite?s two equity funds: The Madison Covered Call ETF (CVRD) and the Madison Dividend Value ETF.
Zoom Video Communications Inc. CEO Eric Yuan thinks that his employees cannot be as innovative or bond with their colleagues over Zoom calls after the remote working software won the jackpot in 2020 and later due to the Covid-19 pandemic. What Happened: Yuan said in an internal memo that it's not possible to build trust or have a great conversation over Zoom calls, reported Insider.
The bond market has stormed back into the spotlight this week, with Treasury yields at maturity reaching levels unseen in over a decade. The benchmark 10-year yield soared past the 4.30% mark, marking its highest point since November 2007.
Tetra Tech Inc? has priced its $500.0 million aggregate principal amount of 2.25% Convertible?Senior Notes due 2028 in a private placement. Tetra Tech has also granted the initial purchasers of the notes an option to purchase up to an additional $75.0 million of the notes.
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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