News Results

  1. Existing-Home Sales Vaulted 9.5% in February, Largest Monthly Increase In A Year
    GlobeNewswire | 03/21/24 10:00 AM EDT

    Key Highlights ? ? ? ? ? ? ?Existing-home sales climbed in February, according to the National Association of Realtors?. Among the four major U.S. regions, sales jumped in the West, South and Midwest, and were unchanged in the Northeast. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.

  2. SiriusPoint Announces Notes Offering, Tender Offer for 4.600% Senior Notes due 2026 and Redemption of 7.00% Senior Notes due 2025
    GlobeNewswire | 03/21/24 09:01 AM EDT

    SiriusPoint Ltd. (SPNT) announced today a proposed offering of senior unsecured notes, a cash tender offer for any and all of its 4.600% Senior Notes due 2026 and that it will redeem all its outstanding 7.00% Senior Notes due 2025.

  3. Inspired Receives Affirmation of Credit Rating by Fitch
    GlobeNewswire | 03/21/24 08:30 AM EDT

    Inspired Entertainment, Inc. (INSE), a leading B2B provider of gaming content, systems and solutions, announced today that Fitch Ratings has affirmed Inspired?s Long-Term Issuer Default Rating at ?B?. The outlook for the rating is stable.

  4. Fairfax Announces Pricing of Senior Notes Offering
    GlobeNewswire | 03/19/24 06:39 PM EDT

    Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$1,000,000,000 of senior notes due 2054 at an issue price of 99.734%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 6.350% per annum. Fairfax intends to use the net proceeds of this offering for general corporate purposes.

  5. Freddie Mac and ICE Collaborate to Help Lenders Improve Loan Quality
    GlobeNewswire | 03/19/24 10:30 AM EDT

    Freddie Mac??and Intercontinental Exchange, Inc. (ICE), a leading global provider of technology and data, today announced they?re working together to bring greater loan quality to the mortgage origination process so lenders can effectively serve more borrowers while reducing risk.

  6. February Corporate and Municipal CUSIP Request Volumes Rise Sharply
    GlobeNewswire | 03/19/24 08:30 AM EDT

    CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for February 2024. North American corporate requests totaled 7,761 in February, which is up 30.5% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? rose 12.5% versus January totals.

  7. Mattr Corp. Announces Pricing of Upsized Senior Unsecured Notes Offering
    GlobeNewswire | 03/19/24 07:30 AM EDT

    Mattr Corp. (MTTRF) announced today that it has entered into an underwriting agreement to sell, pursuant to a private placement offering, C$175 million aggregate principal amount of 7.25% senior unsecured notes due 2031, which aggregate principal amount of notes was upsized from the initial deal size of C$150 million.

  8. CoreCivic to Redeem 8.250% Senior Notes Due 2026
    GlobeNewswire | 03/15/24 04:15 PM EDT

    CoreCivic, Inc. (CXW) announced today that it is delivering an irrevocable notice to the holders of all of CoreCivic?s previously issued $675,000,000 original aggregate principal amount of 8.250% senior unsecured notes due 2026 that CoreCivic (CXW) has elected to redeem in full the 2026 Notes that remain outstanding on April 15, 2024.

  9. Freddie Mac Announces Michael T. Hutchins as Interim CEO
    GlobeNewswire | 03/15/24 12:20 PM EDT

    Freddie Mac? today announced that the company has appointed President Michael T. Hutchins to the additional role of Interim Chief Executive Officer as the company continues its search for a permanent CEO. Hutchins was named President of Freddie Mac in 2020 and is a member of the company's Senior Operating Committee.

  10. Mortgage Rates Continue to Decrease
    GlobeNewswire | 03/14/24 12:00 PM EDT

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.74 percent. ?The 30-year fixed-rate mortgage decreased again this week, with declines totaling almost a quarter of a percent in two weeks? time,? said Sam Khater, Freddie Mac?s Chief Economist.

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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