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GlobeNewswire
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06/13/24 04:16 PM EDT
Piedmont Office Realty Trust, Inc. (PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP, has priced an offering of $400 million aggregate principal amount of 6.875% senior unsecured notes due 2029 at 98.993% of the principal amount.
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Benzinga
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06/13/24 10:14 AM EDT
MicroStrategy (MSTR) on Thursday announced plans to issue $500 million in convertible senior notes due in 2032. What Happened: The proceeds from this offering will be used to acquire more Bitcoin and fund other corporate activities, the company stated.
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GlobeNewswire
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06/13/24 08:30 AM EDT
CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for May 2024. North American corporate requests totaled 7,362 in May, which is down 3.2% 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 51.5% versus April totals.
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GlobeNewswire
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06/12/24 04:15 PM EDT
The Brink?s Company today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. Kurt McMaken, executive vice president and CFO, said: ?We are pleased with the results of our refinancing.
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GlobeNewswire
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06/11/24 02:00 AM EDT
11 June 2024, 08:00 CET ArcelorMittal (MT) priced yesterday an offering of US$500 million aggregate principal amount of 6.00% notes due 17 June 2034 and US$500 million aggregate principal amount of 6.35% notes due 17 June 2054. The net proceeds to ArcelorMittal (MT), amounting to approximately $989,290,000, will be used for general corporate purposes.
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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