Atlanticus Holdings Corporation (ATLC), a financial technology company that enables its bank, retail and healthcare partners to offer more inclusive financial services to millions of everyday Americans, today announced the pricing of its underwritten registered public add-on offering of $55,000,000 aggregate principal amount of its 9.25% Senior Notes due 2029, at a public offering price of $24.70 per ...
CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for June 2024. North American corporate requests totaled 6,561 in June, which is down 10.9% 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 ? fell 5.0% versus May totals.
Constellium SE (CSTM) announced today the commencement of a proposed private offering of approximately ?300 million of euro denominated senior unsecured notes due 2032 and $350 million of U.S. dollar denominated senior unsecured notes due 2032, subject to market and other conditions.
Strong Core Deposit Growth Drives 20 Basis Points of Net Interest Margin Expansion Deposit and Business Loan Growth Driven by Execution of Growth Plan;Successfully Onboarded Eight New Deposit Groups in the Second Quarter Subordinated Debt Offering Bolsters Total Capital Ratio to 14.5% HAUPPAUGE, N.Y., July 23, 2024 -- Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, t...
The Goldman Sachs Group, Inc.? shares are trading lower today. Goldman Sachs (GS) has developed a strategy by combining short-duration U.S. Treasury bonds, high-quality corporate bonds, and municipal bond ETFs.
Broadcom Inc (AVGO) borrowed $5 billion in the U.S. investment-grade bond market on Monday to refinance some of the loans it secured for its $69 billion acquisition of VMware Inc. The software developer sold debt in three parts, Bloomberg cites a familiar source. After initial talks, the longest tranche yields 0.95 percentage points over Treasuries, approximately 1.25 percentage points above Treasuries.
Alvotech (ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today issued new shares to holders of subordinated convertible bonds, originally issued by Alvotech (ALVO) on November 16, 2022, and December 20, 2022, with maturity on December 20, 2025.
Sachem Capital Corp. (SACH) today announced that it is withdrawing its previously announced debt offering. John Villano, CEO of Sachem Capital Corp. (SACH), commented: ?We want to assure our shareholders and noteholders that Sachem has ample liquidity through its existing credit facilities and liquid mortgage portfolio to continue to execute on the business consistent with past practice.
Bonds backed by hotel and restaurant bill taxes will pay for upgrades to the home of the Carolina Panthers. The team agreed to commit to the city for 15 more years.
Global Ship Lease, Inc. (GSL) announced today several recent updates by three leading credit rating agencies. In announcing the ratings and outlook updates, the agencies highlighted the Company?s significant progress deleveraging, its focus on maintaining a disciplined, low leverage strategy, and revenue stability based on attractive multi-year time charter agreements.
S&P Global upgraded its credit rating to BB+ for Kaspi Bank, a core part of Kaspi.kz?s Fintech Platform. According to S&P Global; Mikhail Lomtadze, CEO & co-founder of Kaspi.kz, commented: ?We have once again received high praise from a leading ratings agency. About Kaspi.kz Kaspi.kz?s mission is to improve people?s lives by developing innovative mobile products and services.
Alvotech (ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced that holders of the majority of subordinated convertible bonds, originally issued by Alvotech (ALVO) on November 16, 2022, and December 20, 2022, respectively, with maturity on December 20, 2025 have elected to convert the principal and accrued interest int...
New York Mortgage Trust, Inc. (NYMT) announced today the pricing of an underwritten public offering of $60 million aggregate principal amount of its 9.125% senior notes due 2029.
Medallion Financial Corp. (MFIN), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today that it has completed a private placement of $17.5 million aggregate principal amount of senior unsecured notes to a certain institutional investor, by amending and re...
Hovnanian Enterprises, Inc. (HOV), a leading national homebuilder, today announced that Moody?s Ratings has upgraded Hovnanian?s corporate family rating to B2 from B3. ?We are thrilled to get a ratings upgrade from Moody?s, which follows an upgrade we received from S&P Ratings just two weeks ago,? stated Brad G. O?Connor, Chief Financial Officer and Treasurer.
Fairfax Financial Holdings Limited (FRFHF) has completed its previously announced offering of US$600,000,000 in aggregate principal amount of 6.100% senior notes due 2055 and an additional US$150,000,000 of its 6.000% senior notes due 2033.
Image: https://ml.globenewswire.com/Resource/Download/f4b83cfb-321b-4c60-aed3-ecb996da0079/bailbonds-polk-county.jpeg Bail America?Bail Bonds, a leading bail bonds company offering bail services for felonies and Misdemeanors bonds night and day, is excited to announce the introduction of Florida?s first bail bonds calculator, which will offer users transparency on the cost of bail.
Hertz Global Holdings, Inc. (HTZ) shares are trading lower on Thursday. The company?s shares dipped after it announced a debt offering worth $750 million. The debt offering aims to bolster its financial position and support future profitability. Check This Out: What?s Going On With Palantir Shares Today?
Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$600,000,000 of senior notes due 2055 at an issue price of 99.585% and a private offering of an additional US$150,000,000 of its 6.000% senior notes due December 7, 2033 at an issue price of 102.697%, plus accrued interest.
Diana Shipping Inc. (DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the pricing of a US$150 million private placement of senior unsecured bonds maturing in July 2029 and callable beginning three years after issuance.
Itron, Inc. (ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced the pricing of its private offering of $700 million aggregate principal amount of its 1.375% convertible senior notes due 2030 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AMC Networks Inc. (AMCX) today announced the pricing of $125 million aggregate principal amount of 4.25% 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.
Plains All American Pipeline, L.P. (PAA) today announced that it and PAA Finance Corp., a wholly-owned subsidiary of PAA, as co-issuer, have priced an underwritten public offering of $650 million aggregate principal amount of 5.700% senior unsecured notes due 2034 at a price to the public of 99.953% of their face value.
Brookfield Corporation (BN) today announced the pricing of a public offering of $450 million principal amount of senior notes due 2035, which will bear interest at a rate of 5.675% per annum, and the pricing of a $200 million re-opening of its 5.968% notes due 2054.
Itron, Inc. (ITRI), which is innovating new ways for utilities and cities to manage energy and water, today announced that it intends to commence a private offering, subject to market and other conditions, of $500.0 million aggregate principal amount of convertible senior notes due 2030 to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act o...
AMC Networks Inc. (AMCX) today announced that it intends to offer, subject to market conditions and other factors, $125 million aggregate principal amount of 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.
The new-issue calendar is led by the New York Transportation Development Corp. with $1.5 billion of green AMT special facilities revenue bonds for the John F. Kennedy International Airport New Terminal One project,
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.
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.
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.
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.
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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