News Results

  1. BRIEF-Moody's Changes Hungary's Outlook To Negative From Stable
    Reuters | 11/29/24 04:44 PM EST

    MOODY'S: * MOODY'S RATINGS CHANGES HUNGARY'S OUTLOOK TO NEGATIVE FROM STABLE, AFFIRMS BAA2 RATINGS. * MOODY'S: DECISION TO CHANGE OUTLOOK TO NEGATIVE REFLECTS DOWNSIDE RISKS RELATED TO QUALITY OF HUNGARY'S INSTITUTIONS & GOVERNANCE. * MOODY'S ON HUNGARY SAYS EXPECT DEBT AFFORDABILITY TO BE PARTIALLY REVERSED BY 2025 Source text:

  2. BRIEF-S&P Says France 'Aa-/A-1+' Ratings Affirmed; Outlook Stable
    Reuters | 11/29/24 04:12 PM EST

    * S&P SAYS FRANCE 'AA-/A-1+' RATINGS AFFIRMED; OUTLOOK STABLE.

  3. China's Kaisa to hold shareholder meeting in December to discuss restructuring
    Reuters | 11/29/24 08:35 AM EST

    -China-based property developer Kaisa said on Friday it would hold an extraordinary general meeting of its shareholders on Dec. 18 to seek various approvals in relation to its $12.27 billion debt restructuring agreement. The developer has been working to restructure its debt since defaulting on $12 billion in offshore bonds in late 2021.

  4. Moody's changes Nissan's outlook to negative, affirms Baa3 ratings
    Reuters | 11/28/24 03:26 AM EST

    Moody's Ratings changed Nissan Motor's (NSANF) credit outlook to negative from stable while affirming its Baa3 ratings, taking into account the Japanese carmaker's worsening free cash flows from struggling businesses. Nissan (NSANF) earlier this month announced plans to axe 9,000 jobs and 20% of its manufacturing capacity globally to cut costs following sales slumps in China and the United States.

  5. BRIEF-The Chemours Company Announces Completion Of Private Offering Of $600,000,000 Aggregate Principal Amount Of 8.000% Senior Unsecured Notes Due 2033
    Reuters | 11/27/24 06:22 PM EST

    Chemours Co (CC): * THE CHEMOURS COMPANY ANNOUNCES COMPLETION OF PRIVATE OFFERING OF $600,000,000 AGGREGATE PRINCIPAL AMOUNT OF 8.000% SENIOR UNSECURED NOTES DUE 2033 Source text: Further company coverage:

  6. BRIEF-Ramaco Resources, Inc. Completes $50,000,000 Senior Unsecured Notes Offering
    Reuters | 11/27/24 06:14 PM EST

    Ramaco Resources Inc (METCB): * RAMACO RESOURCES, INC. COMPLETES $50,000,000 SENIOR UNSECURED NOTES OFFERING Source text: Further company coverage:

  7. Swiss pharma firm Idorsia plans debt restructuring, job cuts
    Reuters | 11/27/24 02:28 AM EST

    Idorsia plans to restructure its debt, implement cost-cutting measures and could shed up to 270 jobs in a bid to spur profitability, the Swiss pharma company said on Wednesday.

  8. Swiss pharma firm Idorsia plans debt restructuring, job cuts in profitability drive
    Reuters | 11/27/24 02:18 AM EST

    Idorsia plans to restructure its debt, implement cost-cutting measures and could shed up to 270 jobs in a bid to spur profitability, the Swiss pharma company said on Wednesday.

  9. Adani hit by downgrades as projects under review in India, Sri Lanka
    Reuters | 11/26/24 07:45 AM EST

    -Adani Group's troubles deepened on Tuesday as two more credit rating agencies cut their outlook for the Indian conglomerate, whose billionaire founder Gautam Adani has been charged by U.S. authorities over an alleged $265 million bribery scheme.

  10. BRIEF-Moody's Ratings Changes Outlook On Seven Adani Entities To Negative From Stable
    Reuters | 11/26/24 04:33 AM EST

    * MOODY'S RATINGS: TAKES RATING ACTIONS ON 7 ADANI GROUP ENTITIES. * MOODY'S RATINGS TAKES RATING ACTIONS ON 7 ADANI GROUP ENTITIES. * MOODY'S - ADANI GREEN ENERGY LIMITED RESTRICTED GROUP BA1 RATINGS AFFIRMED; OUTLOOK CHANGED TO NEGATIVE FROM STABLE. * MOODY'S RATINGS: ADANI TRANSMISSION STEP-ONE LIMITED BAA3 RATINGS AFFIRMED; OUTLOOK CHANGED TO NEGATIVE FROM STABLE.

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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