News Results

  1. Eaton Vance Municipal Bond Fund Announces Extension of Tender Offer
    Business Wire | 01/07/25 09:00 AM EST

    Eaton Vance Municipal Bond Fund (EIM) announced today the extension of the Fund?s cash tender offer for up to 5% of its outstanding common shares at a price per share equal to 98% of its net asset value per share, determined as of the close of regular trading on the New York Stock Exchange on the day the Tender Offer expires.

  2. Gilmore Bell Announces New Shareholders in Kansas City
    Business Wire | 01/07/25 07:03 AM EST

    Gilmore & Bell, P.C., a leading public finance law firm, is pleased to announce that Laura Connor and Megan Miller have been named shareholders in the Kansas City office. Ms. Connor practices in the field of real estate law, including real estate finance, leasing and construction. Ms. Miller serves as bond counsel to cities, counties, school districts and other municipal borrowers.

  3. Williams Prices $1.5 Billion of Senior Notes
    Business Wire | 01/06/25 08:00 PM EST

    Williams announced today that it has priced a public offering of $1.0 billion of its 5.600% Senior Notes due 2035 at a price of 99.843 percent of par and $500 million of its 6.000% Senior Notes due 2055 at a price of 99.330 percent of par. Williams intends to use the net proceeds of the offering to repay its commercial paper, near-term debt maturities and for other general corporate purposes.

  4. KBRA Assigns AA+ Rating, Stable Outlook to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, 2025 Series A
    Business Wire | 01/06/25 01:49 PM EST

    KBRA assigns a long-term rating of AA+ to the Department of Water and Power of the City of Los Angeles Water System Revenue Bonds, and affirms the AA+ rating on outstanding parity Water System Revenue Bonds. Key Credit Considerations The rating was assigned because of the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.

  5. FINSIGHT Acquires Credit Flow Research (CFR), a Leading New Issue Research and Pricing Data Provider for the US Investment Grade and High Yield Corporate Bond Markets
    Business Wire | 01/06/25 09:17 AM EST

    The acquisition unifies FINSIGHT?s award winning structured finance technology and data solutions with CFR?s industry leading coverage of the US corporate bond market. FINSIGHT, an institutional capital markets technology and market data company, today announced its acquisition of Credit Flow Research.

  6. Sonida Announces Latest Asset Acquisition and Closing of Fannie Mae Maturity Modifications
    Business Wire | 01/06/25 08:15 AM EST

    Completes purchase of recently built senior living community in Cincinnati for $16.3 million with favorable financing terms Brings total 2024 acquired properties to 20 and total operating portfolio to 94 communities Completes previously disclosed Fannie Mae loan modification extending maturities on $220 million of mortgage loans from December 2026 to January 2029 DALLAS---- Sonida Senior Living...

  7. MarketAxess Announces Trading Volume Statistics for December and Fourth Quarter 2024
    Business Wire | 01/06/25 06:36 AM EST

    Record 4Q24 Total Trading ADV, Up 38% With Record Municipal Bond ADV and Record Total Rates ADV MarketAxess Holdings Inc. (MKTX), the operator of a leading electronic trading platform for fixed-income securities, today announced trading volume and preliminary variable transaction fees per million for December 2024 and the fourth quarter ended December 31, 2024.1 Chris Concannon, CEO of MarketAxess (MKTX), co...

  8. BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution
    Business Wire | 01/03/25 04:07 PM EST

    BNY Mellon Municipal Bond Infrastructure Fund, Inc. (DMB) today announced a distribution of $0.0300 per share of common stock, payable on February 3, 2025 to shareholders of record at the close of business on January 21, 2025. The Fund intends to make regular monthly distributions to its common shareholders at a level rate based on its projected performance.

  9. Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
    Business Wire | 01/02/25 07:23 PM EST

    The following Eaton Vance closed-end funds announced distributions today as detailed below. Municipal Bond Funds: Taxable Funds: Declaration ? 1/2/2025. Municipal Bond Funds: Taxable Funds: Funds Making Distributions Under a Managed Distribution Plan*: * These Funds make distributions in accordance with a managed distribution plan.

  10. KBRA Releases Research ? CMBS Loan Performance Trends: December 2024
    Business Wire | 01/02/25 03:59 PM EST

    KBRA releases a report on U.S. commercial mortgage-backed securities loan performance trends observed in the December 2024 servicer reporting period. Notably, while most sectors experienced an increase in their delinquency and distress rates over the past year, office and multifamily saw the biggest increases.

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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