Moody's: * MOODY'S: CHANGE IN OUTLOOK TO POSITIVE REFLECTS INCREASED LIKELIHOOD THAT FISCAL CONSOLIDATION WILL STRENGTHEN BAHAMAS' CREDIT PROFILE OVER TIME. * MOODY'S: BAHAMAS' POSITIVE FISCAL & LIQUIDITY DEVELOPMENTS UNLIKELY TO BE AFFECTED BY PERIOD OF GLOBAL FINANCIAL MARKETS VOLATILITY Source text:
Moody's: * MOODY'S RATINGS ASSIGNS A CAA1 CFR TO SPIRIT AIRLINES FOLLOWING EMERGENCE FROM BANKRUPTCY; OUTLOOK STABLE. * MOODY'S: OUTLOOKS FOR SPIRIT AND SPIRIT IP ARE STABLE. * MOODY'S: WEAKENING CONSUMER CONFIDENCE & REDUCED SPENDING FROM LOWER-INCOME DEMOGRAPHIC WILL BE HEADWINDS TO SPIRIT ACHIEVING ITS TURNAROUND PLAN.
B Riley Financial Inc (RILY): * B. RILEY FINANCIAL ANNOUNCES PRIVATE BOND EXCHANGE TO REDUCE DEBT BY APPROXIMATELY $12 MILLION. * B Riley Financial Inc (RILY) - INVESTOR TO EXCHANGE $22 MILLION IN SENIOR NOTES FOR $10 MILLION IN NEW NOTES Source text: Further company coverage:
Credit ratings giant S&P Global has said it is reviewing all its macro economic forecasts in the wake of Donald Trump's sweeping world trade tariffs this week, a move likely to fuel concerns of a renewed wave of credit score downgrades.
* Revised forecasts due next week, inflation jump seen. * Impact on US GDP will depend on retaliation, S&P says. * Cut to forecasts feeds rating downgrade expectations. By Marc Jones.
Italy's pledges to increase defence spending to help Ukraine could scupper government efforts to rein in the mammoth public debt, analysts say, posing a threat to the creditworthiness of the euro zone's third-largest economy.
Fitch: * FITCH: NEGATIVE OUTLOOK REFLECTS VIEW THAT SOUTHWEST AIRLINES MAY SHIFT TO A LESS CONSERVATIVE CAPITAL ALLOCATION & FINANCIAL POLICY. * FITCH: SOUTHWEST AIRLINES OUTLOOK REFLECTS VIEW THAT ONGOING STRATEGIC CHANGES HAVE POTENTIAL TO IMPACT COMPETITIVE POSITION VERSUS NETWORK CARRIERS.
- Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast, Fitch said, adding that there is uncertainty about their impact.
- Global ratings agency Fitch on Thursday downgraded China's long-term foreign currency credit rating to 'A' from 'A+', on expectations of weak public finances and rapidly rising debt. The latest U.S. reciprocal tariffs have not been incorporated in the forecast, Fitch said, adding that there is uncertainty about their impact.
* Bond giant PIMCO turns a little more cautious on dollar. * Says U.S. could see a ratings downgrade this year. * Says high U.S. debt levels could cause more problems. By Yoruk Bahceli.
PIMCO has turned a "little bit more cautious" on the dollar in recent months and was a touch underweight the U.S. currency across portfolios, the bond giant's group chief investment officer Daniel Ivascyn said on Wednesday. The dollar index has shed nearly 4% so far this year on growing concerns that U.S. tariff uncertainty raises recession risks for the world's biggest economy.
Fitch: * FITCH AFFIRMS ISRAEL AT 'A'; OUTLOOK NEGATIVE. * FITCH: EXPECT ISRAEL WILL REMAIN HEAVILY INVOLVED IN GAZA OVER MEDIUM TERM. * FITCH: ISRAEL'S NEGATIVE OUTLOOK REFLECTS RISING PUBLIC DEBT, DOMESTIC POLITICAL, GOVERNANCE CHALLENGES, UNCERTAIN PROSPECTS FOR CONFLICT IN GAZA.
Moody's: * MOODY'S: UK'S MOVES TO RESTORE BUDGET HEADROOM REFLECT DIFFICULT FISCAL OUTLOOK. * MOODY'S: UK CHANCELLOR'S STATEMENT'S MEASURES DO NOT CHANGE OUR VIEW OF UK'S CREDIT QUALITY & DIFFICULT FISCAL CONSOLIDATION PROSPECTS. * MOODY'S: OUR UK DEFICIT FORECAST FOR 2025 IS BROADLY IN LINE WITH OBR'S, BUT WE EXPECT THE PACE OF FISCAL CONSOLIDATION TO SLOW IN THE COMING YEARS.
Core Natural Resources Inc (CNR): * CORE NATURAL RESOURCES ANNOUNCES COMPLETION OF HIGHLY SUCCESSFUL REFINANCING EFFORT. * CORE NATURAL RESOURCES (CNR) : AS PART OF REFINANCING EFFORT, CO INCREASED TOTAL BOND AMOUNT FROM $276 MILLION TO $307 MILLION. * CORE NATURAL RESOURCES (CNR) : ESTABLISHED A 10-YEAR INITIAL TERM FOR NOW UNSECURED BONDS, WHICH MATURE IN MARCH 2035 Source text: Further company coverage:
Toromont Industries Ltd (TMTNF): * TOROMONT PRICES PRIVATE OFFERING OF CDN$300 MILLION 3.76% SENIOR UNSECURED NOTES DUE 2030 Source text: Further company coverage:
VICI Properties Inc (VICI): * VICI PROPERTIES ANNOUNCES PRICING OF PUBLIC OFFERING OF $1.3 BILLION OF SENIOR UNSECURED NOTES. * VICI Properties Inc (VICI) - $400 MILLION 4.750% SENIOR UNSECURED NOTES DUE 2028 ISSUED AT 99.729% OF PAR. * VICI Properties Inc (VICI) - INTEREST ON 2028 AND 2035 NOTES PAYABLE APRIL 1 AND OCTOBER 1 Source text: Further company coverage:
MOODY'S: * MOODY'S: NEGATIVE OUTLOOK REFLECTS RISKS TO RWANDA'S CREDIT PROFILE ASSOCIATED WITH CONFLICT IN EASTERN PROVINCES OF DEMOCRATIC REPUBLIC OF CONGO Source text:
B Riley Financial Inc (RILY): * B. RILEY FINANCIAL ANNOUNCES PRIVATE BOND EXCHANGE TO REDUCE DEBT BY APPROXIMATELY $35 MILLION. * B Riley Financial Inc (RILY) - INVESTOR TO EXCHANGE $123 MILLION IN SENIOR NOTES FOR $88 MILLION IN NEW NOTES. * B Riley Financial Inc (RILY) - COMPANY ISSUING WARRANTS TO PURCHASE 351,000 SHARES AT $10.00 PER SHARE Source text: Further company coverage:
Starwood Property Trust Inc (STWD) : * STARWOOD PROPERTY TRUST ANNOUNCES UPSIZING AND PRICING OF PRIVATE OFFERING OF SUSTAINABILITY BONDS. * Starwood Property Trust Inc (STWD) - PRICES $500 MILLION OF 6.500% NOTES DUE 2030 Source text: Further company coverage:
* S&P: U.S. ECONOMIC OUTLOOK SEES GROWTH LOSING STEAM AMID SHIFTING POLICIES. * S&P ON U.S. ECONOMY: FORECAST INFLATION TO REMAIN CLOSER TO 3.0% IN 2025 AS TARIFFS INCREASE PRICES ALONG DOMESTIC SUPPLY CHAIN & FOR END CONSUMERS.
GOEASY LTD (EHMEF): * GOEASY LTD (EHMEF). ANNOUNCES PROPOSED OFFERING OF US$400 MILLION OF SENIOR UNSECURED NOTES. * GOEASY LTD (EHMEF) - TO ENTER CURRENCY SWAP AGREEMENT FOR NOTES PROCEEDS Source text: Further company coverage:
Easterly Government Properties Inc (DEA) : * EASTERLY GOVERNMENT PROPERTIES ISSUES $125 MILLION IN SENIOR UNSECURED NOTES Source text: Further company coverage:
The recent drop in U.S. yields has raised speculation that a wave of buying of Treasury securities and derivative products called interest rate swaps by mortgage portfolio managers and insurance companies was partly responsible for their decline. These purchases are for "convexity" buying that helps offset the effects of mortgage refinancing to take advantage of lower interest rates.
India's Toyota Financial Services plans to raise 5 billion
rupees ($58.4 million) through the sale of bonds maturing in two years and 11 months, three
bankers said on Tuesday.
The company ...
Fortis Inc (FTS): * Fortis Inc (FTS). ANNOUNCES PRICING OF SENIOR UNSECURED NOTES. * Fortis Inc (FTS) - PRICES $600 MILLION OFFERING OF 4.090% SENIOR UNSECURED NOTES DUE 2032. * Fortis Inc (FTS) - NET PROCEEDS TO REDUCE BORROWINGS AND FOR GENERAL CORPORATE PURPOSES Source text: Further company coverage:
Fnac Darty SA: * FNAC DARTY S.A. ANNOUNCES OFFERING OF ?300 MILLION SENIOR NOTES DUE 2032. * PROCEEDS TO FUND OCEANE BONDS REPURCHASE, UNIEURO ACQUISITION. * HAS OBTAINED CONSENT OF ITS BANKS TO EXTEND MATURITY OF ITS REVOLVING CREDIT FACILITY AND ITS DELAYED-DRAW TERM LOAN TO MARCH 2030 Source text: Further company coverage:
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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