InvenTrust Properties (IVT) said late Thursday it has struck a deal to sell $250 million senior unsecured notes to raise funds for general corporate purposes, including debt repayment.
Finance chiefs of the Group of Seven nations on Thursday said it was urgent to limit the cost to the global economy of an enduring Middle East war and "reaffirmed the pressing need to move toward a lasting peace."
Inventrust Properties Corp (IVT): * Inventrust Properties Corp (IVT). ENTERS INTO A PRIVATE PLACEMENT OFFERING OF $250 MILLION SENIOR UNSECURED NOTES Source text: Further company coverage:
InvenTrust Properties Corp. (IVT) today announced that it has signed a definitive note purchase agreement providing for a private placement of $250 million senior unsecured notes of which $50 million are designated as 5.09% Series A senior notes due June 29, 2029, $100 million are designated as 5.32% Series B senior notes due June 29, 2031, and $100 million are designated as 5.60% Series C senior not...
The Toronto Stock Exchange was down Thursday for only the second time in twelve sessions on some profit taking, but also on lingering concerns around what impact the war on Iran will have on markets, as National Bank revised down its global growth forecast for 2026.
Closing of Merger of DMMS Purchaser, Inc. and MC Bancshares Anticipated for May 1 NEW ORLEANS and ATLANTA, April 16, 2026 DMMS Purchaser, Inc. and MC Bancshares, Inc., the holding company for M C Bank & Trust Company, jointly announced today the Board of Governors of the Federal Reserve System has granted regulatory approval of the proposed merger between the two companies.
News of a 10-day ceasefire between Israel and Lebanon may have reassured investors, said James Pruskowski, managing director at Hennion & Walsh, but it didn't cause munis to richen.
Financial stocks fell in late Thursday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each easing 0.2%. The Philadelphia Housing Index dropped 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 0.8%. Bitcoin gained 0.4% to $75,140, and the yield for 10-year US Treasuries advanced 2.7 basis points to 4.309%. In economic news,...
KBRA assigns a long-term rating of AAA to the County of Buncombe, NC General Obligation Bonds, Series 2026A, and Taxable General Obligation Bonds, Series 2026B. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade. To access ratings and relevant documents, click here.
Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each easing 0.1%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF was adding 0.8%. Bitcoin was increasing 0.4% to $75,140, and the yield for 10-year US Treasuries rose 2.7 basis points to 4.309%....
AM Best has affirmed the Financial Strength Rating of A-, the Long-Term Issuer Credit Rating of ?a-? and the Mexico National Scale Rating of ?aaa.MX? of Seguros El Potos?, S.A.. The outlook of these Credit Ratings is stable.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of the members of Government Employees Group. The ratings of GEICO reflect the group?s balance sheet strength, which AM Best assesses as strongest, as well as its strong operating performance, very favorable business profile and appropriate enterprise risk management.
* Middle East conflict and tariffs fuel inflation concerns, oil prices rise. * Labor market shows stability, but softening could prompt Fed to ease policy. * Fed funds futures now price less than 50% chance of rate cut by year-end. By Karen Brettell.
AM Best has affirmed the Financial Strength Rating of B, the Long-Term Issuer Credit Rating of ?bb+? and the Mexico National Scale Rating of ?a+.MX? of Momento Seguros, S.A de C.V.. The outlook of these Credit Ratings is stable.
Market Intelligence analyst Jeff Lipton argues that state bond bank debt remains one of the muni market's most conservative, well-secured allocations ? and makes the case for expanding bond bank models to broaden infrastructure access for smaller and underserved local borrowers and for addressing growing funding needs brought about by shifting federal priorities.
AM Best has upgraded the Financial Strength Rating to A from A-, the Long-Term Issuer Credit Ratings to ?a? from ?a-?, and the Long-Term ICR to ?bbb? from ?bbb-? of SiriusPoint (SPNT) and its operating subsidiaries.
Group of Seven finance ministers and central bank governors have agreed to stay ready to act to mitigate economic and inflation risks caused by the Middle East war's energy price and supply shocks, French Finance Minister Roland Lescure said on Thursday.
Central bank independence is a prerequisite for successful monetary policy, Bank of France Governor Francois Villeroy de Galhau said on Thursday. "It's for our economies and society, because the practical experience is that independence brings lower inflation and lower interest rates," he said.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.3% and the State Street Financial Select Sector SPDR ETF shedding 0.2%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was declining 0.9% to $74,152, and the yield for 10-year US Treasuries was rising 2.3 ...
CoreWeave (CRWV) priced a private offering of $1 billion in 9.75% senior notes due 2031. The notes priced at 102% of face value and will be guaranteed on a senior unsecured basis by certain wholly owned subsidiaries, CoreWeave (CRWV) said Thursday in a statement.
Federal Reserve Gov. Stephen Miran Thursday said that the Iran war and tariffs will not have long-term impacts on inflation, but did say he is reconsidering his rate cut outlook for the year.
US industrial production saw a surprise decrease in March, Federal Reserve data showed, though Oxford Economics said it's too soon to blame the Middle East conflict for the drop. Industrial output fell 0.5% last month following an upwardly revised 0.7% growth in February, the Fed said Thursday.
The Virginia state legislature is weighing financial gains for local governments against billions of dollars in lost tax revenue and growing homeowner opposition to data centers.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aaa? of National Indemnity Company and its affiliates. The ratings reflect National Indemnity?s balance sheet strength, which AM Best assesses as strongest, as well as its very strong operating performance, very favorable business profile and appropriate enterprise risk management.
CoreWeave, Inc. (CRWV) announced today that it priced a private offering of $1,000 million aggregate principal amount of 9.750% senior notes due 2031. CoreWeave (CRWV) intends to use the proceeds from the offering of the Notes for general corporate purposes, including, without limitation, repayment of outstanding indebtedness, and to pay fees, costs and expenses in connection with the offering of the Notes.
Financial stocks were lower in Thursday afternoon trading, with the NYSE Financial Index decreasing 0.1% and the State Street Financial Select Sector SPDR ETF shedding 0.3%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF was adding 0.6%. Bitcoin was declining 0.9% to $74,152, and the yield for 10-year US Treasuries was rising 2.3 ...
Sallie Mae Offers Guidance and Free Resources to Compare Financial Aid Offers Each spring, students and families reach one of the most important milestones in the college decision process: receiving financial aid offer letters from colleges and universities.
* Warren urges delay of Warsh hearing over incomplete financial disclosures. * Warsh cites confidentiality agreements for disclosure gaps, pledges divestment if confirmed. * Warsh's path to Fed blocked by Republican Senator Tillis and unified opposition by Democrats. * Trump administration wants Warsh confirmed by May 15 when Powell's chair term ends. By Richard Cowan.
Wages stagnate over the year despite lower functional unemployment rate in Q1 WASHINGTON, April 16, 2026 "Functional unemployment" improved across all demographics in March, alongside a drop in labor force participation rates. LISEP issued its March True Rate of Unemployment alongside its Q1 2026 True Weekly Earnings report.
Federal Reserve Governor Stephen Miran, by far the U.S. central bank's most aggressive advocate?for fast and immediate interest rate cuts, said on Thursday he may again scale back the pace at which he thinks rates should fall because inflation is proving more persistent than expected.
Federal Reserve Governor Stephen Miran, by far the U.S. central bank's most aggressive advocate for fast and immediate interest rate cuts, said on Thursday he may again scale back the pace at which he thinks rates should fall because inflation is proving more persistent than expected.
AM Best has revised the outlook to positive from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb? of the Joint-Stock Company Subsidiary of Halyk Bank of Kazakhstan Halyk Insurance Company.
The Toronto Stock Exchange is down 20 points at midday, with most sectors in the green. Telecoms and info tech the best performers, up 1.5% and 1.3%, respectively. In Canada, the focus was on the release of existing home sales data for March.
New applications for U.S. unemployment benefits fell more than expected last week, suggesting labor market conditions remained stable, though employers are cautious about increasing headcount as the war with Iran casts a shadow over the economy.
AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Ratings to ?a? from ?a-? of the rated operating subsidiaries of SiriusPoint Ltd. [NYSE: SPNT]. Additionally, AM Best has upgraded the Long-Term ICR to ?bbb? from ?bbb-? of SiriusPoint, which is a non-operating holding company..
The average rate on the popular U.S. 30-year fixed-rate mortgage fell to a four-week low this week, but remained well above its pre-war level. The 30-year fixed mortgage rate averaged 6.30%, down from 6.37% last week, mortgage finance agency Freddie Mac said on Thursday. The rate shot up to an average of 6.46% at the beginning of April.
U.S. Democratic Senator Elizabeth Warren on Thursday said she believes the holes in Federal Reserve chair nominee Kevin Warsh's financial disclosures of his more than $100 million in assets do not pass muster with Senate ethics rules and add to reasons his confirmation hearing set for Tuesday should be delayed.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.30%. ?Mortgage rates declined this week to a four-week low of 6.30%,? said Sam Khater, Freddie Mac?s Chief Economist.
The Bank of Canada has signaled a willingness to look through the energy-driven pick-up in headline inflation, said UBS. However, the key thing the BoC will be watching will be the breadth of inflation pressures, which could widen a touch in the March print, but should remain similar to that seen in recent months and in line with the pre-pandemic period, wrote the bank in a note to clients.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Middle East Insurance Company Plc. The ratings reflect MEICO?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
eOriginal? platform capabilities now support Federal Home Loan Bank of Des Moines acceptance of digital CRE, Ag, MF, and HELOC collateral Building on its recent expansion of secured party access and digital collateral visibility, Wolters Kluwer Financial & Corporate Compliance today announced support and coordination with the Federal Home Loan Bank of Des Moines following its decision to accep...
* Iran says nuclear issues unresolved. * Traders see 36% chance of a US rate cut this year. * US weekly jobless claims drop amid labor market stability. By Ashitha Shivaprasad. Gold prices held steady on Thursday, as markets monitored U.S.-Iran developments and their implications for inflation and interest rates.
The European Central Bank still has a chance to look past the current inflation shock and calm judgment must prevail over haste, Finnish central bank chief Olli Rehn said on Thursday. Euro zone inflation jumped well above the 2% target last month as oil prices surged, prompting policymakers to debate whether to raise interest rates to prevent the shock from triggering a broader inflation spiral.
Weekly applications for unemployment insurance in the US fell more than expected, while continuing claims surpassed Wall Street's estimates, government data showed Thursday. For the week through April 11, the seasonally adjusted number of initial claims decreased by 11,000 to 207,000 from the previous week's average that was adjusted downward by 1,000, the Department of Labor said.
The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by lawmakers on Thursday.
The Bank of England is testing the risks to the financial system caused by AI by conducting scenario analysis and simulations, the central bank said in a letter published by lawmakers on Thursday.
Europe should renew a dormant discussion about joint debt issuance and should consider financing 'public goods' via such an instrument, European Central Bank board member Isabel Schnabel said on Thursday. "The logical way to do this is to say European public goods should be financed at the European level via common debt," Schnabel told a Peterson Institute lecture.
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.
Log In Required
Publication Date