HAMILTON, Bermuda, May 7, 2026 Paratus Energy Services Ltd. (PLSVF) hereby gives notice to all holders of the Senior Secured Notes due 2026 governed by that Amended and Restated Indenture, dated as of January 20, 2022; that further to the Company's successful completion of a private placement of USD 250,000,000 five year senior secured bonds due 2031 the Company has today commenced the process of redee...
European Central Bank board member Isabel Schnabel said on Thursday that there appeared to be a disconnect between record stock market valuations and the risks facing the global economy. "There really seems to be a kind of disconnect," she said at an event at the London School of Economics.
Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index down 0.8% and the State Street Financial Select Sector SPDR ETF shedding around 0.7%. The Philadelphia Housing Index dropped 1.5%, and the State Street Real Estate Select Sector SPDR ETF declined 1%. Bitcoin fell 2% to $79,831, and the yield for 10-year US Treasuries rose 2.2 basis points to 4.378%. In economic ne...
FEMA reform has stopped and started on Capitol Hill as local governments welcome a rule requiring the agency to build a dashboard to track the flow of disaster recovery funds.
* Canadian dollar touches a one-week low at 1.3645. * Price of oil increases 0.7% * Bond yields rise across the curve. By Fergal Smith. The Canadian dollar steadied near a one-week low against its U.S. counterpart on Thursday as investors awaited domestic jobs data that could guide expectations for interest rate hikes by the Bank of Canada.
Financial stocks fell in Thursday afternoon trading with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each shedding 0.5%. The Philadelphia Housing Index dropped 1.1%, and the State Street Real Estate Select Sector SPDR ETF declined 0.5%. Bitcoin fell 2% to $79,831, and the yield for 10-year US Treasuries rose 2.2 basis points to 4.378%. In corporate news, JPMor...
The rating agency cited an improving governance profile, which incorporates a trend of budgetary reserve fund maintenance and increasing pension contributions.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.37%. ?The 30-year fixed-rate mortgage averaged 6.37% this week,? said Sam Khater, Freddie Mac?s Chief Economist. News Facts The PMMS? is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Federal Reserve Bank of Cleveland President Beth Hammack said in a radio interview on Thursday she expects the central bank to hold interest rates steady well into the future as it navigates a climate of considerable uncertainty.
Consumer expectations for one-year US inflation growth accelerated to a 3.6% gain in April from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Thursday. The median inflation expectations remained at a 3.1% gain for the three-year period and remained at a 3.0% gain for five years ahead for the eight consecutive month.
HAMILTON, Bermuda, May 7, 2026 Paratus Energy Services Ltd. (PLSVF) refers to the announcement made on 4 May 2026 regarding fixed income meetings regarding a potential new issuance of bonds. The bond issue attracted strong demand from investors globally and was significantly oversubscribed.
Americans were unworried at the prospect of a broader inflation breakout in April despite rising price pressures driven by war in the Middle East, a survey released by the Federal Reserve Bank of New York said on Thursday. Respondents to a survey from the bank said that as of last month, they expected to see inflation a year from now at 3.6%, a modest rise from the 3.4% seen in March.
U.S. construction spending rebounded in March, boosted by a surge in single-family homebuilding, but higher mortgage rates could limit further gains. The Commerce Department's Census Bureau said on Thursday that construction spending rose 0.6% after falling 0.2% in February. Construction spending advanced 1.6% on a year-over-year basis in March.
Federal Reserve Bank of Cleveland President Beth Hammack reiterated on Thursday that risks of higher inflation in the future argued against the U.S. central bank holding on to its policy leaning toward cutting rates at some point in the future. Hammack dissented at the most recent Fed meeting about the ongoing inclusion of language implying the Fed's next move would be a rate cut.
* Weekly jobless claims increase 10,000 to 200,000. * Continuing claims decrease to lowest level since January 2024. By Lucia Mutikani. The number of Americans filing claims for unemployment benefits rose moderately last week amid low layoffs, underscoring labor market stability and strengthening financial market expectations that the Federal Reserve will not cut interest rates this year.
US construction spending rose by 0.6% in March, compared with a 0.2% increase expected in a survey compiled by Bloomberg and following a 0.2% decrease in February.
"MSRB's strategic plan was shaped by the many conversations we've had with stakeholders from across the municipal securities market," MSRB CEO Mark Kim said.
Asset manager BlackRock cut the value of its private credit fund BlackRock TCP Capital Corp (TCPC) in the first quarter, it said Thursday. BlackRock TCP Capital Corp's (TCPC) net asset value per share dropped roughly 5% at fair value to $6.72 in the first quarter, according to its earnings disclosure.
Parex Resources (PARXF) will issue US$500 million aggregate principal amount of senior unsecured notes due 2031 in a private placement offering, it said Thursday. The notes were priced at par and will bear interest at a rate of 8.50% per annum and mature on May 11, 2031.
Asset manager Blackstone cut the value of its private credit fund Blackstone Secured Lending Fund (BXSL) in the first quarter, it said on Thursday. ??? Blackstone Secured Lending Fund's (BXSL) net asset value per share dropped 2.4% to $26.26 in the first quarter at fair value, according to its earnings disclosure.
Asset manager Blackstone cut the value of its private credit fund Blackstone Secured Lending
Fund (BXSL) in the first quarter, it said Thursday. Blackstone Secured Lending Fund's (BXSL) net asset value per share dropped 2.4% to $26.26 in the first quarter at fair value, according to its earnings disclosure.
Industrial production in Brazil slowed in March from February, but still exceeded market expectations, government statistics agency IBGE said on Thursday. * Production rose 0.1% in the period, up for the third consecutive month but slowing from February's 0.9% increase. * The median estimate in a Reuters poll projected a 0.2% drop.
Federal Home Loan Bank of Atlanta, Atlantic Union Bank, and Jubilee Housing are pleased to celebrate the groundbreaking?for six affordable multifamily rental developments in Washington, D.C.
SLM Corp (SLM): * SLM CORPORATION PRICES PUBLIC OFFERING OF SENIOR NOTES. * SALLIE MAE - PRICES $500 MILLION 6.495% SENIOR NOTES DUE 2032 AT PAR. * SALLIE MAE - INTENDS TO USE PROCEEDS TO PURCHASE UP TO $500 MILLION 3.125% NOTES DUE 2026 Source text: Further company coverage:
Policymakers at Chile's central bank considered the option of raising interest rates at their April meeting amid global uncertainty stemming from the U.S.-Israeli war on Iran, the meeting minutes showed on Thursday.
With central banks soaking up record tonnage and global mine output peaking, the developers already permitted, financed, and turning drill rigs are being repriced fast ? and one of them just sent crews to site this week. Equity-Insider.com News Commentary ? Central bank buying has rewired the gold market, and most investors haven't caught up.
Sallie Mae?, formally SLM Corporation (SLM), announced that it priced its public offering of $500 million aggregate principal amount of 6.495% Fixed-to-Floating Rate Senior Notes due 2032 at par. J.P. Morgan Securities LLC and Barclays Capital Inc. are acting as joint book-running managers.
US initial jobless claims rose to a level of 200,000 in the week ended May 2 from an upwardly revised 190,000 level in the previous week, compared with expectations for a larger increase to 205,000 in survey of analysts compiled by Bloomberg. The four-week moving average fell by 4,500 to 203,250 after decreasing by 3,250 to a level of 207,750 in the previous week.
The number of Americans filing claims for unemployment benefits rose moderately last week amid low layoffs, underscoring labor market stability and strengthening financial market expectations that the Federal Reserve will not cut interest rates this year.
The number of Americans filing claims for unemployment benefits increased less than expected last week amid low layoffs that are helping to anchor the labor market. Initial claims for state unemployment benefits rose 10,000. to a seasonally adjusted 200,000 for the week ended May 2, the Labor Department said on Thursday.
Industrial production in Brazil rose 0.1% in March from February, government statistics agency IBGE said on Thursday, beating the median estimate in a Reuters poll which projected a decrease of 0.2%. Output was up 4.3% year-on-year in March, IBGE added.
Parex Resources Inc (PARXF): * PAREX RESOURCES ANNOUNCES PRIVATE OFFERING OF US$500 MILLION SENIOR NOTES. * Parex Resources Inc (PARXF) - TO ISSUE US$500 MILLION SENIOR UNSECURED NOTES DUE 2031. * Parex Resources Inc (PARXF) - NET PROCEEDS TO BE HELD IN ESCROW PENDING FRONTERA DEAL COMPLETION Source text: Further company coverage:
APi Group Corporation (APG) today announced the launch of a $500 million senior unsecured notes offering, subject to market and other customary conditions.
Bank is now one of 24 DUS? Lenders. Fifth Third Bancorp (FITB) announced closing of a transaction to acquire Mechanics Bank?s Delegated Underwriting and Servicing business line, including an experienced lending team, and a $1.8 billion unpaid principal balance servicing portfolio.
Mechanics Bancorp (MCHB) announced today that Mechanics Bank, a wholly owned subsidiary, has completed the previously announced sale of its Fannie Mae Delegated Underwriting and Servicing business line to Fifth Third Bank, National Association for aggregate cash consideration of approximately $126 million.
The US dollar fell against its major trading partners early Thursday ahead of the release of weekly jobless claims and the preliminary estimate of Q1 productivity, both at 8:30 am ET.
* Box office revenue up 1.41%, according to film administration. * Spurring sluggish consumption remains a priority for China's economy. * Tourism spending is an indicator of overall consumer confidence. By Sophie Yu and Casey Hall.
To help address the growing need for skilled affordable housing developers, the Federal Home Loan Bank of Chicago, in partnership with member Associated Bank, has awarded $375,000 through its Community First? Developer Program to two nonprofit organizations in Illinois and Wisconsin. This press release features multimedia.
Commerzbank in its "European Sunrise" note of Wednesday highlighted: Markets: United States Treasuries trade sideways in New York and Asia. Fed: Chicago Federal Reserve President Austan Goolsbee says impact of Artificial Intelligence on monetary policy uncertain; rate cuts possible if productivity growth happens unexpectedly, otherwise rates could rise.
South Africa's improving fiscal performance and reform momentum should help government debt stabilise this year before gradually declining, Moody's Ratings said in a report dated Wednesday. Moody's said stronger revenue, spending restraint and improving funding costs supported the credit-positive shift, though debt above 80% of GDP continued to limit the government's ability to absorb shocks.
Ahead of the upcoming summit between the United States and China, Bank of Montreal noted that the bilateral trade imbalance is melting before its eyes. In fact, the latest trade data for March revealed that the U.S. now runs a larger trade deficit with Taiwan than it does with China, said the bank. This is no "onemonth wonder," pointed out BMO.
Kraft Heinz's Kraft Heinz Foods unit is planning to offer 1 billion euros in notes, tapping Europe's bond market to raise funds for dollar notes' buybacks, Bloomberg reported Thursday, citing a source familiar with the matter. The company plans to offer an equal amount of five-year and eight-year notes under the offering and pricing is expected late Thursday, according to the report.
Broadridge-backed LTX to add Representatives from J.P. Morgan and TD Securities?to its Board of Directors NEW YORK, May 7, 2026 ?LTX, an AI-powered corporate bond e-trading venue backed by global Fintech leader, Broadridge Financial Solutions, Inc. (BR), today announced that Goldman Sachs, J.P. Morgan, TD Securities, Morgan Stanley, and Bank of America have joined LTX as fully integrated liquidity p...
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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