Indonesia's stocks and currency skidded on Friday after Moody's lowered the country's credit rating outlook, the latest jolt for Southeast Asia's largest economy, wiping about $120 billion off its equity market in a turbulent start to the year.
Credit ratings agency Moody's revised Israel's outlook to "stable" from "negative" on Friday, saying that the ?country's exposure to geopolitical risks has materially eased from ?very high levels.
Credit ratings agency ?Moody's revised Israel's ?outlook to "stable" ?from "negative" ?on ?Friday, saying that ?the ?country's exposure to ?geopolitical ?risks ?has materially eased from very ?high levels. The agency affirmed ?Israel's ?local and ?foreign currency ratings at "Baa1".
Brazilian airline Azul secured $1.37 billion in a bond issue, the company said in a securities filing ?on Friday, in a key step toward exiting Chapter 11 bankruptcy proceedings.
India's Muthoot Finance has accepted bids worth $600 million for dollar-denominated bonds maturing in four years and six months, the country's ?largest gold finance company said in a notice to stock exchanges on ?Friday. The company will offer a yield of 5.75% ?to investors, below the initial price guidance ?of 6.1250%, ?two merchant bankers said.
Diversified Energy Co (DEC): * ?DIVERSIFIED ?ENERGY CO - ?DIVERSIFIED ?GAS & ?OIL CORP ?HAS SUCCESSFULLY ?PLACED A USD ?200 ?MILLION ?TAP ISSUE OF ?OUTSTANDING SENIOR SECURED BONDS DUE ?APRIL ?2029. * DIVERSIFIED ?ENERGY CO - TOTAL BOND OUTSTANDING INCREASES TO ?USD 500 MILLION Source text: Further ?company coverage:
Multilateral lender AfreximBank terminated its relationship ?with credit rating ?firm Fitch on Friday, ?due to ?what ?it said was ?a "firm ?belief" that the agency's rating exercise ?no ?longer ?reflected the bank's establishment agreement.
Brazilian investment bank BTG ?Pactual raised $750 ?million with the ?issuance ?of dollar-denominated ?bonds maturing in ?five ?years and priced at ?a 5.50% ?coupon ?and yield, IFR reported on ?Thursday. * The notes issued were senior unsecured, ?IFR ?said. * The company ?intends to use the resources for general business purposes, it ?added.
Connecting Excellence ?Group ?PLC : * ?CONNECTINGEXCELLENCE - ?SETTLEMENT ?OF ?FIRST ?XCE BTC BOND ISSUE. * ?CONNECTING ?EXCELLENCE ?GROUP : RECEIVED SETTLEMENT OF ?10 BITCOIN FOR FIRST ?XCE ?BTC BOND, ?ISSUED ON 31 DECEMBER ?2025 Source text: Further ?company coverage:
U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced ?their merger.
U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced their ?merger.
* Stocks up 0.5%, FX down 0.1% * Poland's 2025 deficit lower than planned. * IMF plans $8.1 billion lending program for Ukraine- Georgieva. * EM equity funds see record inflows of $9.7 bln - J.P.Morgan. * Lebanon's international bonds near six-year highs. By Ragini Mathur and Twesha Dikshit.
U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.
* Barclays forecasts $2.46 trillion bond issuance in 2026. * Net issuance to rise 30% from last year. * Big Five hyperscalers expected to borrow $140 billion annually, BofA analysts say. By Matt Tracy. U.S. corporate bond issuance is expected to increase substantially in 2026, driven in part by AI hyperscaler companies' build-out needs, analysts forecast.
Fideicomiso Irrevocable ?1721 ?Banco Actinver S ?A ?Institucion ?de ?Banca ?Multiple Gr: * ?FIBRA ?PROLOGIS ?ANNOUNCES THE ISSUANCE ?AND SALE OF ?USD$500 MILLION ?OF 12-YEAR ?SENIOR UNSECURED NOTES IN ?THE INTERNATIONAL MARKETS Source text: Further ?company coverage:
* Delta sees 20% earnings growth in 2026. * Airline doubles down on premium strategy. * Delta orders Boeing (BA) 787-10s to diversify its widebody fleet. By Rajesh Kumar Singh.
?Scope ?Ratings: * ?SCOPE ?RATINGS: "BROAD ?WEAKENING" ?OF ?GOVERNANCE ?STANDARDS IN ?THE U.S. ?INCREASES THE ?RISK ?OF ?POLICY ?MISSTEPS, INCLUDING ?BY THE FEDERAL ?RESERVE.
* CFPB faces extinction under Trump administration, will run out of money in early 2026. * Warren defends CFPB, says it's crucial for consumer protection against financial abuse. * Critics argue CFPB is redundant, unconstitutional and has been used as political weapon. By Douglas Gillison.
State-backed China Vanke will likely mirror the strategies of some other cash-strapped Chinese developers and seek multiple short-term extensions for its bond repayments before ultimately proposing a debt restructuring, credit analysts said.
* Vanke's bond extension efforts face high rejection rates from bondholders. * Analysts expect Vanke to pursue multiple grace period extensions before a restructuring. * Vanke seen as a test case for local government support in distressed companies. By Clare Jim and Li Gu.
Embattled property developer China Vanke narrowly dodged a default on Monday after onshore bondholders approved a plan to extend the grace period of a 2 billion yuan bond repayment, a company filing?showed, temporarily relieving investor worries of a worsening debt crisis in the sector.
Federal Reserve Bank of Cleveland President Beth Hammack said she saw no need to change U.S. interest rates for months ahead after the central bank cut borrowing costs at its last three meetings, the Wall Street ?Journal reported on Sunday.
Xcel Energy (XEL) ?Inc: * ?Xcel Energy (XEL) ?ANNOUNCES ?PRICING ?TERMS OF ?CASH ?TENDER OFFERS FOR CERTAIN ?OUTSTANDING ?FIRST ?MORTGAGE BONDS ISSUED ?BY NORTHERN STATES POWER ?COMPANY. * ?Xcel Energy (XEL) - ANNOUNCES PRICING TERMS ?FOR $345 MILLION TENDER OFFERS Source text: Further ?company coverage: ;))
S&P: * S&P: AIRBUS OUTLOOK REVISED TO POSITIVE ON STEADY FREE CASH FLOW GENERATION; 'A' RATING AFFIRMED. * S&P: FUSELAGE PANEL REMEDIATION, SLIGHTLY REDUCED AIRCRAFT DELIVERY TARGETS FOR 2025 DO NOT AFFECT AIRBUS' CREDIT QUALITY IN OUR VIEW. * S&P: AIRBUS IS NOT MATERIALLY EXPOSED TO U.S. TRADE TARIFFS.
Cion Investment Corp (CION): * CION INVESTMENT CORPORATION ANNOUNCES THE ISSUANCE OF $172.5 MILLION SENIOR UNSECURED NOTES Source text: Further company coverage:
If British growth is sub-par, its labor market weakening and fiscal policy tightening, then the Bank of England looks behind the curve - and should now be playing catch-up to offset tightening real interest rates as inflation tumbles anew.
Cash-strapped China Vanke (CHVKF) kicked off a second meeting with holders of a 2 billion yuan bond on Thursday, as it scrambles to extend its debt payments with bondholders and banks in an effort to avoid a default. A default by Vanke, a state-backed developer, would add an additional weight on a property sector that has been in the doldrums for years.
China Vanke Co Ltd: * FITCH DOWNGRADES CHINA VANKE TO 'C' AND VANKE HK TO 'CC' * FITCH: WE EXPECT CHINA VANKE'S FREE CASH FLOW TO REMAIN NEGATIVE IN 2025 AND 2026, EVEN AFTER INCLUDING ASSET-SALE PROCEEDS. * FITCH: CHINA VANKE'S RATINGS REFLECT ITS HEIGHTENED DEFAULT RISK FROM BEING IN A GRACE PERIOD FOR BOND REPAYMENT Source text: Further company coverage:
Alvotech SA (ALVO): * ALVOTECH SUCCESSFULLY PLACES USD 108 MILLION SENIOR UNSECURED CONVERTIBLE BONDS IN A SIGNIFICANTLY OVERSUBSCRIBED OFFERING Source text: Further company coverage:
* Sweetens 1-yr repayment extension plan with $8.5 mln interest. * Seeks to extend repayment grace period to 30 days. * Meets insurers, banks on Wed, Bloomberg News reports.
* FITCH - PLACES EUROCLEAR BANK ON RATING WATCH NEGATIVE. * FITCH- ALSO PLACED ON RWN EUROCLEAR BANK'S AND EH'S VIABILITY RATINGS OF 'AA', SHORT-TERM IDRS OF 'F1+' AND DEBT RATINGS. * FITCH- RWN REFLECTS FITCH'S VIEW OF POTENTIALLY INCREASED LIQUIDITY AND LEGAL RISKS FOR EUROCLEAR BANK Source: https://tinyurl.com/3srmczss.
Credit rating agency Fitch on Monday downgraded the credit ratings of insurance giant Humana along with various subsidiaries. In a Monday report accompanying its downgrades, Fitch analysts cited a dim outlook for Humana's revenue margins recovery to previously higher levels.
Credit rating agency Fitch on Monday downgraded the credit ratings of insurance giant Humana along with various subsidiaries. In a Monday report accompanying its downgrades, Fitch analysts cited a dim outlook for Humana's revenue margins recovery to previously higher levels.
A subsidiary of the Depository Trust & Clearing Corporation has received a "no action" letter from the U.S. Securities and Exchange Commission to offer a service to tokenize stocks, exchange-traded funds and bonds, which the company plans to roll out next year.
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.