Kinross Gold Corporation (KGCRF) announced today that Moody?s Investors Service has upgraded the senior unsecured rating of Kinross to Baa2 from Baa3. In its announcement, Moody?s noted Kinross? scale and production profile, low financial leverage and conservative financial policies as key factors driving the upgrade.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.19%. ?Mortgage rates decreased for the second straight week as we emerged from the Thanksgiving holiday,? said Sam Khater, Freddie Mac?s Chief Economist.
Endeavour Silver Corp. (EXK) announced today the closing of its previously announced offering of US$350 million aggregate principal amount of 0.25% unsecured convertible senior notes due 2031, which includes the exercise in full of the US$50 million option granted to the initial purchasers of the Notes.
Check Point Software Technologies Ltd. (CHKP), a pioneer and global leader of cyber security solutions, today announced the pricing of $1.75 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Kimco Realty?, a real estate investment trust and leading owner and operator of high-quality, open-air, grocery-anchored shopping centers and mixed-use properties in the United States, today announced the company achieved an ?A3? credit rating with a stable outlook from Moody?s Ratings, placing Kimco (KIM) among a select group of REITs with A-level ratings from the three largest ratings agencies.
IREN Limited (IREN) today announced the pricing of its offering of $1 billion aggregate principal amount of 0.25% convertible senior notes due 2032 and $1 billion aggregate principal amount of 1.00% convertible senior notes due 2033 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Check Point Software Technologies Ltd. (CHKP), a pioneer and global leader of cyber security solutions, today announced its intention to offer, subject to market conditions and other factors, $1.5 billion aggregate principal amount of 0.00% Convertible Senior Notes due 2030 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Greystone, a leading national commercial real estate finance company, has provided a $24,477,000 Fannie Mae DUS? loan to refinance Manchester at Wesleyan, a 328-unit garden-style apartment community located in Macon, Georgia.
Endeavour Silver Corp. (EXK) announced today that it has priced its previously announced offering of unsecured convertible senior notes due 2031. The Notes will bear cash interest semi-annually at a rate of 0.25% per annum.
Enerflex Ltd. (EFXT) today announced that Enerflex Inc., a wholly owned subsidiary of Enerflex (EFXT), has priced its previously announced private offering of $400 million in aggregate principal amount of 6.875% senior notes due 2031.
IREN Limited (IREN) today announced its intention to offer, subject to market and other conditions, $1 billion aggregate principal amount of convertible senior notes due 2032 and $1 billion aggregate principal amount of convertible senior notes due 2033 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as a...
Enerflex Ltd. (EFXT) today announced that Enerflex Inc., a wholly owned subsidiary of Enerflex (EFXT), commenced a private offering to eligible purchasers of $400 million in aggregate principal amount of senior notes due 2031, subject to market and other conditions.
The Bombardier team is proud to share that Moody?s has upgraded the company?s credit rating from B1 to Ba3, with a positive outlook. This achievement reflects the company?s strong and consistent execution across business segments, solid financial performance and disciplined deleveraging efforts over recent years.
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.