News Results

  1. Willis Lease Finance Prices $200 Million Convertible Notes Offering
    MT Newswires | 07:05 AM EDT

    Willis Lease Finance (WLFC) said Thursday it priced a $200 million public offering of 2.50% convertible senior notes due 2031, up from $175 million earlier. The company said it also plans to give underwriters a 30-day option to buy up to an additional $30 million in notes to cover over-allotments.

  2. Willis Lease Finance Corporation Prices Upsized Convertible Senior Notes Offering and Borrowed Common Stock Offering to Facilitate Hedging Transactions
    GlobeNewswire | 06:30 AM EDT

    Willis Lease Finance Corporation (WLFC), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today the pricing of its public offering of $200.0 million aggregate principal amount of 2.50% convertible senior notes due 2031, for total net proceeds of approximately $193.1 million, after deducting underwriting discounts and other estimated offering expenses.

  3. Advanced Energy Industries Prices $1 Billion Senior Notes Offering
    MT Newswires | 04:01 AM EDT

    Advanced Energy Industries (AEIS) priced a private offering of $1 billion total principal amount of 0% convertible senior notes due 2031, the company said late Wednesday. The firm has provided a 13-day option to the initial purchasers to acquire up to an additional $150 million total principal amount of the notes, it said. The offering is expected to close on Monday, according to the company.

  4. Advanced Energy Announces Pricing of $1 Billion 0% Convertible Senior Notes
    Business Wire | 05/13/26 10:56 PM EDT

    Advanced Energy Industries, Inc. (AEIS), a global leader in highly engineered, precision power conversion, measurement, and control solutions, announced today the pricing of its private offering of $1.0 billion aggregate principal amount of 0% Convertible Senior Notes due 2031 at a premium of approximately 50% over the closing price of Advanced Energy?s common stock of $339.19 per share on May 13, 2026.

  5. Willis Lease Finance Corporation Announces Proposed Convertible Senior Notes Offering and Borrowed Common Stock Offering to Facilitate Hedging Transactions
    GlobeNewswire | 05/13/26 04:09 PM EDT

    Willis Lease Finance Corporation (WLFC), the leading lessor of commercial aircraft engines and global provider of aviation services, announced today its intention to offer, subject to market and other conditions, $175.0 million aggregate principal amount of convertible senior notes due 2031 in a public offering registered under the Securities Act of 1933, as amended.

  6. AM Best Assigns Issue Credit Ratings to Chubb INA Holdings LLC?s Senior Unsecured Bonds
    Business Wire | 05/13/26 03:34 PM EDT

    AM Best has assigned Long-Term Issue Credit Ratings of ?a+? to Chubb INA Holdings LLC recently announced CNY 4.0 billion issuance of senior unsecured bonds in the Hong Kong market in two tranches, which are guaranteed by Chubb Limited: CNY 2.5 billion 2.4% senior unsecured bonds due 2031; and CNY 1.5 billion 2.85% senior unsecured bonds due 2036.

  7. AM Best Downgrades Credit Ratings of NASW Insurance Company; Maintains Under Review With Negative Implications Status
    Business Wire | 05/13/26 02:43 PM EDT

    AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of NASW Insurance Company. The ratings reflect NASWIC?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

  8. AM Best Downgrades Credit Ratings of Arrow Mutual Liability Insurance Company
    Business Wire | 05/13/26 01:31 PM EDT

    AM Best has downgraded the Financial Strength Rating to B++ from A- and the Long-Term Issuer Credit Rating to ?bbb+? from ?a-? of Arrow Mutual Liability Insurance Company. The ratings reflect Arrow?s balance sheet strength, which AM Best assesses as very strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.

  9. Update: Market Chatter: Wells Fargo Offering Investment-Grade Bonds
    MT Newswires | 05/13/26 12:41 PM EDT

    Wells Fargo (WFC) is marketing investment-grade bonds in as many as three parts, with maturities between three and six years, Bloomberg reported Wednesday, citing a person familiar with the matter. The longest-maturity bond is being offered with a spread of about 1 percentage point above US Treasuries, the report said, adding proceeds are for general corporate purposes.

  10. Healthcare manager sued by UMB over bond-financed addiction facilities fights receivership
    SourceMedia Bond Buyer | 05/13/26 11:53 AM EDT

    "If successful in its motion, the trustee will harm not only patients, but also likely completely devalue all the bondholders' investments," Crossroads Health Management LLC said in a court filing.

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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