News Results

  1. PBF Energy Announces Intention to Offer $500 Million of Senior Notes due 2034
    PR Newswire | 07:55 AM EDT

    PARSIPPANY, N.J., May 26, 2026 PBF Energy Inc. (PBF) today announced that its indirect subsidiary, PBF Holding Company LLC, intends to offer, subject to market and other conditions, $500 million in aggregate principal amount of senior notes due 2034 in a private offering.

  2. Canada's Manulife raises $392 million from Singapore dollar Tier-2 bond
    Reuters | 06:00 AM EDT

    Canada's Manulife Financial Corp (MFC) has raised S$500 million through a 10-year subordinated Tier-2 bond with a non-call period of five years at a launch yield of 2.88%, an updated term sheet showed on Tuesday. Here are some details: * The final price guidance for the offering was set at 2.88%, tightening from initial price guidance of about 3.20%, according to the term sheet.

  3. Exchange operator ASX sinks most in 26 years as tech revamp swells costs
    Reuters | 05/25/26 11:57 PM EDT

    Australian stock exchange operator ASX Ltd (ASXFF) on Tuesday warned of a sharp rise in 2027 spending for technology upgrades and new product developments, sending its shares plunging more than 13% in their worst day in more than two decades and a half.

  4. Canada's Manulife launches benchmark Singapore dollar Tier-2 bond at about 3.20%
    Reuters | 05/25/26 10:11 PM EDT

    Canadian insurer Manulife Financial Corp (MFC) has launched a 10-year Singapore dollar-denominated subordinated Tier-2 bond with a non-call period of five years, according to a term sheet on Tuesday. Here are a few details: * The initial price guidance for the offering was set at about 3.20%, according to the term sheet.

  5. AM Best Assigns Credit Ratings to Desjardins Financial Security Life Assurance Company
    Business Wire | 05/22/26 01:04 PM EDT

    AM Best has assigned a Financial Strength Rating of A and a Long-Term Issuer Credit Rating of ?a+? to Desjardins Financial Security Life Assurance Company. The ratings reflect DFS? balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.

  6. BJ?s Wholesale Club Receives First-Time Investment Grade Rating from Fitch
    Business Wire | 05/22/26 07:00 AM EDT

    BJ?s Wholesale Club today announced that Fitch Ratings has assigned a first-time Long Term Issuer Default Rating of ?BBB? to the company. "Fitch?s investment-grade ratings reflect BJ?s continued growth and commitment to financial discipline,? said Laura Felice, Chief Financial Officer, BJ?s Wholesale Club.

  7. BRIEF-ESENTIA Energy Development Completes US$2 Billion Senior Unsecured Notes Offering
    Reuters | 05/21/26 08:47 PM EDT

    Esentia Energy Development SA de CV : * ESENTIA ENERGY DEVELOPMENT SA DE CV - COMPLETES US$2 BILLION SENIOR UNSECURED NOTES OFFERING Source text: Further company coverage:

  8. ESENTIA Completes US $2 Billion Investment-Grade Bond Offering, Achieving Simultaneous Triple-Agency Rating on Inaugural Corporate Bond
    PR Newswire | 05/21/26 08:29 PM EDT

    MEXICO CITY, May 21, 2026 ?ESENTIA Energy Development, S.A.B. de C.V.? today announced the successful settlement of US$2 billion senior unsecured 144A/Reg S notes offering. This transaction represents a pivotal milestone in ESENTIA's corporate evolution. "This is a defining moment for ESENTIA.

  9. AM Best Affirms Credit Ratings of Nacional de Seguros S.A. Compa??a de Seguros Generales
    Business Wire | 05/21/26 01:35 PM EDT

    AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb? of Nacional de Seguros S.A. Compa??a de Seguros Generales. The ratings reflect Nacional de Seguros? 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.

  10. AM Best Affirms Credit Ratings of Intact Financial Corporation and Its Core Subsidiaries
    Business Wire | 05/21/26 11:23 AM EDT

    AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of Intact Insurance Company, the lead company of Intact Financial Corporation (IFCZF) [TSX: IFC], as well as the core insurance subsidiaries of IFC.

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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