BUENOS AIRES, Argentina, Oct. 23, 2020 ?IRSA Inversiones y Representaciones S.A. (IRS), Argentina's leading Real Estate company, informs that according to Resolution "A" 7106 of the Central Bank of the Argentine Republic that restricts access to the Foreign Exchange Market to purchase US dollars for the payment of foreign currency-denominated debt securities principal maturing between October 15, 202...
JERSEY CITY, N.J., Oct. 23, 2020 The Federal Farm Credit Banks Funding Corporation announced today the preliminary results of its previously announced offer to exchange any and all of its existing LIBOR Bonds listed in the table below for corresponding new LIBOR Bonds listed in the table below. ?. The Exchange Offer expired on October 22, 2020 at 5:00 p.m., New York City time.
WASHINGTON, Oct. 22, 2020 Existing-home sales grew for the fourth consecutive month in September, according to the National Association of Realtors?. Each of the four major regions witnessed month-over-month and year-over-year growth, with the Northeast seeing the highest climb in both categories.
NEW YORK, Oct. 22, 2020 ?The Conference Board Leading Economic Index? ?for the?U.S. increased 0.7 percent in September to 107.2, following a 1.4 percent increase in August and a 2.0 percent increase in July. "The US LEI increased in September, driven primarily by declining unemployment claims and rising housing permits.
SPRINGFIELD, Mass. The real estate private investment industry, which is sometimes called the hard-money lending industry, has seen tremendous growth since borrowing standards for individual borrowers were tightened after the 2008 financial crisis. About HardFunded.com. HardFunded.com is a platform that connects borrowers and lenders in the private investment and hard-money marketplace.
SAN FRANCISCO, Oct. 22, 2020 ?The Federal Deposit Insurance Corporation, Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System are adopting a final rule to implement the Net Stable Funding Ratio requirement in all banking institutions with over $1 billion in assets effective July 1, 2021.
MEXICO CITY, Oct. 21, 2020 ?FIBRA Prologis, a leading owner and operator of Class-A industrial real estate in Mexico, today announced Fitch M?xico S.A. de C.V. and HR Ratings de M?xico separately initiated a credit rating on FIBRA Prologis. Fitch assigned: HR Ratings assigned: "We are pleased to be recognized for our hard work by Fitch and HR Ratings.
RIYADH, Saudi Arabia, Oct. 21, 2020 ?The Ministry of Investment of Saudi Arabia and the Saudi Secretariat as part of the international Conference program announces a four-day digital event series to explore how businesses, governments and citizens can drive opportunities for inclusive growth through regulation, new technologies and long-term strategic approaches in the aftermath of the Covid-19...
HOUSTON, Oct. 21, 2020 ?J.B. Poindexter & Co., Inc.?, a privately-held company, today announced that it intends to offer $150 million aggregate principal amount of senior unsecured notes due 2026 in a private offering.
SAN DIEGO, Calif. Each webinar session will feature presentations by a member of the school's MBA Advisory Committee, who will share their thought leadership and industry experience related to the education and skills needed to compete in the global business environment.
LONDON, Oct. 20, 2020 CleanEquity? is an annual invitation-only event hosted by Innovator Capital, the London based specialist investment bank. Other partners and sponsors include Prince Albert II of Monaco's Foundation, BP Ventures, Cision, Covington & Burling, Cranfield University, Earth Capital, EIT Climate-KIC, Edufront, the Monaco Economic Board and Parkview.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
RIYADH, Saudi Arabia, Oct. 19, 2020 ?The G20 Saudi Secretariat as part of the International Conference program announces a four-day digital event series to explore how businesses, governments, and citizens can drive opportunities for inclusive growth through regulation, new technologies, and long-term strategic approaches in the aftermath of the Covid-19 pandemic.
NEW YORK, Oct. 19, 2020 ?TransPerfect, the world's largest provider of language and technology solutions for global business, today announced third quarter billed revenues of $213 million. This represents an increase of approximately $25 million over the same period last year.
GREENWICH, Conn. The Company intends to allocate an amount equal to the net proceeds from the offering to finance or refinance, in whole or in part, recently completed or future eligible green and/or social projects.
BASEL, Switzerland, Oct. 19, 2020 ?Syngenta Group announces that Syngenta AG completed a successful EUR 200 million tap of its existing EUR 600 million Eurobond, announced on 8 April and issued in two tranches on 16 April 2020 and 24 April 2020, bringing the total size of the bond to EUR 800 million. Its maturity date is in April 2026.
CHERNIVTSI, Ukraine, Oct. 18, 2020 The pandemic has adversely affected the global economy, infrastructure, and society. Apart from establishing new standards of living, the crisis has undoubtedly put the digital technologies at the forefront of the modern economy.
RIYADH, Saudi Arabia, Oct. 17, 2020 Attracting an extraordinary assembly of diverse representatives from world religious and interreligious networks and communities, the seventh annual G20 Interfaith Forum concluded its meetings on Saturday after five days of sessions that addressed the COVID-19 emergencies, climate change, social, racial, and economic disparities, environmental challenges, the...
MIAMI, Oct. 16, 2020 Royal Caribbean Group today announced that it has closed its offering of $500 million aggregate principal amount of 2.875% of Convertible Senior Notes due 2023. The Company expects to use a portion of the net proceeds from the offering to repay its 2.650% Senior Notes due 2020, with the remainder to be used for general corporate purposes.
WASHINGTON, Oct. 16, 2020 ?Fannie Mae (FNMA) priced a $536 million Green Multifamily DUS? REMIC under its Fannie Mae Guaranteed Multifamily Structures program on October 15, 2020. FNA 2020-M46 marks the ninth Fannie Mae GeMS issuance of 2020.
BEIJING, Oct. 16, 2020 A report from China SCIO: The digital economy of Beijing accounted for over half of the city's GDP in 2019, the highest ratio in China, municipal officials announced on Thursday.
WASHINGTON, Oct. 16, 2020 ?Despite a light rebalancing of third and fourth quarter estimates, full-year 2020 economic output is still expected to contract 2.6 percent, according to the latest commentary from the Fannie Mae Economic and Strategic Research Group. The housing sector continues to be highly supportive of economic growth and is expected to remain so over the forecast horizon.
NEW YORK, Oct. 15, 2020 ?Middle market private companies in the Golub Capital Altman Index experienced year-over-year earnings growth of 14.9% and revenue growth of 1.1% during the first two months of the third quarter of 2020. Lawrence E. Golub, CEO of Golub Capital, said, "The U.S. economy showed encouraging signs of recovery in the third quarter of 2020.
WASHINGTON ?Fannie Mae (FNMA) today began marketing its eighteenth sale of reperforming loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio. The sale consists of approximately 6,360 loans, having an unpaid principal balance of approximately $734.2 million, and is available for purchase by qualified bidders.
NEW YORK, Oct. 14, 2020 ?CUSIP Global Services? today announced the release of its CUSIP Issuance Trends Report for September 2020. The report, which tracks the issuance of new security identifiers as an early indicator of debt and capital markets activity over the next quarter, found a significant increase in request volume for new corporate and municipal debt identifiers.
SELBYVILLE, Del. The rise in research and development initiatives to boost the intelligent transportation industry will drive the smart ticketing industry growth. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/4836.
REHOVOT, Israel, Oct. 14, 2020 Nova?, a leader in metrology solutions for advanced process control used in semiconductor manufacturing, today announced the pricing of $175 million aggregate principal amount of 0% Convertible Senior Notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
NEW YORK, BEIJING, LONDON and?JOHANNESBURG, Oct. 14, 2020 ?The China Center for International Economic Exchanges, The ?International Institute for Strategic Studies, and Mandela Institute for Development Studies have been named as co-hosts for the 2020?Bloomberg New Economy Forum, to be held virtually November 16-19.
MIAMI, Oct. 13, 2020 ?Royal Caribbean Group today announced that it has priced its previously announced private offering of $500 million aggregate principal amount of 2.875% Convertible Senior Notes due 2023. The Convertible Notes will mature on November 15, 2023, unless earlier converted, redeemed pursuant to a tax redemption or repurchased.
BEVERLY HILLS, Calif. Steele is particularly concerned about the Federal Reserve's role in undermining the stability of U.S. currency. "The Fed formula of debt plus money-printing plus zero interest rates ? which equals inflation ? has trapped the Federal Reserve in an endless monetary policy [of accommodation] which may lead to the crash of the dollar," Steele said.
TORONTO, Oct. 13, 2020 /PRNewswire/?-?On October 13-14, 2020, Scotiabank will host its inaugural Global Insights Conference: Canada, The Americas and the Global Economy: Investing in an Interconnected world.
WASHINGTON, Oct. 13, 2020 ?A new economic indicator launched today by the Ludwig Institute for Shared Economic Prosperity reveals a True Rate of Unemployment of 26.1 percent for September, compared to the accurate but misleading 7.9 percent reported by the U.S Bureau of Labor Statistics.
REHOVOT, Israel, Oct. 13, 2020 Nova , a leader in metrology solutions for advanced process control used in semiconductor manufacturing, today announced its intention to offer, subject to market conditions and other factors, $150 million aggregate principal amount of Convertible Senior Notes due 2025 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securiti...
LONDON, Oct. 13, 2020 ?New analysis by PwC shows Blockchain technology has the potential to boost global gross domestic product by US$1.76 trillion over the next decade.
RIYADH, Saudi Arabia, Oct. 12, 2020 The fourth G20 Finance Ministers and Central Bank Governors Meeting will be held virtually on October 14 under the Saudi G20 Presidency to discuss the global economic development and support a swift and sustained global economic recovery.
RALEIGH, N.C. and LONDON, Oct. 12, 2020 ?Bandwidth ,?a leading enterprise cloud communications company announced it has signed a definitive agreement to acquire Voxbone, an international enterprise cloud communications leader, for an enterprise value of ?446 million EUR, representing a multiple of approximately six times anticipated Voxbone 2020 revenue.
NORTH BETHESDA, Md., Oct. 8, 2020 Federal Realty Investment Trust (FRT) today announced the pricing of its public offering of $400 million aggregate principal amount of 1.250% notes due 2026 at an effective yield of 1.379%, maturing February 15, 2026. The offering is expected to close on October 13, 2020, subject to the satisfaction of customary closing conditions.
LAS VEGAS, Oct. 8, 2020 MGM Resorts International (MGM) today announced that it has priced an upsized public offering of $750,000,000 in aggregate principal amount of 4.750% senior notes due 2028 at par. The Company intends to use the net proceeds from the offering of the notes for general corporate purposes, which could include refinancing existing indebtedness.
WASHINGTON, Oct. 8, 2020 Fannie Mae (FNMA) is reminding those impacted by Hurricane Delta of available mortgage assistance and disaster relief options. In addition, homeowners currently on a COVID-19-related forbearance plan who are subsequently impacted by the storm should contact their mortgage servicer to discuss options.
BOCA RATON, Fla. The Hispanic Consumer Sentiment Index increased to 84.8 percent in the third quarter from 82.8 percent in the second quarter and 81.3 percent in the first quarter, according to the Florida Atlantic University Business and Economics Polling Initiative in FAU's College of Business.
LOS ANGELES, Oct. 8, 2020 ?DoubleLine Capital LP today posted on DoubleLine.com a new paper titled "The Pandora's Box of Central Bank Digital Currencies," written by Bill Campbell, co-Portfolio Manager of the DoubleLine Global Bond Strategy.
PALO ALTO, Calif. "I'm honored to join Atlas AI for the next chapter of the company's journey," Tarapani said. Prior to Atlas AI Abe served as a Principal at Incandescent, a boutique consulting firm where he advised a portfolio of CEOs and philanthropic leaders building innovative social enterprises.
RIYADH, Saudi Arabia, Oct. 7, 2020 The Saudi Space Commission organized 2020's first meeting of space agency leaders that belong to G20 countries. His Royal Highness Prince Sultan bin Salman bin Abdulaziz, Chairman of the Board of Directors of the Saudi Space Commission, stressed the importance of this first-of-its-kind meeting, which was initiated by the Kingdom of Saudi Arabia.
TEMPE, Ariz. The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management???Hospital Business Survey Committee: "The Hospital PMI??registered 63.3 percent, down 0.5 percentage point from the August reading of 63.8 percent.
WASHINGTON, Oct. 7, 2020 The Fannie Mae Home Purchase Sentiment Index? increased 3.5 points in September to 81.0, rising for the second consecutive month and continuing the rebound from late spring.
NEW YORK, Oct. 6, 2020 W. P. Carey Inc. (WPC) announced today that it has priced an underwritten public offering of $500 million aggregate principal amount of 2.400% Senior Notes due 2031. Interest on the Notes will be paid semi-annually on February 1 and August 1 of each year, beginning on February 1, 2021.
PROVIDENCE, R.I., Oct. 6, 2020 ?Twin River Worldwide Holdings, Inc.?announced today that it has priced $125 million in aggregate principal amount of 6.750% senior unsecured notes due 2027. Twin River (TRWH) intends to use the net proceeds of this Offering for general corporate purposes, which could include, in addition to funding operations, acquisitions and other transactions.
DALLAS, Oct. 6, 2020 ?LoanBeam announced today that Freddie Mac will further integrate its income solution, including IRS tax transcript data, with Loan Product Advisor?. For almost two years, lenders have been leveraging LoanBeam through LPA AIM for self-employed to improve their process flow and achieve income confidence on Sole Proprietorships, S-Corporations and Partnerships.
RIYADH, Saudi Arabia, Oct. 6, 2020 ?The Education and Training Evaluation Commission, in partnership with the G20 Saudi Secretariat, is organizing the "International Conference on Education and Training Evaluation: Improving Learning Outcomes and Supporting Economic Growth," which will be held virtually on October 14-15, 2020, under the patronage of His Excellency Dr. Ahmed Alessa, Chairman of ...
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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