News Results

  1. LoanCare? Receives Fitch Rating for Closed-End Second Lien Products
    PR Newswire | 08:00 AM EDT

    VIRGINIA BEACH, Va., April 15, 2024 ?LoanCare?,?LLC, a top U.S. mortgage subservicer, announced today that Fitch Ratings has assigned the company the U.S. residential primary servicer for specialty Closed-End Second Lien products rating of RPS2+; Outlook Stable. The rating validates LoanCare's comprehensive understanding of the complexities involved in servicing home equity lines of credit.

  2. CIIE invites Namibian businesses to seize opportunities in China
    PR Newswire | 04/12/24 12:43 PM EDT

    SHANGHAI, April 12, 2024 A promotional event for the seventh China International Import Expo and the Hongqiao International Economic Forum was held in Windhoek, capital of Namibia, on April 9. Namibia's Ministry of Industrialization and Trade, the Namibia Investment Promotion and Development Board, businesses, and exhibition organizations.

  3. Nuveen Announces Closing of $1.25 Billion Senior Notes Offering
    PR Newswire | 04/11/24 02:07 PM EDT

    NEW YORK, April 11, 2024 Nuveen, LLC announced today that it has closed an offering of $1.25 billion aggregate principal amount of senior unsecured notes which have been issued in two series: a series of 5.550% senior notes due 2030 in an aggregate principal amount of $500 million and a series of 5.850% senior notes due 2034 in an aggregate principal amount of $750 million.

  4. Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal
    PR Newswire | 04/11/24 11:30 AM EDT

    WASHINGTON, April 11, 2024 Fannie Mae priced Connecticut Avenue Securities? Series 2024-R03, an approximately $628 million note offering that represents Fannie Mae's third CAS REMIC? transaction of the year. The reference pool for CAS Series 2024-R03 consists of approximately 75,000 single-family mortgage loans with an outstanding unpaid principal balance of approximately $26.2 billion.

    PR Newswire | 04/11/24 09:21 AM EDT

    NEW YORK, April 11, 2024 Blue Owl Capital Inc. (OWL) today announced that its indirect subsidiary, Blue Owl Finance LLC, intends to offer 10-year senior unsecured notes, subject to market and other conditions.

  6. Economic Confidence Among Finance Professionals Hits Highest Level Since First Half of 2023
    PR Newswire | 04/11/24 08:58 AM EDT

    Although accountants have become more positive about the economy for the first time since Q1 2023, concerns about costs persist?. NEW YORK and MONTVALE, N.J., April 11, 2024 /PRNewswire/ --?Accountants and finance professionals are more confident in the global economy than they have been since Q2 2023. Highlights and the full report are accessible at

  7. Vistra Prices Private Offerings of $500 Million of Senior Secured Notes and $1 Billion of Senior Unsecured Notes
    PR Newswire | 04/09/24 11:14 PM EDT

    IRVING, Texas, April 9, 2024 Vistra Corp. (VST) announced today the pricing of $500 million aggregate principal amount of senior secured notes due 2034 at a price to the public of 99.865% of their face value in a private offering and $1 billion aggregate principal amount of senior unsecured notes due 2032 at a price to the public of 100.000% of their face value in a concurrent private offering to qua...

  8. PT Asset Management Launches Actively Managed Short-Term Bond ETF (Ticker: STBF)
    PR Newswire | 04/09/24 11:21 AM EDT

    STBF is a diversified portfolio seeking to thrive in all markets, regardless of interest rates CHICAGO, April 9, 2024 ?PT Asset Management, LLC, a boutique fixed income asset manager with $7.7 billion in assets under management, proudly debuts its inaugural exchange traded fund, the Performance Trust Short Term Bond ETF, which began trading on the CBOE today.

  9. Fannie Mae Announces Sale of Non-Performing Loans
    PR Newswire | 04/09/24 10:00 AM EDT

    NPL 2024-2 Includes the Company's Twenty-Fourth Community Impact Pool Offering WASHINGTON, April 9, 2024 Fannie Mae today announced its latest sale of non-performing loans as part of the company's ongoing effort to reduce the size of its retained mortgage portfolio, including the company's twenty-fourth Community Impact Pool.

  10. Vistra Announces Private Offerings of Senior Secured Notes and Senior Unsecured Notes
    PR Newswire | 04/09/24 08:58 AM EDT

    IRVING, Texas, April 9, 2024 Vistra Corp. (VST) announced today the launch of senior secured notes due 2034 and senior unsecured notes due 2032 in concurrent private offerings to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain non-U.S. persons in accordance with Regulation S under the Securities Act.

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.