LONDON, Dec. 1, 2022 Seaspan Corporation a wholly owned subsidiary of Atlas Corp. (ATCO), has today instructed Nordic Trustee to summon a bondholders' meeting for 16 December 2022 for the Company's senior unsecured bonds maturing in April 2026. The purpose of the meeting is to consider a proposal for certain amendments to the bond terms.
DALLAS, Dec. 1, 2022 NexPoint Residential Trust, Inc. (NXRT) announced today the closing of 18-property mortgage refinancings through KeyBank Real Estate Capital and The Federal Home Loan Mortgage Corporation. Holistically, these refinancings are expected to reduce NXRT's weighted average interest rate on total debt by 12 bps to 5.35%, before the impact of interest rate swap contracts.
WASHINGTON, Nov. 30, 2022 Fannie Mae's October 2022 Monthly Summary is now available. Fannie Mae advances equitable and sustainable access to homeownership and quality, affordable rental housing for millions of people across America. Fannie Mae Newsroomhttps://www.fanniemae.com/newsroom.
ROSELAND, N.J., Nov. 30, 2022 ?Private sector employment increased by 127,000 jobs in November and annual pay was up 7.6 percent year-over-year, according to the November ADP? National Employment Report? produced by the ADP Research Institute? in collaboration with the Stanford Digital Economy Lab.
LOS ANGELES, Nov. 29, 2022 The CALIFORNIA ASSOCIATION OF REALTORS? today issued the following statement in response to the Federal Housing Finance Agency's announcement to increase the 2023 conforming loan limits for mortgages acquired by Fannie Mae and Freddie Mac to $726,200 on one-unit properties and a cap of $1,089,300 in high-cost areas.
NEW YORK, Nov. 29, 2022 The Conference Board Consumer Confidence Index? decreased in November after also losing ground in October. "Consumer confidence declined again in November, most likely prompted by the recent rise in gas prices," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.
TORONTO, Nov. 29, 2022 EQB Inc.,?, announced upgrades to the ratings of EQB, Equitable Bank and Concentra Bank by DRBS Limited following an annual review of performance and the closing of the Bank's acquisition of Concentra Bank.
CHARLOTTE, N.C., Nov. 28, 2022 Bank of America Corporation (BAC) previously announced the commencement of 14 concurrent, but separate, offers by BofA Securities, Inc., a wholly owned indirect subsidiary of Bank of America (BAC), to purchase for cash up to $1.5 billion in aggregate Liquidation Preference of outstanding Depositary Shares, representing fractional interests in 14 separate series of Bank of Ame...
VANCOUVER, BC, Nov. 28, 2022 Copper Mountain Mining Corporation (CPPMF) ?is pleased to announce that it has received bondholder approval under its US$250 million senior secured bonds for the previously announced sale of its wholly-owned Eva Copper Project and its 2,100km2 exploration land package in Queensland, Australia to Harmony Gold Mining Company Limited.
NEW YORK, Nov. 28, 2022 Plaintiffs in the Bondholder Action have reached settlements totaling $1.749 million with The Bank of Tokyo-Mitsubishi, Credit Suisse Group AG and The Norinchukin Bank. Am I Included? You are a Member of the Subsequent Settlement Classes if you owned any bond or other debt security: What Are My Options? FILE A CLAIM. EXCLUDE YOURSELF. OBJECT.
TORONTO and CAMBRIDGE, Mass. Despite the difficult economic climate ? recession fears, soaring inflation, difficulties in deal flow and financing opportunities, continued supply chain issues, intense talent scarcity, and slowed economic growth ? the clean technology sector continues growing quickly, as global economies increase their efforts to fulfill net zero pledges by 2050 and ESG commitments.
VILNIUS, Lithuania, Nov. 24, 2022 ?The Paysera network of financial technology companies is expanding to Georgia, where the first Paysera bank will open its doors. There will be two customer service centres in the country's capital, Tbilisi, with most services provided remotely. Gintautas Mezetis, CEO of Paysera LT, says: "The Bank in Georgia marks a new phase of our determined development.
NEW YORK, Nov. 23, 2022 The Federal Home Loan Bank of New York announced today the results of the 2022 election for three positions on the FHLBNY's Board of Directors whose terms will each commence on January 1, 2023.
BEIJING, Nov. 23, 2022 A news report from China.org.cn on the Chinese and U.S. presidents' first in-person meeting during the G20 summit in Bali: ? On the afternoon of Nov. 14, Chinese President Xi Jinping and his U.S. counterpart, Joe Biden, met in Bali, Indonesia on the sidelines of the G20 summit for their first in-person meeting since President Biden took office.
Nearly $12.1 million in Affordable Housing Program subsidy will benefit affordable housing development in Kentucky, Ohio, Tennessee and beyond CINCINNATI, Nov. 22, 2022 /PRNewswire/ -- Federal Home Loan Bank of Cincinnati President and CEO Andrew S. Howell announced the winners of 48 Affordable Housing Program grants totaling nearly $12.1 million.
LEMOYNE, Pa.?, Nov. 21, 2022 The number of existing home sales fell again last month to 10,702 in Pennsylvania, down 23% year over year, according to a report prepared for the Pennsylvania Association of Realtors?. Median existing home sales prices rose slightly last month to $210,132, which is up 9.5% year over year, but down from this year's high of $219,154 in July.
-2022 round of grants will support projects that will create, rehabilitate or preserve 1,732 units- NEW YORK, Nov. 21, 2022 /PRNewswire/ -- Jos? R. Gonz?lez, president and CEO of the Federal Home Loan Bank of New York, announced that the FHLBNY has awarded $25.3 million in subsidies to fund 30 affordable housing initiatives throughout New Jersey, New York, Connecticut, Pennsylvania and Texas.
BEIJING, Nov. 21, 2022 China last week sent out a loud message in favor of global development and global governance at the 17th G20 Summit and the 29th Asia-Pacific Economic Cooperation Economic Leaders' Meeting.
NORFOLK, Va., Nov. 21, 2022 ?Harbor Group International, LLC, a privately owned international real estate investment and management firm, today announced that it has completed the $153 million securitization of eight multifamily mortgage loans through Freddie Mac's Q Series Securitization program.
BEIJING, Nov. 21, 2022 Chinese President Xi Jinping wrapped up the 17th meeting of the G20 Leaders' Summit, the 29th APEC Economic Leaders' Meeting and his official visit to Thailand on Saturday afternoon and left the country, returning to China, Chinese Central Television reported.
Housing Sales Forecasted to Hit Trough in Q2 2023 Before Beginning to Rebound WASHINGTON, Nov. 21, 2022 After rebounding at a 2.6 percent annualized rate in Q3 2022 on the strength of net exports, real gross domestic product is projected to turn negative again in the fourth quarter as the temporary boost from international trade moderates, according to the November 2022 commentary from the Fann...
LOS ANGELES, Nov.?21, 2022 ?Rexford Industrial Realty, Inc. (REXR), a real estate investment trust focused on creating value by investing in and operating industrial properties located throughout infill Southern California, announced that Fitch Ratings upgraded Rexford Industrial's investment grade issuer and senior unsecured ratings.
BEIJING, Nov. 21, 2022 China Focus releases a new feature on A Must for Global Growth. The Fifth China International Import Expo took place in Shanghai on November 5-10.
BEIJING, Nov. 20, 2022 The digital economy and green development have become major trends in global economic and social transformation. Chinese President Xi Jinping urged on Friday for all APEC members to enhance economic and technical cooperation, speed up coordinated digital and green development.
NEW YORK, Nov. 18, 2022 The Federal Home Loan Bank of New York announced today that Larry E. Thompson has been re-elected by its Board of Directors to serve as the Board's vice chairman for a two-year term commencing January 1, 2023.
BEIJING, Nov. 18, 2022 With the theme of "Open, Connect, Balance," the 29th APEC Economic Leaders' Meeting kicked off on Friday, in Bangkok, which is the first such in-person meeting since 2018. The voice of China is in the limelight as the country's membership of APEC has not only boosted its own development but also greatly contributed to the regional and world economies.
NEW YORK, Nov. 18, 2022 The Conference Board Leading Economic Index? ?for the?U.S. decreased by 0.8 percent in October 2022 to 114.9, following a decline of 0.5 percent in September. "The US LEI fell for an eighth consecutive month, suggesting the economy is possibly in a recession," said Ataman Ozyildirim, Senior Director, Economics, at The Conference Board.
BOGOTA, Colombia, Nov. 18, 2022 /PRNewswire/ --?Ecopetrol S.A. (EC) reports that the rating agency Fitch Ratings maintained the company's credit rating at "BB+", with a stable outlook, and the Company's individual credit rating at "bbb". The rating agency highlighted Ecopetrol's (EC) liquidity profile, which is supported by cash generation, access to capital markets and an adequate debt structure.
BALI, Indonesia, Nov. 18, 2022 The 2022 G20 Summit is being held in Bali, Indonesia, on November 15 and 16, with the theme "Recover Together, Recover Stronger". Experience the full interactive Multichannel News Release here: https://www.prnasia.com/mnr/yiligroup_202211.shtml.
NEW YORK, Nov. 17, 2022 The Federal Home Loan Bank of New York is pleased to announce that, on November 17, 2022, its Board of Directors approved a dividend for the third quarter of 2022 of 6.75%.? The dollar amount of the dividend will be approximately $87.3 million. The cash dividend will be distributed to member financial institutions on November 18, 2022.
A Scalable Model to Accelerate and Diversify Florida's Innovation Economy TAMPA, Fla. The Florida Institute supports new companies in Florida that create a diverse set of jobs in knowledge-based industries driving the global economy.
BEIJING, Nov. 17, 2022 ?Inflation, heightened geopolitical tensions, and the once-in-a-century pandemic have all contributed to the lowered forecasts for the Asia-Pacific region. Yet observers say the region remains a relatively bright spot in an increasingly dimming global economy.
From 2020 to 2021, prices for necessities outpaced headline inflation rate by 25% WASHINGTON, Nov. 17, 2022 Even before the inflationary trend that has grabbed headlines during 2022, the cost of just the basic necessities ? the items that represent most, if not all, of the average family budget ? increased by 5.8% from 2020 to 2021, a rate that is nearly 25% higher than the CPI increase over t...
WASHINGTON, Nov. 17, 2022 On November 28, 2022, the University of Maryland Robert H. Smith School of Business invites Darrell Hubbard, a founding member of the Digital Currency Monetary Authority, to teach a graduate class on central bank digital currency as a part of its Fall Guest Speaker Series.
LONDON, Nov. 17, 2022 Clarivate Plc?, a global leader in providing trusted information and insights to accelerate the pace of innovation, today launched its annual report which examines the research performance of each of the members of the G20 with a visual comparative snapshot for each.
BEIJING, Nov. 16, 2022 An editorial from Global Times: The 17th G20 Heads of State and Government Summit concluded on Wednesday. We saw that the spirit of seeking common ground while reserving differences once again played a leading role at a critical moment in human development. The Bandung Conference, which implemented the principle, became a milestone in world history.
BEIJING, Nov. 16, 2022 Building global consensus and bolstering confidence in world economic recovery is a critical task for the 17th G20 Summit, with the theme "Recover Together, Recover Stronger." As a new driving force for global economic growth, the digital economy has great significance.
New Disclosures to Provide View into Socially Oriented Lending Activities WASHINGTON, Nov. 16, 2022 Fannie Mae today launched new social disclosures, the Social Criteria Share and the Social Density Score, for its Single-Family mortgage-backed securities.
International Digital Exchange Association calls on industry to unite NUSA DUA, Bali, Nov. 16, 2022 /PRNewswire/ -- In response to a series of unfortunate events rocking the crypto world, a number of Virtual Asset Services Providers have announced specific industry proposals addressed to global regulators, aiming to expand cooperation and enhance dialogue between both sides, while enabling impr...
In recognition of Resilience's leadership, CEO Vishaal "V8" Hariprasad leads panel on combating global cyber crime initiatives in Geneva, and joining world leaders at the Annual Forum in Davos SAN FRANCISCO, Nov. 16, 2022 /PRNewswire/ -- Resilience, the next-generation company for assessing and managing cyber risk, was invited to join the World Economic Forum's Global Innovators Community suppo...
UNION, N.J., Nov. 16, 2022 Bed Bath & Beyond Inc. (BBBY) today announced that it has extended its previously announced offers to exchange any and all of its outstanding Senior Notes. Sue Gove, Bed Bath & Beyond's President and CEO said, "We look forward to building additional momentum with our bond exchange and providing an opportunity for our interested holders to participate.
BEIJING, Nov. 16, 2022 Chinese President Xi Jinping met a number of foreign leaders - including some from US allies and major developing economies - on the first day of the G20 Leaders' Summit in Bali, Indonesia, fully underscoring the strategic and guiding role of head-of-state diplomacy and implications of Chinese diplomacy following the 20th National Congress of the Communist Party of China ...
BEIJING, Nov. 16, 2022 Chinese President Xi Jinping stressed the importance of unity among the international community when addressing the G20 summit on Tuesday, saying that the world needs to promote a more inclusive, universally beneficial and resilient global development.
DALLAS, Nov. 15, 2022 Texas Instruments Incorporated (TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $800 million. The notes consist of the following: TI expects to use the net proceeds of this offering for general corporate purposes.
For refinancing 2024 Maturities MIAMI, Nov. 15, 2022 Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) has commenced a private offering of $1 billion aggregate principal amount of convertible senior notes due 2027 to be used as part of the Company's 2024 refinancing plan.
AMID STICKY INFLATION, RISING INTEREST RATES, AND EXPECTATIONS FOR A GLOBAL RECESSION, RISKS REMAIN ELEVATED AND MARKETS LIKELY TO REMAIN VOLATILE In a rare occurrence, stock and bond markets have collapsed simultaneously this year, leaving investors with few safe havens.
BEIJING, Nov. 15, 2022 As leaders of the world's 20 major economies gather in Bali, Indonesia, the international community is expecting them to step up efforts to tackle a multitude of pressing common challenges and chart a pathway to global recovery and common development.
LUXEMBOURG CITY, Lexembourg, Nov. 15, 2022 Canaima Fund Lux?, a securitization fund governed by the Luxembourg Law of 22 March 2004 on securitization undertakings, registered under number O27, and more precisely for and on behalf of the compartment named? Canaima I?, with identification number ISIN ?XS2540585481? represented and managed by CANAIMA CAPITAL LUX SARL?, a company duly incorporated ...
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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