Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.84 percent. ?Mortgage rates ticked back up this week, continuing to approach 7 percent,? said Sam Khater, Freddie Mac?s Chief Economist.
Freddie Mac Multifamily today announced a new CUSIP registration capability to better align its ML-Deal offerings for both commercial mortgage-backed securities and municipal bond investors, increasing liquidity across both markets and advancing Freddie Mac?s mission.
Key Highlights Existing-home sales rose in October, according to the National Association of Realtors?. Sales improved in all four major U.S. regions. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 MARA Holdings, Inc. (MARA), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing on November 20, 2024 of its offering of 0.00% convertible senior notes due 2030.
Gildan Activewear Inc. (GIL) announced today that it has priced an inaugural offering of C$700?million aggregate principal amount of senior unsecured notes in two series, consisting of C$500?million aggregate principal amount of 4.362% senior unsecured notes, Series 1, due 2029 and C$200?million aggregate principal amount of 4.711% senior unsecured notes, Series 2, due 2031.
Phoenix Capital Group proudly announces the expansion of its Capital Markets team with the addition of three new licensed representatives who joined in the second half of 2024. The Capital Markets team is responsible for working with investors who participate in the company?s 9?13% annual yield corporate bond offerings.
Methanex Corporation (MEOH) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has priced an offering of US$600 million aggregate principal amount of 6.250% senior unsecured notes due 2032 in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Methanex Corporation (MEOH) announced today that its wholly-owned subsidiary, Methanex US Operations Inc., has launched an offering of US$500 million aggregate principal amount of senior unsecured notes due 2032 in a private offering exempt from the registration requirements of the United States Securities Act of 1933, as amended.
Proceeds to be used primarily to acquire bitcoin and repurchase existing convertible notes due 2026 MARA Holdings, Inc. (MARA), a global leader in leveraging digital asset compute to support the energy transformation, today announced the pricing of its offering of $850 million aggregate principal amount of 0.00% convertible senior notes due 2030. The notes will be unsecured, senior obligations of MARA.
Freddie Mac Multifamily?s loan purchase cap for 2025 will be $73 billion. ?Freddie Mac will continue to adapt to market conditions and meet our mission to provide liquidity, stability and affordability throughout all market cycles,? said Kevin Palmer, head of Multifamily for Freddie Mac. FHFA defines its mission-driven requirements in Appendix A of its Scorecard.
Greystone, a leading national commercial real estate finance company, has provided a $32,000,000 Commercial Mortgage Backed Security loan to refinance a 90-unit affordable housing property in Brooklyn, New York. Constructed in 2023 and located in the Clinton Hill neighborhood of Brooklyn, 58 Vanderbilt Avenue is a high-rise apartment building featuring studio-, one- and two-bedroom units.
Bank of the Pacific is proud to announce its continued commitment to our communities by partnering with the Federal Home Loan Bank of Des Moines to award eight non-profit associations in Washington state grants through the FHLB Member Impact Fund.
?CUSIP Global Services today announced the release of its CUSIP Issuance Trends Report for October 2024. North American corporate CUSIP requests totaled 7,597 in October, which is up 6.1% on a monthly basis. The aggregate total of identifier requests for new municipal securities ? including municipal bonds, long-term and short-term notes, and commercial paper ? rose 25.0% versus September totals.
The Florida Bankers Association and Federal Home Loan Bank of Atlanta are hosting an inaugural Affordable Housing Summit in Miami today, bringing bank, business, and civic leaders together to discuss affordable housing solutions in the state. ?Affordable housing is essential for Florida?s continued economic vitality,? said Kathy Kraninger, President & CEO of the FBA.
Synaptics? Incorporated today announced the pricing of its offering of $400.0 million aggregate principal amount of 0.75% convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.78 percent. ?After a six-week climb, rates have leveled off, but overall affordability continues to be an issue for potential homebuyers,? said Sam Khater, Freddie Mac?s Chief Economist.
KELLOG, Idaho and VANCOUVER, British Columbia, Nov. 13, 2024 -- Bunker Hill Mining Corp. (BHLL) announces that it has closed the fourth tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., in the principal amount of US$1,250,000, being the amount of US dollars equal to 39,619.6513 ounces of silver as of the date such amount ...
Synaptics? Incorporated today announced its intention to offer, subject to market and other conditions, $400.0 million aggregate principal amount of convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
All financial figures are in Canadian dollars unless otherwise noted Gibson Energy Inc. (GBNXF) announced today that it has closed the previously announced offering of $350 million of 4.45% senior unsecured notes maturing on November 12, 2031. The Notes have been assigned ratings of ?BBB?? by S&P Global Ratings and ?BBB? with a ?Stable? trend by DBRS Morningstar.
The global economy relies on the ocean, with a value of key ocean assets estimated at USD $24 trillion ? equivalent to 3?5% of global GDP. G20 countries govern nearly half of the world?s coastline and are home to 60% of the world?s population.
Met or outperformed each guidance metric Total operating expenses declined 17% year-over-year Credit card portfolio sale complete Corporate debt refinancing expected to close on November 14th SAN CARLOS, Calif., Nov. 12, 2024 -- Oportun Financial Corporation (OPRT) today reported financial results for the third quarter ended September 30, 2024.
Tokio Marine HCC today announced that AM Best and Fitch Ratings have affirmed the Company?s ratings. ?We are incredibly pleased that AM Best and Fitch have affirmed Tokio Marine HCC?s financial strength ratings of ?A++? and ?AA-,? respectively.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Freddie Mac and the Federal Home Loan Bank of Des Moines today announced a collaboration to help increase affordable housing finance options on tribal lands. "Freddie Mac and FHLB Des Moines can be impactful partners in attracting capital to support Native American homeownership," said Sonu Mittal, SVP and head of Single-Family Acquisitions at Freddie Mac.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.79 percent. ?Mortgage rates continued to inch up this week, reaching 6.79 percent,? said Sam Khater, Freddie Mac?s Chief Economist.
Marex Group plc (MRX), a diversified global financial services platform, announces strong results for the third quarter and nine months ended 30 September 2024, and upgraded outlook for the full year.
KELLOG, Idaho and VANCOUVER, British Columbia, Nov. 06, 2024 -- Bunker Hill Mining Corp. (BHLL) announces that it has closed the third tranche of the previously announced silver loan with Monetary Metals Bond III LLC, an entity established by Monetary Metals & Co., in the principal amount of US$6,321,112, being the amount of US dollars equal to, as of November 6, 2024, 198,777 ounces of silver.
The Social Security Administration has approved a 2.5% Cost of Living Adjustment for 2025, reflecting the moderate decrease in inflation rates compared to recent years. In comparison, in 2025 social security recipients will receive a 2.5% increase, mirroring the latest Consumer Price Index.
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Applied Digital Corporation (APLD), a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today completed its previously announced offering of 2.75% Convertible Senior Notes due 2030 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933,...
Diana Shipping Inc. (DSX), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, has today successfully completed a US$25 million tap issue under its outstanding senior unsecured bond issue due July 2, 2029 with ISIN NO0013265835.
Empire Communities Corp. announced today that it has closed its offering, on a private placement basis, of CAD$225 million aggregate principal amount of 7.625% senior unsecured notes due November 1, 2029.
Derek Manky, Chief Security Strategist and VP of Global Threat Intelligence at Fortinet (FTNT) ?In today?s interconnected world, the fight against cybercrime requires a unified front.
Costamare Inc. (CMRE) today reported unaudited financial results for the third quarter and nine-months ended September 30, 2024. I. PROFITABILITY AND LIQUIDITY II. Vessel Acquisitions. Vessel Disposals. III. IV. V. FULL PREPAYMENT OF UNSECURED BONDS VI. VII. VIII.
All financial figures are in Canadian dollars unless otherwise noted Gibson Energy Inc. (GBNXF) announced today that it has agreed to issue $350 million of 4.45% senior unsecured notes due November 12, 2031. The offering is expected to close on November 12, 2024, subject to customary closing conditions.
Martin Marietta Materials, Inc. (MLM) announced today the pricing of its offering of $750 million aggregate principal amount of 5.150% Senior Notes due 2034 and $750 million aggregate principal amount of 5.500% Senior Notes due 2054.
MADRID, October 31, 2024 - Neinor Homes, the leading listed residential property developer in Spain, has successfully completed its second bond issuance, upsizing the initial targeted amount to 325 million euros, with 5.25 years maturity and a cost of 5.875%, excluding Neinor?s interest rate cap ? even so, this entails an improvement on Neinor?s overall cost of debt of 62.5bps. Moreover, the b...
On October 23, 2024, Moody?s downgraded the long-term ratings of The Toronto-Dominion Bank (MLWIQXX) and its U.S. subsidiaries in response to the company?s guilty plea earlier in the month to having engaged in a conspiracy to commit money laundering and agreement to pay a $3 billion fine.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.72 percent. ?Increasing for the fifth consecutive week, mortgage rates reached their highest level since the beginning of August,? said Sam Khater, Freddie Mac?s Chief Economist.
Marex Group plc (MRX), the diversified global financial services platform, announced the pricing on October 30, 2024 of a public offering of U.S.$600 million aggregate principal amount of its 6.404% Senior Notes due 2029. The Offering is expected to close on or about November 4, 2024, subject to the satisfaction of customary closing conditions.
Applied Digital Corporation (APLD) , a designer, builder, and operator of next-generation digital infrastructure designed for High-Performance Computing applications, today announced that it intends to offer, subject to market conditions and other factors, $300 million aggregate principal amount of convertible senior notes due 2030 in a private offering to persons reasonably believed to be qualified i...
Mercer International Inc. (MERC) today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028.
Key Highlights WASHINGTON ? Pending home sales rose in September, according to the National Association of Realtors?. All four major regions experienced month-over-month gains in transactions. # # # *The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes. NOTE: Existing-Home Sales for October will be reported on November 21.
Freddie Mac today reported its Third Quarter 2024 financial results and filed its Quarterly Report on Form 10-Q with the U.S. Securities and Exchange Commission. The company will hold a call at 9 a.m. Eastern Time today, October 30, 2024, to share its results with the media. Freddie Mac?s mission is to make home possible for families across the nation.
Freddie Mac announced today that it plans to report its Third Quarter 2024 financial results before the U.S. financial markets open on Wednesday, October 30, 2024. The company will hold a call at 9 a.m. Eastern Time on Wednesday, October 30, 2024, to share the company?s results with the media. Freddie Mac?s mission is to make home possible for families across the nation.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its third quarter 2024 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 9.50% and 4.50%, respectively. The dividends will be paid in cash on October?30, 2024.
Greystone, a leading national commercial real estate finance company, has provided a total of $103,740,000 in Freddie Mac Optigo? loans to refinance two separate multifamily communities in Tamarac, FL and Birmingham, AL. The financing was originated by Haig Kilicyan and Donny Rosenberg of Greystone on behalf of White Eagle Group.
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.
Log In Required
Line of Credit Log In Required
Publication Date