News Results

  1. Intertape Polymer Group Announces Intention to Offer $350 Million of Senior Unsecured Notes
    GlobeNewswire | 09:00 AM EDT

    Intertape Polymer Group Inc. (ITPOF) announced today its intention to offer $350 million of senior unsecured notes due in 2029, subject to market conditions.

  2. Constellium Launches Proposed Sustainability-Linked Senior Notes Offering
    GlobeNewswire | 03:21 AM EDT

    Constellium SE (CSTM) announced today the commencement of a proposed private offering of approximately ?300 million of euro denominated sustainability-linked senior unsecured notes due 2029, subject to market and other conditions.

  3. Freddie Mac Announces Pricing of $372 Million Multifamily Small Balance Loan Securitization
    GlobeNewswire | 05/14/21 10:14 AM EDT

    Freddie Mac (FMCC) announces the pricing of the SB86 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac (FMCC) and issued by a third-party trust. SB86 Pricing Details: Freddie Mac (FMCC) is guaranteeing three senior principal and interest classes and one interest only class of securities issued by the FRESB 2021-SB86 Mortgage Trust.

  4. Fitch Initiates Rating of LKQ Corporation: ?BBB-? with Stable Outlook
    GlobeNewswire | 05/14/21 10:00 AM EDT

    LKQ Corporation (LKQ), a leading provider of alternative and specialty parts to repair and accessorize automobiles and other vehicles, announced that Fitch Ratings, Inc. has assigned first time Long-Term Issuer Default Ratings of ?BBB-? to LKQ and its subsidiary LKQ European Holdings B.V.. Additionally, Fitch has assigned ratings of ?BBB-? to LKQ?s senior secured revolving credit facility and term lo...

  5. Vornado Prices Public Offering of $750?Million of 5-Year and 10-Year Green Bonds
    GlobeNewswire | 05/13/21 08:58 PM EDT

    VORNADO REALTY TRUST (VNO) today announced that Vornado Realty L.P., the operating partnership through which VORNADO REALTY TRUST (VNO) conducts its business, has priced an offering of $400?million aggregate principal amount of 2.15% senior unsecured notes due June?1, 2026 and $350?million aggregate principal amount of 3.40% senior unsecured notes due June 1, 2031.

  6. Mortgage Rates Continue to Decline
    GlobeNewswire | 05/13/21 10:00 AM EDT

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 2.94 percent. ?Since the most recent peak in April, mortgage rates have declined nearly a quarter of a percent and have remained under three percent for the past month,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. Costamare Inc. Announces Offering of Senior Unsecured Bonds on the Athens Exchange
    GlobeNewswire | 05/12/21 11:52 AM EDT

    Costamare Inc. (CMRE) announced today that its wholly owned subsidiary, Costamare Participations Plc, plans to offer in Greece up to ?100 million of unsecured bonds which will be admitted to trading in the category of fixed income securities of the Regulated Market of the Athens Exchange.

  8. Strong Success of the Tender Offer Initiated by Alphatec Holdings for Common Shares and OCEANEs of EOS IMAGING
    GlobeNewswire | 05/12/21 01:06 AM EDT

    Alphatec Holdings, Inc. (ATEC) and EOS IMAGING, S.A. are pleased to report strong progress in the tender offer filed by ATEC for the common shares and outstanding convertible bonds of EOS imaging, the results of which were published on May 10, 2021, by the Autorit? des March?s Financiers, with settlement expected to occur on May 13, 2021.

  9. US Loses $956 Billion Every Year Due to Economic and Racial Inequality in Education, Georgetown University Report Says
    GlobeNewswire | 05/12/21 01:00 AM EDT

    Inequality in the US education system has high costs for society, according to a new thought experiment from the Georgetown University Center on Education and the Workforce.

  10. Brookfield Residential Properties Inc. Prices Offering of Senior Unsecured Notes
    GlobeNewswire | 05/11/21 06:09 PM EDT

    Brookfield Residential Properties Inc. and Brookfield Residential US LLC today announced that they have priced the private placement offering of US$350 million aggregate principal amount of senior unsecured notes due 2029 and C$250 million aggregate principal amount of senior unsecured notes due 2029.

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.