The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $900 billion equipment finance sector, showed their overall new business volume for October was $9.2 billion, down 9 percent year-over-year from new business volume in October 2019.
Lille, Cambridge, November 23, 2020 ? GENFIT a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases, today announced the final terms of the partial buyback of its convertible bonds maturing in October 2022 and the proposed amendment of the existing terms of the 2022 OCEANEs.
Freddie Mac (FMCC) has priced a new offering of Structured Pass-Through Certificates, which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate. K-F93 includes one class of senior bonds indexed to LIBOR and another class of senior bonds indexed to SOFR.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates which are backed by underlying collateral consisting of supplemental multifamily mortgages. K-J32 Pricing Related Links The K-J32 Certificates are backed by corresponding classes issued by the FREMF 2020-KJ32 Mortgage Trust and guaranteed by Freddie Mac.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. K-120 Pricing Details Related Links The K-120 Certificates are backed by corresponding classes issued by the FREMF 2020-K120 Mortgage Trust and guaranteed by Freddie Mac.
RPT Realty (RPT) announced today that Fitch Ratings, Inc. has assigned a first time rating to RPT, including a Long-Term Issuer Default Rating of ?BBB-? with a stable outlook. ?We are pleased that we were able to obtain RPT?s inaugural investment grade credit rating, particularly during these unprecedented times,? said Brian Harper, President and CEO.
Greystone, a leading private national commercial real estate finance company, provided two refinancing loans for a multifamily portfolio in Sanford, Florida. The properties include: ?It?s been a pleasure working with this team as they grow their portfolio,? said Mr. Sacks.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.72 percent, the lowest rate in the survey?s history which dates back to 1971. ?Weaker consumer spending data, which accounts for the majority of economic growth, drove mortgage rates to a new record low,? said Sam Khater, Freddie Mac?s Chief Economist.
Freddie Mac (FMCC) today announced pricing of the third Seasoned Loans Structured Transaction Trust offering of 2020?a securitization of approximately $637 million including both guaranteed senior and non-guaranteed subordinate securities backed by a pool of seasoned re-performing loans.
Pinduoduo Inc. (PDD), an innovative and fast-growing technology platform and one of the leading Chinese e-commerce players, today announced the pricing of its public offering of?US$1,750 million?in aggregate principal amount of convertible senior notes due 2025, and the pricing of its upsized public offering of an aggregate of 28,700,000 American Depositary Shares at a price to public of?US$125.00??p...
Alliant Energy Finance, LLC, a wholly-owned subsidiary of Alliant Energy Corporation (LNT) announced the pricing of a private offering of $200?million aggregate principal amount of 1.400% senior unsecured notes. The net proceeds from this offering are intended to be used to reduce the Company?s outstanding commercial paper and for general corporate purposes.
Freddie Mac (FMCC) has priced a new offering of Structured Pass-Through Certificates, which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate. K-F92 includes one class of senior bonds indexed to LIBOR and another class of senior bonds indexed to SOFR.
According to Freddie Mac?s latest Insight, without forbearance, many households may have defaulted or been forced to sell their homes during the COVID-19 pandemic. Mortgage forbearance temporarily removes the obligation for borrowers to make their monthly mortgage payment.
Sabal Capital Partners, LLC, a diversified financial services firm specializing in commercial real estate, lending and investing, today announced it has been approved by Freddie Mac as an Optigo? Conventional Mortgage lender. The Freddie Mac Optigo? core multifamily loan products now offered by Sabal include debt solutions in Fixed-Rate, Float-to-Fixed and Floating-Rate.
Greystone, a leading private national commercial real estate finance company, provided two refinance loans totaling $42.6 million for a multifamily portfolio in the Sacramento region. Leveraging its expertise across a range of capital options, Greystone provided the debt financing from two different sources, Freddie Mac and Fannie Mae.
Digital Asset, the creators of the open-source DAML smart contract language, today announced that co-founder and CEO Yuval Rooz will present at the OECD 2020 Global Blockchain Policy Forum, November 18, 2020 at 10:40 am EST.
Pinduoduo Inc. (PDD), an innovative and fast-growing technology platform and one of the leading Chinese e-commerce players, today announced the proposed registered underwritten public offering by the Company of its convertible senior notes due 2025 and the proposed registered underwritten public offering of its American Depositary Shares, each representing four Class A ordinary shares, par value?$0.0...
General Finance Corporation (GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions, announced that the underwriters of its recent public offering of 7.875% Senior Notes due 2025 have fully exercised their overallotment option resulting in the issuance of an additional $9.0 million in principal amount of the Notes.
ONE GOAL: A PURE PLANET THE MISSION: SOLVING THE MASSIVE ENVIRONMENTAL PROBLEM CREATED BY PLASTIC WASTE IN LANDFILLS AND OCEANS, ENABLING PARTNERS TO MEET SUSTAINABILITY GOALS A REVOLUTIONARY AND PROPRIETARY COST-EFFECTIVE METHOD TO RECYCLE WASTE POLYPROPYLENE TO VIRGIN-LIKE RESINBUILT ON PATENTED TECHNOLOGY INVENTED BY PROCTER & GAMBLE, TO BE GLOBALLY COMMERCIALIZED BY PURECYCLE SUPPORTED BY G...
Rackspace Technology Global, Inc. today announced that is proposing to issue $550.00 million aggregate principal amount of senior notes due 2028 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Dogness Corporation, a developer and manufacturer of a comprehensive line of branded and off-brand pet products, today announced the grand opening of its new high-tech headquarters in Dongguan, China, in support of the Company?s global growth.
???????????????????. Lille, Cambridge, November 16, 2020 ? GENFIT a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and chronic liver diseases, today announced its cash position as of September 30, 2020 and revenues for the first nine months of 20201, and proposes to 2022 OCEANEs holders a partial buyback and an amendment of the existing terms.
Moody?s Investor Service has affirmed the African Development Bank?s AAA credit rating, with a stable outlook. ?The credit profile of African Development Bank is supported by the bank?s robust capital buffers and superior risk management, which mitigate risks,? Moody?s Investor Service said in an annual credit analysis dated 27 October 2020.
Freddie Mac (FMCC) announces the pricing of the SB80 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac (FMCC) and issued by a third-party trust. SB80 Pricing Details: Freddie Mac (FMCC) is guaranteeing three senior principal and interest classes and one interest only class of securities issued by the FRESB 2020-SB80 Mortgage Trust.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 7-year terms. K-740 Pricing Details Related Links The K-740 Certificates are backed by corresponding classes issued by the FREMF 2020-K740 Mortgage Trust and guaranteed by Freddie Mac.
In November of 2019, O-I European Group B.V., a subsidiary of O-I Glass, Inc. (OI) was the first packaging Company to issue a Green Bond. This allocation includes new investments in purchasing recycled glass to further improve the environmental footprint of O-I?s products and production.
San Juan, Puerto Rico, Nov. 12, 2020 -- -?Crypto Mondays, Dorado Genesis and the Act 20/22/60 Special Committee of the Puerto Rico Chamber of Commerce, today announced their first joint event, ?THE FUTURE OF THE INTERNET AND THE GLOBAL ECONOMY?, will be held on Monday, November 16, 2020.
Federal Home Loan Bank of Atlanta announced today that it has awarded $26,938,914 million to assist in the funding of 61 affordable housing initiatives in 19 states and the District of Columbia as part of its 2020 Affordable Housing Program.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey??, showing that the 30-year fixed-rate mortgage averaged 2.84 percent. ?Mortgage rates jumped this week as a result of positive news about a COVID-19 vaccine,? said Sam Khater, Freddie Mac?s Chief Economist.
Greystone, a leading private national commercial real estate finance company, has provided a $58,653,000 Freddie Mac loan to refinance a 306-unit multifamily property in Naples, Florida.
Biofrontera AG (BFRA), an international biopharmaceutical company, has issued a 1.00% qualified subordinated mandatory convertible bond 2020/2021 in August 2020. The Management Board with the approval of the Supervisory Board decided today to exercise the right to mandatory conversion pursuant to Section 8 of the Bond terms and conditions. Biofrontera AG (BFRA), Hemmelrather Weg 201, 51377 Leverkusen.
CytoDyn Inc. (CYDY), a late-stage biotechnology company developing leronlimab, a CCR5 antagonist with the potential for multiple therapeutic indications, announced today it completed an additional non-dilutive convertible debt offering with an institutional investor, which provides $25 million of immediately available capital.
Net Income of $5.0 Million for First Nine Months of 2020 Strong Third Quarter Revenue Growth, Lower Funding Costs and Operating CostsDrive Improved Year-Over-Year Performance OSWEGO, N.Y., Nov. 10, 2020 -- Pathfinder Bancorp, Inc. (PBHC), the holding company for Pathfinder Bank, announced third quarter 2020 net income of $1.5 million, compared to $1.3 million for the third quarter of 2019.
Verizon (VZ) today announced it has joined the U.S. Chapter of 1t.org - the Trillion Trees Platform led by the World Economic Forum and American Forests to support the global movement to conserve, restore and grow 1 trillion trees worldwide. ?Verizon (VZ) is committed to protecting our planet for future generations.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are multifamily mortgage-backed securities. K-1518 Pricing Details Related Links The K-1518 Certificates are backed by corresponding classes issued by the FREMF 2020-K1518 Mortgage Trust and guaranteed by Freddie Mac.
Industry-leading customer growth of 277,000 net additions, representing TELUS? highest quarter on record for combined wireless and wireline loading, driven by best-in-class customer experience over a world-leading network, powered by a leading team culture, alongside superior product and service offerings Total wireless net additions of 198,000, including 111,000 high-quality mobile phone net a...
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.78 percent, the lowest rate in our survey?s history which dates back to 1971. ?Mortgage rates hit another record low, the twelfth time this year, due to economic and political ambiguity,? said Sam Khater, Freddie Mac?s Chief Economist.
Franchise Group, Inc. (FRG) today announced that it has decided not to proceed with its previously announced offering of $650 million of senior secured notes due 2025 at this time as a result of unfavorable market conditions. ? Brian Kahn, the Company?s CEO, said, ?Last week, we launched an opportunistic bond offering into a strong bond market.
In a release issued earlier today under the same headline by?Freddie Mac (FMCC), the K-119 Pricing table?contained incorrect data points. Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms.
Freddie Mac's?Single-Family business today announced that its Credit Risk Transfer program transferred credit risk via $6.4 billion of issuance on $167.3 billion of single-family mortgages from U.S. taxpayers to the private sector in the third quarter 2020.
Greystone, a leading national commercial real estate finance company, has provided a $6,500,000 Fannie Mae Delegated Underwriting and Servicing loan to refinance a multifamily property on 29th Street in Astoria, Queens. The $6.5 million Fannie Mae loan has a fixed rate 10-year term.
Freddie Mac (FMCC) recently priced a new offering of Structured Pass-Through Certificates, which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. K-119 Pricing Details Related Links The K-119 Certificates are backed by corresponding classes issued by the FREMF 2020-K119 Mortgage Trust and guaranteed by Freddie Mac.
Freddie Mac (FMCC) today issued its 2021 funding calendar, which provides optional announcement dates for Reference Notes? securities and announcement dates for Reference Bills? securities.
Freddie Mac (FMCC) has priced a new offering of Structured Pass-Through Certificates, which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate. K-F91 includes one class of senior bonds indexed to LIBOR and another class of senior bonds indexed to SOFR.
Freddie Mac (FMCC) announced today that it plans to issue new three-year USD Reference Notes? security, CUSIP number 3137EAEZ8, due on November 6, 2023.
Federal Home Loan Bank of Atlanta today announced the results of the 2020 director election. FHLBank Atlanta member institutions elected Edwina L. Payne to serve as independent director, and Kim D. Saunders to serve as public interest independent director.
Federal Home Loan Bank of Atlanta today announced the results of the 2020 director election. FHLBank Atlanta member institutions elected Edwina L. Payne to serve as independent director, and Kim D. Saunders to serve as public interest independent director.
The U.S. economy continues to show its resiliency. The Gross Domestic Product, which is the broadest measure of goods and services produced, increased by more than 33 percent during the 2020 Third Quarter. ?This is amazing news,? said Mitch Gould, founder and CEO of Nutritional Products International.
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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