News Results

  1. Fairfax Announces Pricing of Senior Notes Offering
    GlobeNewswire | 05:58 PM EST

    Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$400,000,000 of senior notes due 2033 at an issue price of 99.252%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 6.000% per annum.

  2. Crown Castle Announces Pricing of Senior Notes Offering
    GlobeNewswire | 04:20 PM EST

    Crown Castle Inc. (CCI) announced today that it has priced its previously announced public offering of 5.600% Senior Notes due 2029 and?5.800% Senior Notes due 2034 in aggregate principal amounts of $750 million and $750 million, respectively.

  3. Freddie Mac Announces Action to Make Down Payment Assistance Programs More Accessible for Individuals and Families Across the Nation
    GlobeNewswire | 01:00 PM EST

    Freddie Mac??today announced new, standardized mortgage documents that increase clarity, consistency and accessibility of down payment assistance programs nationwide. ?Saving for a down payment continues to be the largest barrier to homeownership for lower-income and first-time homebuyers,? said Danny Gardner, Single-Family Senior Vice President of Mission and Community Engagement at Freddie Mac.

  4. Crown Castle Announces Proposed Offering of Senior Notes
    GlobeNewswire | 08:57 AM EST

    Crown Castle Inc. (CCI) announced today that it is commencing a public offering of one or more series of senior notes, subject to market and other conditions. J.P. Morgan Securities LLC, Citigroup Global Markets Inc., Mizuho Securities USA LLC, SMBC Nikko Securities America, Inc., TD Securities LLC and U.S. Bancorp Investments, Inc. are the joint book-running managers of the offering.

  5. SolidusMarkets Reports on 'Global Inflation Landscape and Impacts on Asset Classes'
    GlobeNewswire | 06:57 AM EST

    Today, Adams and Greg Milke, seasoned investment specialists at SolidusMarkets, releases the research report on 'Global Inflation Landscape and Impacts on Asset Classes'. Amidst the prevailing challenges of global inflation, Mark Adams, 44, and Greg Milken, 40, lend their expertise on adapting investment strategies amidst the current economic uncertainties.

  6. Mortgage Rates Drop for the Fifth Consecutive Week
    GlobeNewswire | 11/30/23 12:00 PM EST

    Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 7.22 percent. ?Market sentiment has significantly shifted over the last month, leading to a continued decline in mortgage rates,? said Sam Khater, Freddie Mac?s Chief Economist.

  7. AI-powered computer vision technology offers lenders, appraisers image validation solution designed for GSE-compliance
    GlobeNewswire | 11/29/23 10:30 AM EST

    National banks and mortgage lenders are scrambling to incorporate image recognition into their appraisal review process, as the leading Government Sponsored Enterprise announced it will use "image recognition" to detect incorrect quality and condition ratings. GSEs require appraisal reports to include interior and exterior photos of subject properties.

  8. goeasy Ltd. Closes US$550 Million Offering of Senior Unsecured Notes
    GlobeNewswire | 11/28/23 04:02 PM EST

    goeasy Ltd., one of Canada?s leading non-prime consumer lenders, is pleased to announce that it closed its previously announced offering of US$550 million aggregate principal amount of senior unsecured notes due 2028.

  9. Griffin Global Asset Management Announces Closing of $400 Million Senior Unsecured Notes Offering
    GlobeNewswire | 11/28/23 01:30 PM EST

    Griffin Global Asset Management announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes. The offering comprises $400 million of 8% senior unsecured notes due 2027. John Beekman, Griffin CFO, commented: ?We are very pleased to announce the closing of our latest $400 million unsecured notes offering.

  10. Mattermost Joins World Economic Forum Global Innovators Community
    GlobeNewswire | 11/28/23 07:00 AM EST

    Mattermost Inc., the leading self-sovereign collaboration platform for mission-critical work, today announced that it has joined the World Economic Forum Global Innovator Community. Mattermost provides government, defense, and enterprise organizations a secure, self-sovereign platform to power collaboration for their most vital and sensitive operations.

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.