Intertape Polymer Group Inc. (ITPOF) announced today its intention to offer $350 million of senior unsecured notes due in 2029, subject to market conditions.
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.
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.
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...
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.
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.
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.
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.
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.
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.
NXP Semiconductors N.V. (NXPI) announced today that it has closed the previously announced offering by its subsidiaries NXP B.V., NXP Funding LLC and NXP USA, Inc. of $1,000 million aggregate principal amount of 2.500% senior unsecured notes due May 11, 2031 and $1,000 million aggregate principal amount of 3.250% senior unsecured notes due May 11, 2041 pursuant to Rule 144A and Regulation S under the ...
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-F111 Pricing Details Related Links The K-F111 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.
LPL Financial Holdings Inc. (LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc., has priced its offering of $400 million in aggregate principal amount of senior unsecured notes. The senior notes will bear interest at a rate of 4.375% to be paid semi-annually in arrears on May?15 and November 15 of each year, beginning on November?15, 2021.
The board of directors of the Federal Home Loan Bank of San Francisco has approved the promotion of Tony Wong to executive vice president and chief banking officer. ?I am pleased to promote Tony to CBO and to recognize his leadership through extraordinary times.
Ready Capital (RC) announced strong results for its Freddie Mac Small Balance Loan business during the first quarter, extending into 2021 the increased volume of deals seen by the company in 2020.
Greystone, a private national commercial real estate finance company, announced today it provided a $54,934,000 permanent Freddie Mac loan to an affiliate of Grubb Properties to refinance a recently constructed and stabilized 344-unit Class A multifamily property in the heart of Innovation Quarter in Winston-Salem, North Carolina.
LPL Financial LLC?today announced that financial advisor Tom Zinckgraf and the team at Investment Strategies Advisors have joined LPL Financial?s broker-dealer, corporate registered investment advisor and custodial platforms. Based in Morristown, N.J., Zinckgraf is an industry veteran who started at a municipal bond firm in 1982, steadily growing and nourishing his business over time.
LPL Financial Holdings Inc. (LPLA) today announced that its wholly owned subsidiary, LPL Holdings, Inc., intends to offer approximately $400 million in aggregate principal amount of senior unsecured notes due 2031. This press release does not constitute an offer to sell or the solicitation of an offer to buy the senior notes.
Galafold? Performance Reflects Continued Strong Adoption in All Key Global Regions; On-Track to Achieve Revenue Guidance of $300M-$315M 1Q21 Total Galafold Revenue of $66.4M Driven by Continued Global Growth Positive Pre-BLA Meeting Held with U.S. FDA for AT-GAA in Pompe Disease; Rolling BLA Submission On-Track for Completion in 2Q21 with Global Submissions Expected Throughout 2021 New Data fr...
Penn Virginia Corporation (PVAC) today announced the deferral of its senior unsecured notes offering. ? Darrin Henke, President and Chief Executive Officer of Penn Virginia (PVAC), commented, ?We received indications from potential bond investors that the proposed new financing didn?t materially differentiate from our financing in place currently.
Freddie Mac (FMCC) today announced the winners of its Home Possible RISE Awards?. The annual program, RISE, salutes Freddie Mac?s top clients across multiple categories for excellence with Home Possible? mortgages ? Freddie Mac?s affordable lending solution for very low- to low-income homebuyers.
In a release issued under the headline "Freddie Mac Prices $773 Billion Multifamily K-Deal, K-742" on May 5, 2021, by Freddie Mac (FMCC), please note that the headline and first paragraph should read "$773 Million" rather than "$773 Billion" as previously stated.
Material Bank, the world?s largest marketplace for searching and sampling architectural, design, and construction materials, today announced it has secured $100 million in Series C funding co-led by General Catalyst and Durable Capital Partners LP, with participation from BOND, Lead Edge Capital and existing investors Bain Capital Ventures and Raine Ventures.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey, showing that the 30-year fixed-rate mortgage averaged 2.96 percent. ?Mortgage rates have remained under three percent for three consecutive weeks,? said Sam Khater, Freddie Mac?s Chief Economist.
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-742 Pricing Details Related Links The K-742 Certificates are backed by corresponding classes issued by the FREMF 2021-K742 Mortgage Trust and guaranteed by Freddie Mac.
Harrow Health, Inc. (HROW), an ophthalmic-focused healthcare company, today announced the closing of an additional $5.0 million of 8.625% senior notes due 2026, pursuant to the exercise in full of the underwriters? option in connection with the Company?s previously announced registered public offering of $50 million aggregate principal amount of 8.625% senior notes due 2026.
Coronavirus Update Strategic Highlights Financial Highlights Amsterdam, 5 May 2021 --- AMG Advanced Metallurgical Group N.V. reported first quarter 2021 revenue of $264.0 million, a 5% decrease from $278.3 million in the first quarter of 2020.
Freddie Mac (FMCC) today announced that Refi Possible, a new refinancing option aimed at helping lower-income homeowners, will be available in August. ?Refi Possible will help reach those families who would benefit most from lowering their monthly mortgage payment,? said Donna Corley, executive vice president and head of Single-Family at Freddie Mac.
Penn Virginia Corporation (PVAC) today announced that, subject to market conditions and other factors, its indirect, wholly owned subsidiary Penn Virginia Holdings, LLC intends to offer $350 million aggregate principal amount of senior unsecured notes due 2028.
Brookfield Business Partners L.P. (BBU) announced financial results for the quarter ended March?31, 2021. ?We generated strong performance to start the year and our businesses are benefiting from the continued recovery in conditions as global economies reopen," said Cyrus Madon, CEO of Brookfield Business Partners.
NXP Semiconductors N.V. (NXPI) announced today the pricing of the previously announced offering by its subsidiaries NXP B.V., NXP Funding LLC and NXP USA, Inc. of $1,000 million aggregate principal amount of senior unsecured notes due 2031 and $1,000 million aggregate principal amount of senior unsecured notes due 2041 pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as am...
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-F110 Pricing Details Related Links The K-F110 Certificates will not be rated and will include one senior principal and interest class and one interest-only class that is also entitled to static prepayment premiums.
Arbor Realty Trust,?Inc. announced today that it has issued $175 million aggregate principal amount of 5.00% senior unsecured notes due April 30, 2026 in a private placement. The Company intends to use the net proceeds from the offering to make investments relating to its business and for general corporate purposes. Piper Sandler & Co. acted as placement agent for this offering.
NXP Semiconductors N.V. (NXPI) announced today that its subsidiaries NXP B.V., NXP Funding LLC and NXP USA, Inc. intend to commence a private offering of senior unsecured notes pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended.
Interos, the operational resilience company, today launched a global call to arms for operational resilience in response to worldwide demand for immediate, end-to-end, and continuous supply-chain risk monitoring. The pandemic has crystallized the need for an immediate focus on supply chain risk management.
Greystone, a leading national commercial real estate finance company, has provided an $87 million Fannie Mae Delegated Underwriting and Servicing loan to refinance a 486-unit multifamily property in Prince Georges County, Maryland.
Portman Ridge Finance Corporation (PTMN), a business development company, today announced that on April 30, 2021, it closed a private placement of $80 million in aggregate principal amount of 4.875% senior unsecured notes due 2026, which were initially assigned a BBB- rating by Egan-Jones.
The Federal Home Loan Bank of San Francisco announced April 30, 2021, that the 11th District Monthly Weighted Average Cost of Funds Index for March 2021 is 0.377%. The index for February 2021 was 0.408%. As previously announced, the Bank will no longer calculate the COFI after the publication of the December 2021 index on January 31, 2022, because of the significant decline in the number of fin...
The Federal Home Loan Bank of San Francisco today announced its operating results for the first quarter of 2021. The $102 million increase in net income relative to the prior-year period primarily reflected an increase in net interest income of $109 million and an improvement in provision for/ credit losses of $45 million.
Freddie Mac (FMCC) today posted to its website its Monthly Volume Summary for March 2021, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac (FMCC) makes home possible for millions of families and individuals by providing mortgage capital to lenders.
Today the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its first quarter 2021 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.25% and 1.50%, respectively. The dividends will be paid in cash on April?30, 2021.
The Board of Directors of the Federal Home Loan Bank of Atlanta today approved a first quarter 2021 cash dividend at an annualized rate of 3.69 percent.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter ended March?31, 2021. Net income for the first quarter of 2021 was $43 million, a decrease of $65 million compared to net income of $108 million for the first quarter of 2020.
SFL Corporation Ltd. today successfully placed USD 150 million in senior unsecured sustainability-linked bonds due 12 May 2026. DNB Markets acted as Sustainability Structuring Advisor and Joint Bookrunner, Arctic Securities and Pareto Securities acted as Joint Bookrunners and SMBC Nikko acted as Co-Manager in the placement of the bond issue. April 29, 2021.
goeasy Ltd., a leading full-service provider of goods and alternative financial services, is pleased to announce that it closed its previously announced offering of US$320 million 4.375% senior unsecured notes maturing on May 1, 2026.
Freddie Mac (FMCC) today released the results of?its Primary Mortgage Market Survey?,?showing that the 30-year fixed-rate mortgage averaged 2.98 percent. ?In light of the rising COVID caseloads globally, U.S. Treasury yields stopped moving up a month ago and have remained within a narrow range as the market digests incoming economic data,? said Sam Khater, Freddie Mac?s Chief Economist.
Freddie Mac (FMCC) today reported its first quarter 2021 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, April 29, 2021, to share its results with the media. Freddie Mac (FMCC) makes home possible for millions of families and individuals by providing mortgage capital to lenders.
Fomento Econ?mico Mexicano, S.A.B. de C.V. announced the placement of Euro-denominated sustainability linked notes in the international capital markets.
NOVA Chemicals Corporation, 1000 Seventh Avenue S.W., Calgary, Alberta, Canada T2P 5L5. www.novachemicals.com | 403.750.3600 tel | 403.269.7410 fax. NOVA Chemicals Corporation announced yesterday the pricing of a private offering of $575 million of senior notes, structured as 8-year non-call 3, due 2029.
The following is a GSB statement, on the non-existent Osint Group and the doubts about Karatbars' existing gold and the V999 fraud in connection with Rainer von Holst.
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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