News Results

  1. The Simply Good Foods Company Announces Lender Commitments Received to Reprice Its Existing Term Loan
    GlobeNewswire | 01/14/22 04:05 PM EST

    ? Reprice of existing $431.5 million Term Loan B; no change to maturity date? Reduction of Applicable Margin on Term Loan interest rate by 50 basis points to 3.25%? Secured overnight financing rate floor of 0.50% from LIBOR floor of 1.00% DENVER, Jan. 14, 2022 -- The Simply Good Foods Company (SMPL), a developer, marketer and seller of branded nutritional foods and snacking products, today annou...

  2. Wall Street MWBE Leader Stands in Support of Candidacy of Lisa D. Cook as Federal Reserve Governor
    GlobeNewswire | 01/14/22 01:29 PM EST

    Suzanne Shank,?President and CEO of Siebert Williams Shank & Co., LLC, issued the following statement today in support of Dr. Lisa D. Cook?s nomination to the Board of Governors of the Federal Reserve System:? ?I applaud President Biden?s nomination of Dr. Lisa D. Cook to serve on the Board of Governors of the Federal Reserve System.

  3. Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-137
    GlobeNewswire | 01/14/22 09:39 AM EST

    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-137 Pricing *The pricing benchmark used for these classes was the P-curve.**For more information on Freddie Mac's When-Issued K-Deal, WI-K137, click here.

  4. Freddie Mac Announces Pricing of $400 Million Multifamily Small Balance Loan Securitization
    GlobeNewswire | 01/13/22 03:55 PM EST

    Freddie Mac announces the pricing of the SB94 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. SB94 Pricing *The pricing benchmark used for these classes was the P-curve.

  5. CoBank Quarterly: US Monetary Policy Poised to Replace COVID as Economic Wild Card
    GlobeNewswire | 01/13/22 12:24 PM EST

    Despite the surge in COVID cases and the complications it brings, the U.S. economy continues to thrive. Until the omicron surge subsides, the biggest economic risk will be the millions of workers who report sick and hamper already beleaguered supply chains.

  6. Fitch Ratings assigns Iveco Group N.V. final Long-Term Issuer Default Rating of 'BBB-
    GlobeNewswire | 01/13/22 12:15 PM EST

    Turin, 13th January 2022. Iveco Group N.V. announces that on 13th January, 2022 Fitch Ratings assigned Iveco Group N.V. a final Long-Term Issuer Default Rating of ?BBB-?. The outlook is stable. Iveco Group N.V. is an On-Highway global organisation tasked with safeguarding, supporting, and bolstering eight unique, yet unified brands.

  7. Freddie Mac Hits 2021 Multifamily Cap with?$70.7 Billion in Total Housing Finance Support
    GlobeNewswire | 01/13/22 11:00 AM EST

    Freddie Mac Multifamily purchased $70 billion in loans in 2021, hitting the FHFA volume cap. ?Freddie Mac Multifamily had an outstanding year, exceeding all our mission-driven benchmarks and providing liquidity throughout the multifamily markets in 2021,? said Richard Martinez, senior vice president for Production & Sales at Freddie Mac.

  8. Mortgage Rates Increase Significantly
    GlobeNewswire | 01/13/22 10:00 AM EST

    Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 3.45 percent. ?Mortgage rates rose across all mortgage loan types, with the 30-year fixed-rate mortgage increasing by almost a quarter of a percent from last week,? said Sam Khater, Freddie Mac?s Chief Economist.

  9. Ministers Discuss the Role of Governments in Strengthening the Mining Sector
    GlobeNewswire | 01/13/22 05:54 AM EST

    RIYADH, Saudi Arabia, Jan. 13, 2022 -- As part of far-reaching efforts to diversify its economy through its Vision 2030 strategy, with mining being identified as the third pillar of industrial growth, Saudi Arabia has set its sights on increasing the local mining industry?s contribution to the country?s gross domestic product by more than 300 percent, from $17bn to $64bn, by 2030.

  10. Freddie Mac?s AIMI Shows Favorable Multifamily Investment Environment Across All Markets in Third Quarter
    GlobeNewswire | 01/12/22 10:00 AM EST

    The Freddie Mac Multifamily?Apartment Investment Market Index? remained positive in Q3 2021 driven by net operating income growth, bolstering the investment environment for multifamily properties.

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.

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