ION Geophysical Corporation (IO) today announced that the Company has secured more than $20 million in backstop support for its rights offering. The Company will seek to obtain additional backstop support in connection with the rights offering until the maximum amount is secured or the record date is reached.
Beyond Meat, Inc. (BYND) today announced the pricing of its offering of $1,000,000,000 aggregate principal amount of 0% convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Beyond Meat.
Clearway Energy Operating LLC?, a subsidiary of?Clearway Energy (CWEN/A), Inc.?, has priced its offering of?$925 million?in aggregate principal amount of 3.750% senior notes due 2031 at a price to the public of?100% of their face value. The New Notes will mature on?February 15, 2031.
Greystone, a leading national commercial real estate finance company, announced that David E. Friedman has joined as a Senior Managing Director and Head of Institutional Lending to lead a strategic build-out and take-to-market execution of the firm?s new institutional lending platform.
FactSet, a global provider of integrated financial information, analytical applications, and industry-leading service, announced that it has been selected as the primary market data and technology provider for the Royal Bank of Canada?s entire wealth management organization.
Clearway Energy Operating LLC, a subsidiary of Clearway Energy, Inc. (CWEN/A), intends to commence an offering of $925 million in aggregate principal amount of senior notes due 2031.
Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$600,000,000 of Fairfax?s Senior Notes due 2031 at an issue price of 99.865%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 3.375% per annum.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it has priced $575 million aggregate principal amount of its 5.875% Senior Notes due 2026, which were offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Beyond Meat, Inc. (BYND) today announced its intention to offer, subject to market and other conditions, $750,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Successfully Refinanced Revolving Credit Facility ??????Issued $1.11 Billion of Senior Unsecured Notes; Refinancing Existing Debt at Lower Cost LITTLE ROCK, Ark., March 01, 2021 -- ?Uniti Group Inc. (UNIT) today announced its preliminary results for the fourth quarter and full year 2020. ?Our fiber and leasing businesses performed exceptionally well last year and are well positioned going into 2021.
Compass Diversified (CODI), a Delaware statutory trust and the sole owner of 100% of the trust interests in Compass Group Diversified Holdings, LLC, and the Company announced today that the Company intends, subject to market and other conditions, to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering.
Greystone, a leading national commercial real estate finance company, announced that David Goodwin has joined as a Managing Director in the firm?s Portfolio Lending Group. Mr. Goodwin joins Greystone from Wells Fargo, and prior to that, served as a Managing Director at Soci?t? G?n?rale as a founding member of its CMBS program.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it is proposing to sell $550 million aggregate principal amount of its 5.875% Senior Notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
? ? ? ? ? ?2020 Total Galafold Revenue of $260.9M; Increased 43 Percent Year-on-Year Continued Strong Global Growth of Galafold Expected in 2021 with Revenue of $300M-$315M AT-GAA Rolling BLA Submission in Pompe Disease Planned for Completion in 2Q21 and Other Global Submissions Expected Throughout 2021 CLN6 Batten Disease Gene Therapy Granted Fast Track Designation by U.S. FDA Cash Posi...
The Federal Home Loan Bank of San Francisco announced February 26, 2021, that the 11th District Monthly Weighted Average Cost of Funds Index for January 2021 is 0.457%. The index for December 2020 was 0.460%. 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 o...
Freddie Mac (FMCC) today posted to its website its Monthly Volume Summary for January 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.
Maxim Group LLC, a leading full service investment banking, securities and wealth management firm today announces its commitment to further expand its presence in South Florida. Maxim Group maintains six offices in the U.S. including two in Florida, with a third being planned in the state.
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.97 percent. ?Optimism continues as the economy slowly regains its footing, thus affecting mortgage rates,? said Sam Khater, Freddie Mac?s Chief Economist.
Fortinet, Inc. (FTNT) announced today that it has priced its underwritten, registered public offering of $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million aggregate principal amount 1.000% notes due 2026 and $500.0 million aggregate principal amount of 2.200% notes due 2031.
TTM Technologies, Inc. (TTMI) announced today that it has priced $500 million in aggregate principal amount of its 4.000% senior notes due 2029 in a private offering exempt from registration under the Securities Act of 1933, as amended.
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-741 Pricing Details Related Links The K-741 Certificates are backed by corresponding classes issued by the FREMF 2021-K741 Mortgage Trust and guaranteed by Freddie Mac.
Coronavirus Update Strategic Highlights Financial Highlights Amsterdam, 24 February 2021 --- AMG Advanced Metallurgical Group N.V. reported fourth quarter 2020 revenue of $253.5 million, a 6% decrease from $268.6 million in the fourth quarter of 2019.
Despite having been designated as high risk for COVID-19 by the Occupational Safety and Health Administration, a new study finds 3.1 percent of dental hygienists have had COVID-19 based on data collected in October 2020.
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.
Post Holdings, Inc. (POST) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $1,800.0 million in aggregate principal amount of senior notes due 2031.
Xebec Adsorption Inc. (XEBEF) , a global provider of clean energy solutions for renewable and low carbon gases, announced today that it has secured credit facilities with National Bank of Canada?s Technology and Innovation Banking Group for a total value of up to $59.25 million CAD.
January New Business Volume Down 12 Percent Year-over-year 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 January was $8.1 billion, down 12 percent year-over-year from new business volume in ...
TopBuild Corp. (BLD) , a leading installer and distributor of insulation and building material products in the United States, is commencing a private offering of $400 million aggregate principal amount of senior unsecured notes due 2029.
?Interpublic Group today announced that it has priced a registered public offering of $500 million aggregate principal amount of its 2.400% Senior Notes due 2031 and $500 million aggregate principal amount of its 3.375% Senior Notes due 2041.
ION Geophysical Corporation (IO) today announced that, during a special meeting held earlier today, the Company?s shareholders voted to approve all three proposals submitted in its January 22nd Proxy.
Federal Home Loan Bank of Atlanta today released preliminary unaudited financial highlights for the quarter and year ended December?31, 2020. Net income for the fourth quarter of 2020 was $35 million, a decrease of $62 million, compared to net income of $97 million for the fourth quarter of 2019.
Today FHLBank San Francisco announced that its board of directors has named Teresa Bryce Bazemore as the Bank?s President and Chief Executive Officer, effective March 15, 2021. ?We are extremely proud and pleased to have Teresa?s leadership at the Federal Home Loan Bank of San Francisco,? said Dan Siciliano, Chairman of the Bank?s board of directors.
Yesterday the Board of Directors of the Federal Home Loan Bank of Indianapolis declared its fourth quarter 2020 dividends on Class B-2 activity-based capital stock and Class B-1 non-activity-based stock at annualized rates of 3.00% and 1.75%, respectively. The dividends will be paid in cash on February?24, 2021.
Threshold crossed as commodities stage a comeback fueled by global economic recovery The GraniteShares Bloomberg Commodity Broad Strategy No K-1 ETF (COMB), the lowest-cost broad-based commodity ETF on the U.S. market, has crossed $100 million in assets under management.
Glancy Prongay & Murray LLP announces that the United States District Court for the District of Delaware has approved the following announcement of a proposed class action settlement that would benefit purchasers of securities of Horsehead Holding Corp. Horsehead securities include common stock; 3.8% convertible senior notes; 10.50% senior secured notes; and 9% senior unsecured notes.
C-Bond BRS, independently validated to provide National Institute of Justice Level I, Level IIA, Level II, and Underwriters Laboratories 752 ballistic-resistant protection, has been installed by multiple major news organizations C-Bond Systems (CBNT), a nanotechnology solutions company, today announced that a major news network has placed an additional order for C-Bond BRS for its New York office loca...
TTM Technologies, Inc. (TTMI) announced today that it intends to offer, subject to market and other customary conditions, $500 million in aggregate principal amount of senior notes due 2029 in a private offering exempt from registration under the Securities Act of 1933, as amended.
Mandalay Resources Corporation (MNDJF) is pleased to announce updated Mineral Resources and Reserves estimates for its Costerfield gold-antimony mine in Victoria, Australia and its Bj?rkdal gold mine in Skellefte?, Sweden as at December 31, 2020. Highlights: Costerfield. Bj?rkdal.
Federal Home Loan Bank of Atlanta announced today that the application process for its 2021 Affordable Housing Program General Fund round will open on April 9, 2021. The AHP General Fund, previously referred to as AHP Competitive, is one of the largest sources of private funding available for affordable housing in our country.
Freddie Mac?s Single-Family business today announced that its Credit Risk Transfer program transferred credit risk via $4.8 billion of issuance on $167.2 billion of single-family mortgages from U.S. taxpayers to the private sector in the fourth quarter 2020.
Huttig Building Products (HBP), one of the nation's largest wholesale distributors of millwork and specialty building products used principally in new residential construction and home improvement, plans to release its fourth quarter 2020 financial results on Monday, March 01, 2021 after market close.
Key Highlights ?. WASHINGTON ? Existing-home sales rose in January, marking two consecutive months of growth, according to the National Association of Realtors?. From a month-over-month perspective, buying activity varied in the major regions.
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-125 Pricing Details Related Links The K-125 Certificates are backed by corresponding classes issued by the FREMF 2021-K125 Mortgage Trust and guaranteed by Freddie Mac.
- Company Will Retain Existing Jobs and Add 85 New Full-Time Jobs Over Five Years -??. - Company Will Receive Up to $3.75 Million From Empire State Development and Remain and Grow in New York State - CPI Aerostructures, Inc. (CVU) today announced that Empire State Development has awarded the company up to $2.7 million in Excelsior Jobs tax credits and an ESD Capital Grant of $1.05 million as incenti...
Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey?, showing that the 30-year fixed-rate mortgage averaged 2.81 percent. ?Reaching its highest point since mid-November, the 30-year fixed-rate mortgage averaged 2.81 percent this week,? 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 supplemental multifamily mortgages. K-J33 Pricing Related Links The K-J33 Certificates are backed by corresponding classes issued by the FREMF 2021-KJ33 Mortgage Trust and guaranteed by Freddie Mac.
Greystone, a leading national commercial real estate finance company, has provided a total of $68 million in Fannie Mae financing to acquire a 595-unit multifamily property in Prince Georges County, Maryland.
Ortho Clinical Diagnostics Holdings plc (OCDX), one of the world's largest pure-play in vitro diagnostics companies, today announced that S&P Global upgraded Ortho?s issuer credit rating to ?B? from ?B-? and Moody?s investment Services upgraded Ortho?s Corporate Family Rating to ?B1? from ?B3. Both S&P and Moody?s also upgraded select issue-level ratings and provided a stable outlook for Ortho.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 in a private offering.
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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