News Results

  1. Sustained improvements mean Florida is now triple-A across the board
    SourceMedia Bond Buyer | 07:08 PM EDT

    The condition of Florida’s economy and finances led Moody's to upgrade the state to Aaa.

  2. Fitch places Disney's A rating on review for possible downgrade
    MarketWatch | 02:23 PM EDT

    Fitch Ratings placed The Walt Disney Co.' s senior unsecured A rating on review for a possible downgrade on Friday, citing the material increase in leverage that Disney's (DIS) revised bid for assets of 21st Century Fox Inc. (FOX) would create. The move further "incorporates a degree of uncertainty related to the final terms of the transaction due to the potential for a competing offer from Comcast Corp.," said the agency. Fitch estimates that the new terms will increase Disney's (DIS) leverage to...

  3. A.M. Best Upgrades Credit Ratings of Active Capital Reinsurance, Ltd.
    Business Wire | 12:03 PM EDT

    A.M. Best has upgraded the Financial Strength Rating to A- from B++ and the Long-Term Issuer Credit Rating to “a-” from “bbb+” of Active Capital Reinsurance, Ltd. . The outlook of these Credit Ratings remains stable.

  4. A.M. Best Downgrades Credit Ratings of Capital Life Insurance Company Limited and Capital General Insurance Company Limited; Places Under Review With Negative Implications
    Business Wire | 09:18 AM EDT

    A.M. Best has downgraded the Financial Strength Rating to C- from B- and the Long-Term Issuer Credit Rating to “cc” from “bb-” of Capital Life Insurance Company Limited. Concurrently, A.M. Best has downgraded the FSR to C++ from B- and the Long-Term ICR to “b+” from “bb-” of Capital General Insurance Company Limited.

  5. Wix Announces Pricing of Private Offering of $385 million of 0% Convertible Senior Notes due 2023
    PR Newswire | 06/21/18 07:15 PM EDT

    NEW YORK, June 21, 2018  Wix.com Ltd. (WIX), a leading global web development platform, today announced the pricing of $385 million aggregate principal amount of 0% Convertible Senior Notes due 2023 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.

  6. BRIEF-Brazil's Vale says agreed to repurchase $977 Million in principal of 5.625% bonds due in 2042 - filing
    Reuters | 06/21/18 06:19 PM EDT

    Vale SA: * BRAZIL'S VALE SAYS REPURCHASED $977 MILLION IN PRINCIPAL OF 5.625% BONDS DUE IN 2042. * BRAZIL'S VALE SAYS ADDITIONAL $29.2 MILLION IN AGGREGATE PRINCIPAL AMOUNT WERE REPURCHASED - FILING. * BRAZIL'S VALE SAYS BONDHOLDERS TO DELIVER SECURITIES BY 5 PM ON JUNE 25- FILING Source text for Eikon: Further company coverage:

  7. BRIEF-Getty Realty Announces $100 Million Private Placement Of Senior Unsecured Notes
    Reuters | 06/21/18 05:11 PM EDT

    Getty Realty Corp (GTY): * Getty Realty Corp (GTY). ANNOUNCES $100 MILLION PRIVATE PLACEMENT OF SENIOR UNSECURED NOTES.

  8. Aberdeen Global Income Fund, Inc. Announces Performance Data And Portfolio Composition
    PR Newswire | 06/21/18 05:00 PM EDT

    PHILADELPHIA, June 21, 2018  Aberdeen Global Income Fund, Inc. (FCO), a closed-end bond fund, announced today its performance data and portfolio composition as of May 31, 2018. May 31, 2018 are provided below. : The Fund's returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the various currencies listed below.

  9. Aberdeen Asia-Pacific Income Fund, Inc. Announces Performance Data And Portfolio Composition
    PR Newswire | 06/21/18 05:00 PM EDT

    PHILADELPHIA, June 21, 2018  Aberdeen Asia-Pacific Income Fund, Inc. (FAX), a closed-end bond fund, announced today its performance data and portfolio composition as of May 31, 2018. May 31, 2018 are provided below. : The Fund's returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the various currencies listed below.

  10. Aberdeen Income Credit Strategies Fund(1) Announces Performance Data And Portfolio Composition
    PR Newswire | 06/21/18 05:00 PM EDT

    PHILADELPHIA, June 21, 2018  Aberdeen Income Credit Strategies Fund1 , a closed-end bond fund, announced today its performance data and portfolio composition as of May 31, 2018. May 31, 2018 are provided below. : The Fund's returns, which are denominated in U.S. dollars, are affected by the performance of the U.S. dollar against the various currencies listed below.

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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