News Results

  1. Hyatt Announces Pricing of Public Offering of Senior Notes
    Business Wire | 09/27/21 09:45 PM EDT

    Hyatt Hotels Corporation (H), a leading global hospitality company, announced today the pricing of its public offering of: The offering is expected to close on October 1, 2021, subject to customary closing conditions.

  2. PGTI Announces Closing of $575 Million of 4.375% Senior Notes due 2029
    Business Wire | 09/27/21 04:30 PM EDT

    PGT Innovations, Inc. (PGTI), a national leader in premium windows and doors, including impact-resistant products and products designed to unify indoor/outdoor living spaces, announced today the closing of its previously announced private offering of $575 million aggregate principal amount of 4.375% senior notes due 2029, which were issued at 100.000% of their principal amount, plus accrued interest f...

  3. American Finance Trust, Inc. Announces Proposed Offering of $400 Million of Senior Notes
    PR Newswire | 09/27/21 04:01 PM EDT

    NEW YORK, Sept. 27, 2021 ?American Finance Trust, Inc. (AFIN) today announced that the Company and American Finance Operating Partnership, L.P., the Company's operating partnership subsidiary, plan to offer, subject to market and other conditions, $400 million aggregate principal amount of seven-year senior unsecured notes.

  4. Enact Receives Ratings Agencies Upgrades from Fitch, Moody's and S&P
    PR Newswire | 09/27/21 08:45 AM EDT

    RALEIGH, N.C., Sept. 27, 2021 ?Enact Holdings, Inc.? a leading provider of private mortgage insurance through its insurance subsidiaries, today announced that ratings agencies have made several updates to various ratings and outlooks for the company and its core insurance subsidiary, Genworth Mortgage Insurance Corporation.

  5. Burgan Bank hires Citi, StanChart for sale of dollar senior bonds
    Reuters | 09/27/21 02:21 AM EDT

    Kuwait's Burgan Bank has hired Citi and Standard Chartered (SCBFF) to lead a planned sale of senior U.S. dollar-denominated six-year bonds, a bank document showed on Monday. Other banks on the deal are Bank ABC, Emirates NBD Capital, First Abu Dhabi Bank, HSBC (HSBC), Industrial and Commercial Bank of China (IDCBF), JPMorgan (JPM), Mizuho Securities and NBK Capital.

  6. S&P revises Cemex's outlook to positive from negative
    Reuters | 09/24/21 07:46 PM EDT

    S&P Global Ratings said on Friday it had revised Mexican cement maker Cemex's outlook to positive from negative due to a strong recovery in its business and confirmed its ratings of 'BB' and 'mxA/mxA-1'.

  7. BRIEF-Clearway Energy Operating LLC Announces Pricing Of Offering Of $350 Million "Green Bond"
    Reuters | 09/24/21 03:42 PM EDT

    Clearway Energy Inc: * CLEARWAY ENERGY OPERATING LLC, A SUBSIDIARY OF CLEARWAY ENERGY, INC., ANNOUNCES PRICING OF OFFERING OF $350 MILLION "GREEN BOND" * CLEARWAY ENERGY INC - UNIT PRICED ITS OFFERING OF $350 MILLION 3.750% SENIOR NOTES DUE 2032. * CLEARWAY ENERGY INC - NEW NOTES WILL MATURE ON JANUARY 15, 2032 Source text for Eikon: Further company coverage:

  8. AM Best Withdraws Credit Ratings of Crusader Insurance Company and Unico American Corporation
    Business Wire | 09/24/21 03:42 PM EDT

    AM Best has downgraded the Financial Strength Rating to C++ from B and the Long-Term Issuer Credit Rating to ?b? from ?bb+? of Crusader Insurance Company. The ratings reflect Crusader?s balance sheet strength, which AM Best assesses as weak, as well as its weak operating performance, limited business profile and marginal enterprise risk management.

  9. Clearway Energy Operating LLC, a Subsidiary of Clearway Energy, Inc., Announces Pricing of Offering of $350 Million ?Green Bond?
    GlobeNewswire | 09/24/21 03:40 PM EDT

    Clearway Energy Operating LLC?, a subsidiary of?Clearway Energy (CWEN/A), Inc.?, has priced its offering of?$350 million?in aggregate principal amount of 3.750% senior notes due 2032 at a price to the public of 100% of their face value. The New Notes will mature on?January 15, 2032.

  10. BRIEF-Clearway Energy Inc Subsidiary Clearway Energy Operating Announces Proposed Offering Of $350 Mln "Green Bond"
    Reuters | 09/24/21 12:17 PM EDT

    Clearway Energy Inc: * CLEARWAY ENERGY OPERATING LLC, A SUBSIDIARY OF CLEARWAY ENERGY, INC., ANNOUNCES PROPOSED OFFERING OF $350 MILLION "GREEN BOND" Source text for Eikon: Further company coverage:

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.

fir_news_results