Total SE (TTFNF) today successfully issued perpetual subordinated bonds in the amount of EUR3 billion:. -EUR1.5 billion at 1.625% coupon for the tranche with a 7 year first call date. -EUR1.5 billion at 2.125% coupon for the tranche with a 12 year first call date.
Media OutReach - 18 January 2021 - European TopSoho S.? r.l. announces today further information in relation to its ?250 million 4% secured guaranteed bonds due 2021, exchangeable into shares of SMCP S.A.. Reference is also made to the Company?s announcement made on 7 January 2021 noting the receipt by it of a purported default notice from GLAS SAS in respect of the Bonds.
NEW YORK, Jan. 17, 2021 On January 7, YPF SA launched an exchange offer and consent solicitation affecting seven series of the Company's outstanding international bonds.
Credit rating agency S&P Global Ratings on Friday affirmed Russia's rating at 'BBB-/A-3' with a stable outlook, reiterating that the country's strong balance sheets could offset potential risks posed by the COVID-19 pandemic and U.S. sanctions.
* FITCH AFFIRMS THE UK AT 'AA-'; OUTLOOK NEGATIVE. * FITCH SAYS UK'S RATINGS BALANCE A HIGH INCOME, DIVERSIFIED AND ADVANCED ECONOMY AGAINST HIGH AND RISING PUBLIC SECTOR INDEBTEDNESS. * FITCH SAYS NEGATIVE OUTLOOK REFLECTS IMPACT OF CORONAVIRUS PANDEMIC ON UK ECONOMY & RESULTING MATERIAL DETERIORATION IN PUBLIC FINANCES.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Rating of ?aa-? of Nippon Life Insurance Company. The ratings of Nissay reflect its balance sheet strength, which AM Best categorises as strongest, as well as its strong operating performance, favourable business profile and appropriate enterprise risk management.
NEW ORLEANS, La., Jan. 15, 2021 ?This week, Lumen Technologies, a technology company headquartered in Monroe, Louisiana, became only the second domestic company to issue sustainability-linked bonds.
Aviation Capital Group LLC, a leading aircraft asset manager, announced today the closing of its sale of $750 million aggregate principal amount of 1.950% senior unsecured notes due 2026.
Utilizes Strong Cash Position for Voluntary Redemption of Senior Notes James Hardie Industries plc (JHX), the world?s #1 producer and marketer of high-performance fiber cement and fiber gypsum building solutions, today announced that it has made a voluntary redemption of its 4.75% senior unsecured notes due 2025 with a payment of US$410 million in principal and call premium.
James Hardie Industries PLC (JHX): * JAMES HARDIE INDUSTRIES ANNOUNCES DEBT REDUCTION. * TO REDUCE GROSS DEBT BY US$400 MILLION BY END OF FY2021. * VOLUNTARY REDEMPTION OF ITS 4.75% SENIOR UNSECURED NOTES DUE 2025 WITH PAYMENT OF US$410 MILLION IN PRINCIPAL & CALL PREMIUM. * FOLLOWING REPAYMENT, CO HAS LIQUIDITY OF OVER US$600 MILLION Source text for Eikon: Further company coverage:
Pioneer Natural Resources Company (PXD) today announced that it has priced a public offering of $750.0 million of 0.750% Senior Notes that will mature January 15, 2024, $750.0 million of 1.125% Senior Notes that will mature January 15, 2026 and $1.0 billion of 2.150% Senior Notes that will mature January 15, 2031, pursuant to an effective shelf registration statement that was previously filed with th...
Mercer International Inc. (MERC) today announced the upsizing and pricing of its private offering of $875 million in aggregate principal amount of 5.125% senior notes due February 1, 2029. The 2029 Notes are being issued at a price of 100% of their principal amount.
California Resources Corp (CRC): * CALIFORNIA RESOURCES CORPORATION ANNOUNCES PRICING OF PRIVATE OFFERING OF $600 MILLION OF SENIOR UNSECURED NOTES. * California Resources Corp (CRC) - PRICING OF ITS PRIVATE OFFERING OF $600 MILLION OF ITS 7.125% SENIOR UNSECURED NOTES DUE 2026 Source text for Eikon: Further company coverage:
California Resources Corporation (CRC) announced today the pricing of its private offering of $600 million in aggregate principal amount of its 7.125% senior unsecured notes due 2026 at par. The Company estimates that the net proceeds from the offering will be approximately $589 million after deducting the initial purchasers' discount and estimated expenses.
American Assets Trust, Inc. (AAT) today announced that its operating partnership, American Assets Trust (AAT), L.P., has priced a public offering of $500 million aggregate principal amount of 3.375% senior notes due 2031.
Tom Boyle, Chief Financial Officer of Public Storage (PSA), announced today that the Company has priced a public offering of $500 million aggregate principal amount of Senior Notes due 2026. BofA Securities, Inc., J.P. Morgan Securities LLC and Wells Fargo Securities, LLC acted as joint book-running managers of the offering.
HOUSTON, Jan. 14, 2021 ?Talos Energy Inc. today announced that the Company has completed a series of capital markets activities to refinance the Company's near-term bond maturities, significantly enhance liquidity and provide the Company with greater strategic flexibility entering 2021.
?. Santander UK PLC. Series 68 GBP 1,000,000,000.00. Floating Rate Covered Bonds due 13 April 2021. Under EUR 35 billion Global Covered Bond Programme. ISSUE NAME. Our Ref. ISIN Code. TOTAL INTEREST AMT. CURRENCY CODE. DAY BASIS. NUM OF DAYS. INTEREST RATE. VALUE DATE. INTEREST PERIOD. GBP 626,621.92. POOL FACTOR.
? Haven Funding Plc ? REGULATORY ANNOUNCEMENT 8.125% Secured Bonds due 2032 ISIN: XS0084068716 Surrender and Cancellation of Bonds On 8 January 2021, Bonds in an aggregate principal amount of ?3,709,960 were surrendered by a borrower to the issuer and, accordingly, Bonds in an aggregate principal amount of ?3,709,960 were cancelled at that date.
?. Pioneer Natural Resources Company (PXD) today announced the commencement of a public offering, subject to market and other conditions, of Senior Notes due 2024, Senior Notes due 2026 and Senior Notes due 2031.
Mercer International Inc (MERC): * MERCER INTERNATIONAL INC ANNOUNCES PLANS TO ISSUE $500 MILLION OF SENIOR NOTES IN PRIVATE OFFERING TO REFINANCE ITS SENIOR NOTES DUE 2024 AND 2025. * MERCER INTERNATIONAL (MERC) - TENDER OFFER IS SCHEDULED TO EXPIRE ON JAN 21 Source text for Eikon: Further company coverage:
Repay Holdings Corporation (RPAY) announced today the pricing of its $400.0 million aggregate principal amount of 0.00% convertible senior notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a+? of Equitable Financial Life Insurance Company of America and Equitable Financial Life Insurance Company. Concurrently, AM Best has affirmed the FSR of B+ and the Long-Term ICR of ?bbb-? of Corporate Solutions Life Reinsurance Company.
US$750 Million Senior Unsecured Notes due 2026 and US$750 Million Senior Unsecured Notes due 2028 Avolon Holdings Limited, the international aircraft leasing company, announces the successful pricing of a private offering by its wholly owned subsidiary, Avolon Holdings Funding Limited, for a principal aggregate amount of US$1.5 billion.
DENVER, Jan. 13, 2021 ?Lumen Technologies* announced that its wholly-owned subsidiary, Level 3 Financing Inc., completed its previously-announced private offering of $900 million aggregate principal amount of its unsecured 3.750% Sustainability-Linked Senior Notes due 2029.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa? of Sun Life Assurance Company of Canada and Sun Life and Health Insurance Company ? the core insurance subsidiaries of Sun Life Financial Inc. [NYSE: SLF]. Concurrently, AM Best has affirmed the Long-Term ICR of ?a? and the existing Long-Term Issue Credit Ratings of SLF.
LOS ANGELES, Jan. 13, 2021 Wedbush Financial Services, LLC, the parent company of Wedbush Securities Inc., closed a private placement of $50 million, 5.50% Senior Unsecured Notes due 2026. Gary Wedbush, Chief Executive Officer of the Company and President of Wedbush Securities, commented, "We are very pleased to close our first Note placement.
California Resources Corp (CRC): * CALIFORNIA RESOURCES CORPORATION ANNOUNCES PRIVATE OFFERING OF $600 MILLION OF SENIOR UNSECURED NOTES. * CALIFORNIA RESOURCES (CRC) - INTENDS TO OFFER & SELL TO ELIGIBLE PURCHASERS $600 MILLION OF SENIOR UNSECURED NOTES DUE 2026 Source text for Eikon: Further company coverage:
Europe's antitrust watchdog on Wednesday approved London Stock Exchange Group PLC's (LDNXF) $15 billion deal to acquire Refinitiv Holdings Ltd. with conditions, removing a key hurdle in the company's bid to challenge Bloomberg LP, S&P Global Inc. and other industry heavyweights offering financial data. The decision by the European Commission ends a monthslong probe into the risks of the deal. The probe centered on concerns the deal could give the LSE undue market power over trading...
California Resources Corporation (CRC) announced today that, subject to market and other conditions, it intends to offer and sell to eligible purchasers $600 million in aggregate principal amount of senior unsecured notes due 2026.
CrowdStrike Holdings Inc (CRWD): * CROWDSTRIKE ANNOUNCES PRICING OF $750 MILLION SENIOR UNSECURED NOTES OFFERING. * INTEREST WILL BE PAYABLE SEMI-ANNUALLY AT A RATE OF 3.000% PER YEAR. * ANNOUNCED THAT IT HAS PRICED AN OFFERING OF $750.0 MILLION AGGREGATE PRINCIPAL AMOUNT OF ITS SENIOR NOTES DUE 2029 Source text for Eikon: Further company coverage:
Fox News Channel, which ended 2020 as the most-watched network in all of basic cable, finished third among cable news channels last week as power shifted in the U.S. Senate and rioters stormed the U.S. Capitol, Nielsen data showed on Tuesday.
ShaMaran Petroleum Corp (SHASF): * SHAMARAN ANNOUNCES ISSUANCE OF SUMMONS TO ITS BONDHOLDERS. * ShaMaran Petroleum Corp (SHASF) - ISSUANCE OF A SUMMONS FOR WRITTEN RESOLUTION FROM NORDIC TRUST TO ALL BONDHOLDERS OF 12% SENIOR UNSECURED BONDS DUE 2023 Source text for Eikon: Further company coverage:
AUSTIN, Texas, Jan. 12, 2021 ?Summit Hotel Properties, Inc. (INN) today announced that it has closed its previously announced underwritten public offering of $287,500,000 aggregate principal amount of its 1.50% Convertible Senior Notes due 2026, including $37,500,000 aggregate principal amount of Notes sold pursuant to the exercise in full of the underwriters' over-allotment option to purchase additi...
Global Ship Lease, Inc. (GSLD), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody?s Investor Service.
Repay Holdings Corporation (RPAY) announced today its intention to offer, subject to market and other conditions, $350.0 million aggregate principal amount of convertible senior notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended, to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under ...
AM Best has removed from under review with positive implications and upgraded the Long-Term Issue Credit Ratings to ?a? from ?bbb-? on the two tranches of 6.75% senior unsecured notes totaling $350 million, both due 2024, issued by National General Holdings Corp.. The outlook assigned to the Credit Ratings is stable.
Scorpio Tankers Inc (STNG): * SCORPIO TANKERS INC SAYS MAY OFFER AND SELL, FROM TIME TO TIME, UP TO $75 MILLION 7.00% FIXED RATE SENIOR UNSECURED NOTES DUE 2025 - SEC FILING. * Scorpio Tankers Inc (STNG) - ENTERED INTO A NOTE DISTRIBUTION AGREEMENT WITH B. RILEY SECURITIES, INC Source text for Eikon: [https://bit.ly/3oEUDX0] Further company coverage:
MANILA, Philippines, Jan. 12, 2021 International debt watcher Fitch Ratings has kept the Philippines' investment grade credit rating of "BBB" with a "stable" outlook, citing the manageable fiscal situation despite the COVID-19 crisis and favorable growth prospects amid a declining number of daily confirmed COVID-19 cases, according to Bangko Sentral ng Pilipinas.
* REPUBLIC OF COLOMBIA FILES PROSPECTUS SUPPLEMENT RELATED TO OFFERING OF USD-DENOMINATED GLOBAL BONDS DUE 2061; SIZE NOT DISCLOSED - SEC FILING Source text for Eikon: [https://bit.ly/3by3xSr] Further company coverage: [ ]
Automatic Data Processing Inc (ADP): * INTERCONTINENTAL EXCHANGE INC (ICE) - CO, ADP ANNOUNCED PLANS TO LAUNCH A NEW ALTERNATIVE DATA OFFERING FOR U.S. MUNICIPAL BOND MARKET Source text for Eikon: Further company coverage:
Fiat Chrysler Automobiles NV: * MOODY'S INVESTORS SERVICE RAISED ON MONDAY ISSUER RATING TO "BAA3" FROM "BA1" * MOODY'S INVESTOR SERVICE RAISED ON MONDAY RATING ON BONDS ISSUED OR GUARANTEED BY FCA TO "BAA3" FROM "BA2" * THE OUTLOOK ON ALL RATINGS IS STABLE Source text for Eikon: Further company coverage:
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $1,000,000,000 aggregate principal amount of 2.250% Senior Notes due 2026, $1,000,000,000 aggregate principal amount of 2.625% Senior Notes due 2029 and $1,000,000,000 aggregate principal amount of 2.875% Senior Notes due 2031 in a registered public offering.
NEW YORK, Jan. 11, 2021 Medley LLC announced today that the Company has engaged B. Riley Securities Inc. as its investment banking advisor to assist in analyzing various strategic financial alternatives to address its capital structure, including strategic and financing alternatives to restructure its indebtedness and other contractual obligations.
Duke Realty Corp (DRE): * DUKE REALTY ANNOUNCES PRICING TERMS FOR $450 MILLION SENIOR UNSECURED NOTES OFFERING. * DUKE REALTY (DRE) - UNIT PRICED UNDERWRITTEN PUBLIC OFFERING OF $450 MILLION OF ITS 1.75% SENIOR UNSECURED NOTES DUE FEBRUARY 1, 2031. * Duke Realty Corp (DRE) - NOTES WERE PRICED AT 99.252% OF THEIR FACE AMOUNT TO YIELD 1.832% TO MATURITY Source text for Eikon: Further company coverage:
Duke Realty Corporation (DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership, has priced an underwritten public offering of $450 million of its 1.75% senior unsecured notes due February 1, 2031.
PGT Innovations Inc (PGTI): * PGTI ANNOUNCES PRICING OF $60 MILLION OF ADDITIONAL 6.75% SENIOR NOTES DUE 2026. * PGT Innovations Inc (PGTI) - PRIVATE OFFERING OF $60 MILLION OF ADDITIONAL 6.75% SENIOR NOTES DUE 2026, WHICH ARE BEING ISSUED AT 105.500% OF PRINCIPAL AMOUNT Source text for Eikon: Further company coverage:
Antero Resources Corp (AR): * ANTERO RESOURCES ANNOUNCES PRICING OF UPSIZED $700 MILLION OFFERING OF SENIOR NOTES. * ANTERO RESOURCES (AR) - PRICING OF PRIVATE PLACEMENT TO ELIGIBLE PURCHASERS OF $700 MILLION IN AMOUNT OF 7.625% SENIOR UNSECURED NOTES DUE 2029.
DENVER, Jan. 11, 2021 ?Antero Resources Corporation? announced today the pricing of its private placement to eligible purchasers of $700?million in aggregate principal amount of 7.625% senior unsecured notes due 2029 at par. $692 million, after deducting the initial purchasers' discounts and estimated expenses.
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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