How Floating Rate Notes Perform When Credit Spreads Widen

When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
Morningstar

Citigroup Announces $2.5 Billion Redemption of 1.122% Fixed Rate / Floating Rate Notes Due 2027

Citigroup Inc. is announcing the redemption, in whole, constituting $2,500,000,000 of its 1.122% Fixed Rate / Floating Rate Notes due 2027 (the “notes”) (ISIN: US17327CAM55). The redemption date for ...
Hosted on MSN

Mercedes-Benz South Africa Secures JSE Listing for New Floating Rate Note

27 Mar 2024 (Johannesburg Stock Exchange) Mercedes-Benz South Africa Limited has achieved a significant milestone with the listing of its Senior Unsecured Floating Rate Notes on the Johannesburg Stock ...
Morningstar

Citigroup Announces $2.75 Billion Redemption of 5.610% Fixed Rate/Floating Rate Notes Due 2026

Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 5.610% Fixed Rate/Floating Rate Notes due 2026 (the “notes”) (ISIN: US172967NX53). The redemption date for the ...
Business Wire

Citigroup Announces $1.0 Billion Redemption of 1.281% Fixed Rate / Floating Rate Notes Due 2025

NEW YORK--(BUSINESS WIRE)--Citigroup Inc. is announcing the redemption, in whole, constituting $1,000,000,000 of its 1.281% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967ND99) ...
Insider Monkey

Thermo Fisher (TMO) Raises €2.1 Billion Through Floating and Fixed-Rate Senior Notes

Thermo Fisher Scientific Inc. (NYSE:TMO) is one of the best dividend stocks to buy according to hedge funds. On November 25, Thermo Fisher reported that it had made an offering of euro-dominated notes ...
Investing

Luminar Technologies launches tender offer for floating rate notes

ORLANDO - Luminar Technologies, Inc. (OTC:LAZRQ) announced on Tuesday it has commenced a tender offer to purchase its outstanding Floating Rate Senior Secured Notes due 2028, using proceeds from a ...