PennantPark Floating Rate Capital (NYSE: PFLT) on Wednesday said it priced an underwritten public offering of $100 million aggregate principal amount of 7.375% notes due 2031. The notes will mature on ...
Income rather than price is the primary driver of FRN returns. As policy rates and SOFR move, FRN coupons adjust accordingly, allowing income to rise in higher-rate environments and decline when rates ...
Start a conversation with TipRanks’ trusted, data-backed investment intelligence Ask Samuel about stocks, your portfolio, or the market and get instant, personalized insights in seconds Merck & ...
The investment seeks to track the investment results of the Bloomberg U.S. Floating Rate Note < 5 Years Index composed of U.S. dollar-denominated, investment-grade floating rate bonds with remaining ...
Multitude AG to redeem its outstanding up to EUR 50,000,000 subordinated perpetual floating rate callable capital notes with ...
NEW YORK, July 17, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that it will redeem all of the issued and ...
(RTTNews) - Truist Financial Corporation (TFC) announced it will redeem all $1.50 billion principal amount outstanding of its floating rate senior notes due July 28, 2026 on the redemption date of ...
Bond investors in Canada are clamoring for floating-rate debt, with issuance this year on pace to be the highest in a decade as traders bet that a trade war with the US will drive up inflation.