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 ...
Encore Capital Group (ECPG) has announced the pricing of its offering of €325.0 million in senior secured floating rate notes due 2033. This amount was increased from €300.0 million.  The notes will ...
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) ...
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.
The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS® US Investment Grade Floating Rate Index (the "Floating Rate Index"). ...
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 ...
EASTON, Md., Feb. 19, 2026 /PRNewswire/ -- Shore Bancshares, Inc. (the "Company") (NASDAQ: SHBI), the holding company for Shore United Bank, N.A. (the "Bank"), today announced that it had extended its ...
An announcement from Valterra Platinum Limited ( (AGPPF)) is now available. Valterra Platinum has launched its inaugural bond auction under its R10 billion domestic medium-term note programme, ...
Returns in floating rate notes are driven by two main components: short-term interest rates and credit spreads. What Drives Returns in Floating Rate Notes? Corporate floating rate notes (FRNs) are ...