Payable Mar 27; for shareholders of record Mar 23; ex-div Mar 23. More on Baker Hughes: Best Picks And Shovels Play In The Energy Sector Enova International: Good Business, Wrong Price Learn From The ...
Why OFG Bancorp’s new bond issue matters for shareholders OFG Bancorp (OFG) recently launched a US$200 million fixed to floating rate note offering due 2036, a funding move that could reshape its ...
PITTSBURGH, Jan. 6, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 15, 2026, of the following Senior Bank Notes issued by PNC Bank, ...
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 ...
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 ...
Corporate floating rate notes (FRNs) are often discussed when talking about interest rate risk, but credit conditions also play an important role in shaping returns. While FRN coupons adjust with ...
The notes carry an interest rate of 6.75% per year, payable semi-annually on March 4 and September 4, beginning September 4, 2026. The notes are unsecured obligations of PennantPark Floating Rate ...
NEW YORK, March 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 ...
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.
Investors have a new form of government debt to look forward to. Later this year or early next, the U.S. Treasury is scheduled to issue its first new form of security since Treasury ...
NEW YORK, March 5, 2025 /PRNewswire/ -- The Bank of New York Mellon Corporation ("BNY") (NYSE: BK), a global financial services company, today announced that The Bank of New York Mellon, its ...