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 ...
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 ...
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, ...
Valley National Bancorp (NASDAQ:VLY) (“Valley”), the holding company for Valley National Bank, today announced the redemption, in full, of its 3.00% Fixed-to-Floating Rate Subordinated Notes due 2031 ...
Earlier this month, SLM Corporation launched a cash tender offer for any and all of its 3.125% senior notes due November 2, 2026, alongside pricing a US$500,000,000 fixed-to-floating rate senior notes ...
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").
NEW YORK--(BUSINESS WIRE)--Citibank, N.A. is announcing the redemption, in whole, constituting $1,750,000,000 of its 5.864% Notes due 2025 (the “fixed rate notes”) (ISIN: US17325FBA57) and ...
Encore Capital Group, Inc. (Nasdaq: ECPG) (the 'Company”) today announced the pricing of its offering of €325.0 million ...
Paris, France - May 12, 2026 - Atos S.E. (the "Company”) announced today that it has priced its offering (the "Offering”) 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.
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 ...