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 ...

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 ...

NEW YORK--(BUSINESS WIRE)-- Citibank, N.A. is announcing the redemption, in whole, constituting $2,000,000,000 of its 5.438% Notes due 2026 (the “fixed rate notes”) (ISIN: US17325FBF45) and $1,000,000 ...

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 latest update is out from Valley National Bancorp ( (VLY) ).

Valley National Bancorp (NASDAQ:VLY ) (“Valley”), the holding company for Valley National Bank, announced today that it priced $500 million of its 6.219% Fixed-to-Floating Rate Subordinated Notes due ...

High-risk borrowers in Europe are taking advantage of cheaper fixed-rate bonds to refinance floating-rate debt, cutting costs and buying protection against the risk of interest rate hikes.

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 ...

Press Release Atos SE has successfully priced a total of €1,250 million senior secured fixed rate notes due 2031 and senior secured floating rate notes due 2031 Paris, France - May 12, 2026 - Atos ...

Press Release Atos SE Announces the Offering of Senior Secured Fixed Rate Notes Due 2031 and Senior Secured Floating Rate Notes Due 2031, and Entry into New Revolving Credit Facility Paris - ...

The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on May 13, 2026, of all outstanding 4.543% Senior Fixed Rate/Floating Rate Notes due May 13, 2027, in the amount of $1 ...