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 ...

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, 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 ...

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 ...

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 ...

MIAMI, Feb. 26, 2026 (GLOBE NEWSWIRE) -- PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million ...

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.

MIAMI - PennantPark Floating Rate Capital Ltd. (NYSE:PFLT) priced an underwritten public offering of $200 million in notes due 2029, according to a press release statement issued Tuesday. The notes ...

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 ...