How Floating Rate Notes Perform When Credit Spreads Widen

When credit spreads widen, corporate FRN prices may decline temporarily as investors demand greater compensation for credit ...
Morningstar

Citigroup Announces $2.5 Billion Redemption of 1.122% Fixed Rate / Floating Rate Notes Due 2027

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 ...
Business Wire

Citigroup Announces $1.0 Billion Redemption of 1.281% Fixed Rate / Floating Rate Notes Due 2025

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) ...
Investing

Luminar Technologies launches tender offer for floating rate notes

ORLANDO - Luminar Technologies, Inc. (OTC:LAZRQ) announced on Tuesday it has commenced a tender offer to purchase its outstanding Floating Rate Senior Secured Notes due 2028, using proceeds from a ...