Bank of America Corporation announced today that it will redeem on March 11, 2026 all $2,800,000,000 principal amount ...

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, ...

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

PennantPark Floating Rate Capital Ltd. (the “ Company ”) (NYSE: PFLT) today announced that it has priced an underwritten public offering of $200 million aggregate principal amount of its 6.75% notes ...

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 ...

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 ...

The investment seeks a high level of current income; preservation of capital is a secondary goal. The fund invests at least 80% of its net assets in income-producing floating rate debt securities, ...

Bank of America Corporation announced today that it will redeem on March 10, 2026 all €1,750,000,000 principal amount outstanding of its Floating Rate Senior Notes, due March 10, 2027 (ISIN: ...

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 ...