Encore Capital Group, Inc. (Nasdaq: ECPG) (the “Company”) today announced its intention to offer, subject to market and other conditions, €300.0 million aggregate principal amount of senior secured ...

Truist Bank (NYSE: TFC) today announced it will redeem all $1,250,000,000 principal amount outstanding of its ...

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 ...

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 ...

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 ...

The investment seeks to track the investment results of the Bloomberg U.S. Floating Rate Note < 5 Years Index composed of U.S. dollar-denominated, investment-grade floating rate bonds with remaining ...

NEW YORK, July 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 ...

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 - ...

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").

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.