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 ...

Why OFG Bancorp’s new bond issue matters for shareholders OFG Bancorp (OFG) recently launched a US$200 million fixed to floating rate note offering due 2036, a funding move that could reshape its ...

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, ...

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 ...

In Q4 2025, the PGIM Floating Rate Income Fund Class Z returned 2.39% net of fees and outperformed its benchmark, the S&P UBS ...

CHARLOTTE, N.C., March 2, 2026 /PRNewswire/ -- 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 ...

27 Mar 2024 (Johannesburg Stock Exchange) Mercedes-Benz South Africa Limited has achieved a significant milestone with the listing of its Senior Unsecured Floating Rate Notes on the Johannesburg Stock ...

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PennantPark Floating Rate Capital Ltd. (the “Company”) (NYSE: PFLT) today announced that PennantPark CLO VIII, LLC, a wholly-owned and consolidated subsidiary of the Company, has closed the ...

Multitude Capital Oyj explores the possibility to issue Subordinated Perpetual Floating Rate Callable Capital Notes and announces a tender offer, of its intention to together with its parent company ...