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 ...
NEW YORK, Dec. 01, 2025 (GLOBE NEWSWIRE) -- IREN Limited (NASDAQ: IREN) (“IREN”) today announced its intention to offer, subject to market and other conditions, $1 billion aggregate principal amount ...
Opportunistic capital raise with proceeds used to enhance strategic flexibility A portion of the proceeds to be used to purchase a hedge overlay to offset any share dilution up to a 150% premium to ...
DeFi Development Corp. plans to offer $100 million in convertible senior notes, primarily to fund stock repurchases and SOL acquisitions. DeFi Development Corp. (Nasdaq: DFDV), the first U.S. public ...
CHARLOTTE, N.C., March 10, 2026 /PRNewswire/ -- Duke Energy Corporation (NYSE: DUK) announced the pricing of its offering of $1.3 billion aggregate principal amount of its 3.000% convertible senior ...
CenterPoint Energy, Inc. (NYSE: CNP) or “CenterPoint” today announced that it intends to offer, subject to market and other conditions, $550 million aggregate principal amount of its Convertible ...
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 ...