CoreWeave (CRWV) said Monday it plans a private offering of $2 billion of convertible senior notes due Dec. 1, 2031. The company intends to grant the initial purchasers an option to buy up to an additional $300 million of the notes. It will use proceeds from the offering to fund certain capped call transactions and for general corporate purposes.
First Majestic Silver (AG) said late Wednesday it priced a $300 million offering of unsecured convertible senior notes due 2031 at par. The Canadian company intends to issue notes worth $350 million, if an overallotment option is fully exercised. First Majestic said it plans to use the net proceeds to repurchase part of its 0.375% convertible senior notes due 2027, among other things.
Shift4 Payments (FOUR) said late Wednesday it has priced a private offering of 435 million euros principal amount of 5.5% senior notes due 2033 at an issue price of 102.5%. The notes will be issued in addition to an existing 680 million euros principal amount of 5.5% senior notes due 2033 issued in May. Net proceeds will be used for general corporate purposes, the company said.
Essex Property Trust (ESS) said Wednesday its operating partnership Essex Portfolio has priced an underwritten public offering of $350 million of 4.875% senior notes due 2036. The notes were priced at 99.093% of par value with a yield to maturity of 4.988%, the company said, adding the offering is expected to close on Dec. 12.
Herc (HRI) said late Tuesday it priced $600 million of 5.75% senior unsecured notes due 2031 and $600 million of 6% senior unsecured notes due 2034. The offering is expected to close on Dec. 16.
Ventas (VTR) said late Tuesday its subsidiary, Ventas Realty, has priced an underwritten public offering of $500.0 million of 5.000% senior notes due 2036 at 99.510% of the principal amount. The company said it expects to close the offering Dec. 4, with proceeds to be used for general corporate purposes. MT Newswires does not provide investment advice.
American Tower (AMT) said late Tuesday it priced an $850 million offering of senior unsecured notes due 2032. The notes carry a 4.7% interest rate per year and were issued at 99.685% of face value. MT Newswires does not provide investment advice.
Doman Building Materials Group (CWXZF) on Tuesday said it closed a private placement offering of $170 million of 7.50% senior unsecured notes due Sept. 17, 2029. The company said the notes have identical terms, will be fungible with, and are a part of a single series.
Herc Holdings (HRI) said Tuesday it intends to issue $1.2 billion in senior unsecured notes through a private offering, with maturities in 2031 and 2034. The company said it plans to use the proceeds to fully redeem its $1.2 billion of 5.50% notes due 2027 and cover associated costs.
Endeavour Silver (EXK) said late Monday it priced its offering of $300 million of 0.25% unsecured convertible senior notes due 2031. Initial purchasers have an overallotment option to buy up to $50 million of additional notes.
ASML's (ASML) long-term issuer default rating was affirmed at A+ by Fitch Ratings on Monday, with a stable outlook. Fitch said that key drivers for the rating were the company's "exceptionally strong" position in the market as a lithography tool manufacturer, a favorable growth outlook, and limited threat from alternative technologies.
Enerflex (EFXT) was at last look up more than 2% and at 52 week high levels in US premarket trade Monday as it announced that Enerflex Inc., a wholly owned subsidiary, on Monday commenced a private offering to eligible purchasers of $400 million in aggregate principal amount of senior notes due 2031, subject to market and other conditions.
Endeavour Silver (EXK) said Monday it launched a $300 million private offering of unsecured convertible senior notes due 2031. The company expects to grant the initial purchasers an option to buy up to an additional $45 million of the notes. Endeavour said it plans to use the net proceeds to repay its senior secured debt facility with ING Capital and Societe Generale, among other things.
StorageVault Canada (SVAUF) said Friday that it has completed its $50 million offering of senior unsecured hybrid debentures. The debentures were issued at $1,000 each and bear an interest rate of 5.6%. The underwriters have also been granted an over-allotment option of up to $7.5 million. Proceeds will be used to pay down bank debt. StorageVault is up $0.05, to $4.90, on the Toronto Stock Exchange.
Dream Industrial Real Estate Investment Trust, trading near 52 week highs, overnight Wednesday announced receipt of its issuer rating and senior unsecured debentures credit rating upgrade to BBB with Stable trends, from BBB, assigned by Morningstar DBRS.
Commercial Metals (CMC) said late Wednesday it closed an offering of $1 billion of 5.75% senior notes due Nov. 15, 2033, and $1 billion of 6% senior notes due Dec. 15, 2035. The company said it plans to use the net proceeds from the offering to fund its acquisition of Foley Products and for general corporate purposes. MT Newswires does not provide investment advice.
CIBC Capital Markets Tuesday lowered Vizsla Silver's price target to C$10.25 from $11.00 with an outperformer rating. CIBC said the company is now off research restriction after it closed an offering of 5% convertible senior unsecured notes due 2031 for an aggregate principal amount of US$300 million.
Doman Building Materials Group (CWXZF) entered Wednesday into an underwriting agreement with a syndicate of underwriters to sell an additional $170 million aggregate principal amount of its 7.50% Senior Unsecured Notes due September 17, 2029. In a statement DBM said the net proceeds from the issuance will be approximately $167 million.
Symbotic (SYM) shares soared 35% amid heavy trading after the company reported higher fiscal Q4 revenue overnight. Craig-Hallum upgraded Symbotic's (SYM) shares to buy from hold while adjusting the price target to $70 from $51. More than 8.1 million shares of the company traded intraday compared with a daily average of about 2 million.
GXO Logistics (GXO) said Monday that its GXO Logistics Capital subsidiary issued 500 million euros in senior unsecured notes in Europe. The company said the notes carry an annual interest rate of 3.75%, payable once a year starting Nov. 24, 2026, and will mature on Nov. 24, 2030. Proceeds will be used to refinance upcoming maturities, GXO Chief Financial Officer Baris Oran said.
Bowhead Specialty (BOW) said Thursday that it has priced a public offering of $150 million worth of its 7.750% senior notes due 2030. The offering is expected to close on Tuesday. The company said it plans to use proceeds of the offering to make capital contributions to its insurance subsidiary and for other general corporate purposes. MT Newswires does not provide investment advice.
Cenovus Energy (CVE) on Thursday said it completed a public offering in Canada and the U.S. of $2.6 billion in senior notes. The senior notes are comprised of $650 million of 4.250% senior unsecured notes due 2033, $550 million of 4.600% senior unsecured notes due 2035, US$500 million of 4.650% senior unsecured notes due 2031, and US$500 million of 5.400% senior unsecured notes due 2036.
MarketAxess Holdings (MKTX), which operates an electronic trading platform for corporate bonds and other fixed-income securities, is facing a potentially benign credit outlook that may weigh on secondary volumes into 2026, Morgan Stanley said Thursday in a report. Morgan Stanley downgraded MarketAxess (MKTX) shares to equal weight from overweight and lowered its price target to $209 from $247.
Secure Waste Infrastructure (SECYF) said Thursday that it has closed its $300 million private placement of 5.75% senior unsecured notes due 2032. Proceeds will be used to pay down debt and for general corporate purposes. Secure Waste is up $0.37, to $18.56, on the Toronto Stock Exchange. Price: 18.55, Change: +0.36, Percent Change: +1.98. MT Newswires does not provide investment advice.
Getty Realty (GTY) said Thursday it has signed agreements to issue $250 million of senior unsecured notes in a private placement. The notes, which have a 10-year term and a fixed interest rate of 5.76%, are slated to fund on Jan. 22, 2026, the company said.
Vizsla Silver (VZLA), which at last look dropped near 13% in U.S. pre-market trading, said it has priced an offering of convertible senior unsecured notes due 2031 totaling US$250 million. The notes will bear cash interest semi-annually at a rate of 5.00% per annum.
PPL subsidiary PPL Capital Funding said Wednesday that it priced $1 billion of its 3% exchangeable senior unsecured notes due 2030 in a private placement. The company also granted the initial purchasers a 13-day option to buy up to an additional $150 million of notes.
Vizsla Silver (VZLA) said Thursday it priced a $250 million offering of convertible senior unsecured notes due 2031, for about $239.4 million in expected net proceeds. Initial purchasers have a 13-day overallotment option to buy up to an additional $50 million of the notes.
Vizsla Silver (VZLA) said Wednesday it plans to raise $250 million through offering of convertible senior unsecured notes due 2031. The company said it may grant buyers a 13-day option to purchase up to $50 million in additional notes. Proceeds will go toward the Panuco Project, potential acquisitions, and general corporate needs, Vizsla added.
Baxter International (BAX) said late Wednesday that it has increased the maximum purchase price for its $1.45 billion of 1.915% senior unsecured notes due 2027 that it can repurchase under a cash tender offer for the notes to $600 million from $300 million. Earlier in the day, Baxter said it launched tender offers to buy certain debt securities for cash. MT Newswires does not provide investment advice.
Vizsla Silver (VZLA), was last seen down 15% in after-hours New York trading after the company on Wednesday said it intends to offer US$250 million in convertible senior unsecured notes due 2031, with an option for initial purchasers to buy an additional US$50 million of notes within 13 days of issuance.
Element Fleet Management (ELEEF) on Wednesday said it intends to sell senior unsecured notes in a proposed private offering that will not be registered under the Securities Act of 1933, as amended, subject to market and other conditions.
Baxter International (BAX) said Wednesday that it has launched tender offers to buy certain debt securities for cash. The tender offers include the 2.600% senior unsecured notes due 2026, which have $750 million of outstanding principle, and the 1.915% senior unsecured notes due 2027, which have $1.45 billion of outstanding principle.
PPL's capital funding subsidiary said Wednesday it plans to offer $1 billion worth of exchangeable senior notes due 2030 in a private placement. The PPL funding subsidiary said it intends to grant initial purchasers a 13-day option to purchase up to $150 million worth of additional notes.
Cenovus Energy (CVE), which recently completed its acquisition of MEG Energy Corp, was at last look Wednesday down 0.3% in US premarket after announcing overnight that it has priced an offering of $2.6 billion in aggregate principal amount of senior unsecured notes.
Molina Healthcare (MOH) said late Monday it priced a $850 million private offering of 6.5% senior notes due Feb. 15, 2031, for about $838 million in expected net proceeds. The company expects the offering to close by Thursday and plans to use the net proceeds for general corporate purposes. Molina shares were up 2.8% in recent premarket activity Tuesday. MT Newswires does not provide investment advice.
Redwood Trust (RWT) said Monday it has priced an underwritten public offering of $100 million of 9.50% senior notes due 2030. The company said it has granted its underwriters a 30-day option to buy up to an additional $15 million of the notes. Redwood said it expects to close the offering on Nov. 19, with net proceeds to be used for general corporate purposes.
Amazon.com (AMZN) has commenced a US dollar corporate bond sale in as many as six parts, Bloomberg reported Monday, citing a person familiar with the matter. The tech giant is looking to raise about $12 billion from the sale, which is its first such offering in about three years, according to the report.
Graham said late Thursday it priced a $500 million private offering of 5.625% senior unsecured notes due 2033. The offering is expected to close on Nov. 24. Concurrently, Graham plans to amend its revolving credit facility, increasing total commitments to $400 million.
Genpact (G) said Thursday its subsidiaries Genpact UK Finco and Genpact USA priced an underwritten public offering of $350 million in 4.950% senior notes due 2030. The company expects the offering to close Tuesday. Genpact (G) said it plans to use the proceeds for general corporate purposes, which may include repaying or redeeming its 1.750% senior notes due 2026.
Gartner (IT) said Thursday it has commenced a registered public offering of senior unsecured notes under a shelf registration statement. The company said it plans to use net proceeds to repay borrowings under its existing revolving credit facility, cover related fees and expenses, and for general corporate purposes. Gartner (IT) said the offering's completion is subject to market and other conditions.
Bitdeer Technologies (BTDR) said late Wednesday it plans a $400 million private placement of convertible senior unsecured notes due 2031. The company intends to provide a 13-day overallotment option to the initial purchasers to buy up to an additional $60 million of the notes.
Commercial Metals (CMC) said late Wednesday it priced an offering of $1 billion of 5.75% senior notes due Nov. 15, 2033, and $1 billion of 6% senior notes due Dec. 15, 2035. The company plans to use the net proceeds to fund its acquisition of Foley Products, among other things. The offering is expected to close by Nov. 26. MT Newswires does not provide investment advice.
XPLR Infrastructure (XIFR) said late Wednesday that its subsidiary, XPLR Infrastructure Operating Partners, has priced a $750 million private offering of 7.75% senior unsecured notes due 2034. The notes, which pay interest semiannually, are expected to close on Nov. 21.
Digital Realty Trust (DLR) said late Wednesday it priced 1.4 billion euros in senior unsecured notes through its unit Digital Euro Finco, comprising 600 million euros of 3.75% notes due 2033 and 800 million euros of 4.25% notes due 2037. The notes, fully guaranteed by Digital Realty (DLR) and its operating partnership, were priced at 99.935% and 99.364% of face value, respectively.
StorageVault Canada (SVAUF) said Wednesday it plans to raise up to $50 million in a bought deal offering of senior unsecured hybrid debentures due Dec.31, 2030. The debentures are priced at $1,000 each and will bear 5.6% interest annually. Proceeds will be used to initially pay down bank debt, which may be subsequently re-drawn to fund the redemption of the 5.75% listed debentures due Jan. 31, 2026.
Commercial Metals (CMC) said Wednesday it plans to offer $2 billion worth of new senior unsecured notes. The company said the terms of the offering will be determined at the time of pricing. The company said it plans to use the net proceeds from the offering to fund its acquisition of Foley Products and for general corporate purposes. MT Newswires does not provide investment advice.
Graham Holdings (GHC) said Wednesday it plans to launch a $500 million private offering of senior unsecured notes due 2033. The company said it also intends to amend and restate its revolving credit facility, increasing total commitments to $400 million.
Cogent Biosciences (COGT) said late Tuesday it has priced its public offering of 9.7 million shares at $31 per share and a concurrent $200 million offering of 1.625% convertible senior notes due 2031, for expected combined net proceeds of about $475.3 million. The company said the equity portion was upsized from the previously announced $200 million.
Enterprise Products Partners (EPD) said Monday that it has priced a $1.65 billion public debt offering. The offering consists of $300 million worth of 4.3% senior notes due 2028, $600 million of 4.6% senior notes due 2031, and $750 million of 5.2% senior notes due 2036 at 100.63%, 100.693%, and 101.185% of principal, respectively.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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