Revolution Medicines (RVMD) said late Friday it has closed its concurrent upsized public offerings of 12.1 million common shares at a public offering price of $142 apiece and $500 million of 0.50% convertible senior notes due 2033 for collective gross proceeds of about $2.23 billion.
Borr Drilling (BORR) said Friday it has completed a $300 million offering of convertible senior notes due 2033, including $40 million from an over-allotment option. Proceeds will be used to repurchase its convertible bonds due 2028 and for general corporate purposes, the firm said. Price: 5.53, Change: +0.09, Percent Change: +1.65. MT Newswires does not provide investment advice.
InvenTrust Properties (IVT) said late Thursday it has struck a deal to sell $250 million senior unsecured notes to raise funds for general corporate purposes, including debt repayment.
CoreWeave (CRWV) priced a private offering of $1 billion in 9.75% senior notes due 2031. The notes priced at 102% of face value and will be guaranteed on a senior unsecured basis by certain wholly owned subsidiaries, CoreWeave (CRWV) said Thursday in a statement.
CoreWeave (CRWV) said Thursday it plans to offer $1 billion in a private offering of 9.750% senior notes due 2031. The notes will be guaranteed by certain CoreWeave (CRWV) subsidiaries and issued as additional notes under an existing indenture tied to $1.75 billion of previously issued 9.750% notes, the company said.
CoreWeave (CRWV) said Thursday it plans to offer $1 billion in a private offering of 9.750% senior notes due 2031. The notes will be guaranteed by certain CoreWeave (CRWV) subsidiaries and issued as additional notes under an existing indenture tied to $1.75 billion of previously issued 9.750% notes, the company said.
Morgan Stanley (MS) plans to raise $10 billion in one of the largest bond sales by a Wall Street bank, following its Q1 results, Bloomberg reported Wednesday, citing a person familiar with the matter. The bank's four-part offering has maturities ranging from 4 to 11 years, the report said. Proceeds will be used for general corporate purposes, according to the report.
T1 Energy (TE) said late Tuesday it priced its upsized public offering of $160 million of 4% convertible senior notes due 2031. The offering was upsized from $125 million. The company expects about $151.6 million in proceeds from the offering. The offering is expected to close on or about Friday.
Borr Drilling (BORR) said late Tuesday it plans to offer $250 million of convertible senior notes due 2033 to qualified institutional buyers. The company said it will grant initial buyers a 13-day overallotment option to buy up to an additional $37.5 million of the notes. Ner proceeds will be used to repurchase existing convertible bonds due 2028 and for general corporate purposes, the company said.
NRG Energy (NRG) said late Tuesday it has priced its offering of $500 million of 4.955% senior secured first lien notes due 2031. The company said it also priced its offering of $1.05 billion of 5.875% senior unsecured notes due 2034, and $1.05 billion of 6.125% senior unsecured notes due 2036.
T1 Energy (TE) shares were 5.7% lower in Tuesday's premarket activity after the company said it is proposing an underwritten public offering of $125 million in convertible senior notes due 2031. CarMax (KMX) shares were down 4.2% after the company reported lower fiscal Q4 adjusted earnings and net sales and operating revenue from a year earlier.
T1 Energy (TE) said Tuesday it is proposing an underwritten public offering of $125 million in convertible senior notes due 2031. The company plans to grant the underwriters a 30-day option to purchase up to an additional $18.75 million of the convertible notes to cover over-allotments.
Berkshire Hathaway (BRK/A) sold 272.3 billion Japanese yen worth of yen-denominated bonds, the first such deal since Warren Buffett retired as chief executive officer, Bloomberg said in an updated report Friday. The offering consisted of six tranches and included maturities ranging from three to 30 years, the report said. The company has increased its investments in Japan, the report said.
JD.com (JD) said Friday it closed its offering of 10 billion Chinese renminbi of senior unsecured notes. The offering comprised 7.5 billion renminbi of 2.05% notes due 2031 and 2.5 billion renminbi of 2.75% notes due 2036. The company said it plans to use the net proceeds for general corporate purposes. MT Newswires does not provide investment advice.
CoreWeave (CRWV) said Thursday it intends to offer $3.0 billion aggregate principal amount of its convertible senior notes due 2032 in a private offering. The company said it plans to grant initial buyers of the notes an option to purchase, for settlement within a 13-day window beginning on, and including, the date on which the notes are first issued, up to an additional $450 million of notes.
Vistra (VST) said Wednesday it launched a private offering of multiple series of senior unsecured notes through its subsidiary Vistra Operations. The company said the notes will be guaranteed by certain subsidiaries that also back its existing credit agreement.
Atlas Energy Solutions (AESI) said Tuesday it priced a private offering of $390 million of 0.5% convertible senior unsecured notes due 2031, upsized from $300 million. The company granted the initial purchasers a 13-day option to buy up to an additional $60 million of notes.
Eni said Thursday its board approved a plan to issue bonds of up to 10 billion euros to support its financial structure. The Italian energy company said the bonds will be issued in one or more tranches to institutional investors, depending on market conditions, through March 31, 2028. Proceeds will be used for general corporate purposes, Eni said. Shares of Eni were up 3.5% in Thursday trading.
Consumer stocks were flat to lower pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF inactive and the State Street Consumer Discretionary Select Sector SPDR ETF declining by 1.9%. JD.com (JD) stock was down more than 1% after the company priced a 10 billion Chinese renminbi offering of yuan-denominated senior unsecured notes.
Consumer stocks were leaning lower pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF down 0.3% and the State Street Consumer Discretionary Select Sector SPDR ETF marginally declining. JD.com (JD) stock was down more than 1% after the company priced a 10 billion Chinese renminbi offering of yuan-denominated senior unsecured notes.
Hudbay Minerals (HBM) on Thursday said that it repaid in full all of its outstanding 4.50% senior unsecured notes due 2026, which were originally issued in an aggregate principal amount of US$600 million.
JD.com (JD) said late Wednesday it priced a 10 billion Chinese renminbi offering of yuan-denominated senior unsecured notes. The notes comprise 7.5 billion renminbi of 2.05% notes due 2031 and 2.5 billion renminbi of 2.75% notes due 2036, according to the company.
Public Storage (PSA) said late Wednesday its subsidiary priced a $500 million offering of fixed-rate senior notes due 2035. The notes will be issued at 99.182% of par, bear a 5% annual interest rate and mature on Dec. 15, 2035, with interest paid semi-annually starting June 15, 2026.
Dollarama (DLMAF) late on Tuesday said it has priced an offering of C$750 million of fixed rate senior unsecured notes to be issued in two series. The offering is composed of $375 million of 3.940% senior unsecured notes due July 25, 2031, and $375 million of 4.576% senior unsecured notes due April 2, 2036.
Skeena Resources (SKE) said Tuesday it plans to issue $750 million in senior secured notes due 2031 to support its Eskay Creek project. The company said it will use about $184 million of the proceeds to reduce its gold streaming obligations by two-thirds, $100 million for an interest reserve account, and the rest for the Eskay Creek project development and general purposes.
Realty Income (O) said Monday it priced a public offering of $800 million in senior unsecured notes carrying a 4.75% interest rate due April 15, 2033. The debt securities were priced at 98.26% of their principal amount to deliver an effective yield to maturity of 5.047%, the company said.
Service Properties Trust (SVC) said late Monday it has commenced a $500 million underwritten public offering of its common shares. The company said it expects to use the net proceeds to redeem all or part of the $100 million principal amount outstanding of its 4.95% senior notes due 2027 and/or the $450 million principal amount outstanding of its 5.50% senior notes due 2027.
AES (AES) said Monday it has extended the deadline for its consent solicitation on $900 million of 5.45% senior notes due 2028 to March 31, 2026. The company said about 49% of noteholders had approved proposed changes to the bond terms, as of the previous deadline. AES (AES) said it needs majority consent for the amendments to proceed.
HSBC (HSBC) said Friday that it issued $130 million of 5.48% fixed rate senior unsecured notes due 2036 under its debt issuance program. The company will submit an application to list the senior notes on the Official List of the Financial Conduct Authority and to trade them on the Main Market of the London Stock Exchange, according to its filing with the US Securities and Exchange Commission.
Colliers International Group (CIGI) said late Wednesday it completed a private placement of CA$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by its subsidiary, Colliers Macaulay Nicolls, and fully guaranteed by Colliers, according to the company.
Colliers International Group Wednesday said it completed a private placement of C$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by Colliers Macaulay Nicolls, a subsidiary of Colliers, and are fully guaranteed by the company.
Grifols' (GRFS) long-term issuer default rating was upgraded to BB- from B+ with a stable outlook, Fitch Ratings said in a statement Wednesday. Fitch also upgraded the company's senior secured ratings to BB+ and senior unsecured ratings to B+, according to the statement.
Harrow said late Tuesday it priced a private offering of $50 million of 8.625% senior unsecured notes due 2030. Net proceeds will be used for general corporate purposes. The offering is expected to be close Friday, according to the company. MT Newswires does not provide investment advice.
Harrow said Tuesday that it plans to offer an additional $50.0 million worth of its 8.625% senior unsecured notes due 2030. The notes are to be issued under the same conditions governing the $250 million offering of the 2030 notes issued in September, the company said. Harrow said it intends to use the net proceeds from the additional issuance for general corporate purposes.
Nexstar Media Group (NXST) said late Monday its subsidiary, Nexstar Media (NXST), priced a private offering of approximately $5.1 billion in senior notes. The company said the offering includes $3.39 billion of 6.50% senior secured notes due 2033 and $1.73 billion of 7.25% senior unsecured notes due 2034, both issued at par.
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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