goeasy Ltd., one of Canada?s leading non-prime consumer lenders, is pleased to announce that it closed its previously announced offering of US$550 million aggregate principal amount of senior unsecured notes due 2028.
Griffin Global Asset Management announces the successful closing by GGAM Finance Ltd. of an offering of an aggregate principal amount of $400 million senior unsecured notes. The offering comprises $400 million of 8% senior unsecured notes due 2027. John Beekman, Griffin CFO, commented: ?We are very pleased to announce the closing of our latest $400 million unsecured notes offering.
Brookfield Corporation (BN) today announced the pricing of a public offering of $700 million principal amount of senior notes due 2034, which will bear interest at a rate of 6.350% per annum.
Brookfield Corporation (BN) today announced that it has received an upgrade to its senior unsecured debt rating from DBRS to ?A? from A. The upgrade reflects the continued growth in the earnings and cashflows of the business, underpinned by a conservatively capitalized balance sheet.
MADRID, Spain and BOSTON, Nov. 21, 2023 -- Oryzon Genomics, S.A. (ORYZF), a clinical-stage biopharmaceutical company leveraging epigenetics to develop therapies in diseases with strong unmet medical need, announced today the entry into a new convertible bonds financing agreement with Nice & Green in bonds convertible into new shares for a total amount of ?45 Million.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. priced a private offering of $500 million aggregate principal amount of 8.00% senior notes due 2031.
Gaming and Leisure Properties, Inc. (GLPI) today announced the pricing of a public offering of $400.0 million aggregate principal amount of 6.750% Senior Notes Due 2033, to be issued by its operating partnership, GLP Capital, L.P., and GLP Financing II, Inc., a wholly owned subsidiary of the Operating Partnership.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc., intend, subject to market and other customary conditions, to offer $500 million aggregate principal amount of senior notes due 2031 in a private offering.
Hudbay Minerals Inc. (HBM) today announced that its wholly owned subsidiary, Copper Mountain Mining ULC, has exercised the redemption option on its senior secured 8% notes. Hudbay intends to utilize its senior secured revolving credit facility to fund the redemption of the Copper Mountain Bonds.
goeasy Ltd., one of Canada?s leading non-prime consumer lenders, is pleased to announce that in connection with the offering of its US$550 million aggregate principal amount of senior unsecured notes due 2028, which was announced on November 13, 2023, it has now also entered into a currency swap agreement to reduce the Canadian dollar equivalent cost of borrowing on the Notes to 8.79% per annum...
SiriusPoint Ltd. (SPNT), a global specialty insurer and reinsurer, has had its ratings outlook revised from ?Negative? to ?Stable? by S&P Global Ratings. S&P?s decision to revise its ratings outlook to ?Stable? reflects its ?expectation that SiriusPoint (SPNT) will continue to post strong and improving underwriting results in 2023-2025, with combined ratios around 95% and capital maintained at the 'AA' level.
Oslo, Norway ? 7 November 2023 ? IDEX Biometrics (IDXAF) has entered into a non-binding term sheet with a new institutional investor group to issue a senior convertible bond for up to 100 million NOK. The convertible bond will be issued at a price of 92% of the principal amount, and will be amortized over 3,5 years through instalment every 2 months over the period.
Targa Resources Corp. (TRGP), announced today the pricing of an underwritten public offering of $1.0 billion aggregate principal amount of its 6.150% Senior Notes due 2029 and $1.0 billion aggregate principal amount of its 6.500% Senior Notes due 2034 at a price to the public of 99.779% and 99.949% of their face value, respectively.
LXP Industrial Trust (LXP), a real estate investment trust focused on single-tenant warehouse/distribution real estate investments, today announced that it has priced an underwritten public offering of $300 million aggregate principal amount of 6.750% senior unsecured notes due November 15, 2028 at a price equal to 99.423% of the principal amount, to yield 6.888%. Interest on the notes will be payabl...
British Columbia Investment Management Corporation issued C$1.25 billion senior unsecured notes, with a coupon of 4.90% and a maturity date of June 2, 2033.
Banco Santander Chile's (BSAC) announced its first green bond under its ESG Framework to finance green mortgages. Santander Chile placed its first green bond under its ESG Framework incorporating ESG criteria, focusing on the green mortgage product.
Enovis? Corporation today announced the pricing of $400 million aggregate principal amount of 3.875% Convertible Senior Notes due 2028 in a private offering. The Notes will bear interest at 3.875% per year.
Enovis? Corporation today announced its intention to offer, subject to market conditions and other factors, $400 million aggregate principal amount of Convertible Senior Notes due 2028 in a private offering.
Medallion Financial Corp. (MFIN), a specialty finance company that originates and services loans in various consumer and commercial industries, along with offering loan origination services to fintech strategic partners, announced today that it has completed a private placement of $39.0 million aggregate principal amount of senior unsecured notes to certain institutional investors.
Amsterdam, 27 September 2023 ? Since the start of 2022, Azerion has seen a period of significant transformation and growth including its listing on Euronext Amsterdam, the completed sale of the Youda card games portfolio and the recently announced placement of EUR 165 million of senior secured floating rate bonds.
Mercer International Inc. (MERC) today announced that it has completed its previously announced private offering of $200.0 million aggregate principal amount of 12.875% senior notes due October 1, 2028. The 2028 Notes were issued at a price of 100.000% of their principal amount.
Mercer International Inc. (MERC) today announced the pricing of its private offering of $200.0 million in aggregate principal amount of 12.875% senior notes due October 1, 2028. The 2028 Notes are being issued at a price of 100% of their principal amount. The offering of the 2028 Notes is expected to close on or around September 21, 2023, subject to the satisfaction of customary closing conditions.
Vital Energy, Inc. (VTLE), a Delaware corporation, announced today the pricing of $400 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 at 101% of par and $500 million in aggregate principal amount of 9.750% senior unsecured notes due 2030 at 98.742% of par in an upsized registered underwritten offering for a total of $900 million.
NIO Inc. (NIO), a pioneer and a leading company in the premium smart electric vehicle market, today announced a proposed offering of US$500 million in aggregate principal amount of convertible senior notes due 2029 and US$500 million in aggregate principal amount of convertible senior notes due 2030, subject to market conditions and other factors.
Retail Opportunity Investments Corp. (ROIC) announced today that its operating partnership, Retail Opportunity Investments Partnership, LP, has priced an offering of $350 million aggregate principal amount of 6.750% senior unsecured notes in an underwritten public offering.
Vital Energy, Inc. (VTLE), a Delaware corporation, announced today that it intends, subject to market conditions, to publicly offer $300 million in aggregate principal amount of 10.125% senior unsecured notes due 2028 and $500 million in aggregate principal amount of senior unsecured notes due 2030 in a registered underwritten offering for a total of $800 million.
Amsterdam, 13 September 2023?? VEON Ltd. (VEON), a global digital operator that provides converged connectivity and online services, and its subsidiary, VEON Holdings B.V., today issued two redemption notices for the early payment of the Company?s bonds maturing in December 2023 and June 2024.
Vishay Intertechnology, Inc. (VSH) today announced the closing of its offering of $750?million aggregate principal amount of 2.25% convertible senior notes due 2030. The notes are Vishay?s senior unsecured obligations and subordinated in right of payment to Vishay?s senior secured debt, including amounts borrowed under its senior secured credit facility.
Phorcys Capital Partners, LLC announced its recent acquisition of a seniors housing property located in Greensboro, Georgia. PCP?s strategy largely focuses on seeking distressed and/or overleveraged senior living properties financed by municipal bonds located throughout the United States.
Vishay Intertechnology, Inc. (VSH) today announced the pricing of its offering of $650 million aggregate principal amount of 2.25% convertible senior notes due 2030 in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Black Hills Corp. (BKH) today announced the pricing of a registered public debt offering of $450 million aggregate principal amount of 6.15% senior unsecured notes due May 15, 2034.
5.75% Sustainability-Linked Notes, Series CAK due September 8, 2033 5.95% Notes, Series CAL due September 8, 2053. 5.60% Notes, Series CAM due September 9, 2030. TELUS (TU) announced today it has priced $1.75 billion of senior unsecured notes in three series, the first with a 10-year maturity, the second with a 30-year maturity and the third with a 7-year maturity.
NewtekOne, Inc. (NEWT), announced today that it has completed a registered public offering of $40.0 million aggregate principal amount of its 8.00% Fixed Rate Senior Notes due 2028. NewtekOne (NEWT) intends to list the Notes on the Nasdaq Global Market? under the trading symbol ?NEWTI? within 30 days of issuance.
Madison Investments, an independently-owned investment firm managing $22.9 billion in assets, today announces the launch of the Madison Aggregate Bond ETF (MAGG), the latest addition to its suite of actively-managed, income-driven exchange-traded funds. This expansion follows the launch of the suite?s two equity funds: The Madison Covered Call ETF (CVRD) and the Madison Dividend Value ETF.
Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced that it has priced the previously announced offering of up to $35.0 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2020R-2 to be issued under an indenture between the Issuer and the bond trus...
Conifer Holdings, Inc. (CNFR) , announced today that it has closed its previously announced offer to exchange its outstanding 6.75% Senior Unsecured Notes due 2023 for 9.75% Senior Unsecured Notes due 2028 to be issued by the Company.
Global Ship Lease, Inc. (GSL), an owner of containerships, announced today its unaudited results for the three and six month periods ended June 30, 2023. Second Quarter 2023 and Year to Date Highlights - Reported operating revenue of $162.1 million for the second quarter 2023, up 4.9% from $154.5 million for the prior year period.
Tokio Marine HCC, headquartered in Houston, Texas, today announced that Fitch Ratings has affirmed the ?AA-? Insurer Financial Strength Ratings for its insurance company subsidiaries and the ?A? Long-Term Issuer Default Rating for HCC Insurance Holdings, Inc. The outlook for all of Fitch?s ratings is Stable.
Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced an offering of up to $35.0 million aggregate principal amount of New York State Environmental Facilities Corporation Solid Waste Disposal Revenue Bonds Series 2020R-2 under an indenture between the Issuer and the bond trustee, dated as of September 1, 2020.
Blue Dot Capitals has announced the launch of a $30 million private debt offering to eligible investors of unsecured non-convertible debt. According to the 2022 UN Global Land Outlook report, upwards of 40% of the total land area on earth is degraded.
Alvotech (ALVO), a global biotech company specializing in the development and manufacture of biosimilar medicines for patients worldwide, today announced the completion of a private placement, in an overseas directed offering directed solely into Iceland to professional clients or eligible counterparties, of subordinated convertible bonds denominated in Icelandic krona and US dollar for a par value of...
Conifer Holdings, Inc. (CNFR) , announced today that it extended its offer to exchange its outstanding 6.75% Senior Unsecured Notes due 2023 for 9.75% Senior Unsecured Notes due 2028 to be issued by the Company.
Piedmont Office Realty Trust, Inc. (PDM), an owner of Class A office properties located primarily in major U.S. Sunbelt markets, announced today that its operating partnership, Piedmont Operating Partnership, LP, has completed the issuance of $400 million aggregate principal amount of 9.25% senior unsecured notes due 2028, rated BBB by S&P and Baa2 by Moody's. The net proceeds from the issuance will ...
Concentrix Corporation (CNXC), a leading global provider of customer experience solutions and technology, today announced that it priced a public offering of $800 million aggregate principal amount of 6.650% Senior Notes due 2026, $800 million aggregate principal amount of 6.600% Senior Notes due 2028 and $550 million aggregate principal amount of 6.850% Senior Notes due 2033.
Piedmont Office Realty Trust, Inc. (PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP, has priced an offering of $400 million aggregate principal amount of 9.250% senior unsecured notes due 2028 at 99.000% of the principal amount.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiary, Avis Budget Finance plc priced a private offering of ?400 million aggregate principal amount of 7.25% senior notes due 2030.
Kinross Gold Corporation?announced today that it has closed its previously announced offering of debt securities, consisting of US$500 million aggregate principal amount of 6.250% senior notes due 2033. As of the date of this news release, Kinross has not issued a notice of redemption in respect of the 2024 Notes.
Earthstone Energy, Inc. (ESTE), today announced that its subsidiary, Earthstone Energy Holdings, LLC, has priced the previously announced private offering of $500 million aggregate principal amount of 9.875% senior unsecured notes due 2031.
TSX, NYSE:STN Stantec (STN), a global leader in sustainable design and engineering, today announced the closing of its previously announced private placement offering of $250 million aggregate principal amount of senior unsecured notes due June 27, 2030. Stantec (STN) intends to use the net proceeds of the Offering to repay existing indebtedness and for general corporate purposes.
Earthstone Energy, Inc. (ESTE), today announced that its subsidiary, Earthstone Energy Holdings, LLC, has commenced, subject to market conditions, a private offering of $500 million aggregate principal amount of senior unsecured notes due 2031 to eligible purchasers.
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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