ION Geophysical Corporation (IO) today announced that the Company has secured more than $20 million in backstop support for its rights offering. The Company will seek to obtain additional backstop support in connection with the rights offering until the maximum amount is secured or the record date is reached.
Beyond Meat, Inc. (BYND) today announced the pricing of its offering of $1,000,000,000 aggregate principal amount of 0% convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended. The notes will be senior, unsecured obligations of Beyond Meat.
Clearway Energy Operating LLC?, a subsidiary of?Clearway Energy (CWEN/A), Inc.?, has priced its offering of?$925 million?in aggregate principal amount of 3.750% senior notes due 2031 at a price to the public of?100% of their face value. The New Notes will mature on?February 15, 2031.
Clearway Energy Operating LLC, a subsidiary of Clearway Energy, Inc. (CWEN/A), intends to commence an offering of $925 million in aggregate principal amount of senior notes due 2031.
Fairfax Financial Holdings Limited (FRFHF) announces that it has priced a private offering of US$600,000,000 of Fairfax?s Senior Notes due 2031 at an issue price of 99.865%. The Notes will be unsecured obligations of Fairfax and will pay a fixed rate of interest of 3.375% per annum.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it has priced $575 million aggregate principal amount of its 5.875% Senior Notes due 2026, which were offered in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Beyond Meat, Inc. (BYND) today announced its intention to offer, subject to market and other conditions, $750,000,000 aggregate principal amount of convertible senior notes due 2027 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Successfully Refinanced Revolving Credit Facility ??????Issued $1.11 Billion of Senior Unsecured Notes; Refinancing Existing Debt at Lower Cost LITTLE ROCK, Ark., March 01, 2021 -- ?Uniti Group Inc. (UNIT) today announced its preliminary results for the fourth quarter and full year 2020. ?Our fiber and leasing businesses performed exceptionally well last year and are well positioned going into 2021.
Compass Diversified (CODI), a Delaware statutory trust and the sole owner of 100% of the trust interests in Compass Group Diversified Holdings, LLC, and the Company announced today that the Company intends, subject to market and other conditions, to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering.
NCL Corporation Ltd., a subsidiary of Norwegian Cruise Line Holdings Ltd. (NCLH), announced today that it is proposing to sell $550 million aggregate principal amount of its 5.875% Senior Notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Fortinet, Inc. (FTNT) announced today that it has priced its underwritten, registered public offering of $1.0 billion aggregate principal amount of senior notes, consisting of $500.0 million aggregate principal amount 1.000% notes due 2026 and $500.0 million aggregate principal amount of 2.200% notes due 2031.
TTM Technologies, Inc. (TTMI) announced today that it has priced $500 million in aggregate principal amount of its 4.000% senior notes due 2029 in a private offering exempt from registration under the Securities Act of 1933, as amended.
Post Holdings, Inc. (POST) today announced it intends to commence a private offering to eligible purchasers, subject to market and other conditions, of $1,800.0 million in aggregate principal amount of senior notes due 2031.
TopBuild Corp. (BLD) , a leading installer and distributor of insulation and building material products in the United States, is commencing a private offering of $400 million aggregate principal amount of senior unsecured notes due 2029.
?Interpublic Group today announced that it has priced a registered public offering of $500 million aggregate principal amount of its 2.400% Senior Notes due 2031 and $500 million aggregate principal amount of its 3.375% Senior Notes due 2041.
ION Geophysical Corporation (IO) today announced that, during a special meeting held earlier today, the Company?s shareholders voted to approve all three proposals submitted in its January 22nd Proxy.
Glancy Prongay & Murray LLP announces that the United States District Court for the District of Delaware has approved the following announcement of a proposed class action settlement that would benefit purchasers of securities of Horsehead Holding Corp. Horsehead securities include common stock; 3.8% convertible senior notes; 10.50% senior secured notes; and 9% senior unsecured notes.
C-Bond BRS, independently validated to provide National Institute of Justice Level I, Level IIA, Level II, and Underwriters Laboratories 752 ballistic-resistant protection, has been installed by multiple major news organizations C-Bond Systems (CBNT), a nanotechnology solutions company, today announced that a major news network has placed an additional order for C-Bond BRS for its New York office loca...
TTM Technologies, Inc. (TTMI) announced today that it intends to offer, subject to market and other customary conditions, $500 million in aggregate principal amount of senior notes due 2029 in a private offering exempt from registration under the Securities Act of 1933, as amended.
Ortho Clinical Diagnostics Holdings plc (OCDX), one of the world's largest pure-play in vitro diagnostics companies, today announced that S&P Global upgraded Ortho?s issuer credit rating to ?B? from ?B-? and Moody?s investment Services upgraded Ortho?s Corporate Family Rating to ?B1? from ?B3. Both S&P and Moody?s also upgraded select issue-level ratings and provided a stable outlook for Ortho.
Avis Budget Group, Inc. (CAR) announced today that its wholly-owned subsidiaries, Avis Budget Car Rental, LLC and Avis Budget Finance, Inc. priced an offering of $600 million aggregate principal amount of 5.375% senior notes due 2029 in a private offering.
Crescent Capital BDC, Inc. (CCAP) announced today that it has agreed to issue $135 million in aggregate principal amount of 4.00% senior unsecured notes due 2026 by entering into a first supplement to its Note Purchase Agreement dated July 30, 2020.
Constellium SE (CSTM) today announced that the Company has priced a private offering of $500 million of U.S. dollar denominated sustainability-linked senior unsecured notes due 2029. The Sustainability-Linked Notes will bear interest at a rate of 3.75% per annum, subject to adjustments described below, payable semi-annually in arrears.
Dime Community Bancshares, Inc. (DCOM), the parent company of Dime Community Bank, announced that Fitch Ratings, in a report dated February 5, 2021, affirmed its investment grade ratings for the Company and the Bank. According to the Fitch report, the Company has, to date, performed reasonably well while simultaneously managing the challenges of the coronavirus and its merger of equals transaction.
Constellium SE (CSTM) announced today the commencement of a proposed private offering of approximately $500 million of U.S. dollar denominated sustainability-linked senior unsecured notes due 2029, subject to market and other conditions.
Crown Castle International Corp. (CCI) announced today that it has priced its previously announced public offering of 1.050% Senior Notes due 2026, 2.100% Senior Notes due 2031, and 2.900% Senior Notes due 2041, in aggregate principal amounts of $1.0 billion, $1.0 billion and $1.25 billion, respectively.
Crown Castle International Corp. (CCI) announced today that it is commencing a public offering of one or more series of senior notes, subject to market and other conditions. Barclays, BofA Securities, Inc., Citigroup, MUFG, and RBC Capital Markets are the joint book-running managers of the offering.
Freddie Mac (FMCC) recently priced a new offering of credit risk transfer securities backed by Tax-Exempt Loans made by state or local housing agencies and secured by affordable rental housing. The company expects to guarantee approximately $369 million in fixed- and floating rate ML Certificates that are supported by pools of fixed- and floating rate TELs.
SmileDirectClub, Inc. (SDC) today announced the pricing of its offering of $650,000,000 aggregate principal amount of 0.00% convertible senior notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act.
SmileDirectClub, Inc. (SDC) today announced its intention to offer, subject to market and other conditions, $350,000,000 aggregate principal amount of convertible senior notes due 2026 in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Secu...
Mitek Systems, Inc. (MITK) announced today the pricing of its private offering of $135,000,000 aggregate principal amount of 0.750% Convertible Senior Notes due 2026 in a private offering.
Grupo Cementos de Chihuahua, S.A.B. de C.V., or GCC, a leading producer of cement and concrete in the United States and Mexico, today announced that Fitch Ratings has raised the Company's local and foreign currency Issuer Default Ratings to 'BBB-' from 'BB+'.
Full House Resorts, Inc. (FLL) today announced that it intends, subject to market and other conditions, to offer $300?million in aggregate principal amount of senior secured notes due 2028 in a private debt offering that is exempt from the registration requirements of the Securities Act of 1933, as amended.
Mitek Systems, Inc. (MITK) announced today that, subject to market and other conditions, it intends to offer $125,000,000 aggregate principal amount of Convertible Senior Notes due 2026 in a private offering.
Lille, France; Cambridge, MA; January 27, 2021 - GENFIT, a late-stage biopharmaceutical company dedicated to improving the lives of patients with metabolic and liver diseases, today announced that technical corrections were made to the voting results of the holders of the convertible bonds issued by the Company on October 16, 2017 at the Bondholders Meeting which took place on January 25, 2021.
?DBRS raises the ratings on Stellantis N.V. Stellantis N.V. announced today that, DBRS Limited has upgraded from ?BBB? to ?BBB? the Issuer Rating and Senior Unsecured Debt rating of Stellantis N.V. The trend on all ratings is stable.
Mercer International Inc. (MERC) today announced that it has completed its previously announced private offering of $875.0 million aggregate principal amount of 5.125% senior notes due February 1, 2029. The 2029 Notes were issued at a price of 100.000% of their principal amount.
BridgeBio Pharma, Inc.? announced today the pricing of $650 million aggregate principal amount of 2.25% convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
AMC Networks Inc. (AMCX) today announced that it has priced a public offering of $1 billion in aggregate principal amount of 4.25% Senior Notes due 2029.
BridgeBio Pharma, Inc.? announced today that it intends to offer, subject to market conditions and other factors, $400 million aggregate principal amount of convertible senior notes due 2029 in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Murphy USA Inc. (MUSA) announced today that it has priced its previously announced private offering of $500 million aggregate principal amount of senior notes due 2031 by its wholly owned subsidiary, Murphy Oil USA, Inc. The Notes will be guaranteed on a senior unsecured basis by Murphy USA (MUSA) and by certain of Murphy USA?s domestic subsidiaries.
Westamerica Bancorporation, parent company of Westamerica Bank, generated net income for the fourth quarter 2020 of $23.8 million and diluted earnings per common share of $0.89. Fourth quarter 2020 results include a gain on sale of a closed branch building, make-whole interest income on corporate bonds redeemed prior to maturity, and a customary adjustment to the tax provision for the filed 201...
In a release issued under the same headline earlier today?by?Uniti Group Inc. (UNIT) please note that at the end of the first paragraph of the release, the year should read 2021, not 2020 as previously stated.?The corrected release follows: Uniti Group Inc. (UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Group Finance 2019 Inc. and CSL Capital, LLC, have priced their offering of $1,110 mi...
Uniti Group Inc. (UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Group Finance 2019 Inc. and CSL Capital, LLC, have priced their offering of $1,110 million aggregate principal amount of 6.50% senior notes due 2029, which represents an increase of $360 million from the previously announced offering size of $750 million.
Targa Resources Partners LP, a subsidiary of Targa Resources Corp. (TRGP), and the Partnership?s subsidiary Targa Resources Partners Finance Corporation announced today the pricing of an upsized offering of $1.0 billion in aggregate principal amount of senior unsecured notes due 2032. The offering is expected to close on February 2, 2021, subject to customary closing conditions.
Mercer International Inc. (MERC) today announced the upsizing and pricing of its private offering of $875 million in aggregate principal amount of 5.125% senior notes due February 1, 2029. The 2029 Notes are being issued at a price of 100% of their principal amount.
American Assets Trust, Inc. (AAT) today announced that its operating partnership, American Assets Trust (AAT), L.P., has priced a public offering of $500 million aggregate principal amount of 3.375% senior notes due 2031.
Global Ship Lease, Inc. (GSLD), a leading independent owner of containerships, announced today that its Corporate Family Rating has been upgraded to B2 / Positive from B3 / Positive by Moody?s Investor Service.
Duke Realty Corporation (DRE), a leading industrial property REIT, announced today that its operating partnership, Duke Realty Limited Partnership, has priced an underwritten public offering of $450 million of its 1.75% senior unsecured notes due February 1, 2031.
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.
Publication Date