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.
Carnival said Friday it will voluntarily delist its 1.000% senior unsecured notes due 2029 from the New York Stock Exchange and its 7.875% debentures due 2027 from the London Stock Exchange, as part of its previously announced restructuring.
Bunge Global (BG) said late Tuesday its Bunge Limited Finance unit priced a public offering of $1.2 billion in senior unsecured notes. The notes comprise of $500 million in 4.8% senior notes due 2033 and $700 million in 5.150% senior notes due 2036.
Permian Resources (PR) on Tuesday received a credit rating upgrade from S&P Global Ratings, which raised its issuer credit rating from BB+ to BBB- and its unsecured debt rating from BB+ to BBB-. The credit rating firm said the stable outlook reflects expectations that Permian Resources (PR) will keep improving by reducing debt, maintaining conservative financial policies, and growing production in line w...
Infinity Natural Resources (INR) said Tuesday its unit intends to offer $500 million of senior notes due 2031 in a private placement, subject to market conditions. The unit plans to use the net proceeds to repay outstanding borrowings under its credit agreement alongside funding general corporate purposes, Infinity Natural Resources (INR) said. Shares of the company were up over 1% in Tuesday trading.
Exchange Income (EIFZF) on Friday announced the closing of its previously announced offering of $600 million aggregate principal amount in 4.324% senior unsecured notes due March 13, 2031. The company said that the notes were offered on a private placement basis in each of the Provinces of Canada in reliance on exemptions from the prospectus requirements under applicable securities laws.
Chemours (CC) said Thursday it has completed a private offering of $700 million of 7.875% senior unsecured notes due 2034. The company said net proceeds from the offering were used to fund the redemption of $188 million of its senior notes due 2028.
Health care stocks were falling premarket Thursday, with the State Street Health Care Select Sector SPDR ETF (XLV) down 0.5% and the iShares Biotechnology ETF 0.9% lower. Indivior shares were down nearly 6% after the company said it plans a $400 million private offering of convertible senior unsecured notes due March 15, 2031.
Health care stocks were falling premarket Thursday, with the State Street Health Care Select Sector SPDR ETF down 0.3% and the iShares Biotechnology ETF 0.9% lower. Indivior shares were down more than 6% after the company said it plans a $400 million private offering of convertible senior unsecured notes due March 15, 2031. MT Newswires does not provide investment advice.
Indivior Pharmaceuticals (INDV) said Thursday it plans a $400 million private offering of convertible senior unsecured notes due March 15, 2031. The company expects to grant the initial purchasers a 30-day option to buy up to an additional $60 million of the notes.
California Resources (CRC) said late Wednesday it priced an upsized private offering of $350 million of 7% senior unsecured notes due 2034. The offering is expected to be completed on March 23, subject to closing conditions, according to a statement. Net proceeds will be used to redeem $350 million of its 8.25% senior unsecured notes due 2029, the company said.
Baker Hughes (BKR) said late Wednesday it has issued $6.50 billion in debt consisting of five tranches of senior unsecured notes, including $500 million of 4.050% notes due 2029. The firm said it also issued 3 billion euros in debt consisting of four tranches of senior unsecured notes, including 600 million euros of 3.226% notes due 2030.
CFRA, an independent research provider, has provided MT Newswires with the following research alert. CRM announces its largest-ever bond sale, a $25B eight-part offering with maturities ranging from two to 40 years, marking the company's first U.S. investment-grade debt issuance since 2021. MT Newswires does not provide investment advice.
California Resources (CRC) said Wednesday it plans to offer $250 million of 7% senior unsecured notes due 2034, as an addition to the previously issued $400 million of existing notes under the same indenture. Net proceeds from the transaction will be combined with cash and revolving credit borrowings to redeem $250 million of 8.25% senior unsecured notes due 2029, California Resources (CRC) said.
Amazon.com (AMZN) is raising 14.5 billion euros in its first-ever offering in the euro bond market, the largest corporate bond ever sold in the currency, Bloomberg reported Wednesday, citing unnamed people familiar with the matter. The bonds have maturities between two to 38 years, Bloomberg reported. Amazon (AMZN) didn't immediately reply to a request for comment from MT Newswires.
Kodiak Gas Services (KGS) said Wednesday a subsidiary has launched a $750 million private offering of senior unsecured notes due 2031. The company said proceeds will be used to help redeem its 7.25% senior notes due 2029 at 103.625% of the $750 million principal amount. Price: 55.51, Change: -0.97, Percent Change: -1.72. MT Newswires does not provide investment advice.
Stellantis (STLA) said Wednesday it priced a multi-tranche offering of subordinated perpetual hybrid bonds. The offering comprises 2.2 billion euros, 1.8 billion euros, and 865 million British pounds of perpetual fixed-rate resettable capital securities. The company expects the offering to close Monday and to bolster its capital structure and liquidity position, it said.
Crispr Therapeutics (CRSP) said Tuesday that it plans to offer $350 million of its convertible senior unsecured notes due March 1, 2031 in a private offering. The company said it expects to grant the initial purchasers of the notes a 13-day option to buy up to an additional $52.5 million of the notes. The company said it plans to use the net proceeds for general corporate purposes.
Duke Energy (DUK) said Monday it intends to issue $1 billion of convertible senior notes maturing in 2029 via a private placement. The transaction grants initial buyers a 13-day option to purchase up to an additional $150 million of the securities, the company said.
Restaurant Brands International after trade Friday said New York Stock and Bond has made an unsolicited mini-tender offer to buy up to 100,000 shares, or about 0.03% of the company's shares, at US$43.60 per share. The offer price is about 34.9% below the US$66.99 closing price on Jan. 30, the company said, warning shareholders that the offer is "significantly" below the market price.
Restaurant Brands International said Friday that it is recommending that its shareholders reject New York Stock and Bond's unsolicited mini-tender offer. Restaurant Brands said it has been informed of a mini-tender offer made by New York Stock and Bond to buy up to 100,000 of its shares, or about 0.03% of its outstanding shares, at $43.60 per share.
Baker Hughes (BKR) said Thursday it has priced a $6.5 billion debt offering made up of five tranches of senior unsecured notes and a 3 billion euro debt offering that includes four tranches of senior unsecured notes.
Waste Connections (WCN) said late Thursday it priced an underwritten public offering of $600 million of its 4.800% senior notes due 2036. The notes were priced at 99.732% of their face value, according to the company. Waste Connections (WCN) anticipates to raise about $593 million in net proceeds from the offering, which is expected to close on March 16.
Waste Connections (WCN) on Thursday said that it plans to proceed, subject to market and other conditions, to offer senior notes in an underwritten public offering. The company further said that the notes will be senior unsecured obligations of the company.
Waste Connections (WCN) said Thursday it plans to launch an underwritten public offering of senior notes. The company said it intends to use the net proceeds from the offering, together with cash on hand, to repay a portion of the borrowings outstanding under its revolving credit facility. Price: 169.20, Change: -0.62, Percent Change: -0.37. MT Newswires does not provide investment advice.
BlackRock (BLK) said Thursday that it plans to add nine exchange-traded funds to its iShares iBonds lineup, extending the maturity range across US Treasuries, Treasury inflation-protected securities, investment-grade corporate debt, high-yield bonds and municipal securities.
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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