Badger Infrastructure Solutions (BDGIF) closed a private-placement offering of $300 million aggregate principal amount of 5.375% senior unsecured notes due May 14, 2031, the company said on Thursday. The company will use proceeds to repay indebtedness under its credit facilities, including its term facility.
Willis Lease Finance (WLFC) said Thursday it priced a $200 million public offering of 2.50% convertible senior notes due 2031, up from $175 million earlier. The company said it also plans to give underwriters a 30-day option to buy up to an additional $30 million in notes to cover over-allotments.
Advanced Energy Industries (AEIS) priced a private offering of $1 billion total principal amount of 0% convertible senior notes due 2031, the company said late Wednesday. The firm has provided a 13-day option to the initial purchasers to acquire up to an additional $150 million total principal amount of the notes, it said. The offering is expected to close on Monday, according to the company.
Wells Fargo (WFC) is marketing investment-grade bonds in as many as three parts, with maturities between three and six years, Bloomberg reported Wednesday, citing a person familiar with the matter. The longest-maturity bond is being offered with a spread of about 1 percentage point above US Treasuries, the report said, adding proceeds are for general corporate purposes.
Wells Fargo (WFC) is marketing investment-grade bonds in as many as three parts, with maturities between three and six years, Bloomberg reported Wednesday, citing an unnamed source. The longest-tenored bond is being offered with a spread of about 1 percentage point above US Treasuries, the report said, adding proceeds from the bonds are for general corporate purposes.
Advanced Energy Industries (AEIS) plans a $1 billion private offering of convertible senior unsecured notes due May 15, 2031, the company said Wednesday. Advanced Energy expects to grant initial purchasers an option to buy up to an additional $150 million of the notes. The company plans to use part of the net proceeds to fund certain capped call transactions, among other things.
Algonquin Power & Utilities (AQNB) said Tuesday its Liberty Utilities unit priced a sale of $1.15 billion in senior unsecured notes consisting of $650 million in 5.1% notes due 2031 and $500 million in 5.65% notes due 2036. The company will use the capital to repay intercompany loans, enabling the parent firm to refinance $1.15 billion of debt due in 2026, it said.
Mirum Pharmaceuticals (MIRM) priced a private offering of $600 million of 0% convertible senior notes due June 1, 2032, for about $583.8 million in expected net proceeds, the company said late Tuesday. Initial purchasers have an option to buy up to an additional $90 million of notes.
Rithm Capital (RITM) has priced an offering of $500 million of 8.5% senior unsecured notes due 2031, the company said late Tuesday. The offering is expected to be completed Thursday, and net proceeds will be used for general corporate purposes, the company said. MT Newswires does not provide investment advice.
Iren (IREN) has priced a $2.6 billion private offering of 1% convertible senior notes due Dec. 1, 2033, upsized from a previously planned $2 billion, the company said Tuesday. Initial purchasers have an option to buy up to an additional $400 million of notes.
Eni has successfully placed $3 billion of new fixed-rate bonds in two tranches with 10-year and 30-year maturities, the company said late Monday. The offering includes $1.5 billion of 5.250% notes due May 2036, priced at 99.172%, and $1.5 billion of 6.000% notes due May 2056, priced at 98.105%, Eni said.
Par Pacific's Par Petroleum subsidiary priced a $500 million privately-placed offering of 7.375% senior unsecured notes at face value, the parent company said late Monday. Net proceedings from the offering, expected to close on Thursday, are expected to be used to pay down other debt, the company said. Shares of the company were up 1.1% in Tuesday's premarket trading.
Par Pacific (PARR) said Monday its Par Petroleum unit plans to offer $500 million of senior unsecured notes due 2034 in a private placement. The company said Par Pacific (PARR) and certain subsidiaries are expected to guarantee the notes on a senior unsecured basis.
Alphabet on Monday filed a preliminary prospectus supplement with the SEC for a multi-tranche yen-denominated bond offering targeting qualified institutional investors in Japan. The offering consists of five series of notes with varying maturities and interest rates, with all payments to be made in Japanese yen, as per the SEC filing.
Rithm Capital (RITM) said Monday it plans to raise $500 million through a proposed offering of senior unsecured notes due 2031. Proceeds from the offering are expected to be used for general corporate purposes, including the potential repayment of existing debt, the company said. MT Newswires does not provide investment advice.
Iren (IREN) said Monday it plans to issue $2 billion of convertible senior notes due 2033 in a private offering. The company said it also expects to grant initial purchasers an option to buy up to an additional $300 million of notes within 13 days of issuance. The company said it plans to use part of the proceeds to fund capped call transactions designed to reduce dilution from potential conversions.
Parex Resources (PARXF) will issue US$500 million aggregate principal amount of senior unsecured notes due 2031 in a private placement offering, it said Thursday. The notes were priced at par and will bear interest at a rate of 8.50% per annum and mature on May 11, 2031.
Kraft Heinz's Kraft Heinz Foods unit is planning to offer 1 billion euros in notes, tapping Europe's bond market to raise funds for dollar notes' buybacks, Bloomberg reported Thursday, citing a source familiar with the matter. The company plans to offer an equal amount of five-year and eight-year notes under the offering and pricing is expected late Thursday, according to the report.
Travere Therapeutics (TVTX) has priced a $475 million offering of 0.50% convertible senior unsecured notes due May 15, 2032, upsized from a previously planned $400 million, the company said late Wednesday. Underwriters have a 30-day overallotment option to purchase up to an additional $50 million of the notes.
Eli Lilly (LLY) is looking to raise about $8 billion from an investment-grade bond sale to fund an acquisition spree, Bloomberg reported Wednesday, citing people with direct knowledge of the matter. The company is offering notes in as many as eight tranches, with maturities ranging from two to 40 years, according to the report.
Eli Lilly (LLY) is looking to raise about $8 billion from an investment-grade bond sale to fund an acquisition spree, Bloomberg reported Wednesday, citing people with direct knowledge of the matter. The company is offering notes in as many as eight tranches, with maturities ranging from two to 40 years, according to the report.
Alphabet has returned to the euro debt market with a new multi-tranche bond offering as it ramps up funding for artificial intelligence infrastructure, Bloomberg reported Monday, citing a person familiar with the matter.
Automatic Data Processing (ADP) has priced a public offering of $1 billion of its 5% senior notes due 2036, the company said late Monday. The offering is expected to close by Thursday, with the proceeds earmarked for general corporate purposes, the company said. MT Newswires does not provide investment advice.
Delek Logistics Partners LP (DKL) said Monday it launched a tender offer for its 7.125% senior notes due 2028 and plans to issue $800 million of senior notes due 2034 to fund the transaction and refinance debt. The company said it is offering to purchase any and all of the 2028 notes at $1,001.35 per $1,000 principal amount, plus accrued and unpaid interest.
Healthcare Realty Trust (HR) said Monday its operating partnership Healthcare Realty Holdings plans to issue $500 million of exchangeable senior notes due 2032 in a private offering to institutional investors, with an option to add another $75 million.
CBRE Group (CBRE) said late Monday it priced a $750 million offering of 5.25% senior notes due in 2036 priced at 98.947% of its principal value. A corporate unit will issue the bonds with a full financial guarantee from the parent organization ahead of an expected May 4 settlement, subject to customary closing conditions, CBRE Group (CBRE) said.
Sanofi (SNY) priced its 2.3 billion euro offering of notes under its Euro Medium Term Note program. The deal includes 1 billion euros in notes due May 2029 with a 3% coupon, 650 million euros in notes due May 2033 at 3.375%, and 650 million euros in notes due May 2037 at 3.75%, the company said Friday in a statement. Sanofi (SNY) plans to use the net proceeds for general corporate purposes.
Kaspi.kz said Friday it has issued $600 million of 5.9% senior unsecured notes due 2031. The five-year offering was oversubscribed by 3.5 times, attracting about 130 institutional investors, the company said. Proceeds from the transaction will be used for general corporate purposes and will further strengthen liquidity, Kaspi.kz said.
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.
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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