Kosmos Energy (KOS) said Friday it has priced $350 million of 11.25% senior secured bonds due 2031 in the Nordic market. Net proceeds will be used to finance the tender offer for up to $250 million of its 7.75% senior notes due 2027, to repay debt, and for general corporate purposes, the firm said. MT Newswires does not provide investment advice.
EverGen Infrastructure (EVGIF) late Thursday announced the closing of its previously announced $13 million asset-level debt facility with Farm Credit Canada through its wholly owned subsidiary Fraser Valley Biogas, the repayment of the majority of the company's corporate debt facility, and the closing of the second tranche of its previously announced non-brokered private placement for gross proceeds of...
Caledonia Mining (CMCL) said late Wednesday it priced a $125 million private placement of 5.875% convertible senior unsecured notes due Jan. 15, 2033, upsized from a previously planned $100 million. Initial purchasers have an option to purchase up to an additional $25 million of the notes.
Antero Resources (AR) said late Tuesday it priced an offering of $750 million of 5.4% senior unsecured notes due in 2036 at 99.869% of the principal amount. The company expects to receive approximately $743 million in net proceeds after accounting for expenses and underwriter discounts, it said.
Charter Communications (CHTR) reported late Tuesday the closing of $3.0 billion of senior unsecured notes. The notes comprised of a $1.75 billion of 7.0% senior notes due 2033 and $1.25 billion of 7.375% senior notes due 2036, it said. MT Newswires does not provide investment advice.
Burford Capital (BUR) priced its upsized $500 million private offering of 8.5% senior secured notes due 2034, issued by its Burford Capital Global Finance subsidiary. Proceeds will be used to redeem Burford Capital PLC's 5% notes due 2026 and for general corporate purposes, the company said Tuesday in a statement. The offering, initially announced at $450 million, is expected to close Thursday.
GFL Environmental (GFL) on Tuesday said it is planning to start a private offering of US$1 billion of senior notes due 2034. The company said the notes will be issued by its wholly owned U.S. unit and will be guaranteed by GFL and certain of its other units.
Eni said orders for its perpetual hybrid subordinated bond topped 6 billion euros from institutional investors mainly in the UK, Germany, France and Italy. The 1-billion-euro bond will be issued with a re-offer price of 99.342% and an annual coupon of 4.125% until the first reset date on April 19, 2032, the company said Monday in a statement.
Burford Capital (BUR) said Monday it plans a private offering of $450 million of senior notes due 2034. Net proceeds will be used to redeem the company's 5% bonds due 2026 and for general corporate purposes, according to a statement. Price: 9.48, Change: +0.04, Percent Change: +0.42. MT Newswires does not provide investment advice.
Belden said Monday that it plans to offer 450 million euros of senior subordinated notes due 2033 via a private offering. Belden said it intends to use net proceeds from the debt offering along with cash on hand to fund the redemption of its 3.375% senior subordinated notes due 2027. MT Newswires does not provide investment advice.
Clearway Energy (CWEN/A) unit Clearway Energy Operating said late Thursday it priced an offering of $600 million in aggregate principal amount of 5.750% senior unsecured notes due 2034 at a purchase price of 100% of face value. The size of the offering was increased to $600 million from $500 million. The notes will mature on Jan. 15, 2034, and the offering is set to close on Jan. 13, 2026.
Installed Building Products (IBP) priced $500 million of 5.625% senior unsecured notes due 2034. Net proceeds will be used to fund the conditional redemption in full of 5.75% senior unsecured notes due 2028, to pay redemption and offering-related expenses, and for general corporate purposes, the company said Wednesday in a statement. MT Newswires does not provide investment advice.
Charter Communications (CHTR) said late Tuesday its CCO Holdings and CCO Holdings Capital units priced a $3 billion senior unsecured notes offering at par. The offering comprises $1.75 billion of 7% notes due 2033 and $1.25 billion of 7.375% notes due 2036. The company expects the offering to close Jan. 13 and plans to use the net proceeds for general corporate purposes.
Adamas Trust (ADAM) reported late Tuesday the pricing of $90 million of its 9.250% senior notes due 2031 in a public offering. Underwriters will be given a 30-day option to buy an additional $13.5 million of the notes to cover over-allotments.
Charter Communications (CHTR) said Tuesday that its CCO Holdings and CCO Holdings Capital subsidiaries plan to offer senior unsecured notes to qualified institutional buyers. The companies will use the proceeds for general corporate purposes, including notes redemption and debt repayment, Charter Communications (CHTR) said.
Rogers Sugar (RSGUF) after trade Monday announced a public offering of $50 million in convertible unsecured subordinated debentures, each priced at $1,000. Monday's statement noted the underwriters have an option to purchase up to an additional $7.5 million of debentures, which would increase total gross proceeds to $57.5 million if fully exercised.
Arbe Robotics (ARBE) said Tuesday it completed a $15.7 million private placement, via a follow-on offering as an expansion of the company's Series A convertible bonds. The company said that in June 2024 it announced the issuance of about $30 million in Series A convertible bonds, and in January 2025, $21.5 million of that amount was released from escrow after the conversion of the bonds to shares.
Moody's Moody's Ratings said Monday it placed Janus Henderson Group's Baa2 long-term issuer rating and Janus Henderson US' Baa2 backed senior unsecured debt ratings on a review for downgrade status following the $7.4 billion acquisition offer of Trian Fund Management and General Catalyst. Previous outlooks on Janus Henderson (JHG) were positive, according to the ratings agency.
MDA Space (MDALF) after trade on Tuesday said it closed a private placement offering. The company said it raised C$250 million through the issuance of 7.00% senior unsecured notes due 2030. Proceeds were used to refinance its existing debt under its credit facility, it added. The company's shares closed up $0.01 to $27.00 on the Toronto Stock Exchange. MT Newswires does not provide investment advice.
Alvotech (ALVO) said Wednesday that it has placed a $108 million offering of senior unsecured convertible bonds due 2030. The offering, which was oversubscribed, will be used to finance research and development, expected to be around $250 million in 2026, the company said. The bonds carry a coupon of 6.875% with an initial conversion price of $5.9224 per share, the company said.
Willis Towers Watson (WTW) said late Monday its Willis North America unit priced a $1 billion debt offering, consisting of $700 million of 4.55% senior unsecured notes due 2031 and $300 million of 5.15% senior unsecured notes due 2036.
Zoetis (ZTS) said Tuesday it priced a private offering of $1.75 billion principal amount of 0.25% convertible senior notes due 2029. The underwriters were granted a 13-day option to purchase up to $250 million additional amount of notes. The notes will be convertible at an initial rate of $148.20 per share.
S&P Global Ratings on Monday revised its outlook on freight railroad services provider Canadian Pacific Kansas City (CP) to positive from stable, citing company's "resilient operating performance and integration of KCS". The agency also affirmed all its ratings on CPKC and related subsidiaries, including its 'BBB+' issuer credit rating on the company.
Prospera Energy (GXRFF) over the weekend said it raised $3.6 million after closing its previously announced convertible debt offering. The company said proceeds were allocated "exclusively" toward strengthening working capital, well reactivations, and production optimization.
Surgery Partners (SGRY) said late Thursday its Surgery Center subsidiary priced a private offering of $425 million of 7.25% senior unsecured notes due 2032. The company expects the offering to close Tuesday and plans to use the net proceeds for general corporate purposes. MT Newswires does not provide investment advice.
WSFS Financial (WSFS) said late Thursday it closed a public offering of $200 million of 5.375% fixed-to-floating rate senior unsecured notes due 2035. From Dec. 15, 2030, the rate will reset quarterly at an annual floating rate equal to the three-month term secured overnight financing rate, plus 189 basis points, the company said.
Surgery Partners (SGRY) said Thursday its Surgery Center unit plans to offer an additional $425 million in 7.250% senior unsecured notes due 2032. The company said the notes will be guaranteed on a senior unsecured basis by each domestic wholly owned unit that backs its senior secured credit facilities.
Eni said Thursday its board approved a potential issuance of up to 1 billion euros worth of hybrid subordinated bonds. The bonds may be issued in one or more tranches by June 30, 2027, the energy company said. Eni plans to use the proceeds for general corporate purposes. MT Newswires does not provide investment advice.
KP Tissue (KPTSF) on Wednesday said Kruger Products Inc closed an offering of senior unsecured notes. The company said that KPI issued C$165 million principal amount of 6.250% senior unsecured notes due Dec.10, 2032 by way of private placement.
Canacol Energy (CNNEQ) said Wednesday that it has signed an agreement with a group of its 5.75% senior unsecured notes holders for debtor-in-possession financing. The financing, which is comprised of a US$45 million delayed-draw new-money term loan, also carries the option to increase it by up to $22 million in letters of credit to renew and/or replace certain existing letters of credit.
Antero Midstream (AM) said late Tuesday it priced an upsized private placement of $600 million in 5.75% senior unsecured notes due 2034. The company expects net proceeds of about $593 million. It plans to use the proceeds, along with other borrowings and disposal, to fund the acquisition of HG Energy II Midstream. The offering is expected to close on Dec. 23.
WSFS Financial (WSFS) said late Tuesday it has priced an underwritten public offering of $200 million of its fixed-to-floating rate senior unsecured notes due 2035. Net proceeds will be used to repay $150 million of its fixed-to-floating rate senior unsecured notes due 2030, and for general corporate purposes, the company said. The offering is expected to close Dec. 11, it added.
Antero Midstream (AM) said Tuesday it plans to sell $500 million of senior unsecured notes due 2034 in a private placement to eligible investors. The company said it plans to use the proceeds, together with borrowings under Antero Midstream Partners LP's revolving credit facility and cash from the sale of its Utica Shale midstream assets, to fund the purchase of HG Energy II Midstream Holdings.
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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