News by subject: Bond Issue

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS (INCLUDING PUERTO RICO, THE U.S. VIRGIN ISLANDS, GUAM, AMERICAN SAMOA, WAKE ISLAND AND THE...

Culp, Inc. (together with its consolidated subsidiaries, "CULP") today announced that, based on current estimates, the company is lowering its expectations for net sales and income (loss) from operations for the fourth quarter of fiscal 2022 due...

Assured Guaranty Municipal Corp. (AGM)* announced that it has insured all $608.3 million of tax-exempt Green Transmission Project Revenue Bonds (Green Bonds) issued by the Power Authority of the State of New York (NYPA) on April 21. The Green Bonds...

Carvana Co. , the leading e-commerce platform for buying and selling used cars, today announced it is planning to offer, subject to market conditions and other factors, $2.275 billion in aggregate principal amount of Senior Unsecured Notes due 2030...

Arcos Dorados Holdings Inc. ("Arcos Dorados" or the "Company") today announced the tender results in connection with its offer to purchase for cash any and all of its outstanding 6.625% Notes due 2023 (the "2023 Notes"). The 2023 Notes Tender Offer...

HF Sinclair Corporation (the "Company" or "HF Sinclair") and HollyFrontier Corporation ("HFC") announced today the expiration and final results of its previously announced (i) offers to exchange (collectively, the "Exchange Offers") any and all...

Arcos Dorados Holdings Inc. ("Arcos Dorados" or the "Company") today announced the pricing of U.S.$350,000,000 aggregate principal amount of 6.125% Sustainability-Linked Senior Notes due 2029 (the "New Notes") to be issued by its subsidiary Arcos...

Hilton Grand Vacations Inc. announces today the completion of a $246 million securitization of legacy Diamond vacation ownership loans through Hilton Grand Vacations Trust 2022-1D ("the Trust"). Four classes of Notes were issued by the Trust,...

Northern States Power Company, a Minnesota corporation, announced today that it has submitted a redemption notice to The Depository Trust Company, as registered holder, to redeem all of its outstanding 2.15% First Mortgage Bonds, Series due August...

TechnipFMC plc (the "Company") announced today that it has commenced a tender offer (the "Tender Offer"), subject to certain terms and conditions, for up to $320 million aggregate principal amount (the "Maximum Tender Amount") of its 6.500% Senior...

Phillips 66 announced today that, in connection with the previously announced offers to exchange (collectively, the "Exchange Offers") any and all validly tendered (and not validly withdrawn) and accepted notes of the seven series of notes described...

Sealed Air Corporation ("Sealed Air") today announced the pricing of its previously announced offer to purchase for cash (the "Tender Offer") any and all of its outstanding 5.25% Senior Notes due 2023 (the "2023 Notes"). The Tender Offer has been...

Sealed Air Corporation ("Sealed Air" or the "Company") today announced the closing of its previously announced offering of $425 million aggregate principal amount of 5.000% senior notes due 2029 (the "Notes"). The Notes were sold to investors at...

Excelerate Energy, Inc. ("Excelerate" or the "Company") today announced that the Company and Excelerate Energy Limited Partnership (the "Borrower") have entered into a senior secured revolving credit facility (the "Facility"). The Facility enables...

Kin Insurance today announced that the Kin Interinsurance Network, its reciprocal insurance carrier, has successfully closed a $175 million private placement catastrophe bond transaction. Kin entered into a multi-year reinsurance arrangement with...

Arcos Dorados Holdings Inc. ("Arcos Dorados" or the "Company") today announced that its subsidiary Arcos Dorados B.V. (the "Issuer") intends to offer senior unsecured notes (the "Notes") in a private placement to qualified institutional buyers in...

Arcos Dorados Holdings Inc. ("Arcos Dorados" or the "Company") today announced the commencement of an offer to purchase for cash (1) any and all of its outstanding 6.625% Notes due 2023 (the "2023 Notes") (the "2023 Notes Tender Offer"); and (2) up...

Martin Midstream Partners L.P. ("MMLP" or the "Partnership") today announced the expiration and results of its previously announced cash tender offer (the "Excess Cash Flow Offer") to purchase up to $9,305,000 aggregate principal amount (the "Excess...

U.S. Bank National Association today announced the redemption on April 22, 2022, of all its outstanding 2.650% Fixed Rate Senior Notes due May 23, 2022 (CUSIP No. 90331HPC1) and Floating Rate Senior Notes due May 23, 2022 (CUSIP No. 90331HPD9). The...

HempFusion Wellness Inc. ("HempFusion" or the "Company"), a leading health and wellness company offering premium probiotic supplements and products containing CBD, announces that it intends to amend the terms of its previously announced brokered...

Elanco Animal Health Incorporated ("Elanco") today announced that as of 5:00 p.m., New York City time, on April 11, 2022 (the "Early Tender Time"), holders of approximately $406,391,000 aggregate principal amount, or approximately 54.19% of the...

Contango ORE, Inc. ("Contango," "CORE" or the "Company") announced today that it had entered into a binding agreement to issue a $20,000,000 unsecured convertible debenture to Queen's Road Capital Investment, Ltd. ("QRC"). The debenture will be...

PT Freeport Indonesia ("PT-FI" or the "Company") announced today that it has priced an offering (the "Notes Offering") of $3.0 billion of senior notes (collectively, the "Notes"). Following is a summary of the three tranches of debt: Description...

Hannon Armstrong Sustainable Infrastructure Capital, Inc. ("Hannon Armstrong" or the "Company") , a leading investor in climate solutions, today announced, subject to market conditions, a private offering of $200 million in aggregate initial...

Holly Energy Partners, L.P. (the "Partnership" or "HEP") announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partnership, the "Issuers"), have finalized the terms of their previously announced...

American International Group, Inc. today announced the pricing terms for each series of the Fixed Spread Notes included in its previously announced tender offers (the "Offers") to purchase outstanding notes of the series listed in the table below...

Phillips 66 announced today the commencement of offers to exchange (collectively, the "Exchange Offers") any and all validly tendered (and not validly withdrawn) and accepted notes of the seven series of notes described in the table below...

Sinclair Broadcast Group, Inc. ("Sinclair" or the "Company") announced that its wholly-owned subsidiary, Sinclair Television Group, Inc. ("STG"), has notified the trustee ("Trustee") for its 5.875% Senior Notes due 2026 (CUSIP No. 829259AU4 /...

Holly Energy Partners, L.P. (the "Partnership") announced today that it and its wholly owned subsidiary, Holly Energy Finance Corp. (together with the Partnership, the "Issuers"), subject to market conditions, intend to offer $400 million in...

Entegris, Inc. ("Entegris") today announced that its wholly-owned subsidiary, Entegris Escrow Corporation (the "Escrow Issuer") priced its previously announced private offering of $1,600,000,000 aggregate principal amount of 4.750% senior secured...

Hess Midstream Operations LP (the "Issuer"), a consolidated subsidiary of Hess Midstream LP ("HESM" and, together with the Issuer, "Hess Midstream"), today announced that it has priced $400 million in aggregate principal amount of 5.500% senior...

Sealed Air Corporation ("Sealed Air" or the "Company") today announced that it commenced an offering of senior notes due 2029 (the "Notes"). The Notes will be jointly and severally, and irrevocably and unconditionally, guaranteed on a senior...

Hess Midstream Operations LP (the "Issuer"), a consolidated subsidiary of Hess Midstream LP ("HESM" and, together with the Issuer, "Hess Midstream"), today announced that it intends to offer $400 million in aggregate principal amount of senior...

PT Freeport Indonesia ("PT-FI" or the "Company") announced today that it intends to offer one or more series of U.S. Dollar denominated senior notes (the "Notes"), subject to market and other conditions (the "Notes Offering"). PT-FI intends to use...

Entegris, Inc. ("Entegris") today announced that its wholly-owned subsidiary, Entegris Escrow Corporation (the "Escrow Issuer"), intends to offer senior secured notes due 2029, in each case subject to market and customary conditions. Entegris...

American International Group, Inc. today announced that it has commenced 23 separate offers (each, an "Offer" and collectively, the "Offers") to purchase outstanding notes of the series listed in the table below (collectively, the "Notes") for cash...

Elanco Animal Health Incorporated ("Elanco") today announced the commencement of a cash tender offer (the "Offer") for up to $250 million aggregate principal amount of its 4.272% Senior Notes due 2023 (CUSIP No. 28414HAE3) (the "Notes"), upon the...

American International Group, Inc. today announced that its majority-owned subsidiary, Corebridge Financial, Inc., intends to offer senior unsecured notes (the "Notes") in connection with the previously announced separation of AIG's Life &...

GAMCO Investors, Inc. ("GAMCO") announced today that it commenced a tender offer (the "Offer") to purchase for cash up to $10 million aggregate principal amount of its 2-Year Puttable Subordinated Notes due 2023 (CUSIP No. 361438AC8) (the "Notes")...

Fortune Brands Home & Security, Inc. , a leading home and security products company, today announced that on March 22, 2022, it priced a registered public offering of $900 million in aggregate principal amount of senior unsecured notes consisting of...

Assured Guaranty UK Limited (AGUK)* announced that it has issued a £170 million, five-year debt service reserve (DSR) guarantee to benefit Yorkshire Water Services Limited, a member of the Yorkshire Water group. The DSR guarantee provided by AGUK,...

On March 24, 2022, DL E&C (KRX: 375500) held a Board of Directors meeting and approved the issue of Bonus Equity shares to existing shareholders. Maximize Shareholder Value through Bonus Issue The proposed equity bonus will be issued at a ratio of...

Citizens Bank, N.A. today announced the redemption on April 26, 2022 (the "Redemption Date") all of its outstanding (i) $500,000,000 aggregate principal amount 2.65% Senior Notes due May 26, 2022 (CUSIP No. 17401QAL5) and (ii) $250,000,000 aggregate...

Travel + Leisure Co. announced today that it has completed a term securitization transaction involving the issuance of $275 million of asset-backed notes. Sierra Timeshare 2022-1 Receivables Funding LLC issued approximately $88 million of Class A...

Humana Inc. (the "company") announced today the completion of its public offering of $750 million aggregate principal amount of the company's 3.700 percent senior notes, due 2029 (the "Senior Notes Offering"). The company expects net proceeds from...

Owens & Minor, Inc. (the "Company") announced today the upsize and pricing of its private offering (the "Offering") of $600 million aggregate principal amount of its 6.625% senior notes due 2030 (the "Notes"), representing an increase of $100...

On March 17, 2022, KBRA assigned the long-term rating of AA+ with a Stable Outlook to the City of New York's General Obligation Bonds Fiscal 2022 Series B and C. Additionally, KBRA affirmed the long-term rating of AA+ with a Stable Outlook to the...

D.A. Davidson's Special District Group, a nationally recognized team of capital market professionals, has successfully priced and closed approximately $70MM of senior and subordinate bonds for Riverwalk Metropolitan District (MD) No. 2 in Glendale,...

Humana Inc. (the "company") announced today that it has priced a public offering of $750 million aggregate principal amount of the company's 3.700 percent senior notes, due 2029 (the "Senior Notes Offering"). The Senior Notes Offering is expected to...

CF Industries Holdings, Inc. today announced that its wholly owned subsidiary CF Industries, Inc. has elected to redeem in full on April 21, 2022 all of the $500,000,000 outstanding principal amount of its 3.450% Senior Notes due 2023 (the "Notes"),...