Core Points - New Gold Inc. announced the expiration of its tender offer for the 7.50% Senior Notes due 2027, which took place on March 13, 2025 [1][4] - The company received valid tenders amounting to $288,843,000, representing 72.21% of the outstanding $400 million of the Notes [3][2] - New Gold plans to use proceeds from a new issuance of $400 million in 6.875% Senior Notes due 2032 to fund the payment for the tendered Notes [5] Tender Offer Details - The tender offer commenced on March 4, 2025, and expired on March 13, 2025, at 5:00 p.m. New York City Time [1] - The settlement date for the accepted Notes is expected to be March 18, 2025 [4] - The tendered principal amount excludes $12,000 of the Notes tendered under guaranteed delivery procedures [3] Future Plans - New Gold intends to redeem any Notes not tendered in the offer around July 15, 2025, at a redemption price of 100% of the principal amount plus accrued interest [5] - The company has retained BofA Securities and BMO Capital Markets as Dealer Managers for the tender offer [7] Company Overview - New Gold is a Canadian-focused intermediate mining company with two core producing assets: the Rainy River gold mine and the New Afton copper-gold mine [9]

Core Viewpoint - Extra Space Storage Inc. has announced a public offering of $500 million in senior notes with a 5.400% interest rate, maturing in 2035, to support its financial operations and potential acquisitions [1][3]. Group 1: Offering Details - The public offering consists of $500 million aggregate principal amount of 5.400% senior notes due June 15, 2035, priced at 99.830% of the principal amount [1]. - The offering is expected to close on or about March 19, 2025, pending customary closing conditions [2]. - The notes will be fully and unconditionally guaranteed by Extra Space and certain subsidiaries [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay outstanding amounts under lines of credit and commercial paper programs, as well as for general corporate and working capital purposes, including potential acquisitions [3]. Group 3: Company Overview - Extra Space Storage Inc. is a self-administered and self-managed real estate investment trust, a member of the S&P 500, operating 4,011 self-storage stores across 42 states and Washington, D.C. as of December 31, 2024 [6]. - The company manages approximately 2.8 million storage units and 308.4 million square feet of rentable space under the Extra Space brand, making it the largest operator of self-storage properties in the United States [6].

Core Viewpoint - New Gold Inc. has initiated a cash tender offer to purchase all outstanding senior notes, aiming to optimize its capital structure and manage debt effectively [1][7]. Group 1: Tender Offer Details - The tender offer is for the 7.50% Senior Notes due 2027, with a principal amount of $400 million and a purchase price of $1,008.00 per $1,000 of notes [2]. - The tender offer will expire on March 13, 2025, at 5:00 p.m. New York City time, unless extended or terminated earlier [4]. - Settlement for accepted notes is expected to occur on March 18, 2025, assuming no extensions or terminations [5]. Group 2: Conditions and Financing - The tender offer is contingent upon the successful completion of a contemporaneous notes offering, which will provide the necessary funds for the tender offer and potential redemption of any notes not tendered [7]. - New Gold plans to redeem any notes not tendered in the offer around July 15, 2025, at a redemption price of 100% of the principal amount plus accrued interest [6]. Group 3: Management and Contact Information - BofA Securities and BMO Capital Markets have been appointed as Dealer Managers for the tender offer, providing assistance and information regarding the terms [8].