- Funding Arrangement Will Advance Realty Income's Private Capital Initiative with Leading Asset Manager - Initial Apollo Investment of $1.0 Billion for 49% Equity Interest in Portfolio of Existing U.S. Realty Income Retail Assets - Cost-Efficient Long-Term Equity with 100% Permanent Equity Treatment by Rating Agencies SAN DIEGO and NEW YORK, March 19, 2026 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, and Apollo (NYSE: APO) today announced that Apollo- m ...

Core Viewpoint - IPALCO Enterprises, Inc. is amending and extending its consent solicitations for its 4.25% Senior Notes due 2030 and 5.75% Senior Notes due 2034 to adopt proposed amendments to the indentures governing these notes [1][2] Summary by Sections Consent Solicitation Details - The expiration time for the consent solicitations has been extended to 5:00 p.m. New York City time on March 24, 2026 [2] - The consent fee for consenting holders has been modified, and previously proposed amendments have been deleted except for the change of control waiver related to the Merger [2][3] Consent Fee Structure - Holders who deliver valid consents will receive a consent fee ranging from $2.50 to approximately $5.00 per $1,000 aggregate principal amount of notes, depending on the amount of consents received [4][3] Merger Context - The consent solicitations are being conducted at the request of Horizon Parent, L.P. in connection with a merger agreement involving The AES Corporation [5] - If the merger is not completed, no consent fees will be paid, and the proposed amendments will not take effect [6] Additional Information for Holders - Holders who have already granted consents do not need to take further action to be eligible for the modified consent fee [7] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [8]

Core Viewpoint - AES Corporation has successfully received the necessary consents for its 5.800% Senior Notes due 2032 and is amending and extending consent solicitations for its other notes in connection with a merger agreement with Horizon Parent, L.P. [1][8] Summary by Sections 2032 Notes Consent Solicitation - The consent solicitation for the 2032 Notes expired on March 18, 2026, at 5:00 p.m. New York City time [2] - A supplemental indenture was executed on March 18, 2026, to amend the indenture governing the 2032 Notes, effective upon the consummation of the merger and payment of the consent fee [3] - Holders who delivered valid consents are eligible for a consent fee of $2.50 per $1,000 of the 2032 Notes [4] Revised Consent Solicitations - AES is amending and extending consent solicitations for its 5.450% Senior Notes due 2028, 3.950% Senior Notes due 2030, and 2.450% Senior Notes due 2031 [5] - The expiration time for these revised solicitations has been extended to March 24, 2026 [5] - The consent fee structure has been modified, with potential fees ranging from $2.50 to approximately $5.00 per $1,000 depending on the level of consents received [7] Merger Agreement Context - The consent solicitations are part of the merger agreement dated March 1, 2026, where Horizon Merger Sub, Inc. will merge with AES [8] - If the merger is not completed, no consent payments will be made, and the current terms of the notes will remain in effect [9] - Consent payments are expected to occur concurrently with the merger, anticipated in late 2026 or early 2027 [9] Additional Information - Holders who previously consented do not need to take further action to receive the modified consent fee [10] - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [11]

Core Viewpoint - DPL LLC is amending and extending its consent solicitation for its 4.35% Senior Notes due 2029, increasing the consent fee and extending the expiration time for the solicitation [1][3]. Group 1: Consent Solicitation Details - The expiration time for the consent solicitation has been extended to 5:00 p.m. New York City time on March 18, 2026 [3]. - The consent fee for holders who grant consents has been increased from $1.00 to $2.50 per $1,000 principal amount of Notes [3][4]. - The payment of the increased consent fee is contingent upon obtaining consent from a majority of the aggregate principal amount of Notes outstanding and the consummation of a merger expected in late 2026 or early 2027 [4]. Group 2: Holder Information - Holders who have previously granted consents do not need to take further action to receive the increased consent fee [5]. - Detailed terms and conditions of the consent solicitation can be found in the consent solicitation statement [5]. Group 3: Company Background - DPL LLC is a regional energy provider and part of AES Corporation, serving over 541,000 customers in West Central Ohio [8]. - The primary subsidiaries of DPL include The Dayton Power and Light Company and Miami Valley Insurance Company [8].

Core Viewpoint - AES Corporation is amending and extending its consent solicitations for various series of senior notes to adopt proposed amendments to the indentures governing these notes [1][2]. Summary by Sections Consent Solicitations - AES has extended the expiration time for its consent solicitations to March 18, 2026, at 5:00 p.m. New York City time [2]. - The consent fee for holders who grant consents has increased from $1.00 to $2.50 per $1,000 principal amount of notes [2]. - The definition of "Permitted Holders" in the proposed amendments has been revised [2]. Conditions and Payment - Payment of the increased consent fee is contingent upon obtaining consent from a majority of the aggregate principal amount of the applicable series of notes and the consummation of a merger [3]. - The increased consent fee is expected to be paid concurrently with the merger's consummation, anticipated in late 2026 or early 2027 [3]. Holder Actions - Holders who have already granted consents do not need to take further action to receive the increased consent fee [4]. Agents Involved - Goldman Sachs & Co. LLC and Citigroup Global Markets Inc. are acting as solicitation agents for the consent solicitations [5].

Core Viewpoint - DPL LLC has extended the expiration time for its consent solicitation regarding its 4.35% Senior Notes due 2029 to 5:00 p.m. on March 13, 2026, maintaining the original terms of the solicitation [1][2]. Group 1: Consent Solicitation Details - The expiration time for the consent solicitation was initially set for March 11, 2026, and has now been extended without any changes to the terms [1]. - Holders of the Notes who have already delivered valid consents do not need to take further action due to this extension [1]. - The consent solicitation is being conducted according to the terms outlined in the consent solicitation statement dated March 5, 2026, which remains unchanged except for the expiration time [1]. Group 2: Company Background - DPL LLC is a regional energy provider and part of the AES Corporation, with primary subsidiaries including The Dayton Power and Light Company and Miami Valley Insurance Company [1]. - The Dayton Power and Light Company serves over 541,000 customers across a 6,000-square-mile area in West Central Ohio [1]. - AES Corporation is a Fortune 500 global energy company focused on delivering innovative energy solutions [1].

Core Viewpoint - GlobalFoundries (GF) is conducting a secondary public offering of 20 million ordinary shares at a price of $42.00 per share, alongside a $300 million share repurchase from the Selling Shareholder, Mubadala Technology Investment Company [1][2][3] Group 1: Offering Details - The offering consists of 20 million ordinary shares priced at $42.00 each, with an additional 3 million shares available for underwriters to purchase within 30 days [1] - The offering is expected to close on March 13, 2026, pending customary closing conditions [1] - GF will not sell any shares in this offering and will not receive any proceeds from the sale [2] Group 2: Share Repurchase - GF has agreed to repurchase $300 million of the Selling Shareholder's ordinary shares at the same price as the public offering [3] - This repurchase is part of a broader $500 million share repurchase authorization approved by GF's Board of Directors in February 2026 [3] - The closing of the share repurchase is contingent upon the closing of the offering, but not vice versa [3] Group 3: Underwriters - J.P. Morgan and Morgan Stanley are the lead book-running managers for the offering, with several other financial institutions acting as active and co-managers [4] Group 4: Company Overview - GlobalFoundries is a leading semiconductor manufacturer, providing essential products for various high-growth markets including automotive and IoT [7] - The company emphasizes innovation and partnerships to deliver high-performance, power-efficient products [7]

Core Viewpoint - Sallie Mae has announced a $200 million accelerated share repurchase agreement with Goldman Sachs, part of a broader $500 million share repurchase program authorized by its Board of Directors [1] Group 1: Share Repurchase Agreement - The company has entered into a $200 million accelerated share repurchase (ASR) agreement with Goldman Sachs & Co. LLC [1] - The ASR is part of a $500 million share repurchase program that was authorized by Sallie Mae's Board of Directors [1] - The share repurchase program is effective from January 22, 2026 [1]

Core Viewpoint - Jim Cramer, a prominent market commentator, has reacted to the IPO of Robinhood Ventures Fund I, highlighting its novelty in allowing retail investors access to venture capital-style investments through a publicly traded fund [5][7]. Company Overview - Robinhood Markets, founded in 2013 by Stanford graduates, is an e-trading platform known for its crypto and tokenized stock offerings. The company went public in 2021 and joined the S&P 500 index in September 2022 [3][4]. - Robinhood Ventures, a subsidiary of Robinhood Markets, is a registered investment adviser with the SEC [3]. IPO Details - Robinhood Ventures Fund I announced its IPO on March 6, pricing 12,615,608 common shares at $25 each, aiming to raise $658.4 million, potentially increasing to $705.7 million if underwriters exercise their option for additional shares [4][5]. - The shares are set to trade on the NYSE under the symbol "RVI" from March 6 to March 9, with Goldman Sachs acting as the sole bookrunner [5]. Fund Composition - The fund's composition includes investments in various companies, such as: - Databricks (23.24%) - Revolut (14.30%) - Mercor (14.23%) - Airwallex (7.11%) - Boom Supersonic (7.11%) - Oura (7.11%) - Ramp (7.11%) - Cash and cash equivalents (19.78%) [6]. Market Impact - The fund aims to disrupt traditional investment practices by enabling retail investors to invest in private companies, which were previously accessible mainly to venture capital funds and high net-worth individuals [7].

Core Viewpoint - Honeywell Aerospace is launching a private offering of senior notes totaling up to $16 billion as part of its planned spin-off from Honeywell, expected to be completed in Q3 2026 [1] Group 1: Offering Details - Aerospace has initiated a private offering of senior notes with an aggregate principal amount of up to $16 billion [1] - The offering includes a five-year senior unsecured revolving credit facility of $3 billion and a 364-day senior unsecured revolving facility of $1 billion [1] - Proceeds from the offering will be used for cash distribution to Honeywell, fees related to the spin-off, and general corporate purposes [1] Group 2: Notes Structure - The notes will be senior unsecured obligations of Aerospace, guaranteed by Honeywell until the spin-off is completed [1] - Upon completion of the spin-off, Honeywell will be released from all obligations under its guarantees automatically [1] - The notes and related guarantees will not be registered under the Securities Act and will be offered only to qualified institutional buyers [1] Group 3: Company Background - Honeywell Aerospace Inc. is a leading global supplier in aerospace and defense, providing critical systems and technologies for various markets [1] - The company’s portfolio includes segments such as Electronic Solutions, Engines & Power Systems, and Control Systems [1] - Honeywell operates across multiple industries, offering solutions for aerospace, building automation, and industrial automation [1]