Core Viewpoint - Concentrix Corporation has announced a public offering of $600 million in Senior Notes with a 6.500% interest rate, due in 2029, to refinance existing debt and cover related expenses [1]. Group 1: Offering Details - The offering consists of $600 million aggregate principal amount of 6.500% Senior Notes due 2029 [1]. - The proceeds will be used to redeem or repay all or a portion of the 6.650% Senior Notes due August 2, 2026, which currently has an outstanding amount of $800 million [1]. - The expected closing date for the offering is February 24, 2026, pending customary closing conditions [1]. Group 2: Management and Underwriters - The offering is managed by BofA Securities, J.P. Morgan, BNP Paribas, Citigroup, HSBC, PNC, TD Securities, Truist, U.S. Bancorp, and Wells Fargo as joint book-running managers [2]. - Co-managers for the offering include Fifth Third Securities, Goldman Sachs, MUFG Securities, and Standard Chartered Bank [2]. Group 3: Regulatory Information - The offering will be made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. - Investors are encouraged to read the prospectus supplement and accompanying prospectus for detailed information regarding the offering [3].

Company Overview - Alumis Inc. is a clinical-stage biopharmaceutical company focused on developing next-generation targeted therapies for immune-mediated diseases [5] - The company utilizes a proprietary data analytics platform and precision approach to enhance patient health and outcomes [5] Recent Offering - Alumis announced the closing of an upsized underwritten public offering of 20,297,500 shares of common stock at a price of $17.00 per share, resulting in gross proceeds of approximately $345.1 million before deductions [1] - The offering included the full exercise of the underwriters' option to purchase an additional 2,647,500 shares [1] Underwriters - Morgan Stanley, Leerink Partners, Cantor, and Wells Fargo Securities served as joint book-running managers for the offering, while Baird and Oppenheimer & Co. acted as co-lead managers [2] Regulatory Compliance - The public offering was conducted under a shelf registration statement on Form S-3, which was previously filed and declared effective by the SEC on August 19, 2025 [3]

Core Points - Westlake Corporation has announced a cash tender offer to purchase all outstanding 3.600% Senior Notes due 2026 [1][2] - The tender offer is not conditioned on a minimum amount of Notes being tendered and may be amended, extended, or terminated at Westlake's discretion [2][3] - The expiration date for the tender offer is set for 5:00 p.m. New York City time on November 10, 2025, unless extended [3] - Holders must validly tender their Notes or submit a Notice of Guaranteed Delivery before the expiration date to receive the consideration [4] - Accrued and unpaid interest will be paid on all validly tendered Notes, with the settlement date expected around November 12, 2025 [4] - For those using Guaranteed Delivery Procedures, the deadline to validly tender Notes will be the second business day after the expiration date, expected to be November 13, 2025 [5] - J.P. Morgan Securities LLC and Wells Fargo Securities, LLC are acting as dealer managers for the tender offer [5] Company Overview - Westlake Corporation is a global manufacturer and supplier of materials and innovative products, headquartered in Houston, with operations in Asia, Europe, and North America [8]

Core Viewpoint - Freddie Mac has announced the pricing of the Seasoned Loans Structured Transaction Trust (SLST) Series 2025-2, which involves a securitization of approximately $343.2 million backed by seasoned residential mortgage loans [1][2]. Group 1: Transaction Details - The transaction comprises approximately $308.8 million in guaranteed senior certificates and about $34.3 million in non-guaranteed subordinate certificates, with the subordinate certificates auctioned on October 24, 2025 [2]. - The expected settlement date for the transaction is October 30, 2025 [2]. Group 2: Underlying Collateral - The collateral backing the certificates consists of 1,985 seasoned loans, including fixed, adjustable, and step-rate loans, with none being more than 150 days delinquent as of the cut-off date [3]. - The loans include both modified loans aimed at assisting borrowers at risk of foreclosure and loans that were never modified [3]. Group 3: Advisory and Management - Advisors for this transaction include Citigroup Global Markets Inc. and Nomura Securities International, Inc. as co-lead managers and joint bookrunners, along with several co-managers [4]. Group 4: Freddie Mac's Strategy - Freddie Mac's seasoned loan offerings aim to reduce less-liquid assets in its mortgage-related investments portfolio through economically sensible transactions, including the sale of Non-Performing Loans (NPLs) and securitizations of re-performing loans (RPLs) [5]. - Since 2011, Freddie Mac has sold approximately $10.7 billion of NPLs and securitized about $81.3 billion of RPLs, which includes $30.4 billion of fully guaranteed MBS, $37.6 billion through the Seasoned Credit Risk Transfer (SCRT) program, and $13.3 billion through the SLST program [5].

Core Viewpoint - LXP Industrial Trust has announced early results of its tender offer to purchase up to $150 million of its 6.750% Notes due 2028, with a significant amount already tendered by the early deadline [1][4]. Tender Offer Details - The tender offer has a purchase cap of $150 million, excluding accrued interest and related fees [1]. - The offer will expire on October 30, 2025, unless extended or terminated earlier by the company [3]. - As of the early tender deadline on October 15, 2025, $186,042,000 of the Notes had been validly tendered [2][4]. Financial Considerations - The total consideration for the Notes accepted for purchase will include an early tender premium of $30.00 per $1,000 principal amount [5]. - Holders who tender their Notes after the early deadline will receive a lower consideration without the early tender premium [5]. - The total consideration will be determined on October 16, 2025, based on the fixed spread and yield to maturity of the reference U.S. Treasury Security [5][6]. Eligibility and Interest - Only holders who tendered their Notes by the early deadline are eligible for the total consideration [7]. - Accrued and unpaid interest will also be paid to holders whose Notes are accepted for purchase [7]. Subscription Status - The offer for the Notes has been fully subscribed as of the early tender deadline, and no additional Notes will be accepted after this date [9]. Company Overview - LXP Industrial Trust is a publicly traded REIT focused on Class A warehouse and distribution investments across 12 target markets in the Sunbelt and Midwest [14]. - The company aims to expand its portfolio through acquisitions, development projects, and various real estate transactions [14].

Group 1 - Carlyle has priced an offering of $800 million aggregate principal amount of 5.050% senior notes due 2035, which will be fully guaranteed by its indirect subsidiaries [1] - The offering is expected to close on September 19, 2025, subject to customary closing conditions, and the net proceeds will be used for general corporate purposes [1] - The offering is made under an effective shelf registration statement on file with the U.S. Securities and Exchange Commission [3] Group 2 - The joint book-running managers for the offering include Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC [2] - Carlyle is a global investment firm with $465 billion of assets under management as of June 30, 2025, and operates across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [5] - The firm employs over 2,300 people in 27 offices across four continents, focusing on investing wisely and creating value for its investors and communities [5]

Core Viewpoint - Carlyle, a global investment firm, announced its intention to offer senior notes, which will be guaranteed by its indirect subsidiaries, with proceeds intended for general corporate purposes [1][5]. Group 1: Offering Details - The offering of senior notes is subject to market and other conditions [1]. - The offering is being managed by Citigroup Global Markets Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, and Wells Fargo Securities, LLC as joint book-running managers [2]. - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission (SEC) [3]. Group 2: Company Overview - Carlyle manages $465 billion in assets as of June 30, 2025, and operates across three business segments: Global Private Equity, Global Credit, and Carlyle AlpInvest [5]. - The firm employs over 2,300 people in 27 offices worldwide [5].

Company Overview - Highwoods Properties, Inc. is a publicly-traded real estate investment trust (REIT) focused on owning, developing, acquiring, leasing, and managing properties in major business districts across several cities including Atlanta, Charlotte, Dallas, Nashville, Orlando, Raleigh, Richmond, and Tampa [4] Financial Update - Highwoods Properties has recast a $200 million unsecured bank term loan, extending its maturity from May 2026 to January 2029, with an option to extend for an additional two years if no defaults occur [1] - The interest rate on the new term loan is set at SOFR plus 95 basis points, with potential adjustments of up to 2.5 basis points based on the achievement of specific sustainability goals related to greenhouse gas emissions reduction [2] Loan Arrangement Details - The new term loan was arranged by several financial institutions, including BofA Securities, Wells Fargo Securities, and PNC Capital Markets, with Bank of America acting as the Administrative Agent [3]

Core Viewpoint - Verisk Analytics, Inc. is offering $750 million of 4.500% Senior Notes due 2030 and $750 million of 5.125% Senior Notes due 2036 to finance the acquisition of AccuLynx for approximately $2.35 billion [1][2]. Group 1: Offering Details - The offering consists of two sets of Senior Notes: $750 million of 4.500% Senior Notes due 2030 and $750 million of 5.125% Senior Notes due 2036 [1]. - The closing of the offering is expected on August 21, 2025, pending customary closing conditions [1]. - Goldman Sachs & Co. LLC, BofA Securities, Inc., and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering [3]. Group 2: Use of Proceeds - The net proceeds from the offering, along with borrowings from a senior unsecured three-year delayed draw term loan facility and cash on hand, will be used to finance the acquisition of AccuLynx [2]. - The total purchase price for the acquisition is approximately $2.35 billion [2]. Group 3: Company Overview - Verisk is a leading global data analytics and technology provider, primarily serving the insurance industry [6]. - The company focuses on enhancing operational efficiency, improving underwriting and claims outcomes, and addressing global risks such as climate change and sustainability [6]. - Verisk operates in over 20 countries and is recognized for fostering an inclusive workplace culture [6].

Core Viewpoint - MPLX LP has successfully priced $4.5 billion in unsecured senior notes to fund acquisitions and general partnership purposes [1][2]. Group 1: Offering Details - The offering consists of four tranches: $1.25 billion of 4.800% senior notes due 2031, $750 million of 5.000% senior notes due 2033, $1.5 billion of 5.400% senior notes due 2035, and $1.0 billion of 6.200% senior notes due 2055 [1]. - The closing of the offering is expected on August 11, 2025, pending customary closing conditions [3]. Group 2: Use of Proceeds - A portion of the net proceeds will fund the acquisition of Northwind Delaware Holdings LLC and cover related fees and expenses [2]. - The remaining proceeds will be used for general partnership purposes, including capital expenditures and working capital [2]. Group 3: Company Overview - MPLX is a diversified, large-cap master limited partnership that operates midstream energy infrastructure and logistics assets, including pipelines, terminals, and storage facilities [6].