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WallachBeth Capital Announces Healthcare Triangle Warrant Inducement For Aggregate Gross Proceeds Of $1.63 Million
Prnewswire· 2025-10-02 15:40
Accessibility StatementSkip Navigation The closing of the offering is expected to occur on or about October 2, 2025, subject to the satisfaction of customary closing conditions. The gross proceeds from the warrant inducement are expected to be approximately $1.63 million, excluding any proceeds that may be received upon the exercise of the New Warrants and before deducting placement agent fees and other offering expenses payable by the Company. WallachBeth Capital is acting as sole placement agent for the w ...
AAR announces pricing of public offering of 3,000,000 shares of common stock
Prnewswire· 2025-10-01 02:22
Core Viewpoint - AAR CORP. announced a public offering of 3,000,000 shares of common stock at a price of $83.00 per share, with potential additional shares available for purchase by underwriters, aiming to raise approximately $239.0 million to $274.9 million in net proceeds for debt repayment and general corporate purposes [1][2][3]. Group 1: Offering Details - The offering consists of 3,000,000 shares priced at $83.00 each, with an option for underwriters to purchase an additional 450,000 shares [1]. - The estimated net proceeds from the offering are approximately $239.0 million, or $274.9 million if the underwriters fully exercise their option [1]. - Shares are expected to be delivered on or about October 2, 2025, subject to customary closing conditions [1]. Group 2: Underwriters and Management - Goldman Sachs & Co. LLC, Jefferies, and RBC Capital Markets are the joint lead book-running managers for the offering [2]. - Additional joint book-running managers include BofA Securities, Truist Securities, and Wells Fargo Securities [2]. - Co-managers for the offering include The Benchmark Company, CIBC Capital Markets, KeyBanc Capital Markets, PNC Capital Markets, Samuel A. Ramirez & Company, and William Blair & Company [2]. Group 3: Regulatory Information - The offering is made under a shelf registration statement on Form S-3, which became effective upon filing on July 19, 2023 [3]. - A preliminary prospectus supplement and accompanying prospectus have been filed with the SEC and are available on their website [3]. Group 4: Company Overview - AAR CORP. is a global aerospace and defense aftermarket solutions company operating in over 20 countries [5]. - The company supports commercial and government customers through four segments: Parts Supply, Repair & Engineering, Integrated Solutions, and Expeditionary Services [5].
Realty Income Prices $800 Million Dual-Tranche Offering of Senior Unsecured Notes
Prnewswire· 2025-09-25 21:00
Core Viewpoint - Realty Income Corporation has announced a public offering of $400 million in senior unsecured notes, with two series maturing in 2029 and 2033, aimed at financing various corporate purposes [1][2]. Group 1: Offering Details - The offering includes $400 million of 3.950% senior unsecured notes due February 1, 2029, and $400 million of 4.500% senior unsecured notes due February 1, 2033 [1]. - The public offering price for the 2029 notes was set at 99.412% of the principal amount, yielding an effective yield to maturity of 4.143%, while the 2033 notes were priced at 98.871% with a yield of 4.685% [1]. - The combined notes have a weighted average tenor of approximately 5.3 years and a weighted average yield to maturity of 4.414% [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be utilized for general corporate purposes, including repayment or repurchase of existing indebtedness, property development, and potential acquisitions [2]. - Specifically, the proceeds may address approximately $550 million of outstanding 4.625% notes due November 1, 2025, and support other financial instruments and property improvements [2]. Group 3: Closing and Management - The offering is expected to close on October 6, 2025, pending customary closing conditions [3]. - The active joint book-running managers for the offering include Wells Fargo Securities, Barclays, BofA Securities, Mizuho, and TD Securities [3]. Group 4: Company Overview - Realty Income Corporation, known as "The Monthly Dividend Company," is a real estate investment trust (REIT) with a portfolio of over 15,600 properties across the U.S., U.K., and seven other European countries [6]. - The company has a history of declaring 663 consecutive monthly dividends and is recognized as a member of the S&P 500 Dividend Aristocrats index for increasing dividends for over 30 consecutive years [6].
PRA Group Announces Pricing of Offering of €300 Million of 6.250% Senior Notes due 2032
Prnewswire· 2025-09-24 21:32
Core Viewpoint - PRA Group, Inc. has announced the pricing of €300 million aggregate principal amount of 6.250% Senior Notes due 2032, which is part of a private offering exempt from registration requirements under the Securities Act of 1933 [1][3]. Group 1: Offering Details - The offering of the Notes is expected to close on or about September 30, 2025, subject to customary closing conditions [1]. - The Notes will be guaranteed on a senior unsecured basis by the Company and its existing and future domestic subsidiaries that are borrowers or guarantors under the North American Credit Agreement [2]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to repay approximately $174 million of outstanding borrowings under both the North American and European revolving credit facilities [3]. Group 3: Regulatory Compliance - The Notes were offered only to qualified institutional buyers in reliance on Rule 144A and to certain persons outside of the United States pursuant to Regulation S under the Securities Act [3].
Royal Caribbean Group announces pricing of $1.5 billion offering of senior unsecured notes
Prnewswire· 2025-09-22 21:53
Core Viewpoint - Royal Caribbean Cruises Ltd. has announced a public offering of $1.5 billion in senior unsecured notes with a 5.375% interest rate, maturing on January 15, 2036, to finance the delivery of Celebrity Xcel and to manage existing debt [1][2]. Group 1: Offering Details - The company is pricing a registered public offering of $1.5 billion aggregate principal amount of senior unsecured notes [1]. - The notes are expected to be issued around October 1, 2025, pending customary closing conditions [1]. - The offering is made under an automatic shelf registration statement filed with the SEC on February 29, 2024 [3]. Group 2: Use of Proceeds - The net proceeds from the sale of the notes will be used to finance the delivery of Celebrity Xcel and to redeem or refinance existing indebtedness, including amounts under revolving credit facilities [2]. Group 3: Management and Underwriters - BofA Securities, Goldman Sachs, and Morgan Stanley are acting as lead book-running managers for the offering [2].
Rocket Lab Stock Is Facing Selling Pressure After Hours: What's Going On?
Benzinga· 2025-09-15 21:14
Core Points - Rocket Lab Corp announced an offering of up to $750 million of its common stock, leading to a decline in its shares during extended trading [1] - The company previously entered a similar agreement in March to sell up to $500 million of its common stock, from which it has already offered and sold $396.6 million [2] - As of June 30, Rocket Lab reported approximately $564.08 million in cash and cash equivalents [2] Stock Performance - Following the announcement, Rocket Lab shares fell by 3.50% in after-hours trading, with the stock priced at $52.15 at the time of publication [5]
Crude Oil Rises 1%; Manufacturing Activity in New York Falls In September
Benzinga· 2025-09-15 18:57
Market Performance - U.S. stocks traded higher, with the Dow Jones index gaining approximately 0.1% on Monday, closing at 45,856.77. The NASDAQ rose 0.75% to 22,307.16, and the S&P 500 increased by 0.37% to 6,608.41 [1] - Consumer discretionary shares experienced a significant increase of 1.9%, while health care stocks fell by 0.5% on the same day [1] Economic Indicators - The New York Empire State Manufacturing Index declined to -8.7 in September, down from 11.9 in August and below market estimates of 5 [2][10] Commodity Prices - Oil prices increased by 1% to $63.31, while gold rose by 0.3% to $3,698.80. Silver decreased by 0.1% to $42.810, and copper saw a rise of 1% to $4.6975 [5] European Market Performance - European shares were mostly higher, with the eurozone's STOXX 600 rising by 0.47%. Spain's IBEX 35 Index increased by 0.63%, while London's FTSE 100 fell slightly by 0.01%. Germany's DAX 40 gained 0.27%, and France's CAC 40 rose by 1.05% [6] Asian Market Performance - Asian markets closed mostly mixed, with Hong Kong's Hang Seng rising by 0.22%, China's Shanghai Composite falling by 0.26%, and India's BSE Sensex declining by 0.15% [7] Company News - Check-Cap Ltd. (CHEK) shares surged by 261% to $2.68 following a definitive merger agreement with MBody AI. Helius Medical Technologies, Inc. (HSDT) shares increased by 161% to $19.70 after announcing a $1.25 billion SOL-backed treasury strategy with an oversubscribed PIPE offering at $6.88 per share [9] - Robo.ai Inc. (AIIO) shares rose by 43% to $2.0850 after signing a joint venture agreement to establish Robo.ai Industrial City in Dubai [9] - aTyr Pharma, Inc. (ATYR) shares plummeted by 81% to $1.1694 after failing to meet primary endpoints in a Phase 3 study [9] - Avidity Biosciences, Inc. (RNA) shares fell by 7% to $41.68 following a filing for an offering of 15 million shares of common stock [9] - The Hain Celestial Group, Inc. (HAIN) shares dropped by 26% to $1.5894 after reporting worse-than-expected fourth-quarter financial results [9]
Wesbanco Announces Pricing of $230 Million Offering of Depositary Shares Representing Interests in Preferred Stock
Prnewswire· 2025-09-11 00:30
Core Viewpoint - Wesbanco, Inc. has announced a public offering of 9,200,000 depositary shares representing a 1/40 interest in a share of 7.375% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series B, with a liquidation preference of $1,000 per share [1][2] Summary by Sections Offering Details - The depositary shares will accrue dividends at a rate of 7.375% per annum from September 17, 2025, to October 1, 2030, payable quarterly [2] - After October 1, 2030, the dividend rate will reset to the five-year treasury rate plus 3.795% [2] - Wesbanco may redeem the Series B Preferred Stock at a price of $1,000 per share on any dividend payment date after October 1, 2030 [2] Use of Proceeds - Approximately $150 million of the net proceeds will be used to redeem the outstanding 6.75% Series A Preferred Stock [3] - Approximately $50 million will be allocated to redeem the 4.0% Fixed-To-Floating Rate Subordinated Notes due September 30, 2030 [3] - Remaining proceeds will support general corporate purposes, including debt repayment, capital expenditures, and potential acquisitions [3] Company Background - Wesbanco has over 150 years of experience as a community-focused financial services provider [6] - The company has total assets of $27.6 billion, with $7.2 billion in Trust and Investment Services assets under management as of June 30, 2025 [7]
Southwest Gas Holdings Announces Completion of Centuri Separation
Prnewswire· 2025-09-05 20:05
Core Viewpoint - Southwest Gas Holdings has successfully completed the public offering of Centuri Holdings, selling 27,362,210 shares at $19.60 per share, resulting in net proceeds of approximately $525 million, and has exited its investment in Centuri [1][2][3]. Group 1: Financial Impact - The company received net proceeds of approximately $525 million from the offering after deducting underwriter's discounts and commissions [2]. - Following the offering, Southwest Gas Holdings has no remaining shares of Centuri's common stock [2]. Group 2: Strategic Transformation - The exit from Centuri positions Southwest Gas Holdings as a fully regulated natural gas company, enhancing transparency and aligning with long-term value creation in the utility sector [3]. - The company has fully repaid all holding company debt, including a term loan, and has about $600 million in cash on hand, providing significant financial flexibility for future capital investments [3]. Group 3: Future Plans - The resources from the offering are expected to primarily support future capital investments at Southwest Gas Corporation, including a potential expansion of Great Basin Gas Transmission Company in 2028 [3].
X @Ash Crypto
Ash Crypto· 2025-08-22 22:43
Stock Offering - ETHZILLA 提交了 100 亿美元的股票发行计划 [1] - 该股票发行计划旨在购买更多的以太币 ($ETH) [1]