Core Viewpoint - Xometry, Inc. plans to offer $225 million in Convertible Senior Notes due 2030, with an option for an additional $25 million, to qualified institutional buyers, aiming to enhance its financial flexibility and support various corporate activities [1][3]. Group 1: Offering Details - The offering consists of $225 million in Convertible Senior Notes, with a potential additional $25 million, aimed at qualified institutional buyers under Rule 144A [1]. - The Notes will be unsecured obligations of Xometry, accruing interest payable semiannually, with conversion options including cash, shares, or a combination [2]. - The interest rate and conversion terms will be determined at the time of pricing [2]. Group 2: Use of Proceeds - Xometry intends to use the net proceeds for capped call transactions, repurchasing up to $25 million of its Class A common stock, and repurchasing a portion of its outstanding 1.00% Convertible Senior Notes due 2027 [3][9]. - Additional proceeds from the offering may be allocated for working capital, strategic investments, or further repurchases of the 2027 notes, although no specific agreements are in place for acquisitions at this time [3]. Group 3: Capped Call Transactions - Xometry plans to enter capped call transactions to mitigate potential dilution from the conversion of the Notes, which will cover the shares underlying the Notes [4]. - These transactions are expected to reduce cash payments required upon conversion and are subject to customary adjustments [4]. Group 4: Market Impact - The initial purchasers may engage in derivative transactions or purchase shares of Xometry's Class A common stock, potentially influencing the market price of the stock and the Notes [5][6]. - Activities by hedged holders of the 2027 notes may also affect the market price of Xometry's Class A common stock, impacting the effective conversion price of the Notes [9].

Core Viewpoint - WEC Energy Group, Inc. has announced the pricing of $775 million in convertible senior notes, which is an increase from the previously announced $700 million offering, indicating strong demand for the securities [1][6]. Group 1: Offering Details - The offering consists of 3.375% convertible senior notes due June 1, 2028, with interest paid semiannually [2]. - The offering is expected to close on June 10, 2025, subject to customary closing conditions [1]. - Initial purchasers have the option to buy an additional $125 million in convertible notes within a 13-day period after the initial issuance [1]. Group 2: Conversion Features - Holders can convert their notes only upon certain events until March 1, 2028, after which conversion can occur at any time until two trading days before maturity [3]. - The initial conversion rate is set at 7.7901 shares per $1,000 principal amount, equating to an initial conversion price of approximately $128.37 per share, representing a 22.5% premium over the last reported stock price [4]. Group 3: Repurchase and Redemption - In the event of a fundamental change, holders may require WEC Energy Group to repurchase their notes at 100% of the principal amount plus accrued interest [5]. - The company cannot redeem the convertible notes prior to maturity [6]. Group 4: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, including the repayment of short-term debt [6]. Group 5: Company Overview - WEC Energy Group serves approximately 4.7 million customers across Wisconsin, Illinois, Michigan, and Minnesota [8]. - The company operates several principal utilities and has a subsidiary focused on renewable energy generation [9].

SAN FRANCISCO, June 05, 2025 (GLOBE NEWSWIRE) -- Life360, Inc. (NASDAQ: LIF, ASX: 360) (“Life360”), today announced the closing of its previously announced private offering of 0.00% convertible senior notes due 2030 (the “Notes”). The notes were sold in a private offering only to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the U.S. Securities Act of 1933, as amended (the “Securities Act”). The offering represents the aggregate of both the previously announced ...

Core Viewpoint - Life360, Inc. has announced a private offering of $275 million in convertible senior notes due 2030, increasing from a previously announced $250 million, with net proceeds expected to be approximately $265.2 million after expenses [1][5]. Group 1: Offering Details - The offering consists of 0.00% convertible senior notes, which will mature on June 1, 2030, and will not bear regular interest [2]. - The initial conversion rate is set at 12.3501 shares of common stock per $1,000 principal amount of notes, equating to an initial conversion price of approximately $80.97 per share, representing a 32.5% premium over the last reported sale price of $61.11 on June 2, 2025 [2]. - Life360 has granted initial purchasers an option to buy an additional $45 million in notes within 13 days of the initial issuance [1]. Group 2: Use of Proceeds - Life360 plans to allocate approximately $29 million of the net proceeds to fund capped call transactions, with the remainder intended for general corporate purposes, including potential acquisitions or strategic investments [5]. Group 3: Capped Call Transactions - The capped call transactions are designed to reduce potential dilution of Life360's common stock upon conversion of the notes, with an initial cap price of $122.22 per share, a 100% premium over the last reported sale price [6][7]. - If the market price exceeds the cap price, there may still be dilution or no offset for potential cash payments [8]. Group 4: Redemption and Repurchase - The notes are redeemable at Life360's option starting June 5, 2028, under certain conditions, including if the stock price exceeds 130% of the conversion price [3]. - In the event of a "fundamental change," noteholders may require Life360 to repurchase their notes for cash at the principal amount plus any accrued interest [4].

Core Viewpoint - Constellation Brands has announced the full redemption of its outstanding Senior Notes prior to maturity, indicating a strategic financial move to manage its debt obligations effectively [1][2]. Group 1: Redemption Details - The company will redeem all of its 4.75% Senior Notes due 2025 and 5.00% Senior Notes due 2026, with redemption dates set for July 2, 2025, and June 12, 2025, respectively [1]. - As of June 2, 2025, the total outstanding principal amount of the notes is $900.0 million [1]. Group 2: Company Overview - Constellation Brands is a prominent international producer and marketer of beer, wine, and spirits, with operations in the U.S., Mexico, New Zealand, and Italy [3]. - The company's brand portfolio includes well-known names such as Corona Extra, Modelo Especial, and Robert Mondavi Winery, among others [3].

Core Viewpoint - Bombardier Inc. has successfully closed a US$500 million offering of Senior Notes due 2033 with a coupon rate of 6.750% per annum, maturing on June 15, 2033 [1] Group 1: Offering Details - The New Notes were sold at par and will be used to fund the repayment of outstanding indebtedness, specifically the redemption of US$500 million of 7.875% Senior Notes due 2027 [2] - Prior to the redemption, there is US$683,142,000 outstanding of the 2027 Notes [2] Group 2: Redemption Timeline - The redemption of the 2027 Notes is expected to be completed on June 13, 2025, following a notice of partial redemption issued on May 14, 2025 [3] Group 3: Regulatory Information - The New Notes have not been registered under the United States Securities Act and were offered only to qualified institutional buyers in the U.S. and accredited investors in Canada [4]

AKRON, Ohio, May 29, 2025 /PRNewswire/ -- The Goodyear Tire & Rubber Company (NASDAQ: GT) ("Goodyear" or the "company") today announced that it has commenced a public offering of $500 million aggregate principal amount of 5-year senior notes (the "notes"). The notes will be senior unsecured obligations of the company. Issuance and sale of the notes is subject to market and other customary closing conditions.Goodyear intends to use the net proceeds from this offering, together with its current cash and cash ...

Core Viewpoint - Waste Connections, Inc. has announced a public offering of $500 million in senior notes with a 5.25% interest rate, set to close on June 4, 2025, primarily to repay existing borrowings [1][2]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of 5.25% Senior Notes due 2035, priced at 99.874% of their face value [1]. - Net proceeds from the offering are expected to be approximately $495 million after deducting underwriting fees and estimated expenses [1]. - The offering is being managed by BofA Securities, J.P. Morgan, PNC Capital Markets LLC, and Truist Securities [2]. Group 2: Company Overview - Waste Connections is an integrated solid waste services company providing non-hazardous waste collection, transfer, and disposal services, serving around nine million customers across 46 U.S. states and six Canadian provinces [4]. - The company also engages in resource recovery through recycling and renewable fuels generation, and offers non-hazardous oilfield waste treatment services [4]. - Waste Connections emphasizes its Environmental, Social, and Governance (ESG) initiatives as essential to its long-term value creation strategy [4].

SHANGHAI, China, May 27, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced the pricing of its previously announced offering (the “Notes Offering”) of 2.25% convertible senior notes in an aggregate principal amount of US$500 million due 2032 (the “Notes”). The size of the offering was increased from the previously announced $450 million aggregate principa ...

SHANGHAI, China, May 27, 2025 (GLOBE NEWSWIRE) -- GDS Holdings Limited (“GDS Holdings”, “GDS” or the “Company”) (NASDAQ: GDS; HKEX: 9698), a leading developer and operator of high-performance data centers in China, today announced the commencement of a proposed offering of 5,200,000 American Depositary Shares (“ADSs”), each representing eight Class A ordinary shares, par value US$0.00005 per share, subject to market and other conditions, in an underwritten registered public offering (the “Primary ADSs Offer ...