Core Viewpoint - Lamar Advertising Company has successfully completed $1.1 billion in refinancing transactions, enhancing its balance sheet and liquidity, which reflects strong confidence from capital markets in the company and the outdoor advertising sector [1][2]. Financial Transactions - The refinancing includes a private placement of $400 million in 5.375% Senior Notes due 2033, aimed at repaying existing indebtedness [2][3]. - A new 7-year, $700 million Term Loan B facility has been secured, which will refinance an existing $600 million Term Loan B due 2027 and repay part of the revolving credit facility [4]. - The transactions are leverage neutral and will increase liquidity to over $800 million while reducing exposure to floating interest rates and extending the debt maturity profile [5]. Company Overview - Founded in 1902, Lamar Advertising Company is one of the largest outdoor advertising firms in North America, operating over 366,000 displays across the U.S. and Canada [6]. - The company provides a range of advertising formats, including billboards and digital displays, with the largest network of digital billboards in the U.S. comprising over 5,200 displays [6].

Core Viewpoint - Uniti Group Inc. announced an offering of $900 million in senior secured notes due 2033 to refinance existing debt and fund corporate purposes [1][3]. Group 1: Offering Details - The offering consists of $900,000,000 aggregate principal amount of senior secured notes due 2033 [1]. - The notes will be guaranteed on a senior unsecured basis by Uniti Group Inc. and on a senior secured basis by the Issuer's subsidiaries [1]. - The Issuer is also pursuing up to $1,500,000,000 in incremental term loan borrowings under the legacy Windstream credit agreement [2]. Group 2: Use of Proceeds - The net proceeds from the offering and the 2025 Term Loan will be used to redeem the outstanding 10.50% senior secured notes due 2028 and cover related expenses [3]. - Any remaining proceeds will be allocated for general corporate purposes [3]. Group 3: Regulatory and Legal Considerations - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers [4]. - The press release does not constitute an offer to sell or a solicitation of an offer to buy the securities [5]. Group 4: Company Overview - Uniti is a fiber provider focused on enabling connectivity across the United States, serving over a million consumers and businesses [6].

Core Insights - SL Green Realty Corp. (SLG) and PGIM completed a $1.4 billion refinancing of 11 Madison Avenue, with a five-year fixed-rate mortgage at a coupon rate of 5.625%, effectively hedged to 5.592% for SL Green's portion [1][8] - The refinancing replaces the previous $1.4 billion debt, which included a $1.075 billion senior mortgage and two mezzanine loans totaling $325 million [1] Property Overview - 11 Madison Avenue is a 30-story office tower with 2.3 million square feet of space, located in a prime area with access to restaurants and upscale shopping, currently 93% occupied [2][8] - The building features prestigious tenants and is home to the renowned 3-Michelin-Star restaurant, Eleven Madison Park [2][8] Financing Details - The CMBS financing was led by Wells Fargo Bank, with participation from major financial institutions including J.P. Morgan Chase, Bank of America, Goldman Sachs, Deutsche Bank, and Bank of Montreal [3] Strategic Implications - The refinancing enhances SL Green's financial flexibility, improving its maturity profile and liquidity for daily operations [4] - The company is positioned for growth due to strong tenant demand for premium office spaces and easing supply pressures, leading to healthy leasing activity [4] Market Performance - Over the past six months, SL Green's shares have increased by 3.4%, contrasting with a 0.6% decline in the broader industry [5]

Core Insights - Morrisons has reported a 3% increase in like-for-like (LFL) sales for the third quarter, marking the eleventh consecutive quarter of growth despite challenging macroeconomic conditions [1][2][4] - Total sales rose by 3.5% to £4 billion ($5.43 billion), with online sales experiencing double-digit LFL growth during the quarter [1][2] - The company achieved an additional £63 million in cost savings and aims for a total of £1 billion in savings by the end of the 2026 financial year [2][4] Financial Performance - Morrisons reduced gross debt by £261 million, bringing total debt repayment since the acquisition by CD&R to £2.7 billion, a reduction of approximately 43% from £6.2 billion to £3.5 billion [3][4] - The company has proactively extended debt maturities to 2031, indicating a focus on improving its capital structure [3] Market Position - The retailer's market share has remained stable since the beginning of the year, reflecting resilience in a competitive environment [2]

Mortgage Market Trends - US mortgage rates fell to the lowest level in nearly a year [1] - This decrease spurred a surge of refinancing activity [1]

Mortgage Market Trends - US mortgage rates experienced the largest drop in a year [1] - This decrease in rates led to a significant increase in refinancing demand from homeowners seeking savings [1]

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan. https://t.co/U2xldSlpEP ...

With the average 30-year fixed mortgage rate at a 10-month low, homeowners with high-rate mortgages are starting to get excited about refinancing https://t.co/8gP1B8dHjb ...

Welcome to Mind Your Money. I'm Ally Canel and this is Yahoo Finance's flagship personal finance show. Think of this as your financial toolbox. For the next 30 minutes, we'll give you the latest money news, cut through the jargon, and tap into expert advice, all designed to help you take control and build a stronger, healthier financial future. On today's show, the end of the dimminimous exemption. Tariff exemptions for packages shipped to the US worth under $800 are over. We'll break down what it means for ...

Financing Activities - AirTrunk has completed a A$16 billion refinancing [1] - The company is exploring options for raising new capital [1] Industry Trends - The data center sector is currently experiencing high demand in credit markets [1]