i-80 Gold Announces Pricing of Upsized Offering of US$250 Million Convertible Senior Notes Accessibility StatementSkip NavigationTORONTO, March 19, 2026 /PRNewswire/ - i-80 GOLD CORP. (TSX: IAU) (NYSE American: IAUX) ("i-80 Gold" or the "Company") announced that it has priced its previously announced offering (the "Offering") of unsecured convertible senior notes due 2031 (the "Notes"). The Company intends to issue US$250 million aggregate principal amount of Notes (or US$287.5 million aggregate principal a ...

Core Viewpoint - Ultra Clean Holdings, Inc. has successfully priced an upsized offering of $525 million in convertible senior notes, increasing from the previously announced $400 million, with plans to use the proceeds for various corporate purposes, including share repurchases and working capital [1][2] Group 1: Offering Details - The offering consists of $525 million aggregate principal amount of 0.00% convertible senior notes due 2031, with settlement scheduled for March 3, 2026 [1] - The company has granted initial purchasers an option to buy an additional $75 million principal amount of notes within 13 days of issuance [1] - Estimated net proceeds from the offering are approximately $511.1 million, or $584.2 million if the option is fully exercised [1] Group 2: Use of Proceeds - Approximately $40 million of the net proceeds will be used to repurchase 672,608 shares of common stock [1] - About $21.9 million will fund the cost of entering into capped call transactions [1] - Remaining proceeds will be allocated for working capital, prepayment of a portion of the company's outstanding term loan, or other general corporate purposes [1] Group 3: Conversion and Redemption Features - The notes will not bear regular interest and will mature on March 15, 2031, with specific conversion rights for noteholders [1] - The initial conversion rate is set at 11.8001 shares of common stock per $1,000 principal amount of notes, equating to an initial conversion price of approximately $84.75 per share, representing a 42.5% premium over the last reported sale price of $59.47 [1] - The notes are redeemable at Ultra Clean's option starting March 20, 2029, under certain conditions [1] Group 4: Capped Call Transactions - Ultra Clean has entered into capped call transactions to cover the shares underlying the notes, with an initial cap price of $104.0725 per share, a 75% premium over the last reported sale price [1][2] - These transactions aim to reduce potential dilution of Ultra Clean's common stock upon conversion of the notes [2] - The option counterparties may engage in derivative transactions that could influence the market price of Ultra Clean's common stock [2]

Core Viewpoint - Itron, Inc. plans to initiate a private offering of $600 million in convertible senior notes due 2032, with an option for initial purchasers to buy an additional $90 million in notes, aimed at qualified institutional buyers under Rule 144A of the Securities Act [1][6] Group 1: Offering Details - The terms of the notes, including interest rate and initial conversion rate, will be determined at the pricing of the offering [2] - The company expects to enter into capped call transactions to mitigate potential dilution of its common stock upon conversion of the notes [3] - The offering is not registered under the Securities Act and may not be sold in the U.S. without registration or an exemption [6] Group 2: Use of Proceeds - A portion of the net proceeds will be used to cover costs associated with the capped call transactions [5] - Up to $125 million of the net proceeds will be allocated for repurchasing shares of common stock, which could influence the market price of the stock [5] - Remaining proceeds will be used for repaying existing convertible senior notes due 2026 and for general corporate purposes [5] Group 3: Market Impact - The company anticipates that the capped call counterparties may engage in derivative transactions that could affect the market price of the common stock and the notes [4] - Activities related to the capped call transactions may lead to fluctuations in the market price of the common stock, impacting the conversion of the notes [4]

Core Viewpoint - Microchip Technology Incorporated has announced the pricing of $800 million in Convertible Senior Notes due 2030, increasing from a previously announced $600 million, with expected net proceeds of approximately $785.1 million after expenses [1][10]. Group 1: Offering Details - The offering is exclusively for qualified institutional buyers under Rule 144A of the Securities Act [1][11]. - The notes will not bear regular interest and will mature on February 15, 2030, with a redemption option starting February 20, 2029, under specific conditions [2][3]. - Holders can require Microchip to repurchase the notes for cash on February 15, 2029, or upon a fundamental change [3]. Group 2: Conversion Features - The initial conversion rate is set at 9.5993 shares of common stock per $1,000 principal amount, equating to a conversion price of approximately $104.17 per share, representing a 40% premium over the last reported price of $74.41 [4]. - Notes will be convertible under specified conditions until November 15, 2029, after which they can be converted at any time [5]. Group 3: Financial Transactions - Microchip has engaged J. Wood Capital Advisors LLC to purchase $25 million in common stock concurrently with the offering [6]. - The company has entered into capped call transactions to mitigate potential dilution from the notes, with an initial cap price of $148.82 per share [7][8]. - Approximately $60.5 million of the net proceeds will be allocated to cover the costs of the capped call transactions, with remaining proceeds aimed at repaying outstanding notes under the commercial paper program [10].

Core Viewpoint - Joby Aviation, Inc. has announced the pricing of concurrent public offerings totaling $600 million in convertible senior notes and approximately 52.86 million shares of common stock, with the aggregate offering size increased from a previously announced $1 billion [1] Group 1: Offerings Details - The company is offering $600 million of 0.75% convertible senior notes due in 2032 and 52,863,437 shares of common stock at a price of $11.35 per share [1] - The note offering and common stock offering are scheduled to settle on February 2, 2026, subject to customary closing conditions [1] - The underwriters have a 30-day option to purchase additional notes worth up to $90 million and an additional 7,929,515 shares of common stock [1] Group 2: Financial Terms of the Notes - The notes will accrue interest at a rate of 0.75% per annum, payable semi-annually starting August 15, 2026, and will mature on February 15, 2032 [3] - The initial conversion rate is set at 70.4846 shares of common stock per $1,000 principal amount of notes, equating to an initial conversion price of approximately $14.19 per share, representing a 25% premium over the public offering price [3][4] Group 3: Use of Proceeds - Joby estimates net proceeds from the common stock offering to be approximately $576 million, or $662.4 million if the underwriters fully exercise their option [7] - The net proceeds from the note offering are estimated at approximately $582.9 million, or $670.4 million if the over-allotment option is fully exercised [7] - Proceeds will be used for certification and manufacturing efforts, preparation for commercial operations, and general working capital [7] Group 4: Capped Call Transactions - Joby has entered into capped call transactions to cover the number of shares underlying the notes, with an initial cap price of $22.70 per share, representing a 100% premium over the public offering price [9][10] - These capped call transactions are expected to reduce potential dilution to Joby's common stock upon conversion of the notes [10]

Core Viewpoint - Realty Income Corporation has successfully closed a private offering of $862.5 million in convertible senior notes, which will be used for various corporate purposes, including debt repayment and property acquisitions [1][2]. Group 1: Offering Details - The offering consists of $862.5 million aggregate principal amount of 3.500% convertible senior notes due 2029, which includes a previously announced offering of $750 million and an additional $112.5 million option exercised by initial purchasers [1]. - The net proceeds from the offering are approximately $845.5 million after deducting discounts, commissions, and estimated offering expenses [2]. Group 2: Use of Proceeds - Realty Income plans to use the majority of the net proceeds for general corporate purposes, which may include repaying or repurchasing existing indebtedness, including $500 million of outstanding 5.050% senior notes due January 13, 2026 [2]. - Approximately $101.9 million of the net proceeds was used to repurchase about 1.8 million shares of common stock concurrently with the pricing of the offering [2]. Group 3: Company Overview - Realty Income, known as "The Monthly Dividend Company," is an S&P 500 company with a portfolio of over 15,500 properties across the U.S., the U.K., and seven other European countries [4]. - The company has a history of increasing dividends, with 133 dividend increases since its NYSE listing in 1994, and is recognized as a member of the S&P 500 Dividend Aristocrats index for over 30 consecutive years of dividend increases [4].

Core Viewpoint - Realty Income Corporation plans to offer $750 million in convertible senior notes due 2029, with an option for initial purchasers to buy an additional $112.5 million [1][2]. Group 1: Offering Details - The notes will be senior, unsecured obligations, accruing interest payable semi-annually and maturing on January 15, 2029 [2]. - Noteholders can convert their notes under certain conditions, with conversions settled in cash and potentially shares of common stock [2]. - Realty Income can redeem the notes prior to maturity to maintain its status as a real estate investment trust for tax purposes [3]. Group 2: Corporate Events and Repurchase Rights - In the event of a "fundamental change," noteholders may require Realty Income to repurchase their notes for cash at the principal amount plus accrued interest [4]. Group 3: Use of Proceeds - The majority of net proceeds will be used for general corporate purposes, including repaying existing debt, property acquisitions, and share repurchases [6]. - Realty Income plans to repurchase shares of its common stock concurrently with the pricing of the offering, which may influence the trading price of its common stock [6]. Group 4: Company Overview - Realty Income, known as "The Monthly Dividend Company," has a portfolio of over 15,500 properties across the U.S. and other countries, and has a history of increasing dividends for over 30 consecutive years [9].

Core Insights - Energy Fuels Inc. is a leading U.S. company in uranium and rare earth elements production, focusing on low-cost mining operations and expanding into rare earth production [1] Financial Performance - For Q3 2025, the company reported an EPS of -$0.07, better than the estimated -$0.08, with revenues of $17.71 million, exceeding expectations of $13.67 million and significantly up from $4.04 million in the same period last year [2][6] - The increase in revenue is attributed to a rise in uranium sales and successful low-cost mining operations, alongside the completion of a rare earth pilot production yielding 29 kilograms of dysprosium oxide [3] Strategic Financial Moves - Energy Fuels completed a $700 million convertible senior notes offering, enhancing its working capital to nearly $1 billion, which strengthens its liquidity position with a current ratio of about 11.50 [4][6] - Despite a negative P/E ratio of approximately -34.87, the company maintains a strong liquidity position, with a price-to-sales ratio of about 49.66, indicating investor confidence [5]

Core Points - Ramaco Resources, Inc. plans to offer $300 million in convertible senior notes due 2031, with an option for underwriters to purchase an additional $45 million for over-allotments [1][2] - Concurrently, Goldman Sachs and Morgan Stanley will facilitate a separate offering of Ramaco's Class A common stock to hedge transactions related to the notes offering [2][3] - The completion of both offerings is interdependent, meaning the notes offering is contingent on the successful completion of the concurrent stock offering [2][3] Company Overview - Ramaco Resources, Inc. operates and develops metallurgical coal in southern West Virginia and southwestern Virginia, and is also involved in producing coal, rare earth elements, and critical minerals in Wyoming [4] - The company has four active metallurgical coal mining complexes in Central Appalachia and is in the initial stages of production for a rare earth and coal mine near Sheridan, Wyoming [4]

Core Viewpoint - SEI has announced a proposed offering of $600 million in convertible senior notes due in 2031, aimed at repaying a term loan, funding growth initiatives, and purchasing a capped call [1] Group 1 - The offering is intended to repay an existing term loan, which indicates a strategy to improve the company's financial position [1] - The funds raised will also be allocated towards growth initiatives, suggesting a focus on expansion and investment in future opportunities [1] - Additionally, the company plans to use part of the proceeds to purchase a capped call, which may serve as a financial strategy to enhance shareholder value [1]