Corporate Debt Offering

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Dentsply Sirona Prices Offering of $550 million of Junior Subordinated Notes
GlobeNewswire News Room· 2025-06-05 21:35
CHARLOTTE, N.C., June 05, 2025 (GLOBE NEWSWIRE) -- DENTSPLY SIRONA Inc. (“Dentsply Sirona” or the “Company”) (Nasdaq: XRAY) today announced it has priced an offering (the “Offering”) of $550 million aggregate principal amount of its 8.375% Junior Subordinated Notes due 2055 (the “notes”). The Offering is expected to close on June 12, 2025, subject to customary closing conditions. The notes will bear interest at a fixed rate of 8.375% per year until September 12, 2030 (the “First Reset Date”). On and after t ...
Goodyear Announces Pricing Of $500 Million Of Senior Notes
Prnewswire· 2025-05-29 22:00
Core Viewpoint - Goodyear Tire & Rubber Company has announced a $500 million offering of 5-year senior notes at an interest rate of 6.625% per annum, aimed at redeeming its existing 5.000% Senior Notes due 2026 [1][2][3] Group 1: Offering Details - The notes will be offered at a price of 100% of their principal amount and are expected to close on June 3, 2025, subject to customary closing conditions [2] - The net proceeds from the offering will be used to redeem $400 million of the outstanding $900 million 2026 Notes, with the redemption date set for June 30, 2025 [3] Group 2: Company Background - Goodyear is one of the largest tire companies globally, employing approximately 68,000 people and operating 53 manufacturing facilities across 20 countries [6] - The company has two Innovation Centers located in Akron, Ohio, and Colmar-Berg, Luxembourg, focusing on developing advanced products and services [6] Group 3: Management and Regulatory Information - A consortium of financial institutions, including Deutsche Bank Securities Inc. and BofA Securities, is managing the offering [4] - The offering is made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission [5]