Corporate Debt Offering
Search documents
Petco Announces Pricing of its $600,000,000 Offering of Senior Secured Notes
Prnewswire· 2026-01-22 23:30
SAN DIEGO, Jan. 22, 2026 /PRNewswire/ -- Petco (Nasdaq: WOOF) today announced the pricing of its previously announced senior secured notes offering and has agreed to issue and sell $600,000,000 in aggregate principal amount of new senior secured notes due on February 1, 2031, which will bear interest at a rate of 8.250% per annum (the "notes"). Completion of the notes offering is expected to occur on February 2, 2026 and is subject to, among other things, customary closing conditions. Petco intends to use t ...
WTW Prices Offering of $1,000,000,000 of Senior Notes
Globenewswire· 2025-12-15 23:30
Core Viewpoint - Willis Towers Watson announced a registered offering of $700 million in 4.550% senior unsecured notes due 2031 and $300 million in 5.150% senior unsecured notes due 2036, with the offering expected to close on December 22, 2025 [1] Group 1: Offering Details - The total principal amount of the offering is $1 billion, consisting of $700 million in 2031 notes and $300 million in 2036 notes [1] - The notes will be fully and unconditionally guaranteed by the company and certain subsidiaries [1] Group 2: Use of Proceeds - If the Newfront acquisition closes, the net proceeds will be used to pay for the acquisition and related expenses, and to repay $550 million of 4.400% senior notes due 2026 [2] - If the Newfront acquisition does not close, the proceeds will be used to repay the 4.400% senior notes due 2026 and redeem the 2036 notes through a special mandatory redemption [2] - Any remaining proceeds will be allocated for general corporate purposes [2] Group 3: Management and Regulatory Information - The joint book-running managers for the offering include J.P. Morgan Securities, Barclays Capital, and several other financial institutions [3] - The offering is made under an effective shelf registration statement with the SEC, and interested parties can obtain the prospectus through specified contacts [3]
Dentsply Sirona Prices Offering of $550 million of Junior Subordinated Notes
GlobeNewswire News Room· 2025-06-05 21:35
Core Viewpoint - Dentsply Sirona Inc. has announced a $550 million offering of 8.375% Junior Subordinated Notes due 2055, expected to close on June 12, 2025, subject to customary conditions [1] Group 1: Offering Details - The notes will have a fixed interest rate of 8.375% until September 12, 2030, after which the rate will reset based on the five-year U.S. Treasury rate plus a spread of 4.379%, with a minimum rate of 8.375% [2] - The net proceeds from the offering are expected to be approximately $544.5 million, which will be used for general corporate purposes, including repaying existing short-term indebtedness [3] Group 2: Management and Regulatory Information - Goldman Sachs & Co. LLC is the sole book-running manager for the offering, with several co-managers involved [4] - The offering is being made under an effective shelf registration statement filed with the U.S. Securities and Exchange Commission [4][5] Group 3: Company Overview - Dentsply Sirona is the largest diversified manufacturer of professional dental products and technologies, with a strong portfolio of brands and a commitment to advancing patient care [8][9]
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]