Electronic Arts has attracted about $25 billion of demand from investors for a nearly $15 billion debt offering to fund a buyout of the company https://t.co/CzM4ivHgVz ...

Core Viewpoint - Baker Hughes Company has successfully priced a total of $6.5 billion in debt offerings and €3 billion in debt offerings to fund its proposed acquisition of Chart Industries, Inc. [1][2] Debt Offerings - The debt offerings consist of five tranches of senior unsecured notes totaling $6.5 billion and four tranches of senior unsecured notes totaling €3 billion [1] - The notes will be issued by Baker Hughes' wholly owned subsidiary, Baker Hughes Holdings LLC, and will be fully guaranteed by Baker Hughes [1] Use of Proceeds - The net proceeds from the debt offerings will be used to fund a portion of the cash consideration for the acquisition of Chart Industries, Inc. [2] - The notes will be subject to a special mandatory redemption at 101% of the aggregate principal amount if the acquisition is not completed [2] Closing Details - The offerings are expected to close on March 11, 2026, pending customary closing conditions [3] Financial Institutions Involved - Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are acting as joint global coordinators and book-running managers for the U.S. dollar offering [4] - For the euro offering, Goldman Sachs & Co. LLC and Morgan Stanley & Co. International plc are also acting as joint global coordinators and book-running managers [4] Notes Structure - The U.S. dollar offerings include: - $500 million 4.050% Senior Notes due 2029 - $1.25 billion 4.350% Senior Notes due 2031 - $750 million 4.650% Senior Notes due 2033 - $2 billion 5.000% Senior Notes due 2036 - $2 billion 5.850% Senior Notes due 2056 - The euro offerings include: - €600 million 3.226% Senior Notes due 2030 - €900 million 3.812% Senior Notes due 2034 - €750 million 4.193% Senior Notes due 2038 - €750 million 4.737% Senior Notes due 2046 [8]

The Philippines raised 235 billion pesos ($4.1 billion) of bonds from a large-scale local debt offering targeting institutional investors, lower than what it sold in April https://t.co/ccB2SH1kw0 ...

Debt Offering - South Africa initiated a benchmark dollar debt offering, marking its first such offering in a year [1]

Core Viewpoint - Cenovus Energy Inc. has announced the pricing of a $2.6 billion offering of senior unsecured notes, which includes both Canadian and U.S. dollar denominated notes [1][2]. Group 1: Offering Details - The offering consists of four tranches: Canadian Notes totaling $1.2 billion and U.S. Notes totaling $1.0 billion [1]. - The Canadian Notes include $650 million with a 4.25% coupon maturing on March 20, 2033, and $550 million with a 4.60% coupon maturing on November 20, 2035 [2]. - The U.S. Notes consist of $500 million with a 4.65% coupon maturing on March 20, 2031, and $500 million with a 5.40% coupon maturing on March 20, 2036 [2]. Group 2: Use of Proceeds - The net proceeds from the offerings will be used to redeem $750 million of 3.60% senior notes due 2027, $373 million of 4.25% senior notes due 2027, and $600 million of 5.875% senior notes from MEG Energy Corp. due 2029, along with general corporate purposes [3]. Group 3: Underwriting and Regulatory Information - The notes are being offered through a syndicate of dealers led by CIBC Capital Markets, J.P. Morgan Securities LLC, TD Securities Inc., Goldman Sachs & Co. LLC, and Mizuho Securities USA LLC [4]. - The Canadian Notes are offered in all provinces and territories of Canada, while the U.S. Notes are offered under a prospectus supplement filed with the SEC [5].

Project Finance - Lenders need to commit at least $300 million to qualify for the highest fees in the $38 billion debt offering [1] - The $38 billion debt offering will help fund Vantage Data Centers's Oracle-linked projects in Texas and Wisconsin [1] Syndication Details - The debt offering is a retail syndication [1]

Core Viewpoint - Targa Resources Corp. has announced a public offering of $750 million in 4.350% Senior Notes due 2029 and $1.0 billion in 5.400% Senior Notes due 2036, with the offering expected to close on November 12, 2025, subject to customary conditions [1][2]. Group 1: Offering Details - The offering includes $750 million of 4.350% Senior Notes due 2029 priced at 99.938% of face value and $1.0 billion of 5.400% Senior Notes due 2036 priced at 99.920% of face value [1]. - The net proceeds from the offering will be used to redeem the 6.875% Senior Notes due 2029 and for general corporate purposes, including repaying borrowings and funding capital expenditures [2]. Group 2: Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America, focusing on the delivery of energy across the U.S. and internationally [4]. - The company operates a diversified portfolio of infrastructure assets that connect natural gas and natural gas liquids to markets with increasing demand for cleaner fuels [4].

Core Points - Howmet Aerospace Inc. has priced its underwritten public offering of $500 million aggregate principal amount of 4.550% Notes due 2032, expected to close on November 12, 2025 [1] - The net proceeds will be used to redeem approximately $625 million of its 5.90% Notes due 2027, resulting in annualized interest expense savings of approximately $14 million [2] Company Overview - Howmet Aerospace is a leading global provider of advanced engineered solutions for the aerospace and transportation industries, focusing on jet engine components, aerospace fastening systems, and airframe structural components [4]

Acquisition Financing - Goldman Sachs is assessing investor interest for a debt offering to fund Thoma Bravo's acquisition of Dayforce [1] Transaction Details - Thoma Bravo is acquiring Dayforce [1]

Core Viewpoint - CNH Industrial N.V. has successfully priced an offering of €500,000,000 in principal amount of 3.875% notes due September 3, 2035, with an issue price of 98.906% of the principal amount [1][2]. Group 1: Offering Details - The closing of the offering is expected on September 3, 2025, and the notes will be issued under CNH's Euro Medium Term Note Programme [2]. - The net proceeds from the offering will be used for general corporate purposes, including repayment of existing debt [2]. - Application will be made for the notes to be admitted to trading on the Global Exchange Market of Euronext Dublin [2]. Group 2: Regulatory and Distribution Information - The notes will be offered and sold only outside the United States to institutional investors that are not "U.S. persons" and will not be registered under the U.S. Securities Act [4][5]. - The offering has not been registered with the Commissione Nazionale per le Societá e la Borsa (CONSOB) under Italian securities legislation, and may only be offered to qualified investors [6]. - This press release is directed only to persons outside the United Kingdom and those with professional experience in investment matters [7]. Group 3: Company Overview - CNH Industrial is a global equipment, technology, and services company focused on innovation, sustainability, and productivity [11]. - The company provides strategic direction and R&D capabilities to its brands, including Case IH, New Holland, CASE, and others, delivering a full lineup of agricultural and construction products [11]. - CNH has a history of over two centuries as a pioneer in its sectors, with a workforce of over 35,000 employees dedicated to customer success [12].