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Corbion signs a new debt issuance for USD 100 million in the US Private Placement market
Globenewswire· 2025-11-07 06:00
Core Points - Corbion has signed a Note Purchase Agreement for a total debt issuance of USD 100 million in the US Private Placement market with a fixed interest rate of 5.11% and a maturity of 7 years [1] - The final closing, issuance of notes, and funding are scheduled for December 18, 2025, subject to standard closing conditions, and the proceeds will be used to repay maturing debt due in December 2025 [2] Financial Details - The debt issuance will help align the maturity profile of Corbion's outstanding debt [2]
Polaris Announces Pricing of $500 Million of Senior Notes
Prnewswire· 2025-11-05 21:15
Core Viewpoint - Polaris Inc. has announced a public offering of $500 million in senior notes with a 5.600% interest rate due in 2031, aimed at repaying its incremental term loan facility and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of senior notes with a 5.600% interest rate, maturing in 2031 [1]. - The sale of the notes is expected to close on November 13, 2025, pending customary closing conditions [2]. - The net proceeds will primarily be used to repay the Company's incremental term loan facility, with any remaining funds allocated for general corporate purposes [2]. Group 2: Management and Regulatory Information - The active joint book-running managers for the offering include BofA Securities, Wells Fargo Securities, MUFG Securities Americas, and U.S. Bancorp Investments [3]. - The offering is made under an effective shelf registration statement previously filed with the SEC [4]. Group 3: Company Overview - Polaris Inc. is a global leader in powersports, offering a diverse range of products including off-road vehicles, snowmobiles, motorcycles, and boats [5]. - The company has been operational since 1954 and serves nearly 100 countries worldwide [5].
Simon Property Group Sells $1.5 Billion of Senior Notes
Prnewswire· 2025-08-12 22:12
Core Viewpoint - Simon Property Group, L.P. is issuing new senior notes to refinance existing debt and support general corporate purposes, indicating a strategic move to manage its capital structure effectively [1][2]. Group 1: Financial Details - The new senior notes issuance includes $700 million of 4.375% Notes due 2030 and $800 million of 5.125% Notes due 2035, with a combined weighted average term of 7.8 years and a weighted average coupon rate of 4.775% [1][7]. - The proceeds from the offering will be used to repay a portion of the $1.1 billion outstanding principal amount of 3.500% notes due September 2025 at maturity [2]. Group 2: Offering Management - BBVA Securities Inc., J.P. Morgan Securities LLC, TD Securities (USA) LLC, and Wells Fargo Securities, LLC are acting as joint book-running managers for the public offering, which is conducted under the Operating Partnership's shelf registration statement [3].