MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of partial redemption for US$500 million aggregate principal amount of its outstanding 6.000% Senior Notes due 2028 (the “2028 Notes”). As set forth in the notice of partial redemption issued today in respect of the 2028 Notes, the redemption date is February 15, 2026, and the redemption price for the 2028 Notes is 100% of the principal amount redeemed, plus accrued and unpaid interest. Thi ...

Core Points - Trulieve Cannabis Corp. has completed the redemption of all US$368 million principal amount of its outstanding 8.0% senior secured notes due 2026, with a total cash outlay of approximately US$373 million [1] - The notes ceased trading on the Canadian Securities Exchange and were delisted as of December 5, 2025 [1] Company Overview - Trulieve is a leading vertically integrated cannabis company and multi-state operator in the U.S., with significant market positions in Arizona, Florida, and Pennsylvania [4] - The company is focused on accelerated growth and expansion through a hub strategy, enhancing retail and distribution capabilities in both new and existing markets [4] - Trulieve aims to provide innovative, high-quality products across its brand portfolio to improve customer experiences and increase access to cannabis [4]

Core Points - Bombardier Inc. has redeemed all remaining outstanding US$99,431,000 aggregate principal amount of its 7.875% Senior Notes due 2027, funded using cash from its balance sheet [1] - The payment of the redemption price and surrender of the Redemption Notes is being processed through the Depository Trust Company [2] Financial Impact - The total amount redeemed is US$99.431 million, which reflects a significant reduction in Bombardier's outstanding debt obligations [1] - The redemption of these notes indicates a strategic move to manage debt levels and improve financial stability [1] Operational Details - The redemption process follows the notice issued on November 3, 2025, indicating a planned and communicated approach to debt management [1] - The procedures for the redemption are in accordance with the applicable protocols of the Depository Trust Company [2]

Core Points - Verizon Communications Inc. announced the redemption of specific notes on December 16, 2025, including 1.450% Notes due 2026, 4.125% Notes due 2027, and 3.000% Notes due 2027 [1][2][3] Group 1: Redemption Details - The total amount to be redeemed for the 1.450% Notes due 2026 is $825,833,000, with the principal amount also being $825,833,000 [1] - The total amount to be redeemed for the 4.125% Notes due 2027 is $606,992,000, with an outstanding principal amount of $2,356,992,000 [1][2] - The total amount to be redeemed for the 3.000% Notes due 2027 is $463,008,000, with the principal amount also being $463,008,000 [1][3] Group 2: Redemption Price Calculation - The redemption price for the 1.450% Notes due 2026 will be the greater of 100% of the principal amount or the present value of remaining scheduled payments discounted at the Treasury Rate plus 15 basis points [1] - The redemption price for the 4.125% Notes due 2027 will be the greater of 100% of the principal amount or the present value of remaining scheduled payments discounted at the Treasury Rate plus 25 basis points [2] - The redemption price for the 3.000% Notes due 2027 will be the greater of 100% of the principal amount or the present value of remaining scheduled payments discounted at the Treasury Rate plus 35 basis points [3]

Core Viewpoint - Bakkt Holdings, Inc. has redeemed its outstanding 0.00% convertible debenture due June 18, 2026, eliminating all remaining long-term debt, which strengthens the company's financial position [1] Financial Position - The redemption of the debenture, originally issued in June 2024, has satisfied all obligations in full [1] - Bakkt now has no outstanding long-term debt obligations, enhancing its balance sheet flexibility [1]

Core Viewpoint - Bombardier Inc. has announced a conditional redemption of its outstanding Senior Notes, indicating a strategic move to manage its debt obligations effectively [1]. Group 1: Redemption Details - Bombardier issued a conditional notice of redemption for all of its outstanding 7.125% Senior Notes due 2026, with a redemption date set for October 4, 2025 [1]. - A conditional notice of partial redemption for US$83,711,000 of its 7.875% Senior Notes due 2027 has also been issued, with the same redemption date of October 4, 2025 [1]. - The redemption price for both the 2026 and 2027 Notes will be 100% of the principal amount redeemed, plus accrued and unpaid interest [1]. Group 2: Conditions and Payment Process - The redemption of the Notes is contingent upon Bombardier completing a new offering of debt securities totaling at least US$250 million before the redemption dates [1]. - Payment for the redemption will be processed through the Depository Trust Company on October 6, 2025 [2]. - The paying agent for this transaction is Deutsche Bank Trust Company Americas, located in Jacksonville, Florida [2].

Core Viewpoint - Calumet, Inc. has extended its asset financing arrangement with Stonebriar, increasing the value of its Shreveport terminal assets to $120 million and providing $80 million in proceeds to reduce outstanding Senior Notes due 2026 [1][2]. Group 1: Financial Transaction Details - The new financing arrangement assigns a value of $120 million to the Shreveport terminal assets, up from the previous valuation of $70 million [1]. - The transaction will yield $80 million in proceeds, which will be used to partially redeem $80 million of the outstanding 11.00% Senior Notes due 2026 at par plus accrued interest [1]. - The cost of capital for this transaction is set at 10.75% [1]. Group 2: Company Operations and Management - Todd Borgmann, CEO of Calumet, emphasized the value increase as a result of the Shreveport team's efforts to enhance facility reliability and throughput [2]. - Calumet, Inc. manufactures and markets a range of specialty branded products and renewable fuels across various consumer and industrial markets, operating twelve facilities in North America [3].

Core Viewpoint - The Company has successfully redeemed $20.0 million of high-cost subordinated notes, which is expected to enhance its net interest margin and create opportunities for future share repurchases [1][2]. Financial Summary - The subordinated notes were originally issued on September 20, 2018, with a fixed-to-floating rate of 5.95%, and prior to redemption, they yielded 7.66% [1]. - The Bank funded the redemption through a $19.0 million dividend, supported by short-term wholesale borrowings at a rate of 4.48% [1]. - As of March 31, 2025, the Bank maintained leverage and total risk-based capital ratios above 9.0% and 12.0%, respectively, which continued post-redemption as of April 30, 2025 [1]. Strategic Initiatives - The redemption of the subordinated notes is part of the Company's strategic initiatives aimed at reducing high-cost debt and potentially repurchasing common shares in the future [2]. - The Company anticipates building excess capital, which would support the share repurchase strategy if deemed accretive to earnings per share [2]. Company Overview - The Bank operates as a community bank in Jeffersonville, Indiana, with fifteen depository branches in Southern Indiana and two national lending programs [2]. - The Bank is recognized for its lending programs and aims to be the best community bank, contributing to its success [2].