Core Viewpoint - Genmab A/S has successfully closed an offering of $1.5 billion in senior secured notes and $1.0 billion in senior unsecured notes to fund the acquisition of Merus N.V. and related expenses [1][2]. Group 1: Offering Details - The offering includes $1.5 billion of 6.250% senior secured notes due 2032 and $1.0 billion of 7.250% senior unsecured notes due 2033 [1]. - The net proceeds from the offering will be used alongside new credit facilities totaling $3.5 billion to finance the acquisition of Merus N.V. and associated costs [2]. Group 2: Security and Guarantees - Prior to the acquisition closing, the notes will be secured by segregated accounts holding the gross proceeds [3]. - After the acquisition, the secured notes will be backed by a first priority security interest in certain assets of Genmab and its subsidiaries [3]. Group 3: Covenants and Restrictions - The indentures governing the notes include customary covenants that restrict Genmab and its subsidiaries from incurring additional debt, paying dividends, and engaging in significant asset disposals or mergers [4]. Group 4: Regulatory Compliance - The notes have not been registered under the Securities Act and are offered only to qualified institutional buyers or non-U.S. persons outside the United States [5].

Financial Activities - Upexi, a Nasdaq-listed company, prices up to $23 million in private offerings [1] Cryptocurrency Market - Solana treasuries experience volatility alongside crypto markets [1]

Core Viewpoint - Plug Power Inc. plans to offer $375 million in Convertible Senior Notes due 2033, with an option for an additional $56.25 million, to qualified institutional buyers, subject to market conditions [1][5] Group 1: Offering Details - The offering will be conducted under Rule 144A of the Securities Act of 1933, and the completion of the offering is uncertain [1][5] - The notes will be unsecured obligations of Plug Power, ranking senior to future subordinated debts and equal to existing liabilities, but junior to secured debts [4] Group 2: Use of Proceeds - Approximately $243 million of the net proceeds will be used to repay the outstanding principal and interest on 15.00% secured debentures, along with related termination fees [2] - Remaining proceeds will fund the repurchase of existing 7.00% Convertible Senior Notes due 2026 and for general corporate purposes [2] Group 3: Note Repurchase Transactions - Plug Power intends to negotiate cash repurchase transactions for the 2026 notes with holders, with terms dependent on market conditions [3] - The repurchase activities may influence the market price of Plug Power's common stock [3]

Core Points - Genmab A/S announced the pricing of $1.5 billion of 6.250% senior secured notes due 2032 and $1.0 billion of 7.250% senior unsecured notes due 2033, with an issue price of 100.000% [1] - The company has completed the syndication of a new $2.0 billion senior secured term loan "B" facility, in addition to existing credit facilities [2] - The net proceeds from the notes offering will be used to fund the acquisition of Merus N.V. and related expenses [3] Financing Details - The total financing includes $1.5 billion in secured notes and $1.0 billion in unsecured notes, alongside a $2.0 billion senior secured term loan "B" facility [1][2] - The secured notes will be backed by segregated accounts prior to the acquisition closing, and will later be secured by a first priority interest in certain assets of Genmab and its subsidiaries [4] - The indentures governing the notes will include covenants that restrict Genmab and its subsidiaries from incurring additional debt and other financial activities [5] Regulatory Information - The notes have not been registered under the Securities Act and are available only to qualified institutional buyers or non-U.S. persons [6] - The offering does not constitute an offer to sell or a solicitation of an offer to purchase any securities [7]

Core Viewpoint - ACM Research, Inc. has successfully completed a private offering of ordinary shares through its subsidiary ACM Research (Shanghai), Inc., raising approximately RMB 4.5 billion (around US$630 million) to support its growth initiatives in research and development, capital expenditures, and working capital [2][4]. Group 1: Private Offering Details - ACM Shanghai issued 38,601,326 ordinary shares at a price of RMB 116.11 per share, resulting in gross proceeds of RMB 4.5 billion (approx. US$630 million) and net proceeds of RMB 4.4 billion (approx. US$624 million) after expenses [2]. - The offering was allocated to 17 qualified investors, all of whom subscribed entirely in cash, and the shares will be subject to a six-month lock-up period before trading on the STAR Market [3]. Group 2: Ownership Structure - Following the private offering, ACM's equity interest in ACM Shanghai is expected to decrease to approximately 74.5% from 81.1%, while ACM will continue to be the controlling shareholder [4]. Group 3: Company Overview - ACM Research, Inc. specializes in developing, manufacturing, and selling semiconductor process equipment, including cleaning, electroplating, and packaging tools, aimed at enhancing productivity and product yield in semiconductor manufacturing [6].

Core Viewpoint - Century Communities, Inc. has launched a private offering of $500 million in new Senior Notes due 2033 to qualified institutional buyers and certain non-U.S. persons, aiming to redeem its existing 2027 Senior Notes [1][3]. Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of new Senior Notes due 2033 [1]. - The pricing and terms of the Notes are contingent on market conditions [2]. - The Notes will be guaranteed on an unsecured senior basis by certain current and future subsidiaries of the Company [2]. Group 2: Use of Proceeds - The net proceeds from the Offering, along with cash on hand, will be used to redeem all $500 million of the Company's 6.750% Senior Notes due 2027 [3]. - The redemption of the 2027 Senior Notes is scheduled for October 3, 2025, at a price equal to 100% of the principal amount plus accrued interest [6]. Group 3: Redemption Conditions - The obligation to redeem the 2027 Senior Notes is conditional upon the successful completion of the Offering [6]. - If the conditions are not met, the redemption will be revoked, and the 2027 Senior Notes will remain outstanding [6]. Group 4: Company Overview - Century Communities, Inc. is one of the largest homebuilders in the U.S. and is recognized for its online home sales [8]. - The Company operates in 16 states and over 45 markets, providing a range of services including mortgage and insurance [8]. - It has received accolades such as being named one of America's Most Trustworthy Companies for three consecutive years [8].

Core Viewpoint - Kronos Worldwide, Inc. is raising €75 million through a private offering of additional 9.50% Senior Secured Notes due 2029, which will be issued by its subsidiary, Kronos International, Inc. [1] Group 1: Offering Details - The new Notes will be offered as additional notes to the existing €351,174,000 aggregate principal amount of 9.50% Senior Secured Notes due 2029 issued earlier in 2024 [1] - The Notes will have the same terms as the Existing Notes, except for the issuance date and issue price, and will initially trade under different ISIN and Common Code numbers [1] - The offering is subject to market conditions and the proceeds will be used to pay off existing 3.75% Senior Secured Notes due September 15, 2025, or to repay amounts drawn from a revolving credit facility [3] Group 2: Guarantees and Security - The Notes will be fully guaranteed on a senior basis by the Company and its domestic, wholly-owned subsidiaries, secured by first-priority security interests in certain assets [2] Group 3: Company Overview - Kronos Worldwide, Inc. is a leading global producer of titanium dioxide pigments, serving approximately 3,000 customers in 100 countries, with a significant presence in Europe, North America, and the Asia Pacific region [6]

Core Viewpoint - Centrus Energy Corp. has announced the pricing of $700 million in 0% Convertible Senior Notes due 2032, increasing the offering size from a previously announced $650 million, with an option for initial purchasers to buy an additional $105 million [1][7]. Group 1: Offering Details - The Notes will not bear regular interest, and special interest will accrue under specific circumstances as described in the offering memorandum [2]. - The Notes will mature on August 15, 2032, unless repurchased, redeemed, or converted earlier [2]. - The conversion rate for the Notes is initially set at 4.3551 shares of Class A common stock per $1,000 principal amount, equating to a conversion price of approximately $229.62 per share, representing a 22.5% premium to the last reported sale price on August 13, 2025 [3]. Group 2: Redemption and Repurchase Rights - Centrus cannot redeem the Notes before August 20, 2029, but may do so thereafter if certain stock price conditions are met [4]. - Holders of the Notes have the right to require Centrus to repurchase their Notes upon the occurrence of a fundamental change at a price equal to 100% of the principal amount plus any accrued special interest [5]. Group 3: Financial Implications - The estimated net proceeds from the Offering are approximately $680 million, or $782.1 million if the option for additional Notes is fully exercised, intended for general corporate purposes [7]. - The Notes will rank senior in right of payment to any subordinated unsecured indebtedness and equal to other unsecured indebtedness, while being junior to secured indebtedness [6]. Group 4: Company Overview - Centrus Energy Corp. is a supplier of nuclear fuel and services for the nuclear power industry, having provided over 1,850 reactor years of fuel since 1998, equivalent to more than 7 billion tons of coal [10]. - The company is focused on restoring America's uranium enrichment capabilities and producing High-Assay, Low-Enriched Uranium to meet clean energy and national security needs [11].

Core Viewpoint - Century Aluminum Company has announced a private offering of $400 million in senior secured notes with a 6.875% interest rate, maturing in August 2032, aimed at refinancing existing debt and repaying borrowings [1][2][3]. Group 1: Offering Details - The Secured Notes will be issued at 100% of their principal amount and will pay interest semi-annually starting February 1, 2026 [2]. - The offering is expected to close on July 22, 2025, subject to customary closing conditions [2]. - The notes will be guaranteed by Century's domestic restricted subsidiaries and secured by liens on substantially all assets, excluding certain properties [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to refinance the existing 7.50% Senior Secured Notes due 2028, repay borrowings under credit facilities, and cover related fees and expenses [3]. Group 3: Regulatory Information - The Secured Notes are being offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S, and have not been registered under the Securities Act [4].

Core Viewpoint - Arbor Realty Trust, Inc. has announced a private offering of $500 million in Senior Notes with a 7.875% interest rate, maturing in 2030, to qualified institutional buyers and non-U.S. persons [1][2] Group 1: Offering Details - The offering consists of $500 million aggregate principal amount of 7.875% Senior Notes due 2030 [1] - The Notes will be senior, unsecured obligations of Arbor Realty SR, Inc. and guaranteed by Arbor Realty Trust, Inc. on a senior, unsecured basis [1] - The expected closing date for the offering is July 9, 2025, pending customary closing conditions [1] Group 2: Use of Proceeds - A portion of the net proceeds will be used to refinance, redeem, or repay Arbor's remaining outstanding 7.50% Convertible Notes due 2025 [2] - Any remaining proceeds will be allocated for general corporate purposes [2] Group 3: Company Overview - Arbor Realty Trust, Inc. is a nationwide real estate investment trust and direct lender, focusing on loan origination and servicing for multifamily, single-family rental portfolios, and other commercial real estate assets [5] - The company manages a multibillion-dollar servicing portfolio and is a leading lender for government-sponsored enterprise products [5] - Arbor is recognized as a Fannie Mae DUS® lender and Freddie Mac Optigo® Seller/Servicer, and is an approved FHA Multifamily Accelerated Processing (MAP) lender [5]