Key Takeaways Lamar raised $400M from 5.375% Senior Notes due 2033 via private placement.The company secured a new $700M Term-Loan B, replacing debt due in 2027.Refinancing enhances liquidity and improves Lamar's debt maturity profile.Lamar Advertising Company (LAMR) announced that it has completed refinancing transactions totaling $1.1 billion via its wholly owned subsidiary, Lamar Media Corp. The move will aid the balance sheet strength required for future growth endeavors.The transactions comprised the s ...

Air India raised about $215 million from Bank of India and Standard Chartered for refinancing, according to people familiar with the matter https://t.co/9xudVI1YQo ...

Core Viewpoint - Uniti Group Inc. announced the pricing of a $1.4 billion offering of 7.50% Senior Secured Notes due 2033, which was upsized by $500 million from the initial offering size of $900 million [2] Group 1: Offering Details - The Notes will be issued at an issue price of 100.00% and will be guaranteed on a senior unsecured basis by Uniti Group Inc. and Uniti Group LLC [2] - The offering is expected to close on October 6, 2025 [2] - The Issuer is also pursuing $1.0 billion in incremental term loan borrowings under the legacy Windstream credit agreement [3] Group 2: Use of Proceeds - The net proceeds from the Offering and the borrowings under the 2025 Term Loan will be used to fund the redemption of outstanding 10.50% senior secured notes due 2028 [4] - Any remaining proceeds will be allocated for general corporate purposes [4] Group 3: Redemption Conditions - The redemption of the 2028 secured notes is conditioned upon the Issuer receiving at least $2.4 billion in gross proceeds from the offering of the Notes and the 2025 Term Loan [5] - The redemption will occur on October 6, 2025, at a price determined by the indenture governing the 2028 secured notes plus any accrued interest [5]

BATON ROUGE, La., Sept. 25, 2025 (GLOBE NEWSWIRE) -- Lamar Advertising Company (“Lamar”) (Nasdaq: LAMR), a leading owner and operator of outdoor advertising and logo sign displays, today announced that it has completed $1.1 billion in refinancing transactions through its wholly owned subsidiary, Lamar Media Corp. (“Lamar Media”), strengthening its balance sheet and improving its liquidity. “These transactions are a testament to the confidence that the capital markets have in our company and in the outlook f ...

Core Viewpoint - Uniti Group Inc. announced an offering of $900 million in senior secured notes due 2033 to refinance existing debt and fund corporate purposes [1][3]. Group 1: Offering Details - The offering consists of $900,000,000 aggregate principal amount of senior secured notes due 2033 [1]. - The notes will be guaranteed on a senior unsecured basis by Uniti Group Inc. and on a senior secured basis by the Issuer's subsidiaries [1]. - The Issuer is also pursuing up to $1,500,000,000 in incremental term loan borrowings under the legacy Windstream credit agreement [2]. Group 2: Use of Proceeds - The net proceeds from the offering and the 2025 Term Loan will be used to redeem the outstanding 10.50% senior secured notes due 2028 and cover related expenses [3]. - Any remaining proceeds will be allocated for general corporate purposes [3]. Group 3: Regulatory and Legal Considerations - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers [4]. - The press release does not constitute an offer to sell or a solicitation of an offer to buy the securities [5]. Group 4: Company Overview - Uniti is a fiber provider focused on enabling connectivity across the United States, serving over a million consumers and businesses [6].

Core Insights - SL Green Realty Corp. (SLG) and PGIM completed a $1.4 billion refinancing of 11 Madison Avenue, with a five-year fixed-rate mortgage at a coupon rate of 5.625%, effectively hedged to 5.592% for SL Green's portion [1][8] - The refinancing replaces the previous $1.4 billion debt, which included a $1.075 billion senior mortgage and two mezzanine loans totaling $325 million [1] Property Overview - 11 Madison Avenue is a 30-story office tower with 2.3 million square feet of space, located in a prime area with access to restaurants and upscale shopping, currently 93% occupied [2][8] - The building features prestigious tenants and is home to the renowned 3-Michelin-Star restaurant, Eleven Madison Park [2][8] Financing Details - The CMBS financing was led by Wells Fargo Bank, with participation from major financial institutions including J.P. Morgan Chase, Bank of America, Goldman Sachs, Deutsche Bank, and Bank of Montreal [3] Strategic Implications - The refinancing enhances SL Green's financial flexibility, improving its maturity profile and liquidity for daily operations [4] - The company is positioned for growth due to strong tenant demand for premium office spaces and easing supply pressures, leading to healthy leasing activity [4] Market Performance - Over the past six months, SL Green's shares have increased by 3.4%, contrasting with a 0.6% decline in the broader industry [5]

Core Insights - Morrisons has reported a 3% increase in like-for-like (LFL) sales for the third quarter, marking the eleventh consecutive quarter of growth despite challenging macroeconomic conditions [1][2][4] - Total sales rose by 3.5% to £4 billion ($5.43 billion), with online sales experiencing double-digit LFL growth during the quarter [1][2] - The company achieved an additional £63 million in cost savings and aims for a total of £1 billion in savings by the end of the 2026 financial year [2][4] Financial Performance - Morrisons reduced gross debt by £261 million, bringing total debt repayment since the acquisition by CD&R to £2.7 billion, a reduction of approximately 43% from £6.2 billion to £3.5 billion [3][4] - The company has proactively extended debt maturities to 2031, indicating a focus on improving its capital structure [3] Market Position - The retailer's market share has remained stable since the beginning of the year, reflecting resilience in a competitive environment [2]

Mortgage Market Trends - US mortgage rates fell to the lowest level in nearly a year [1] - This decrease spurred a surge of refinancing activity [1]

Mortgage Market Trends - US mortgage rates experienced the largest drop in a year [1] - This decrease in rates led to a significant increase in refinancing demand from homeowners seeking savings [1]

Refinancing Parent PLUS loans can help you save money and reduce your monthly payments. Learn how to refinance your Parent PLUS loan. https://t.co/U2xldSlpEP ...