Senior Secured Notes
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Columbus McKinnon Announces Completion of Senior Secured Notes Offering
Prnewswire· 2026-01-30 21:30
CHARLOTTE, N.C., Jan. 30, 2026 /PRNewswire/ -- Columbus McKinnon Corporation (Nasdaq: CMCO) ("Columbus McKinnon" or the "Company"), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, announced today it has completed its offering of $900.0 million in aggregate principal amount of 7.125% senior secured notes due 2033 (the "Notes") in connection with the Company's previously announced pending acquisition (the "Acquisition") of Kito Crosby Limited ("Kito Crosby ...
Brightstar Lottery PLC Announces Successful Pricing of $750,000,000 of Senior Secured Notes Due 2033 and Notice of Redemption of All of Its 6.25% Senior Secured Notes Due 2027
Prnewswire· 2025-12-03 21:05
Core Viewpoint - Brightstar Lottery PLC successfully priced $750 million in 5.750% Senior Secured Notes due 2033, intending to use the proceeds to redeem existing 6.25% Senior Secured Notes due January 15, 2027, at a redemption price of $1,012.20 per $1,000.00 [1] Group 1: Financial Details - The Notes will be issued by Brightstar and its wholly-owned subsidiary, Brightstar Global Solutions Corporation, and guaranteed by certain other subsidiaries [1] - The settlement of the Notes is expected to occur on December 15, 2025, subject to customary market conditions [1] - The proceeds will be used to redeem $750 million of the outstanding 6.25% Notes due 2027 and to cover debt issuance costs [1] Group 2: Regulatory and Market Information - Application has been made for the Notes to be listed on the Official List of Euronext Dublin and admitted to trading on the Global Exchange Market of Euronext Dublin [1] - The Notes are being offered only to qualified institutional buyers and non-U.S. persons outside the United States [1] Group 3: Company Overview - Brightstar Lottery PLC is a global leader in the lottery industry, known for delivering secure technology and comprehensive solutions [2] - The company employs approximately 6,000 people and partners with governments and regulators worldwide [2]
Getty Images Prices $628.4 Million of 10.500% Senior Secured Notes due 2030
Globenewswire· 2025-10-06 21:20
Core Viewpoint - Getty Images Holdings, Inc. is issuing $628.4 million of 10.500% Senior Secured Notes due 2030 to finance its proposed merger with Shutterstock, Inc. [1][2] Group 1: Notes Offering - The offering consists of $628,400,000 aggregate principal amount of 10.500% Senior Secured Notes due 2030 [1] - The Notes will be senior secured obligations and guaranteed on a senior secured first lien basis by the same guarantors of Getty Images' existing 11.250% Senior Secured Notes due 2030 [1] - The offering is expected to close around October 21, 2025, subject to customary closing conditions [1] Group 2: Use of Proceeds - Gross proceeds from the sale of the Notes will be deposited in an escrow account and secured by a first-priority security interest [2] - The net proceeds will be used to pay cash consideration to Shutterstock common stockholders, refinance Shutterstock's indebtedness, and cover associated fees and expenses [2] Group 3: Merger Conditions - If the merger agreement is terminated or not consummated by October 6, 2026, the Notes will be redeemed at 100% of the issue price plus accrued interest [3] - The Issuer must inform the escrow agent if it believes the merger will not be completed by the specified date [3] Group 4: Regulatory Compliance - The Notes are offered only to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [4] - The Notes have not been registered under the Securities Act and cannot be sold in the U.S. without registration or an exemption [4]
Mullen Group Ltd. Announces Pricing of Private Placement Notes Offering
Globenewswire· 2025-05-22 22:46
Summary of Mullen Group Ltd. Notes Offering Core Viewpoint Mullen Group Ltd. has successfully priced a senior secured notes offering amounting to approximately CAD$400 million, aimed at enhancing liquidity for future growth and prepaying existing debt. Group 1: Notes Offering Details - The offering consists of US$50 million with a yield of 6.91% per annum and CAD$325 million with a yield of 6.04% per annum, maturing on July 10, 2037 [2] - Interest on the notes will be payable semi-annually starting December 7, 2025 [2] - The offering is expected to close on July 10, 2025, pending customary closing conditions [3] Group 2: Use of Proceeds - The net proceeds from the notes offering will be used to prepay existing private placement debt maturing in October 2026 and for general corporate purposes [3][4] - The company aims to utilize the funds to pursue new acquisitions aligned with its strategic plans [4] Group 3: Company Background - Mullen Group is a public company with a significant portfolio in the transportation and logistics sectors, providing a variety of services including less-than-truckload, truckload, and specialized hauling [7] - The company operates a network of independently run businesses and offers specialized services related to energy, mining, forestry, and construction industries in western Canada [7]