MARA Holdings announces proposed private offering of $850 million of zero-coupon convertible senior notes due in 2032. Source:https://t.co/ZOtwflietw ...

CHICAGO, July 16, 2025 (GLOBE NEWSWIRE) -- Century Aluminum Company (NASDAQ: CENX) (“Century”) announced today that it had priced its previously announced private offering (the “Secured Notes Offering”) of $400 million aggregate principal amount of 6.875% senior secured notes due August 2032 (the “Secured Notes”). The Secured Notes will be issued at a price equal to 100.00% of their aggregate principal amount. The Secured Notes will pay interest semi-annually in arrears on February 1 and August 1 of each ye ...

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]

Core Viewpoint - HighPeak Energy, Inc. plans to offer $725 million in senior notes due 2030 to repay existing debt and strengthen its financial position [1][2]. Group 1: Offering Details - The company intends to offer $725 million aggregate principal amount of senior notes in a private placement under Rule 144A and Regulation S of the Securities Act [1]. - The notes will not be registered under the Securities Act and will be issued pursuant to an exemption, limiting their sale to qualified institutional buyers and non-U.S. persons [3][4]. Group 2: Use of Proceeds - The net proceeds from the offering, along with borrowings from a new revolving credit facility, will be used to fully repay the existing term loan credit agreement [2]. Group 3: Company Overview - HighPeak Energy, Inc. is an independent crude oil and natural gas company based in Fort Worth, Texas, focusing on the acquisition, development, exploration, and exploitation of unconventional reserves in the Midland Basin [6].

Core Viewpoint - StoneX Group Inc. announced a private offering of $625 million in Senior Secured Notes due 2032 to fund its proposed acquisition of R.J. O'Brien [1][2] Group 1: Offering Details - The offering will be made by StoneX Escrow Issuer LLC, a wholly-owned subsidiary, and the proceeds will be held in a segregated escrow account until certain conditions are met [2][3] - The Notes will initially be secured only by a senior secured first priority lien on the Escrowed Proceeds and will not be guaranteed until the closing of the Merger [3] - Upon the Merger's closing, the Notes will be fully guaranteed on a senior secured second lien basis by the Company's existing and future subsidiaries [3] Group 2: Use of Proceeds - The proceeds from the offering, along with cash on hand, will be used to pay the purchase price and related fees, costs, premiums, and expenses associated with the Merger [2] Group 3: Company Overview - StoneX Group Inc. operates a global financial services network, connecting various market participants through digital platforms and execution services [7] - The Company is a Fortune-100 entity headquartered in New York City, serving over 54,000 clients and managing more than 400,000 retail accounts across six continents [7]

Core Viewpoint - AMC Networks Inc. plans to offer $400 million in senior secured notes due 2032 to fund a tender offer and manage corporate debt [1][2]. Group 1: Offering Details - The company intends to offer $400 million aggregate principal amount of senior secured notes in a private offering [1]. - The notes will be guaranteed by existing and future domestic subsidiaries of AMC Networks on a senior secured basis [1]. - The offering is subject to market conditions and will be made under an exemption from the Securities Act of 1933 [3]. Group 2: Use of Proceeds - Net proceeds from the notes offering will be used to fund a tender offer to purchase up to $450 million of outstanding 4.25% Senior Notes due 2029 [2]. - Proceeds will also cover related premiums, fees, and expenses associated with the offering and the tender offer [2]. - Additional funds will be allocated to repurchase or repay other corporate indebtedness [2]. Group 3: Company Overview - AMC Networks is a prominent player in the TV and film industry, offering a variety of streaming services and cable networks [5]. - The company operates several brands, including AMC+, Acorn TV, Shudder, and Sundance Now, among others [5]. - AMC Networks also has an in-house studio and production operation, known for original franchises like The Walking Dead Universe [5].

Core Viewpoint - Unisys Corporation is issuing $700 million in Senior Secured Notes due 2031 to finance a cash tender offer for its existing notes and other corporate purposes [1][3]. Group 1: Senior Secured Notes Offering - Unisys announced the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 through a private offering [1]. - The Senior Secured Notes will bear an interest rate of 10.625% per year, payable semiannually starting January 15, 2026 [5]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Tender Offer and Consent Solicitation - Concurrently, Unisys initiated a cash tender offer to purchase all outstanding $485 million of its 6.875% Senior Secured Notes due November 1, 2027 [2]. - The company is soliciting consents to amend the existing indenture governing the terms of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [2]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering [7]. Group 3: Use of Proceeds - The net proceeds from the Senior Secured Notes offering will be used to finance the Tender Offer and Consent Solicitation, redeem remaining Existing Notes, fund a portion of the long-term pension deficit, and for general corporate purposes [3]. Group 4: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and the subsidiary guarantors [4].

Group 1 - Under Armour intends to offer $400 million aggregate principal amount of Senior Notes due 2030 in a private offering [1][2] - The Notes will be senior, unsecured obligations and will bear interest semiannually [2] - The net proceeds from the Proposed Offering will be used to redeem all $600 million of outstanding 3.25% Senior Notes due 2026 [3] Group 2 - The offering is exempt from registration under the Securities Act of 1933 and will be made only to qualified institutional buyers [4][5] - The announcement does not constitute a notice of redemption for the 2026 Notes [6] - Under Armour is a leading inventor, marketer, and distributor of branded athletic performance apparel, footwear, and accessories [8]

Core Viewpoint - Unisys Corporation plans to offer $700 million in Senior Secured Notes and simultaneously initiate a cash tender offer for its existing $485 million Senior Secured Notes, aiming to improve its financial structure and address long-term liabilities [1][2]. Group 1: Offering Details - The offering of Senior Secured Notes will be conducted through a private offering to qualified institutional buyers and certain persons outside the U.S. under the Securities Act [1]. - The company intends to use the net proceeds from the offering, along with cash on hand, to finance the Tender Offer and related expenses, redeem remaining Existing Notes, fund pension deficits, and for general corporate purposes [2]. Group 2: Tender Offer and Consent Solicitation - The Tender Offer includes soliciting consents to amend the existing indenture of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [1]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering and other customary conditions [5]. Group 3: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and its subsidiary guarantors [3]. - The guarantees will include a pledge of 100% of the capital stock of each first-tier domestic and foreign subsidiary [3]. Group 4: Regulatory Considerations - The Senior Secured Notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an applicable exemption [4].

Core Viewpoint - PBF Energy Inc. plans to offer $750 million in senior notes due 2030 to repay outstanding borrowings and for general corporate purposes [1] Group 1: Offering Details - The senior notes will be offered in a private placement and are expected to be resold to qualified institutional buyers under Rule 144A and to non-U.S. persons outside the United States under Regulation S [2] - The offering will be made only by means of a private offering memorandum and has not been registered under the Securities Act or any applicable state securities laws [2][3] Group 2: Company Overview - PBF Energy Inc. is one of the largest independent refiners in North America, operating oil refineries and related facilities in multiple states including California, Delaware, Louisiana, New Jersey, and Ohio [5] - The company aims to operate its facilities safely and responsibly, provide a rewarding workplace for employees, positively influence local communities, and deliver superior returns to investors [5] Group 3: Joint Ventures - PBF Energy is a 50% partner in the St. Bernard Renewables joint venture, which focuses on producing next-generation sustainable fuels [6]