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The Howard Hughes Corporation Prices Offering of Senior Notes
Globenewswire· 2026-02-04 21:05
Core Viewpoint - Howard Hughes Holdings Inc. announced the pricing of $1 billion in senior notes, with $500 million due in 2032 and $500 million due in 2034, priced at par [1][2]. Group 1: Financial Details - The 2032 Notes will have a semi-annual interest rate of 5.875% and the 2034 Notes will have a semi-annual interest rate of 6.125%, with interest payments starting on September 1, 2026 [2]. - The net proceeds from the offering will be used to redeem all outstanding 5.375% Senior Notes due 2028, along with related premiums, accrued interest, and expenses [3]. Group 2: Offering Structure - The Notes are being offered in a private placement to qualified institutional buyers under Rule 144A and to non-U.S. persons under Regulation S, without registration under the Securities Act [4]. - The offering is expected to close on February 17, 2026, pending customary closing conditions [2]. Group 3: Company Overview - Howard Hughes Holdings Inc. is focused on long-term shareholder value through its real estate platform, managing and developing various commercial and residential properties across the U.S. [6]. - The company owns notable assets including master planned communities and development opportunities in locations such as Greater Houston, Las Vegas, Greater Phoenix, Honolulu, and Columbia, Maryland [6].
The Howard Hughes Corporation Commences Offering of Senior Notes
Globenewswire· 2026-02-04 13:07
Core Viewpoint - Howard Hughes Holdings Inc. has announced a private placement offering of $1 billion in senior notes, which includes notes due in 2032 and 2034, to refinance existing debt and for general corporate purposes [1][2]. Group 1: Offering Details - The offering consists of senior notes with an aggregate principal amount of $1 billion, specifically the 2032 Notes and 2034 Notes [1]. - The net proceeds from the offering will be used to redeem all outstanding 5.375% Senior Notes due 2028, covering premiums, accrued interest, and related expenses [2]. Group 2: Regulatory Information - The Notes are being offered in a private placement to qualified institutional buyers under Rule 144A of the Securities Act, and outside the U.S. to non-U.S. persons under Regulation S [3]. - The 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 [3][4]. Group 3: Company Overview - Howard Hughes Holdings Inc. is focused on long-term shareholder value through its real estate platform, owning and developing various commercial and residential properties across the U.S. [5]. - The company’s portfolio includes master planned communities and development opportunities in locations such as Greater Houston, Las Vegas, Greater Phoenix, Honolulu, and Columbia, Maryland [5].
CVR Energy Announces $1 Billion Private Placement of Senior Notes Due 2031 and Senior Notes Due 2034
Businesswire· 2026-01-29 12:41
Core Viewpoint - CVR Energy, Inc. plans to offer $1 billion in senior unsecured notes due 2031 and 2034, subject to market conditions [1] Group 1: Offering Details - The offering will be conducted in a private placement under Rule 144A and Regulation S of the Securities Act of 1933 [1] - The notes include $1 billion in aggregate principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034 [1]
Albertsons Companies, Inc. Announces Proposed Senior Notes Offering
Businesswire· 2025-10-21 12:22
Core Viewpoint - Albertsons Companies, Inc. plans to offer $1,250 million in new senior notes due in 2031 and 2034 to raise capital for its operations [1] Group 1: Financial Details - The total amount of new senior notes being offered is $1,250 million [1] - The notes will be issued in two tranches: the 2031 Notes and the 2034 Notes [1] - Co-issuers of the notes include Safeway Inc., New Albertsons L.P., Albertson's LLC, and Albertsons Safeway LLC [1] Group 2: Use of Proceeds - The company intends to use the net proceeds from the offering for its operational needs [1]