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S&P Global Announces Proposed Offering of Senior Notes
Prnewswire· 2025-12-01 14:01
Core Viewpoint - S&P Global is initiating a private placement offering of senior notes due in 2031 and 2035, which will be unsecured obligations guaranteed by its subsidiary, Standard & Poor's Financial Services LLC [1][3]. Group 1: Offering Details - The offering includes two tranches of senior notes: the 2031 Notes and the 2035 Notes [1]. - The net proceeds from the offering will be used for general corporate purposes, which may include acquisitions, debt repayment, capital expenditures, and stock repurchases [2]. - The notes will be offered only to qualified institutional buyers in the U.S. and to non-U.S. persons outside the U.S. [3]. Group 2: Company Overview - S&P Global provides trusted data, expertise, and technology to help businesses, governments, and individuals make informed decisions [5]. - The company focuses on advancing essential intelligence through benchmarks, data, and insights necessary for economic planning and decision-making [5][6].
Commercial Metals Company Announces Closing of $2,000 Million Senior Notes Offering
Prnewswire· 2025-11-26 21:15
Core Points - Commercial Metals Company (CMC) has successfully closed an offering of $1,000 million in 5.75% Senior Notes due 2033 and $1,000 million in 6.00% Senior Notes due 2035, totaling $2,000 million [1][2] - The proceeds from the offering will be used to fund the acquisition of Foley Products Company, along with transaction-related fees and general corporate purposes [3] - The Notes are senior unsecured obligations and will rank equally with CMC's existing and future senior unsecured indebtedness [2] Financial Details - The 2033 Notes will mature on November 15, 2033, while the 2035 Notes will mature on December 15, 2035 [2] - Gross proceeds from the issuance of the Notes were placed into an escrow account pending the completion of the Foley Acquisition [4] - If the Foley Acquisition is not completed by October 15, 2026, CMC will be required to redeem all of the Notes at 100% of the initial issue price plus accrued interest [4] Offering Details - The Notes were offered only to qualified institutional buyers and certain non-U.S. persons, in compliance with Rule 144A and Regulation S under the Securities Act [5] - The Notes have not been registered under the Securities Act and cannot be offered or sold in the U.S. without registration or an exemption [5]
Commercial Metals Company Prices Offering of $2,000 Million Senior Notes in Two Tranches
Prnewswire· 2025-11-12 23:00
Core Points - Commercial Metals Company (CMC) announced the sale of $2,000 million in aggregate principal amount of Senior Notes, consisting of $1,000 million of 5.75% Senior Notes due 2033 and $1,000 million of 6.00% Senior Notes due 2035 [1][2] - The net proceeds from the sale will be used to fund the acquisition of Foley Products Company, transaction-related fees, and general corporate purposes [3] - The offering is expected to close on or about November 26, 2025, and is not contingent upon the completion of the Foley Acquisition [4] Financial Details - The 2033 Notes will mature on November 15, 2033, while the 2035 Notes will mature on December 15, 2035 [2] - The Notes will rank equally with all existing and future senior unsecured indebtedness of CMC [2] Offering Conditions - The Notes will be offered only to qualified institutional buyers and certain non-U.S. persons, and will not be registered under the Securities Act [5] - If the Foley Acquisition is not completed by October 15, 2026, CMC will be required to redeem all of the Notes at a price equal to 100% of the initial issue price plus accrued interest [4]
NXP Semiconductors Announces Pricing of Senior Unsecured Notes Offering
GlobeNewswire News Room· 2025-08-12 20:50
Core Points - NXP Semiconductors N.V. announced the pricing of an offering of senior unsecured notes totaling $1.5 billion, consisting of three tranches: $500 million of 4.300% notes due 2028, $300 million of 4.850% notes due 2032, and $700 million of 5.250% notes due 2035 [1][2][3] Group 1: Offering Details - The notes will be fully and unconditionally guaranteed by NXP Semiconductors N.V. and will be structurally subordinated to the liabilities of NXP's other subsidiaries [2] - The issuance of the notes is expected to close on or around August 19, 2025, subject to customary closing conditions [2] - Proceeds from the offering will be used to redeem $500 million of 5.350% senior unsecured notes due 2026 and $750 million of 3.875% senior unsecured notes due 2026, along with related costs [3] Group 2: Underwriters - Barclays Capital Inc., Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC, PNC Capital Markets LLC, and UBS Investment Bank are acting as joint book-running managers for the offering [4] Group 3: Company Overview - NXP Semiconductors N.V. is a key player in the automotive, industrial & IoT, mobile, and communications infrastructure markets, with operations in over 30 countries and reported revenue of $12.61 billion in 2024 [10]
Capital Power Announces Pricing of US$1.2 Billion of Senior Notes
Globenewswire· 2025-05-13 21:47
Core Viewpoint - Capital Power Corporation announced a private offering of US$700 million in 5.257% senior notes due 2028 and US$500 million in 6.189% senior notes due 2035 to fund acquisitions and future growth opportunities [1][2] Group 1: Offering Details - The offering consists of US$700 million of 5.257% senior notes due 2028 and US$500 million of 6.189% senior notes due 2035 [1] - The notes will be guaranteed by Capital Power and its subsidiaries that guarantee the revolving credit facilities [1] - The offering is expected to close on or about May 28, 2025, subject to customary conditions [1] Group 2: Use of Proceeds - The net proceeds will fund the acquisition of Hummel Station, LLC (1,124 MW) and Rolling Hills Generating, L.L.C. (1,023 MW) [2] - If the acquisition is not completed by January 15, 2026, the 2035 Notes will be subject to a special mandatory redemption [2] - If the acquisition does not occur, proceeds will be used for special mandatory redemption, financing future growth, capital development expenditures, reducing debt, or other corporate purposes [2] Group 3: Company Overview - Capital Power is a growth-oriented power producer with approximately 10 GW of power generation across 30 facilities in North America [9] - The company focuses on delivering reliable and affordable power while building lower-carbon power systems [9]