9.250% senior notes due 2031
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Adamas Trust, Inc. Announces Pricing of Public Offering of Senior Notes
Globenewswire· 2026-01-06 22:18
Core Viewpoint - Adamas Trust, Inc. has announced a public offering of $90 million in senior notes with a 9.250% interest rate, maturing in 2031, to support general corporate purposes [1][2][3]. Group 1: Offering Details - The company is offering $90 million in senior notes, with an additional $13.5 million option for underwriters to cover over-allotments [1]. - The notes will pay interest quarterly starting April 1, 2026, and will mature on April 1, 2031 [3]. - The offering is expected to close on January 13, 2026, pending customary closing conditions [1]. Group 2: Use of Proceeds - The net proceeds from the offering will be used for general corporate purposes, which may include acquiring targeted assets and repaying existing debt [2]. Group 3: Listing and Trading - The company has applied to list the notes on the Nasdaq Global Select Market under the symbol "ADAMO," with trading expected to begin within 30 days after issuance [2]. Group 4: Company Overview - Adamas Trust, Inc. is a Maryland corporation that has elected to be taxed as a real estate investment trust (REIT), focusing on generating durable earnings and long-term value through disciplined portfolio management [7].
Ferrellgas, L.P. Announces Pricing of Senior Notes Offering
Globenewswire· 2025-10-17 20:05
Core Viewpoint - Ferrellgas, L.P. and its subsidiary announced the pricing of a $650 million offering of 9.250% senior notes due 2031, expected to close around October 27, 2025 [1][2] Group 1: Offering Details - The offering consists of $650 million aggregate principal amount of senior notes priced at 100% of the principal [1] - The notes will be senior obligations guaranteed by Ferrellgas, Inc. and its existing and future subsidiaries [2] - The net proceeds will be used to redeem all of the Issuers' 5.375% Senior Notes due 2026, contingent upon the completion of the offering and an amendment to the credit agreement [2] Group 2: Regulatory Information - The notes have not been registered under the Securities Act of 1933 and may not be offered or sold in the U.S. without registration or an exemption [3] - The offering is limited to qualified institutional buyers and certain non-U.S. persons [3] Group 3: Company Overview - Ferrellgas Partners, L.P. serves propane customers across all 50 states, the District of Columbia, and Puerto Rico through its operating partnership and subsidiaries [4]