AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. ("Nebius Group†or the "Company†; NASDAQ: NBIS), a leading AI infrastructure company, today announced the pricing of its offering of $4.0 billion aggregate original principal amount of convertible senior notes, in two series: $2.25 billion aggregate original principal amount of 1.250% convertible notes due 2031 (the "2031 Notes†) and $1.75 billion aggregate original principal amount of 2.625% convertible notes due 2033 (the "2033 Notes†, and togethe. ...

Core Viewpoint - i-80 Gold Corp. is launching an offering of US$200 million in unsecured convertible senior notes due 2031 to fund its gold projects and general corporate purposes [1][2]. Group 1: Offering Details - The offering includes an option for initial purchasers to buy an additional US$30 million in notes within 20 days [1]. - The interest rate and conversion terms will be determined based on market conditions at the time of pricing [3]. - The notes will bear cash interest payable semi-annually and can be converted into common shares of i-80 Gold [3]. Group 2: Use of Proceeds - The net proceeds from the offering will be used to advance five gold projects, refurbish the Lone Tree processing plant, and fund resource expansion and infill drilling [2]. Group 3: Regulatory and Compliance - The offering is subject to customary closing conditions, including approval from the Toronto Stock Exchange and NYSE American [4]. - The notes and shares will not be registered under the U.S. Securities Act and will only be offered to qualified institutional buyers [5]. Group 4: Company Overview - i-80 Gold Corp. is focused on becoming a mid-tier gold producer in Nevada, holding significant gold mineral resources and executing a hub-and-spoke mining strategy [7].

AMSTERDAM--(BUSINESS WIRE)--Nebius Group N.V. ("Nebius Group†or the "Company†; NASDAQ: NBIS), a leading AI infrastructure company, today announced its intention to offer, subject to market and other conditions, $3.75 billion aggregate original principal amount of convertible senior notes, in two series: $2.0 billion aggregate original principal amount of convertible notes due 2031 (the "2031 Notes†) and $1.75 billion aggregate original principal amount of convertible notes due 2033 (the "2033. ...

Core Viewpoint - Ultra Clean Holdings, Inc. plans to offer $400 million in convertible senior notes due 2031, with an option for an additional $60 million, to qualified institutional buyers, aiming to use proceeds for working capital, debt repayment, and share repurchases [1][2] Group 1: Offering Details - The offering consists of $400 million aggregate principal amount of convertible senior notes, with a maturity date of March 15, 2031 [1] - The notes will be senior, unsecured obligations, accruing interest payable semi-annually [1] - Noteholders can convert their notes under certain conditions, with conversions settled in cash and potentially shares of common stock [1] Group 2: Use of Proceeds - Proceeds will be allocated for working capital, prepayment of a portion of the company's outstanding term loan, and general corporate purposes [1] - Up to $40 million will be used for repurchasing common stock [1][2] - Additional proceeds from any exercised options for more notes will also fund capped call transactions [1] Group 3: Capped Call Transactions - Ultra Clean plans to enter into capped call transactions to reduce potential dilution of its common stock upon conversion of the notes [1] - These transactions will cover shares of Ultra Clean's common stock that underlie the notes, with anti-dilution adjustments [1] - Market activities related to these transactions may influence the stock price and the notes' market value [1] Group 4: Market Impact - The share repurchases could affect the market price of Ultra Clean's common stock and potentially result in a higher effective conversion price for the notes [2] - The offering is not contingent upon the repurchase of any common stock [2] - The notes and shares upon conversion will not be registered under the Securities Act, limiting their offer and sale [2]

Core Viewpoint - Itron, Inc. plans to initiate a private offering of $600 million in convertible senior notes due 2032, with an option for initial purchasers to buy an additional $90 million in notes, aimed at qualified institutional buyers under Rule 144A of the Securities Act [1][6] Group 1: Offering Details - The terms of the notes, including interest rate and initial conversion rate, will be determined at the pricing of the offering [2] - The company expects to enter into capped call transactions to mitigate potential dilution of its common stock upon conversion of the notes [3] - The offering is not registered under the Securities Act and may not be sold in the U.S. without registration or an exemption [6] Group 2: Use of Proceeds - A portion of the net proceeds will be used to cover costs associated with the capped call transactions [5] - Up to $125 million of the net proceeds will be allocated for repurchasing shares of common stock, which could influence the market price of the stock [5] - Remaining proceeds will be used for repaying existing convertible senior notes due 2026 and for general corporate purposes [5] Group 3: Market Impact - The company anticipates that the capped call counterparties may engage in derivative transactions that could affect the market price of the common stock and the notes [4] - Activities related to the capped call transactions may lead to fluctuations in the market price of the common stock, impacting the conversion of the notes [4]

Core Viewpoint - Zoetis Inc. is expected to report stable earnings and revenue for its fourth quarter, with analysts projecting earnings per share to remain at $1.4 and revenue to increase slightly to $2.36 billion from $2.32 billion in the previous year [1][2]. Financial Performance - The anticipated earnings per share for Zoetis in the fourth quarter is $1.4, consistent with the same period last year [1]. - The consensus estimate for quarterly revenue is $2.36 billion, reflecting a growth from $2.32 billion reported in the previous year [1]. Recent Developments - On December 16, Zoetis announced the pricing of a $1.75 billion convertible senior notes offering, indicating a significant capital-raising effort [1]. - Shares of Zoetis rose by 0.4%, closing at $128.67 on Wednesday, suggesting a positive market response [2].

Core Viewpoint - Microchip Technology Incorporated has announced the pricing of $800 million in Convertible Senior Notes due 2030, increasing from a previously announced $600 million, with expected net proceeds of approximately $785.1 million after expenses [1][10]. Group 1: Offering Details - The offering is exclusively for qualified institutional buyers under Rule 144A of the Securities Act [1][11]. - The notes will not bear regular interest and will mature on February 15, 2030, with a redemption option starting February 20, 2029, under specific conditions [2][3]. - Holders can require Microchip to repurchase the notes for cash on February 15, 2029, or upon a fundamental change [3]. Group 2: Conversion Features - The initial conversion rate is set at 9.5993 shares of common stock per $1,000 principal amount, equating to a conversion price of approximately $104.17 per share, representing a 40% premium over the last reported price of $74.41 [4]. - Notes will be convertible under specified conditions until November 15, 2029, after which they can be converted at any time [5]. Group 3: Financial Transactions - Microchip has engaged J. Wood Capital Advisors LLC to purchase $25 million in common stock concurrently with the offering [6]. - The company has entered into capped call transactions to mitigate potential dilution from the notes, with an initial cap price of $148.82 per share [7][8]. - Approximately $60.5 million of the net proceeds will be allocated to cover the costs of the capped call transactions, with remaining proceeds aimed at repaying outstanding notes under the commercial paper program [10].

Core Viewpoint - Microchip Technology Incorporated plans to offer $600 million in Convertible Senior Notes due 2030, with an option for an additional $90 million, aimed at qualified institutional buyers under Rule 144A of the Securities Act [1][6] Group 1: Offering Details - The notes will be senior, unsecured obligations of Microchip, with interest payable semi-annually [1] - Upon conversion, Microchip will pay cash up to the principal amount of the notes and may pay or deliver cash, shares of common stock, or a combination for any excess conversion obligation [1] - The interest rate, conversion rate, and other terms will be determined at the time of pricing [1] Group 2: Use of Proceeds - A portion of the net proceeds will be used to pay for capped call transactions with option counterparties [2] - If additional notes are purchased, proceeds will also fund further capped call transactions [2] - Remaining proceeds are intended for repaying outstanding notes under Microchip's commercial paper program [2] Group 3: Capped Call Transactions - Microchip expects to enter into capped call transactions to cover shares underlying the notes, aimed at reducing potential dilution upon conversion [4] - These transactions may offset cash payments exceeding the principal amount of converted notes [4] - The option counterparties may engage in purchasing shares or entering derivative transactions, potentially affecting the market price of Microchip's common stock [5]

Core Viewpoint - ZTO Express has announced the pricing of US$1.5 billion in convertible senior notes due 2031, aimed at refinancing and share repurchase programs, reflecting the company's strategy to manage capital effectively and enhance shareholder value [1][2]. Group 1: Notes Offering Details - The Notes will bear an interest rate of 0.925% per year, payable semiannually, and will mature on March 1, 2031 [3]. - The initial conversion rate is set at 32.3130 Class A ordinary shares per US$1,000 principal amount of Notes, representing a conversion premium of approximately 35.0% above the closing price on February 4, 2026 [4]. - Holders can convert the Notes after a compliance period, with the company having the option to pay in cash, shares, or a combination upon conversion [5]. Group 2: Use of Proceeds - The net proceeds from the Notes Offering will be allocated as follows: up to US$1,000 million for share repurchases and approximately US$500 million for a concurrent share repurchase and other corporate purposes [2][12]. - The Concurrent Share Repurchase involves repurchasing 18,254,400 Class A ordinary shares at the closing price of HK$179.10 per share on February 4, 2026 [12]. Group 3: Redemption and Repurchase Rights - The company may redeem the Notes under specific conditions, including a Cleanup Redemption if less than 10% of the original principal remains outstanding [6]. - Holders have the right to require the company to repurchase their Notes in the event of a fundamental change or on March 1, 2029, at 100% of the principal amount plus accrued interest [7]. Group 4: Capped Call Transactions - The company has entered into capped call transactions to mitigate potential dilution upon conversion of the Notes, with an initial cap set at US$35.9906, representing a 57.0% premium over the last reported sale price [8][9]. - These transactions are expected to influence the market price of the Class A ordinary shares and the Notes, depending on various market conditions [10]. Group 5: Company Overview - ZTO Express is a leading express delivery company in China, providing extensive logistics services through a scalable network partner model [16][17]. - The company aims to support the growth of e-commerce in China by leveraging its network partners for delivery services while maintaining control over critical transportation and sorting operations [17].

Core Viewpoint - Liberty Energy Inc. is proposing to offer $500 million in aggregate principal amount of convertible senior notes due 2031, subject to market conditions and other factors, in a private offering to qualified institutional buyers [1] Group 1 - The offering is categorized as a private offering under Rule 144A of the Securities Act of 1933 [1] - The company intends to grant the initial purchasers a 30-day option to purchase up to an additional $75 million principal amount of the Notes [1]