Bristol Myers Squibb Announces Accepted Amounts and Pricing Terms of its Tender Offers Share PRINCETON, N.J.--(BUSINESS WIRE)--Bristol-Myers Squibb Company (NYSE: BMY) ("Bristol Myers Squibb†), today announced the accepted amounts and pricing terms of the previously announced tender offers to purchase for cash its outstanding notes listed in the tables below. The outstanding debt securities listed in (i) the first table below labeled "Pool 1†are referred to collectively as the "Pool 1 Notes†and (ii) the s ...

Core Insights - Current cash savings options offer yields ranging from 4% to 5%, providing attractive returns without market risk [2][3][6] - The Federal Reserve's recent interest rate cuts have not significantly impacted the high yields available for cash savings, making it a favorable time for savers [3][6] Cash Savings Options - High-yield savings accounts can yield up to 5.00% with certain requirements, while no-strings-attached accounts offer mid-4% returns [3][6] - The best nationwide Certificate of Deposit (CD) rate is currently 4.50% [3][6] - Brokerage and robo-advisor cash accounts are providing competitive yields in the upper-3% range, and U.S. Treasuries are offering rates up to 4.74% [6][10] Earnings Potential - A deposit of $5,000, $10,000, or $25,000 can generate significant interest over six months, depending on the chosen account's annual percentage yield (APY) [7][8] - For example, at a 5.00% APY, a $25,000 deposit could earn $617 in six months [8] Rate Variability - The rates for savings accounts and money market accounts are variable and may decrease with further Federal Reserve rate cuts, while CDs and Treasuries allow for locking in yields for a set period [9][10] Summary of Top Rates - The article provides a summary of the highest-paying options for savings accounts, CDs, brokerage accounts, and U.S. Treasuries, highlighting the importance of knowing current rates [10][14]

Core Viewpoint - Sunoco LP has successfully completed its private exchange offers for outstanding Canadian and U.S. dollar denominated notes issued by Parkland Corporation, with a significant majority of the notes tendered for exchange [1][2][4]. Summary by Category Exchange Offers and Results - The exchange offers for PKI CAD Notes and PKI USD Notes expired on November 4, 2025, with C$1,474,777,000 (approximately 92.2%) of PKI CAD Notes and US$2,579,839,000 (approximately 99.2%) of PKI USD Notes validly tendered [2][3]. - Specific series of PKI CAD Notes tendered include: - C$549,406,000 of 3.875% Senior Notes due 2026 (91.6%) - C$380,785,000 of 6.000% Senior Notes due 2028 (95.2%) - C$544,586,000 of 4.375% Senior Notes due 2029 (90.8%) [2]. - Specific series of PKI USD Notes tendered include: - US$498,854,000 of 5.875% Senior Notes due 2027 (99.8%) - US$789,974,000 of 4.500% Senior Notes due 2029 (98.8%) - US$798,252,000 of 4.625% Senior Notes due 2030 (99.8%) - US$492,759,000 of 6.625% Senior Notes due 2032 (98.6%) [2][3]. Amendments and Acquisitions - Sunoco completed its acquisition of Parkland Corporation, making it a wholly owned subsidiary, and plans to implement amendments to the PKI Indentures to eliminate restrictive covenants and certain events leading to defaults [4][6]. - The proposed amendments will take effect upon the settlement date of the exchange offers, expected on November 7, 2025 [4][6]. New Notes - The New Notes will have similar terms to the PKI Notes, including interest rates and payment dates, ensuring that tendering holders receive equivalent interest payments [7].

Core Points - Municipality Finance Plc has issued a new tranche of SEK 1.5 billion under its MTN programme, increasing the total nominal amount of the notes to SEK 3.5 billion, with a maturity date of 1 November 2028 and a floating interest rate of 3-month Stibor plus 150 bps per annum [1][2] Group 1: Issuance Details - The notes are part of MuniFin's EUR 50 billion programme for debt instruments, with offering documents available on the company's website [2] - The notes have been applied for admission to trading on the Helsinki Stock Exchange, with public trading expected to start on 22 October 2025 [3] - Swedbank AB acts as the Dealer for the issuance of the notes [3] Group 2: Company Overview - MuniFin is one of Finland's largest credit institutions, with a balance sheet exceeding EUR 55 billion, owned by Finnish municipalities, the public sector pension fund Keva, and the State of Finland [3][4] - The company's customers include municipalities, joint municipal authorities, and entities involved in affordable social housing, focusing on environmentally and socially responsible investments [4] Group 3: Market Position - MuniFin operates in a global business environment and is an active issuer in international capital markets, recognized as the first Finnish issuer of green and social bonds [5]

Core Points - Heineken N.V. has successfully placed €2 billion of Notes across three tranches [2][3] - The proceeds from the Notes issuance will be utilized for general corporate purposes, including acquisitions [3] - The Notes will be listed on the Luxembourg Stock Exchange and are issued under the Company's Euro Medium Term Note Programme [3] Summary by Category Notes Details - The issuance includes €500 million 3-year Notes with a coupon of 2.565% [7] - It also includes €750 million 8.6-year Notes with a coupon of 3.505% [7] - Additionally, there are €750 million 12-year Notes with a coupon of 3.872% [7] Maturity Dates - The maturity dates for the Notes are set for 3 October 2028, 3 May 2034, and 3 October 2037 respectively [3] Underwriters - BNP Paribas, Deutsche Bank, ING, JP Morgan, and Rabobank acted as active book runners for the issuance [3]

Core Viewpoint - Solventum Corporation has initiated Tender Offers to purchase outstanding notes for an aggregate purchase price of up to $1.75 billion in cash, subject to specific terms and conditions outlined in the Offer to Purchase [1]. Summary by Relevant Sections Tender Offer Details - The Tender Offers are for a total of up to $1.75 billion, with specific maximum amounts allocated for different pools of notes: $1.25 billion for Pool 1 and $500 million for Pool 2 [3][9]. - The Tender Offer for the 5.450% Senior Notes due 2027 is subject to a subcap of $500 million [4]. - The Tender Offers will expire at 5:00 p.m. Eastern Time on September 22, 2025, with an early tender date of September 5, 2025 [5]. Acceptance Priority Levels - Notes will be accepted based on their Acceptance Priority Level, with higher priority notes being accepted before lower priority notes, and early tenders being prioritized over later tenders [10][11]. - The highest Acceptance Priority Level for both Pool 1 and Pool 2 Tender Offers is 1, while the lowest for Pool 1 is 4 and for Pool 2 is 2 [11]. Payment and Consideration - Total Consideration for each series of notes will be calculated based on a fixed spread and the yield of the applicable U.S. Treasury Reference Security, including an Early Tender Payment for those who tender before the early tender date [6][7]. - Payments for validly tendered notes will be made on either the Early Settlement Date or the Final Settlement Date, depending on when the notes are tendered [8]. Conditions and Management - The obligation to accept notes for purchase is contingent upon certain conditions, including the receipt of proceeds from a previously announced sale of a business segment [12]. - J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Barclays Capital Inc., and Goldman Sachs & Co. LLC are acting as lead dealer managers for the Tender Offers [13].

Core Viewpoint - Oxford Square Capital Corp. has announced a registered public offering of notes, with terms to be determined through negotiations with underwriters [1] Group 1: Offering Details - The public offering price and terms of the notes will be negotiated between the company and the underwriters [1] - The company plans to grant underwriters a 30-day option to purchase additional notes to cover over-allotments [1] - The notes are expected to be listed on the NASDAQ Global Select Market and to begin trading within 30 days of the original issue date [2] Group 2: Use of Proceeds - The net proceeds from the offering are expected to be used for repaying indebtedness, acquiring investments in line with the company's investment objectives, and for general corporate purposes [2] Group 3: Management and Underwriters - Lucid Capital Markets, LLC and Piper Sandler & Co. are acting as joint book-running managers for the offering [3] - Clear Street LLC, InspereX LLC, Janney Montgomery Scott LLC, and William Blair & Company, L.L.C. are serving as lead managers for the offering [3] Group 4: Company Overview - Oxford Square Capital Corp. is a publicly-traded business development company that primarily invests in syndicated bank loans and, to a lesser extent, in debt and equity tranches of collateralized loan obligation (CLO) vehicles [6] - CLO investments may also include warehouse facilities, which are financing structures used to aggregate loans for CLO vehicles [6]

Group 1 - Canada Rare Earth Corp. has appointed SCP Resource Finance LP as its financial advisor and engaged them to lead an offering of notes for gross proceeds of up to US$3,000,000 [1][4] - The notes will be issued at a 5.0% discount, have a maturity of 24 months, and will pay a coupon of 15.0% per annum, payable semi-annually [4] - The net proceeds from the offering will be used for general and corporate working capital purposes, and the company plans to service and repay the notes from revenue generated by its rare earth concentrates and oxides sourcing and trading operations [4] Group 2 - Canada Rare Earth operates a global essential minerals business with a focus on rare earth minerals and products, leveraging positive cash flow opportunities for growth [2] - The company is actively engaging in discussions regarding funding and off-take agreements related to a transaction announced on January 7, 2025, with further details expected to be provided [1]

Group 1 - The Issuer, UAB Partnerystės projektai keturi, is executing a full redemption of its Notes, amounting to €4 million at par, with an additional €180,000 in accrued interest to be paid to Noteholders on April 28, 2025 [1][2] - The voluntary redemption option is being exercised as per Clause 7.3 of the Terms & Conditions, and no action is required from Noteholders regarding this process [2] - The Issuer has successfully completed Phase 1 of the Šiauliai military campus development, which was handed over to Lithuania's Ministry of Defence in April 2024, and is currently progressing with Phase 2 [3] Group 2 - The Issuer redeemed half of the bond issue in September 2024, indicating a proactive approach to managing its financial obligations [3] - The Issuer is refinancing the remaining Notes with increased senior loan facilities, reflecting a growing market familiarity with Public-Private Partnership (PPP) projects [3] - The Issuer expresses gratitude to Noteholders for their trust and support, indicating a positive relationship and potential for future collaboration [4]

Core Viewpoint - The Dow Chemical Company ("TDCC") has announced the early results of its tender offer to purchase certain debt securities for cash, including those of its subsidiaries Rohm and Haas Company and Union Carbide Corporation, indicating a strategic move to manage its debt portfolio effectively [1][2]. Tender Offer Details - The total principal amount of securities tendered includes $1,101,175,000 in U.S. dollars and €504,493,000 in euros, which were validly tendered prior to the Early Participation Date [2]. - Specific securities included in the tender offer are detailed in a table, showing various series of securities with their outstanding amounts, acceptance priority levels, and the aggregate principal amount tendered [3]. - TDCC will accept for payment up to the Tender Cap of securities validly tendered, as the total purchase price exceeds the Tender Cap, indicating no further tenders are expected to be accepted [4]. Important Dates and Conditions - The withdrawal deadline for the tender offer was set for March 10, 2025, and has not been extended, meaning previously tendered securities cannot be withdrawn [5]. - The pricing of the Total Consideration for each series of securities is expected to occur on March 11, 2025, with the early settlement date anticipated for March 13, 2025 [6][5]. Securities Management - Securities that are validly tendered and accepted will be purchased, retired, and canceled on the Early Settlement Date, reflecting a proactive approach to debt management [7]. - TDCC's obligation to accept securities is not subject to a minimum amount but is contingent upon the satisfaction of various conditions outlined in the Offer to Purchase [8]. Dealer Managers - TDCC has engaged Citigroup Global Markets Inc. and HSBC Securities (USA) Inc. as joint lead dealer managers, with RBC Capital Markets, LLC and TD Securities (USA) LLC acting as co-dealer managers for the tender offer [9].