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Cenovus announces closing of $2.6 billion offering of senior notes and redemption of select notes
Globenewswire· 2025-11-20 15:16
Core Viewpoint - Cenovus Energy Inc. has successfully completed a public offering of $2.6 billion in senior notes to refinance existing debt and for general corporate purposes [1][3]. Group 1: Offering Details - The offering consists of $650 million of 4.250% senior unsecured notes due 2033, $550 million of 4.600% senior unsecured notes due 2035, US$500 million of 4.650% senior unsecured notes due 2031, and US$500 million of 5.400% senior unsecured notes due 2036 [1]. - The offering was conducted under Cenovus's short form base shelf prospectus dated November 3, 2023, and prospectus supplements dated November 18, 2025 [1]. Group 2: Redemption of Existing Notes - Cenovus will redeem its entire outstanding principal amount of $750 million, 3.600% notes due March 10, 2027, US$373 million, 4.250% notes due April 15, 2027, and MEG Energy Corp.'s US$600 million, 5.875% notes due February 1, 2029 [2]. - The redemption of the 4.250% and 5.875% notes is scheduled for December 1, 2025, while the 3.600% notes will be redeemed on December 22, 2025 [2]. Group 3: Use of Proceeds - The net proceeds from the offering will be utilized to refinance the aforementioned notes and for general corporate purposes [3].
Unum Group Completes Senior Notes Offering
Businesswire· 2025-11-14 21:15
CHATTANOOGA, Tenn.--(BUSINESS WIRE)--Unum Group (NYSE: UNM) announced today that it has completed an offering of $300 million aggregate principal amount of senior notes due in 2035 with an annual coupon rate of 5.250 percent. The net proceeds from the sale of the senior notes will be used for general corporate purposes, including the replacement of cash and cash equivalents used to repay the $275 million aggregate principal amount of the company's 3.875% senior notes due 2025 that matured on No. ...
Gartner Announces Pricing of $800 million of Senior Notes
Businesswire· 2025-11-13 23:29
Core Points - Gartner, Inc. announced the pricing of its registered public offering of $800 million aggregate principal amount of senior notes [1] - The offering consists of $350 million principal amount of 4.950% Senior Notes due 2031 and $450 million principal amount of 5.600% Senior Notes due 2035 [1] - The 2031 Notes were priced at an issue price of 99.970% and the 2035 Notes were priced at an issue price not specified in the excerpt [1]
Acushnet Holdings Corp. Announces Pricing of Offering of Senior Notes
Businesswire· 2025-11-12 22:21
FAIRHAVEN, Mass.--(BUSINESS WIRE)--Acushnet Holdings Corp. (NYSE: GOLF) today announced that its wholly-owned subsidiary, Acushnet Company (the "Issuer†), priced an offering of $500,000,000 in aggregate principal amount of senior notes (the "Notes†). The proceeds from the Notes offering will be used (i) to redeem all $350,000,000 aggregate principal amount of the Issuer's outstanding 7.375% Senior Notes due 2028 (the "2028 Notes†), (ii) to repay a portion of the amount outstanding under the Iss. ...
Enterprise Prices $1.65 Billion Aggregate Principal Amount of Senior Notes
Businesswire· 2025-11-10 22:50
HOUSTON--(BUSINESS WIRE)--Enterprise Products Partners L.P. (NYSE:EPD) ("Enterprise†) today announced that its operating subsidiary, Enterprise Products Operating LLC ("EPO†), has priced a public offering of $1.65 billion aggregate principal amount of notes comprised of (i) $300 million principal amount of senior notes due June 20, 2028 ("Reopened Senior Notes LLL†), (ii) $600 million principal amount of senior notes due January 15, 2031 ("Reopened Senior Notes MMM†), and (iii) $750 million pri. ...
Targa Resources Corp. Prices $1.75 Billion Offering of Senior Notes
Globenewswire· 2025-11-06 22:48
Core Viewpoint - Targa Resources Corp. has announced a public offering of $750 million in 4.350% Senior Notes due 2029 and $1.0 billion in 5.400% Senior Notes due 2036, with the offering expected to close on November 12, 2025, subject to customary conditions [1][2]. Group 1: Offering Details - The offering includes $750 million of 4.350% Senior Notes due 2029 priced at 99.938% of face value and $1.0 billion of 5.400% Senior Notes due 2036 priced at 99.920% of face value [1]. - The net proceeds from the offering will be used to redeem the 6.875% Senior Notes due 2029 and for general corporate purposes, including repaying borrowings and funding capital expenditures [2]. Group 2: Company Overview - Targa Resources Corp. is a leading provider of midstream services and one of the largest independent infrastructure companies in North America, focusing on the delivery of energy across the U.S. and internationally [4]. - The company operates a diversified portfolio of infrastructure assets that connect natural gas and natural gas liquids to markets with increasing demand for cleaner fuels [4].
Danaos Corporation Announces Date for the Release of Third Quarter 2025 Results, Conference Call and Webcast
Prnewswire· 2025-11-06 12:30
Core Points - Danaos Corporation will release its third quarter results for the period ending September 30, 2025, after the market closes on November 17, 2025 [1] - A conference call to discuss the results is scheduled for November 18, 2025, at 9:00 A.M. ET [1] - The company is one of the largest independent owners of containerships, with a fleet of 74 containerships totaling 471,477 TEUs and 18 additional vessels under construction [4] Conference Call Details - Participants can join the conference call by dialing in 10 minutes prior to the scheduled time using specific toll-free numbers for the U.S. and U.K., as well as a standard international dial-in number [1] - A telephonic replay of the conference call will be available until November 25, 2025, with specific dial-in numbers and access code provided [2] - An audio webcast of the conference call will be available on the Danaos Corporation website, with an archived version accessible within 48 hours post-call [3] Company Overview - Danaos Corporation operates a fleet of 74 containerships and has recently invested in the drybulk sector with the acquisition of 10 Capesize drybulk vessels [4] - The company’s vessels are chartered to major liner companies on fixed-rate charters, highlighting its operational efficiency and environmental controls [4] - Danaos Corporation's shares are traded on the New York Stock Exchange under the symbol "DAC" [4]
NEXT Properties announces debt exchange offers for six series of Fibra Uno's senior unsecured notes
Globenewswire· 2025-11-06 04:46
Core Viewpoint - NEXT Properties has initiated six separate exchange offers for outstanding senior notes issued by Fibra Uno, allowing holders to exchange their existing notes for new senior notes under specified terms and conditions [1][7]. Summary by Relevant Sections Exchange Offers Overview - The exchange offers include a maximum exchange amount of US$387,500,000 for 4.869% Senior Notes due 2030, US$150,000,000 for 7.700% Senior Sustainability-Linked Notes due 2032, US$300,000,000 for 7.375% Senior Green Notes due 2034, and additional amounts for notes due in 2037, 2044, and 2050 [5][6][10]. Consideration Details - Eligible holders who tender their FUNO Notes by the Early Tender Date will receive a Total Consideration of US$1,000.00 per US$1,000.00 principal amount of new notes, which includes an Early Tender Premium of US$50.00 [9][10]. - For FUNO 2037 Notes, the Total Consideration is US$1,040.00 per US$1,000.00 principal amount if tendered by the Early Tender Date [9][10]. Tender Process and Deadlines - The exchange offers will expire on December 5, 2025, with an Early Tender Date set for November 19, 2025. Holders can withdraw their tendered notes before the Withdrawal Deadline [8][9]. - The New Issuer reserves the right to extend the deadlines and may accept all validly tendered notes subject to Maximum Exchange Amounts [15][16]. Additional Payments - Holders whose notes are accepted for exchange will also receive accrued interest payments in cash from the last interest payment date up to the settlement date [12][14]. Regulatory and Eligibility Information - The New Notes will not be registered under the U.S. Securities Act and are offered only to Qualified Institutional Buyers and certain non-U.S. holders [20][21]. - The exchange offers are not approved by any regulatory authority, and the New Notes are subject to transfer restrictions [17][21].
Williams' Transco Prices Private Debt Issuance
Businesswire· 2025-11-05 23:38
Core Viewpoint - Transcontinental Gas Pipe Line Company, LLC has successfully priced its offering of senior notes, indicating strong market interest and favorable conditions for debt issuance [1] Group 1: Offering Details - The company announced an offering of senior notes totaling $1.0 billion in aggregate principal amount, due in 2036, priced with a 5.100 percent coupon [1] - The offering price for the 2036 notes was set at 99.936 percent of par, resulting in a yield to investors of 5.109 percent [1] - Additionally, the company is offering $700 million in senior notes due in 2056, although specific pricing details for these notes were not disclosed in the announcement [1]
Kinross to redeem $500 million in Senior Notes on December 4, 2025
Globenewswire· 2025-11-04 22:00
Core Points - Kinross Gold Corporation will redeem all outstanding 4.50% Senior Notes due July 15, 2027, totaling $500 million, on December 4, 2025 [1][2] - After the redemption, Kinross will have $750 million in Senior Notes outstanding, with the next maturity date on July 15, 2033, for $500 million [2] Company Overview - Kinross Gold Corporation is a Canadian-based global senior gold mining company with operations in the United States, Brazil, Mauritania, Chile, and Canada [4] - The company focuses on delivering value through responsible mining, operational excellence, disciplined growth, and maintaining a strong balance sheet [4]