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Fairfax Completes C$650 Million Senior Notes Offering
Globenewswire· 2026-02-27 13:24
Core Viewpoint - Fairfax Financial Holdings Limited has successfully completed an offering of C$400 million in 4.40% Senior Notes due 2036 and C$250 million in 5.10% Senior Notes due 2055, totaling C$550 million in outstanding notes of this series [1][2]. Group 1: Offering Details - The Senior Notes were offered through a syndicate of dealers led by BMO Nesbitt Burns Inc., CIBC World Markets Inc., RBC Dominion Securities Inc., and Scotia Capital Inc. as joint bookrunners [2]. - The Senior Notes are unsecured obligations of Fairfax [2]. Group 2: Use of Proceeds - Fairfax intends to use the net proceeds from the offering to refinance, repay, or redeem outstanding debt, equity, or other corporate obligations, pursue potential acquisition or investment opportunities, and for general corporate purposes [3]. - Specific determinations regarding the debt, equity, or corporate obligations to be repaid or redeemed have not yet been made, nor have decisions been made regarding specific acquisitions or investments [3].
CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering
Prnewswire· 2026-02-26 21:05
CNX Resources Corporation Announces Closing of $500 Million Senior Notes Offering [Accessibility Statement] Skip NavigationPITTSBURGH, Feb. 26, 2026 /PRNewswire/ -- CNX Resources Corporation (NYSE: CNX) ("CNX," "we," or "our") today announced the closing of its private placement of $500 million aggregate principal amount of its 5.875% senior notes due 2034 (the "Notes"). The Notes were offered under an indenture, dated February 26, 2026 (the "Indenture"), among CNX, the subsidiary guarantors party thereto a ...
FIS Announces Proposed Offerings of Senior Notes
Businesswire· 2026-02-26 14:26
JACKSONVILLE, Fla.--(BUSINESS WIRE)--FIS® (NYSE: FIS), a global leader in financial technology, today announced that it intends, subject to market and other considerations, to make offerings of senior notes denominated in Euro and U.S. dollars, each in multiple tranches (the "Senior Notes†). FIS intends to use the net proceeds from the Senior Notes offerings for the repayment of short-term indebtedness incurred to finance the acquisition of Global Payments' Issuer Solutions business, with any r. ...
OMNICOM PRICES SENIOR NOTES OFFERINGS
Prnewswire· 2026-02-26 00:09
Core Viewpoint - Omnicom has announced the pricing of public offerings for senior notes totaling $1.7 billion in the U.S. and €600 million in Europe, aimed at refinancing existing debt and supporting general corporate purposes [1]. USD Notes Offering - The USD Notes consist of three tranches: $600 million of 5.300% Senior Notes due 2036, $700 million of 5.000% Senior Notes due 2033, and $400 million of 4.200% Senior Notes due 2029 [1]. - The offerings are expected to close on March 2, 2026, pending customary closing conditions [1]. - The net proceeds will be used to repay $1.4 billion of 3.600% Senior Notes due April 15, 2026, and for general corporate purposes, including working capital, acquisitions, and debt refinancing [1]. Euro Notes Offering - The Euro Notes offering includes €600 million of 3.850% Senior Notes due May 2, 2034, fully guaranteed by Omnicom [1]. - The Euro Notes will rank equally with existing and future unsecured senior indebtedness [1]. - An application will be made for the Euro Notes to be listed on The New York Stock Exchange, subject to approval [1]. Underwriters - Citigroup Global Markets Inc. and Deutsche Bank Securities Inc. are joint global coordinators and book-running managers for the USD Notes offering [1]. - Citigroup Global Markets Limited and Deutsche Bank AG, London Branch are joint global coordinators for the Euro Notes offering [1].
Fairfax Launches C$650 Million Senior Notes Offering
Globenewswire· 2026-02-25 01:50
Not for distribution to U.S. news wire services or dissemination in the United States. The base shelf prospectus is accessible, and the shelf prospectus supplement for this offering will be accessible within two business days, through SEDAR+ TORONTO, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (“Fairfax”) (TSX: FFH and FFH.U) announces that it intends to offer (i) C$400 million in aggregate principal amount of Senior Notes due 2036 (the “2036 Notes”) to be priced at C$99.968 per C$1 ...
GE Vernova Declares Second Quarter 2026 Dividend
Businesswire· 2026-02-17 22:20
Core Viewpoint - GE Vernova has declared a quarterly dividend of $0.50 per share, payable on April 14, 2026, to shareholders of record as of March 17, 2026, with future dividends subject to the Board's discretion based on various financial factors [1]. Company Information - GE Vernova Inc. is a global energy company focused on Power, Wind, and Electrification segments, with a mission to lead the energy transition while decarbonizing the world [1]. - The company is headquartered in Cambridge, Massachusetts, and employs approximately 85,000 people across around 100 countries [1]. Financial Activities - GE Vernova has completed the acquisition of the remaining 50% stake in Prolec GE for $5.275 billion, funded through a mix of cash and debt [1]. - The company has also closed a public offering of Senior Notes amounting to $2.6 billion, intended for general corporate purposes, including financing the Prolec GE acquisition [1].
The Howard Hughes Corporation Closes Offering of Senior Notes
Globenewswire· 2026-02-17 21:05
Core Viewpoint - Howard Hughes Holdings Inc. has successfully completed a $1 billion notes offering, consisting of $500 million in senior notes due 2032 and $500 million in senior notes due 2034, aimed at refinancing existing debt and supporting corporate purposes [1][2]. Group 1: Notes Offering Details - The offering includes $500 million aggregate principal amount of senior notes due 2032 and $500 million aggregate principal amount of senior notes due 2034 [1]. - The net proceeds from the offering will be used to redeem all outstanding 5.375% Senior Notes due 2028, along with related premiums, accrued interest, and expenses [2]. Group 2: Regulatory and Legal Aspects - The notes were offered in a private placement to qualified institutional buyers under Rule 144A of the Securities Act and to non-U.S. persons under Regulation S [3]. - The notes have not been registered under the Securities Act and cannot be sold in the U.S. without registration or an applicable exemption [3][4]. Group 3: Company Overview - Howard Hughes Holdings Inc. is focused on long-term shareholder value through its real estate platform, owning and developing commercial, residential, and mixed-use properties across the U.S. [5]. - The company’s portfolio includes master planned communities and various operating properties in locations such as Greater Houston, Las Vegas, Greater Phoenix, Honolulu, and Columbia, Maryland [5].
CNX Resources Corporation Announces Private Offering of $500 Million of Senior Notes
Prnewswire· 2026-02-17 12:52
Core Viewpoint - CNX Resources Corporation announced a private offering of $500 million in senior notes due 2034, alongside a tender offer to purchase its existing 6.000% senior notes due 2029, indicating a strategic move to manage its debt obligations and optimize its capital structure [1]. Group 1: Offering Details - The company intends to offer $500 million of senior notes, which will be guaranteed by all restricted subsidiaries that guarantee its revolving credit facility [1]. - The tender offer aims to purchase any and all of the 2029 Notes that are validly tendered and not withdrawn, with a conditional notice to redeem any remaining 2029 Notes not purchased [1]. - The net proceeds from the sale of the notes will be used to fund obligations under the tender offer and, if necessary, to redeem any outstanding 2029 Notes [1]. Group 2: Financial Position - As of December 31, 2025, CNX Resources had 9.7 trillion cubic feet equivalent of proved natural gas reserves, highlighting its substantial asset base in the energy sector [1]. - The company is positioned as a premier, ultra-low carbon intensive natural gas development and production company, emphasizing its commitment to responsible resource development and long-term shareholder value [1]. Group 3: Regulatory and Market Context - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers and non-U.S. persons in compliance with relevant regulations [1]. - The offering is subject to market and other conditions, indicating a strategic approach to capital raising in a potentially volatile market environment [1].
Cencora Prices $500 Million 3.950% Senior Notes Due 2029, $500 Million 4.250% Senior Notes Due 2030, $500 Million 4.600% Senior Notes Due 2033, $1.0 Billion 4.900% Senior Notes Due 2036 and $500 Million 5.650% Senior Notes Due 2056
Businesswire· 2026-02-10 22:15
Core Viewpoint - Cencora, Inc. has successfully priced a total of $3.5 billion in senior notes with varying interest rates and maturity dates, indicating strong market demand for its debt offerings [1] Group 1: Debt Offerings - The company priced $500 million of its 3.950% Senior Notes due February 13, 2029 [1] - Additionally, $500 million of its 4.250% Senior Notes due November 15, 2030 was also priced [1] - The company further issued $500 million of its 4.600% Senior Notes due February 13, 2033 [1] - Lastly, Cencora priced $1.0 billion of its 4.900% Senior Notes due February [1]
B. Riley Financial(RILY) - Prospectus
2026-02-10 21:17
As Filed with the U.S. Securities and Exchange Commission on February 10, 2026 Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 _________________________ BRC Group Holdings, Inc. (Exact name of registrant as specified in its charter) _________________________ | Delaware | | | | --- | --- | --- | | | 7389 | 27-0223495 | (State of Incorporation) (Primary Standard Industrial Classification Code Number) ...