IRVING, Texas, Oct. 1, 2025 /PRNewswire/ -- Vistra Corp. (NYSE: VST) (the "Company" or "Vistra") announced today the pricing of a private offering (the "Offering") of $2 billion aggregate principal amount of senior secured notes, consisting of $750 million aggregate principal amount of senior secured notes due 2028 at a price to the public of 99.974% of their face value (the "2028 Notes"), $500 million aggregate principal amount of senior secured notes due 2030 at a price to the public of 99.933% of their f ...

Core Viewpoint - Uniti Group Inc. announced an offering of $900 million in senior secured notes due 2033 to refinance existing debt and fund corporate purposes [1][3]. Group 1: Offering Details - The offering consists of $900,000,000 aggregate principal amount of senior secured notes due 2033 [1]. - The notes will be guaranteed on a senior unsecured basis by Uniti Group Inc. and on a senior secured basis by the Issuer's subsidiaries [1]. - The Issuer is also pursuing up to $1,500,000,000 in incremental term loan borrowings under the legacy Windstream credit agreement [2]. Group 2: Use of Proceeds - The net proceeds from the offering and the 2025 Term Loan will be used to redeem the outstanding 10.50% senior secured notes due 2028 and cover related expenses [3]. - Any remaining proceeds will be allocated for general corporate purposes [3]. Group 3: Regulatory and Legal Considerations - The notes will not be registered under the Securities Act of 1933 and will be offered only to qualified institutional buyers [4]. - The press release does not constitute an offer to sell or a solicitation of an offer to buy the securities [5]. Group 4: Company Overview - Uniti is a fiber provider focused on enabling connectivity across the United States, serving over a million consumers and businesses [6].

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Group 1 - American Axle & Manufacturing Holdings, Inc. announced the intention to offer $843 million of senior secured notes due 2032 and $600 million of senior unsecured notes due 2033 [1] - The offering is subject to market and other conditions [1] - The notes are being issued by the company's wholly-owned subsidiary, American Axle & Manufacturing, Inc. [1]

Core Viewpoint - DuPont is planning to spin off its electronics business, Qnity Electronics, Inc., and is offering $1.5 billion in senior secured notes and $1.0 billion in senior unsecured notes to finance this transaction [1][2][3]. Group 1: Spin-Off Details - The spin-off is targeted for completion on November 1, 2025, and will involve a pro rata distribution of Qnity common stock to DuPont's stockholders [1][4][11]. - If the spin-off is not completed by March 31, 2026, or under certain conditions, the notes will be subject to special mandatory redemption [4]. Group 2: Financial Offering - Qnity plans to offer $1.5 billion in senior secured notes due 2032 and $1.0 billion in senior unsecured notes due 2033 [1][2]. - The gross proceeds from the offering will be held in escrow and released upon the completion of the spin-off [3]. Group 3: Guarantees and Security - The unsecured notes will be guaranteed on a senior unsecured basis, while the secured notes will be guaranteed on a senior secured basis by Qnity's subsidiaries [2]. - The secured notes will be backed by first priority liens on collateral that secures Qnity's obligations under its planned senior secured credit facilities [2]. Group 4: Company Background - Qnity is a technology solutions provider in the semiconductor value chain, focusing on AI, high-performance computing, and advanced connectivity [7]. - DuPont is a global leader in innovation, providing technology-based materials and solutions across various industries, including electronics [9].

Group 1 - Maritime Resources Corp. has fully repaid the US$5 million principal amount of its senior secured notes due August 14, 2025, along with accrued interest for July 2025 [1][2] - The repayment was funded through proceeds from a recently completed brokered private placement offering of common shares [1] - The company is now debt-free following the repayment of the notes [2] Group 2 - Maritime Resources Corp. is focused on advancing the Hammerdown Gold Project in Newfoundland and Labrador, a prominent mining jurisdiction [2] - The company holds a 100% interest in the Hammerdown gold mine and the Orion gold project, along with over 439 km² of exploration land [2] - Maritime owns mineral processing assets in the Baie Verte mining district, including the Pine Cove mill and the Nugget Pond gold circuit [2]

Core Viewpoint - Century Aluminum Company has announced a private offering of $400 million in senior secured notes with a 6.875% interest rate, maturing in August 2032, aimed at refinancing existing debt and repaying borrowings [1][2][3]. Group 1: Offering Details - The Secured Notes will be issued at 100% of their principal amount and will pay interest semi-annually starting February 1, 2026 [2]. - The offering is expected to close on July 22, 2025, subject to customary closing conditions [2]. - The notes will be guaranteed by Century's domestic restricted subsidiaries and secured by liens on substantially all assets, excluding certain properties [2]. Group 2: Use of Proceeds - Net proceeds from the offering will be utilized to refinance the existing 7.50% Senior Secured Notes due 2028, repay borrowings under credit facilities, and cover related fees and expenses [3]. Group 3: Regulatory Information - The Secured Notes are being offered to qualified institutional buyers under Rule 144A and to certain non-U.S. persons under Regulation S, and have not been registered under the Securities Act [4].

Core Viewpoint - Unisys Corporation successfully closed a $700 million offering of 10.625% Senior Secured Notes due 2031, aimed at refinancing existing debt and strengthening its financial position [1][2]. Financing and Use of Proceeds - The net proceeds from the Senior Secured Notes will be used to finance a tender offer for its outstanding 6.875% senior secured notes due 2027, fund a portion of its long-term pension deficit, and cover general corporate purposes [1][2]. - The company plans to redeem any remaining outstanding Existing Notes after the tender offer and consent solicitation [1]. Financial Structure and Guarantees - The Senior Secured Notes are guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of the company and its subsidiaries [2]. - The offering is structured to ensure that the Senior Secured Notes and guarantees are subordinated to the liens on ABL collateral in favor of ABL secured parties [2]. Credit Facility Amendment - Unisys amended its secured Asset-Based Lending (ABL) credit facility, maintaining it at $125 million with an option to increase to $155 million, and extended the maturity date to June 2030 [7].

Core Viewpoint - Unisys Corporation is issuing $700 million in Senior Secured Notes due 2031 to finance a cash tender offer for its existing notes and other corporate purposes [1][3]. Group 1: Senior Secured Notes Offering - Unisys announced the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 through a private offering [1]. - The Senior Secured Notes will bear an interest rate of 10.625% per year, payable semiannually starting January 15, 2026 [5]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Tender Offer and Consent Solicitation - Concurrently, Unisys initiated a cash tender offer to purchase all outstanding $485 million of its 6.875% Senior Secured Notes due November 1, 2027 [2]. - The company is soliciting consents to amend the existing indenture governing the terms of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [2]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering [7]. Group 3: Use of Proceeds - The net proceeds from the Senior Secured Notes offering will be used to finance the Tender Offer and Consent Solicitation, redeem remaining Existing Notes, fund a portion of the long-term pension deficit, and for general corporate purposes [3]. Group 4: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and the subsidiary guarantors [4].

Core Viewpoint - Sachem Capital Corp. has successfully completed a private placement of $100 million in Senior Secured Notes, enhancing its financial flexibility and enabling the repayment of existing obligations and the origination of new loans [1][3]. Financing Details - The private placement consists of five-year Senior Secured Notes due June 11, 2030, with an interest rate of 9.875% per annum, payable quarterly [1]. - An initial draw of $50 million was made at closing, with the remaining $50 million to be drawn by May 15, 2026 [1]. - The Notes are fully guaranteed by the Company and its subsidiary, and have received an investment grade rating of A from Egan-Jones Ratings Company [1]. Use of Proceeds - The proceeds from the Notes will be utilized for repaying existing facility balances, originating new investments, and redeeming 7.75% unsecured notes maturing in September 2025 [2]. Company Overview - Sachem Capital Corp. is a mortgage REIT that specializes in originating, underwriting, funding, servicing, and managing a portfolio of loans secured by first mortgages on real property [7]. - The Company provides short-term secured, nonbanking loans to real estate investors for property acquisition, renovation, and development, with a conservative loan-to-value ratio as its primary underwriting criterion [7].