Wipada Wipawin Healthcare REIT Welltower (NYSE:WELL) priced and upsized its $750M debt offering announced on July 8 to a $900M private placement of 3.125% exchangeable senior notes offering. The offering, launched by the operating company Welltower OP, was made to institutional buyers. The initial purchasers were granted an option toContinue Reading
artoleshko Debt levels are a big worry, with both presidential candidates adding trillions to the national deficit during their first terms in office. It’s a problem because measures like tax increases and spending cuts are not popular with voters who only consider four years at a time, while it canContinue Reading
XP (NASDAQ:XP) said on Friday that it has priced an offering of $500 million in the principal amount of 6.750% senior unsecured notes due in 2029. The notes will be guaranteed by XP Investimentos S.A. The transaction is expected to close on July 2, 2024. The company intends to useContinue Reading
Atomic Minerals (TSXV:ATOM:CA) has received TSX Venture Exchange approval for a debt settlement agreement with an arm’s length third party, it said Friday after market. Atomic Minerals (ATOM:CA) has allotted and issued an aggregate of 458,182 common shares in the capital of the company at a deemed price of $0.055Continue Reading
buzbuzzer/E+ via Getty Images Global Net Lease (NYSE:GNL) disposed a portfolio of nine cold storage properties that are currently leased to subsidiaries of Americold Realty Trust (COLD) for $170M, at a 7.88% cash cap rate on 3.3 years of weighted average remaining lease-term. The disposition aligns with the company’s FYContinue Reading
Brett_Hondow/iStock Editorial via Getty Images Shares of home goods retailer Conn’s Inc. (NASDAQ:CONN) quickly dropped 16% after a report that the company hired advisers to help with the firm’s debt and to integrate a chain of stores it bought last year. Conn’s hired Houlihan Lokey Inc. as a financial adviserContinue Reading
SolarEdge Technologies (NASDAQ:SEDG) has priced its private offering of $300M convertible senior notes due 2029. The notes will bear interest at 2.25% per year, payable semiannually, beginning on January 1, 2025. They will mature on July 1, 2029, unless earlier repurchased, redeemed or converted. Initial purchasers will have a 13-dayContinue Reading
Regis (RGS) entered a new senior secured credit facility with TCW Asset Management Company, whereby a $105M term loan replaces the company’s existing debt, reducing outstanding indebtedness by more than $80M and saving ~$7M in cash interest annually. In addition to the term loan, the company will have access toContinue Reading
Waste Management (NYSE:WM) has priced a public offering of $1.5 billion principal amount of senior notes, which includes $750 million principal amount of 4.950% senior notes due July 3, 2027; and $750 million principal amount of 4.950% senior notes due July 3, 2031. The notes will be guaranteed by theContinue Reading
Colleen Michaels/iStock Editorial via Getty Images Confidential discussions are underway between AMC Entertainment Holdings (NYSE:AMC) and some of its lenders to reduce the company’s debt load and extend near-term maturities, Bloomberg News reported Saturday, citing people familiar with the matter. The negotiations are in progress, and a final decision hasn’tContinue Reading
