U.Today – According to crypto analyst Lark Davis, at the handle “TheCryptoLark” on X, is up 356% since this cycle’s low. In a tweet, Cryptolark noted that Bitcoin’s current price performance is remarkably similar to what was seen in the last two market cycles. BTC has surged 356% since thisContinue Reading
skynesher/E+ via Getty Images Cinemark (NYSE:CNK) said its unit plans to offer $500 million aggregate principal amount of senior notes due 2032 in a private placement. Cinemark USA intends to use the net proceeds to fund a cash tender offer to purchase any and all of its 5.875% senior notesContinue Reading
AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, each a wholly-owned subsidiary of AerCap Holdings N.V. (NYSE:AER) priced an offering of $750 million aggregate principal amount of the Issuers’ Fixed-Rate Reset Junior Subordinated Notes due 2055. The Notes will be issued with an initial interest rate ofContinue Reading
YvanDube/E+ via Getty Images Welltower (NYSE:WELL) said its operating company has launched an offering of $750 million aggregate principal amount of exchangeable senior notes due 2029 in a private placement. The firm also intends to grant the initial purchasers of the notes an option to purchase up to an additionalContinue Reading
InterDigital (NASDAQ:IDCC) said that pursuant to the terms of the indenture governing its 3.50% senior convertible notes due 2027, the notes are convertible during its calendar quarter ending September 30, 2024. The current conversion rate of the notes is 12.9041 shares of IDCC per $1,000 principal amount of the notes.Continue Reading
NextDecade (NASDAQ:NEXT) on Monday announced its subsidiary Rio Grande LNG has issued $1.115B of senior secured notes in a private placement. The senior secured notes will accrue interest at a fixed rate of 6.58%. The company said that the net proceeds from the offering will be utilized to reduce outstandingContinue 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
Trinity Capital (NASDAQ:TRIN) on Friday announced an adjustment to the conversion rate of its 6.00% convertible notes due 2025 as a result of the company’s cash dividend of $0.51 per share, payable on July 15, to stockholders of record as of June 28. The ex-dividend date for dividend was JuneContinue Reading
lapandr/iStock via Getty Images B&G Foods (NYSE:BGS) priced an offering of an additional $250M aggregate principal amount of 8.000% senior secured notes due 2028. The new senior secured notes are being issued at a price of 100.5% plus accrued and unpaid interest from March 15, 2024. B&G Foods expects toContinue Reading
Pembina Pipeline (NYSE:PBA) agreed to issue $950M aggregate principal amount of senior unsecured medium-term notes. The offering will be conducted in three tranches consisting of: (i) $650M senior unsecured medium-term notes maturing on June 28, 2033; (ii) $150M principal amount to be issued through a re-opening of the company’s seniorContinue Reading
