Credit
FOR
Forestar Group Inc. announced the expiration and final results of its cash tender offer for its 3.850% Senior Notes due 2026.
Portfolio Pulse from
March 12, 2025 | 10:45 am
STWD
Starwood Property Trust's dividend is at risk due to a 100% pay-out ratio and declining distributable profits. The trust's portfolio decreased by $2.0 billion YoY, reflecting a challenging credit environment and high office vacancies. The stock is now rated 'Hold'.
Portfolio Pulse from
March 12, 2025 | 8:30 am
RIO
Rio Tinto Finance (USA) plc has priced $9 billion in fixed and floating rate notes, guaranteed by Rio Tinto plc and Rio Tinto Limited. The issuance includes eight tranches with varying maturities and interest rates.
Portfolio Pulse from
March 12, 2025 | 7:30 am
LCII
LCI Industries has announced the pricing of a $400 million offering of 3.00% convertible senior notes due 2030. The private placement is aimed at qualified institutional buyers under Rule 144A of the Securities Act.
Portfolio Pulse from
March 12, 2025 | 3:30 am
KLXE
KLX Energy Services Holdings, Inc. has rescheduled its 2024 Fourth Quarter/Year End Conference Call to March 13, 2025, and expects to close its refinancing transactions on March 12, 2025.
Portfolio Pulse from
March 12, 2025 | 12:15 am
K
Mars, Incorporated announced the expiration and results of consent solicitations related to Kellanova's senior notes. The proposed amendments and Mars Guarantee will only be effective if the acquisition is completed.
Portfolio Pulse from
March 12, 2025 | 12:00 am
BAH
Booz Allen Hamilton has announced the pricing of $650 million in 5.950% Senior Notes due 2035, expected to close on March 14, 2025. The notes will be fully and unconditionally guaranteed by Booz Allen on a senior unsecured basis.
Portfolio Pulse from
March 11, 2025 | 11:30 pm
NTR
Nutrien Ltd. has announced the pricing of $1 billion in senior notes, with $400 million due in 2027 and $600 million due in 2032. The offering is expected to close by March 13, 2025, and proceeds will be used for debt repayment.
Portfolio Pulse from
March 11, 2025 | 11:00 pm
OGOFF
Organto Foods Inc. announced that Antares Capital Management Ltd. has acquired over 67% of its outstanding 8.0% convertible debentures due November 2026, with a face value of $8,050,000.
Portfolio Pulse from
March 11, 2025 | 9:30 pm
AGFAD
Digicann Ventures Ltd. has announced an agreement to extend the maturity date of its 10.00% Senior Unsecured Convertible Debentures by one year, from March 12, 2025, to March 12, 2026.
Portfolio Pulse from
March 11, 2025 | 9:15 pm
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