Bond Issue News

LONDON--(BUSINESS WIRE)--Pershing Square Holdings, Ltd. (LN:PSH) (LN:PSHD) (“PSH”) announced today the pricing of €650 million aggregate principal amount of its Senior Notes due 2030 at a coupon of 4.250% per annum (the “Notes”). The net proceeds from the offering of the Notes are expected to be used for general corporate purposes, including to make investments or hold assets in accordance with PSH’s investment policy. Important Notice This announcement does not constitute or form a part of any...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that Excelerate Energy Limited Partnership (the “Issuer”), a subsidiary of Excelerate, has priced its offering (the “Offering”) of $800 million in aggregate principal amount of 8.000% unsecured senior notes due 2030 (the “2030 Notes”). The 2030 Notes will mature on May 15, 2030 and will be issued at par. The Offering is expected to close on May 5, 2025, subject to customary...

MONTREAL--(BUSINESS WIRE)--Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko” or the “Company”) is pleased to announce it will apply to the TSX Venture Exchange (the “Exchange”) to close the first tranche of the non-brokered private placement for aggregate gross proceeds of $411,499.98 through the issuance of 3,048,148 units of the Company (each, a “Unit”) at a price of C$0.135. Each Unit will consist of one common share of the Company and one warrant exerciseable for three years at $0.20. Gordana Slepc...

TORONTO--(BUSINESS WIRE)--Sherritt International Corporation (“Sherritt” or the “Corporation”) (TSX:S) announced today that it has completed its previously announced transaction to extend the maturities of the Corporation’s notes obligations, reduce outstanding indebtedness and annual interest expense, and strengthen the Corporation’s capital structure (the “CBCA Transaction”) pursuant to which, among other things, the Corporation’s previously outstanding 8.50% senior second lien secured notes...

THE WOODLANDS, Texas--(BUSINESS WIRE)--Excelerate Energy, Inc. (NYSE: EE) (“Excelerate” or the “Company”) today announced that Excelerate Energy Limited Partnership (the “Issuer”), a subsidiary of Excelerate, has commenced an offering (the “Offering”) of $700 million in aggregate principal amount of unsecured senior notes due 2030 (the “2030 Notes”). Excelerate intends to use the net proceeds from the Offering, together with the net proceeds from the equity offering previously consummated by th...

LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT Announces Its Flip to Fully Unsecured on Its Senior Credit Facility and Private Placement Notes...

NEWARK, N.J.--(BUSINESS WIRE)--Prudential Financial, Inc. (NYSE: PRU) announced today that it will redeem all of the $1,000,000,000 outstanding aggregate principal amount of its 5.375% Fixed-to-Floating Rate Junior Subordinated Notes due 2045 (CUSIP/ISIN No. 744320AV4 / US744320AV41) (the “Notes”). The Notes will be redeemed on May 15, 2025 at a redemption price equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest to, but excluding, the redemption date. A notice...

GARDEN GROVE, Calif.--(BUSINESS WIRE)--US Metro Bancorp (OTCQX: USMT): US Metro Bancorp (“Bancorp”), the parent company of US Metro Bank (“Bank”), today announced the successful closing of its private placement of $15.9 million aggregate principal amount 6.00% Fixed Interest Rate Subordinated Debt Notes (the “Notes”) on March 31, 2025. The Notes will mature on March 31, 2028, and will bear interest at a rate equal to 6.00% per annum payable on a quarterly basis in arrears. Bancorp will use the...

NEW YORK--(BUSINESS WIRE)--Better Home & Finance Holding Company (NASDAQ: BETR; BETRW) (“Better” or “Better.com” or “the Company”), the leading AI home finance company with over $100 billion of mortgages funded on its Tinman™ AI platform, today reported that it has restructured its outstanding convertible notes with its lender to retire approximately $530 million of outstanding debt in exchange for a one-time cash consideration of $110 million and the issuance of $155 million of new senior...

NORWALK, Conn.--(BUSINESS WIRE)--Xerox Corporation today announced the closing of its offering of (i) $400,000,000 in aggregate principal amount of 10.250% Senior Secured First Lien Notes due 2030 (the “First Lien Notes”) issued by Xerox Corporation and guaranteed by Xerox Holdings Corporation (“Xerox” and, together with Xerox Corporation, the “Company”) and certain of Xerox’s domestic and foreign subsidiaries and (ii) $400,000,000 in aggregate principal amount of 13.500% Senior Secured Second...