Securities Act

GCI Liberty Prices $600 Million Upsized Offering of New Senior Notes Due 2028

Thursday, September 24, 2020 - 12:14am

GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer), has priced and agreed to sell to initial purchasers in an upsized private offering $600 million aggregate principal amount of new 4.750% senior notes due 2028 (the 2028 Notes).

Key Points: 
  • GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer), has priced and agreed to sell to initial purchasers in an upsized private offering $600 million aggregate principal amount of new 4.750% senior notes due 2028 (the 2028 Notes).
  • The offering is being made pursuant to an exemption under the Securities Act of 1933, as amended (the Securities Act).
  • This press release shall not constitute a notice of redemption with respect to the 2025 Notes or the 2024 Notes.
  • GCI Libertys assets consist of its subsidiary GCI Holdings, LLC (GCI) and interests in Charter Communications, Liberty Broadband Corporation and Lending Tree.

Hudbay Completes Offering of US$600 Million Aggregate Principal Amount of Senior Notes

Wednesday, September 23, 2020 - 10:00pm

TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE:HBM) today announced that it has completed its previously announced offering of US$600 million aggregate principal amount of 6.125% senior notes due 2029 (the New Notes).

Key Points: 
  • TORONTO, Sept. 23, 2020 (GLOBE NEWSWIRE) -- Hudbay Minerals Inc. (Hudbay or the company) (TSX, NYSE:HBM) today announced that it has completed its previously announced offering of US$600 million aggregate principal amount of 6.125% senior notes due 2029 (the New Notes).
  • Hudbay plans to use the net proceeds from the offering of the New Notes to fund the companys previously announced redemption of all of its outstanding US$400 million aggregate principal amount of 7.250% senior notes due 2023 (the 2023 Notes), pay any related premium, costs and expenses and for general corporate purposes.
  • The New Notes will not be registered under the U.S. Securities Act of 1933, as amended (the Securities Act), or the securities laws of any other jurisdiction.
  • The New Notes will not be qualified by a prospectus in Canada.

GCI Liberty Announces $350 Million Offering of Proposed New Senior Notes Due 2028

Wednesday, September 23, 2020 - 1:28pm

GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer), intends to issue $350 million of new senior notes due 2028 (the 2028 Notes) in a private offering.

Key Points: 
  • GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) announced today that its wholly-owned subsidiary, GCI, LLC (the Issuer), intends to issue $350 million of new senior notes due 2028 (the 2028 Notes) in a private offering.
  • The Issuer will make the offering pursuant to an exemption under the Securities Act of 1933, as amended (the Securities Act).
  • GCI Liberty, Inc. (Nasdaq: GLIBA, GLIBP) operates and owns interests in a broad range of communications businesses.
  • GCI Libertys assets consist of its subsidiary GCI Holdings, LLC (GCI) and interests in Charter Communications, Liberty Broadband Corporation and Lending Tree.

SolarEdge Technologies, Inc. Announces Pricing of Private Offering of $550 Million of 0.00% Convertible Senior Notes due 2025

Wednesday, September 23, 2020 - 12:00pm

SolarEdge Technologies, Inc. (Nasdaq: SEDG) (SolarEdge) today announced the pricing of $550 million aggregate principal amount of 0.00% Convertible Senior Notes due 2025 (the Notes) in a private offering (the Offering) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • SolarEdge Technologies, Inc. (Nasdaq: SEDG) (SolarEdge) today announced the pricing of $550 million aggregate principal amount of 0.00% Convertible Senior Notes due 2025 (the Notes) in a private offering (the Offering) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act).
  • In connection with the Offering, SolarEdge has granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $82.5 million aggregate principal amount of the Notes on the same terms and conditions.
  • The sale of the Notes to the initial purchasers is expected to settle on September 25, 2020, subject to customary closing conditions.
  • The Notes will mature on September 15, 2025, unless earlier repurchased or converted in accordance with their terms prior to such date.

Palantir Posts Investor Day Webcast and Live Q&A Recordings, Including Management Presentation

Tuesday, September 22, 2020 - 10:23pm

A registration statement relating to Palantir securities was filed with, and has been declared effective by, the SEC.

Key Points: 
  • A registration statement relating to Palantir securities was filed with, and has been declared effective by, the SEC.
  • No offer of securities shall be made except by means of a prospectus meeting the requirements of Section 10 of the United States Securities Act of 1933, as amended.
  • When available, a copy of the prospectus related to the registration statement may be obtained from Palantir Technologies Inc., c/o Investor Relations, 1555 Blake Street, Suite 250, Denver, Colorado 80202, or by email at investors@palantir.com .
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20200922006048/en/

Blackstone Prices $900 Million Senior Notes Offering

Tuesday, September 22, 2020 - 9:15pm

Blackstone (NYSE: BX) priced its offering of $500 million of 1.600% senior notes due 2031 and $400 million of 2.800% senior notes due 2050 of Blackstone Holdings Finance Co.

Key Points: 
  • Blackstone (NYSE: BX) priced its offering of $500 million of 1.600% senior notes due 2031 and $400 million of 2.800% senior notes due 2050 of Blackstone Holdings Finance Co.
  • The notes will be fully and unconditionally guaranteed by The Blackstone Group Inc. and its indirect subsidiaries, Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. Blackstone intends to use the proceeds from the notes offering for general corporate purposes.
  • The notes were offered and sold to qualified institutional buyers in the United States pursuant to Rule 144A and outside the United States pursuant to Regulation S under the Securities Act of 1933.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act of 1933.

T-Mobile Announces Proposed Offering of Senior Secured Notes

Tuesday, September 22, 2020 - 1:48pm

T-Mobile USA intends to use the net proceeds from the offering for refinancing existing indebtedness on an ongoing basis, or other general corporate purposes.

Key Points: 
  • T-Mobile USA intends to use the net proceeds from the offering for refinancing existing indebtedness on an ongoing basis, or other general corporate purposes.
  • The notes will be offered and sold only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A and in offshore transactions in reliance on Regulation S under the Securities Act.
  • This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act.
  • All statements, other than statements of historical fact, including information concerning the planned private offering, are forward-looking statements.

Scott+Scott Attorneys at Law LLP Files Securities Class Action Against NextCure Inc.

Tuesday, September 22, 2020 - 1:54am

Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, today announced that it has filed a class action lawsuit against NextCure, Inc. (NextCure or the Company), certain directors and officers of the Company, and the underwriters of NextCures November 2019 public offering (collectively, Defendants).

Key Points: 
  • Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, today announced that it has filed a class action lawsuit against NextCure, Inc. (NextCure or the Company), certain directors and officers of the Company, and the underwriters of NextCures November 2019 public offering (collectively, Defendants).
  • 78j(b) and 78t(a), and U.S. Securities and Exchange Commission (SEC) Rule 10b-5 promulgated thereunder, , 17 C.F.R.
  • 240.10b-5, on behalf of investors who purchased NextCure securities between November 5, 2019 and July 14, 2020, inclusive (the Class Period) and who were damaged thereby (the Class).
  • The action also asserts claims under 11 and 15 of the Securities Act of 1933 (the Securities Act), 15 U.S.C.

NuCana Announces Closing of Public Offering of American Depositary Shares and Full Exercise of Underwriters’ Option to Purchase Additional American Depositary Shares

Monday, September 21, 2020 - 9:01pm

The aggregate gross proceeds to NuCana from the offering, before deducting underwriting discounts and commissions and estimated offering expenses were $80.5 million.

Key Points: 
  • The aggregate gross proceeds to NuCana from the offering, before deducting underwriting discounts and commissions and estimated offering expenses were $80.5 million.
  • Jefferies, Cowen, William Blair, and Truist Securities acted as joint book-running managers for the offering.
  • This offering was made only by means of a prospectus supplement and accompanying prospectus that form a part of the registration statement.
  • Forward-looking statements represent the Companys beliefs and assumptions only as of the date of this press release.

Trulieve Announces Closing of Underwritten Offering of Subordinate Voting Shares

Monday, September 21, 2020 - 2:02pm

Net proceeds from the Offering are expected to be used primarily to fund Trulieves business development and for general working capital purposes.

Key Points: 
  • Net proceeds from the Offering are expected to be used primarily to fund Trulieves business development and for general working capital purposes.
  • The Company has made the required filings to list the Offered Securities on the Canadian Securities Exchange.
  • The subordinate voting shares have not been and nor will they be registered under the U.S. Securities Act or any state securities laws.
  • Trulieve is listed on the Canadian Securities Exchange under the symbol TRUL and trades on the OTCQX Best Market under the symbol TCNNF.