Senior debt

LGI Homes Announces Pricing of $300 Million of Unsecured Senior Notes due 2029

Retrieved on: 
Monday, June 14, 2021

The Notes will be initially guaranteed, jointly and severally, on a senior unsecured basis by the Companys subsidiaries that guarantee the Companys obligations under its revolving credit facility.

Key Points: 
  • The Notes will be initially guaranteed, jointly and severally, on a senior unsecured basis by the Companys subsidiaries that guarantee the Companys obligations under its revolving credit facility.
  • The sale of the Notes is expected to be completed on June 28, 2021, subject to customary closing conditions.
  • The Company intends to use the net proceeds from the Offering, plus cash on hand, to fund the previously announced redemption of all of the Companys outstanding 6.875% Senior Notes due 2026 (the 2026 Senior Notes).
  • As of the date of this press release, $300 million aggregate principal amount of the 2026 Senior Notes are outstanding.

Ingles Markets, Incorporated Announces Offering of Senior Notes

Retrieved on: 
Monday, June 14, 2021

Ingles Markets, Incorporated (Ingles or the Company) (NASDAQ: IMKTA) today announced that it is commencing a private offering of $350.0 million aggregate principal amount of senior unsecured notes due 2031 (the Notes).

Key Points: 
  • Ingles Markets, Incorporated (Ingles or the Company) (NASDAQ: IMKTA) today announced that it is commencing a private offering of $350.0 million aggregate principal amount of senior unsecured notes due 2031 (the Notes).
  • The Company intends to use the net proceeds from the offering of the Notes to redeem in full the Companys issued and outstanding 5.75% Senior Notes due 2023 (the 2023 Notes), repay the outstanding balance under its existing credit facility, and pay related fees and expenses.
  • Ingles Markets, Incorporated is a leading grocer with operations in six southeastern states.
  • In conjunction with its supermarket operations, the Company operates neighborhood shopping centers, most of which contain an Ingles supermarket.

APi Group Announces Launch of Senior Notes Offering

Retrieved on: 
Monday, June 14, 2021

APi Group Corporation (NYSE: APG) (APG, APi or the Company) today announced that APi Group DE, Inc., a wholly-owned subsidiary of the Company, intends to offer $300 million aggregate principal amount of Senior Notes due 2029 (the Notes) in a private offering, subject to market and other customary conditions.

Key Points: 
  • APi Group Corporation (NYSE: APG) (APG, APi or the Company) today announced that APi Group DE, Inc., a wholly-owned subsidiary of the Company, intends to offer $300 million aggregate principal amount of Senior Notes due 2029 (the Notes) in a private offering, subject to market and other customary conditions.
  • The Notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company and certain of the Companys existing and future domestic subsidiaries.
  • No assurance can be given that the offering of the Notes will be completed, or, if completed, as to the terms on which it is completed.
  • This press release contains forward-looking statements, including, but not limited to, statements regarding the completion and timing of the offering of the Notes, and the Companys planned use of any proceeds from the offering of the Notes.

Clarivate Announces Pricing of Offering of $1.0 Billion Senior Secured Notes and $1.0 Billion Senior Notes

Retrieved on: 
Friday, June 11, 2021

LONDON, June 11, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of its previously announced private offering (the "Offering") of $1.0 billion of 3.875% senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of 4.875% senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").

Key Points: 
  • LONDON, June 11, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of its previously announced private offering (the "Offering") of $1.0 billion of 3.875% senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of 4.875% senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").
  • The Secured Notes will mature on June 30, 2028 and the Unsecured Notes will mature on June 30, 2029.
  • The Notes will be issued by Clarivate Science Holdings Corporation (the "Issuer"), an indirect wholly-owned subsidiary of Clarivate, on June 24, 2021, subject to customary closing conditions.
  • The Secured Notes are expected to be secured on a first-lien pari passu basis with borrowings under the existing credit facilities and senior secured notes, and the Unsecured Notes will be the Issuer's and such guarantors' unsecured obligations.

Clarivate Announces Pricing of Offering of $1.0 Billion Senior Secured Notes and $1.0 Billion Senior Notes

Retrieved on: 
Friday, June 11, 2021

LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of its previously announced private offering (the "Offering") of $1.0 billion of 3.875% senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of 4.875% senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").

Key Points: 
  • LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the pricing of its previously announced private offering (the "Offering") of $1.0 billion of 3.875% senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of 4.875% senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").
  • The Secured Notes will mature on June 30, 2028 and the Unsecured Notes will mature on June 30, 2029.
  • The Notes will be issued by Clarivate Science Holdings Corporation (the "Issuer"), an indirect wholly-owned subsidiary of Clarivate, on June 24, 2021, subject to customary closing conditions.
  • The Secured Notes are expected to be secured on a first-lien pari passu basis with borrowings under the existing credit facilities and senior secured notes, and the Unsecured Notes will be the Issuer's and such guarantors' unsecured obligations.

Clarivate Announces Commencement of Offering of $1.0 Billion Senior Secured Notes and $1.0 Billion Senior Notes

Retrieved on: 
Thursday, June 10, 2021

LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the commencement of a private offering (the "Offering") of $1.0 billion of senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").

Key Points: 
  • LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the commencement of a private offering (the "Offering") of $1.0 billion of senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").
  • The closing of the Offering is not conditioned on, and will be consummated prior to, closing of the Acquisition.
  • As a result, concurrently with the closing of the Offering, the Issuer will deposit the gross proceeds of the Offering into segregated escrow accounts.
  • The Secured Notes are expected to be secured on a first-lien pari passu basis with borrowings under the existing credit facilities and senior secured notes, and the Unsecured Notes will be the Issuer's and such guarantors' unsecured obligations.

Clarivate Announces Commencement of Offering of $1.0 Billion Senior Secured Notes and $1.0 Billion Senior Notes

Retrieved on: 
Thursday, June 10, 2021

LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the commencement of a private offering (the "Offering") of $1.0 billion of senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").

Key Points: 
  • LONDON, June 10, 2021 /PRNewswire/ -- Clarivate Plc (NYSE: CLVT), a global leader in providing trusted information and insights to accelerate the pace of innovation, announced today the commencement of a private offering (the "Offering") of $1.0 billion of senior secured notes due 2028 (the "Secured Notes") and $1.0 billion of senior notes due 2029 (the "Unsecured Notes" and, together with the Secured Notes, the "Notes").
  • The closing of the Offering is not conditioned on, and will be consummated prior to, closing of the Acquisition.
  • As a result, concurrently with the closing of the Offering, the Issuer will deposit the gross proceeds of the Offering into segregated escrow accounts.
  • The Secured Notes are expected to be secured on a first-lien pari passu basis with borrowings under the existing credit facilities and senior secured notes, and the Unsecured Notes will be the Issuer's and such guarantors' unsecured obligations.

Ladder Announces Pricing of $650 Million Senior Notes Offering

Retrieved on: 
Wednesday, June 9, 2021

Ladder Capital Corp (Ladder, the Company or our) (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the Issuers), have priced a private offering of $650 million in aggregate principal amount of 4.750% Senior Notes due 2029 (the Notes), which represents a $250 million increase from the previously announced size of the offering.

Key Points: 
  • Ladder Capital Corp (Ladder, the Company or our) (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the Issuers), have priced a private offering of $650 million in aggregate principal amount of 4.750% Senior Notes due 2029 (the Notes), which represents a $250 million increase from the previously announced size of the offering.
  • The Notes will be the Issuers senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company and each of the Issuers wholly owned domestic subsidiaries that guarantees their outstanding notes.
  • This press release does not constitute an offer to sell the Notes or a solicitation for an offer to purchase the Notes.
  • Certain statements in this release may constitute forward-looking statements, including those regarding the Notes offering and the intended use of proceeds from the Notes offering.

Ladder Announces Launch of $400 Million Senior Notes Offering

Retrieved on: 
Wednesday, June 9, 2021

Ladder Capital Corp (Ladder, the Company or our) (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the Issuers), have launched a private offering of $400 million in aggregate principal amount of Senior Notes due 2029 (the Notes).

Key Points: 
  • Ladder Capital Corp (Ladder, the Company or our) (NYSE: LADR) announced today that its subsidiaries, Ladder Capital Finance Holdings LLLP and Ladder Capital Finance Corporation (collectively, the Issuers), have launched a private offering of $400 million in aggregate principal amount of Senior Notes due 2029 (the Notes).
  • The Notes will be the Issuers senior unsecured obligations and will be guaranteed on a senior unsecured basis by the Company and each of the Issuers wholly owned domestic subsidiaries that guarantees their outstanding notes.
  • This press release does not constitute an offer to sell the Notes or a solicitation for an offer to purchase the Notes.
  • Certain statements in this release may constitute forward-looking statements, including those regarding the Notes offering and the intended use of proceeds from the Notes offering.

GFL Environmental Inc. Announces Closing of Upsized Offering of US$750 Million of Senior Notes

Retrieved on: 
Wednesday, June 9, 2021

VAUGHAN, ON, June 9, 2021 /PRNewswire/ -GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") today announced that it has closed its previously announced upsized offering of US$750.0 million in aggregate principal amount of 4.750% senior notes due 2029 (the"Notes").

Key Points: 
  • VAUGHAN, ON, June 9, 2021 /PRNewswire/ -GFL Environmental Inc. (NYSE: GFL) (TSX: GFL) ("GFL") today announced that it has closed its previously announced upsized offering of US$750.0 million in aggregate principal amount of 4.750% senior notes due 2029 (the"Notes").
  • GFL will use the net proceeds from the offering of the Notes (the "Notes Offering") to redeem all of its outstanding US$360,000,000 aggregate principal amount of 8.500% Senior Notes due 2027 (the"2027 Unsecured Notes") and to pay related fees, premiums and accrued and unpaid interest on the 2027 Unsecured Notes.
  • The 2027 Unsecured Notes are expected to be redeemed in full on June 11, 2021.
  • This release includes certain "forward-looking statements", including statements relating to the use of proceeds of the recently completed note offering.