Arrears

Ivanhoe Mines Announces Offering of US$500 Million Convertible Senior Notes

Retrieved on: 
Thursday, March 11, 2021
Money, Finance, Debt, Convertibility, Foreign exchange market, Metallism, Arrears, Convertible security, Economy, Ivanhoe Mines

Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering").
  • The Notes will accrue interest payable semi-annually in arrears and will mature on April 15, 2026, unless earlier repurchased, redeemed or converted.
  • The Notes will not be redeemable at the company's option prior to April 22, 2024, except upon the occurrence of certain tax law changes.
  • The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Offering.

BlackLine, Inc. Announces Proposed Private Offering of $1 Billion of Convertible Senior Notes

Retrieved on: 
Tuesday, March 9, 2021
Finance, Money, Financial economics, Corporate finance, Stock market, Debt, Equity securities, Convertible security, Stock, Arrears

The notes will be senior unsecured obligations of BlackLine and will accrue interest payable semiannually in arrears.

Key Points: 
  • The notes will be senior unsecured obligations of BlackLine and will accrue interest payable semiannually in arrears.
  • The notes will be convertible into cash, shares of BlackLines common stock (common stock) or a combination of cash and shares of BlackLines common stock, at BlackLines election.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
  • BlackLine also intends to use a portion of the net proceeds from this offering for the repurchase of up to $250.0 million principal amount of its outstanding 0.125% Convertible Senior Notes due 2024 (the 2024 Notes).

Eventbrite Announces Proposed Convertible Senior Notes Offering

Retrieved on: 
Monday, March 8, 2021
Data management, Technology, Online, Mobile Entertainment, General Entertainment, Events, Concerts, Entertainment, Other Technology, Software, Internet, Other Entertainment, Mathematical finance, Arrears, Debt, Interest rate

The notes will be senior, unsecured obligations of Eventbrite, will accrue interest payable semi-annually in arrears and will mature on September 15, 2026, unless earlier converted, redeemed or repurchased.

Key Points: 
  • The notes will be senior, unsecured obligations of Eventbrite, will accrue interest payable semi-annually in arrears and will mature on September 15, 2026, unless earlier converted, redeemed or repurchased.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.
  • Eventbrite intends to use the remainder of the net proceeds from the offering for general corporate purposes.
  • Eventbrite may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offer or the notes or its ability to effectively apply the net proceeds as described above.

Airbnb, Inc. Announces Proposed Convertible Senior Notes Offering

Retrieved on: 
Tuesday, March 2, 2021
Airbnb, Sharing economy, Vacation rental, Debt, Arrears, Travel, Economy, Finance

The notes will be senior, unsecured obligations of Airbnb, will accrue interest payable semi-annually in arrears and will mature on March 15, 2026, unless earlier repurchased, redeemed or converted.

Key Points: 
  • The notes will be senior, unsecured obligations of Airbnb, will accrue interest payable semi-annually in arrears and will mature on March 15, 2026, unless earlier repurchased, redeemed or converted.
  • Noteholders will have the right to convert their notes in certain circumstances and during specified periods.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.
  • Airbnb may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offer or the notes or its ability to effectively apply the net proceeds as described above.

Fastly Announces Proposed Private Placement of $750 Million of Convertible Senior Notes

Retrieved on: 
Tuesday, March 2, 2021
Data management, Security, Technology, Software, Networks, Internet, Computing, Computer companies, Fastly, Internet security, Option, Arrears, Internet

Fastly also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $112.5 million aggregate principal amount of notes.

Key Points: 
  • Fastly also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $112.5 million aggregate principal amount of notes.
  • The notes will be general unsecured obligations of Fastly and will accrue interest payable semiannually in arrears.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
  • Fastly expects to use the net proceeds from this offering for working capital and other general corporate purposes.

Beyond Meat, Inc. Announces Proposed Convertible Senior Notes Offering

Retrieved on: 
Monday, March 1, 2021
Arrears, Debt

The notes will be senior, unsecured obligations of Beyond Meat, will accrue interest payable semi-annually in arrears and will mature on March 15, 2027, unless earlier repurchased, redeemed or converted.

Key Points: 
  • The notes will be senior, unsecured obligations of Beyond Meat, will accrue interest payable semi-annually in arrears and will mature on March 15, 2027, unless earlier repurchased, redeemed or converted.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the pricing of the offering.
  • Beyond Meat intends to use the remainder of the net proceeds from the offering for general corporate purposes and working capital.
  • Beyond Meat may not consummate the proposed offering described in this press release and, if the proposed offering is consummated, cannot provide any assurances regarding the final terms of the offering or the notes or its ability to effectively apply the net proceeds as described above.

MannKind Corporation Announces Proposed Private Placement of Convertible Senior Notes

Retrieved on: 
Monday, March 1, 2021
Debt, MannKind Corporation, Thousand Oaks, California, Arrears

MannKind also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $22.5 million aggregate principal amount of notes.

Key Points: 
  • MannKind also intends to grant the initial purchasers of the notes an option to purchase, within a 13-day period beginning on, and including, the date on which the notes are first issued, up to an additional $22.5 million aggregate principal amount of notes.
  • The notes will be general unsecured obligations of MannKind and will accrue interest payable semiannually in arrears.
  • The interest rate, initial conversion rate and other terms of the notes will be determined at the time of pricing of the offering.
  • This press release contains forward-looking statements that involve risks and uncertainties, including statements regarding the anticipated terms of the proposed offering and MannKinds expected use of proceeds from the proposed offering.

The GEO Group, Inc. Announces Exercise in Full of Initial Purchasers' Over-Allotment Option and Closing of Private Offering of 6.50% Exchangeable Senior Notes Due 2026 by Its Subsidiary, GEO Corrections Holdings, Inc.

Retrieved on: 
Thursday, February 25, 2021
Construction & Property, REIT, Operating systems, System software, Software, Graphical user interfaces, GEO, GEOS, Arrears

The notes are guaranteed by GEO and GEOs subsidiaries that are guarantors under GEOs senior credit facility and outstanding senior notes.

Key Points: 
  • The notes are guaranteed by GEO and GEOs subsidiaries that are guarantors under GEOs senior credit facility and outstanding senior notes.
  • The notes will mature on February 23, 2026, unless earlier repurchased or exchanged.
  • Interest will be payable semiannually in arrears on March 1 and September 1 of each year, beginning on September 1, 2021.
  • GEO undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.

Coeur Mining, Inc. Announces Upsize and Pricing of New Senior Notes

Retrieved on: 
Monday, February 22, 2021
Mining, Minerals, Natural Resources, Debt, Arrears

The coupon of the Notes will be 5.125% per year from the date of issuance, payable semi-annually in arrears.

Key Points: 
  • The coupon of the Notes will be 5.125% per year from the date of issuance, payable semi-annually in arrears.
  • The Offering is expected to close on or about March 1, 2021, subject to the satisfaction of various customary closing conditions.
  • The Notes will be fully and unconditionally guaranteed by certain of the Companys subsidiaries.
  • Additionally, Coeur undertakes no obligation to comment on analyses, expectations or statements made by third parties in respect of Coeur, its financial or operating results or its securities.

The GEO Group, Inc. Announces Pricing of Offering of $200 Million of Exchangeable Senior Notes Due 2026 by Its Subsidiary, GEO Corrections Holdings, Inc.

Retrieved on: 
Friday, February 19, 2021
REIT, Law enforcement, Emergency services, Commercial Building & Real Estate, Construction & Property, Public policy, Government, Operating systems, System software, Software, Graphical user interfaces, GEO, GEOS, Arrears

The notes will be guaranteed by GEO and GEOs subsidiaries that are guarantors under GEOs senior credit facility and outstanding senior notes.

Key Points: 
  • The notes will be guaranteed by GEO and GEOs subsidiaries that are guarantors under GEOs senior credit facility and outstanding senior notes.
  • The notes will mature on February 23, 2026, unless earlier repurchased or exchanged.
  • Interest will be payable semiannually in arrears on March 1 and September 1 of each year, beginning on September 1, 2021.
  • GEO undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date hereof.