Debt-to-GDP ratio

JOYY Inc. Announces Repurchase Right Notification for 1.375% Convertible Senior Notes due 2026

Retrieved on:

Friday, April 12, 2024

Debt-to-GDP ratio, YY, Trust, Depository Trust Company, Exercise, Citibank, PARTIES, CUSIP, Attention, FICC, Repurchase agreement, Note

The Repurchase Right entitles each holder of the 2026 Notes to require the Company to repurchase for cash on June 15, 2024 (the “Repurchase Date”), all of such holder’s 2026 Notes, or any portion thereof that is an integral multiple of US$1,000 principal amount, at a repurchase price that is equal to 100% of the principal amount of the 2026 Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the Repurchase Date, subject to the terms and conditions of the Indenture and the 2026 Notes.

Key Points:

The Repurchase Right entitles each holder of the 2026 Notes to require the Company to repurchase for cash on June 15, 2024 (the “Repurchase Date”), all of such holder’s 2026 Notes, or any portion thereof that is an integral multiple of US$1,000 principal amount, at a repurchase price that is equal to 100% of the principal amount of the 2026 Notes to be repurchased, plus any accrued and unpaid interest to, but excluding, the Repurchase Date, subject to the terms and conditions of the Indenture and the 2026 Notes.
The Repurchase Date is an interest payment date under the terms of the Indenture and the 2026 Notes.
If all outstanding 2026 Notes are surrendered for repurchase through exercise of the Repurchase Right, the aggregate cash repurchase price will be US$406,038,000.
The offer to purchase the 2026 Notes will be only pursuant to, and the 2026 Notes may be tendered only in accordance with, the Company’s Repurchase Right Notice dated April 12, 2024 and related documents.

Transocean Ltd. Announces Pricing of Upsized Private Offering of Senior Notes Due 2029 and Senior Notes Due 2031

Retrieved on:

Thursday, April 11, 2024

Debt-to-GDP ratio, Sale, Tender offer, Transocean, United, Senior, Note, Security (finance)

The 2029 Notes will bear interest at the rate of 8.250% per annum, and the 2031 Notes will bear interest at the rate of 8.500% per annum.

Key Points:

The 2029 Notes will bear interest at the rate of 8.250% per annum, and the 2031 Notes will bear interest at the rate of 8.500% per annum.
The offering is expected to close on or about April 18, 2024, subject to customary closing conditions.
The Company intends to use the remaining net proceeds from the offering for the redemption of other priority guaranteed notes.
The 2025 Priority Guaranteed Notes Redemption is scheduled to occur on April 23, 2024, subject to the completion of the offering.

Gannett Announces First Quarter 2024 Results and Reiterates Business Outlook

Retrieved on:

Thursday, May 2, 2024

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.

Key Points:

Gannett Co., Inc. ("Gannett", "we", "us", "our", or the "Company") (NYSE: GCI) today reported its financial results for the first quarter ended March 31, 2024.
"Our first quarter results reflect an excellent start to the year.
Year-over-year revenue trends were a bright spot in the quarter, reflecting the most pronounced sequential improvement in nearly three years.
This top line momentum gives us confidence in our belief that we'll exit 2024 with total revenues growing over the prior year.

Beazer Homes Reports Second Quarter Fiscal 2024 Results

Retrieved on:

Wednesday, May 1, 2024

Construction & Property, Residential Building & Real Estate, Debt-to-GDP ratio, Sale, BZH, Beazer Homes USA, Beazer, Housing, Trust (social science), Fisher House Foundation, Fisher House, USA Today, ESG, Acquisition, Hatboro, Pennsylvania, ASP, Credit, Growth, Video game

Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today announced its financial results for the three and six months ended March 31, 2024.

Key Points:

Beazer Homes USA, Inc. (NYSE: BZH) ( www.beazer.com ) today announced its financial results for the three and six months ended March 31, 2024.
Net debt to net capitalization ratio of 43.4% at quarter end compared to 42.7% a year ago
The following provides additional details on the Company's performance during the fiscal second quarter 2024:
Profitability.
The dollar value of homes in backlog as of March 31, 2024 was $1.08 billion, representing 2,046 homes, compared to $987.2 million, representing 1,858 homes, at the same time last year.
Finally, Beazer Homes announced the donation of $1.9 million to Fisher House Foundation, representing extensive fundraising efforts by Beazer Homes employees, generous contributions from its partners, and a 150% match by the Beazer Charity Foundation for all donations.

VICI Properties Inc. Announces First Quarter 2024 Results

Retrieved on:

Wednesday, May 1, 2024

VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2024.

Key Points:

VICI Properties Inc. (NYSE: VICI) (“VICI Properties”, “VICI” or the “Company”), an experiential real estate investment trust, today reported results for the quarter ended March 31, 2024.
Total revenues for the quarter included $135.7 million of non-cash leasing and financing adjustments and $19.3 million of other income.
AFFO per share was $0.56 for the quarter, an increase of 6.1% compared to $0.53 for the quarter ended March 31, 2023.
The initial $400.0 million investment will be funded in three quarterly draws based on a fixed funding schedule: $100.0 million in Q2 2024, $150.0 million in Q3 2024 and $150.0 million in Q4 2024.

Herbalife Reports Year-Over-Year Net Sales Growth for Second Consecutive Quarter; Raises Full-Year 2024 Adjusted EBITDA1 Guidance

Retrieved on:

Wednesday, May 1, 2024

Vitamins, Supplements, Health, Fitness & Nutrition, Debt-to-GDP ratio, Herbalife, Summit, Software as a service, Public expenditure, HLF, Senior, Amend, EPS, Line of credit, Multimedia, Adjustment, Growth, Note

View the full release here: https://www.businesswire.com/news/home/20240430842240/en/

Key Points:

View the full release here: https://www.businesswire.com/news/home/20240430842240/en/
“We achieved our second consecutive quarter of year-over-year net sales growth.
We are laser focused on cost reductions, which drove outperformance of our Adjusted EBITDA1 guidance,” said Michael Johnson, Chairman and CEO.
2 Growth/decline in net sales excluding the effects of foreign exchange is based on “net sales in local currency,” a non-GAAP financial measure.
Herbalife reported first quarter 2024 net sales of $1.3 billion, up 1.0% year-over-year.

T-Mobile Agrees to Sell €2.0 Billion of Euro-Denominated Senior Notes

Retrieved on:

Tuesday, April 30, 2024

T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €600,000,000 aggregate principal amount of its 3.550% Senior Notes due 2029 (the “2029 Notes”), €750,000,000 aggregate principal amount of its 3.700% Senior Notes due 2032 (the “2032 Notes”) and €650,000,000 aggregate principal amount of its 3.850% Senior Notes due 2036 (the “2036 Notes,” and collectively with the 2029 Notes and the 2032 Notes, the “notes”) in a registered public offering.

Key Points:

T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €600,000,000 aggregate principal amount of its 3.550% Senior Notes due 2029 (the “2029 Notes”), €750,000,000 aggregate principal amount of its 3.700% Senior Notes due 2032 (the “2032 Notes”) and €650,000,000 aggregate principal amount of its 3.850% Senior Notes due 2036 (the “2036 Notes,” and collectively with the 2029 Notes and the 2032 Notes, the “notes”) in a registered public offering.
The offering of the notes is scheduled to close on May 8, 2024, subject to satisfaction of customary closing conditions.
ING Bank N.V., Belgian Branch, NatWest Markets Plc, PNC Capital Markets LLC and Scotiabank (Ireland) Designated Activity Company are acting as co-managers.
The Issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering of notes to which this communication relates.

Leeward Renewable Energy Operations Announces the Posting of Year End 2023 Financial Results and May 10 Investor Call

Retrieved on:

Wednesday, May 1, 2024

Alternative Energy, Energy, Other Energy, Utilities, LRE, Debt-to-GDP ratio, ESG, CST, Renewable energy

Leeward Renewable Energy Operations, LLC (“LREO”) today announced that it has posted to its secure investor relations site key operating and financial 2023 Year End results.

Key Points:

Leeward Renewable Energy Operations, LLC (“LREO”) today announced that it has posted to its secure investor relations site key operating and financial 2023 Year End results.
Investors who hold LREO’s 4.250% Senior Notes due in 2029, prospective investors, broker-dealers, and securities analysts, are invited to join the investor call.
Details to access the investor call have been posted to LREO’s secure investor relations site.
LREO’s parent company, Leeward Renewable Energy, LLC (LRE), released its inaugural Sustainability Highlights Report in April 2024.

MicroStrategy Announces First Quarter 2024 Financial Results; Now Holds 214,400 BTC

Retrieved on:

Monday, April 29, 2024

We acquired 25,250 additional bitcoins since the end of the fourth quarter, our 14th consecutive quarter of adding more bitcoin to our balance sheet.

Key Points:

We acquired 25,250 additional bitcoins since the end of the fourth quarter, our 14th consecutive quarter of adding more bitcoin to our balance sheet.
Revenues: Total revenues for the first quarter of 2024 were $115.2 million, a 5.5% decrease, or a 5.7% decrease on a non-GAAP constant currency basis, compared to the first quarter of 2023.
Operating Expenses: Operating expenses for the first quarter of 2024 were $288.9 million, a 152.8% increase compared to the first quarter of 2023.
MicroStrategy will be discussing its first quarter 2024 financial results on a live Video Webinar today beginning at approximately 5:00 p.m.

Owens Corning and Masonite Extend Early Participation Deadline and Announce Successful Results of Early Participation in Tender Offer and Consent Solicitation

Retrieved on:

Friday, April 26, 2024

Except as set forth herein, all other terms and conditions of the Tender Offer and Consent Solicitation described in the Statement remain unchanged.

Key Points:

Except as set forth herein, all other terms and conditions of the Tender Offer and Consent Solicitation described in the Statement remain unchanged.
The deadline to withdraw Masonite Notes and revoke related consents tendered and delivered in the Tender Offer and Consent Solicitation was 5:00 p.m., New York City time, on April 26, 2024, which deadline has not been extended (the “Withdrawal Deadline”).
Owens Corning and Masonite reserve the right to terminate, withdraw, extend or further amend the Tender Offer and Consent Solicitation as described in the Statement.
Holders of Masonite Notes (“Holders”) may not deliver consents to the Proposed Amendments in the Consent Solicitation without tendering Masonite Notes in the Tender Offer, and may not tender Masonite Notes in the Tender Offer without delivering consents to the Proposed Amendments in the Consent Solicitation.