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Coterra Energy Announces Pricing of Senior Unsecured Notes

Retrieved on: 
Wednesday, February 28, 2024

Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) announced today that it has priced an offering of $500 million aggregate principal amount of senior unsecured notes due 2034, which will carry an interest rate of 5.60%.

Key Points: 
  • Coterra Energy Inc. (“Coterra”) (NYSE: CTRA) announced today that it has priced an offering of $500 million aggregate principal amount of senior unsecured notes due 2034, which will carry an interest rate of 5.60%.
  • The offering is expected to close on March 13, 2024, subject to the satisfaction of customary closing conditions.
  • J.P. Morgan Securities LLC, TD Securities (USA) LLC, Wells Fargo Securities, LLC and BofA Securities, Inc. are acting as book-running managers for the offering.
  • The notes are being offered and will only be sold pursuant to an effective registration statement that was previously filed with the SEC.

Marsh McLennan Announces Pricing of $1,000,000,000 Senior Notes Offering

Retrieved on: 
Wednesday, February 14, 2024

Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).

Key Points: 
  • Marsh McLennan (NYSE: MMC) (the “Company”) announced today that it has priced $500,000,000 aggregate principal amount of its 5.150% Senior Notes due 2034 (the “2034 Notes”) and $500,000,000 aggregate principal amount of its 5.450% Senior Notes due 2054 (the “2054 Notes” and, together with the 2034 Notes, the “Notes”).
  • The Company intends to use the net proceeds from the Notes offering for general corporate purposes.
  • The closing of the Notes offering is expected to occur on February 20, 2024, subject to the satisfaction of certain customary closing conditions.
  • The offering and sale of the Notes are being made by means of a prospectus supplement and an accompanying base prospectus related to the offering.

Distribution Solutions Group to Participate in the Gabelli Funds 34th Annual Pump, Valve, and Water Symposium on February 22nd

Retrieved on: 
Wednesday, February 7, 2024

Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY.

Key Points: 
  • Distribution Solutions Group, Inc. (NASDAQ: DSGR) (“DSG” or the “Company"), a premier, multi-platform specialty distribution company today announced that management is participating in the Gabelli Funds 34th Annual Pump, Valve, & Water Symposium on Thursday, February 22, 2024 at 10 am ET at The Yale Club, 50 Vanderbilt Avenue, New York, NY.
  • For more information, please reference this registration link: https://www.gabelli.com/conferences/pvw .

Realty Income Prices $1.25 Billion Dual-tranche Offering of Senior Unsecured Notes

Retrieved on: 
Tuesday, January 9, 2024

SAN DIEGO, Jan. 8, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of $450 million of 4.750% senior unsecured notes due February 15, 2029 (the "2029 Notes"), and $800 million of 5.125% senior unsecured notes due February 15, 2034 (the "2034 Notes" and, together with the 2029 Notes, the "notes").

Key Points: 
  • SAN DIEGO, Jan. 8, 2024 /PRNewswire/ -- Realty Income Corporation (Realty Income, NYSE: O), The Monthly Dividend Company®, today announced the pricing of a public offering of $450 million of 4.750% senior unsecured notes due February 15, 2029 (the "2029 Notes"), and $800 million of 5.125% senior unsecured notes due February 15, 2034 (the "2034 Notes" and, together with the 2029 Notes, the "notes").
  • Combined, the notes have a weighted average tenor of approximately 8.3 years, a weighted average semi-annual yield to maturity of 5.142%, and weighted average coupon rate of 4.990%.
  • This offering is expected to close on January 16, 2024, subject to the satisfaction of customary closing conditions.
  • The active joint book-running managers for the offering are Wells Fargo Securities, BBVA, Citigroup, Mizuho and TD Securities.

Highwoods Prices $350 Million of 7.65% Notes Due 2034

Retrieved on: 
Tuesday, November 14, 2023

RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.

Key Points: 
  • RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.
  • The notes are due February 1, 2034 and were priced to yield 7.836%.
  • The offering is expected to close on November 21, 2023, subject to customary closing conditions.
  • This offering is being made pursuant to an effective shelf registration statement, and only by means of a prospectus supplement and accompanying prospectus.

Kinetik Announces Pricing of Upsized Secondary Offering of Common Stock

Retrieved on: 
Tuesday, December 12, 2023

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an upsized underwritten secondary offering of 6,500,000 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $31.50 per share.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an upsized underwritten secondary offering of 6,500,000 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $31.50 per share.
  • Kinetik is not selling any shares of Class A common stock in the Offering and will not receive the proceeds from any sale of shares by the Selling Stockholder.
  • The Offering was upsized from the previously announced 6,000,000 shares based on strong investor demand.
  • The Selling Stockholder has granted to the underwriters a 30-day option to purchase up to an additional 975,000 shares of Kinetik’s Class A common stock.

Kinetik Announces Secondary Offering of Common Stock

Retrieved on: 
Monday, December 11, 2023

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the commencement of an underwritten secondary offering of 6,000,000 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the commencement of an underwritten secondary offering of 6,000,000 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation.
  • Kinetik is not selling any shares of Class A common stock in the Offering and will not receive the proceeds from any sale of shares by the Selling Stockholder.
  • In connection with the Offering, the Selling Stockholder intends to grant to the underwriters a 30-day option to purchase up to an additional 900,000 shares of Kinetik’s Class A common stock.
  • In connection with the Offering, certain of the Company’s officers and directors, including the Chief Executive Officer, have provided an indication of interest in purchasing shares of Class A common stock from the underwriters at the public offering price.

Boingo Wireless Launches High-Speed 5G and Wi-Fi 6 Connectivity at New York’s Grand Central Madison

Retrieved on: 
Monday, December 4, 2023

Boingo Wireless announced that 5G and Wi-Fi 6 are live at the Metropolitan Transportation Authority’s (MTA) Grand Central Madison, providing fast, reliable wireless connectivity for millions of riders.

Key Points: 
  • Boingo Wireless announced that 5G and Wi-Fi 6 are live at the Metropolitan Transportation Authority’s (MTA) Grand Central Madison, providing fast, reliable wireless connectivity for millions of riders.
  • View the full release here: https://www.businesswire.com/news/home/20231204499390/en/
    Neutral, converged Boingo Wireless network enables mobile connectivity for riders and supports digital operations at Grand Central Madison.
  • The LIRR extension, through Queens to Grand Central Madison, features Boingo connectivity along 10 miles of tunnels, including two tunnels under the East River.
  • “Grand Central Madison is a masterpiece of engineering that showcases the importance of public/private partnerships to deliver a reimagined public transit experience with best-in-class 5G and Wi-Fi networks,” said Boingo CEO Mike Finley.

Greenberg Traurig's Global Immigration & Compliance Practice Presents Lunch-and-Learn Business Immigration Seminar Series

Retrieved on: 
Friday, October 20, 2023

NEW YORK, Oct. 20, 2023 /PRNewswire-PRWeb/ -- On Nov. 2., Greenberg Traurig, LLP's Global Immigration & Compliance Practice will launch a live lunch-and-learn series on emerging trends impacting investors and employers. Immigration & Compliance, Tax, Financial Regulatory & Compliance, and Labor & Employment Practice attorneys will continue the series throughout 2024.

Key Points: 
  • On Nov. 2., Greenberg Traurig, LLP's Global Immigration & Compliance Practice will launch a live lunch-and-learn series on emerging trends impacting investors and employers.
  • Immigration & Compliance, Tax, Financial Regulatory & Compliance, and Labor & Employment Practice attorneys will continue the series throughout 2024.
  • NEW YORK, Oct. 20, 2023 /PRNewswire-PRWeb/ -- On Nov. 2., Greenberg Traurig, LLP's Global Immigration & Compliance Practice will launch a live lunch-and-learn series on emerging trends impacting investors and employers.
  • Immigration & Compliance, Tax, Financial Regulatory & Compliance, and Labor & Employment Practice attorneys will continue the series throughout 2024.

Piedmont Office Realty Trust Announces Pricing of Senior Notes Offering

Retrieved on: 
Tuesday, July 18, 2023

Atlanta, July 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 9.250% senior unsecured notes due 2028 at 99.000% of the principal amount.

Key Points: 
  • Atlanta, July 18, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an offering of $400 million aggregate principal amount of 9.250% senior unsecured notes due 2028 at 99.000% of the principal amount.
  • The offering is expected to close on July 20, 2023, subject to the satisfaction of customary closing conditions.
  • Piedmont intends to use the net proceeds from the offering, together with cash on hand, if necessary, to fund the purchase of all of its outstanding 4.45% senior notes due 2024 that are validly tendered and accepted for purchase in the tender offer commenced substantially concurrently with the offering.
  • The notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company.