1221 Avenue of the Americas

Energy Transfer LP Announces Pricing of $4.0 Billion of Senior Notes

Retrieved on: 
Tuesday, October 10, 2023

Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with nearly 125,000 miles of pipeline and associated energy infrastructure.

Key Points: 
  • Energy Transfer LP owns and operates one of the largest and most diversified portfolios of energy assets in the United States, with nearly 125,000 miles of pipeline and associated energy infrastructure.
  • Energy Transfer’s strategic network spans 41 states with assets in all of the major U.S. production basins.
  • Energy Transfer is a publicly traded limited partnership with core operations that include complementary natural gas midstream, intrastate and interstate transportation and storage assets; crude oil, natural gas liquids (“NGL”) and refined product transportation and terminalling assets; and NGL fractionation.
  • Energy Transfer also owns Lake Charles LNG Company, as well as the general partner interests, the incentive distribution rights and approximately 34% of the outstanding common units of Sunoco LP (NYSE: SUN), and the general partner interests and approximately 47% of the outstanding common units of USA Compression Partners, LP (NYSE: USAC).

Wolters Kluwer’s Sandeep Sacheti to Share Insights Into AI’s Transformative Impact on Business

Retrieved on: 
Friday, May 5, 2023

Sacheti will outline a conscientious approach towards LLMs that emphasizes the unparalleled degree of accuracy clients have come to expect from Wolters Kluwer’s products and services.

Key Points: 
  • Sacheti will outline a conscientious approach towards LLMs that emphasizes the unparalleled degree of accuracy clients have come to expect from Wolters Kluwer’s products and services.
  • Later this month, Sacheti will also lend his considerable expertise to the HFS Horizons Summit in New York City.
  • HFS Research is an analyst organization focused on the intersection of innovation and business operations.
  • Each year, HFS produces more than 100 events and conferences devoted to fostering one-on-one discussions between consumers, advisors and business process and technology providers.

RCF Acquisition Corp. Announces Contributions to Trust Account in Connection With Proposed Extension

Retrieved on: 
Thursday, April 27, 2023

The maximum aggregate amount of all Contributions will not exceed $3,600,000.

Key Points: 
  • The maximum aggregate amount of all Contributions will not exceed $3,600,000.
  • The Company encourages its shareholders to vote in favor of the Extension and each other proposal described in the definitive proxy statement.
  • Every shareholder’s vote is very important, regardless of the number of shares held, and the Company requests the prompt submission of votes.
  • Shareholders may vote online at https://www.cstproxy.com/rcfacquisitioncorp/2023 by following the instructions on their provided proxy card.

Pyrophyte Acquisition Corp. Files Definitive Proxy Statement for Shareholder Meeting Seeking Extension

Retrieved on: 
Tuesday, April 11, 2023

Houston, Texas, April 11, 2023 (GLOBE NEWSWIRE) -- Pyrophyte, a blank check company incorporated as a Cayman Islands exempted company, today announced that it filed a definitive proxy statement with the U.S. Securities and Exchange Commission (the “SEC”) to seek shareholder approval to, among other proposals, (1) extend the period of time the Company will have to consummate its initial business combination by 12 months from the current deadline of April 29, 2023 until April 29, 2024. For each month of Extension, the Sponsor, or its designees, will deposit additional funds into the Trust Account established in connection with the Company’s IPO in an amount equal to the lesser of (i) $0.04 per public share multiplied by the number of public shares then outstanding and (ii) $160,000, up to a maximum aggregate contribution of $1,920,000. Each contribution plus the amount remaining in the Trust Account is expected to be held in U.S. government treasury obligations with a maturity of 185 days or less or in money market funds investing solely in U.S. government treasury obligations and meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940, as amended. In order to mitigate the risk of being viewed as operating an unregistered investment company, the Company will, on or prior to the 24-month anniversary of the effective date of the registration statement relating to the IPO, hold all funds in the Trust Account in an interest-bearing bank deposit account, which is currently expected to yield interest of approximately 4.0% per annum.

Key Points: 
  • However, no assurances can be made that the Company and Target will successfully negotiate and enter into a definitive agreement regarding a business combination.
  • Any transaction would be subject to board and equity holder approval of both companies, regulatory approvals and other customary closing conditions.
  • The Company encourages its shareholders to vote in favor of the Extension and each other proposal described in the definitive proxy statement.
  • Shareholders may vote online at https://www.cstproxy.com/pyrophytespac/2023 by following the instructions on their provided proxy card.

Closing of $600 million notes of CNH Industrial Capital LLC

Retrieved on: 
Monday, April 10, 2023

The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on April 10 and October 10 of each year, beginning on October 10, 2023, and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC.

Key Points: 
  • The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on April 10 and October 10 of each year, beginning on October 10, 2023, and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC.
  • CNH Industrial Capital LLC is an indirect wholly owned subsidiary of CNH Industrial N.V. and is headquartered in Racine, Wisconsin.
  • As a captive finance company, the primary business of CNH Industrial Capital LLC and its subsidiaries is to underwrite and manage financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. (collectively, “CNH Industrial North America”) and provide other related financial products and services to support the sale of agricultural and construction equipment sold by CNH Industrial North America.
  • CNH Industrial Capital LLC and its subsidiaries also provide wholesale and retail financing related to new and used agricultural and construction equipment manufactured by entities other than CNH Industrial North America.

Pricing of CNH Industrial Capital LLC $600 million notes

Retrieved on: 
Tuesday, April 4, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly-owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 4.550% notes due 2028, with an issue price of 98.857%.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly-owned subsidiary, CNH Industrial Capital LLC, has priced $600 million in aggregate principal amount of 4.550% notes due 2028, with an issue price of 98.857%.
  • The notes, which are senior unsecured obligations of CNH Industrial Capital LLC, will pay interest semi-annually on April 10 and October 10 of each year, beginning on October 10, 2023, and will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC.
  • CNH Industrial Capital LLC is an indirect wholly owned subsidiary of CNH Industrial N.V. and is headquartered in Racine, Wisconsin.
  • As a captive finance company, the primary business of CNH Industrial Capital LLC and its subsidiaries is to underwrite and manage financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. (collectively, “CNH Industrial North America”) and provide other related financial products and services to support the sale of agricultural and construction equipment sold by CNH Industrial North America.

CNH Industrial announces subsidiary notes offering  

Retrieved on: 
Tuesday, April 4, 2023

CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, plans to offer new notes, subject to market conditions.

Key Points: 
  • CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) today announced that its wholly owned subsidiary, CNH Industrial Capital LLC, plans to offer new notes, subject to market conditions.
  • The notes will be guaranteed by CNH Industrial Capital America LLC and New Holland Credit Company, LLC, each a wholly owned subsidiary of CNH Industrial Capital LLC.
  • CNH Industrial Capital LLC is an indirect wholly owned subsidiary of CNH Industrial N.V. and is headquartered in Racine, Wisconsin.
  • As a captive finance company, the primary business of CNH Industrial Capital LLC and its subsidiaries is to underwrite and manage financing products for end-use customers and dealers of CNH Industrial America LLC and CNH Industrial Canada Ltd. (collectively, “CNH Industrial North America”) and provide other related financial products and services to support the sale of agricultural and construction equipment sold by CNH Industrial North America.

IAB Announces Agenda for 2023 IAB Podcast Upfront

Retrieved on: 
Thursday, April 6, 2023

NEW YORK, April 6, 2023 /PRNewswire/ -- On May 11, 2023, leading audio and podcast companies are joining the 2023 IAB Podcast Upfront for another year to showcase the power of podcasts. The IAB Podcast Upfront is a special marketplace event designed for brands, agencies, and media buyers to preview the latest in innovative podcast programming. The event will take place in NYC at Quorum by Convene (1221 Avenue of the Americas) and virtually on IAB.com.

Key Points: 
  • Held In-Person in NYC and Virtually, IAB Podcast Upfront Brings Audio Leaders Together to Showcase the Power of Podcast Advertising
    NEW YORK, April 6, 2023 /PRNewswire/ -- On May 11, 2023, leading audio and podcast companies are joining the 2023 IAB Podcast Upfront for another year to showcase the power of podcasts.
  • The IAB Podcast Upfront is a special marketplace event designed for brands, agencies, and media buyers to preview the latest in innovative podcast programming.
  • Additionally, Nora Ali will be hosting IAB Podcast Upfront.
  • The podcast market reflects the shared passions of creators and audiences alike," said Eric John, Vice President, Media Center, IAB.

Western Midstream Partners, LP Announces Pricing of Notes Offering

Retrieved on: 
Thursday, March 30, 2023

Today Western Midstream Partners, LP (NYSE: WES) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $750 million in aggregate principal amount of 6.150% senior notes due 2033 at a price to the public of 99.728% of their face value.

Key Points: 
  • Today Western Midstream Partners, LP (NYSE: WES) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $750 million in aggregate principal amount of 6.150% senior notes due 2033 at a price to the public of 99.728% of their face value.
  • The offering of the senior notes is expected to close on April 4, 2023, subject to the satisfaction of customary closing conditions.
  • Net proceeds from the offering are expected to be used to repay borrowings under WES Operating’s revolving credit facility, and for general partnership purposes.
  • TD Securities (USA) LLC, MUFG Securities Americas Inc., and Wells Fargo Securities, LLC are acting as joint book-running managers for the offering.

Texas Instruments prices $1.4 billion of investment grade notes

Retrieved on: 
Wednesday, March 8, 2023

DALLAS, March 7, 2023 /PRNewswire/ -- (March 7, 2023) – Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $1.4 billion.

Key Points: 
  • DALLAS, March 7, 2023 /PRNewswire/ -- (March 7, 2023) – Texas Instruments Incorporated (TI) (Nasdaq: TXN) today announced the pricing of two series of senior unsecured notes for an aggregate principal amount of $1.4 billion.
  • The notes consist of the following:
    $750 million of 4.900% senior unsecured notes due March 14, 2033; and
    $650 million of 5.000% senior unsecured notes due March 14, 2053.
  • TI expects to use the net proceeds of this offering for general corporate purposes.
  • Barclays Capital Inc.; BofA Securities, Inc.; and MUFG Securities Americas Inc. are serving as joint book-running managers for the offering.