Barclays Capital Inc. v. Theflyonthewall.com, Inc.

Waystar Announces Public Filing of Registration Statement for Proposed Initial Public Offering

Retrieved on: 
Monday, October 16, 2023

The number of shares to be offered and the price range for the proposed offering have not yet been determined.

Key Points: 
  • The number of shares to be offered and the price range for the proposed offering have not yet been determined.
  • J.P. Morgan Securities LLC, Goldman Sachs & Co. LLC, and Barclays Capital Inc. are acting as book-running managers for the proposed offering.
  • A registration statement relating to these securities has been filed with the SEC but has not yet become effective.
  • These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective.

Kimco Realty® Announces Pricing of $500 Million Aggregate Principal Amount of 6.400% Notes due 2034

Retrieved on: 
Monday, October 2, 2023

Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 million aggregate principal amount of 6.400% notes due 2034 (the “notes”) with an effective yield of 6.456%, maturing March 1, 2034.

Key Points: 
  • Kimco Realty Corporation (NYSE: KIM) (the “Company”) today announced that its subsidiary, Kimco Realty OP, LLC (“Kimco OP” and, together with the Company, “Kimco”), has priced a public offering of $500 million aggregate principal amount of 6.400% notes due 2034 (the “notes”) with an effective yield of 6.456%, maturing March 1, 2034.
  • The offering is expected to settle on October 12, 2023, subject to the satisfaction of customary closing conditions.
  • BNY Mellon Capital Markets, LLC, Regions Securities LLC and Truist Securities, Inc. served as senior co-managers in connection with the offering.
  • The offering of the notes is being made pursuant to an effective shelf registration statement, base prospectus and related prospectus supplement.

Franklin BSP Realty Trust, Inc. Announces Closing of Approximately $900 Million CLO

Retrieved on: 
Thursday, September 28, 2023

Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of BSPRT 2023-FL10, an approximately $900 million managed Commercial Real Estate Collateralized Loan Obligation (“FL10 CRE CLO”).

Key Points: 
  • Franklin BSP Realty Trust, Inc. (NYSE: FBRT) (“FBRT” or the “Company”) today announced the closing of BSPRT 2023-FL10, an approximately $900 million managed Commercial Real Estate Collateralized Loan Obligation (“FL10 CRE CLO”).
  • This was FBRT’s tenth CLO completed since June 2017.
  • FL10’s starting as-is Loan-to-Value of 59% is amongst the lowest leverage in the CLO market in recent years.
  • We are pleased with the execution of FL10 and our return to the CLO market.”
    J.P. Morgan, LLC served as the sole structuring agent.

Western Midstream Partners, LP Announces Pricing of Notes Offering

Retrieved on: 
Wednesday, September 27, 2023

Today, Western Midstream Partners, LP (NYSE: WES) (“WES”) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value.

Key Points: 
  • Today, Western Midstream Partners, LP (NYSE: WES) (“WES”) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value.
  • The offering of the senior notes is expected to close on September 29, 2023, subject to the satisfaction of customary closing conditions.
  • The senior notes offering is not contingent on the completion of the Meritage Acquisition, and the Meritage Acquisition is not contingent on the completion of this offering.
  • Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for the offering.

Permian Resources Corporation Announces Pricing of Secondary Public Offering of Class A Common Stock

Retrieved on: 
Wednesday, September 20, 2023

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $13.05 per share, by certain affiliates of NGP Energy Capital Management, L.L.C.

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) today announced the pricing of an underwritten public offering of an aggregate 21,450,000 shares of its Class A Common Stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $13.05 per share, by certain affiliates of NGP Energy Capital Management, L.L.C.
  • Permian Resources will not sell any shares of Class A common stock in the offering and will not receive any proceeds therefrom.
  • The Selling Stockholders also granted the underwriters a 30-day option to purchase up to an additional aggregate 3,217,500 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.
  • The offering of Class A common stock is not conditioned upon the completion of the Concurrent OpCo Unit Purchase, but the Concurrent OpCo Unit Purchase is conditioned upon the completion of the offering.

Arm Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional American Depositary Shares

Retrieved on: 
Monday, September 18, 2023

Arm Holdings plc (“Arm”) today announced the closing of its initial public offering (the “IPO”) of 102,500,000 American depositary shares (“ADSs”), representing its ordinary shares, at a price to the public of $51.00 per ADS, including the underwriters’ full exercise of their option to purchase up to an additional 7,000,000 ADSs to cover over-allotments.

Key Points: 
  • Arm Holdings plc (“Arm”) today announced the closing of its initial public offering (the “IPO”) of 102,500,000 American depositary shares (“ADSs”), representing its ordinary shares, at a price to the public of $51.00 per ADS, including the underwriters’ full exercise of their option to purchase up to an additional 7,000,000 ADSs to cover over-allotments.
  • Arm’s ADSs began trading on the Nasdaq Global Select Market (“Nasdaq”) on September 14, 2023, under the ticker symbol “ARM.”
    Raine Securities LLC acted as financial advisor in connection with the IPO.
  • Barclays, Goldman Sachs & Co. LLC, J.P. Morgan, and Mizuho acted as joint book-running managers for the IPO.
  • Copies of the prospectus relating to the IPO may be obtained by visiting EDGAR on the SEC’s website at www.sec.gov .

Arm Announces Pricing of Initial Public Offering

Retrieved on: 
Wednesday, September 13, 2023

Arm Holdings plc (“Arm”) today announced the pricing of its initial public offering (the “IPO”) of 95,500,000 American depositary shares (“ADSs”), each representing one of its ordinary shares, at a price to the public of $51.00 per ADS.

Key Points: 
  • Arm Holdings plc (“Arm”) today announced the pricing of its initial public offering (the “IPO”) of 95,500,000 American depositary shares (“ADSs”), each representing one of its ordinary shares, at a price to the public of $51.00 per ADS.
  • The IPO is expected to close on September 18, 2023, subject to customary closing conditions.
  • Raine Securities LLC is acting as financial advisor in connection with the IPO.
  • Barclays, Goldman Sachs & Co. LLC, J.P. Morgan, and Mizuho are acting as joint book-running managers for the IPO.

American Tower Corporation Prices Senior Notes Offering

Retrieved on: 
Tuesday, September 12, 2023

American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2028 and 2033 in aggregate principal amounts of $750.0 million and $750.0 million, respectively.

Key Points: 
  • American Tower Corporation (NYSE: AMT) today announced the pricing of its registered public offering of senior unsecured notes due 2028 and 2033 in aggregate principal amounts of $750.0 million and $750.0 million, respectively.
  • The 2028 notes will have an interest rate of 5.800% per annum and are being issued at a price equal to 99.828% of their face value.
  • The net proceeds of the offering are expected to be approximately $1,482.8 million, after deducting underwriting discounts and estimated offering expenses.
  • American Tower intends to use the net proceeds to repay existing indebtedness under its $6.0 billion senior unsecured multicurrency revolving credit facility.

T-Mobile Agrees to Sell $2.0 Billion of Senior Notes

Retrieved on: 
Tuesday, September 12, 2023

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 $1,000,000,000 aggregate principal amount of its 5.750% Senior Notes due 2034 (the “2034 Notes”) and $1,000,000,000 aggregate principal amount of its 6.000% Senior Notes due 2054 (the “2054 Notes,” and collectively with the 2034 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 $1,000,000,000 aggregate principal amount of its 5.750% Senior Notes due 2034 (the “2034 Notes”) and $1,000,000,000 aggregate principal amount of its 6.000% Senior Notes due 2054 (the “2054 Notes,” and collectively with the 2034 Notes, the “notes”) in a registered public offering.
  • The offering of the notes is scheduled to close on September 14, 2023, subject to satisfaction of customary closing conditions.
  • 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.
  • Such statements include, without limitation, statements about the expected closing of the offering of the notes and statements regarding the intended use of proceeds from the offering of the notes.

Blue Bird Announces Launch of Secondary Public Offering

Retrieved on: 
Monday, September 11, 2023

The offering consists entirely of secondary shares to be sold by the Selling Stockholders.

Key Points: 
  • The offering consists entirely of secondary shares to be sold by the Selling Stockholders.
  • The Selling Stockholders will receive all of the proceeds from the offering.
  • The Company is not selling any shares of Common Stock in the offering and will not receive any proceeds from the offering.
  • The offering will be made only by means of a free writing prospectus, the prospectus and the related prospectus supplement.