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

Gilead Prices $2 Billion of Senior Unsecured Notes

Retrieved on: 
Friday, September 8, 2023
Oncology, Health, Hospitals, General Health, Clinical Trials, Pharmaceutical, Biotechnology, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Form, Science, Managed file transfer, S-3, Medicine, Security (finance)

Gilead Sciences, Inc. (Nasdaq: GILD), a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, today announced the pricing of senior unsecured notes in an aggregate principal amount of $2 billion, in an underwritten, registered public offering, consisting of $1 billion of 5.250% senior notes maturing in 2033 and $1 billion of 5.550% senior notes maturing in 2053.

Key Points: 
  • Gilead Sciences, Inc. (Nasdaq: GILD), a biopharmaceutical company that has pursued and achieved breakthroughs in medicine for more than three decades, today announced the pricing of senior unsecured notes in an aggregate principal amount of $2 billion, in an underwritten, registered public offering, consisting of $1 billion of 5.250% senior notes maturing in 2033 and $1 billion of 5.550% senior notes maturing in 2053.
  • The offering is expected to close September 14, 2023, subject to customary closing conditions.
  • Gilead intends to use the net proceeds from this offering for general corporate purposes.
  • Barclays Capital Inc. and Citigroup Global Markets Inc. are acting as lead joint book-running managers in the offering.

Arm Announces Launch of IPO Roadshow

Retrieved on: 
Tuesday, September 5, 2023
Software, Hardware, Electronic Design Automation, Consumer Electronics, Technology, Semiconductor, Mobile, Wireless, Security, Exercise, Attention, IPO, Holding, 1271 Avenue of the Americas, Barclays, ADS, Arm, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Telephone, Mizuho Securities, EDGAR, Goldman Sachs, Sale, Prospectus, J. P. Morgan, Broadridge Financial Solutions, Security (finance)

Arm Holdings plc (“Arm”) today announced that it has launched a roadshow for the initial public offering (the “IPO”) of American depositary shares (“ADSs”) representing its ordinary shares.

Key Points: 
  • Arm Holdings plc (“Arm”) today announced that it has launched a roadshow for the initial public offering (the “IPO”) of American depositary shares (“ADSs”) representing its ordinary shares.
  • A total of 95,500,000 ADSs are being offered by the selling shareholder, a wholly-owned subsidiary of SoftBank Group Corp., in the IPO.
  • Arm has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “ARM”.
  • Barclays is acting as Billing and Delivery Agent, Goldman Sachs & Co. LLC is acting as IPO Allocation Coordinator, J.P. Morgan is acting as Stabilization Agent, and Mizuho is acting as Roadshow Launch Coordinator & Salesforce Presentation Host.

GoodLeap Announces Closing of $470 Million Securitization Bringing the Company's Total to 18

Retrieved on: 
Thursday, August 31, 2023
Insurance, GoodLeap, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Carbon, Sale, Banc of America Securities (1998–2008), Goldman Sachs, Jules Kroll, SAN, Citigroup, ESG, Bank, ATLAS

SAN FRANCISCO, Aug. 31, 2023 /PRNewswire/ -- GoodLeap, LLC, America's leading digital marketplace for sustainable solutions, today announced the closing of GoodLeap Sustainable Home Solutions Trust 2023-3, a securitization sponsored by Citigroup. The securitization is backed by approximately $470 million principal balance of residential solar and sustainable home improvement loans originated on the GoodLeap platform. The securitization received ratings from Fitch Ratings Agency and Kroll Bond Rating Agency. Joint bookrunners included Citigroup Global Markets, Inc., Goldman Sachs & Co. LLC, Bank of America Securities, Inc., Barclays Capital Inc., and ATLAS SP Securities.

Key Points: 
  • The transaction is the third securitization backed by GoodLeap loans in 2023, totaling approximately $1.39 billion for the year.
  • SAN FRANCISCO, Aug. 31, 2023 /PRNewswire/ -- GoodLeap , LLC, America's leading digital marketplace for sustainable solutions, today announced the closing of GoodLeap Sustainable Home Solutions Trust 2023-3, a securitization sponsored by Citigroup.
  • The securitization is backed by approximately $470 million principal balance of residential solar and sustainable home improvement loans originated on the GoodLeap platform.
  • The latest securitization is the third in 2023 of GoodLeap loans.

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

Retrieved on: 
Monday, August 21, 2023
Technology, Mobile, Wireless, Semiconductor, Security, Other Technology, Software, Hardware, Electronic Design Automation, Artificial Intelligence, Attention, 1271 Avenue of the Americas, Barclays, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Telephone, Mizuho Securities, EDGAR, Goldman Sachs, Sale, Prospectus, Form, J. P. Morgan, Broadridge Financial Solutions, Security (finance)

Arm Holdings Limited (“Arm”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of American depositary shares (“ADS”) representing its ordinary shares.

Key Points: 
  • Arm Holdings Limited (“Arm”) today announced that it has publicly filed a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) relating to the proposed initial public offering of American depositary shares (“ADS”) representing its ordinary shares.
  • Arm has applied to list the ADSs on the Nasdaq Global Select Market under the symbol “ARM”.
  • The number of ADSs to be offered and the price range for the proposed offering have yet to be determined.
  • Barclays, Goldman Sachs & Co. LLC, J.P. Morgan, and Mizuho are acting as joint book-running managers for the proposed offering.

U. S. Steel Confirms Receipt of Unsolicited Proposals from Cleveland-Cliffs and Multiple Other Parties; Reaffirms Competitive Strategic Review Process to Maximize Stockholder Value

Retrieved on: 
Monday, August 14, 2023
Steel, Manufacturing, Cleveland-Cliffs, Wachtell, Lipton, Rosen & Katz, Barclays Capital Inc. v. Theflyonthewall.com, Inc., U.S. Steel, NDA, Form 10-K, Attention, Milbank, Goldman Sachs, Cyprus Securities and Exchange Commission, Annual report, Acquisition, Iron, Nature, Risk, Security (finance), Letter, Safety, NYSE, Barclays, Risk management, Financial adviser, Audit, Central Europe

S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process.

Key Points: 
  • S. Steel” or “the Company”) today confirmed that it has invited Cleveland-Cliffs Inc. (“Cleveland-Cliffs”) to participate in its previously announced strategic review process.
  • The Company had received an unsolicited cash and stock proposal from Cleveland-Cliffs to acquire all of U. S. Steel’s outstanding shares.
  • At this juncture, we cannot determine whether your unsolicited proposal properly reflects the full and fair value of the Company.
  • The U. S. Steel Board remains committed to maximizing value for stockholders, and to that end has decided to initiate a formal review process to evaluate strategic alternatives.

U. S. Steel Announces Strategic Alternatives Process

Retrieved on: 
Sunday, August 13, 2023
Steel, Manufacturing, Wachtell, Lipton, Rosen & Katz, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Disclosure, U.S. Steel, Form 10-K, Burritt, Attention, Milbank, Carbon, Goldman Sachs, Annual report, Acquisition, Iron, Nature, Risk, EAF, Security (finance), NYSE, Safety, Management, Audit, Central Europe

S. Steel”) today announced that its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company.

Key Points: 
  • S. Steel”) today announced that its Board of Directors has decided to initiate a formal review process, with the assistance of outside financial and legal advisors, to evaluate strategic alternatives for the Company.
  • S. Steel has been on a strategic journey executing a compelling transformation, building out best-in-class EAF steelmaking and finishing capabilities, while reducing our carbon footprint.
  • U. S. Steel does not intend to make any further public comment regarding the review of strategic alternatives until it has been completed or the Company determines that a disclosure is required by law or otherwise deemed appropriate.
  • With a renewed emphasis on innovation, U. S. Steel serves the automotive, construction, appliance, energy, containers, and packaging industries with high value-added steel products such as U. S. Steel’s proprietary XG3® advanced high-strength steel.

Lifepoint Health, Inc. Announces Early Results of Tender Offer and Consent Solicitation for its 6.750% Senior Secured Notes due 2025

Retrieved on: 
Friday, August 11, 2023
General Health, Hospitals, Health, Practice Management, Managed Care, Note, Consent, Tender offer, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Personal Information Agent, Citigroup, Date, Documentation, Convention to propose amendments to the United States Constitution, Barclays, Security (finance), CUSIP

Citigroup Global Markets Inc. (“Citi”) and Barclays Capital Inc. (“Barclays”) are acting as dealer managers and solicitation agents (the “Dealer Managers”) for the Tender Offer and Consent Solicitation.

Key Points: 
  • Citigroup Global Markets Inc. (“Citi”) and Barclays Capital Inc. (“Barclays”) are acting as dealer managers and solicitation agents (the “Dealer Managers”) for the Tender Offer and Consent Solicitation.
  • GBSC is acting as the Information Agent and the Depositary for the Tender Offer and Consent Solicitation.
  • This announcement is not an offer to purchase or a solicitation of an offer to purchase the Notes.
  • Holders must make their own decision as to whether to tender any of their Notes, and, if so, the principal amount of Notes to tender.

Frontier Completes Landmark Fiber Securitization Transaction

Retrieved on: 
Wednesday, August 9, 2023
Banking, Professional Services, Finance, Capital market, TD, Bookrunner, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Morgan Stanley, J.P. Morgan & Co., Ropes & Gray, Milbank, Goldman Sachs, Sale, Issuer, CFO, Cryptocurrency, Security (finance), Note, Frontier

Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the closing of its previously announced fiber securitization notes offering as part of a $2.1 billion financing.

Key Points: 
  • Frontier Communications Parent, Inc. (NASDAQ: FYBR) (“Frontier” or the “Company”) today announced the closing of its previously announced fiber securitization notes offering as part of a $2.1 billion financing.
  • The transaction unlocks access to new capital to fully fund its fiber build and provides the company with flexibility for future refinancing.
  • “This landmark deal is a significant milestone in our transformation and confirms the attractiveness of fiber as critical digital infrastructure,” said Scott Beasley, CFO of Frontier.
  • Ropes & Gray LLP served as counsel to Frontier and Milbank LLP served as counsel to the initial purchasers in the offering.

NuStar Energy L.P. Announces Pricing of Upsized Equity Offering of Common Units

Retrieved on: 
Wednesday, August 9, 2023
Oil, Gas, Energy, Partnership, NuStar Energy, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Telephone, Form 10-K, NuSTAR, Sale, Master limited partnership, Prospectus, Ammonia, Citigroup, NS, Annual report, News, NYSE, Barclays, Broadridge Financial Solutions

NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today the pricing of an offering of 13,000,000 common units for gross proceeds of approximately $199.6 million.

Key Points: 
  • NuStar Energy L.P. (NYSE:NS) (the “Partnership”) announced today the pricing of an offering of 13,000,000 common units for gross proceeds of approximately $199.6 million.
  • The Partnership has granted the underwriters a 30-day option to purchase up to 1,950,000 additional common units.
  • The Partnership intends to use the net proceeds from the offering to redeem outstanding Series D Cumulative Convertible Preferred Units and to pay related fees and expenses.
  • This press release includes forward-looking statements regarding future events, including the size, timing, expected use of proceeds from the offering and results of the offering.

Oaktree Specialty Lending Corporation Prices Public Offering of $300,000,000 7.100% Notes due 2029

Retrieved on: 
Tuesday, August 8, 2023
Vesey Street, ATTN:, Keefe, Bruyette & Woods, Market, The 8th Floor, Oppenheimer, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Park Avenue, BofA Securities, SMBC Nikko Securities, J.P. Morgan & Co., Goldman Sachs, Sale, Brookfield Place, RBC Capital Markets, BNP Paribas, Prospectus, Jefferies Group, Wells Fargo, Madison Avenue, CIBC, Security (finance)

LOS ANGELES, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 7.100% notes due 2029.

Key Points: 
  • LOS ANGELES, CA, Aug. 08, 2023 (GLOBE NEWSWIRE) -- Oaktree Specialty Lending Corporation (NASDAQ: OCSL) (“OCSL” or the “Company”), a specialty finance company, today announced that it has priced an underwritten public offering of $300.0 million aggregate principal amount of 7.100% notes due 2029.
  • OCSL expects to use the net proceeds of this offering to reduce its outstanding debt under its revolving credit facilities and for general corporate purposes.
  • BofA Securities, Inc., RBC Capital Markets, LLC, J.P. Morgan Securities LLC, and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for this offering.
  • The offering may be made only by means of a preliminary prospectus supplement and an accompanying prospectus.