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Elon Musk's xAI Seeks $5 Billion In Debt, Faces Lukewarm Demand — Even With 12% Yields On The Table: Report
Wednesday, June 18, 2025 - 3:16am | 1052Read More...Elon Musk’s AI venture, xAI, is reportedly on the brink of securing a $5 billion debt raise, led by Morgan Stanley, despite modest investor interest. What Happened: The $5 billion debt offering—comprising a floating-rate term loan, a fixed-rate loan, and secured bonds—is scheduled to be...
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AMC Networks Prices $1 Billion Secured Notes In Upsized Debt Offering
Tuesday, January 26, 2021 - 7:01am | 102Read More...AMC Networks Inc. (NASDAQ: AMCX) announced that it has priced 4.25% senior secured notes due 2029 worth $1 billion in an upsized public offering. The offering was upsized from $500 million proposed earlier that day. AMCX intends to use $1 billion proceeds to redeem 4.75% senior notes due December...
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PG&E Moving Out Of San Francisco After 100 Years Of Residence, Wants To Raise $11B From Favorable Debt Markets
Tuesday, June 9, 2020 - 10:55am | 469Read More...PG&E Corp. (NYSE: PCG) wants to sell its San Francisco headquarters and shift base to Oakland to save costs after being in the Golden City for more than a century. The utility also wants to raise $11 billion from debt markets, even as bankruptcy arguments continue in court. What...
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Macy's Announces Pricing Of Its $1.3B Debt Offering As Shares Jump 26%
Thursday, May 28, 2020 - 3:58am | 377Read More...Macy's Inc. (NYSE: M) on Wednesday announced it has priced a $1.3 billion debt offering at an interest rate of 8.375%. The amount to be raised is $200 million above what the retailer stated earlier on Tuesday. Macy's said the offering for the 5-year bonds is expected to close on June 8...
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Disney Plans Another Bonds Offering With A Six-Part Deal
Tuesday, May 12, 2020 - 4:57am | 446Read More...The Walt Disney Company (NYSE: DIS) is planning a second debt offering this year, according to its filing with the Securities and Exchange Commission. What Happened Disney didn't disclose the amount it intends to raise as part of the six-part deal bonds sale, or the size of the trances or...
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Aphria Announces Closing Of $350M Convertible Senior Note Offering
Wednesday, April 24, 2019 - 2:49pm | 286Read More...Canadian cannabis company Aphria Inc (NYSE: APHA) said Tuesday evening it closed a convertible senior note offering raising $350 million in gross proceeds, including the exercise of the over-allotment option. The convertible senior notes carry a 5.25-percent interest and are due 2024. The initial...
