Latest Bond Stories
PITTSBURGH, April 5, 2013 /PRNewswire/ -- Highmark Inc. today commenced its Offer to Purchase and Consent Solicitation for any and all Allegheny County Development Authority Health System Revenue Bonds (West Penn Allegheny Health System) Series 2007A at a price of 87.5 percent of the original principal amount, plus accrued but unpaid interest from the last interest payment date. The tender offer will expire on April 26, 2013, unless extended in accordance with its terms. As...
LIVONIA, Mich., April 5, 2013 /PRNewswire/ -- Tower International, Inc. [NYSE: TOWR], a leading integrated global manufacturer of engineered structural metal components and assemblies, today announced the extension of the early tender date and the extension of the expiration date for the previously announced cash tender offer (the "Tender Offer") by its wholly-owned subsidiaries, Tower Automotive Holdings USA, LLC and TA Holdings Finance, Inc. (such subsidiaries collectively, the...
TELUS will redeem 2014 Notes early on May 15, 2013 VANCOUVER, April 1, 2013 /PRNewswire/ - TELUS announced today it has successfully closed its previously announced offering of C$1.7 billion in senior unsecured notes in two series - C$1.1 billion of 11-year Notes with a 3.35 per cent interest rate, Series CK, maturing on April 1, 2024 and C$600 million of 30-year Notes with a 4.40 per cent interest rate, Series CL, maturing on April 1, 2043. The net proceeds of the offering...
NEW YORK, March 19, 2013 /PRNewswire/ -- Central Plains Energy Project ("CPEP") announced today that it is soliciting consent to certain amendments to the transaction from holders of its Gas Project Revenue Bonds, (Project No. 1) Series 2007A and Series 2007B (together with the Series 2007A Bonds, the "Series 2007 Bonds") on the terms and subject to the conditions set forth in the Consent Solicitation Statement dated March 18, 2013. As more fully described in the Consent Solicitation...
OMAHA, Neb., March 19, 2013 /PRNewswire/-- Union Pacific Railroad Company announced today that it has determined the contingent interest and sinking fund payments due in respect of Available Net Income for 2012 under the terms of certain bonds and debentures originally issued by the Missouri Pacific Railroad Company (MPRR). Union Pacific Railroad Company is required to publicly announce such annual determination. The bonds and debentures were assumed by Union Pacific Railroad...
LIVONIA, Mich., March 15, 2013 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading integrated global manufacturer of engineered structural metal components and assemblies, today announced that its wholly-owned subsidiaries Tower Automotive Holdings USA, LLC and TA Holdings Finance, Inc. (such subsidiaries collectively, the "Company") have commenced a cash tender offer (the "Tender Offer") to purchase up to $275,992,000 of their outstanding 10.625% Senior Secured Notes...
WASHINGTON, March 14, 2013 /PRNewswire-USNewswire/ -- A bipartisan resolution introduced today in the United Stated House of Representatives by Reps. Lee Terry (R-NE) and Richard Neal (D-MA) recognizes the successful role that municipal bonds have played in allowing cities, counties and states to build and maintain America's public infrastructure. The House Resolution commemorates the 100 year anniversary of the Federal tax exemption for municipal bonds and recognizes the "important...
COVINGTON, La., March 14, 2013 /PRNewswire/ -- Hornbeck Offshore Services, Inc. (NYSE: HOS) (the "Company") announced today that it has commenced a cash tender offer (the "Offer") to purchase any and all of its $250,000,000 in outstanding aggregate principal amount of 8.000% Senior Notes due 2017 (CUSIP 440543 AH 9) (the "8.000% Notes"). In connection with the Offer, the Company is soliciting consents (the "Consent Solicitation") to proposed amendments that would eliminate most of...
Auction results and MSRB trade data for the week of March 4, 2013 to March 8, 2013 SALT LAKE CITY, March 12, 2013 /PRNewswire/ -- Zions Direct, the online broker-dealer that allows its customers to purchase corporate bonds in its daily web-based auctions, announces its weekly auction results. Since 2006, Zions Direct has auctioned over $2 billion in more than 8,000 fixed-income auctions. (Logo: http://photos.prnewswire.com/prnh/20110914/SF68814LOGO) Municipal Bond Auction...
WUXI, China, March 11, 2013 /PRNewswire/ -- Suntech Power Holdings Co., Ltd. (NYSE: STP), one of the world's largest producers of solar panels, today announced that it has signed a forbearance agreement with the holders of more than 60% of the Company's 3% Convertible Notes (the "Notes"). Under the forbearance agreement, in the event the Company does not make payments due under the Notes on March 15, 2013, the signing bondholders agree not to exercise their rights under the Notes and...
