MGM Mirage ends debt exchange offer because not enough holders accept the dealOctober 1st, 2009 MGM Mirage ends debt exchange offerLAS VEGAS — Casino operator MGM Mirage said Thursday that it has ended a debt exchange offer because not enough debt holders accepted the deal. The offer gave holders the chance to exchange up to $782 million in 8.5 percent senior notes due in 2010 for up to $500 million in 10 percent senior notes due in 2016.
Johnson Controls says convertible notes exchange offer expiresSeptember 18th, 2009 Johnson Controls notes exchange offer expiresMILWAUKEE — Johnson Controls Inc. said Friday that its convertible notes exchange offer has expired.
Harrah's Entertainment to swap existing debt for $720M in new notes due 2017September 8th, 2009 Harrah's offers $720M in new notes to repay debtLAS VEGAS — Casino giant Harrah's Entertainment says it'll offer $720 million in new secured notes to give it more time to repay lenders. The private Las Vegas-based company said Tuesday that it will use the proceeds from selling the new notes, which will be due 2017, to repay debt that is due much sooner.
NYSE tells McClatchy share price back in compliance for trainingSeptember 4th, 2009 McClatchy share price back in complianceSACRAMENTO, Calif. — The McClatchy Company said Friday that the New York Stock Exchange has determined the company's share price has returned to levels necessary to remain on the exchange.
NCI Building Systems' shares plunge after company announces debt exchange termsAugust 27th, 2009 NCI announces debt exchange terms; shares plungeHOUSTON — Metal building-components maker NCI Building Systems Inc. said Thursday it would proceed with an offer to exchange the notes of existing bondholders with cash and a minority stake in the company.
Mediacom Communications accepts all 2011 and 2013 notes tendered so far in offersAugust 25th, 2009 Mediacom accepts notes tendered on pair of offersMIDDLETOWN, N.Y. — Cable television company Mediacom Communications Corp.
KB Home debt offers exceed maximum tender amount, will repurchase on pro rata basisAugust 20th, 2009 KB Home debt offers exceed maximum tender amountLOS ANGELES — Homebuilder KB Home said Thursday the tendered amount for notes in a recently announced offer exceeded the maximum tender amount and it will buy notes on a prorated basis. The company said it received offers to purchase notes with an aggregate principal amount of more than $316 million as of Thursday.
Penn National Gaming extends tender offer deadline, waives certain conditionsAugust 20th, 2009 Penn National Gaming extends tender offer deadlineWYOMISSING, Pa. — Casino operator Penn National Gaming Inc.
UDR extends early deadline of previously announced debt offeringAugust 18th, 2009 UDR extends debt offering deadlineDENVER — UDR Inc., a real estate investment trust, said Tuesday that it extended the early cash tender deadline on previously announced notes. The early deadline for the 8½ percent notes due Sept.
Fitch downgrades CIT Group's issuer default rating after lender completes debt purchaseAugust 17th, 2009 Fitch downgrades CIT's issuer default ratingNEW YORK — Fitch Ratings downgraded CIT Group Inc.'s issuer default rating Monday after the commercial lender said it managed to stave off a likely bankruptcy filing by repurchasing some of its outstanding debt at a discount. The rating agency said it lowered the IDR to "restricted default" from "C," following the Monday announcement.
Janus says repurchase offer expires, raises cap to $444 millionAugust 12th, 2009 Janus says tender offer expires, raises offer capDENVER — Janus Capital Group Inc. on Wednesday said its offer to repurchase outstanding notes has expired and it has raised the repurchase amount after a better-than-expected response from investors.
CMS Energy tenders $309.4 million in senior notes due 2010 and 2011July 22nd, 2009 CMS Energy tenders $309.4 million in senior notesJACKSON, Mich. — Utility company CMS Energy Corp., said Wednesday that $309.4 million of its senior notes were tendered under an offer that expired Tuesday.
McClatchy posts higher 2nd-quarter profit despite drop in revenueJuly 21st, 2009 McClatchy posts higher 2Q profit despite slumpSACRAMENTO, Calif. — Newspaper publisher McClatchy Co.
McClatchy expected to post second-quarter loss as newspaper advertising woes persistJuly 20th, 2009 Earnings preview: Loss anticipated in McClatchy 2QSACRAMENTO, Calif. — Newspaper publisher McClatchy Co.
Moody's downgrades New York Times, McClatchy credit ratingsApril 25th, 2009 New York Times, McClatchy credit ratings cutNEW YORK — Moody's Investors Service on Friday downgraded the credit ratings of The New York Times Co. and McClatchy Co.