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.
Allegheny Energy unit to issue $600 million aggregate principal of senior unsecured notesSeptember 23rd, 2009 Allegheny Energy unit to issue $600M in debtGREENSBURG, Pa. — Allegheny Energy, a utility, said Wednesday that a subsidiary will issue $600 million aggregate principal amount of senior unsecured notes.
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.
Maker of boats and pool tables floats offer to buy back up to $75 in senior secured notesSeptember 3rd, 2009 Brunswick Corp. seek to buy back $75M in debtLAKE FOREST, Ill.
RadioShack plans to purchase up to $350 million outstanding notesAugust 28th, 2009 RadioShack to purchase notesFORT WORTH, Texas — RadioShack Corp. on Friday said that it plans to purchase up to $350 million of outstanding notes.
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.
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.
Pulte says it will spent up to $1.5 billion to buy its own notes and notes from CentexAugust 11th, 2009 Pulte will buy $1.5B in own, Centex notesNEW YORK — Pulte Homes Inc. said Tuesday it will buy up to $1.5 billion in debt in connection with its planned purchase of rival Centex Corp.
Pinnacle Entertainment plans tender offer for $135M senior subordinated notes due 2013July 27th, 2009 Pinnacle plans tender offer for notes due 2013LAS VEGAS — Pinnacle Entertainment Inc. said Monday that it plans a cash tender offer for $135 million of its outstanding senior subordinated notes due 2013.
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.
Standard & Poor's raises rating on $400 million Unisys senior note offerJuly 6th, 2009 S&P raises rating on $400M Unisys note offerNEW YORK — Standard & Poor's Ratings Services said Monday it has raised its rating on Blue Bell, Pa.-based technology services provider Unisys Corp.'s $400 million senior notes due 2012 to B from CC and removed it from CreditWatch. The ratings agency also affirmed the B rating on the company's $300 million senior notes due March 2010.
Few notes tendered to McClatchy debt exchange offerJune 26th, 2009 Few take up McClatchy debt exchange offerSACRAMENTO, Calif., — The McClatchy Co.'s offer to exchange debt for a fraction of its value met a 9 percent acceptance rate, the newspaper publisher said Friday. The Sacramento-based company had hoped to exchange $1.15 billion in debt for $60 million in cash and $175 million in new notes to reduce its debt load in the face of a severe decline in advertising revenue.