Latest news with #debt refinancing
Bloomberg
12-08-2025
- Business
- Bloomberg
Domino's to Raise $1.32 Billion in ABS Sale to Repay Old Debt
Domino's Pizza Inc. has kicked off a $1.32 billion bond sale backed by most of its assets to refinance its debt. The pizza chain aims to sell a two-part fixed-rate bond with an initial size of $1 billion. Each tranche will be at least $300 million. It will also raise $320 million through a variable funding note facility, not offered to investors.
Yahoo
04-08-2025
- Business
- Yahoo
KNOT Offshore Partners (KNOP) Released its Strategic and Operational Updates
KNOT Offshore Partners LP (NYSE:KNOP) is one of the . On July 2, KNOT Offshore Partners LP (NYSE:KNOP) announced strategic and operational updates. Management noted that it will refinance debt on the shuttle tanker Tove Knutsen through a sale and leaseback deal, raising about $32 million. Moreover, the company is also acquiring the Daqing Knutsen, a modern shuttle tanker built in 2022, for $95 million. The vessel is currently on time charter to PetroChina in Brazil through July 2027. The company has guaranteed charter income for this vessel through 2032 under certain conditions. Lastly, KNOT Offshore Partners LP (NYSE:KNOP) also announced a $10 million common unit buyback program. An aerial view of a bustling port, revealing a fleet of shuttle tankers transporting crude oil. KNOT Offshore Partners LP (NYSE:KNOP) is a UK-based company that owns and operates shuttle tankers that transport crude oil from offshore oil fields to onshore terminals. While we acknowledge the potential of KNOP as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
23-07-2025
- Business
- Bloomberg
Indian Airport Firm GMR Mulls Rupee-Bond Sale of $579 Million
GMR Airports Ltd. is considering a 50 billion rupees ($579 million) local-currency bond sale, according to people familiar with the matter, in what could be a record rupee issuance for India's second-largest private airport operator. The New Delhi-based company is considering to raise the funds through a note due in 18-months to three years and will use the proceeds to refinance existing debt, one of the people said, asking not to be identified as the details are private. The firm may aim to price the securities at about 10.5%, the person said.
