Capital Markets

Beijing – September 20, 2026 -- Investors in China's A-share market turned more cautious in the third quarter of 2026 even as corporate earnings began to recover, according to the latest CKGSB Investor Sentiment Survey covering the May-to-September 2026 period.

Investors cut return expectations and stock allocation plans

Only 58.6% of respondents expected A-share prices to rise, down 5.2 percentage points from April 2026. The expected rate of return fell 1.8 percentage points to negative 0.7%. Appetite for direct stock investment weakened sharply, with the net proportion of investors planning to increase stock holdings falling 7.3 percentage points to 10.7%; the equivalent figure for equity funds dropped 1.2 percentage points to 13.4%.

Hellerup, Denmark – September 20, 2026 -- TORM plc has closed a secondary public offering of 9,000,000 Class A common shares sold by OCM Njord Holdings S.à r.l., an entity indirectly owned by funds managed by Oaktree Capital Management, L.P. Following the transaction, the Selling Shareholder retains beneficial ownership of approximately 11.06% of TORM's Class A common shares.

Oaktree-linked seller grants underwriter option for 1,350,000 additional shares

J.P. Morgan Securities LLC acted as sole underwriter for the offering and holds a 30-day option to purchase up to 1,350,000 additional Class A shares. TORM confirmed it did not sell any shares in the transaction and received no proceeds, with the entire offering structured as a divestment by the existing shareholder rather than a capital raise for the company.

New York – September 20, 2026 -- Haymaker Acquisition Corp V priced an initial public offering of 25,000,000 units at $10.00 per unit, raising $250 million for its blank-check vehicle ahead of NYSE trading under ticker "HYACU" starting September 20, 2026.

Units begin trading on NYSE as offering nears close

Each unit comprises one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. The offering is expected to close on September 20, 2026, subject to customary conditions. An amount equal to $10.00 per unit will be deposited into a trust account upon closing.

Elkhart, Ind. – September 20, 2026 -- Patrick Industries, Inc. (NASDAQ: PATK) will hold one-on-one meetings with institutional investors and analysts at Wells Fargo's 9th Annual Consumer Conference in Dana Point, California, on September 20, 2026.

Patrick's management team joins Wells Fargo's flagship consumer investor event

The Elkhart, Indiana-based company supplies component solutions to original equipment manufacturers and aftermarket customers across the RV, Marine, Powersports and Housing markets. Patrick operates more than 85 brands and employs approximately 10,000 team members in the United States.

Wells Fargo controls attendee access to the September 23 sessions

Institutional investors and analysts seeking to schedule meetings with Patrick's executives must coordinate directly through Wells Fargo, which is organizing the conference in Dana Point.

Scottsdale, Ariz. – September 19, 2026 -- Axon Enterprise Inc. (Nasdaq: AXON) has priced $1.0 billion in aggregate principal amount of 0% convertible senior notes due 2031, with underwriters holding an option to purchase up to an additional $150.0 million to cover over-allotments.

Axon expects to net $986.0 million from the offering, or $1,134.3 million if the over-allotment is fully exercised

The sale to underwriters is expected to settle on September 19, 2026, subject to customary closing conditions. The public safety technology maker will direct $99.9 million of net proceeds, or $114.9 million with the over-allotment, toward capped call transactions, with the remainder earmarked for general corporate purposes including potential acquisitions of, or investments in, other businesses.

Southlake, Texas – September 19, 2026 -- Sabre Corporation's wholly owned subsidiary, Sabre Financial Borrower, LLC, priced an upsized private offering of $1.35 billion in 9.875% Senior Secured Notes due 2032, increased from an initial $1.1 billion target. The Nasdaq-listed travel technology firm (SABR) expects the transaction to close on September 19, 2026.

Southlake, Texas – September 19, 2026 -- Sabre Corporation (Nasdaq: SABR) has commenced additional tender offers through its wholly-owned subsidiary Sabre GLBL Inc. to repurchase outstanding securities for cash, capping the aggregate purchase price at $250 million.

Sabre GLBL sets a September 24 deadline for bondholders to tender securities

The tender offers expire at 5:00 p.m. New York City time on September 19, 2026, unless extended or terminated early. Holders must validly tender by that deadline to receive the purchase price plus accrued and unpaid interest, with settlement expected on September 19, 2026. Withdrawal rights also close at the same September 24 deadline.

Stamford, Conn. – September 19, 2026 -- Charter Communications (NASDAQ: CHTR, CHTRP) declared a quarterly cash dividend of $0.43750001 per share on its Series A Cumulative Redeemable Preferred Stock, payable September 19, 2026 to holders of record as of September 19, 2026.

Preferred shares trace back to the Liberty Broadband acquisition

The 7,183,812 shares of Charter Preferred Stock outstanding were issued when each share of Liberty Broadband Corporation's Series A Cumulative Redeemable Preferred Stock converted into a newly issued Charter Preferred share at the deal's effective time.

Preferred stock carries fixed 7% yield and 2039 redemption date

The Charter Preferred Stock carries a liquidation preference of $25 per share plus accrued but unpaid dividends, pays dividends quarterly at a 7% annual rate, and is mandatorily redeemable on September 19, 2026. Each share is entitled to 1/3 of a vote.

Scottsdale, Ariz. – September 18, 2026 -- Axon Enterprise, Inc. (Nasdaq: AXON) intends to offer $1.0 billion in aggregate principal amount of 0% convertible senior notes due 2031, subject to market conditions, the public safety technology company announced.

Axon adds $150 million over-allotment option for underwriters

Underwriters will have the option to purchase up to an additional $150.0 million in notes to cover over-allotments, exercisable for settlement within an 11-day period beginning on the first issuance date. Goldman Sachs & Co. LLC, Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC, RBC Capital Markets, LLC and Citigroup Global Markets Inc. are serving as joint lead book-running managers.

Stockholm – September 18, 2026 -- SciBase Holding AB has pushed back the first day of trading in subscription rights and paid subscribed shares (BTA) tied to its ongoing rights issue by one day, moving the start date from September 18, 2026 to September 18, 2026 on Nasdaq First North Growth Market.

The subscription period itself remains unchanged, running from September 15 through September 18, 2026.

Timetable shift leaves subscription window intact

The Swedish medtech company confirmed the updated timetable applies only to the trading commencement of subscription rights and BTAs, not to the underlying subscription mechanics of the capital raise.

Michael Colérus, Chief Financial Officer of SciBase, is the designated contact for investor inquiries related to the adjustment.