Debt Financing

Southwest Airlines Prices $1.25B Senior Notes at 5.75%-6.00%

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Southwest Airlines Prices $1.25B Senior Notes at 5.75%-6.00%

DALLAS – October 31, 2026 -- Southwest Airlines Co. (NYSE: LUV) priced an underwritten public offering of $1.25 billion in senior notes, split into $600 million of 5.750% Notes due 2029 and $650 million of 6.000% Notes due 2031.

Two tranches carry coupons of 5.750% and 6.000%

The 2029 Notes total $600 million and the 2031 Notes $650 million. The offering is expected to close on or about November 2, 2026, subject to customary closing conditions.

Proceeds target a $300 million maturity due November 15, 2026

Southwest expects to use the net proceeds for general corporate purposes. These may include repaying at maturity all of its outstanding $300 million of 3.000% notes due November 15, 2026, as well as repaying or redeeming other indebtedness or corporate obligations.

Kimberly-Clark Extends Kenvue Note Exchange Offers to Nov. 2

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Kimberly-Clark Extends Kenvue Note Exchange Offers to Nov. 2

DALLAS – October 29, 2026 -- Kimberly-Clark Corporation extended the expiration of its exchange offers for any and all outstanding Kenvue Inc. notes, which cover up to $7 billion of new Kimberly-Clark notes, from 5:00 p.m. New York City time on October 29, 2026 to 5:00 p.m. on November 2, 2026.

All other terms of the exchange offers remain unchanged. Kimberly-Clark may extend the deadline further.

Exchange offers depend on the Kenvue acquisition closing

The offers are conditioned on completion of Kimberly-Clark's pending acquisition of Kenvue. Kimberly-Clark cannot waive that condition, though it may waive certain other conditions. Settlement is expected promptly after the expiration date.

Boots Group Seeks Noteholder Consent Ahead of Wittington-Fairfax Deal

London – October 19, 2026 -- Boots Group Finco L.P. and The Boots Group Luxco S.à r.l. have launched a consent solicitation covering €650 million of 5.375% and £375 million of 7.375% senior secured notes due 2032, offering holders a cash fee of 2.50 per 1,000 of principal for backing indenture changes tied to a pending change of ownership.

Wittington and Fairfax funds agree to acquire Boots Group parent on October 7

Oak UK Bidco Limited, owned directly or indirectly by funds linked to Wittington Investments, Limited, together with funds linked to Fairfax Financial Holdings Limited, signed a share purchase agreement on October 7, 2026. Under it, the buyer will acquire all issued and outstanding ordinary shares of Blazing Star Boots Superco (Jersey) Limited from The Boots Group Limited. Completion is expected in the first half of 2027, though the agreement allows that date to be extended.

Select Water Upsizes Notes to $900M at 7.625% to Fund Pilot Deal

Gainesville, Texas – October 15, 2026 -- Select Water Solutions, Inc. (NYSE: WTTR) priced an upsized $900 million offering of 7.625% senior notes due 2034 through its subsidiary Select Water Holdings LLC, raising the deal by $100 million from the initial $800 million.

Notes priced at par with semiannual coupons starting May 2027

The notes mature on October 15, 2026, and pay interest at 7.625% per year on May 1 and November 1. The first payment is due October 15, 2026. The offering is expected to close on October 15, 2026, subject to customary closing conditions.

The notes are guaranteed jointly and severally on a senior unsecured basis by existing subsidiaries that are borrowers or guarantors under the revolving credit facility. Future restricted subsidiaries that guarantee certain indebtedness of the issuer or a guarantor under any credit facility will also guarantee them.

Kholo Capital Lends R275M Mezzanine Debt to ICT Distributor DCC

Johannesburg – October 13, 2026 -- Kholo Capital Mezzanine Debt Fund I has provided R275 million (US$17 million) in mezzanine debt to DCC Holdings Proprietary Limited, a South African information and communications technology (ICT) distributor. The funding will refinance DCC's existing debt and support its long-term growth strategy.

Kholo Capital enters DCC's capital structure alongside Kleoss Capital

DCC's shareholders are senior management and private equity investor Kleoss Capital. DCC CEO Carlos Ferreira said the shareholders are introducing Kholo Capital into the group's capital structure. He said DCC has grown steadily by adding key brands and expanding its footprint within established vendor relationships.

Kleoss Managing Partner Hale Matsipa described the deal as a collaboration with a fellow private markets investor and evidence of positive momentum in South Africa's private markets.

AerCap Prices $1.5B Senior Notes in Two Tranches, 5.500% to 5.875%

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AerCap Prices $1.5B Senior Notes in Two Tranches, 5.500% to 5.875%

Dublin – October 12, 2026 -- AerCap Funding Designated Activity Company, a wholly-owned subsidiary of AerCap Holdings N.V., has priced $1.5 billion of senior notes split evenly between a 2030 and a 2033 maturity.

AerCap Funding splits the $1.5 billion offering into two $750 million tranches

The 5.500% Senior Notes due 2030 and the 5.875% Senior Notes due 2033 each carry a principal amount of $750 million. The 2033 tranche pays a coupon 0.375 percentage points higher than the 2030 tranche in exchange for three additional years of maturity.

AerCap Holdings and certain other subsidiaries will guarantee the notes fully and unconditionally on a senior unsecured basis.

Live Nation Prices $730M and €600M Senior Notes to Refinance 2027 Debt

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Live Nation Prices $730M and €600M Senior Notes to Refinance 2027 Debt

Los Angeles – – October 08, 2026 -- Live Nation Entertainment (NYSE: LYV) has priced a dual-currency debt offering totaling $730 million in 7.125% senior notes due 2032 and €600 million in 6.125% senior notes due 2032, with both tranches issued at 100.000% of face value.

Proceeds will retire existing 2027 secured notes
The concert promoter plans to use net proceeds to fully redeem its outstanding 6.500% senior secured notes due 2027, cover offering-related fees, and fund general corporate purposes, which may include further repayment or repurchase of company debt.

Closing set for October 08, 2026
The transaction is expected to close on October 08, 2026, subject to customary conditions. Obligations under both the U.S. Dollar Notes and Euro Notes will be guaranteed by Live Nation and its existing and future domestic restricted subsidiaries that back the company's senior secured credit facilities.

Trinity Capital Prices $350M in 7.50% Notes Due 2032

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Trinity Capital Prices $350M in 7.50% Notes Due 2032

Phoenix – October 01, 2026 -- Trinity Capital Inc. (NYSE: TRIN) has priced an underwritten public offering of $350.0 million in aggregate principal amount of 7.50% notes due 2032, the alternative asset manager announced.

Notes carry a 7.50% coupon with semiannual payments starting January 2027.

The unsecured notes will mature on October 01, 2026, with interest payable twice yearly commencing October 01, 2026. Trinity Capital retains the option to redeem the notes in whole or in part at any time at par, plus a make-whole premium if applicable.

Closing is set for October 01, 2026, pending customary conditions.

The offering remains subject to standard closing conditions ahead of the expected settlement date.

OpenText Prices $1B Notes to Refinance 2027 Debt, Fund Tender Offer

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OpenText Prices $1B Notes to Refinance 2027 Debt, Fund Tender Offer

Waterloo – September 24, 2026 -- Open Text Corporation (NASDAQ: OTEX, TSX: OTEX) has priced $1 billion in senior secured notes, split evenly between $500 million of 6.700% notes due 2031 and $500 million of 7.150% notes due 2033.

OpenText locks in $1 billion in fresh secured debt across two maturities

The offering, structured under Rule 144A and Regulation S, is expected to close October 1, 2026, subject to customary conditions. The Notes will carry guarantees from OpenText's existing subsidiary guarantors and co-obligors, secured on the same basis as the company's senior secured credit facilities, term loan credit agreement and its 6.900% Senior Secured Notes due 2027.

Tencent Music Closes $1 Billion Notes Offering to Refinance Debt, Fund Buybacks

Shenzhen – September 17, 2026 -- Tencent Music Entertainment Group has closed a US$1,000 million senior unsecured notes offering, netting approximately US$991.9 million after underwriting discounts and expenses.

TME splits offering into two tranches maturing 2031 and 2036

The offering consists of US$500 million in 5.050% notes due 2031 and US$500 million in 5.650% notes due 2036. The notes are registered under the U.S. Securities Act of 1933 and are set to list on The Stock Exchange of Hong Kong Limited on September 17, 2026.

Proceeds earmarked for offshore debt refinancing and share repurchases

TME plans to direct the net proceeds toward general corporate purposes, including refinancing existing offshore indebtedness and funding share buybacks. The company, dual-listed as NYSE: TME and HKEX: 1698, operates China's QQ Music, Kugou Music, Kuwo Music, WeSing and Ximalaya platforms.