TTM Technologies Closes $500M Senior Notes for Epiq Deal
TTM Technologies completed a $500M offering of 6.750% senior notes due 2034 to fund its $1.1B cash acquisition of Epiq Solutions and corporate needs.
Bruno
Costco Q4 Net Sales Hit $93.9B as Membership Renewals Top 92%
Costco reported Q4 net sales of $93.9B and $6.75 diluted EPS, propelled by a 92.3% renewal rate in the US and Canada and a 19.5% digital sales jump.
Clean Price vs. Dirty Price: How Bond Accrued Interest Works
Learn the difference between clean price and dirty price in bond trading, how accrued interest is calculated, day-count conventions, and IRS tax treatment.
Viking Therapeutics Prices Upsized $500M Dual Capital Raise
Viking Therapeutics priced an upsized $500M capital raise, pairing $275M in common stock at $35 and $225M in 2% convertible senior notes due 2032.
Oracle Invokes Force Majeure on $165B Project Jupiter AI Site
Oracle issued a force majeure notice to developer Blue Owl Capital over its $165B Project Jupiter data center in New Mexico following pipeline permit delays.
Capped Call Transactions Explained: How Companies Offset Dilution
Learn how capped call transactions work in convertible bond offerings, how lower and cap strikes offset equity dilution, and why dealers delta-hedge.
Alcoa Closes $2.6B Senior Notes to Fund South32 Assets
Alcoa closed a $2.6B senior notes offering across 2034 and 2036 tranches, terminating its bridge facility to fund its $3.1B South32 asset purchase.
Stitch Fix Q4 Revenue Hits $324M as Checkout Glitch Dents FY27
Stitch Fix reported Q4 revenue of $324.4 million, but shares dropped after hours as an August checkout glitch and shipment shifts clouded its FY27 outlook.
Adjustable-Rate Mortgages Explained: SOFR, Margin, Caps
Understand how adjustable-rate mortgages (ARMs) reset after the fixed period, including SOFR index calculation, lender margins, rate caps, and payment math.
IQVIA Closes $2B Senior Notes Sale to Refinance Debt
IQVIA completed a $2.0B sale of 6.375% senior notes due 2034 to redeem its 5.000% 2026 notes and pay down revolving debt, pushing maturities out eight years.