Sitio's new 7.875% unsecured notes due November 2028 have a lower interest rate than its other debt. Sitio's variable interest rate notes due September 2026 have an effective interest rate of over 11% ...
- A portion of the proceeds expected to be used to repay outstanding Term Loans, including immediately paying off the $275MM 2027 Term Loan, reducing interest expense and enhancing financial ...
Evergreen Solar Inc. (Nasdaq: ESLRD) is commencing its offers to exchange new convertible notes for up to $200 million of its existing convertible debt, as part of the company’s plan to reduce ...
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