Content about Bond

July 11, 2013

Bloomberg reported that Best Buy Co. has increased the size of its first bond offering since 2011 from $350 million to $500 million as it prepares to repay an equal amount of notes due July 15.

New York -- Bloomberg reported that Best Buy Co. has increased the size of its first bond offering since 2011 from $350 million to $500 million as it prepares to repay an equal amount of notes due July 15.

According to the report, who cited an unidentified source, the five-year securities may yield 5%; proceeds may be used to refinance debt, fund working capital or repurchase stock.

 

June 19, 2013

Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

Camp Hill, Pa. — Rite Aid is offering to buy back $810 million worth of debt while increasing the amount of a new bond sale announced Tuesday, the retail pharmacy chain said.

Rite Aid said it would buy back all of its $810 million worth of 9.5% senior notes due 2017. The company also said it would increase the $400 million offering of 6.75% senior notes due 2021 by another $410 million, for a total of $810 million, as part of a debt-refinancing plan.

May 2, 2013

The bond is growing stronger between retailers' marketing and IT departments, and investments and activity in marketing-related IT projects are on the rise, according to a new study from EKN.

Austin, Texas -- The bond is growing stronger between retailers' marketing and IT departments, and investments and activity in marketing-related IT projects are on the rise, according to a new study from EKN. More than 60% of the survey respondents indicated that the number of IT projects focused on marketing initiatives will increase in 2013 over last year.
    

February 5, 2013

J.C. Penney Co. filed a lawsuit asking a Delaware judge to declare that it is not in a default of its bond agreements, protecting nearly $3 billion of debt from being due in the coming months, Reuters reported.

New York -- J.C. Penney Co. filed a lawsuit on Monday asking a Delaware judge to declare that it is not in a default of its bond agreements, protecting nearly $3 billion of debt from being due in the coming months, Reuters reported.

According to the report, J.C. Penney received a letter earlier on Monday from the Brown Rudnick law firm that said J.C. Penney had breached a covenant of a bond indenture agreement by granting a lien on its inventory. J.C. Penney filed the lawsuit after receiving the letter.     

March 28, 2011

Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

Atlanta -- Home Depot said Monday it is returning to the corporate bond market for the second time in less than seven months to rebuild its cash stockpile and finance share buybacks.

According to a filing with the Securities and Exchange Commission, the company plans to sell 10- and 30-year bonds. It is offering $1 billion of each maturity.

Home Depot is replacing $1 billion of 5.2% notes issued in 2006 that matured March 1, and raising money to buy its own stock. The notes may be sold as soon as Monday.

January 5, 2011

Prudential Douglas Elliman's Retail Group said that it has arranged another location for Bond No. 9, this time in Meatpacking at 863 Washington Street, between 13th and 14th Streets, near the edge of the High Line.

New York City -- Prudential Douglas Elliman's Retail Group said that it has arranged another location for Bond No. 9, this time in Meatpacking at 863 Washington Street, between 13th and 14th Streets, near the edge of the High Line.

The new store represents the fifth New York City location orchestrated by Prudential Douglas Elliman for the fragrance retailer.

July 11, 2010

Crosland announced Monday that three new leases have been signed at Tranquil Court on Selwyn....

June 10, 2010

A report Friday said that Blockbuster is in discussions with bondholders to get up to...

October 1, 2009

CIT Group said late Thursday that its restructuring plan has been approved by its board...

July 14, 2008

Walgreen Co. said Tuesday it priced a $1.3 billion, five-year offering and will use proceeds...

February 24, 2005

New York City, ...