On Wednesday, NextEra Energy Inc (NYSE:NEE)’s shares inclined 1.65% to $108.39.
NextEra Energy Capital Holdings, Inc. declared that it will conduct a remarketing of its Series F Debentures due Sept. 1, 2017 (the “Debentures”) (CUSIP No. 65339K AE0), which are presently outstanding in the aggregate principal amount of $650 million, on Aug. 5, 2015 (and, if necessary, on the following two business days). The Debentures were originally issued as part of NextEra Energy, Inc.’s Corporate Units (CUSIP No. 65339F 887) on Sept. 11, 2012 (the “Corporate Units”) in conjunction with a Purchase Contract Agreement, dated as of Sept. 1, 2012 (the “Purchase Contract Agreement”). The Debentures are guaranteed by NextEra Energy Capital Holdings’ parent company, NextEra Energy, Inc. (NEE).
NextEra Energy, Inc., through its auxiliaries, generates, transmits, and distributes electric energy in the United States and Canada. The company generates electricity from gas, oil, solar, coal, petroleum coke, nuclear, and wind sources. As of December 31, 2014, it served about 9 million people through about 4.7 million customer accounts in the east and lower west coasts of Florida.
Dynegy Inc. (NYSE:DYN)’s shares gained 5.83% to $24.49.
Dynegy Inc. (DYN) has commenced registered exchange offers (the Exchange Offers) of:
- $2,100,000,000 in aggregate principal amount of its 6.75% Senior Notes due 2019 (the 2019 Exchange Notes), registered under the Securities Act of 1933, as amended (the Securities Act), for all of its outstanding unregistered 6.75% Senior Notes due 2019 (the 2019 Notes);
- $1,750,000,000 in aggregate principal amount of its 7.375% Senior Notes due 2022 (the 2022 Exchange Notes), registered under the Securities Act, for all of its outstanding unregistered 7.375% Senior Notes due 2022 (the 2022 Notes); and
- $1,250,000,000 in aggregate principal amount of its 7.625% Senior Notes due 2024 (the 2024 Exchange Notes and, together with the 2019 Exchange Notes and the 2022 Exchange Notes, the Exchange Notes), registered under the Securities Act, for any and all of its outstanding unregistered 7.625% Senior Notes due 2024 (the 2024 Notes and, together with the 2019 Notes and the 2022 Notes, the Notes).
Dynegy Inc., through its auxiliaries, produces and sells electric energy, capacity, and ancillary services in the United States. It operates in three segments, Coal, IPH, and Gas. The company sells its services on a wholesale basis from its power generation facilities. It has a fleet of 15 power plants in 5 states totaling about 13,000 megawatts of generating capacity.
At the end of Wednesday’s trade, Arcos Dorados Holding Inc (NYSE:ARCO)‘s shares dipped -13.78% to $3.79.
Arcos Dorados (ARCO), Latin America’s largest restaurant chain and the world’s largest McDonald’s franchisee, declared the appointment of Sergio Alonso, 52, as its new Chief Executive Officer, effective October 1. Mr. Alonso succeeds Chairman and Chief Executive Officer Woods Staton, 65, who will remain as Executive Chairman.
Preceding to his promotion, Mr. Alonso was Arcos Dorados’ Chief Operating Officer, a position he assumed in 2007, when Arcos Dorados became the world’s largest McDonald’s franchisee, operating in 20 countries. Since that time, Arcos Dorados doubled its sales and grew its restaurant base by 30% to more than 2,100 restaurants in Latin America and the Caribbean. An practiced veteran, he began his career at McDonald’s in 1987 as Accounting Manager and subsequently moved to the operations area, eventually being promoted to Vice President of Operations in Argentina. Mr. Alonso has served both Arcos Dorados and McDonald’s Corporation in key leadership roles, counting McDonald’s Divisional President in Brazil. He is a Certified Public Accountant from the Universidad de Buenos Aires in 1986.
Fifth Street Finance Corp. (NASDAQ:FSC), ended its Wednesday’s trading session with -0.61% loss, and closed at $6.53.
Fifth Street Finance Corp. (FSC) declared that its portfolio company, HFG Holdings, LLC (“Healthcare Finance Group” or “HFG”), a specialty lender providing asset-backed lending and term loan products to various segments of the healthcare industry, has been sold to MidCap Financial. FSC attained HFG in June of 2013 and, together with administration, expanded the company’s suite of products and capabilities, positioning it for future growth.
Fifth Street Finance Corp. is a business development company specializing in investments in middle market, bridge financing, first and second lien debt financing, mezzanine debt, senior and junior secured debt, expansions, sponsor-led acquisitions, and administration buyouts in small and mid-sized companies. It seeks to invest in education services, business services, retail and consumer, healthcare, manufacturing, food and restaurants, construction and engineering, and media and advertising sectors.
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