Capital Markets

London – September 17, 2026 -- Mayer Brown has recruited Scott Ashton as partner and Brian Bates as senior counsel into its Capital Markets practice, adding two attorneys who have represented issuers on roughly 30 percent of total cross-border U.S. private placement debt issuance in recent years. Both will be based in the firm's London office.

New hires specialize in cross-border private placements for infrastructure and energy funding

Ashton and Bates focus on cross-border securities offerings, representing issuers and placement agents on debt and equity transactions. Their practice centers on advising non-U.S. entities placing private debt with U.S. and other large institutional investors and pension funds, a funding channel that continues to expand for infrastructure and energy projects.

Las Vegas – September 17, 2026 -- Wynn Resorts Finance, LLC and its subsidiary Wynn Resorts Capital Corp. priced $900 million in aggregate principal amount of 6.875% Senior Notes due 2035 in a private offering, Wynn Resorts, Limited (NASDAQ: WYNN) announced. Both issuers are indirect wholly-owned subsidiaries of Wynn Resorts. The offering is expected to close on or about September 17, 2026, subject to customary conditions.

Proceeds target redemption of 5.250% notes maturing 2027

Wynn Resorts Finance plans to contribute or lend the net proceeds, combined with cash on hand, to subsidiary Wynn Las Vegas, LLC. Wynn Las Vegas will use the funds to redeem in full its outstanding 5.250% Senior Notes due 2027, issued jointly with Wynn Las Vegas Capital Corp., and to cover fees and expenses tied to both the new issuance and the redemption.

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.

The Woodlands, Texas – September 17, 2026 -- Target Hospitality Corp. (Nasdaq: TH) has closed an upsized secondary offering of 16,100,000 shares of common stock at $18.50 per share, after underwriters fully exercised their option to purchase an additional 2,100,000 shares on top of the original 14,000,000-share deal.

Selling stockholders linked to TDR Capital LLP monetize a 16.1 million-share stake

The shares were sold by Arrow Holdings S.à r.l. and MFA Global S.à r.l., entities controlled by TDR Capital LLP acting as investment fund manager. At $18.50 per share, the total offering, inclusive of the upsized option, was valued at roughly $297.9 million. Target Hospitality did not sell any shares in the transaction and received no proceeds from the offering.

Montreal – – September 16, 2026 -- CGI Inc. has priced C$500 million in senior unsecured notes split across two maturities, with proceeds earmarked to repay existing debt and fund general corporate purposes.

CGI splits offering into two tranches with distinct rates

The IT and business consulting firm, listed as GIB.A on the TSX and GIB on the NYSE, will issue C$250 million of 3.25-year notes carrying a 4.195% annual coupon alongside C$250 million of 4.75-year notes at 4.484%. The offering is expected to close on or about September 16, 2026, pending customary conditions.

Net proceeds land near C$497.3 million after fees

After deducting agents' fees and estimated offering expenses, CGI expects to net approximately C$497.3 million. The company said the funds will be applied to repaying existing indebtedness, with any remainder used for general corporate purposes.

Xiamen – September 16, 2026 -- Pop Culture Group Co., Ltd (NASDAQ: CPOP) will consolidate its ordinary shares at a 15-for-1 ratio effective September 16, 2026, cutting its Class A Ordinary Shares outstanding from 14,069,656 to approximately 937,978.

Nasdaq-listed shares consolidate at 15-for-1 ratio starting September 14

The Xiamen-based entertainment company confirmed the share consolidation applies uniformly across its Class A, Class B and Class C ordinary shares, each carrying a par value of US$0.1. Post-consolidation trading begins at market open on September 16, 2026, with Class A shares continuing under the ticker "CPOP" but under a new CUSIP number, G71700135.

Phoenix – September 15, 2026 -- Foundation 8, LLC has closed a $44.5 million first mortgage loan with Hilco Global Real Estate Capital to refinance and reposition the office component of 333 N Central Avenue, a landmark mixed-use tower in Downtown Phoenix.

Loan refinances acquisition debt and funds leasing costs

The financing replaces existing acquisition debt and provides additional capital for leasing costs, tenant improvements, and capital improvements tied to Foundation 8's business plan for the property. The office component spans 246,490 square feet of Class AA space across the top eight floors, plus 2,522 square feet of ground-floor retail, rooftop amenity rights, and shared parking access. A separately owned 242-key Westin Hotel occupies the building's middle floors.