Capital Markets

Calgary, AB – September 29, 2026 -- Canadian Pacific Railway Company (CPRC), the wholly owned subsidiary of Canadian Pacific Kansas City Limited (TSX: CP) (NYSE: CP), is issuing C$1.8 billion in notes across four tranches, guaranteed by parent CPKC.

CPRC structures debt sale across four maturities from 2030 to 2056

The offering comprises C$500 million of 4.20% Notes due 2030, C$550 million of 4.60% Notes due 2033, C$300 million of 4.90% Notes due 2037 and C$450 million of 5.40% Notes due 2056. The staggered maturity profile spans 4 to 30 years, giving CPKC a blended long-term debt structure.

Net proceeds target refinancing of existing CPRC debt

CPKC stated the funds will be used primarily for refinancing outstanding indebtedness and for general corporate purposes. Until deployed, unused proceeds may be parked in short-term investment-grade securities, money market funds or bank deposits.

Pasadena, Calif. – September 29, 2026 -- Alexandria Real Estate Equities, Inc. (NYSE: ARE) has closed an amended $5.0 billion unsecured senior line of credit, pushing the facility's maturity to January 2032 and cutting its borrowing margin by 11 basis points. The amended agreement became effective September 29, 2026.

Maturity extended by two years through staged extension options

The amendment moves the facility's maturity date from September 29, 2026 to September 29, 2026, contingent on Alexandria exercising two available six-month extension options, subject to certain conditions. The move preserves the life science REIT's revolving credit capacity and extends its debt maturity ladder.

Borrowing rate drops to SOFR plus 0.725%

The applicable borrowing rate falls to SOFR plus 0.725%, down from SOFR plus 0.835%, an 11-basis-point reduction that lowers Alexandria's cost of capital on the facility.

San Diego – September 29, 2026 -- Viking Therapeutics, Inc. (Nasdaq: VKTX) has closed concurrent upsized public offerings totaling approximately $575.0 million in gross proceeds, funding to accelerate its late-stage obesity drug pipeline.

Viking raises $575 million through combined stock and convertible note sale

The clinical-stage biopharmaceutical company sold 9,035,714 shares of common stock at $35.00 per share, alongside $258.75 million in aggregate principal amount of 2.00% convertible senior notes due 2032. Both tranches were upsized after underwriters fully exercised their options, adding 1,178,571 shares to the equity offering and $33.75 million to the note offering.

Dubai – September 28, 2026 -- Bybit and Franklin Templeton, a $1.7 trillion asset manager, have launched a collateral program letting institutional clients pledge tokenized money market fund shares to access trading credit on Bybit's exchange.

Institutional clients can now pledge Benji-issued fund shares for USDT or USDC credit lines

Eligible investors use ByCustody, Bybit's institutional custody platform, to pledge shares issued through Franklin Templeton's Benji Technology Platform, a blockchain-integrated recordkeeping and transfer agency infrastructure. The pledged value is mirrored inside Bybit's trading environment while the underlying assets stay off-exchange in custody, allowing clients to continue earning yield on holdings while using them to support trading activity.

Toronto – September 28, 2026 -- Sixty Degree Capital (SDC) saw five portfolio companies complete initial public offerings in 2026, including the largest IPO in history and the largest biotech IPO on record. SpaceX, Parabilis Medicines, Cerebras, HawkEye 360 and Lime each began trading on U.S. exchanges between May and July, while GrubMarket has filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission.

SpaceX offering reaches approximately US$75 billion, the largest IPO ever recorded

SpaceX's public listing totaled roughly US$75 billion, according to the Toronto-based venture capital firm, marking the largest IPO in history. The offering anchors a wave of 2026 public-market exits across SDC's technology and healthcare portfolio.

Stockholm – September 28, 2026 -- Telefonaktiebolaget LM Ericsson repurchased Class B shares on Nasdaq Stockholm during the week of September 21-25, 2026, lifting its total treasury stock holding to 108,518,663 Class B shares.

Ericsson advances SEK 15 billion buyback program launched in April 2026

The latest repurchases form part of Ericsson's share buyback program of up to SEK 15,000,000,000, announced on April 16, 2026. The program runs from April 23, 2026, through March 31, 2027, at the latest, and is being executed on Ericsson's behalf by Goldman Sachs Bank Europe SE.

Board plans to propose cancellation of repurchased shares at 2027 AGM

Ericsson's Board of Directors intends to propose to the 2027 Annual General Meeting that the repurchased shares be cancelled, with the exception of those retained to fulfil obligations under the company's share-related incentive programs.

Southlake, Texas – September 26, 2026 -- Sabre Corporation (Nasdaq: SABR) disclosed that its indirect subsidiary, Sabre Financial Borrower, LLC, has secured tenders exceeding 90% of the aggregate principal amount outstanding on its targeted securities as of the September 26, 2026 early tender deadline, clearing the threshold required to force redemption of the remaining debt.

Over 90% acceptance triggers mandatory redemption of holdout bonds

Because more than 90% of the outstanding principal was validly tendered under the terms of the Indenture, Sabre Financial intends to issue a notice of redemption covering any securities that remain outstanding after the early settlement. The redemption price will match the Total Consideration offered in the tender, plus accrued and unpaid interest, with the redemption date expected on September 26, 2026.

New York City – September 25, 2026 -- Babylist opened a 20,000-square-foot showroom in New York City, featuring dedicated stroller test tracks, a Volvo vehicle for hands-on car seat installation practice, and a 600-square-foot model apartment where parents can test how baby gear fits into real living spaces.

Babylist targets the full early-parenting journey with an experiential retail format

The company said the showroom was built to let expecting and new parents interact with products across the entire early parenting journey rather than browse static displays. Chief Marketing and Experience Officer Jill Cress discussed the New York City site selection during an appearance on NYSE Live.

Waterloo, ON – September 25, 2026 -- OpenText Corporation (NASDAQ: OTEX; TSX: OTEX) has slashed the ceiling on its cash tender offer for outstanding 3.875% Senior Notes due 2028 to $300 million from $450 million, while pushing back key deadlines by one day.

OpenText lowers aggregate maximum tender amount by $150 million

The amended terms cut the Aggregate Maximum Tender Amount for the Bonds from $450 million to $300 million aggregate principal amount, according to the company's announcement modifying the Offer to Purchase dated September 23, 2026.

Stockholm – September 25, 2026 -- SciBase Holding AB's SEK 57.5 million rights issue is now fully covered after Bergs Securities AB confirmed a binding guarantee commitment of approximately SEK 24.2 million, equal to 42 percent of the offering.

Guarantee commitment converts letter of intent into binding coverage

Bergs Securities fulfilled on September 25, 2026, a guarantee intention it first announced on September 3, 2026, by delivering a formal guarantee confirmation to SciBase. The firm has backed the commitment with sub-guarantee agreements from a consortium of investors covering the full guaranteed amount.