Debt Management

Norwalk, Conn. – October 30, 2026 -- Xerox Holdings Corporation (NASDAQ: XRX) has launched an exchange transaction covering about $174 million of its senior notes due 2028, which will cut total debt principal by roughly $53 million and push $121 million of maturities out to 2030.

Exchange covers more than 30% of outstanding 2028 Notes

The deal addresses more than 30% of the 2028 Notes still outstanding, following open market purchases earlier this year. CFO Chuck Butler said the company is moving to "proactively address our upcoming maturities" while preserving liquidity to support the business.

Ad hoc first lien group anchors the transaction

An ad hoc group of first lien lenders anchors the exchange. Holders of the 2028 Notes will receive newly issued first lien senior secured notes due October 2030 from Xerox Corporation, plus Xerox common stock.

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.

Colorado Springs – September 28, 2026 -- Century Casinos, Inc. (Nasdaq: CNTY) has agreed to sell the racing and gaming operations of Century Mile Racetrack and Casino in Edmonton and Century Downs Racetrack and Casino in Calgary to Highfield Investment Group for approximately $16.4 million, a 6.1x multiple of FY 2025 EBITDA.

Deal values Alberta racinos at CAD 23.2 million based on current exchange rates

The purchase price translates to CAD 23.2 million using the September 27, 2026 exchange rate of 0.7074 CAD/USD. Century Casinos owns 100% of Century Mile and a 75% stake in Century Downs, with noncontrolling partners holding the remaining 25% of the latter property.

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.

Southlake, Texas – September 25, 2026 -- Sabre GLBL Inc., the wholly-owned subsidiary of Sabre Corporation (Nasdaq: SABR), has capped its cash tender offer at a $250 million aggregate purchase price, triggering a proration of its 10.750% Senior Secured Notes due 2029 at approximately 84.0%.

Tender offers expired September 25, 2026 with the $250 million ceiling exceeded

The tender offers closed at 5:00 p.m. New York City time on September 25, 2026, according to information supplied to D.F. King & Co., Inc., the tender and information agent. Because the aggregate purchase price of validly tendered 10.750% Notes due 2029 alone exceeded the $250 million cap, no 10.750% Senior Secured Notes due 2030 or 11.125% Senior Secured Notes due 2030 will be accepted for purchase.

Toronto – September 22, 2026 -- Sun Life Financial Inc. (TSX: SLF) (NYSE: SLF) will redeem all $500 million principal amount of its outstanding Series 2021-1 Subordinated Unsecured 2.46% Fixed/Floating Debentures on September 22, 2026, funding the buyback entirely from existing cash and liquid assets.

Sun Life exercises its call option on 2.46% debentures ahead of rate reset

The Debentures become redeemable at Sun Life's option on or after September 22, 2026, at a price equal to the principal amount plus accrued and unpaid interest through the redemption date. The insurer confirmed it intends to exercise this option on that exact date, with formal notice to be delivered to Debenture holders under the terms of the governing trust indenture.

Southlake, Texas – September 19, 2026 -- Sabre Corporation's wholly owned subsidiary, Sabre Financial Borrower, LLC, priced an upsized private offering of $1.35 billion in 9.875% Senior Secured Notes due 2032, increased from an initial $1.1 billion target. The Nasdaq-listed travel technology firm (SABR) expects the transaction to close on September 19, 2026.

Southlake, Texas – September 19, 2026 -- Sabre Corporation (Nasdaq: SABR) has commenced additional tender offers through its wholly-owned subsidiary Sabre GLBL Inc. to repurchase outstanding securities for cash, capping the aggregate purchase price at $250 million.

Sabre GLBL sets a September 24 deadline for bondholders to tender securities

The tender offers expire at 5:00 p.m. New York City time on September 19, 2026, unless extended or terminated early. Holders must validly tender by that deadline to receive the purchase price plus accrued and unpaid interest, with settlement expected on September 19, 2026. Withdrawal rights also close at the same September 24 deadline.

Monterrey – September 18, 2026 -- Nemak, S.A.B. de C.V. has commenced a tender offer and consent solicitation to purchase any and all of its outstanding 2.250% Senior Notes due 2028, offering holders full par value of €1,000 per €1,000 principal amount plus accrued interest.

Tender offer targets full redemption of 2028 notes

The offer covers Notes issued under Regulation S (ISIN XS2362994068) and Rule 144A (ISIN XS2362996519). The Tender Offer expires at 11:00 a.m. New York time (5:00 p.m. CET) on September 18, 2026, with settlement expected September 18, 2026.