Debt Refinancing

West Fraser Secures $500M Term Loan, Declares $0.32 Dividend

Vancouver – September 20, 2026 -- West Fraser Timber Co. Ltd. has entered into a new $500 million three-year term loan maturing in September 2029, with part of the proceeds retiring its existing $300 million term loan due in 2028.

New financing boosts liquidity to over $1.2 billion pro forma

The Company's $1 billion syndicated credit facility remains outstanding on existing terms, with approximately four years remaining to its May 2030 maturity. Interest on the term loan continues to be payable at floating rates based on US Base Rate Advances or SOFR Advances at the Company's option. The loan is repayable in whole or in part at any time without penalty, though amounts paid down cannot be redrawn.

PBF Holding Prices $500M Zero-Coupon Notes to Refinance 2030 Debt

Parsippany-Troy Hills, N.J. – September 18, 2026 -- PBF Energy Inc.'s subsidiary PBF Holding Company LLC has priced $500 million in 0% exchangeable notes due 2032, with net proceeds earmarked largely to retire its existing 7.875% Senior Unsecured Notes due 2030.

PBF Holding sets zero-coupon terms with 37.5% exchange premium

The notes, co-issued with PBF Finance Corporation, carry no regular interest and will not accrete in principal. The initial exchange price is approximately $96.80 per share, a 37.5% premium over PBF Energy's $70.40 closing share price on the New York Stock Exchange on September 18, 2026. Initial purchasers hold an option to buy up to $50 million in additional notes within 13 days of issuance.

Wynn Resorts Prices $900M Notes to Refinance 2027 Debt

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.