FINWIRES · TerminalLIVE
FINWIRES

New Hope Completes AU$300 Million Convertible Notes Offering

-- New Hope (ASX:NHC) completed a AU$300 million issuance of 2.625% senior unsecured convertible notes due 2032 and the concurrent repurchase of AU$293.3 million of its existing 2029 convertible notes, according to a Thursday filing with the Australian bourse.

The new notes are expected to be listed on the Singapore Exchange Securities Trading on or around Thursday, per the filing.

The repurchased 2029 notes, which account for around 98% of the outstanding notes, will be cancelled under their terms, the filing said. The company also plans to redeem the remaining AU$6.7 million of notes at par plus accrued interest prior to maturity.

Related Articles

Equities

Wells Fargo Adjusts Price Target on EQT to $79 From $70, Maintains Overweight Rating

EQT (EQT) has an average rating of overweight and mean price target of $70.76, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://www..com/contact-us)

$EQT
Research

Research Alert: Blackstone Posts Slight Q1 2026 Earnings Beat, Revenue In Line

CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:BX delivered solid Q1 2026 results with distributable earnings of $1.36 per share, narrowly exceeding the $1.34 consensus estimate and reflecting 25% Y/Y growth led by strong net realizations of $36B across Private Equity ($15B) and Credit & Insurance ($14B). The firm demonstrated exceptional asset gathering momentum with $68.5B of inflows and total AUM reaching $1.3T (+12% Y/Y), while fee-earning AUM grew to $937.6B (+9% Y/Y). The firm is seeing successful monetization and exits from private equity-owned companies, with continued focus on fast-growing areas such as digital and energy infrastructure positioning the firm well for future growth. Credit & Insurance led AUM growth at $457.5B (+17.7% Y/Y), followed by Private Equity at $429.9B (+15.9%), while Real Estate faced headwinds at $315.3B (-2% Y/Y). We think Credit & Insurance and Private Equity will continue to lead growth and performance in 2026 from institutional demand, while Real Estate will grow modestly as market conditions improve over time.

$BX
Sectors

Sector Update: Consumer

Consumer stocks were mixed pre-bell Thursday, with the State Street Consumer Staples Select Sector SPDR ETF (XLP) 0.3% higher and the State Street Consumer Discretionary Select Sector SPDR ETF (XLY) down 0.5%.Keurig Dr Pepper (KDP) shares were up almost 3% after the company reported Q1 adjusted earnings and revenue that topped analysts' expectations.

$KDP