CEC Entertainment, known for its Chuck E. Cheese brand, is facing significant difficulties in attracting sufficient demand for its high-yield bonds totaling $660 million. This financing is necessary to refinance debt that is due next year. The leading banks involved in the deal, JPMorgan Chase & Co. and Goldman Sachs Group Inc., have struggled to secure enough investor interest.
Rio Tinto, the world's second-largest mining company, has announced its intention to sell bonds in the United States. This move aims to refinance an interim loan utilized for financing the recent acquisition of Arcadium Lithium Plc for $6.7 billion. This article explores the company's plans and the implications of this deal, as well as Rio Tinto's financial situation.
Indian company Adani Green $ADANIGREEN.NS has successfully raised $1.06 billion to refinance debt obligations related to its renewable energy project from 2021. This marks the first major fundraising by the company since U.S. authorities leveled bribery charges against its top executives. The news was announced on Monday, signaling a critical financial maneuver for the company despite ongoing legal controversies.