Auction rate securities (ARS) are variable-rate debts auctioned at minimal yield, functioning as bonds or preferred stock. Learn their market role and dynamics.
Bond issuers may wish to pursue an unmodified reverse Dutch auction for debt repurchases, an effective but underutilised transaction template that is gaining popularity. During the second half of 2022 ...
FINDLAY, Ohio, May 17, 2021 /PRNewswire/ — Marathon Petroleum Corp. (NYSE: MPC) today announced that it commenced a “modified Dutch auction” tender offer to purchase up to $4.0 billion of shares of ...
On 13 June, Sila Realty Trust, Inc. commenced a Dutch auction tender offer to repurchase shares of its own stock with a price range of $22.60 through $24.00. Since then, SILA has often traded ...
AMSTERDAMAMSTERDAM — The Dutch government started an auction Monday of new 5G wireless frequencies, with telecom companies bidding so they can provide customers with the faster mobile communication ...
WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today announced its current intention to launch a “modified Dutch auction” tender offer to ...