Novelis issues $225M in tax-exempt bonds at 4.300% for Alabama waste facilities

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

NW Corp's obligations under the Term Loan are secured by a $225 million first mortgage bond

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

Item 1.01. Entry into a Material Definitive Agreement. On May 27, 2026 (the " Closing Date "), BlackRock TCP Capital Corp. (the " Company "), through its subsidiary, completed a $535,780,000 securitization of certain loans held by a subsidiary of the Company (the " CLO Transaction "). On the Closing Date and in connection with the CLO Transaction, BlackRock DLF 2026-C

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

On May 29, 2026, Encompass Health Corporation (the “Company”) completed the issuance and sale of $500 million in aggregate principal amount of its 5.875% Senior Notes due 2034 (the “Notes”), along with the related guarantees of the Notes by certain of the Company’s subsidiaries (the “Guarantees”), in a private offering.

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

Repo Rate Average; and for Australian‐dollar advances, Bank Bill Swap Rate), in each case subject to a 0.25% floor. The initial facility amount of the Credit Facility is $100 million, with an accordion feature that permits increases, with the consent of the facility agent and the lenders, up to an aggregate commitment of $500 million. The Credit Facility has

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

On May 8, 2026, Live Nation VenueCo, LLC (“VenueCo”), a bankruptcy-remote, special purpose vehicle owned by certain bankruptcy-remote, special purpose entities (the “Participants”), which are indirect subsidiaries of Live Nation Entertainment, Inc. (the “Company”), closed its previously announced issuance of €610 million aggregate principal amount of fixed rate senior secured notes (the “Notes”).

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

On May 5, 2026, HNO International, Inc. (the "Company") entered into a Securities Purchase Agreement (the "MSC Purchase Agreement") with Monroe Street Capital Partners, LP, a Delaware limited partnership (the "MSC Buyer"), pursuant to which the Company issued to the MSC Buyer a Convertible Promissory Note in the principal amount of $67,500

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

In connection with entering into the Credit Agreement, the Company entered into an amended and restated subordinated promissory note (Note No. 9) (the “Subordinated Debt Facility”) with Spark HoldCo and Retailco, LLC (“Retailco”). The Subordinated Debt Facility allows the Company to draw advances in increments of no less than $1.0 million per advance up to $25.0 million through November 6, 2029.

This filing

On March 6, 2026, Novelis Corporation (the “Company”), a wholly-owned subsidiary of the Parent, completed a financing transaction pursuant to which the Company entered into a Loan Agreement, dated as of March 1, 2026 (the “Loan Agreement”), with The Industrial Development Authority of Baldwin County (the “Issuer”), whereby the Issuer loaned $225 million in proceeds from the sale of Solid Waste Disposal Revenue Bonds (Novelis Corporation Project), Series 2026A, in the aggregate principal amount of $225 million (the “Bonds”), to the Company to finance a portion of the costs of the construction of the Company’s solid waste disposal facilities located in Baldwin County, Alabama.

Comparable filing

On May 6, 2026 (the “Closing Date”), Jersey Central Power & Light Company (the “Company”) completed its offering of $350,000,000 aggregate principal amount of its 4.600% Senior Notes due 2030 (the “Notes”)