WellPoint boosts debt offering to $1 billion
Proceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
Proceeds from the sale will be used for working capital and general corporate purposes, including debt repayment, the company
said in a prospectus.
KAR Auction Services reported a profit of $5.3 million in the fourth quarter after sustaining a loss in the same period in
2008. The company's CEO attributed the turnaround to several factors, including the completion of an initial public offering.
The Carmel-based life and health insurer immediately applied $161 million of the funds to its bank loans.
Carmel-based insurer also wants to amend bank loans to assuage investor concerns ahead of $200 million stock offering.
Calumet Specialty Products Partners LP is selling 3 million shares of common stock to pay debt and to finance requirements
of an agreement with another company.
Evansville-based Old National Bancorp said yesterday that it has priced its public offering of 18 million shares of company
stock at $10 per share.
Evansville-based Old National Bancorp said this morning that it is selling $150 million of its stock in a public offering
and will use some of the proceeds to fund potential acquisitions.
Brightpoint Inc. said this morning shareholder NC Telecom Holding A/S would sell 15 million common shares in a public offering.