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Pinnacle

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Pinnacle West Prices Upsized Offering Of $475 Mln Of 4.75% Convertible Senior Notes Due 2027

BRIEF-Pinnacle West Prices Upsized Offering Of $475 Mln Of 4.75% Convertible Senior Notes Due 2027 June 4 (Reuters) - Pinnacle West Capital Corp PNW.N : PINNACLE WEST UPSIZES AND PRICES OFFERING OF $475 MILLION OF 4.75% CONVERTIBLE SENIOR NOTES DUE 2027 Source text for Eikon: ID:nBw61xTSna Further company coverage: PNW.N
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U.S. STOCKS Arrowhead, Novavax, Precigen

BUZZ-U.S. STOCKS ON THE MOVE-Arrowhead, Novavax, Precigen Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The Nasdaq and the S&P 500 inched up on Monday as falling U.S. Treasury yields boosted megacap growth stocks, while investors assessed data that showed local manufacturing activity had eased for the second consecutive month in May.
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U.S. STOCKS MarineMax, JetBlue Airways, Boston Beer

BUZZ-U.S. STOCKS ON THE MOVE-MarineMax, JetBlue Airways, Boston Beer Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 Nasdaq and S&P 500 futures started the month on a positive note on Monday as falling U.S. Treasury yields boosted megacap growth stocks ahead of a data-packed week.
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Pinnacle West drops on convertible debt deal plans

BUZZ-Pinnacle West drops on convertible debt deal plans ** Pinnacle West's PNW.N shares down 3.7% at $76 premarket as utility firm looks to raise capital ** Co says offering privately $450 mln convertible bonds due 2027 ** It says plans to use net offering proceeds for general corp purposes, including debt repayment/refinancing, working capital and investments in operating subsidiary, Arizona Public Service Company ** Pinnacle has ~$9 bln market cap, per LSEG data ** Through Fri, PNW up 9.8% YTD
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Pinnacle West Announces Proposed Offering Of $450 Mln Of Convertible Senior Notes Due 2027

BRIEF-Pinnacle West Announces Proposed Offering Of $450 Mln Of Convertible Senior Notes Due 2027 June 3 (Reuters) - Pinnacle West Capital Corp PNW.N : PINNACLE WEST ANNOUNCES PROPOSED OFFERING OF $450 MILLION OF CONVERTIBLE SENIOR NOTES DUE 2027 Source text for Eikon: ID:nBw2CKmGfa Further company coverage: PNW.N
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