Chester County News and Community Website
EXTON, PA — Bentley Systems, Incorporated (Nasdaq: BSY) said it has repaid at maturity $678 million in principal and accrued interest on its 0.125% convertible senior notes due 2026, a …
Bentley Retires $678M Convertible Debt, Tightening Balance Sheet Read More
WILMINGTON, DE — Onfolio Holdings Inc. (Nasdaq: ONFO, ONFOW; OTC: ONFOP) said it has moved quickly to strengthen its balance sheet, retiring a portion of acquisition-related debt and setting the …
Onfolio Slashes Debt, Cuts Interest Costs as Acquisition Plans Restart Read More
WEST CHESTER, PA — Verrica Pharmaceuticals (Nasdaq: VRCA) raised approximately $50 million through a private investment in public equity, a move the company said will retire its debt facility, strengthen …
Verrica’s $50 Million PIPE Deal Sparks Big Questions About Its Next Growth Phase Read More WEST CONSHOHOCKEN, PA — The foundational investors behind Miller Real Estate Fund II have fully repaid the maturing CMBS loan on 401 Market Street, a prominent mixed-use property overlooking Independence …
Prime Independence Mall Tower Clears Debt as Owners Map Strategic Repositioning Read More
PHILADELPHIA, PA — Brandywine Realty Trust (NYSE: BDN) announced that its operating partnership, Brandywine Operating Partnership, L.P., recently closed a $300 million underwritten public offering of 6.125% guaranteed notes due …
Brandywine Realty Trust Closes $300 Million Notes Offering Read More
WILMINGTON, DE — WSFS Financial Corporation, the parent company of WSFS Bank, has announced the repayment of $70 million in fixed-to-floating rate subordinated notes due 2027. The repayment, which utilized the …
WSFS Financial Corporation Repays $70 Million Subordinated Notes Read More
BLUE BELL, PA — BrightView Holdings, Inc. (NYSE: BV) has completed the repricing of its $738 million senior secured term loan, set to mature in 2029. The adjustment reduces the loan’s …
BrightView Holdings Lowers Interest Costs with Term Loan Repricing Read More