Quince Therapeutics' Charles Ryan to Depart as President, Last Day Sept 8, 2026

Dana Incorporated (DAN) announced that $357.9M in principal amounts of its 2030 and 2032 senior notes were tendered by the deadline. The company plans to accept the amounts specified in its offer. This update relates to debt management, not operating results.

Dana Incorporated (DAN) completed tender offers for its 4.250% Senior Notes due 2030 and 4.500% Senior Notes due 2032, accepting $357,873,000 in notes. The company will pay specified consideration and accrued interest on November 17, 2026. Remaining notes may have covenants defeased.

Nscale, a UK-based neocloud startup, reported its debt surged from $137M to $5.5B in one quarter and will need additional financing by 2027, according to a regulatory filing. Nvidia committed an extra $1B in financing. Nscale's IPO plans remain on track, per a WSJ source. Nvidia's new interim CEO may reconsider financing deals.

CareTrust REIT (CTRE) priced a 19.55 million share offering at $36 per share, raising about $703.8 million. The deal includes 17 million shares and 2.55 million additional shares after underwriters exercised options. Bank of America and Morgan Stanley are involved in forward sale agreements, with settlement possible until November 12, 2027.

Western Union (WU) secured an $800 million term loan on November 10, 2026, to refinance its 2024 term loan, expected to terminate by November 17, 2026. The new loan, arranged by Bank of America, replaces debt maturing in December 2027, with no material early termination penalties anticipated.

Booking Holdings raised €3.55 billion through four senior unsecured note offerings, maturing between 2029 and 2038. Interest rates range from 3.950% to 5.000%, with payments starting in November 2027. The company aims to secure capital, adding long-term debt obligations.