Tutor Perini Completes Redemption of $500 Million of Senior Notes [Yahoo! Finance]
Tutor Perini Corporation (TPC)
Last tutor perini corporation earnings: 2/26 04:15 pm
Check Earnings Report
US:NYSE Investor Relations:
investors.tutorperini.com/investor-overview/default.aspx
Company Research
Source: Yahoo! Finance
company, announced today that it has completed the redemption of $500 million aggregate principal amount of the Company's 6.875% Senior Notes due May 1, 2025 (the "2025 Notes"). The Company funded the payment for the redemption of the 2025 Notes with the net proceeds of its previously announced offering of $400 million in aggregate principal amount of 11.875% Senior Notes due 2029, together with cash on hand. Tutor Perini's President, Gary Smalley, commented, "We are pleased with the significant progress we have made in reducing our debt by nearly $200 million since the end of last year and in the successful completion of our recent refinancing. We remain committed to de-leveraging and will continue to use our excess cash for that purpose over the near term." The refinancing transaction was led by Goldman Sachs & Co. LLC. About Tutor Perini Corporation Tutor Perini Corporation is a leading civil, building and specialty construction company offering diversified general contra
Show less
Read more
Impact Snapshot
Event Time:
TPC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
TPC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
TPC alerts
High impacting Tutor Perini Corporation news events
Weekly update
A roundup of the hottest topics
TPC
News
- California high-speed rail project is late, over budget. But there's no $11B bridge | Fact check [USA TODAY]USA TODAY
- These Return Metrics Don't Make Tutor Perini (NYSE:TPC) Look Too Strong [Yahoo! Finance]Yahoo! Finance
- Tutor Perini Completes Redemption of $500 Million of Senior NotesBusiness Wire
- Tutor Perini (TPC) Share Rose 58% in Q1 [Yahoo! Finance]Yahoo! Finance
- Tutor Perini Co. (NYSE: TPC) was upgraded by analysts at StockNews.com from a "hold" rating to a "buy" rating.MarketBeat
TPC
Earnings
- 4/25/24 - Beat
TPC
Analyst Actions
- 3/12/24 - UBS
TPC
Sec Filings
- 5/15/24 - Form 144
- 4/25/24 - Form 10-Q
- 4/25/24 - Form 8-K
- TPC's page on the SEC website