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NBN

Northeast Bank has announced the purchase of primarily commercial real estate loans totaling $805 million since June 30, 2024. This move indicates a strategic focus on expanding its loan portfolio in the commercial real estate sector.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 12:41 pm

SNOW

Snowflake shares declined following the announcement of a $2 billion private placement of senior convertible notes.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:43 am

PEB

Pebblebrook Hotel Trust has announced the pricing of a private placement of $400 million in senior notes with a 6.375% interest rate, due in 2029. This move is likely aimed at refinancing existing debt or funding new investments.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:17 am

VSH

Vishay Intertechnology is implementing restructuring actions, including the closure of three manufacturing facilities and job cuts, to streamline operations and achieve cost savings. The company expects to incur pre-tax cash charges of $38 to $42 million and realize annualized cost savings of at least $23 million by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 11:02 am

BEP

Masdar plans to acquire Saeta Yield from Brookfield Renewable for approximately $1.4 billion. The acquisition includes 745 MW of wind and solar assets in Spain and Portugal, but excludes 350 MW of concentrated solar power assets retained by Brookfield.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 10:57 am

GFL

GFL Environmental is set to participate in a $210 million offering of Florida Development Finance Corporation Solid Waste Disposal Revenue Bonds. This move is part of their financial strategy.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 10:34 am

BTCUSD

Bhutan has become the fourth-largest government holder of Bitcoin, surpassing El Salvador, with 13,011 Bitcoins worth $821 million. This development has sparked reactions from Bitcoin advocates like Max Keiser and Michael Saylor. Bhutan's Bitcoin holdings are backed by its hydropower resources, unlike other nations that acquired Bitcoin through seizures.

Portfolio Pulse from Aniket Verma

September 24, 2024 | 8:18 am

FAF

First American Financial Corporation (NYSE: FAF) announced a $450 million senior notes offering at 5.450% due 2034. The proceeds will be used to repay existing debt and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:14 am

NVA

Nova Minerals Limited has raised $2.15 million through a secondary offering of 430,000 American Depository Shares (ADS) at $5 per ADS. The proceeds will be used for exploration and feasibility studies at the Estelle Gold Project in Alaska.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:12 am

TMUS

T-Mobile US, Inc. plans to raise $2.5 billion through a senior notes offering, with proceeds potentially used for share repurchases, dividends, and debt refinancing.

Portfolio Pulse from Benzinga Newsdesk

September 24, 2024 | 7:10 am