Streetbeat News

Assets

SD

SandRidge Energy has significantly increased its capital expenditure forecast for FY24 from an initial range of $8M-$11M to a new range of $33M-$39M.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:41 pm

PBR

Petrobras subsidiary PGF has launched a U.S. dollar-denominated global notes offering and cash tender offers to purchase certain outstanding notes. The proceeds will be used to buy back tender notes and for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:39 pm

AQB

AquaBounty Technologies (NASDAQ:AQB) plans to sell its Rollo Bay farm in Canada to strengthen its balance sheet and increase cash. The sale is expected to complete by year-end.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:30 pm

FLL

Full House Resorts has agreed to sell the land, building, and certain assets of Stockman's Casino for approximately $9.2 million. This move is part of the company's strategy to optimize its asset portfolio.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:16 pm

AQB

AquaBounty is selling its Rollo Bay farm operation and is actively seeking additional funding and strategic alternatives to secure its cash requirements in the coming months.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:13 pm

MTW

The Manitowoc Company, Inc. (NYSE:MTW) is proposing a $300 million offering of senior secured second lien notes due 2031. The proceeds will be used to redeem existing notes and for general corporate purposes. The offering is contingent on amending its credit facility.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:12 pm

APTO

Aptose Biosciences shares rose following the announcement of a $10 million loan agreement with Hanmi Pharmaceutical Co.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:10 pm

GAME

FaZe Media, a subsidiary of GameSquare Holdings, Inc. (NASDAQ:GAME), has announced a significant multi-year, multi-million-dollar sponsorship and licensing deal with G FUEL. This partnership includes an equity component for FaZe Media and is one of the largest transactions in GameSquare's history, contributing to predictable revenue growth.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:09 pm

RIG

Transocean's unit has entered agreements to sell the Development Driller III and Discoverer Inspiration, along with related assets, for a total of $342 million. The company expects a non-cash charge of $630M-$645M in Q3 2024 due to these sales.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 12:03 pm

NCLH

Norwegian Cruise Line's subsidiary, NCL Corporation, plans to sell $315 million in senior notes due 2030 through a private offering. This move is likely aimed at raising capital for corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 03, 2024 | 11:36 am