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MAPGF

Mapletree Logistics Trust maintains a Hold rating due to mixed factors. Positive aspects include effective capital recycling and reduced asset write-off risks. However, challenges include poor market prospects and anticipated higher debt costs.

Portfolio Pulse from

March 14, 2025 | 8:45 pm

GPMT

Granite Point Mortgage Trust's preferred shares are under pressure due to challenges with dividend and asset coverage ratios, increased expenses, and credit provisions. Despite these issues, the Series A preferred shares offer a high yield, but market concerns remain.

Portfolio Pulse from

March 14, 2025 | 2:45 pm

STLD

Steel Dynamics has completed a $1 billion notes offering, which supports its long-term strategy to provide a solid capital foundation for its stakeholders and future growth.

Portfolio Pulse from

March 14, 2025 | 2:30 pm

BHC

Bausch Health Companies Inc. has announced an update on its financing plans, engaging J.P. Morgan to assist in the initiative. This move is part of Bausch Health's strategy to enhance its financial position.

Portfolio Pulse from

March 14, 2025 | 1:45 pm

FCNCA

First Citizens Bancshares (FCNCA) is facing economic challenges due to its commercial focus and rate sensitivity, with weaker loan demand and lower rates threatening future expectations. Despite spread compression, fee-based income is growing, and credit costs are under control. Economic uncertainty leads to conservative estimates for 2025-2027.

Portfolio Pulse from

March 14, 2025 | 1:45 pm

SUNE

SUNation Energy, Inc. has fully repaid $9.4 million in senior and junior secured debt ahead of their maturity dates, improving its financial position.

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March 14, 2025 | 1:00 pm

KNTK

Kinetik Holdings Inc. announced a $250 million private placement of 6.625% sustainability-linked senior notes due 2028. The offering is subject to market conditions and will be conducted under Rule 144A and Regulation S.

Portfolio Pulse from

March 14, 2025 | 12:00 pm

MRZLF

Mirasol Resources Ltd. has secured a $2 million loan from director John Tognetti, with a 10% annual interest rate, to be used for paying creditors and general working capital.

Portfolio Pulse from

March 14, 2025 | 11:15 am

OBE

Obsidian Energy has updated its offer to purchase $3.0 million of its outstanding 11.95% Senior Unsecured Notes due in 2027. This move is part of the company's financial strategy to manage its debt obligations.

Portfolio Pulse from

March 14, 2025 | 11:15 am

NGD

New Gold Inc. announced the expiration and results of its tender offer for its 7.50% Senior Notes due 2027. The offer, which began on March 4, 2025, expired on March 13, 2025.

Portfolio Pulse from

March 14, 2025 | 10:45 am