Streetbeat News

Credit

CLMT

Calumet, Inc. announced a $100 million private placement of 9.75% Senior Notes due 2028 and a $65 million at-the-market equity program.

Portfolio Pulse from

January 15, 2025 | 3:00 pm

NXPI

NXP, a Netherlands-based chipmaker, has secured a 1 billion euro loan from the European Investment Bank to support R&D projects in Europe.

Portfolio Pulse from

January 15, 2025 | 2:30 pm

NXPI

NXP Semiconductors N.V. has secured a €1 billion loan from the European Investment Bank to enhance its semiconductor RDI investments in Europe. The loan, with a 4.75% interest rate, will support R&D in Austria, France, Germany, the Netherlands, and Romania until 2026.

Portfolio Pulse from

January 15, 2025 | 2:15 pm

CWT

The California Public Utilities Commission has approved California Water Service's request to delay its Cost of Capital application to May 1, 2026, maintaining its current financial parameters.

Portfolio Pulse from

January 15, 2025 | 2:00 pm

VLDX

Velo3D, Inc. has completed a strategic review, resulting in a successful restructuring that strengthens its balance sheet through a debt exchange. Arun Jeldi is appointed as the new CEO, and a new go-to-market strategy is introduced. The company also announced its Q3 2024 results.

Portfolio Pulse from

January 15, 2025 | 1:15 pm

BHR

Braemar Hotels & Resorts Inc. has extended its mortgage loan for the Ritz-Carlton Lake Tahoe, pushing the maturity date from January 2025 to January 2026.

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January 15, 2025 | 1:15 pm

HLMN

Hillman Solutions Corp. has successfully repriced its $643 million Term Loan, reducing its interest expenses. This financial maneuver is expected to positively impact the company's financial health.

Portfolio Pulse from

January 15, 2025 | 12:45 pm

AAAU

AngloGold Ashanti has been rated a buy following its acquisition of Centamin, which is expected to boost its mine production capabilities. The company also has other projects in the pipeline and maintains stable credit ratings from major agencies.

Portfolio Pulse from

January 15, 2025 | 11:30 am

SAN

Banco Santander announced the results of its offers to purchase certain outstanding debt securities, waiving the maximum purchase consideration condition.

Portfolio Pulse from

January 15, 2025 | 9:00 am

JPM

JP Morgan's James Sullivan anticipates that bond vigilantes will influence the Trump administration's fiscal policy as bond investors become price setters.

Portfolio Pulse from

January 15, 2025 | 8:30 am