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CLMT

Calumet, Inc. announced a $100 million private placement of 9.75% Senior Notes due 2028 through its subsidiaries. This move is part of their financial strategy under Rule 144A and Regulation S.

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January 15, 2025 | 1:00 am

WTI

W&T Offshore, Inc. has announced the pricing of a $350 million senior second lien notes offering, with a 10.750% interest rate due in 2029. The offering is set to close on January 28, 2025, pending customary conditions.

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January 14, 2025 | 10:30 pm

BBCP

Concrete Pumping Holdings, Inc. (Nasdaq: BBCP) announced the upsizing and pricing of its senior secured second lien notes offering to $425 million, with an interest rate of 7.5%, due in 2032. The offering is expected to close on January 31, 2025.

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January 14, 2025 | 9:45 pm

FEAM

5E Advanced Materials, Inc. (Nasdaq:FEAM) announced a funding package and restructuring agreement to strengthen its balance sheet. The package includes up to $30 million to progress to the Final Investment Decision for its 5E Boron Americas Complex.

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January 14, 2025 | 4:30 pm

ANLDF

UEC

Anfield Energy Inc. has announced a C$26.5 million financing plan, including a C$15 million equity financing agreement with Uranium Energy Corp. Anfield also plans to list its shares on a senior US stock exchange and has terminated its arrangement with IsoEnergy Ltd. Additionally, Anfield is increasing its credit facility by US$8 million with Extract Advisors LLC.

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January 14, 2025 | 3:45 pm

CLMT

Calumet, Inc. announced a $100 million private placement of 9.75% Senior Notes due 2028, subject to market conditions. The offering will be conducted by its subsidiaries under Rule 144A and Regulation S.

Portfolio Pulse from

January 14, 2025 | 2:45 pm

ACRE

Ares Commercial Real Estate (ACRE) faces challenges due to its exposure to distressed asset classes like office, multifamily, and hotels. Rising delinquencies and increasing credit loss reserves suggest ongoing struggles, justifying a Sell rating.

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January 14, 2025 | 2:00 pm

AAWH

Ascend Wellness Holdings has successfully closed a $15 million private placement of 12.75% Senior Secured Notes due 2029, adding to its previous $235 million issuance.

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January 14, 2025 | 1:15 pm

TRNO

Terreno Realty is highlighted for its insider ownership, strategic property locations, and low leverage. Despite a higher valuation than peers, its strong AFFO growth, minimal debt, and limited shareholder dilution justify it. Risks include high interest rates and reliance on industrial trends, but its fundamentals and management quality make it a strong buy.

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January 14, 2025 | 12:45 pm