Streetbeat News

Credit

LEMB

Emerging market sovereign debt is not the best way to access emerging market growth this decade. Despite positive performance in 2023, weaker performance is expected in 2024 and 2025 due to currency, growth, and inflation concerns, along with geopolitical and economic risks.

Portfolio Pulse from

January 11, 2025 | 12:00 pm

ARDC

Ares Dynamic Credit Allocation Fund (ARDC) offers a high dividend yield but is risky due to its exposure to below investment grade debt and reliance on interest rate movements. The fund's leverage increases both potential returns and risks, especially if interest rates remain high.

Portfolio Pulse from

January 11, 2025 | 7:45 am

AAWH

Ascend Wellness Holdings has entered into an agreement with Seaport Global Securities to issue $15 million in senior secured notes, adding to their existing $235 million notes due in 2029.

Portfolio Pulse from

January 11, 2025 | 12:30 am

GTY

Getty Realty maintains strong fundamentals with a high occupancy rate and consistent rental collections, supporting its financial performance and dividend growth. Despite some risks, its asset allocation and liquidity access enhance stability.

Portfolio Pulse from

January 10, 2025 | 6:00 pm

IVPAF

Ivanhoe Mines has announced a US$600 million offering of senior notes due 2030, which will be senior unsecured obligations guaranteed by certain subsidiaries.

Portfolio Pulse from

January 10, 2025 | 2:30 pm

GSHD

Goosehead Insurance, Inc. has secured a $300 million term loan B and declared a one-time special dividend of $5.91 per share. The loan will be used to retire existing debt and for general corporate purposes.

Portfolio Pulse from

January 10, 2025 | 2:15 pm

CWEN

Clearway Energy (CWEN) is recommended for investment due to its promising earnings growth, effective debt management, and potential to enhance shareholder value.

Portfolio Pulse from

January 10, 2025 | 1:30 pm

CODI

Compass Diversified Holdings (NYSE: CODI) has amended its Credit Agreement with Bank of America, potentially impacting its financial flexibility and borrowing capacity.

Portfolio Pulse from

January 10, 2025 | 1:15 pm

AHH

Armada Hoffler announced that Morningstar has upgraded its outlook to stable and confirmed its BBB credit rating.

Portfolio Pulse from

January 10, 2025 | 11:15 am