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TRI

Thomson Reuters has filed for a $3 billion debt securities shelf, allowing the company to issue debt securities up to this amount over time. This move provides the company with financial flexibility to raise capital as needed.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:06 pm

XCUR

Exicure has announced that its current cash and cash equivalents are insufficient to continue funding operations, and it requires additional funding in the very near term.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 8:03 pm

HTZ

Hertz is considering selling at least $700 million in debt and convertible securities, according to Bloomberg.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 6:05 pm

CVNA

Carvana expects its recent actions to result in approximately $55 million in interest expense savings and $620 million less debt outstanding by the end of 2026.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 5:21 pm

VGK

The European Central Bank (ECB) has cut its benchmark refinancing rate to 4.25% and the deposit facility rate to 3.75%.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 12:17 pm

QSR

Restaurant Brands International Inc. (RBI) has announced the launch of a $1 billion First Lien Senior Secured Notes offering to refinance its existing term loan B facility. The notes are due in 2029.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:28 am

MLGO

Microalgo announced on June 5 that it has entered into convertible note purchase agreements with certain investors, issuing notes with an aggregate original principal amount of $30 million.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:16 am

UGI

UGI Corporation has announced a proposed offering of $600 million in convertible senior notes. This move is aimed at raising capital for general corporate purposes, including potential acquisitions and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 11:09 am

CTM

Castellum, Inc. (NYSE-American: CTM) has reduced its total outstanding debt to $10.6 million and is nearing the completion of a 36-month term loan with Live Oak Banking Company. The company has two remaining payments and expects its total debt to fall below $10 million by year-end.

Portfolio Pulse from Benzinga Newsdesk

June 06, 2024 | 10:46 am

MTZ

MasTec has announced the pricing of its public offering of $550 million of senior notes due 2029. The notes will pay interest semi-annually at a rate of 5.900% and will mature on June 15, 2029. The notes were priced at 99.956%.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 9:26 pm