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PSA

Public Storage's stock trades lower following the pricing of its public offering of senior notes and an increase in Treasury yields due to higher-than-expected March inflation data.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 3:28 pm

ZVRA

Zevra Therapeutics has entered into a new credit facility to refinance its existing debt, securing up to $100M in committed capital under the new agreement.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:34 am

BLRX

BioLineRx has drawn down the second tranche of $20M from its $40M non-dilutive debt financing agreement with Blackrock-managed funds and accounts. This move is part of BioLineRx's strategy to finance its operations without diluting existing shareholders.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 11:14 am

DAL

Delta Air Lines announced its plans to repay at least $4 billion of its debt this year, aiming to improve its full-year leverage. This move is part of the airline's strategy to strengthen its balance sheet and enhance financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

April 10, 2024 | 10:37 am

NEUE

NeueHealth has entered into an incremental amendment to its credit facility with New Enterprise Associates. The additional funds will be used for general corporate purposes and to support the company's strategic priorities for 2024.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 9:30 pm

SQNS

Sequans Communications S.A. (NYSE:SQNS), a leader in 5G/4G IoT solutions, has reached standstill agreements with its main debt holders, Lynrock Lake, Nokomis, and Renesas, to delay the maturity of its debt obligations. This move aims to provide Sequans with time to negotiate a strategic transaction for a long-term solution.

Portfolio Pulse from Benzinga Newsdesk

April 09, 2024 | 10:03 am

SPY

The New York Federal Reserve's March report indicates that the year-ahead expected earnings growth remains steady at 2.8%. Labor market expectations were mixed, with the highest fear of missing debt payments in four years. However, households viewed their personal finances more positively in March.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 3:02 pm

AAPL

BTCUSD

ETHUSD

TSLA

The article covers a range of topics from cryptocurrency trends, including Bitcoin's surge as its halving approaches, to US and world politics, the US economy, tech innovations, electric vehicles, and more. Key highlights include Bitcoin, Ethereum, and Dogecoin's price movements, Ripple CEO's market prediction, and various political and economic developments in the US and globally. It also touches on tech updates like Apple's new initiatives and Tesla's focus on autonomy.

Portfolio Pulse from Akanksha Bakshi

April 08, 2024 | 12:49 pm

WULF

TeraWulf has successfully repaid $30.1 million of its debt, reducing its total outstanding debt to $75.9 million. This financial maneuver demonstrates the company's commitment to reducing its leverage and improving its balance sheet.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:22 pm

WULF

TeraWulf, identified by its ticker symbol WULF, has successfully repaid $301 million in debt, significantly reducing its financial obligations. The company now has a remaining debt of $75.9 million.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 12:01 pm