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CCOI

Cogent Communications Holdings announced that two of its wholly owned subsidiaries intend to commence an offering of $300 million aggregate principal amount of 7.000% senior notes due 2027.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:43 am

FSM

Fortuna Silver Mines has announced an offering of convertible senior notes due 2029, with an aggregate principal amount of $150 million.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 11:42 am

SHFS

Safe Harbor Financial (NASDAQ: SHFS) has launched a new small business line of credit program, issuing $550,000 in credit lines to three Colorado cannabis businesses. This initiative aims to support small and mid-sized cannabis enterprises often overlooked by traditional financial institutions.

Portfolio Pulse from Nina Zdinjak

June 05, 2024 | 10:10 am

TT

Trane Technologies has priced $500 million in 5.100% Senior Notes due 2034. The proceeds will be used to repay the $500 million 3.550% Senior Notes maturing on November 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:38 am

PNM

PNM Resources has priced $500 million in 5.75% junior subordinated convertible notes due 2054. These notes are unsecured and will rank junior to PNM Resources' existing and future senior debt. Interest will be paid semiannually, with the company having the right to defer payments.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:33 am

TCOM

Trip.com has priced an offering of $1.3 billion cash-par settled convertible senior notes due 2029. The notes will bear interest at a rate of 0.75% per year, payable semiannually starting December 15, 2024.

Portfolio Pulse from Benzinga Newsdesk

June 05, 2024 | 6:07 am

RUN

Sunrun has priced a securitization of leases and power purchase agreements, involving two tranches of A+ rated notes and a single class of BB rated notes. The $443.15 million Class A-1 notes were marketed publicly, while the $443.15 million Class A-2 notes were privately placed, both with a coupon of 6.25%.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 9:44 pm

APTV

Aptiv has announced the pricing of €750 million of 4.250% senior notes due 2036, which will be issued at 99.723% of the principal amount.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 9:02 pm

PFLT

PennantPark Floating Rate Capital (PFLT) has increased its credit facility from $436 million to $611 million, providing the company with additional financial flexibility.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 8:12 pm

SPY

U.S. Treasury Secretary Janet Yellen stated that the issuance of short-term bills is in line with recommendations from the Treasury Borrowing Advisory Committee. She emphasized that issuing short-term debt does not create a 'sugar high' for the economy.

Portfolio Pulse from Benzinga Newsdesk

June 04, 2024 | 7:28 pm