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Credit

RYAN

Ryan Specialty Holdings, Inc. (NYSE: RYAN) announced a private offering of $500 million in senior secured notes due 2032. This move is part of their financial strategy to raise capital.

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December 02, 2024 | 2:00 pm

ACI

KR

Kroger has extended the expiration date for its exchange offers and consent solicitations for Albertsons Companies' notes, involving a significant amount of new notes and cash.

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December 02, 2024 | 1:45 pm

EHGO

Eshallgo Inc, a leading office solution provider in China, has secured $5 million through a convertible debenture offering. The debentures have a 5% annual interest rate, increasing to 18% in case of default, and will mature on November 28, 2025.

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December 02, 2024 | 1:45 pm

APLD

Applied Digital Corporation has secured a $150 million senior secured debt financing with Macquarie Equipment Capital, Inc. to refinance its existing credit facility with CIM Group. This move removes encumbrances on certain assets and the parent guarantee, with remaining proceeds used to repay other debts and cover transaction costs.

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December 02, 2024 | 1:15 pm

THTX

Theratechnologies Inc. has secured up to $75 million in new credit facilities with TD Bank and Investissement Québec. The funds will be used to repay existing obligations and support business development.

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December 02, 2024 | 12:45 pm

DNRSF

Denarius Metals Corp. has initiated a consent solicitation process to amend the terms of its convertible unsecured debentures, which total CA$33.1 million across two trust indentures.

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December 02, 2024 | 12:15 pm

VHIBF

VitalHub Corp. has expanded its credit facilities with The Bank of Nova Scotia, increasing its borrowing capacity from $33 million to $65 million, enhancing its financial flexibility.

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December 02, 2024 | 12:15 pm

CORZ

Core Scientific, Inc. (NASDAQ: CORZ) plans to offer $500 million in convertible senior notes due 2031 in a private offering to qualified institutional buyers.

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December 02, 2024 | 11:45 am

SMHI

SEACOR Marine Holdings Inc. (NYSE: SMHI) has announced a complete debt refinancing with a new $391 million credit facility, newbuild orders for two platform supply vessels, and the sale of two anchor handling towing and supply vessels.

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December 02, 2024 | 11:15 am

UTWO

The US Treasury 2 Year Note ETF (UTWO) provides investors with straightforward access to 2-year government bonds, offering a 4.2% yield with monthly payouts. The ETF focuses on minimizing credit risk and provides pure exposure to the 2-year US Treasury yield curve. It has a competitive expense ratio of 0.15%, but investors should be aware of concentration risk and potential impacts on returns during low-yield periods.

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December 02, 2024 | 9:30 am