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RILY

B. Riley Financial announced it has obtained an extension from Nomura Corporate Funding Americas under its existing credit agreement for the delivery time of its 2023 audited financial statements to the administrative agent.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 1:05 pm

VEON

VEON has fully repaid the outstanding balance of $805 million under its Revolving Credit Facility (RCF) and subsequently cancelled the RCF. This move could indicate VEON's improved liquidity position and financial stability.

Portfolio Pulse from Benzinga Newsdesk

March 28, 2024 | 8:38 am

TREE

LendingTree has secured up to $175 million in financing through a first lien term loan facility from funds managed by Apollo affiliates. The company plans to draw $125 million immediately, with the remainder available for the next 12 months. The funds are intended for general corporate purposes, including potentially repaying existing debt.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 8:16 pm

HLLY

Holley Inc. has announced an additional paydown of $15 million in debt, signaling a proactive approach to reducing its financial liabilities. This move could indicate a stronger financial position and potentially more flexibility for future investments or operations.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 12:34 pm

EGBN

EagleBank has provided a $50 million loan to EB5 USA Immigration to support foreign investment in real estate. This move is aimed at promoting economic growth and development through increased foreign investment.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 10:10 am

REXR

Rexford Industrial Realty, Inc. (REXR) and its operating partnership have priced a private offering of $500 million 4.375% exchangeable senior notes due 2027 and $500 million 4.125% exchangeable senior notes due 2029 to qualified institutional buyers. The notes are senior, unsecured obligations, with interest payable semi-annually and maturity dates in March 2027 and March 2029, respectively.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 6:13 am

CDLX

Cardlytics has priced $150M in 4.25% convertible senior notes due in 2029. These notes are senior, unsecured obligations, with interest payable semi-annually starting October 1, 2024.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 6:05 am

AQN

Algonquin Power & Utilities has successfully completed the remarketing of $1.15 billion in 1.18% senior notes due in 2026. This financial maneuver is aimed at optimizing the company's debt structure and potentially lowering its cost of capital.

Portfolio Pulse from Benzinga Newsdesk

March 27, 2024 | 6:03 am

AMCX

AMC Networks announced the pricing of an upsized private offering of $875 million in 10.25% senior secured notes due in 2029. This move indicates the company's strategy to secure long-term financing and possibly address its capital structure or fund future growth initiatives.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 9:54 pm

PHIN

PHINIA has announced the pricing of a private offering of $525 million in senior secured notes due in 2029. This move indicates the company's strategy to secure long-term financing and potentially invest in growth opportunities or refinance existing debt.

Portfolio Pulse from Benzinga Newsdesk

March 26, 2024 | 8:51 pm