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T

AT&T has redeemed its 5.625% Global Notes due 2067, which impacts its financial obligations and potentially its stock price.

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December 12, 2024 | 10:00 pm

CUZ

Cousins Properties announced the pricing of a $400 million senior notes offering with a 5.375% interest rate, due in 2032. The offering is expected to close on December 17, 2024.

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December 12, 2024 | 9:45 pm

LDTC

LeddarTech has received the first installment of the TI Pre-Paid Royalty Fee, fulfilling conditions in their credit facility and bridge financing offer amendments.

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December 12, 2024 | 9:45 pm

CLSK

CleanSpark, Inc. plans a private offering of $550 million in convertible senior notes due 2030, with an option for an additional $100 million. The offering targets qualified institutional buyers under Rule 144A.

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December 12, 2024 | 9:30 pm

STNG

Scorpio Tankers Inc. has secured commitments for a new $500 million revolving credit facility from financial institutions, enhancing its financial flexibility.

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December 12, 2024 | 9:30 pm

FLNC

Fluence Energy, Inc. has completed a $400 million offering of 2.25% convertible senior notes due 2030, with an additional $50 million issued due to full exercise of the initial purchasers' option.

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December 12, 2024 | 9:15 pm

ELVA

Electrovaya Inc. reported strong fiscal year 2024 results with $44.6M in revenue and $4M in adjusted EBITDA, marking its sixth consecutive positive quarter. The company achieved historic positive cash flow from operations and improved gross margins. Electrovaya also secured a $51 million direct loan from The Export-Import Bank of the United States to fund its manufacturing facility in New York, leading to the removal of the going concern note in its financial statements.

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December 12, 2024 | 9:15 pm

CMA

Comerica Bank's chief economist, Bill Adams, suggests that the Federal Reserve is likely to pause rate cuts after June 2025. This insight was shared during a discussion on CNBC's 'The Exchange' alongside Matt McLennan from First Eagle.

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December 12, 2024 | 8:00 pm

RIVN

Rivian has secured significant funding from VWAGY and the US Department of Energy to address its cash burn issues. Despite positive gross margin projections for FQ4'24, challenges remain due to idling production capacity and high operating expenses.

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December 12, 2024 | 7:15 pm

DLR

Digital Realty Trust (DLR) is benefiting from the AI-driven demand for data centers, showing consistent FFO results. However, it lags behind peers in Net Income, EPS growth, and ROE. Despite a stable credit rating, DLR's common shares appear overvalued.

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December 12, 2024 | 7:00 pm