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PGY

Pagaya Technologies LTD. (NASDAQ: PGY) has successfully closed a $500 million AAA-rated personal loan ABS transaction, marking its continued leadership in the ABS market with over $27 billion raised since 2018.

Portfolio Pulse from

March 13, 2025 | 8:45 pm

MNR

Mach Natural Resources LP (NYSE: MNR) reported its Q4 and full-year 2024 financial results, highlighting a reduction in interest expenses and improved free cash flow for 2025.

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March 13, 2025 | 8:30 pm

PLPC

Preformed Line Products Company (NASDAQ: PLPC) reported strong financial results for Q4 2024, with a 15% increase in net sales and a 65% increase in diluted EPS compared to Q4 2023. The company also reduced its debt by $33.7 million in 2024.

Portfolio Pulse from

March 13, 2025 | 8:30 pm

PRPL

Purple Innovation, Inc. (NASDAQ: PRPL) has announced a review of strategic alternatives to maximize shareholder value, following expressions of interest. The company has returned to positive adjusted EBITDA and cash flow in Q4 2024 and expanded its credit facility for financial flexibility.

Portfolio Pulse from

March 13, 2025 | 8:15 pm

PRPL

Purple Innovation, Inc. (NASDAQ: PRPL) reported its Q4 and full-year 2024 results, highlighting a return to positive adjusted EBITDA and cash flow. The company achieved a GAAP gross margin of 42.9% in Q4 and improved its adjusted gross margin by over 810 basis points compared to the previous year. Additionally, Purple secured a $19 million term loan to support further investments in innovation and advertising.

Portfolio Pulse from

March 13, 2025 | 8:15 pm

ABR

Arbor Realty Trust has closed a $1.15 billion repurchase facility with JPMorgan Chase to unwind two collateralized loan obligations. The company plans to redeem these obligations at par using the facility's proceeds.

Portfolio Pulse from

March 13, 2025 | 8:15 pm

TBBK

The Bancorp, Inc. (TBBK) experienced a significant drop in its stock price following the revelation that its financial statements are unreliable. This follows a warning from Culper Research a year prior.

Portfolio Pulse from

March 13, 2025 | 8:00 pm

WOLTF

Wolters Kluwer has successfully priced a €500 million seven-year senior unsecured Eurobond with an annual coupon of 3.375%.

Portfolio Pulse from

March 13, 2025 | 5:00 pm

PRU

AM Best has assigned a Long-Term Issue Credit Rating of 'a-' to Prudential Financial, Inc.'s $750 million senior unsecured medium-term notes due 2035. The outlook is stable, and the proceeds will be used for general corporate purposes.

Portfolio Pulse from

March 13, 2025 | 3:45 pm

CBL

The article discusses the challenging environment for REITs and highlights two specific REITs that may be in significant trouble. CBL is hinted to be one of the REITs mentioned.

Portfolio Pulse from

March 13, 2025 | 2:30 pm