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SGBX

SG Building Blocks entered into a cash advance agreement with Cedar, selling $1.96 million in future receivables for $1.35 million. Cedar will withdraw $49,000 weekly from SG Building Blocks' account.

Portfolio Pulse from charles@benzinga.com

August 07, 2024 | 10:13 am

EC

Ecopetrol S.A. announced a $250 million partial redemption of its 2026 notes as part of its debt strategy, aiming to proactively manage refinancing of maturities in 2026.

Portfolio Pulse from Benzinga Newsdesk

August 07, 2024 | 5:49 am

VREOF

Vireo Growth Inc. (OTC:VREOF) reported significant financial improvements for Q2 2024, including a $5.8M operating income compared to a $1M loss in Q2 2023. The company saw a 42.5% increase in revenue and a 45.2% rise in gross profit. SG&A expenses decreased by 6.1%, and the company secured a 30-month extension of its credit agreement.

Portfolio Pulse from Nicolás Jose Rodriguez

August 06, 2024 | 11:02 pm

GNL

Global Net Lease (GNL) has reaffirmed its 2024 AFFO per share guidance range of $1.30 - $1.40 and its net debt to adjusted EBITDA range of 7.4x - 7.8x.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:25 pm

CYRX

Cryoport, Inc. (NASDAQ: CYRX) has announced a $200 million repurchase program for its common stock and/or convertible senior notes. The company has also repurchased $160 million of its 0.75% Convertible Senior Notes due in 2026 at an 11.5% discount to par value, reducing the principal balance to approximately $186.2 million.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 9:02 pm

TMUS

T-Mobile has postponed its $561 million wireless equipment asset-backed securities (ABS) offering, as reported by Bloomberg.

Portfolio Pulse from charles@benzinga.com

August 06, 2024 | 8:15 pm

TRGP

Targa Resources Corp. (NYSE: TRGP) announced the pricing of a $1 billion offering of 5.500% Senior Notes due 2035 at 99.943% of their face value. The offering is expected to close on August 9, 2024, and proceeds will be used for general corporate purposes, including debt repayment and investments.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 8:00 pm

AQMS

Aqua Metals shares are trading lower after the company reported Q2 financial results and announced it requires additional financing due to the impact of declining lithium prices on its Sierra ARC project. The credit facility lender has suspended further activity, and the project timeline has been shifted from 2024 to 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 1:04 pm

GBTG

Global Business Travel Group (GBTG) has reiterated its FY24 revenue guidance of $2.43B-$2.50B, raised its full-year 2024 Free Cash Flow guidance, and expects significant Adjusted EBITDA growth. The guidance does not include the impact of the CWT acquisition expected to close in Q1 2025.

Portfolio Pulse from Benzinga Newsdesk

August 06, 2024 | 11:56 am

TGTX

On August 2, 2024, TG Therapeutics entered into a $250 million term loan facility with Blue Owl Capital.

Portfolio Pulse from charles@benzinga.com

August 06, 2024 | 11:11 am