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VSAT

Viasat Inc. (VSAT) has announced a proposed private placement of $733.4 million of senior notes. The proceeds from the placement will be used for general corporate purposes.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 11:39 am

CWCO

VST

Vistra Corp. (VST) and Consolidated Water Co. Ltd. (CWCO) are identified as the most overbought stocks in the utilities sector, indicating they may be overvalued. VST recently priced private offerings of $1.75 billion in notes and CWCO reported a 110% YoY increase in Q2 2023 revenue to $44.2 million.

Portfolio Pulse from Lisa Levin

September 13, 2023 | 11:31 am

BGS

B&G Foods has priced an upsized offering of $550M of 8.00% senior secured notes due 2028 at a price of 99.502%. The offering, which was initially set at $500M, is expected to close on September 26, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 6:28 am

VST

Vistra has priced its private offerings of $650 million of senior secured notes due 2033 and $1.1 billion of senior unsecured notes due 2031. The secured notes were priced at 99.850% of their face value, while the unsecured notes were priced at 100% of their face value.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 6:18 am

HMN

Horace Mann Educators has priced its offering of $300M of 7.250% senior notes due 2028.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:52 am

INTU

Intuit has priced its offering of $4.0 billion aggregate principal amount of senior notes. The offering consists of four different notes due between 2026 and 2053, and is expected to close on September 15, 2023.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2023 | 5:44 am

WKHS

Workhorse Group, Inc. (NASDAQ:WKHS) shares surged in after-hours trading following the announcement that the company has received IRS approval as a qualified Commercial Clean Vehicle Credit manufacturer. This will allow its customers to receive up to a $40,000 credit for deliveries of all Workhorse vehicles in 2023 and beyond.

Portfolio Pulse from Ryan Gustafson

September 12, 2023 | 9:02 pm

WKHS

Workhorse Group Inc. (WKHS) has received approval from the Internal Revenue Service (IRS) for a commercial clean vehicle credit. This could potentially boost the company's sales as it makes their electric vehicles more affordable to customers.

Portfolio Pulse from Bill Haddad

September 12, 2023 | 8:06 pm

ASPS

Altisource Portfolio Solutions S.A. (ASPS) has announced its intention to repay $10 million of its debt. This move is part of the company's ongoing efforts to reduce its overall debt burden.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 7:19 pm

GS

Goldman Sachs CEO, David Solomon, in an interview with Reuters, stated that the chances of a soft landing have increased significantly, although the economic outlook remains uncertain. He also mentioned that the Federal Reserve still has work to do on inflation, which he believes will be more 'sticky' compared to optimistic views.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2023 | 5:29 pm