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BABA

Alibaba Group is planning to raise $5 billion through a bond issue, including dollar and offshore Chinese yuan bonds, to repay debt.

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November 18, 2024 | 5:15 pm

EPR

EPR Properties is recommended as a buy due to its strong Q3 results, diversification into experiential categories, and attractive valuation. The company has a solid balance sheet, a BBB- credit rating, and offers a 7.7% dividend yield. Trading at a forward P/FFO of 9.1x, it presents a value opportunity.

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November 18, 2024 | 4:15 pm

QUIK

QuickLogic Corporation faces challenges with declining revenue, tepid guidance, and a shift from net cash to net debt, leading to a rating downgrade.

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November 18, 2024 | 2:30 pm

PRLPF

Pathlight Capital has joined a $330 million syndicated credit facility for Propel Holdings to support its CreditFresh line of business. Propel is a fintech company focused on providing credit access to underserved consumers.

Portfolio Pulse from

November 18, 2024 | 1:45 pm

DLX

Deluxe (NYSE: DLX) plans to offer $400 million in senior secured notes due 2029 in a private placement to qualified institutional buyers and international investors.

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November 18, 2024 | 1:00 pm

SEM

Select Medical Holdings Corporation announced a private offering of $850 million in senior notes due 2032 by its subsidiary, Select Medical Corporation.

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November 18, 2024 | 12:45 pm

SAVE

Spirit Airlines has filed for bankruptcy protection with a restructuring plan supported by bondholders. The plan includes $300 million in financing and aims to reduce debt, with an expected exit from bankruptcy early next year.

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November 18, 2024 | 12:00 pm

SAVE

Spirit Airlines has filed for bankruptcy protection and reached a debt restructuring agreement with its bondholders.

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November 18, 2024 | 11:45 am

LEV

Lion Electric Company has announced amendments to its senior credit instruments, including its revolving credit agreement and loan agreement with various financial institutions.

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November 18, 2024 | 11:45 am

LTM

LATAM Airlines has emerged from bankruptcy with strong financial performance, including a 14% operating margin and significant income growth. The company has refinanced its debt, reducing interest expenses, and projects substantial free cash flows. Analysts forecast continued growth, supporting a potential 80% upside in stock price.

Portfolio Pulse from

November 18, 2024 | 11:30 am