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TNL

Travel + Leisure Co. (TNL) has seen its stock rise by 47% over the past year, driven by strong operational trends such as high VPG levels, improved credit quality, and increased engagement from younger generations.

Portfolio Pulse from

December 12, 2024 | 3:45 pm

MBBB

The article emphasizes the importance of preparation in investing, particularly in the context of potential credit shocks. It suggests considering corporate bond ETFs as a preventive measure.

Portfolio Pulse from

December 12, 2024 | 3:30 pm

RDZN

Roadzen Inc. has reached an agreement with Mizuho Securities to extend the maturity of its $11.5 million senior secured notes by one year, providing the company with additional financial flexibility.

Portfolio Pulse from

December 12, 2024 | 3:15 pm

CSR

Centerspace, managing over 13,000 apartments, shows signs of moderating growth. Q3 2024 results were affected by a capital increase for redeeming Series C preferred shares. With only 4% variable rate debt, it sees limited benefits from Fed rate cuts.

Portfolio Pulse from

December 12, 2024 | 3:00 pm

TSE

Trinseo shares surged 37% following the signing of a Transaction Support Agreement aimed at restructuring its debt and extending maturities to strengthen its financial position.

Portfolio Pulse from

December 12, 2024 | 2:30 pm

SRFM

Surf Air Mobility Inc. plans to reduce potential future equity dilution by approximately 90% by shifting its financing strategy towards increased reliance on debt rather than equity. The company will amend its registration statement with GEM Global Yield LLC.

Portfolio Pulse from

December 12, 2024 | 12:00 pm

NTNX

Nutanix, Inc. has announced the pricing of $750 million in 0.50% convertible senior notes due 2029, with an option for an additional $112.5 million. The notes are being offered in a private placement to qualified institutional buyers.

Portfolio Pulse from

December 12, 2024 | 5:00 am

LAZ

Lazard, Inc. has successfully received the required consents from holders of Lazard Group LLC senior notes to adopt proposed amendments to the indenture. This is part of their consent solicitation and offer to guarantee the notes.

Portfolio Pulse from

December 11, 2024 | 11:00 pm

SMLP

Summit Midstream has improved its financial position post-COVID-19, extended debt maturities, and made strategic acquisitions, positioning itself for long-term growth. Despite risks related to the Piceance basin and natural gas demand, rising prices and LNG demand are promising.

Portfolio Pulse from

December 11, 2024 | 10:30 pm

SGNLF

Signal Gold Inc. has exercised its upsize option and closed an additional tranche of its oversubscribed concurrent financing, raising $265,000.05 through the issuance of subscription receipts.

Portfolio Pulse from

December 11, 2024 | 10:15 pm