Credit
K
Mars, Incorporated is soliciting consents from eligible holders of Kellanova's senior notes for proposed amendments. These amendments and a Mars guarantee will only be effective if Mars' acquisition of Kellanova is completed.
Portfolio Pulse from
March 04, 2025 | 2:30 pm
ATIP
ATI Physical Therapy has successfully closed a $26 million 8% second lien PIK convertible note financing, which could impact its financial stability and growth prospects.
Portfolio Pulse from
March 04, 2025 | 1:45 pm
NGD
New Gold Inc. has announced a $400 million Senior Notes offering to fund a tender offer for its outstanding 7.50% Senior Notes due 2027. The proceeds will be used alongside cash on hand to purchase the existing notes and cover related expenses.
Portfolio Pulse from
March 04, 2025 | 1:30 pm
NGD
New Gold Inc. has announced a cash tender offer to purchase its 7.50% Senior Notes due 2027, with a principal amount of $400 million. The purchase price is set at $1,008 per $1,000 of notes, plus accrued interest.
Portfolio Pulse from
March 04, 2025 | 1:30 pm
TLT
The iShares 20+ Year Treasury Bond ETF (TLT) is recommended as a strong buy due to signs of economic slowdown, moderating inflation, and favorable bond market conditions. Recent data shows slowing growth, lower consumer confidence, decreased personal spending, and higher jobless claims, leading to a drop in capital market yields.
Portfolio Pulse from
March 04, 2025 | 1:15 pm
FVR
FrontView REIT, Inc. (NYSE: FVR) has fixed its $200 million term-loan at a three-year swap rate of 3.66%, resulting in an all-in borrowing rate of 4.96%. This move aims to mitigate potential interest-rate risk.
Portfolio Pulse from
March 04, 2025 | 12:45 pm
HTOO
Fusion Fuel Green PLC has completed a $1.3 million private placement of senior convertible notes, maturing in August 2026 with an 8% annual interest rate.
Portfolio Pulse from
March 04, 2025 | 12:15 pm
MSIF
MSC Income Fund, Inc. has amended its senior secured revolving credit facility, increasing total commitments from $165 million to $245 million and the accordion feature from $100 million to $300 million.
Portfolio Pulse from
March 04, 2025 | 12:15 pm
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