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TRTX

TPG RE Finance Trust, Inc. has announced the pricing of a $1.1 billion Commercial Real Estate Collateralized Loan Obligation (CLO).

Portfolio Pulse from

March 13, 2025 | 1:00 am

TBBK

The Bancorp, Inc. (TBBK) experienced a significant drop in its stock price following the revelation that its financial statements are unreliable. This comes after a warning from Culper Research a year ago.

Portfolio Pulse from

March 13, 2025 | 1:00 am

CP

Canadian Pacific Kansas City Limited (CPKC) announced a US $1.2 billion debt offering through its subsidiary, Canadian Pacific Railway Company. The offering includes US$600 million of 4.800% Notes due 2030 and US$600 million of 5.200% Notes due 2035, guaranteed by CPKC.

Portfolio Pulse from

March 12, 2025 | 11:00 pm

PBF

PBF Energy's subsidiary, PBF Holding Company LLC, has priced $800 million in senior notes due 2030 at a 9.875% interest rate. The notes were issued at 98.563% of their principal amount in a private offering.

Portfolio Pulse from

March 12, 2025 | 11:00 pm

GIB

CGI has announced the pricing of a US$650 million offering of 5-year senior unsecured notes with an interest rate of 4.95% per annum.

Portfolio Pulse from

March 12, 2025 | 10:45 pm

WD

Walker & Dunlop has arranged a $176 million credit facility for a diversified single-family rental portfolio in Atlanta, Georgia. The financing was arranged by Walker & Dunlop's New York Capital Markets team for institutional investors advised by J.P. Morgan.

Portfolio Pulse from

March 12, 2025 | 10:15 pm

ARESF

Artis Real Estate Investment Trust (ARESF) has successfully secured $520 million in new credit facilities, aiding in debt management and reducing interest rates. Despite this, the article suggests that the preferred shares offer a better risk-reward profile than the common shares.

Portfolio Pulse from

March 12, 2025 | 10:15 pm

AES

The AES Corporation has announced the pricing of $800 million in senior notes with a 5.800% interest rate, due in 2032. This move is part of their public offering strategy.

Portfolio Pulse from

March 12, 2025 | 9:45 pm

MTAL

MAC Copper Limited has successfully amended its debt structure by repaying the Sprott mezzanine facility, resulting in a simplified balance sheet with lower interest rates and improved liquidity.

Portfolio Pulse from

March 12, 2025 | 9:30 pm