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RILY

B. Riley Financial has secured a $160 million debt financing from Oaktree and retired its Nomura Senior Secured Credit Facility. The company also made a strategic investment and loan in a joint venture overseeing JOANN's liquidation.

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February 27, 2025 | 12:15 pm

DFLI

Dragonfly Energy Holdings Corp. has restructured its corporate debt, extending maturity and waiving covenants, while raising $3.5 million through a direct offering and private placement. This move aims to enhance financial flexibility and liquidity.

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February 27, 2025 | 12:15 pm

SLB

Schlumberger Limited (SLB) announced a debt exchange offer through its subsidiary, Schlumberger Holdings Corporation. The offer involves exchanging certain notes issued by Schlumberger Investment S.A. for up to $2 billion in new notes.

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February 27, 2025 | 12:00 pm

EFXT

Enerflex Ltd. reported its Q4 2024 financial results, highlighting an adjusted EBITDA of $121 million and free cash flow of $76 million. The company has a strong contract backlog and reduced its net debt-to-EBITDA ratio to 1.5x.

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February 27, 2025 | 11:15 am

GTN

Gray Media reported better-than-expected financial results for Q4 2024, with revenues and expenses surpassing guidance. The company achieved $497 million in political advertising revenue, the highest among peers. Operating expenses were 2% below guidance, and debt was reduced by $520 million.

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February 27, 2025 | 11:15 am

FSLR

First Solar is considered undervalued with a forward P/E of 8.1x, but its valuation is heavily influenced by the 45X tax credit. Without this credit, its valuation is less appealing, with an EV/EBIT multiple of 34x and high capital requirements. Political risks and potential repeal of the tax credit are challenges, but tariffs and domestic manufacturing support could provide stability.

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February 27, 2025 | 3:45 am

RGA

Reinsurance Group of America (RGA) has announced the pricing of $700 million in 6.650% Fixed-Rate Reset Subordinated Debentures due 2055. The debentures are part of a registered public offering and will mature on September 15, 2055.

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February 26, 2025 | 10:30 pm

ULY

Urgently has announced improvements to its capital structure and secured up to $20 million in new financing to support its business growth initiatives.

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February 26, 2025 | 10:15 pm

BSX

Boston Scientific Corporation has completed a €1.5 billion offering of senior notes, which could impact its financial strategy and stock performance.

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February 26, 2025 | 9:30 pm

RCB

RCC

Ready Capital's short-duration exchange-traded senior notes, RCC and RCB, offer high yields but come with risks due to the company's high debt-to-equity ratio and recent financial challenges, including a dividend cut.

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February 26, 2025 | 8:30 pm