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Credit

HOYFF

Huhtamaki has signed a EUR 450 million sustainability-linked revolving credit facility to refinance an existing EUR 400 million facility. The new facility will be used for general corporate purposes.

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November 12, 2024 | 8:15 am

FUFU

BitFuFu, a digital asset mining service provider, has secured a $100 million credit line from Antpool Technologies. The funds will be used for general corporate purposes, including potential mergers and acquisitions and covering hosting fees.

Portfolio Pulse from

November 12, 2024 | 7:45 am

XAIR

Beyond Air reported a 17% revenue increase for Q2 2025, strengthened its balance sheet, and completed a $20.6 million private placement. The company retired $17.5 million in debt and secured an $11.5 million loan. A conference call is scheduled for November 11.

Portfolio Pulse from

November 11, 2024 | 9:30 pm

MRCY

Mercury Systems reported strong Q1 FY25 earnings, beating analyst estimates and leading to a 25% stock gain. Despite this, the company faces challenges with margin recovery, revenue growth, and a significant credit facility. Sales are expected to be flat, but EBITDA and free cash flow are improving.

Portfolio Pulse from

November 11, 2024 | 5:00 pm

DWS

Diamond Estates Wines & Spirits Inc. has announced the replacement of $4.759 million in convertible debentures with new terms, including a conversion price of $0.24 and a maturity date of November 9, 2025.

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November 11, 2024 | 1:45 pm

VNPKF

Verde AgriTech Ltd has successfully renegotiated 92% of its total debts, achieving improved financial terms. The remaining non-adherent creditors will face different payment conditions, including a 75% reduction in balance and an interest rate linked to the Brazilian Taxa Referencial.

Portfolio Pulse from

November 11, 2024 | 1:45 pm

RVYL

RYVYL Inc. has signed a Memorandum of Understanding with an investor to retire its 8% Senior Convertible Note and Series B Convertible Preferred Stock, valued at $19 million and $53.5 million respectively.

Portfolio Pulse from

November 11, 2024 | 12:15 pm

INVH

Invitation Homes Inc. has voluntarily prepaid the outstanding balance of its IH 2018-4 securitization, amounting to approximately $630.2 million, without any penalty.

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November 11, 2024 | 12:00 pm