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Credit

BFH

Bread Financial (BFH) has seen its stock soar by 95.3% year-to-date, driven by strong growth prospects, robust credit sales, higher retained earnings, active risk management, and increased consumer spending.

Portfolio Pulse from

December 11, 2024 | 4:15 pm

IDVV

International Endeavors Corp. (IDVV) has secured a $2.5 million credit line from MMT Funding to advance its AI projects, marking a significant milestone in its expansion efforts.

Portfolio Pulse from

December 11, 2024 | 2:45 pm

BLV

The article discusses the impact of Federal Reserve's monetary policy on the yield curve, highlighting a recent flattening after aggressive rate hikes had previously steepened it. It suggests considering long-term bond ETFs in this context.

Portfolio Pulse from

December 11, 2024 | 2:15 pm

TRU

TransUnion's 2025 Consumer Credit Forecast anticipates a moderation in credit card balance growth and a slower increase in delinquencies for major credit products over the next year.

Portfolio Pulse from

December 11, 2024 | 1:15 pm

SOLCF

SOL Global Investments Corp. has repaid $3.4 million of its debt to Braebeacon Holdings Inc., reducing its loan balance to $10.2 million. This move is part of SOL's strategy to strengthen its financial position and reduce leverage.

Portfolio Pulse from

December 11, 2024 | 1:15 pm

BAM

Brookfield Asset Management has made a minority equity investment in Strategic Venue Partners, a portfolio company of Tiger Infrastructure Partners. Additionally, SVP's Revolving Credit Facility has been significantly increased.

Portfolio Pulse from

December 11, 2024 | 1:15 pm

FLNC

Fluence Energy, Inc. has announced an upsized offering of $350 million in convertible senior notes due 2030, increased from the initial $300 million. The offering is set to settle on December 12, 2024, with an option for an additional $50 million.

Portfolio Pulse from

December 11, 2024 | 3:00 am

INTC

S&P Global Ratings downgraded Intel Corp's credit rating from 'BBB+' to 'BBB' due to slow business recovery and uncertainty following management changes.

Portfolio Pulse from

December 10, 2024 | 11:30 pm

RC

Ready Capital Corporation has successfully closed a public offering of $130 million in Senior Notes due 2029, with a 9.00% interest rate. The proceeds will be used for asset acquisition and general corporate purposes.

Portfolio Pulse from

December 10, 2024 | 11:00 pm

BN

Brookfield Corporation has announced the pricing of a $700 million public offering of subordinated notes due in 2055.

Portfolio Pulse from

December 10, 2024 | 10:00 pm