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AHT

Ashford Hospitality Trust, Inc. (NYSE: AHT) has amended its strategic financing to reduce the exit fee from 15% to 12.5% if the loan balance is reduced to $50 million or less by November 15, 2024. This is part of their efforts to repay their only fully recourse debt.

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November 06, 2024 | 1:15 pm

BBDC

GECC

In a challenging economic environment, high-yielding stocks like Barings BDC and Great Elm Capital Corp. are appealing for dividend investors. Barings BDC offers a 10.9% yield with improved credit quality and reduced debt, while Great Elm Capital Corp. provides a 14.1% yield with bottom-line growth and reduced non-performing loans.

Portfolio Pulse from

November 06, 2024 | 1:15 pm

CLMT

Calumet, Inc. announced early results for its exchange offer of 11.00% Senior Notes due 2025 for new notes due 2026. The offer is part of a private exchange to eligible holders.

Portfolio Pulse from

November 06, 2024 | 12:45 pm

DLR

Digital Realty Trust, Inc. announced a proposed offering of exchangeable senior notes through its subsidiary, Digital Realty Trust, L.P. This move is part of their financial strategy.

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November 06, 2024 | 12:15 pm

HSTXF

Heliostar Metals Ltd. has closed two debt facilities totaling US$10 million with Ocean Partners USA, Inc. and Deans Knight Capital Management Ltd. to support its acquisition of production assets.

Portfolio Pulse from

November 06, 2024 | 11:45 am

MSFT

The article discusses a highly dependable buy-and-hold stock characterized by a diverse business model, AI potential, double-digit growth, and superior credit rating compared to the U.S. government. Microsoft (MSFT) is likely the stock being referred to.

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November 06, 2024 | 11:15 am

CWK

Cushman & Wakefield's Q3 2024 results show a boost in EPS due to non-operating items like lower interest expenses, but a 5% YoY decline in normalized EBITDA. The company is making progress in deleveraging, leading to a Hold rating.

Portfolio Pulse from

November 06, 2024 | 10:30 am

BCE

BCE Inc. offers a high dividend yield close to 10%, but its sustainability is in doubt due to high debt levels. The company's balance sheet is heavily leveraged from 5G investments and dividend funding, raising concerns about financial stability. The recent deal to acquire Ziply could benefit BCE in the long term but may impact near-term free cash flow.

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November 06, 2024 | 8:45 am

GABC

German American Bancorp, Inc. faces limited upside potential due to expected lower interest rates affecting net interest income. The bank's loan book is heavily exposed to commercial real estate and agricultural loans, with moderate interest rate sensitivity. Rising deposit costs and weak non-interest income growth are pressuring revenues.

Portfolio Pulse from

November 06, 2024 | 12:30 am