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ESTA

Analysts have provided mixed ratings for Establishment Labs Hldgs (NASDAQ:ESTA) over the past quarter, with a range of opinions from bullish to bearish. The average 12-month price target has increased to $59.6, reflecting a 16.86% rise from the previous target. Despite positive analyst actions, the company faces financial challenges, including a decline in revenue growth and high debt levels.

Portfolio Pulse from Benzinga Insights

May 22, 2024 | 1:00 pm

ST

Sensata Technologies announced that its indirect wholly owned subsidiary plans to offer $500 million in senior notes in a private offering, subject to market and customary conditions.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:54 am

PBI

Pitney Bowes aims to achieve additional annualized cost savings of $60M-$100M and improve balance sheet and cash management to expedite the paydown of high-cost debt. The company has retained two consulting firms to assist with these initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 11:05 am

BL

Blackline has announced the pricing of $600 million aggregate principal amount of 1.00% convertible senior notes due 2029 in a private placement to qualified institutional buyers under Rule 144A of the Securities Act of 1933.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 10:01 am

ALTG

Alta Equipment has priced a $500M private offering of 9.000% Senior Secured Second Lien Notes due 2029. Concurrently, the company plans to amend and extend its existing credit facilities, replacing them with new facilities due 2029.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:47 am

VRSK

Verisk Analytics has priced a $600 million offering of 5.250% senior notes due in 2034.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:35 am

ALLE

Allegion has priced an offering of $400 million in 5.600% senior unsecured notes due 2034.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:32 am

NNN

NNN REIT has priced a $500 million public offering of 5.500% senior unsecured notes due 2034. The notes were offered at 5.662% of the principal amount with a yield to maturity of 98.768%. Interest will be payable semi-annually on June 15 and December 15 each year.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 7:28 am

PTON

Peloton Interactive has priced a $300 million offering of 5.50% convertible senior notes due 2029, upsizing from the initial $275 million. The proceeds will be used to repurchase $800 million of its 0.00% convertible senior notes due 2026, refinance existing credit facilities, and cover related fees and expenses.

Portfolio Pulse from Benzinga Newsdesk

May 22, 2024 | 6:48 am

HAE

Haemonetics Corporation announced a $525 million offering of convertible senior notes. The proceeds will be used for general corporate purposes, including potential acquisitions and debt repayment.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:41 pm