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 Legence Announces Extension and Repricing of Term Loan along with Increase and Extension of Revolving Credit Facility
 Globenewswire· 2025-10-31 04:05
SAN JOSE, Calif., Oct. 30, 2025 (GLOBE NEWSWIRE) -- Legence Corp. (Nasdaq: LGN) (“Legence” or the “Company”) today announced the amendment of its $798 million Term Loan Credit Facility, extending the maturity date by three years to December 16, 2031 and reducing the applicable interest rate to Secured Overnight Financing Rate (“SOFR”) plus 2.25%, representing a 25 basis point reduction in pricing. The Company also announced the amendment of its Revolving Credit Facility, increasing the aggregate commitment  ...
 This Chicago couple says they long to burn their mortgage — how The Ramsey Show says they can get there sooner
 Yahoo Finance· 2025-10-30 17:45
 Ashley and Jim, a Chicago couple with two kids, are feeling stuck. They'd paid off their debt, built an emergency fund and are investing 15% for retirement while also saving for college. Yet their $155,000 mortgage feels like it is going nowhere.  "We're just feeling kind of stagnant," Ashley told The Ramsey Show at a live taping in Chicago. (1)  "Every single time we have any extra money, we can't put it towards our mortgage. We have a plumbing issue, or we need a new car." Just the day before, tree roots ...
 Bridger Aerospace Secures $331 Million in New Financing Commitments to Fuel Growth and Fleet Expansion
 Globenewswire· 2025-10-29 20:05
BELGRADE, Mont., Oct. 29, 2025 (GLOBE NEWSWIRE) -- Bridger Aerospace Group Holdings, Inc. (“Bridger”, “the Company” or “Bridger Aerospace”), (NASDAQ: BAER, BAERW), one of the nation’s largest aerial firefighting companies, today announced a significant financial milestone with a new senior secured facility of up to $331.5 million led by Bain Capital’s Private Credit Group (“Bain Capital”). In addition, in a separate announcement filed yesterday, the Company said it finalized its previously announced sale-le ...
 Why Mohawk's Tough Q3 Might Be Better Than It Looks
 Forbes· 2025-10-29 00:10
Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty ImagesSOPA Images/LightRocket via Getty ImagesMohawk Industries stock (NYSE: MHK) has declined by 7% over the last five days, whereas the S&P 500 increased by 1.2%, following another challenging yet slowly improving quarter. The news stories highlighted weak volumes and margin pressures, but behind the scenes, various operational insights demonstrate how the flooring leader is repositioning for a recovery led by the housing sector. Below, ...
 Ferrellgas, L.P. Announces Closing of Senior Notes Offering and Entry Into Credit Agreement Amendment
 Globenewswire· 2025-10-28 05:25
LIBERTY, Mo., Oct. 27, 2025 (GLOBE NEWSWIRE) -- Ferrellgas, L.P. (the “Company”) and its wholly-owned subsidiary Ferrellgas Finance Corp. (together with the Company, the “Issuers”) announced today that the Issuers completed their previously announced offering of $650.0 million aggregate principal amount of 9.250% senior notes due 2031 (the “Notes”) at an offering price equal to 100% of the principal thereof. The Notes are senior obligations of the Issuers and are guaranteed on a senior unsecured basis by Fe ...
 Great Lakes Announces Amendment to Upsize and Extend Maturity of Revolving Credit Facility and Repayment of Second Lien Notes
 Globenewswire· 2025-10-28 04:10
HOUSTON, Oct. 27, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ("Great Lakes" or the “Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, announced that on October 24, 2025, it completed an amendment to its existing Revolving Credit Facility, upsizing the facility by $100 million to $430 million and extending its maturity to October 2030. As part of this transaction, the Company utilized the increased revolver capacity to fully repay the $100 million s ...
 Albemarle Announces Sale of a Controlling Stake in Ketjen to KPS Capital Partners
 Prnewswire· 2025-10-27 19:17
Albemarle regularly posts information to Albemarle.com, including notification of events, news, financial performance, investor presentations and webcasts, non-GAAP reconciliations, U.S. Securities and Exchange Commission filings and other information regarding the company, its businesses and the markets it serves. Accessibility StatementSkip Navigation Albemarle Separately Signs Agreement to Sell its 50% Stake in Eurecat Joint Venture to Axens SA CHARLOTTE, N.C., Oct. 27, 2025 /PRNewswire/ --Â Albemarle Co ...
 Gran Tierra Energy Inc. Announces New $200 Million Prepayment and Marketing Agreement and Amendment to Reserve-Based Credit Facility
 Globenewswire· 2025-10-24 19:30
CALGARY, Alberta, Oct. 24, 2025 (GLOBE NEWSWIRE) -- Gran Tierra Energy Inc. (“Gran Tierra” or the “Company”) (NYSE American:GTE)(TSX:GTE)(LSE:GTE) today announced that it has, through its wholly owned subsidiary Gran Tierra Energy Colombia GmbH, a Swiss limited liability company (the “Seller”), entered into a crude oil sale and purchase agreement and a related prepayment addendum (together, the “Oriente Crude Oil Agreements”). Under the Oriente Crude Oil Agreements, the Seller will receive an initial advanc ...
 THEON signs a new €300 million Senior Facility Agreement
 Globenewswire· 2025-10-09 14:03
PRESS RELEASE Bloomberg (THEON:NA) / Reuters (THEON.AS)  9 October 2025 – Theon International Plc (THEON) has signed a new €300 million senior facility agreement with a syndicate of 9 leading international and Greek banks. The revolving credit facility has a tenor of 5 years and can be upsized, if required, to €400 million. The proceeds will be used for the refinancing of existing short-term debt, supporting general corporate purposes and possibly financing larger acquisitions. BNP Paribas acted as bookrunn ...
 This Top Warren Buffett Stock Is Making a Game-Changing Deal
 The Motley Fool· 2025-10-03 15:25
 交易概述 - 伯克希尔哈撒韦公司以97亿美元现金收购西方石油旗下的化工公司OxyChem [2][3] - 此次交易被描述为一项变革性交易 将显著重塑西方石油的业务结构 [1][2] - 伯克希尔哈撒韦目前持有西方石油超过126亿美元的股票 占其流通股的近27% 是其第六大持仓 占投资组合的41% [1]   OxyChem资产价值 - OxyChem是一家全球大宗化工产品制造商 产品对水处理、制药等关键行业至关重要 [3] - 公司运营23个全球工厂 是全球第二大烧碱销售商和国内第三大聚氯乙烯供应商 [3] - 尽管化工行业有波动 OxyChem持续盈利 并通过投资阶段即将实现盈利能力的阶跃式变化 [4] - 西方石油原计划到2026年投入超过15亿美元用于多个项目 这些项目将在2026年及以后为OxyChem增加325亿美元的年化息税折旧摊销前利润 [4] - OxyChem的稳定现金流和增长盈利能力使其非常适合已有化工行业运营经验的伯克希尔哈撒韦 后者在2011年也以97亿美元收购了特种化工公司路博润 [5]   对西方石油财务影响 - 出售OxyChem的所得中 65亿美元将用于立即偿还债务 使公司有望实现将主要债务降至150亿美元以下的长期目标 [6] - 税后收益中的15亿美元将置于资产负债表上 以增强财务灵活性 [6] - 实现更低的债务水平将改善公司的信用指标和财务灵活性 每年节省超过35亿美元的利息支出 从而增加自由现金流 [9] - 增加的财务灵活性将使公司能够机会性地回购股票并偿还到期债务 同时继续增加股息 [9] - 公司计划在2029年8月后 在积累更多现金后 恢复赎回伯克希尔的优先股投资 [9]   战略重心调整 - 交易除了重塑公司财务面貌 还将使西方石油更加专注于石油和天然气生产 [10] - 公司将拥有更大的财务灵活性 投资于开发其全球大量的低成本油气资源 [10] - 此次交易将创造战略机会 解锁超过20年的低成本资源储备 并带来有意义的近期和长期价值 [10] - 交易后 西方石油将成为风险显著降低的石油公司 专注于开发其 vast 的低成本油气资源 具有巨大的长期增长潜力 [11]   交易背景与债务问题 - 债务问题源于2019年西方石油以550亿美元现金收购阿纳达科石油公司 伯克希尔当时通过100亿美元的优先股投资协助了此次收购 [7] - 2020年疫情导致油价暴跌 原油价格下跌和资产出售困难严重影响公司实现最初债务削减目标的能力 [7] - 随着油价改善 公司逐步摆脱困境 并在2023年底同意以120亿美元收购CrownRock 这是一项另一项债务沉重的交易 [8] - 公司当时设定的目标是在交易完成后一年内偿还至少45亿美元债务 并最终将主要债务降至150亿美元以下 [8] - 公司通过自由现金流和资产出售迅速实现了初步目标 现在通过出售OxyChem将达到150亿美元的目标 [8]