#debt-refinancing

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AC Milan
fromSempreMilan
1 day ago

GdS: 'Cardinale's speech' - why Milan's owner was at Milanello again and what he said

Gerry Cardinale visited Milanello to encourage the team after refinancing debt, praised players and staff, emphasized unity, and reinforced the top-four Champions League objective.
Business
fromwww.mercurynews.com
4 days ago

Musk'sbankers are discussing a plan to wrangle xAI debt after SpaceX merger

Bankers are arranging financing to reduce Elon Musk's roughly $18 billion debt after the SpaceX–xAI merger ahead of a planned IPO this year.
fromThe Motley Fool
1 week ago

Lee Enterprises LEE Q1 2026 Earnings Transcript | The Motley Fool

Adjusted EBITDA -- $12 million, representing a 61% increase year over year, driven by cost management and digital growth. Adjusted EBITDA Margin -- 9.4%, up from 5.3%, highlighting improved profitability. Equity Investment -- $50 million in gross proceeds was raised via private placement at $3.25 per share, materially strengthening the balance sheet. Interest Rate Reduction -- The credit agreement was amended to lower the interest rate on $455 million of debt from 9% to 5% for five years, generating an estimated $18 million in annual interest savings and up to approximately $90 million over five years.
Fundraising
Business
fromAol
1 week ago

Lee Enterprises LEE Q1 2026 Earnings Transcript

Company improved profitability and strengthened the balance sheet via digital revenue growth, cost reductions, an equity raise, and substantial interest-rate savings.
#federal-reserve
#ac-milan
#lumen-technologies
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#free-cash-flow
fromwww.housingwire.com
5 months ago

UWM raises $1B in oversubscribed debt deal ahead of November maturity

UWM Holdings Corporation has closed the issuance of $1 billion in senior notes, an oversubscribed transaction that comes just two months before the maturity of its existing notes. The company initially planned to issue $600 million. Proceeds, due November 15, will be used to repay $800 million in senior notes that carry a 5.5% coupon, to pay down mortgage servicing rights (MSR) facilities, and UWM will apply the remainder for general working capital, according to a filing with the Securities and Exchange Commission (SEC).
Business
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