XP (NASDAQ:XP) said on Friday that it has priced an offering of $500 million in the principal amount of 6.750% senior unsecured notes due in 2029. The notes will be guaranteed by XP Investimentos S.A. The transaction is expected to close on July 2, 2024. The company intends to useContinue Reading
MicroStockHub/iStock via Getty Images JPMorgan believes that a proposed round of tariffs under a potential second Donald Trump U.S. presidency could have a greater impact on consumer prices than they did in the Republican leader’s first term. The imposition of tariffs by Trump, who served as U.S. President from 2017Continue Reading
Olemedia/E+ via Getty Images Clinical-stage biopharmaceutical company developing oral therapies — Alumis (ALMS) priced its initial offering of 13.125M shares at $16.00 per share. Underwriters have a 30-day over-allotment option to purchase up to an additional 1,968,750 shares. Alumis (ALMS)also announced today that it has agreed to sell an additionalContinue Reading
SB/iStock via Getty Images LandBridge (LB), an owner of oil and gas land in the Permian Basin, has priced its initial public offering of 14,500,000 Class A shares representing limited liability company interests at a price to the public of $17.00 a piece, it said Thursday after market. LandBridge (LB),Continue Reading
lapandr/iStock via Getty Images B&G Foods (NYSE:BGS) priced an offering of an additional $250M aggregate principal amount of 8.000% senior secured notes due 2028. The new senior secured notes are being issued at a price of 100.5% plus accrued and unpaid interest from March 15, 2024. B&G Foods expects toContinue Reading
Justin Sullivan/Getty Images News Former U.S. President Donald Trump at Thursday’s televised debate said that his plan for blanket tariffs would not drive consumer prices higher, while incumbent leader Joe Biden claimed that the proposal could cost the average American $2.5K or more. The imposition of tariffs by Trump, especiallyContinue Reading
VladK213 BMI, a unit of Fitch Solutions, Thursday upped its 2024 gold price forecast to $2,250/oz from $2,100/oz, with a ‘neutral’ view towards gold in H2, as prices remain tangled in a tug of war between a less dovish Federal Reserve and high levels of geopolitical tension. The brokerage expectsContinue Reading
TXO Partners (NYSE:TXO) announces the pricing of its upsized public offering of 6.5 million common units at $20.00 per share. The offering was increased from the previously announced 5 million to 6.5 million common units. In addition, the company granted the underwriters an option to purchase up to an additionalContinue Reading
SB/iStock via Getty Images A global online cartoon platform carved out of South Korea’s NAVER – WEBTOON Entertainment (WBTN) priced its initial public offering of 15M shares at $21.00 per share. Underwriters have a 30-day option to purchase up to an additional 2.25M shares. The gross proceeds are expected toContinue Reading
phototechno/iStock via Getty Images Essent Group (NYSE:ESNT) has priced its public offering of $500 million aggregate principal amount of senior unsecured notes, expected to close on July 1, 2024, it said Wednesday after market. The Notes will pay interest semiannually at 6.250% per year and will mature on July 1,Continue Reading
