NextDecade (NASDAQ:NEXT) on Monday announced its subsidiary Rio Grande LNG has issued $1.115B of senior secured notes in a private placement. The senior secured notes will accrue interest at a fixed rate of 6.58%. The company said that the net proceeds from the offering will be utilized to reduce outstandingContinue Reading
SOMKID THONGDEE/iStock via Getty Images Exela Technologies (NASDAQ:XELA) on Monday said that its Board of Directors has authorized the company to consider a spin-off of its wholly owned subsidiary, Exela Technologies BPA, to Exela stockholders. The potential spin-off, if completed, would likely be structured so that all Exela (XELA) stockholdersContinue Reading
Westlake Innovations, Inc., a subsidiary of Westlake (NYSE:WLK), has invested in the Blackhorn Industrial Impact Fund II. The move bolsters Westlake’s commitment to a sustainable future through manufacturing improvements and strategic investments in innovative technologies and startup firms. The fund plans to invest in 40 capital-efficient companies, enabling the decarbonizationContinue Reading
McEwen Mining will purchase up to 466,667 shares of McEwen Copper for $14M and Rob McEwen will purchase up to 166,666 shares for $5M. The proceeds will be used to advance work on a bankable feasibility study for the Los Azules copper project, which is scheduled for publication by theContinue Reading
