Movers & Shakers | 10 stocks that moved the most last week
The Nifty midcap 100 index climbed 5.2 percent and the smallcap index gained 3.8 percent in the week gone by. The rally is expected to continue in the coming weeks, say experts . January 10, 2021 / 10:44 AM IST The market ended the first week of 2021 on a new high, rising 2 percent for the second week in a row. The Sensex rallied 913.53 points to 48,782.51 and the Nifty jumped 328.75 points to 14,347.25. IDFC First Bank | The stock price added 18 percent after the lender reported a 100 percent rise in retail deposits YoY and 18 percent QoQ. The bank reported a 41 percent rise in customer deposits in the third quarter of the fiscal to Rs 77,289 crore as on December 31, 2020 from Rs 54,631 crore on December 31, 2019, it said in a regulatory filing. Retail Deposits (CASA and term deposits) increased 100 percent YoY to Rs 58,435 crore on December 31, 2020 from Rs 29,267 crore in the year-ago period and 18 percent
Peabody Announces Early Tender Results Of Exchange Offer And Consent Solicitation And Extension Of Early Tender Date
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ST. LOUIS, Jan. 8, 2021 /PRNewswire/ Peabody (NYSE: BTU) today announced that as of 5:00 p.m., New York City time, on January 8, 2021 (the
Original
Early Tender Date ), at least $391.2 million in aggregate principal amount of its outstanding 6.000% Senior Secured Notes due 2022 (the
Existing Notes ), representing approximately 85% of the total outstanding principal amount of Existing Notes, had been validly tendered and not validly withdrawn in connection with Peabody s previously announced offer to exchange (the
Exchange Offer ) any and all of its Existing Notes for (i) new 10.000% Senior Secured Notes due December 31, 2024 (the
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Townsquare Media Completes $550 Million Note Sale
January 8, 2021 at 1:20 AM (PT)
Note Sale
TOWNSQUARE MEDIA has completed its sale of $550 million of its 6.875% Senior Secured Notes due in 2026.
The company says in an SEC filing that it used a portion of the net proceeds to repay borrowings under its term loan facility and will use a portion plus some cash on hand to redeem all of its outstanding 6.500% senior notes due 2023.
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WASHINGTON, Jan. 8, 2021 /PRNewswire/ Urban One, Inc. ( Urban One or the Company ) (NASDAQ: UONEK and UONE) today announced that it has priced an offering of $825.0 million in aggregate principal amount of its 7.375% senior secured notes due 2028 (the Notes ) to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act ), and to persons outside the United States pursuant to Regulation S under the Securities Act. The Notes will bear interest semi-annually at a rate equal to 7.375% per annum and were offered at par value.
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WASHINGTON, Jan. 7, 2021 /PRNewswire/ Urban One, Inc. ( Urban One or the Company ) (NASDAQ: UONEK and UONE) today announced that it has launched an offering of $825 million in aggregate principal amount of senior secured notes due 2028 (the Notes ) in a private offering that is exempt from the registration requirements of the Securities Act of 1933, as amended (the Securities Act ). The Notes will initially be guaranteed on a senior secured basis by certain of the Company s direct and indirect restricted subsidiaries, and secured, subject to certain exceptions, on a first-priority basis by the notes priority collateral and on a second-priority basis by the collateral securing the Company s asset based loan facility.