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 PRESS RELEASE

Ocular Therapeutix Reports Inducement Grants Under Nasdaq Listing Rule...

Ocular Therapeutix Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4) BEDFORD, Mass., May 06, 2024 (GLOBE NEWSWIRE) -- Ocular Therapeutix, Inc. (NASDAQ:OCUL) (“Ocular”), a biopharmaceutical company committed to enhancing people’s vision and quality of life through the development and commercialization of innovative therapies for wet age-related macular degeneration (wet AMD), diabetic retinopathy, and other diseases and conditions of the eye, today announced that it has agreed to grant inducement awards to (i) its newly appointed Vice President, Head of Programming & Data Oper...

Ecovyst Catalyst Technologies LLC: Credit Opinion update following fir...

Our credit view of this issuer reflects its long-term contracts with cost pass-through of Ecoservices, constrained by its lack of scale, business diversity and geographical concentration.

Town of Westport, CT: New Issue

Our credit view of this issuer reflects its low leverage and fixed costs, offset by its reserves and liquidity below national Aaa medians.

 PRESS RELEASE

Skyward Specialty Announces Pricing of Its Secondary Offering of Its C...

Skyward Specialty Announces Pricing of Its Secondary Offering of Its Common Stock HOUSTON, May 06, 2024 (GLOBE NEWSWIRE) -- Skyward Specialty Insurance Group, Inc. (NASDAQ: SKWD) (“Skyward Specialty” or the “Company”) a leader in the specialty property and casualty (“P&C”) market, announced the pricing of its secondary offering of 4,400,000 shares being offered by The Westaim Corporation, through its wholly-owned subsidiary, Westaim HIIG GP Inc. (the “Selling Stockholder”) at $36.50. In connection with the offering, the Selling Stockholder has also granted the underwriters a 30-day option...

Moody's Ratings upgrades ratings on three classes of notes issued by B...

Moody's Ratings (Moody´s) has upgraded  the ratings on the following notes issued by Black Diamond CLO 2017-1, Ltd. U.S.$8,000,000 Class B-1-R Senior Secured Deferrable Floating Rate Notes due 2029 (the "Class B-1-R Notes"), Upgraded to Aaa (sf); previously on September 30, 2022 Upgraded to Aa3 (s...

Moody's Ratings assigns Aa2 rating to Los Angeles Dept of Water & Powe...

Moody's Ratings (Moody's) has assigned a Aa2 rating to the Los Angeles Department of Water and Power, CA's $448.5 million Water System Revenue Bonds, 2024 Series B. Concurrently, Moody's has affirmed the Aa2 ratings on the Department's outstanding water system revenue bonds. Post-issuance, the Depar...

 PRESS RELEASE

Methode Electronics Announces CEO Transition

Methode Electronics Announces CEO Transition Kevin Nystrom Appointed Interim Chief Executive Officer Mark Schwabero Appointed Vice Chairman of the Board CHICAGO, May 06, 2024 (GLOBE NEWSWIRE) -- Methode Electronics, Inc. (NYSE: MEI), a leading global supplier of custom-engineered solutions for user interface, LED lighting system and power distribution applications, announced today that Kevin Nystrom, a partner and managing director at AlixPartners LLP, has been appointed interim CEO, effective immediately. The company has previously disclosed its ongoing engagement with AlixPartners for...

Moody's Ratings assigns MIG 1 to Irvington, NJ's notes

Moody's Ratings (Moody's) has assigned a MIG 1 rating to the Township of Irvington, NJ's proposed $6.8 million Bond Anticipation Note. While we rate Irvington Baa3, this short-term rating is based on the expected takeout financing bond to be enhanced under the New Jersey Municipal Qualified Bond Pro...

Emerald X, Inc.: Update to credit analysis

Our credit view of this issuer reflects its very good liquidity and variable cost structure, offset by its highly cyclical business model.

Moody's Ratings assigns Aa1 to Missouri City, TX's GOLT bonds and COs

Moody's Ratings (Moody's) has assigned Aa1 ratings to the City of Missouri City, TX's General Obligation Bonds, Series 2024 with an approximate par amount of $19 million and Combination Tax and Revenue Certificates of Obligation, Series 2024 with an approximate par amount of $6.8 million. Moody's ma...

Moody's Ratings upgrades 70 bonds issued by J.P. Morgan Mortgage Trust

Moody's Ratings (Moody's) has upgraded the ratings of 70 bonds from six US residential mortgage-backed transactions (RMBS), backed by prime jumbo and agency eligible mortgage loans. Please click on this link /viewresearchdoc.aspx?docid=PBS_ARFTL489731 for the List of Affected C...

City of Conroe, TX: Update to credit analysis

Detailed credit opinion highlighting long-term trend of strong operating performance, sustained economic growth, and high leverage with elevated fixed costs.

Moody's Ratings assigns MIG 1 to Pemberton Township, NJ's Series 2024 ...

Moody's Ratings (Moody's) has assigned a MIG 1 short-term rating to Pemberton Township, NJ's proposed $8.8 million Bond Anticipation Notes, Series 2024 consisting of $8,000,100 General Improvement Notes, Series 2024 and $755,900 Water Utility Notes, Series 2024. Moody's Ratings maintains a Aa3 issue...

 PRESS RELEASE

Uniti Group Inc. Announces Pricing of Senior Secured Notes Offering

Uniti Group Inc. Announces Pricing of Senior Secured Notes Offering LITTLE ROCK, Ark., May 06, 2024 (GLOBE NEWSWIRE) -- Uniti Group Inc. (the “Company,” “Uniti,” or “we”) (Nasdaq: UNIT) today announced that its subsidiaries, Uniti Group LP, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC (together, the “issuers”), have priced their offering of $300 million aggregate principal amount of 10.50% Senior Secured Notes due 2028 (the “notes”). The notes will be issued at an issue price of 103.00%. The notes will be guaranteed on a senior unsecured basis by the Compa...

 PRESS RELEASE

Timbercreek Financial Announces 2024 First Quarter Results

Timbercreek Financial Announces 2024 First Quarter Results TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Timbercreek Financial (TSX: TF) (the “Company”) announced today its financial results for the three months ended March 31, 2024 (“Q1 2024”). Q1 2024 Highlights1 The net mortgage investment portfolio increased by $31.3 million to $977.5 million at the end of Q1 2024 from $946.2 million at the end of Q4 2023 (Q1 2023 – $1,149.1 million).Strong quarter of originations made possible by anticipated repayments: $198.5 million in net mortgage investments in the quarter. The ...

Miika Ihamaki
  • Miika Ihamaki

Tokmanni (Buy, TP: EUR17.00) - Q1e hurt by external setbacks

We are just shy of consensus Q1e clean EBIT, reflecting demand challenged by several external setbacks. However, we continue to view Tokmanni as an attractive countercyclical case amid weak consumer trends, with an unduly low valuation despite a sharp step-up in its growth profile since last year’s acquisition of DollarStore. We reiterate our BUY and EUR17 target price.

 PRESS RELEASE

Hamilton Thorne to Announce Q1 2024 Financial Results and Hold Confere...

Hamilton Thorne to Announce Q1 2024 Financial Results and Hold Conference Call on May 14, 2024 BEVERLY, Mass. and TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Hamilton Thorne Ltd. (TSX: HTL), a leading provider of precision instruments, laboratory equipment, consumables, software and services to the Assisted Reproductive Technologies (ART), research, and cell biology markets, today announced that it will release its financial results for the three months ended March 31, 2024 before market open on Tuesday, May 14, 2024. The press release, with accompanying financial information, will be poste...

Moody's Ratings assigns Aa3 to Oregon State University's (OR) revenue...

Moody's Ratings (Moody's) has assigned a Aa3 rating to Oregon State University's (OR) approximately $47.4 million in General Revenue Refunding Bonds, 2024A, $20 million in General Revenue Bonds, 2024B (Federally Taxable) and $26.4 million in General Revenue Refunding Bonds, 2024C (Delayed Delivery)....

Murray State University, KY: Update to credit analysis

This report highlights the credit's regional role, Commonwealth support, high age of plant and considerable net pension liability.

Moody's Rating assigns Aa1 ENH to Tri-City United ISD 2905, MN's Serie...

Moody's Ratings (Moody's) has assigned a Aa1 enhanced rating to Tri-City United Independent School District 2905, MN's General Obligation Tax Abatement Bonds, Series 2024A with a likely par amount of $1.8 million. Moody's  maintains the district's underlying issuer and outstanding general obligation...

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