Securities and Exchange Commission of Pakistan

Paragon 28 Announces New $150 Million Credit Facility Replacing Existing $90 Million Credit Facility

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Health, Business, Medical Devices, Surgery, Finance, General Health, Paragon, FNA, Ares Management, NYSE, Ares, Securities and Exchange Commission of Pakistan, Foot, Facility, Growth, Credit, External commercial borrowing, Ankle, Credit agreements in South Africa, Security (finance)

Paragon 28, Inc. (NYSE: FNA) (“Paragon 28” or "Company”), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced that it has received a new $150 million credit facility from Ares Capital Corporation (“the Facility”) to replace its existing $90 million senior credit facility.

Key Points: 
  • Paragon 28, Inc. (NYSE: FNA) (“Paragon 28” or "Company”), a leading medical device company exclusively focused on the foot and ankle orthopedic market, today announced that it has received a new $150 million credit facility from Ares Capital Corporation (“the Facility”) to replace its existing $90 million senior credit facility.
  • The Facility is comprised of up to $100 million in term loans, with $75 million drawn at close, and a $50 million revolving credit facility, with $25 million drawn at close.
  • The Company’s September 30, 2023, pro forma liquidity is $147.0 million, including $97.0 million of pro forma cash and $50 million of available borrowings under the Facility.
  • “We are excited to partner with Paragon 28, a truly innovative and high growth company,” said Doug Dieter, Partner in Ares’ Credit Group.

One Liberty Properties Reports Third Quarter 2023 Results

Retrieved on: 
Monday, November 6, 2023
OLP, White paper, Renting, Insurance, Sale, Security (finance), Result, National Association of Real Estate Investment Trusts, NYSE, Securities and Exchange Commission of Pakistan, One Liberty Plaza, GAAP, Acquisition, Disability-adjusted life year, Maintenance, Liberty, REIT, FFO, Financial condition report, Real estate investment trust, Liberty Property Trust, Growth, Analysis, GREAT, Depreciation, Annual report, An Act to exempt a particular class of securities from the Securities and Exchange Act, Investment, NAREIT, Employee Retirement Income Security Act of 1974, National Association, Life insurance, Video game, Cryptocurrency, Bank, Commercial property, Real estate, Operation

GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2023.

Key Points: 
  • GREAT NECK, N.Y., Nov. 06, 2023 (GLOBE NEWSWIRE) -- One Liberty Properties, Inc. (NYSE: OLP), a real estate investment trust focused on net leased properties, today announced operating results for the quarter ended September 30, 2023.
  • Total operating expenses in the third quarter of 2023 were $14.3 million compared to $13.8 million for the third quarter of 2022.
  • Contributing to the change was a $340,000 increase in depreciation and amortization expense primarily related to properties acquired in 2022 and 2023.
  • Net income attributable to One Liberty in the third quarter of 2023 was $2.7 million, or $0.12 per diluted share, compared to $7.2 million, or $0.34 per diluted share, in the third quarter of 2022.

PennantPark Investment Corporation Announces Monthly Distribution of $0.07 per Share

Retrieved on: 
Thursday, November 2, 2023
Security (finance), Securities and Exchange Commission of Pakistan, NYSE, Form 1099, The Company, Cryptocurrency, Holding company

MIAMI, Nov. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for November 2023 of $0.07 per share, payable on December 1, 2023 to stockholders of record as of November 16, 2023.

Key Points: 
  • MIAMI, Nov. 02, 2023 (GLOBE NEWSWIRE) -- PennantPark Investment Corporation (the "Company") (NYSE: PNNT) declares its monthly distribution for November 2023 of $0.07 per share, payable on December 1, 2023 to stockholders of record as of November 16, 2023.
  • The distribution is expected to be paid from taxable net investment income.
  • The final specific tax characteristics of the distribution will be reported to stockholders on Form 1099 after the end of the calendar year and in the Company's periodic report filed with the Securities and Exchange Commission.

New York Mortgage Trust Reports Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
Consolidated, Security (finance), Eastern Time Zone, Form, Securities and Exchange Commission of Pakistan, GAAP, SLST, Internet, Net interest spread, CDO, Cost, Finance, Bank

Average Interest Earning Assets is calculated based on the daily average amortized cost for the period.

Key Points: 
  • Average Interest Earning Assets is calculated based on the daily average amortized cost for the period.
  • Our GAAP interest income includes interest income recognized on the underlying seasoned re-performing and non-performing residential loans held in Consolidated SLST.
  • On Thursday, November 2, 2023 at 9:00 a.m., Eastern Time, New York Mortgage Trust’s executive management is scheduled to host a conference call and audio webcast to discuss the Company’s financial results for the three and nine months ended September 30, 2023.
  • Third quarter 2023 financial and operating data can be viewed in the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2023, which is expected to be filed with the Securities and Exchange Commission on or about November 3, 2023.

Postal Realty Trust, Inc. Reports Third Quarter 2023 Results

Retrieved on: 
Monday, October 30, 2023
National Association, Insurance, USPS, Sale, Security (finance), NYSE, National Association of Real Estate Investment Trusts, Public expenditure, SOFR, Securities and Exchange Commission of Pakistan, GAAP, Acquisition, Exercise, FFO, Real estate investment trust, Nature, Environment, Growth, COVID-19, Partnership, Webcast, Depreciation, NAREIT, Investment, United States Postal Service, Mail, Holding company, Self storage, Bank, Real estate

CEDARHURST, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2023.

Key Points: 
  • CEDARHURST, N.Y., Oct. 30, 2023 (GLOBE NEWSWIRE) -- Postal Realty Trust, Inc. (NYSE: PSTL) (the “Company”), an internally managed real estate investment trust that owns and manages over 1,800 properties leased primarily to the United States Postal Service (the “USPS”), ranging from last-mile post offices to industrial facilities, today announced results for the quarter ended September 30, 2023.
  • On September 27, 2023, the Company fixed the interest rate on the $10.0 million of term loan through February 2028 at 6.049%.
  • The dividend will be paid on November 30, 2023 to stockholders of record as of the close of business on November 1, 2023.
  • The Company will host a webcast and conference call to discuss the third quarter 2023 financial results on Tuesday, October 31, 2023, at 9:00 A.M. Eastern Time.

Flux Power Announces Capital Structure Update Including New Credit Facility with Cleveland Capital

Retrieved on: 
Friday, November 3, 2023
Chemicals, Plastics, Alternative Energy, Energy, Sustainability, Manufacturing, Technology, Finance, EV, Electric Vehicles, Professional Services, Batteries, Other Transport, Environment, Fleet Management, Transport, Automotive, Machinery, Security (finance), LOC, ATM, Bank, Silicon, Form, Securities and Exchange Commission of Pakistan, GBC, Bank of America, Growth, Merchant cash advance, Form 3, S-3, Silicon Valley Bank

Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced a new credit facility with Cleveland Capital L.P. (“CCLP”) and provided an update on its capital structure.

Key Points: 
  • Flux Power Holdings, Inc. (NASDAQ: FLUX ), a developer of advanced lithium-ion energy storage solutions for electrification of commercial and industrial equipment, today announced a new credit facility with Cleveland Capital L.P. (“CCLP”) and provided an update on its capital structure.
  • Entered into a new $2 million subordinated credit facility with Cleveland Capital, L.P. (“CCLP”) which includes a duration to August 15, 2025.
  • On July 28, 2023, the Company secured a new $15.0 million credit facility from GBC to fund working capital and to refinance its existing credit facility with Silicon Valley Bank.
  • Moreover, today’s announcement of a new $2.0 million subordinated line of credit with Cleveland Capital provides greater working capital optionality and continued confidence in our growth strategy from a long-term investor in Flux Power.

Cable One Reports Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Telecommunications, Internet, Audio, Video, TV and Radio, Technology, Carriers and Services, Mobile, Wireless, Entertainment, Adjustment, Modem, Security (finance), International, Tax, Public expenditure, EBITDA, Securities and Exchange Commission of Pakistan, GAAP, Acquisition, Bank statement, Commercial, Webcast, Depreciation, Leyland Royal Tiger PSU, Cable One, Investment, Cable television, Bookkeeping, Life insurance

Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).

Key Points: 
  • Line extensions include network costs associated with entering new service areas (e.g., fiber/coaxial cable, amplifiers, electronic equipment, make-ready and design engineering).
  • Upgrade/rebuild includes costs to modify or replace existing fiber/coaxial cable networks, including betterments.
  • Cable One will host a conference call with the financial community to discuss results for the third quarter of 2023 on Thursday, November 2, 2023, at 5 p.m. Eastern Time (ET).
  • A replay of the call will be available from November 2, 2023 until November 16, 2023 at ir.cableone.net.

Clipper Realty Inc. Announces Third Quarter 2023 Results

Retrieved on: 
Thursday, November 2, 2023
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, Insurance, Security (finance), NYSE, Tax, Three Months, Securities and Exchange Commission of Pakistan, GAAP, NOI, Valenzuela XUR Homes Realty Inc., Dean Street, Collection, Commercial property, Real estate

Commercial income decreased $0.2 million, or 0.8%, in the third quarter of 2023 due to a small number of commercial leases that expired during 2023.

Key Points: 
  • Commercial income decreased $0.2 million, or 0.8%, in the third quarter of 2023 due to a small number of commercial leases that expired during 2023.
  • The Company today declared a third quarter dividend of $0.095 per share, the same amount as last quarter, to shareholders of record on November 14, 2023, payable November 22, 2023.
  • The Company will host a conference call on November 2, 2023, at 5:00 PM Eastern Time to discuss the third quarter 2023 results and provide a business update.
  • The Company’s filings with the Securities and Exchange Commission (the “SEC”) are filed at www.sec.gov under Clipper Realty Inc.

Paramount Announces Third Quarter 2023 Results

Retrieved on: 
Wednesday, November 1, 2023
REIT, Building Systems, Other Construction & Property, Commercial Building & Real Estate, Construction & Property, 1301 Avenue of the Americas, Paramount Group, NYSE, SVB Securities, Market Center, Disclosure, GAAP, Projection, Securities and Exchange Commission of Pakistan, FFO, Tenant, Mission Street, JPMorgan Chase, Credit, Depreciation, Rare-earth element, Cryptocurrency, Risk management, Pharmaceutical industry, Self storage, Lease, Clothing

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results for the third quarter ended September 30, 2023.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) filed its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 today and reported results for the third quarter ended September 30, 2023.
  • Reported net loss attributable to common stockholders of $8.4 million, or $0.04 per diluted share, for the quarter ended September 30, 2023, compared to $1.5 million, or $0.01 per diluted share, for the quarter ended September 30, 2022.
  • Declared a third quarter cash dividend of $0.035 per common share on September 15, 2023, which was paid on October 13, 2023.
  • Same Store NOI decreased by $10.5 million, or 10.3%, to $91.9 million for the quarter ended September 30, 2023 from $102.4 million for the quarter ended September 30, 2022.

Air Lease Corporation Announces Lease Placement of Two New Boeing 737-8 Aircraft with LOT Polish Airlines

Retrieved on: 
Tuesday, October 31, 2023
Finance, Public Relations, Investor Relations, Communications, Professional Services, Air, Aerospace, Transport, Manufacturing, Air Lease Corporation, Security (finance), NYSE, LOT Polish Airlines, LOT, AL, Securities and Exchange Commission of Pakistan, Boeing 737 MAX, Boeing 787 Dreamliner, ALC, Boeing, Aircraft, Airline

Today, Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines.

Key Points: 
  • Today, Air Lease Corporation (NYSE: AL) announced long-term lease placements for two new Boeing 737-8 aircraft with LOT Polish Airlines.
  • Both aircraft are scheduled to deliver to LOT in mid-2024, and will add to the 11 Boeing 737-8s and one 787-9 Dreamliner aircraft already on lease from ALC.
  • “We are pleased to further expand our long-term relationship with LOT by leasing the airline an additional two new 737-8 jet aircraft.
  • About Air Lease Corporation (NYSE: AL)
    Air Lease Corporation is a leading global aircraft leasing company based in Los Angeles, California that has airline customers throughout the world.