Portfolio Highlights - The company's Manhattan-focused real estate portfolio features a tenant base in core commercial businesses, with the top 10 tenants being 77% Investment Grade rated[5, 9] - Portfolio occupancy is at 82.0%, with a weighted-average remaining lease term of 6.0 years[9] - Over 53% of the company's leases expire after 2030[9, 17] - The real estate investments are valued at $432.4 million, spread across 6 properties with a total square footage of 1.0 million[14] - Annualized Straight-line Rent is $45.1 million[14] Financial Highlights - The company has a 100% fixed-debt capital structure with a weighted-average interest rate of 6.4%[9, 38] - Total debt amounts to $350.0 million[38] - Net Leverage is at 63.8%[9, 38, 46] - Revenue from tenants for the quarter was $12.2 million, while the net loss was $41.7 million[38] - Cash NOI decreased year-over-year from $7.4 million in Q2'24 to $4.2 million in Q2'25[42, 38] Strategic Initiatives - The company continued marketing efforts for the sale of 123 William Street ($269.5 million at cost, 84% occupancy) and 196 Orchard Street ($66.6 million at cost, 100% occupancy)[9, 10, 24]

Credit spreads on Asian investment-grade dollar bonds widened Monday, putting them on course for the biggest two-day blowout since early April, following worse-than-expected US jobs data https://t.co/VtR3z4VYjC ...

Core Insights - Graphic Packaging Holding Company reported a net income of $104 million, or $0.34 per diluted share, for the second quarter of 2025, a decrease from $190 million, or $0.62 per diluted share, in the same quarter of 2024 [2][25] - Adjusted net income for Q2 2025 was $128 million, or $0.42 per diluted share, compared to $183 million, or $0.60 per diluted share in Q2 2024 [2][26] - The company experienced a 1% decrease in net sales, totaling $2,204 million in Q2 2025, down from $2,237 million in Q2 2024 [5][17] Financial Performance - EBITDA for Q2 2025 decreased by 29% to $323 million, with adjusted EBITDA at $336 million compared to $402 million in Q2 2024 [6][26] - The adjusted EBITDA margin was 15.3% in Q2 2025, down from 18.0% in Q2 2024 [6][26] - Total debt increased to $5,859 million in Q2 2025 from $5,209 million in Q4 2024, resulting in a net leverage ratio of 3.7x compared to 3.0x in Q4 2024 [7][27] Capital Expenditures and Shareholder Returns - Capital expenditures in Q2 2025 were $228 million, a decrease from $249 million in the same quarter last year [8] - The company returned approximately $177 million to shareholders in the first half of 2025 through dividends and share repurchases, including $111 million in share repurchases during Q2 [9][14] - Full-year 2025 capital spending is expected to be around $850 million, reflecting higher costs at the Waco, Texas facility [11] Guidance and Market Outlook - The company expects full-year 2025 net sales between $8.4 billion and $8.6 billion, adjusted EBITDA between $1.45 billion and $1.55 billion, and adjusted EPS between $1.90 and $2.20 [10] - Market uncertainty remains higher than normal, impacting volume and revenue expectations [10]

INVESTMENT GRADE NYSE: LADR SUPPLEMENTAL DATA Totals may not equal the sum of components due to rounding. S -2 SECOND QUARTER 2025 HIGHLIGHTS QUARTER ENDED JUNE 30, 2025 AN INVESTMENT GRADE COMMERCIAL REAL ESTATE FINANCE PLATFORM S -1 NEW YORK | MIAMI DISCLAIMERS This presentation contains forward-looking statements regarding possible or assumed future results of the business, financial condition, plans and objectives of Ladder Capital Corp and its subsidiaries (collectively, "Ladder Capital," "Ladder," "LA ...

Yield premiums on Asian investment-grade dollar bonds dropped to a record low, joining a wider regional rally in risk assets spurred by easing trade tensions and strong corporate fundamentals https://t.co/GtdKb40Nov ...

Core Insights - Carnival Corporation & plc (CCL) is enhancing investor confidence through operational momentum and significant balance sheet improvements [1][4] - The company has made substantial progress in refinancing its debt, which is expected to lower net interest expenses and simplify its capital structure [2][4] Financial Performance - In Q2 of fiscal 2025, Carnival prepaid $350 million of its $1.4 billion notes due in 2026 and refinanced the remaining amount with senior unsecured notes maturing in 2031, projected to reduce net interest expense by over $20 million through early 2026 [1][2] - Total debt as of May 31, 2025, was $27.3 billion, a slight decrease from $27.48 billion reported on Nov. 30, 2024 [2] - The net debt-to-EBITDA ratio improved to 3.7x in Q2, down from 4.1x in Q1, indicating effective deleveraging [3][7] Market Position - CCL shares have surged 62.1% over the past three months, outperforming the industry growth of 36.2% [5] - The stock is currently trading at a forward 12-month price-to-earnings (P/E) multiple of 13.53X, below the industry average of 19.88X, suggesting it is undervalued compared to peers [8] Earnings Outlook - The Zacks Consensus Estimate for Carnival's fiscal 2025 earnings per share has been revised upward from $1.87 to $1.98, reflecting strong analyst confidence [10] - Projections indicate a 39.4% rise in fiscal 2025 earnings for Carnival, compared to expected increases of 30.9%, 11.5%, and 16.5% for competitors Royal Caribbean, Norwegian Cruise, and OneSpaWorld, respectively [11]

When investment-grade companies sell debt in the US, they’re increasingly looking to do it fast. https://t.co/3AWs01cfBt ...

Group 1 - The article highlights Athene Holding Ltd. as an often overlooked security, specifically its 6.35% Dep Sh Fix/Float Non-Cumul Pref Shares Ser A (ATH.PR.A) [1] - The purpose of the article is to draw attention to investment opportunities in Athene Holding Ltd. [1] Group 2 - The article does not provide any specific financial performance data or metrics related to Athene Holding Ltd. [2]

Oman has received its second upgrade to investment grade in less than a year, after Moody’s Investors Service raised its sovereign rating from junk https://t.co/cSmTeBIqO1 ...

Just remind us, what was the situation like in Greece a decade ago. Well, I think it's worth reminding ourselves why we're talking about this now is because exactly ten years ago this week, there was a referendum organised in Greece on the terms of a new bailout package organised by the then leftwing Syriza government of former Prime minister Alexis Tsipras. His party had been elected the same year on the promise to end austerity and his government had devised the electorate to vote against the terms of the ...