Key Takeaways Carnival reduced secured debt by $2.5B, refinanced $11B and prepaid $1B in Q3.CCL ended Q3 FY25 with a net debt-to-EBITDA ratio of 3.6x and is targeting below 3x by 2026.With fewer ship deliveries, Carnival eyes a stronger cash flow and a dividend return once leverage stabilizes.Carnival Corporation & plc (CCL) is steering its financial ship toward calmer waters. After years of pandemic-driven leverage, the cruise leader is now executing one of the sector’s most aggressive deleveraging program ...

Markets are good at assimilating information as it comes in, incorporating it into valuations and price action relatively quickly—but that doesn’t mean they’re truly efficient. By focusing on current events, markets might miss signs that point to future upside potential.  This tendency creates opportunities, like the one available in the energy sector today. With crude oil prices remaining at cyclical lows and muted demand from global giants like the United States and China, there seems to be limited intere ...

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Let's talk a little bit about this deal, how it came together, and $9.7% billion in cash. What do you plan to do with it. >> Well, with the cash, we're going to take about $6.5% billion of the cash, and we're going to apply it to debt reduction. And that debt reduction amount will get us to below our target uh debt of $15 billion that we laid out after the uh Crown Rock acquisition.That then will reduce our interest payments by $350 million. And uh that will enable us then to start adding back parts of our ...

(Bloomberg) -- Occidental Petroleum Corp. is done with monster dealmaking after reaching its asset-sales target with the $9.7 billion chemical-unit sale to Berkshire Hathaway Inc. “I believe we are done with the big deals,” Occidental Chief Executive Officer Vicki Hollub said in an interview Thursday. “This pretty much gets us where we need to be.” Following the Texas oil driller’s transformational purchase of CrownRock LP for $10.8 billion in August 2024, Hollub targeted as much as $6 billion in asset s ...

Current industry trends are working in Carnival's favor.Cruise ship operators were some of the worst-hit companies during the pandemic, being forced to shut down. But passengers have been coming back in droves in the years since cruises resumed. That was on display once again when Carnival Corp. (CCL -1.78%) (CUK -1.32%) reported its 10th straight quarter of record revenue.Despite the strong results and guidance, the stock sank on the report, but it is still up about 15% on the year, as of this writing.Let' ...

Presse release – Neuilly-sur-Seine, Tuesday, September 23, 2025 – 7.30 am ARGAN slows down the pace of debt reduction and strengthens its growth In accordance with the announced plan early this year1, confirmed as part of the half-year results, ARGAN started the marketing of a portfolio of four assets rented to food distribution companies. This was projected to generate €130 million of net cash. Meanwhile, the increase in French long term debt rates (OAT) on a backdrop of deteriorating public finances, deb ...

Cosan, Brazil's largest sugar and ethanol producer, aims to raise as much as 10 billion reais ($1.9 billion) in a public offering to address its increasing debt burden. ...

Core Viewpoint - Team, Inc. has successfully closed a $75 million private placement of preferred stock and warrants with Stellex Capital Management, which will reduce debt and enhance financial flexibility while establishing a strategic partnership aligned with the company's management priorities [2][3]. Financial Transaction Highlights - The transaction involves the sale of $75 million of 10.5% Series B Preferred Stock, with dividends payable quarterly either in kind or cash [4]. - The proceeds will be used to repay $25 million of loans under the ABL Credit Facility and approximately $42 million under the Second Lien Term Loan Credit Agreement [4]. - Stellex will receive 982,371 Tranche A Warrants and 470,889 Tranche B Warrants, with exercise prices of $23.00 and $50.00 per share, respectively [4]. Debt Reduction and Financial Flexibility - The transaction allows for the repayment of approximately $67 million of debt and includes amendments to existing credit facilities to increase commitment amounts and reduce applicable margins [6][7]. - The ABL Credit Facility commitment amount is increased from $130 million to $150 million, with a maturity extension to October 2028 [7]. - The First Lien Term Loan Facility has also been amended to reduce the applicable margin by 25 basis points, enhancing financial flexibility [8]. Strategic Partnership and Future Growth - Stellex will have the right to nominate two members to Team's Board of Directors, indicating a deeper strategic partnership [5]. - The investment is seen as a commitment to operational excellence, technology advancement, and long-term value creation for customers and shareholders [3].

Group 1 - Skillsoft has been making steady progress since its Investor Day last July, focusing on reigniting revenue growth while increasing free cash flow (FCF) to support deleveraging its balance sheet [1] - The company has implemented strict cost discipline, which has contributed to delivering $45 million in FCF [1] Group 2 - The individual investor mentioned has a focus on undercovered companies, particularly in technology, software, electronics, and the energy transition sectors [1] - The investor has been actively investing personal capital for over 7 years and has accumulated professional investment experience [1]