Workflow
Debt Repayment
icon
Search documents
Topgolf Callaway Brands Completes Sale of Majority Stake of Topgolf to Leonard Green & Partners
Prnewswire· 2026-01-05 12:30
Core Viewpoint - The company has successfully completed the sale of a 60% stake in its Topgolf and Toptracer businesses for approximately $1.1 billion, which will enhance its financial position and allow for strategic initiatives such as debt repayment and stock repurchase [1][5]. Group 1: Financial Transactions - The company received approximately $800 million in cash proceeds from the sale, net of working capital adjustments and transaction expenses [1]. - Following the sale, the company repaid $1 billion of outstanding borrowings under its term loan B facility [2]. - After the repayment, the company has approximately $480 million in outstanding debt and $680 million in unrestricted cash and cash equivalents [3]. Group 2: Stock Repurchase Program - The company's Board of Directors has authorized a new stock repurchase program of up to $200 million, which will be executed based on market conditions and other factors [4]. - The repurchase program replaces any unused portion of the prior stock repurchase program and does not require the company to acquire a specific number of shares [4]. Group 3: Corporate Changes - The company plans to change its corporate name back to "Callaway Golf Company" and will change its ticker symbol to "CALY" effective on or about January 16, 2026 [5].
龙湖集团如期完成“21龙湖02”兑付
Zheng Quan Ri Bao Wang· 2026-01-05 12:13
本报讯(记者陈潇)1月5日,龙湖集团如期完成"21龙湖02"的本金兑付与付息,涉及总金额约10.38亿元。 公开资料显示,"21龙湖02"发行金额为10亿元,票面利率4.4%,回售资金兑付日为2026年1月7日,本次 兑付包含行权到期本金9.94亿元以及利息0.44亿元。 而根据稍早前消息,龙湖集团已于12月初将港币银团提前结清。该笔银团贷款总规模为92.27亿港元(约 合人民币85亿元),起息日为2020年12月21日,期限为5年。根据公开信息,龙湖集团自第三季度起,便 分阶段推进剩余款项的偿还工作,并于12月初完成提前兑付。这意味着龙湖集团已偿清2025年全部公开 市场的债务,以稳健的财务策略及有序铺排,平稳度过债务高峰期。 在完成"21龙湖02"兑付后,龙湖集团境内信用债余额仅余约34亿元,分别为2026年3月份到期1.47亿 元,5月份到期15亿元,8月份到期10亿元,以及2027年1月份到期8亿元,到期规模小且兑付时间分散。 惠誉对此表示,2025年之后,龙湖集团包括债券和银团贷款在内的债务到期压力会显著减轻。 实际上,自2023年起,龙湖集团就坚持用正向的经营性现金流驱动业务增长,以安全稳定的债务 ...
4 Tips To Achieve the Most Popular Money Goals for 2026
Yahoo Finance· 2026-01-03 14:29
Core Insights - The article emphasizes the importance of structured financial systems over mere motivation in achieving financial goals [2][3] Group 1: Savings Strategy - Setting a specific savings target and ensuring funds are in the right account is crucial for effective savings [4] - Consumers should prioritize their savings strategy by determining how much they can realistically save after essential expenses and checking the yield on their savings accounts [5] - Traditional bank savings accounts often yield low returns (average of 0.40%), while high-yield savings accounts, like Vanguard's Cash Plus Account at 3.50%, can significantly increase earnings [6] Group 2: Debt Management - After establishing a savings system, addressing high-interest debt is the next critical step [7] - A recommended approach is to rank debts to determine the order in which they should be paid off, focusing on high-interest balances first [7]
Neiman Marcus parent sells its Beverly Hills site
Yahoo Finance· 2025-12-30 19:58
A pedestrian walks past the flagship store of luxury retailer Neiman Marcus at Beverly Hills on Dec. 30, 2025. The property was recently sold to New York private real estate investment firm Ashkenazy Acquisition Corp. (Ronaldo Bolanos / Los Angeles Times) The land below the Beverly Hills flagship store of luxury retailer Neiman Marcus has been sold to a New York investor as the owners of the department store chain sell property to pay debts. Neiman Marcus, which has occupied the 9700 Wilshire Boulevard s ...
'Run — Run Away,' Dave Ramsey Says, As A 28-Year-Old Plans To Marry A Veterinarian Bringing $350K Debt While He Earns $135K
Yahoo Finance· 2025-12-27 18:01
Financial Situation - Justin has an income of approximately $107,000, projected to rise to around $135,000 after military deployment [2] - He is debt-free and has $21,000 in cash, $60,000 in retirement savings, and an investment portfolio valued at about $110,000 [4] Debt Concerns - Justin's partner has $350,000 in student loan debt, creating a significant financial gap between them [1] - Personal finance expert Dave Ramsey warns that misalignment on debt management can lead to serious relationship issues, citing money problems as a leading cause of divorce in North America [5] Financial Strategies - Ramsey outlines two potential paths for the couple: one where both partners aggressively tackle the debt together, which could lead to resolution in a few years if they are fully committed [6]
4 Small Financial Wins That Can Boost Your Confidence Fast
Yahoo Finance· 2025-12-26 15:33
Many people are dealing with credit card debt, bank accounts are strained and many need a confidence boost when it comes to their finances. Rather than avoiding the topic, take a few small steps to improve your money situation. These quick wins can help you rebuild your confidence and feel more in control of your finances. Check Your Credit Report for Errors Errors on your credit report could damage your score. According to a 2024 survey headed up by Consumer Reports and WorkMoney, 44% of consumers fou ...
5 Wealth-Building Habits To Start in 2026 — Even if No One Ever Taught You About Money
Yahoo Finance· 2025-12-23 14:17
You’d like to make this year your year. It’s time to get your mind, body and money in line. While you can download a meditation app or stream workout videos online, you might still feel unsure about one of your biggest goals: building wealth. Nobody taught you how to manage money when you were growing up. So should you abandon your New Year’s resolution before the ball even drops? Absolutely not. According to Latina wealth activist and RQZA founder Lea Landaverde, there’s no time like the present to giv ...
Saturn Oil & Gas (OTCPK:OILS.F) Update / Briefing Transcript
2025-12-18 16:02
Saturn Oil & Gas Conference Call Summary Company Overview - **Company**: Saturn Oil & Gas (OTCPK:OILS.F) - **Date**: December 18, 2025 - **Focus**: 2026 Guidance and Budget Key Points 2026 Budget and Capital Expenditure - Saturn's 2026 capital expenditure budget is set between CAD 180 million and CAD 190 million, with over 80% allocated to drilling, completion, equipment, and tie-in activities [2][3] - The company plans to drill 105 gross or 78 net wells, with a forecasted free funds flow yield between 25% and 35% [2][3] - The capital program represents a 27% decrease from the previous guidance, yet the average production forecast for 2026 is 40,000 barrels per day, only 5% lower than 2025 [3][10] Production and Operational Strategy - Saturn aims to exit 2026 with production between 38,000 and 39,000 BOE per day, maintaining flexibility to adjust capital programs based on commodity price movements [3][4] - The company has hedged 50%-55% of its proved developed producing production for the next 12 months, providing significant downside protection [4][5] - The break-even price at the asset level is around $40 per barrel, increasing to approximately $45 when including note repayments [5] Drilling and Development Focus - Approximately 60% of the 2026 capital program will be focused on Southeast Saskatchewan, with plans to drill 77 gross or 61 net wells [8] - A significant portion of the capital is directed towards open-hole multilateral opportunities, with a 60% increase in targeted locations compared to 2025 [8][9] - The company plans to run four rigs in Q1 2026, focusing on both open-hole multi-leg wells and conventional Mississippian and Spearfish wells [9][10] Waterflood Initiatives - Saturn is increasing its focus on waterflood initiatives, allocating CAD 10 million for waterflood investment in 2026, double the amount from 2025 [11] - The waterflood strategy aims to reduce decline rates and enhance production sustainability, with plans to convert seven producers to injectors and drill three repressurized Bakken wells [12][44] Financial Strategy and Market Position - The company emphasizes a disciplined approach to capital, targeting free cash flow rather than specific production levels [15][16] - Saturn has CAD 250 million in available liquidity through its credit facility and cash on hand, positioning it well to navigate market volatility [15] - The management is open to asset acquisitions or divestitures if the right opportunities arise, but is not pressured to sell assets at unfavorable prices [31][32] Future Outlook - The company anticipates a potential increase in capital expenditure to CAD 300 million in a higher oil price environment, particularly if prices exceed $70 per barrel [35][36] - Saturn's long-term strategy includes balancing immediate drilling opportunities with sustainable practices like waterflooding to ensure future production stability [44] Additional Insights - The company has consistently exceeded type curve expectations, with some wells performing four times above expectations [10] - The management is committed to the health and safety of its workforce, ensuring that all employees return home safely [5] This summary encapsulates the key points discussed during the Saturn Oil & Gas conference call, highlighting the company's strategic focus, financial health, and operational plans for 2026.
Saturn Oil & Gas Inc. Announces 2026 Capital Budget and Guidance Designed to Optimize Free Funds Flow, Continue Debt Repayment and Preserve Long-Term Value
TMX Newsfile· 2025-12-17 22:12
Disciplined $180 to $190 million development capital budget retains flexibility and targets quick payback opportunitiesForecast average production of 39,000 to 41,000 boe/d, with ability to quickly ramp up capital and volumes should prices strengthenFree funds flow allocated to debt repayment and share buybacks, with forecast free funds flow yield of 25% to 35%Up to 1/3 of total development capital allocated to high-return, rapid payback open hole multi-lateral ("OHML") drilling Calgary, Alberta--(Newsfile ...
Bombardier Announces $500 Million Debt Repayment and Confirms Deleveraging Plan on Target
Globenewswire· 2025-12-17 12:30
MONTREAL, Dec. 17, 2025 (GLOBE NEWSWIRE) -- Bombardier today confirmed the company is on track to reach its previously stated net leverage ratio target of 2.0–2.5x. With the $500 million debt redemption notice announced on December 17, which is expected to close by Feb 17, 2026, the Bombardier team will have successfully reduced its long-term debt by $5.5 billion since December 2020, generating annualized interest cost savings of more than $409 million (1). This achievement reflects Bombardier’s proactive f ...