Core Insights - The financing transaction involved a $400 million ABS XI note structured as a master trust, which was utilized for direct acquisition financing without the need for a bridge facility, thus saving time and costs [1] - The ABS product is highlighted for its ability to optimize the cost of capital for buyers and maximize asset value for sellers [1] - The tranche notes were priced at a blended coupon of 5.97%, indicating a competitive financing cost [1] Company Overview - Legado Capital Advisors is a leading advisory and capital solutions firm specializing in structured finance, strategic transactions, and capital market execution within the oil and gas sector [1] - The firm emphasizes a relationship-driven approach and deep industry expertise to help clients optimize their capital structures and achieve long-term value creation [1] Strategic Partnerships - The ABS transaction leverages a previously announced strategic partnership between Diversified and The Carlyle Group, enhancing the financing's credibility and potential impact [1] - This partnership is expected to strengthen Diversified's capital structure and provide long-term, low-cost funding aligned with the high-quality asset profile of Canvas Energy [1]

Response to MSCI Index MatterStrategy is not a fund, not a trust, and not a holding company. We’re a publicly traded operating company with a $500 million software business and a unique treasury strategy that uses Bitcoin as productive capital.This year alone, we’ve completed five public offerings of digital credit securities— $STRK, $STRF, $STRD, $STRC, and $STRE —representing over $7.7 billion in notional value. We also launched Stretch ($STRC), a revolutionary Bitcoin-backed treasury credit instrument th ...

Core Viewpoint - Herzfeld Credit Income Fund, Inc. has declared a year-end distribution to stockholders and is transitioning its investment strategy to focus on structured credit opportunities [1][10] Year-End Distribution - The estimated total distribution amount is approximately $11,031,035, characterized as long-term capital gains [3] - The distribution will be paid at an estimated rate of $0.6867 per share, with stockholders having the option to receive cash or shares [3][4] - Cash distribution will be limited to 20% of the total distribution, while approximately 80% will be in shares [3][4] - The distribution schedule includes declaration, ex-date, record date, and payment date [3][5] Distribution Policy and Strategy Transition - The Fund is transitioning its holdings to a new strategy, focusing on collateralized loan obligation (CLO) equity, debt, and structured credit [10] - The Fund expects these investments to generate current income starting in 2026 [10] - Effective January 2026, the Fund will implement a monthly distribution policy for net investment income [11] - The Fund will also make at least annual distributions of net capital gains or retain gains for tax purposes [12] Net Asset Value Calculation - The Fund will provide a monthly calculation of its Net Asset Value (NAV), moving away from daily calculations to reduce costs [13]

Core Viewpoint - Aldermore has appointed Oli Watts as the Commercial Director of Structured Finance to enhance its offerings for small and medium-sized enterprises (SMEs) through structured funding solutions [1][4]. Group 1: Appointment Details - Oli Watts has over 25 years of experience in the financial sector and previously held the position of Managing Director of Asset Based Finance UK at ABN AMRO [3]. - His career includes significant roles at RBS Invoice Finance, NatWest Commercial and Corporate Banking, focusing on finance, leadership, client management, and business development [3]. Group 2: Strategic Focus - In his new role, Watts will oversee Aldermore's expansion into structured funding, particularly emphasizing asset-backed transactions for SMEs [1][4]. - The appointment is expected to strengthen Aldermore's capability to provide tailored, end-to-end funding solutions that support the growth of SMEs [4]. Group 3: Market Context - Watts highlighted the need for more flexible and sophisticated funding solutions for UK businesses, indicating that Aldermore's customer service approach will cater to the complex needs of mid-market SMEs [5].

Core Viewpoint - Volta Finance Limited has announced the purchase of 3,307 ordinary shares at an average price of €6.18 per share as part of the payment of directors' fees for the quarter ended 30 April 2025 [1][5]. Summary by Sections Director Transactions - Each director receives 30% of their fees in shares, which must be retained for at least one year [2]. - Specific transactions include: - Dagmar Kershaw acquired 1,018 shares, totaling 34,903 shares (0.09% of issued shares) [4]. - Stephen Le Page acquired 712 shares, totaling 52,707 shares (0.14% of issued shares) [4]. - Yedau Ogoundele acquired 712 shares, totaling 9,007 shares (0.02% of issued shares) [4]. - Joanne Peacegood acquired 865 shares, totaling 6,110 shares (0.01% of issued shares) [4]. Transaction Details - The total volume of shares purchased was 3,307 at a price of €6.18 per share [5]. - The transaction took place on 2 May 2025 on the London Stock Exchange [5]. Company Overview - Volta Finance Limited is incorporated in Guernsey and listed on Euronext Amsterdam and the London Stock Exchange [6][7]. - The company aims to preserve capital and provide stable income through dividends, primarily investing in CLOs and similar asset classes [8].