Group 1 - Whitestone REIT has amended, expanded, and extended its credit facility [1] - The new facility includes a $215 million increase in size [1] - The facility features lower interest rates and extended maturities [1]

Core Viewpoint - LendingTree, Inc. has successfully closed a $475 million credit facility, which includes a $400 million five-year Term Loan B and a $75 million revolving credit facility, enhancing its financial structure and operational flexibility [1][2][3] Financing Details - The new financing replaces the existing Term Loan B due 2028 and the loan agreement with Apollo, providing significant benefits to the company's capital structure [1][2] - The facility is led by Bank of America and Truist Securities, offering a simplified and cost-efficient debt profile [2] - Key terms include interest rates of SOFR + 450 basis points for the term loan and SOFR + 350 basis points for the revolver, with a potential 25-basis point reduction upon achieving a B2 rating from Moody's [6] Strategic Implications - The refinancing is viewed as a strategic move to strengthen the balance sheet, allowing the company to pursue growth opportunities and enhance long-term shareholder value [3] - The new facility reduces restrictive covenants, including the removal of minimum cash and AEBITDA requirements, and restores the ability to repurchase shares and make strategic investments [6] - The proceeds will be used for refinancing existing debt and general corporate purposes, enhancing liquidity and operational flexibility [6]

Core Viewpoint - OR Royalties Inc. has successfully amended its revolving credit facility, increasing its total availability to $850 million and converting it to a U.S. dollar denominated facility, reflecting confidence in its long-term growth prospects [1][2][4]. Credit Facility Details - The amended Credit Facility provides access to $650 million with an additional uncommitted accordion of up to $200 million, totaling $850 million, compared to the previous maximum of C$550 million [2]. - Advances under the amended Credit Facility will incur interest at the Secured Overnight Financing Rate (SOFR) or Canadian Overnight Repo Rate Average (CORRA) plus 1.45% to 2.75% per annum, based on the Company's leverage ratio, consistent with the previous agreement [3]. - The Credit Facility has a term of four years, maturing on May 30, 2029 [3]. Management Commentary - The President & CEO of OR Royalties emphasized that the expansion of the Credit Facility highlights the strength of the asset portfolio and positions the company well for strategic growth opportunities [4]. - The company has achieved a positive net cash position due to robust operating cash flows and disciplined capital allocation, reinforcing its financial foundation [4]. Acquisition Update - OR Royalties holds 4,000,000 shares of MAC Copper, valued at $49.0 million under a binding acquisition agreement with Harmony Gold Mining Company, expected to strengthen OR Royalties' balance sheet upon closing [5]. Company Overview - OR Royalties Inc. is an intermediate precious metal royalty company with a North American portfolio of over 195 royalties, streams, and precious metal offtakes, including 21 producing assets, anchored by a significant net smelter return royalty on the Canadian Malartic Complex [6].

Group 1 - DBM Global Inc. has entered into an amended and restated credit agreement providing for an $85 million term loan and a $135 million revolving credit facility, aimed at repaying existing debt and enhancing working capital capacity [1][2] - The total amount of the Credit Facility is $220 million, maturing on May 20, 2030, with an accordion feature allowing an increase of up to $50 million [2] - The CEO of DBMG expressed enthusiasm about the relationship with banking partners and highlighted the liquidity support for the company's working capital needs [3] Group 2 - DBM Global Inc. focuses on delivering sustainable value through a collaborative portfolio of companies, offering integrated steel construction services and professional services across various market segments [4] - The company operates in multiple countries, including the United States, Australia, Canada, India, New Zealand, the Philippines, and the United Kingdom [4]

Core Points - PennantPark Floating Rate Capital Ltd. amended its credit facility agreement, reducing pricing to SOFR plus 200 basis points from SOFR plus 225 basis points, extending the reinvestment period to August 2028, and extending the maturity date to August 2030 [1][2] - The maximum first lien advance rate increased to 72.5% from 70.0%, while commitments decreased from $736 million to $718 million [1] Company Overview - PennantPark Floating Rate Capital Ltd. is a business development company that primarily invests in U.S. middle-market private companies through floating rate senior secured loans, including first lien secured debt, second lien secured debt, and subordinated debt [4] - The company is managed by PennantPark Investment Advisers, LLC, which manages approximately $10 billion of investible capital and offers a range of financing solutions to middle-market borrowers [5]