The Motley Fool

JUNE 29, 2024

But Hess is in a partnership with Exxon on a big capital investment in the oil space. Another problem here is that figuring out who's right could lead to material delays and might require some legal wrangling, which would be costly. Notably, Exxon's debt-to-equity ratio is roughly 0.2

Investing 100

Investing Debt Leveraging Legal 100

The Motley Fool

AUGUST 7, 2024

To provide an update on our continued efforts to pay down debt, reduce our leverage, enhance long-term value for our shareholders, and discuss our financial guidance and outlook for the second half of 2024 and the full year. In the immediate term, we will continue to focus on paying down debt and reducing our leverage.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Legal Shareholders 130

The Motley Fool

MAY 30, 2024

Collectively, these actions reduced Canopy's debt by over $700 million in fiscal 2024, which brings our total debt reduction to over $1.1 Further, subsequent to the end of fiscal '24, we have also estimated or eliminated a $100 million short-term debt obligation and extended the maturity of a convertible note by five years.

Debt 130

Debt Legal Assets Depreciation 130

Private Equity Wire

NOVEMBER 28, 2023

Wheeler and Yin have substantial experience advising international private credit funds and direct lenders, commercial and investment banks, private equity sponsors, and corporate borrowers on a variety of complex UK, European, and global cross-border debt financing matters, with a particular focus on private credit transactions.

Legal 75

Legal Liabilities Finance Financing 75

The Motley Fool

FEBRUARY 8, 2024

Fourth, recall that we have also one of the strongest balance sheets of any Canadian LP and our global cannabis business will be debt free later this month. We are supportive of the legislative process that is moving toward the de-scheduling of medical cannabis and the potential wider legalization of adult use cannabis.

Legal 130

Legal Leveraging Capital Shareholders 130

The Motley Fool

APRIL 10, 2024

And with our disciplined approach to capital investment and focus on free cash flow, Delta is exceptionally well positioned to further strengthen our balance sheet and deliver significant shareholder value. billion in profit sharing to our employees and investing $1.1 Debt reduction remains a top priority. That's helpful.

Legal 130

Legal Banks Debt Leveraging 130

The Motley Fool

AUGUST 9, 2024

We are also excited about the follow-on investments we made to finance strategic acquisitions by two of our high-performing lower middle market portfolio companies. Each of which were funded by follow-on debt investments by Main Street for a total of over $36 million of incremental debt investments in these portfolio companies.

Capital 130

Capital Asset Management Securities and Exchange Commission (SEC) Debt 130

The Motley Fool

AUGUST 9, 2024

Sarah is a lawyer by training and has more than two decades of legal, human resources, and operational experience. How much of that difference is related to taxes, transaction fees versus construction debt repayment? You know, primarily, this is all going to debt repayment. Nelson Ng -- RBC Capital Markets -- Analyst OK.

Debt 130

Debt Capital Assets Shareholders 130

The Motley Fool

AUGUST 7, 2024

We take great pride in Aurora being the global medical cannabis leader within nationally legal markets. This enables us to capitalize on rapidly evolving opportunities in countries around the world. And finally, we held about $182 million in cash on our balance sheet and had no cannabis debt. million in nonrecourse debt.

Debt 130

Debt Capital Financing Finance 130

The Motley Fool

FEBRUARY 14, 2024

Some of that capital allocation will have timing components to it with increasing flexibility and optionality over time. That would include the obvious return to shareholder options and debt reduction, as well as acquisition or internal investment options. Capital expenditure for the year was 3.1%

Taxes 130

Taxes Capital Debt Legal 130

The Motley Fool

JUNE 6, 2024

Today, we consider ourselves to be in a strong financial position having recently reduced our net debt position, rightsized the balance sheet through our ongoing strategic shift toward an asset-lighter business model, and increased our cash flow projections from Harvest at Limoneira. Long-term debt as of April 30, 2024, was $59.5

Debt 100

Debt Capital Shareholders Assets 100

The Motley Fool

NOVEMBER 8, 2024

federal legalization. In Germany, our medical cannabis revenue surged by 47% from the first to second quarter, demonstrating the rapidly rising demand in Germany's medical market since legalization and Canopy's positioning as one of the long-term players within that market. In Poland, our revenues grew 200% year over year.

Legal 130

Legal Capital Leveraging Portfolios 130

The Motley Fool

APRIL 25, 2024

Net debt was $327 million. With this update, we are also revising our target capital structure to approximately $800 million of cash and $800 million of debt, together amounting to zero net debt. One, we were upgraded by S&P and two, we are targeting net zero in terms of our net debt. Doug, thank you.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Debt Taxes Capital 130

The Motley Fool

MARCH 8, 2024

Year to date, we've made capital investments of 15.5 That depreciation and amortization expense represents 57% of capital invested. And as we continue to replace our aged infrastructure, we expect that ratio of depreciation, as a percentage of capital investment, to increase. million for the same period.

Depreciation 130

Depreciation Amortization Assets Capital 130

Clearlake Capital Group

SEPTEMBER 13, 2023

Advisors Kirkland & Ellis LLP and Simpson Thacher & Bartlett LLP served as legal advisor, Moelis & Company LLC served as investment banker, Alvarez & Marsal served as financial advisor, and C Street Advisory Group served as strategy and communications advisor to LEARFIELD. Founded in 1998, Fortress manages $44.7

Companies 45

Companies Legal Investing Buyout 45

The Motley Fool

FEBRUARY 1, 2024

billion in capital investment expected to be completed this year. We have considerable amount of growth capital underway. Capital investments for the year of 2023 were $3.3 billion of organic growth capital projects, 100 million in asset acquisitions, and 413 million of sustaining capital expenditures.

Capital 130

Capital Debt Assets Banks 130

The Motley Fool

JULY 27, 2023

The impact of the previously disclosed legal settlement and restructuring and other charges. Corporate expense was $154 million excluding a non-recurring legal settlement charge, totaling $127 million corporate expense was $27 million. Net debt was $844 million. Alf Melin -- Chief Financial Officer Thanks, Doug.

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Legal Shareholders Capital 100

The Motley Fool

OCTOBER 23, 2024

Our business strategy is predicated on investing in high-quality assets that also has scale. We've designed our capital investment programs to ensure that we will continue to be the market leader in the years ahead. And our goal is actually to follow what we've always said, which is raise some cost-efficient debt capital.

Assets 130

Assets Capital Legal Financing 130

The Motley Fool

APRIL 30, 2024

Our guidance assumes, among other things, that we don't conclude any additional business acquisitions, restructurings or legal settlements. We remain focused on driving efficiencies across the business, which enables us to invest to support the strong growth we're seeing in AWS, including generative AI, which brings us to capital investments.

Leveraging 245

Leveraging Capital Banks New York Stock Exchange 245

The Motley Fool

SEPTEMBER 12, 2024

The debt covenants have been uplifted to 3.5 Very pleasingly, and I've highlighted it in dark black, is that our net debt to adjust the EBITDA is currently at 1.43 Pleasingly, and as I've said, without the gold prepay, our net debt to adjust at EBITDA as of 30th June comes out at 1.43 Our gross debt of ZAR34.2

Debt 130

Debt Capital Leveraging Assets 130

The Motley Fool

FEBRUARY 22, 2024

At closing, Stonepeak will make a cash payment to Dominion to reimburse 50% of the capital spent to date, less $145 million. This nearly $3 billion project cost reimbursement will be used to reduce parent-level debt. Further, the transaction is expected to improve our estimated 2024 consolidated FFO to debt by approximately 1%.

Taxes 130

Taxes Assets Accounting Shareholders 130

The Motley Fool

NOVEMBER 9, 2023

Following this repayment, Aurora's only remaining debt will be approximately 40 million of non-recourse financing at Bevo. This healthy balance sheet is going to allow us to play offense going forward without the weight of a heavy debt load. And I'll also highlight our progress in cleaning out debt.

Leveraging 100

Leveraging Debt Capital Assets 100

The Motley Fool

OCTOBER 11, 2024

Meade -- General Counsel and Chief Legal Officer Good morning, everyone. Nonoperating results for the quarter included $108 million of net investment gains, driven primarily by gains linked to a minority investment and unhedged seed capital investments. Kapito, and General Counsel Christopher J. Christopher J.

Assets 130

Assets Leveraging Mergers and Acquisitions Mutual Funds 130

The Motley Fool

NOVEMBER 5, 2024

Our strong balance sheet underscored by A3 A- credit ratings and deep access to capital globally continue to represent significant competitive advantages, fueling the opportunity to grow earnings through multiple channels. Our leverage, as measured by net debt to annualized pro forma adjusted EBITDA was a healthy 5.4 Jonathan W.

Capital 130

Capital Assets Leveraging Funds 130

The Motley Fool

NOVEMBER 1, 2024

Our balance sheet remains one of the strongest in the industry, ending the quarter with a net debt ratio under 12%. Working capital decreased by $1.4 The synergies presumably are not related to Guyana, why not go ahead and close the deal if you're so confident in your legal position? We've got AA credit and below 12% net debt.

Assets 130

Assets Shareholders Mergers and Acquisitions Debt 130

The Motley Fool

MARCH 26, 2024

Regarding China, facility construction is underway and capital investment for the assembly lines and other equipment is in progress. million in net debt payments. This includes leveraging our local partner to deliver components and systems into this market, which is one of the fastest-growing markets in the world.

Capital 130

Capital Leveraging Legal Debt 130

H.I.G. Growth Partners

JULY 19, 2022

Growth Partners (“H.I.G.”), the dedicated growth capital investment affiliate of H.I.G. Capital, is pleased to announce the sale of its portfolio company, Fidelity Payment Services (“Fidelity” or the “Company”), a provider of fully-integrated omni-channel payment processing technology, to PSG. in connection with the transaction.

Education 40

Education Legal Capital Capital Investments 40

The Motley Fool

MAY 2, 2024

During the review, we announced transactions that represent approximately $21 billion of debt reduction. With the closings of the Cove Point and East Ohio Gas sales and completion of the DEV fuel securitization, we've now achieved 53% of the targeted debt reduction, representing over $11 billion. Turning to financing on Slide 6.

Financing 130

Financing Finance Capital Shareholders 130

The Motley Fool

JULY 25, 2024

Rob Lister, chief legal officer, is also joining us today. Our capital position remains very strong with $91 million in cash and $287 million of debt excluding deferred financing costs, reflecting a sequential reduction in net debt of $25 million. Today's conference call is being webcast in its entirety on our website.

Taxes 130

Taxes Capital Shareholders Financing 130

Hellman & Friedman LLC

APRIL 11, 2022

LLC and Guggenheim Securities LLC are serving as financial advisors to IRI, and Kirkland & Ellis LLP is serving as legal counsel. Jefferies Group LLC is serving as exclusive financial advisor to NPD and H&F, and Simpson Thacher & Bartlett LLP is serving as legal counsel.

Private Equity Firms 40

Private Equity Firms Private Equity Firms Legal Enterprise Values 40

The Motley Fool

JUNE 5, 2024

Many of these stores had been underinvested in for years and the capital investment required to fix them could not deliver an acceptable rate of return. million reversal of a legal accrual. Q1 last year excluded a $30 million legal accrual. With cash and cash equivalents of $618 million and long-term debt of $3.4

Depreciation 130

Depreciation Legal Portfolios Banks 130

The Motley Fool

JANUARY 30, 2024

During the quarter, we completed our inaugural investment-grade public senior notes offering by issuing long five-year bonds. This brings our mix of variable to fixed rate debt to 68% fixed and 32% variable. This impacts our dealer floor planning, finance interest costs, as well as debt costs. We repurchased 1.6

Liabilities 130

Liabilities Financing Finance Capital 130

The Motley Fool

AUGUST 3, 2023

Most of our investments in the loyalty program have been around technology enablement for our MGM Rewards members so that they can make their reservations online, they can check-in through mobile check-in, etc., The capital investment requirement is fairly modest. And it's an increasingly important part of the business.

Banks 245

Banks Capital Leveraging Shareholders 245

Pension Pulse

SEPTEMBER 17, 2024

CDPQ has been a long-term partner to AES and this transaction marks another strong step forward for AES Ohio, enabling the increased capital investments needed to support our customers’ growing needs,” Andrés Gluski, AES president and chief executive, said in a statemen t. AES Ohio plans to invest more than $1.5

Securities and Exchange Commission (SEC) 59

Securities and Exchange Commission (SEC) Stakes Investing Pension Funds 59

The Motley Fool

FEBRUARY 27, 2024

We have one of the strongest and most experienced teams of real estate professionals in the cannabis industry, a high-quality portfolio and a conservative and flexible balance sheet with a 12% debt to total gross assets. No variable rate debt, no debt maturities until May 2026. Moving on to rent collection.

Taxes 100

Taxes Assets Capital Debt 100

The Motley Fool

MAY 2, 2024

This customer awarded Iron Mountain a contract to manage documents that must be retained while legal proceedings are ongoing. And then, of course, the strong growth we're getting in EBITDA gives us plenty of debt capacity to continue to fund that growth. A recent example of this is in the U.K., AFFO was $324 million or $1.10

Assets 130

Assets Capital Banks Leveraging 130

The Motley Fool

AUGUST 3, 2023

The increased spending is reflective of higher sales compensation costs, driven by volume, competitive rep conversions, and higher G&A costs, driven by increased legal expenses, as well as bad debt expense. The effective income tax rate for the second quarter was 22.7%, essentially in line with the 22.6%

Securities and Exchange Commission (SEC) 100

Securities and Exchange Commission (SEC) Capital Shareholders Portfolios 100