Uniti Group has finalized a private offering of secured fiber network revenue term notes totaling $1,140,710,000, marking its second securitization in recent months. The transaction, executed as part of the company’s capital strategy, includes multiple tranches with varying yields and is backed by Uniti’s …
American Water Works Company, Inc. (NYSE: AWK) announced that the Pennsylvania Public Utility Commission has granted a revenue increase for its subsidiary, Pennsylvania American Water. The decision authorizes additional funds to replace aging pipes, expand treatment, and continue the removal of lead service lines. …
Cogeco’s latest quarterly results reveal a stark contrast between cash generation and earnings performance. The company produced $169 million in free cash flow during the third quarter, pushing total cash generated to $450 million for the year to date. At the same time, a …
Verizon disclosed a plan to close a selection of its retail outlets while reducing its corporate workforce. The announcement coincided with an upward movement in the company’s share price during the same trading session. With a market valuation that places the firm among the …
- IPALCO’s board will hold an upcoming review to assess the impact of its newly appointed controller. - The appointment is intended to enhance financial oversight and operational control within the company. - Investor attention will focus on how the review’s findings influence strategic …
Tennessee Valley Authority has secured a $1 billion credit line that will stay available for the foreseeable future, bolstering its liquidity position as the federal utility navigates stable demand and interest‑rate uncertainty. The restated credit agreement replaces an earlier facility of the same size, …
Dayton Power & Light has announced a leadership transition within its finance team, naming a new Controller to oversee accounting functions. The change, effective in mid-2026, follows a decision by the company’s leadership to adjust financial oversight responsibilities. Sherry Kohan, who previously managed both …
AMREP Corp (NYSE: AXR) filed a regulatory update detailing new compensation awards for its senior leaders. The announcement outlines cash awards, equity grants, and base‑salary adjustments approved by the board.
Bion Environmental Technologies (OTC: BNET) has resolved a prolonged contractor dispute through a financial settlement, issuing a convertible promissory note to address outstanding obligations. The agreement eliminates legal uncertainties tied to its ammonia recovery initiative, enabling the company to prioritize project execution.
Tata Power’s intention to obtain a $450 million loan has attracted attention across the power industry, highlighting a focus on securing capital for offshore activities. By pledging equity stakes in its overseas subsidiaries, the company seeks to tap international funding sources while supporting expansion …