GBA's "2021 Stock Phantasma"

Evoqua Water Technologies launches credit facilities refinancing- confusing but I think good news?-Van?
Apr. 07, 2021 11:17 AM ETEvoqua Water Technologies Corp. (AQUA)Evoqua Water Technologies(AQUA-1.6%) announced the refinancing of the company's credit facilities on Apr. 1, 2021.
  • Wholly-owned subsidiaries of the company entered into a credit agreement, which provides for a $475M term loan maturing on Apr. 1, 2028 and a revolving credit facility of up to $350M maturing on Apr. 1, 2026, and a receivables financing agreement, which provides for a receivables finance facility of up to $150M maturing on Apr. 1, 2024.
  • Net proceeds along with cash on hand will be used to repay all outstanding indebtedness under the company's earlier credit facilities, in principal amount of ~$815M.
  • The reduction of ~$340M to the first lien term loan outstanding under the previous credit facilities was funded by draws on the new revolving credit facility, the new receivables finance facility and $100M of cash on hand.
  • Besides extending maturities, Evoqua reduced the weighted average cash borrowing cost by ~0.50% from Dec.31, 2020 level.
 
stonedinvestor said:
Evoqua Water Technologies launches credit facilities refinancing- confusing but I think good news?-Van?
Apr. 07, 2021 11:17 AM ETEvoqua Water Technologies Corp. (AQUA)Evoqua Water Technologies(AQUA-1.6%) announced the refinancing of the company's credit facilities on Apr. 1, 2021.
  • Wholly-owned subsidiaries of the company entered into a credit agreement, which provides for a $475M term loan maturing on Apr. 1, 2028 and a revolving credit facility of up to $350M maturing on Apr. 1, 2026, and a receivables financing agreement, which provides for a receivables finance facility of up to $150M maturing on Apr. 1, 2024.
  • Net proceeds along with cash on hand will be used to repay all outstanding indebtedness under the company's earlier credit facilities, in principal amount of ~$815M.
  • The reduction of ~$340M to the first lien term loan outstanding under the previous credit facilities was funded by draws on the new revolving credit facility, the new receivables finance facility and $100M of cash on hand.
  • Besides extending maturities, Evoqua reduced the weighted average cash borrowing cost by ~0.50% from Dec.31, 2020 level.
More...
I think its good.
 
Bitcoin a Chinese weapon against U.S.,suggests Peter Thiel
Apr. 07, 2021 10:53 PM ETBitcoin USD (BTC-USD)
  • An unabashed Bitcoin (BTC-USD) fan, Peter Thiel mullswhether the Chinese might be accumulating the popular crypto as a possible financial weapon against the U.S. and the dollar(USDOLLAR).
  • "[Bitcion] threatens fiat money, but it especially threatens the U.S. dollar," says Thiel. "[If] China is long Bitcoin, perhaps from a geopolitical perspective, the U.S. should be asking some tougher questions about exactly how that works."
  • More: "Even though I'm a pro-crypto, pro-Bitcoin maximalist person, I do wonder whether if at this point Bitcoin should also be thought of in part as a Chinese financial weapon against the U.S."
 
Amyris launches primary and secondary stock offering
Apr. 08, 2021 2:13 AM ETAmyris, Inc. (AMRS)
  • Amyris(NASDAQ:AMRS)has commenced public offering of $150M of shares of its common stock, on behalf of its current stockholders,DSM International and affiliates of Vivo Capital (the selling stockholders).
  • AMRS will not receive any proceeds from sale of shares by the selling stockholders.
  • Additionally, the company intends to offer $100M of common shares to support its continued growth.
  • Underwriters' over-allotment is an additional $37.5M of shares.
  • J.P. Morgan and Cowen are acting as the joint bookrunning managers.
  • See below Amyris' ownership structure.
  • Shares down 9.3% after-hours. Yesterday's close was $16.87.
 
Trulieve Cannabis raises $198M capital via stock offering
Apr. 08, 2021 2:03 AM ETTrulieve Cannabis Corp. (TCNNF)
  • Trulieve Cannabis(OTCQX:TCNNF) has pricedp ublic offering of 5M subordinate voting shares in U.S. and Canada at C$50.00/share.
  • Expected gross proceeds are ~$198.1M.
  • Underwriters' over-allotment is an additional 750K shares.
  • Net proceeds will be primarily used to fund Trulieve's business ‎development and for general working capital purposes‎.
  • Closing date is April 12.
  • SA contributor Cornerstone Investments views Trulieve and Green Thumb as its top 2 cannabis picks due to a combination of revenue growth and strong margin in a Bullish article,Trulieve: This Top Cannabis Stock Is On Sale.
  • Trulieve is on fire with an annual growth of around 340%.YTD rise in TCNNF stock is around 38%.
 
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