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Recent Articles

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US homebuilders and developers experienced tightening credit conditions in Q1; net easing index on NAHB survey fell to -2.3 from 9.7 in Q4 while Fed Index fell to -4.7 from 10.3, first time both measures show tightening credit conditions since mid-2020

Walgreens raises US$900M from sale of about 6 million shares in pharmaceutical products provider AmerisourceBergen, reducing stake to 25.2% from 28.1%; proceeds will be used to cut debt, support strategic priorities

SWM CEO expects 4x leverage after merger but sees US$450M EBITDA enabling debt reduction, CapEx, dividend payouts; Neenah CEO points to filtration, protective films, release liners, healthcare/sustainable packaging as ‘high growth’ areas to focus on

Valencian Finance Institute approves €2.32M subsidized loan for Spain-based paper packaging group Grupo Hinojosa; loans will be used for investments in equipment or staff expansion, working capital or credit amortization

AZEK enters into new term loan credit agreement, which will mature in April 2029

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