Today's Free Feature
Emerging Growth StocksArgan (AGX) added to GROWX rankings; power grid is under increasing strain
Argan (AGX) is a new member of our GROWX rankings this week. Argan provides construction services to the power industry. Argan says this is truly an exciting time for the company. The power grid is under increasing strain. Rapid growth in AI and data centers, electrification of everything, the need to replace aging power facilities and years of underinvestment in power infrastructure are driving urgent demand for ...
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Updated: 04-Sep-25
| 08:00 | GECC Great Elm Capital commences underwritten public offering of unsecured notes due 2030 (11.25 ) |
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The Company expects to use all or a portion of the net proceeds of this offering to redeem all of its outstanding 8.75% notes due 2028 and the remainder of the proceeds, if any, may be used (i) to redeem or repurchase all or a portion of its outstanding 5.875% notes due 2026; (ii) to repurchase all or a portion of its outstanding 8.50% notes due 2029; (iii) to repurchase all or a portion of its outstanding 8.125% notes due 2029; (iv) to repay all or a portion of any borrowings outstanding under its revolving credit facility or (v) for general corporate purposes, including making investments consistent with its investment objectives. |
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