Corporate Finance

Alfa Laval Refinances Revolver With EUR 1 Billion Credit Facility

LUND, Sweden – October 30, 2026 -- Alfa Laval has refinanced its Revolving Credit Facility with a new EUR 1 billion facility carrying an initial maturity of five years.

Facility includes EUR 200 million accordion and two-year extension options

The agreement adds an accordion feature of up to EUR 200 million. Extension options of up to two years can lengthen the initial five-year tenor.

BNP Paribas and SEB coordinate syndication backed by eight relationship banks

BNP Paribas and SEB acted as Joint Coordinators. The syndication drew on eight of Alfa Laval's relationship banks: Bank of America, Danske Bank, Crédit Agricole CIB, Handelsbanken, HSBC, ING, Nordea Bank and Standard Chartered.

Solidion Rejects Raising Bid After Polar Power Board Turns Down Cash Offer

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Solidion Rejects Raising Bid After Polar Power Board Turns Down Cash Offer

Dallas – October 29, 2026 -- Solidion Technology, Inc. (NASDAQ: STI) said it will not raise its all-cash offer to acquire substantially all assets of Polar Power, Inc. (NASDAQ: POLA) after Polar's board rejected the proposal, calling the target company "severely distressed."

Solidion cites Polar's reliance on dilutive financing to justify its valuation

Polar Power established a committed equity facility on October 29, 2026 permitting the sale of up to $25 million in common stock to fund working capital. The company also raised capital through convertible notes issued August 26 that convert at the lower of 80% of the five-day volume-weighted average price or $1.00 per share if not repaid at maturity, terms Solidion said come at the expense of existing shareholders.

TORM Issues 61,105 New Shares Via RSU Exercise, Raises Capital

Hellerup – October 07, 2026 -- TORM plc has increased its share capital by USD 611.05 through the issuance of 61,105 new Class A shares following the exercise of Restricted Share Units under its employee incentive program.

TORM issues 61,105 new shares at two distinct price points

Of the newly issued shares, 57,772 Class A shares were subscribed for in cash at DKK 179.80 per share, while the remaining 3,333 Class A shares were subscribed for at DKK 124.20 per share. The shares were issued without pre-emption rights for existing shareholders.

Total share capital now exceeds USD 1 million across 102.7 million shares

Following the transaction, TORM's total share capital stands at USD 1,027,118.82, divided into 102,711,882 Class A shares with a nominal value of USD 0.01 each. Each share carries one vote.

SciBase Recalculates TO 2 Warrant Terms After September Rights Issue

Stockholm – October 07, 2026 -- SciBase Holding AB has recalculated the terms of its series TO 2 warrants following a rights issue of shares resolved by its board on September 3, 2026, cutting the subscription ratio to 0.01 shares per warrant.

Subscription price drops to SEK 37.47 per share under new warrant terms

Each TO 2 warrant now entitles the holder to subscribe for 0.01 new shares at SEK 37.47 per share, down from the original terms set when the instrument was issued alongside SciBase's April 2024 capital raise. The adjustment follows contractual provisions requiring recalculation of warrant terms whenever the company conducts a subsequent rights issue.

SciBase Issues 60,000 Shares to Settle SEK 0.9M Guarantor Fee

Stockholm – October 07, 2026 -- SciBase Holding AB has resolved on a set-off share issue of 60,000 new shares to Bergs Securities AB, settling part of the guarantee compensation owed for underwriting the company's recently completed rights issue.

Board approves compensation shares at SEK 15 apiece

The Board of Directors resolved on the Compensation Issue on October 7, 2026, under authorization granted at the Annual General Meeting on May 19, 2026. The subscription price of SEK 15 per share matches the price set in the underlying rights issue. Payment was made entirely through set-off against SEK 0.9 million of Bergs Securities' claim for guarantee compensation, and all 60,000 shares have been subscribed for and allotted.

symplr Secures $280M Refinancing, Extends Debt Maturities to 2031

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symplr Secures $280M Refinancing, Extends Debt Maturities to 2031

Houston – October 07, 2026 -- symplr has secured commitment letters for a refinancing package that delivers approximately $280 million in new capital and pushes out key debt maturities, with the transaction expected to close by the end of October.

Refinancing pushes first-lien debt maturity to December 2030

The deal extends the maturity of symplr's first-lien term loan and revolving credit facility to December 2030, while its second-lien term loans will now mature in June 2031. The enterprise healthcare operations software provider said the extended timeline reduces near-term cash interest requirements and strengthens liquidity.

Zillow Group to Report Q3 2026 Earnings on Nov. 4

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Zillow Group to Report Q3 2026 Earnings on Nov. 4

Seattle – October 07, 2026 -- Zillow Group, Inc. (Nasdaq: Z and ZG) will release its third-quarter 2026 financial results after market close on Wednesday, Nov. 4, 2026.

Zillow Group schedules Q3 earnings call for Nov. 4 at 2 p.m. PT

The company will host a webcast and conference call at 2 p.m. PT / 5 p.m. ET the same day to discuss results with analysts and investors.

Details on the webcast, including a live link and recorded replay, will be posted on Zillow Group's Investor Relations website ahead of the event. Investors can register in advance for the live session.

Ericsson Buys Back Shares, Treasury Stock Hits 117.9 Million

Stockholm – October 05, 2026 -- Telefonaktiebolaget LM Ericsson repurchased additional Class B shares between September 28 and October 2, 2026, lifting its treasury stock holding to 117,888,663 Class B shares.

Ericsson executes buybacks under a SEK 15 billion repurchase program

The transactions form part of a share buyback program of up to SEK 15,000,000,000 that Ericsson announced on April 16, 2026. The program runs from April 23, 2026, through March 31, 2027, at the latest.

Goldman Sachs handles trades on Nasdaq Stockholm

All acquisitions during the period were carried out on Nasdaq Stockholm by Goldman Sachs Bank Europe SE on Ericsson's behalf. The repurchases were executed under EU Regulation No 596/2014 on market abuse (MAR) and the related Safe Harbour Regulation of March 8, 2016.

Allison Transmission Redeems $100 Million of 2027 Senior Notes

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Allison Transmission Redeems $100 Million of 2027 Senior Notes

Indianapolis – October 03, 2026 -- Allison Transmission Holdings, Inc. (NYSE: ALSN) completed a partial redemption of $100 million aggregate principal amount of its 4.750% Senior Notes due 2027 on October 03, 2026.

Allison exercises optional redemption right under 2017 indenture

The redemption was carried out pursuant to Allison's optional redemption right under the indenture governing the notes, dated October 03, 2026. Notes were redeemed at a price of 100.00% of principal amount plus accrued and unpaid interest up to, but not including, the redemption date.

$300 million of notes remain outstanding after paydown

Following completion of the partial redemption, $300 million aggregate principal amount of the 4.750% Senior Notes due 2027 remain outstanding. The move reduces Allison's near-term debt load tied to the 2027 maturity.

Valmet to Pay EUR 0.67 Second Dividend Instalment on Oct 7

Espoo – September 29, 2026 -- Valmet Oyj's Board of Directors has confirmed that the second instalment of its 2025 dividend, EUR 0.67 per share, will be paid on October 7, 2026.

Shareholders on record October 1 qualify for payout

The dividend will go to shareholders registered in Valmet's shareholders' register held by Euroclear Finland Oy on the record date of October 1, 2026.

Total 2025 dividend reaches EUR 1.35 per share in two tranches

Valmet's Annual General Meeting in 2026 approved a total dividend of EUR 1.35 per share for the 2025 financial year, split into two instalments. The first tranche of EUR 0.68 per share was paid on April 9, 2026.

Payout ratio hits 89%, well above policy floor

Valmet's dividend policy commits to distributing at least 50% of the period's profit as dividend. The 2025 payout ratio stands at 89%, substantially exceeding that minimum threshold.