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On Oct. 21, 2015, $WYN closed a series of term notes payable, Sierra Timeshare 2015-3 Receivables Funding, LLC, with an initial principal amount of $300MM, which are secured by vacation ownership contract receivables and bear interest at a weighted average coupon rate of 2.69%. The advance rate for this transaction was 89%.
$WBA is yet to receive US anti-trust clearance for its Rite Aid acquisition. The deadline for the deal expires on January 27.
$BMY plunge 7.2%. No credits to the non-acceleration of approval for lung cancer combination treatment.
Well this is big! I don’t know if it’s someone’s monopoly or genuine excitement, but either way, $CSX is up 23% after market closed. I heard some activist investor is going to blow big money into CSX Corp. Anyone mind explaining?