German Bunds ended Wednesday little changed amid mixed European Central Bank commentary about a potential June rate hike, confirmation of soft eurozone gross domestic product and employment growth and a sharp contraction in industrial production in Q1, said Daiwa Capital Markets.
Gilts partially reversed recent losses, despite rumors of an imminent challenge to British Prime Minister Keir Starmer's leadership, noted the bank.
Quarterhill (QTRH.TO) said Tuesday it entered into a new US$60-million senior secured credit facility with BTG Pactual's U.S. Private Credit Investments division.The financing includes a US$30 million initial term loan, a US$25 million delayed draw term loan, and a US$5 million revolving credit facility, the company said. The funds will be used to refinance existing debt, redeem convertible debentures, cover transaction costs, and provide working capital.The credit facilities mature on May 12, 2031, and are secured by certain company assets. Quarterhill also established an additional potential US$100 million accordion facility to support future growth, subject to lender agreement. "This is designed to fuel inorganic growth initiatives and allow the company to act quickly on accretive merger and acquisition opportunities as they arise," it said.The company's shares were last seen up $0.10 to $1.53 on the Toronto Stock Exchange.Price: $1.53, Change: $+0.10, Percent Change: +6.99%
3:00 Tuesday vs 3:00 Monday2yr 99-17 vs 99-20; 3.991% vs 3.943%5yr 98-28+ vs 99-04+; 4.122% vs 4.066%10yr 97-11 vs 97-24; 4.462% vs 4.408%30yr 95-22+ vs 96-11+; 5.028% vs 4.984%2/10 46.634 bps vs 46.319 bps5/30 90.431 bps vs 91.694 bps
A US appeals court on Tuesday temporarily paused a ruling by a lower court against President Donald Trump's 10% global tariff, keeping the levies in place for three importers that had won a reprieve, Reuters reported.(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)