Previous Close | 1.0000 |
Open | N/A |
Bid | 0.0000 |
Ask | 0.7500 |
Strike | 35.00 |
Expire Date | 2024-07-19 |
Day's Range | 1.0000 - 1.0000 |
Contract Range | N/A |
Volume | |
Open Interest | 10 |
Griffon, Adtalem Global, GeoPark and Virco have been highlighted in this Screen of The Week article.
NEW YORK, June 26, 2024--Griffon Corporation ("Griffon" or the "Company") (NYSE: GFF) announced today that it has completed a favorable repricing of the outstanding balance of $459 million of its Secured Term Loan B facility ("Term Loan B"), which matures in January 2029. The spread above the Secured Overnight Financing Rate ("SOFR") will be reduced by 25 basis points and the Credit Spread Adjustment ("CSA") will be removed. The repricing also reduces the applicable SOFR floor from 50 to 0 basis
Cash indicates a company's true financial health. Therefore, companies with rising cash flows like GFF, ATGE, GPRK and VIRC are worth buying.