Lucid Secures Saudi Loan After Q3 Loss • SM Energy Upgraded on Debt Cut • Children’s Place Files Chapter 11 | Business and Finance News
From Business News Today | 2 Min News | The Daily News Now! · 1:48
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Lucid Group secured a $1.75 billion loan commitment from Saudi Arabia’s Public Investment Fund following wider third-quarter losses, Moody’s upgraded SM Energy to Ba2 after significant debt reduction from its Civitas Resources acquisition, and The Children’s Place filed for Chapter 11 bankruptcy to pursue an asset sale by year-end. ⸻ Stories & Sources Lucid misses Wall Street’s earnings expectations, expands loan from Saudi Arabia fundhttps://findsource.ai/s/17y5c Moody’s upgrades SM Energy to Ba2 on rapid post-merger deleveraginghttps://findsource.ai/s/er2yi Children’s Place files for bankruptcy protection, seeks buyerhttps://findsource.ai/s/1hk5o ⸻ Stressful news? Relax into the sound. Soli Sound Pillow.https://solipillow.com/discount/dnn ⸻ Advertise on [email protected] AboutThis automated news briefing is based on publicly available reporting. Powered by Fastcast AI. Know more. Less time. [email protected]
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