Strava Leveraged ETF Proposals Pushed to Oct. 23 Effective Date

Themes ETF Trust moved the effective date for its proposed 2X long and 2X short Strava daily ETFs from Sept. 26 to Oct. 23, extending a registration process that began in February.

Themes ETF Trust moved the effective date for its proposed 2X long and 2X short Strava daily ETFs from Sept. 26 to Oct. 23, extending a registration process that began in February.

The package combines $140 million of additional senior debt with $350 million of new junior debt, while the train operator remains outside Chapter 11.

The 2031 notes carry no regular interest and initially convert at about $85.31 a share, with Delek planning to use part of the proceeds to repay term-loan debt.

The subsea robotics company signed a non-binding letter of intent for a private placement of up to $50 million, but the investor has no obligation to fund the proposal.

The Swedish power-infrastructure contractor priced its secondary offering at SEK 46 a share, with the base sale covering 14.3 million existing shares and bringing in more than 5,500 new shareholders.

TD SYNNEX posted $21.56 billion of fiscal third-quarter revenue, well above its prior outlook, as operating income and earnings per share also rose sharply.

LongHorn Steakhouse led same-restaurant sales growth in Darden’s fiscal first quarter, while Olive Garden posted a smaller gain and full-year earnings guidance stayed unchanged.

King Environmental Services would add fluid-management, commissioning and load-testing capabilities across EMEA as Vertiv expands support for liquid-cooled AI data centers.

The undisclosed-price acquisition adds NCSC-assured cybersecurity, Secure by Design and secure managed-service capabilities to IBM Consulting in the UK.

The UK housebuilder is cutting its operating regions from 25 to 12, shrinking its owned land bank and targeting lower leverage after exceptional charges deepened its first-half loss.