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NEW YORK and LONDON , Dec. 11, 2024 /PRNewswire/ -- Pearl Diver Credit Company Inc. (NYSE: PDCC) (the "Company") has commenced an underwritten public offering of its Series A Preferred Stock Due 2029. Certain financial and other terms of the Series A Preferred Stock are to be determined by negotiations between the Company and the underwriters. Shares of the Series A Preferred Stock are rated 'BBB' by Egan-Jones Ratings Company, an independent rating agency. In addition, the Company plans to grant the underwriters a 30-day option to purchase additional shares of Series A Preferred Stock pursuant to the same terms and conditions. Shares of the Series A Preferred Stock are expected to be listed on the New York Stock Exchange and to trade thereon within 30 days of the original issue date under the ticker symbol "PDPA." Lucid Capital Markets, LLC ("Lucid"), B. Riley Securities, Inc. and Kingswood Capital Partners, LLC are acting as joint book-running managers and InspereX LLC and Janney Montgomery Scott LLC are acting as lead managers for the offering. The Company intends to use the proceeds from the offering to acquire investments in accordance with the investment objectives and strategies described in the prospectus supplement and for general working capital purposes. Investors should consider the Company's investment objectives, risks, charges and expenses carefully before investing. The preliminary prospectus, which has been filed with the Securities and Exchange Commission ("SEC"), contains this and other information about the Company and should be read carefully before investing. The information in the preliminary prospectus and this press release is not complete and may be changed. The preliminary prospectus and this press release are not offers to sell these securities and are not soliciting an offer to buy these securities in any state where such offer or sale is not permitted. A registration statement relating to these securities is on file with, but has not yet been declared effective by, the SEC. Copies of the preliminary prospectus (and the final prospectus, when available) may be obtained by writing to Lucid Capital Markets, LLC, 570 Lexington Avenue, New York, New York 10022, by calling Lucid toll-free at 646-362-0256 or by sending an e-mail to Lucid at prospectus@lucid.com . Copies also may be obtained on the SEC's website at www.sec.gov . Egan-Jones Ratings Company is a nationally recognized statistical rating organization (NRSRO). A security rating is not a recommendation to buy, sell or hold securities, and any such rating may be subject to revision or withdrawal at any time by the applicable rating agency. About Pearl Diver Credit Company Inc. Pearl Diver Credit Company Inc. (NYSE: PDCC) is an externally managed, non-diversified, closed-end management investment company. Its primary investment objective is to maximize its portfolio's total return, with a secondary objective of generating high current income. The Company seeks to achieve these objectives by investing primarily in equity and junior debt tranches of CLOs collateralized by portfolios of sub-investment grade, senior secured floating-rate debt issued by a large number of distinct US companies across several industry sectors. The Company is externally managed by Pearl Diver Capital LLP. For more information, visit www.pearldivercreditcompany.com . Forward-Looking Statements This press release may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Statements other than statements of historical facts included in this press release may constitute forward-looking statements and are not guarantees of future performance or results and involve a number of risks and uncertainties. Actual results may differ materially from those in the forward-looking statements as a result of a number of factors, including those described in the prospectus and the Company's other filings with the SEC. The Company undertakes no duty to update any forward-looking statement made herein. All forward-looking statements speak only as of the date of this press release. NOT FDIC INSURED • NO BANK GUARANTEE • MAY LOSE VALUE Investor Contact: Info@Pearldivercap.com UK: +44 (0)20 3967 8032 US: +1 617 872 0945 View original content to download multimedia: https://www.prnewswire.com/news-releases/pearl-diver-credit-company-inc-announces-offering-of-series-a-preferred-stock-302329464.html SOURCE Pearl Diver Credit Company Inc.
Adore Delano and Sasha Allen ’s love is filled with harmony. The RuPaul’s Drag Race star and the The Voice contestant recently took their relationship public in respective love-filled Instagram posts where they sang each other’s praises. In one mirror selfie, Sasha—who competed with his dad Jim Allen on season 21 of The Voice as members of Ariana Grande ’s team—hugged Adore from behind and kissed her on the cheek while she embraced his arm and leaned into him. In another snap, the pair held hands while lounging on the couch together, while a third featured the reality competition stars cuddling on the same couch. “You teach me things with just a look in your eyeballs,” Adore captioned her Dec. 1 Instagram post. “You’re mine - i’m yours - let’s take over the world.” The two-time Drag Race competitor—who also competed on season seven of American Idol in 2008—ended her post with a short and sweet message, adding, “i love you.” That same day, Sasha—who made history on The Voice as the first openly trans contestant to advance to the live portion of the show—shared the photos, writing in the caption of his Instagram post, ”my sweet adore, i am so lucky to love you” He also chimed in on his girlfriend’s post, writing in the comments, “my dream girl im in love with u.” Many of the pair’s fellow reality competition alums couldn’t help but gush over the heartwarming news. American Idol season seven runner-up David Archuleta commented with three heart-eyed emojis, while Adore’s Drag Race season six sister Laganja Estranja wrote, “This makes me so happy!!” And Adore’s exciting relationship status isn’t the only celebratory update she’s shared with the world as of late. Last summer, she publicly came out as a trans woman and detailed the relief and joy she felt by embracing her identity. “I’ve found that it’s been very enlightening and has made me probably the happiest I’ve ever been in my adult life,” she said in the July 2023 Instagram video. “I’m living in my world now, and it feels so empowering and it feels so good. It feels so liberating.” Read on to see other famous LGBTQ+ couples. David Burtka & Neil Patrick Harris Harris and Burtka married in 2014 in Italy and have been together for a whopping 20 years. The longtime couple share 13-year-old twins Harper and Gideon . Jessica Betts & Niecy Nash-Betts The Reno 911 actress and musician met after Betts landed a small role on Nash's TNT comedy Claws . After keeping their romance private for several years, the couple announced they were married in August 2020. They've gone on to share countless adorable date nights on the red carpet and even posed topless together for Essence , making them the first same-sex couple to grace the cover of the magazine. Sarah Paulson & Holland Taylor The actors' romantic relationship began in 2015, but they didn't go public with their romance until the following year. Now, they are award show mainstays always supporting each other in their professional endeavors. Lance Bass & Michael Turchin Bass and Turchin have been 'N SYNC since they got together in 2011. The couple wed in 2014 in Los Angeles and celebrated a decade together by welcoming twins Violet and Alexander in 2021. Georges LeBar & RuPaul This couple proves opposites really do attract. Together since the '90s, LeBar runs a Wyoming ranch while RuPaul is busy winning Emmys as the longtime host of his reality competition series RuPaul's Drag Race . The pair secretly wed in 2017. Dylan Meyer & Kristen Stewart The Oscar-nominated actress announced in 2021 that she and her screenwriter partner got engaged after two years of dating. "We're marrying, we're totally gonna do it," Stewart said on The Howard Stern Show . "I wanted to be proposed to, so I think I very distinctly carved out what I wanted and she nailed it. We're marrying, it's happening." Ellen DeGeneres & Portia de Rossi The comedian and actress met at an award show in 2004 and the rest is history. The lovebirds tied the knot in 2008. Todd Spiewak & Jim Parsons The Big Bang Theory actor and graphic designer have been together for over two decades. Parsons first went public with their relationship in 2012 and the two married five years later at the Rainbow Room in New York City. David Furnish & Elton John After first meeting in 1993, the EGOT winner and filmmaker tied the knot in 2014 after eight years in a British civil partnership. The couple of over three decades shares sons Zachary , 13, and Elijah , 11. Ben Platt & Noah Galvin The actors, who both starred in the titular role in Dear Evan Hansen on Broadway, started dating in 2020 during the coronavirus pandemic. Fast forward two years, Ben popped the question in November 2022. As he announced on Instagram at the time, "He agreed to hang out forever." Jodie Foster & Alexandra Hedison The Oscar winner and photographer have maintained a very private relationship since they wed in April 2014 after dating for almost a year. Ariana DeBose & Sue Makkoo DeBose and Makkoo both worked on Broadway's Summer: The Donna Summer Musical in 2018 with the Oscar winner playing Disco Donna and the fashion designer working as the show's costume associate. The lovebirds took their relationship public during the 2022 award season where DeBose picked up countless awards for her role in West Side Story . Amber Laign & Robin Roberts Roberts and Laign first met on a blind date in 2005 and were together for nearly two decades before marrying in 2023. Megan Rapinoe & Sue Bird These two are definitely couple goals—and we're not talking about the sports kind. The soccer star and former WNBA champ began dating in 2016 and got engaged in 2020. In 2018, Bird and Rapinoe became the first same-sex couple on the cover of ESPN's The Body Issue . 070 Shake & Lily-Rose Depp In January 2024, The Idol actress and rapper celebrated their first anniversary with Depp sharing to Instagram, "1 Kazel Kinouchi never naging kabit ni Richard: Hindi nga kami friends!
Applying to college today is incredibly public and incredibly isolatingGold price (XAU/USD) plummeted during Monday’s North American session as news from a ceasefire between Lebanon and Israel crossed the wires, exacerbating appetite for riskier assets. This, along with the nomination of Scott Bessent as the Treasury Secretary for Trump’s administration, weighed on the yellow metal. The XAU/USD trades at $2,620, down over 3%. Improvement in risk appetite is the driver of Gold’s price action. The non-yielding metal has fallen below the 50-day Simple Moving Average (SMA) of $2,664, opening the door for further downside. Market players cheered Bessent’s appointment. UBS Commodity Analyst Giovanni Staunovo commented, “Some market participants see him as less negative about a trade war, considering his comments on a phased approach for implementing tariffs.” According to Joaquin Monfort, an analyst at FX Street, Bessent advocates for the “three-threes” policy. The policy suggests he would try to reduce the US deficit by 3% of annual (GDP), achieve a 3% annual GDP rate, and raise US Crude production by 3 million bpd. A recent report revealed by Axios revealed that Israel and Lebanon are close to agreeing to terms to end the Israel-Hezbollah conflict, which lifted prices to record highs. Bullion traders are also eyeing the release of the Consumer Confidence data, the latest Federal Open Market Committee (FOMC) Meeting Minutes, Initial Jobless Claims, and the Fed’s preferred inflation gauge, the Personal Consumption Expenditures (PCE) Price Index. Daily digest market movers: Gold plummets to five-day low beneath $2,650 Technical outlook: Gold price sellers step in, pushing prices under $2,630 Gold's price rally halted on Monday as sellers pushed XAU/USD beneath the $2,700 figure, prolonging its drop below $2,630. If bears clear the latter, the next support would be $2,600. If surpassed, a move to the 100-day SMA of $2,562 is on the cards, immediately followed by the November 14 swing low of $2,536. If buyers recover the 50-day SMA, they could challenge $2,700. Once surpassed, the next stop would be $2,750, ahead of the all-time high at $2,790. Oscillators like the Relative Strength Index (RSI) have shifted bearishly, indicating sellers are in charge. Gold FAQs Gold has played a key role in human’s history as it has been widely used as a store of value and medium of exchange. Currently, apart from its shine and usage for jewelry, the precious metal is widely seen as a safe-haven asset, meaning that it is considered a good investment during turbulent times. Gold is also widely seen as a hedge against inflation and against depreciating currencies as it doesn’t rely on any specific issuer or government. Central banks are the biggest Gold holders. In their aim to support their currencies in turbulent times, central banks tend to diversify their reserves and buy Gold to improve the perceived strength of the economy and the currency. High Gold reserves can be a source of trust for a country’s solvency. Central banks added 1,136 tonnes of Gold worth around $70 billion to their reserves in 2022, according to data from the World Gold Council. This is the highest yearly purchase since records began. Central banks from emerging economies such as China, India and Turkey are quickly increasing their Gold reserves. Gold has an inverse correlation with the US Dollar and US Treasuries, which are both major reserve and safe-haven assets. When the Dollar depreciates, Gold tends to rise, enabling investors and central banks to diversify their assets in turbulent times. Gold is also inversely correlated with risk assets. A rally in the stock market tends to weaken Gold price, while sell-offs in riskier markets tend to favor the precious metal. The price can move due to a wide range of factors. Geopolitical instability or fears of a deep recession can quickly make Gold price escalate due to its safe-haven status. As a yield-less asset, Gold tends to rise with lower interest rates, while higher cost of money usually weighs down on the yellow metal. Still, most moves depend on how the US Dollar (USD) behaves as the asset is priced in dollars (XAU/USD). A strong Dollar tends to keep the price of Gold controlled, whereas a weaker Dollar is likely to push Gold prices up.
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Lisa Simpson once said during an episode of “The Simpsons:” What could be more exciting than the savage ballet that is pro football? On Monday night, the entire Simpsons universe gets to experience it in a way not many could have imagined. The prime-time matchup between the Cincinnati Bengals and Dallas Cowboys will also take place at Springfield’s Atoms Stadium as part of “The Simpsons Funday Football” alternate broadcast. The altcast will be streamed on ESPN+, Disney+, and NFL+ (on mobile devices). ESPN and ABC have the main broadcast, while ESPN2 will carry the final “ManningCast” of the regular season. The replay will be available on Disney+ for 30 days. Globally, more than 145 countries will have access to either live or on replay. “We’re such huge football fans, and the Simpsons audience and the football audience, I feel, are like the same audience of just American families and football. And the Simpsons are so much a part of the DNA of the American family and culture that for us to, like, mush them together in this crazy video game, it’s so fun,” said Matt Selman, executive producer of “The Simpsons.” While the game is the focal point, the alternate broadcast, in some ways, will resemble a three-hour episode of “The Simpsons.” It starts with Homer eating too many hot dogs and having a dream while watching football. Homer joins the Cowboys in the dream while Bart teams up with the Bengals. Lisa and Marge will be sideline reporters. “That’s the beginning of the story, and the story continues through the entire game until Homer wakes up from his dream at the end of the game. It is like a complete story, and the NFL game will happen in between. It’s just going to be an amazing presentation with tons of surprises,” said Michael “Spike” Szykowny, ESPN’s VP of edit and animation. This is the second year ESPN has done an alternate broadcast for an NFL game. It used the characters from “Toy Story” for last year’s Sunday morning game from London between the Atlanta Falcons and Jacksonville Jaguars. “The Simpsons” has featured many sports-themed episodes during its 35 seasons. Even though “Homer at the Bat” remains the consensus favorite sports episode for many Simpsons fans, there have been football ones such as “Bart Star” and “Lisa The Greek.” There also was a Super Bowl-themed one after Fox’s broadcast of Super Bowl 33 between Denver and Atlanta in 1999. Even though “The Simpsons” remains a staple on Fox’s prime-time schedule, it is part of the Disney family after their acquisition of 20th Century Fox in 2019. All 35 seasons are on Disney+. The show’s creators have worked with ESPN and the NFL to make sure the look and sound is definitely Simpsonsesque. The theme song is a mash-up of “The Simpsons” opening and “Monday Night Football’s” iconic “Heavy Action.” There have also been pre-recorded skits and bits to use during the broadcast featuring Simpson’s legendary voices Hank Azaria, Nancy Cartwright, Dan Castellaneta, Julie Kavner, and Yeardley Smith. The telecast will be entirely animated, with the players’ movements in sync with what is happening in real-time on the field. That is done through player-tracking data enabled by the NFL’s Next Gen Stats system and Sony’s Beyond Sports Technology. While Next Gen Stats tracks where players are on the field with a tracking chip in the shoulder pads, there is skeletal data tracking and limb tracking data — which uses 29 points per player — to get closer to the player’s movements. The other data tracking will allow Beyond Sports and Disney to add special characters to the game. For example, there might be a play where Lisa catches the ball and goes 30 yards instead of Cincinnati’s Tee Higgins. “Lisa is much smaller than the rest of the players. So, in real life, the ball would go over her head, but now, with data processing, we can take the ball and make it go exactly into her hands. So for the viewer, it still looks believable, and it all makes sense,” said Beyond Sports co-founder Nicolaas Westerhof. The other major challenge is making “The Simpsons” two-dimensional cartoon characters into 3-D simulations. Szykowny and his team worked to make that a reality over the past couple of months. “That’s a big leap of faith for them to say, hey, we trust you to make our characters 3-D and work with it. Our ESPN creative studio team has done a wonderful job,” Szykowny said. Lisa, Krusty, Nelson, Milhouse and Ralph will be with Bart and the Bengals; while Carl, Barney, Lenny and Moe join up with with Homer and the Cowboys. The broadcast will also feature ESPN personalities Stephen A. Smith, Peyton Manning and Eli Manning. ESPN’s Drew Carter, Mina Kimes and Dan Orlovsky will call the game from Bristol, Connecticut, and also be animated. They will wear Meta Quest Pro headsets to experience the game from Springfield using VR technology. For Kimes, being part of the broadcast and being an animated Simpsons character is a dream come true. She is a massive fan of the show and has a framed photo of Lisa Simpson — who she said is a personal hero and icon — as part of her backdrop when she makes appearances on ESPN NFL shows from her home in Los Angeles. “I didn’t have any input, and I didn’t see anything beforehand, so I wasn’t sure if it would look like me, but it kind of does, which is very funny,” said Kimes, who drew Simpsons characters when she was a kid. “To see the actual staff turn me into one was a dream.” Even though the Bengals (4-8) and Cowboys (5-7) have struggled this season, Selman thinks both teams have personalities that appeal to “The Simpsons” universe. “We were just so lucky also that the Cowboys are sort of like a Homer Simpson-type team, American team, and Mike McCarthy might be a Homer-type guy, one might imagine,” he said. ”And then you have Joe Burrow on the other side who is a cool young, spiky-haired, blonde bad boy -- he’s like Bart. And that fits our character archetypes so perfectly. “If Homer is mad at Bart and has a hot dog dream while watching ’Monday Night Football’, and then it’s basically McCarthy versus Burrow, Homer versus Bart, and that’s the simple father versus son strangling — Homer strangling Bart dynamic that has been part of the show for 35 years. I don’t know if that would have worked as well if it was like Titans versus Jacksonville. We would have found something. We would have made it work.” AP NFL: https://apnews.com/hub/nfl