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Finance & Markets

Rocket Lab Fully Funds Iridium Acquisition, Including Completion of $1.94 Billion ATM

Iridium Acquisition Now Fully Financed: Rocket Lab completes the $1.944 billion At-The-Market (ATM) equity offering, securing the required cash consideration (alongside available liquidity) to fully fund its pending acquisition of Iridium Communications – expected to close in mid-2027, pending regulatory approvals. Cost-Effective Debt Structure Secured: Iridium amends its existing $1.775 billion…

We haven't written up this one. Financial Post has the full story — the link below goes straight to it.

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LNG shipping stocks: Company news drives new highs

The UP World LNG Shipping Index gained 3.75 points (1.59%) last week, closing at a new all-time high of 239.62 points, while the S&P 500 lost 0.80%.

  • UP World LNG Shipping Index hits all-time high of 239.62 points
  • 16 companies drove performance, 4 declined, 1 steady
  • Gas prices rise in Europe and Asia, ADNOC Logistics gains

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