Senmiao Technology Limited Announces Name Change to Valor Energy Inc.

International Paper (IP) is evaluating unsolicited bids for its EMEA Packaging Business, which operates in 30 countries. The company had previously planned to spin off this business, listing it on the London and New York stock exchanges. IP is now considering a potential sale alongside the spin-off, but no decision has been made. The EMEA Packaging Business includes both legacy DS Smith and IP assets.

Hudson Pacific Properties (HPP) sold two real estate assets, generating nearly $190M in gross proceeds this year. The company will use net proceeds to pay down its revolving credit facility. CEO Victor Coleman stated the sales enhance liquidity and financial flexibility. HPP owns and operates office and studio properties across West Coast markets.

SITE Centers Corp (SITC) shares rose 11% after announcing a $32.4M special cash distribution from a joint venture sale. The dividend will be paid on November 5, 2026. SITC plans to delist from the NYSE by December 4, 2026. The company has a P/S ratio of 2.24, above its historical median, and a GF Score of 54. Five gurus hold SITC shares, with mixed activity. SITC operates as a REIT with a market cap of $158M, facing revenue declines and profitability challenges.

Atico Mining (TSX.V: ATY, OTC: ATCMF) closed a US$16.4M convertible debenture private placement with Trafigura, settling legacy liabilities and funding La Plata project pre-construction. The debenture is convertible at US$0.22 per share, with a 7-10% interest rate. Additionally, Atico issued 16.15M shares to settle US$2.5M of debt under an existing credit agreement with Trafigura. Ventum Financial Corp. acted as financial advisor.

NioCorp (NASDAQ:NB) announced that the Export-Import Bank of the United States (EXIM) reiterated its support for financing 65% of the Elk Creek Critical Minerals Project's upfront capital expenditures, estimated at $1.85 billion. EXIM expects to advance due diligence and present the transaction for review as soon as practicable. The project has broad support from federal and Nebraska leaders, citing its importance for U.S. critical minerals security and economic development.

Transocean Ltd. (RIG) amended its credit facility, extending maturity to 2031 and increasing commitments to $750M. The company also retired $165M in notes, saving $22M in interest. The changes are subject to closing its Valaris acquisition. Transocean operates 27 offshore drilling units.