Posts in category

Recapitalization


State-owned bank Punjab & Sind expects to make a net profit of about Rs 1,100 crore in the current financial year from the resolution of bad debts. The bank has given NPA recovery guidance of Rs 2,000 crore for the current financial year, Punjab & Sind Bank Managing Director Swarup Kumar Saha told PTI …

Latest platform builds on company’s expertise in branded consumer products NEW YORK, November 16, 2022 /PRNewswire/ — Sentinel Capital Partners, a private equity firm that invests in promising middle-market companies, today announced the acquisition of L2 Brands, a leading designer, manufacturer and distributor of apparel and of custom headwear for the college, destination and leisure, …

The founder and CEO of an Africa-focused payments company, Elizabeth Rossiello, claimed on Nov. 11 that beleaguered crypto exchange FTX wrongly included AZ Finance in its Chapter 11 bankruptcy protection filing. CEO insisted his company did not hold client funds and was taking steps to correct the “erroneous court documents”. AZA Finance does not hold …

Abberly Foundry. Image courtesy of ACRE Global private equity firm ACRE granted a loan of $54.5 million to HH Hunt Corp. to purchase a newly built 231-unit luxury multifamily property in Nashville, Tennessee, which has been renamed Abberly Foundry. HHHunt acquired the property, formerly known as Alta Foundry, at 640 21st Ave. N. in the …

VANCOUVER, BC, November 4, 2022 /PRNewswire/ – Great Panther Mining Limited (OTCPK: GPLDK) (“Great Panther” or the “Company”) announces that the Supreme Court of British Columbia (the “Court”), at the request of the Company, has rendered a court order (the “SISP Order”) granting approval of the Company’s proposed sales and investment solicitation process (the “SISP”) …

ROSEMONT, Illinois–(BUSINESS WIRE)–Nov 3, 2022– Foam Holdings, a portfolio company of Wynnchurch Capital, LP (“Wynnchurch”), announced the acquisition of Amvic, Inc. (“Amvic”) and Concrete Block Insulating Systems, Inc. (“CBIS”). Amvic, headquartered in Toronto, Ontario, is a leading manufacturer of expanded polystyrene (“EPS”) insulated concrete forms, radiant heated flooring and other building products and insulation. CBIS, …

CRO advisors’ assessment of Eskom’s liabilities of R1.7 trillion (insolvent) South Africa is facing a catastrophic collapse of Electricity Utility Eskom and the national energy sector, industrial production and the economy in general. South Africa will never recover until ALL citizens cast off corrupt government and criminal cartels” —KW Miller, President CRO Advisors ABU DHABI, …

Auckland, New Zealand. TradeWindow (NZX:TWL), one of Australia’s leading TradeTech companies, has made a name for itself in the massive US and European food insurance market, announcing a partnership agreement with FoodChain ID, a leading provider technological solutions for food safety, quality and sustainability for the food industry. The signing of this agreement coincides with …

Shares of Weber Inc. soared more than 24% in after-hours trading on Monday, reflecting an offer from its largest shareholder to buy the grill maker’s remaining shares for $6.25 apiece. Weber’s WEBR offer to purchase, -4.01% 27.5 million shares not currently held by BDT Capital Partners represent a 24.8% premium to the grillmaker’s closing price …

ATLANTE, October 20, 2022 –JLL Capital Markets today announced the closing of the $113 million sale of Coastal Commerce Center, two Class A distribution facilities totaling 826,250 square feet in Savannah, Georgia. JLL represented the seller, a joint venture between AEW Capital Management and Strategic Real Estate Partners, in the sale to Stream Realty Partners …

NEW YORK, Oct. 17, 2022 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent subsidiary of Natixis, has entered industrial investment banking with the hiring of Larry Gelwix who joins the firm as a partner to lead the development of Salomon’s new business. The launch of Solomon’s industrial practice is part of …

NEW YORK, October 14, 2022 NEW YORK, October 14, 2022 /PRNewswire/ — Hudson Acquisition I Corp. (NASDAQ: HUDA, the “Company”), a new blank check company incorporated in Delawareannounced today that it has priced its initial public offering of 6,000,000 units at $10.00 per unit. The Units will be listed on the NASDAQ Global Market (“NASDAQ”) …

JOINT BASE SAN ANTONIO-LACKLAND, Texas – On October 1, 2012, Air Force leaders activated the Air Force Civil Engineering Center to provide centralized civil engineering support and expertise. Ten years later, AFCEC is celebrating a decade of providing “Battle Ready, …

One of Santa Monica’s biggest developers has secured $141.4 million to recapitalize nearly 400 apartments in the coastal Westside city of Los Angeles. WS Communities developed building 11 Samo Apartments with 399 units between 1997 and 2009. Today, it is the largest portfolio of affordable, restricted-act units in the city, located in downtown and the …

Hastings Equity Partners “We believe in our team and the business owners we work with. We hold the work, expertise and opinions of owners in high regard.” BOSTON (PRWEB) October 05, 2022 Inc. announced its fourth annual Founder-Friendly Investor List, honoring private equity and venture capital firms with the best track records of success …

Chardan NextTech Acquisition 2 Corp. (NASDAQ:CNTQ – Get Rating) saw strong growth in short-term interest during the month of September. As of September 15, there were short interests totaling 22,100 shares, a growth of 25.6% from the total of 17,600 shares as of August 31. Based on an average daily trading volume of 41,700 shares, …

Today, Miami-based development and construction firm Cymbal DLT Companies secured a $17.5 million loan from New Wave Loans to recapitalize its development of an eight-story, 203-unit, multi-family residential project at 3452 -3470 North Miami Avenue in Midtown. The 1.5 acre site, currently the headquarters of Cymbal DLT, is located a few blocks from the Miami …

Park owner Melvin LP received $32 million in recapitalization for the Melvin Park Apartmentsa 263-unit apartment community in Catonsville, Md. The owner acquired the property in April 2021 for $33.9 million. Berkadia facilitated the financing, arranging a 10-year Freddie Mac loan with seven years of interest only. “The ability to take advantage of the Freddie …

In the latest deal reflecting a family business transforming into an RIA aggregator, Wealth Enhancement Group has agreed to make its ninth acquisition of 2022. Ronald Sadoff and his two sons, Bryan and Michael, of Sadoff Investment Management — a Milwaukee-based registered investment adviser with three support staff and more than $1.6 billion in client …

Compass Diversified (NYSE:CODI – Get Rating) benefited from a sharp drop in short interest during August. As of August 31, there was short interest totaling 1,090,000 shares, down 18.7% from the total of 1,340,000 shares as of August 15. Based on an average daily volume of 446,200 shares, the short interest ratio is currently 2.4 …

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR SECURITIES ASSOCIATED WITH INDEBTEDNESS, …

If the rule isn’t that everything goes with enough votes, what is? Entrepreneurs and experienced investors understand that stock dilution is a fundamental aspect of investing in companies. This is especially true when companies anticipate needing additional capital before their potential profitability. But investors don’t always trust management to act fairly and wisely when selling …

NEW YORK and CHICAGO, Sept. 07, 2022 (GLOBE NEWSWIRE) — Solomon Partners, a leading financial advisory firm and independent subsidiary of Natixis, has hired Connor Mitchell and Michael Vinciguerra as Managing Directors of its Client Services Group. businesses. “Business services is a high-growth sector and we are expanding this group to serve sub-sectors of the …

Gustavo Arnal, chief financial officer of Bed Bath & Beyond (BBB), reportedly jumped to death on Friday, September 2, from a skyscraper in New York where he lived. Arnal, a seasoned financial executive who had served as chief financial officer at BBB since May 2020, was among a number of recently named defendants in a …

Civil society representatives praised the Ugandan government for its efforts to improve the country’s economy, especially after the COVID-19 pandemic which frustrated most business operations and weakened the economy. They noted that although the government has put in place measures such as the recapitalization of the Uganda Development Bank (UDB), the introduction of the Parish …

Sasha Ivanov, founder and CEO of smart contract blockchain Waves, said the crypto industry needs regulation to deal with market manipulation issues and to protect users from bad actors. In an interview with Be[In]Crypto, Ivanov also spoke about the “six whale accounts” that had outsized loan positions they couldn’t repay, risking the USDN’s dollar peg, …

Century City-based Dekel Capital Inc. has added a nationwide vice president to its team and plans to expand its capital-raising efforts beyond Southern California. Matin Roshan joined real estate merchant banking this month after four years at Quantum Capital Partners, where he originated more than $400 million in commercial real estate debt. He has extensive …

Purple Multiparty Political Strategist Fund August 26, 2022 Purple Strategies, an Alexandria, Va.-based corporate reputation firm, has completed a growth recapitalization with Boston-based private equity firm WestView Capital Partners. Purple combines full-service research capabilities with political/campaign strategy and execution. Purple was founded fourteen years ago when two firms of political advisers from opposite sides of …

By Stephen Wright Air New Zealand’s annual loss exploded due to pandemic travel disruptions and the airline warned of headwinds to its recovery, including the risk of a global recession, volatile jet fuel prices and a high inflation. The carrier, which is half-owned by the New Zealand government, said its loss before one-time items and …

Section 5.07 Submission of Matters to a Vote of Securityholders The 2022 Annual Meeting of Shareholders (“Annual Meeting”) of the Company was held on August 16, 2022. At the Annual Meeting, the common shareholders of the Company voted on each of the matters described below. Approximately 30,923,406 shares (representing 93.57% of the total number of …

Comment this story Comment “Bread, work and freedom” – this is a fair list of what is needed for a decent life. It was also the list of demands that about 40 Afghan women chanted in protest outside the Ministry of Education in Kabul on August 13, before being beaten and dispersed by Taliban armed …

MORRISTOWN, NJ, August 17, 2022 –JLL Capital Markets today announced the closing of the sale of 293 Ella Grasso Turnpike, an 85,000 square foot industrial warehouse in Windsor Locks, Connecticut. JLL marketed the property on behalf of Sapient Equities. 293 Ella Grasso Turnpike is fully occupied by Iron Mountain Information Management, a subsidiary of Iron …

Chairman of Nigeria’s first interest-free bank, Jaiz Bank Plc, Umaru Abdul Mutallab, said the idea of ​​establishing the bank was aimed at stimulating growth in different sectors of the economy. He said so yesterday in Abuja during his address at a dinner to mark the bank’s 10th anniversary. Mutallab told how the bank started in …

Kelcie Hartley, Daily Herald Utah County Commissioners, from left, Bill Lee, Tom Sakievich and Amelia Powers Gardner participate in a Utah County Commission meeting Wednesday, June 29, 2022. Utah County commissioners approved a resolution to adopt an equipment replacement program for the county at Wednesday’s regular meeting. County Budget Director Rudy Livingston …

The Russian military is increasingly unable to acquire the technology needed to replenish its stockpile of precision weapons critical to its continued progress in eastern Ukraine. For months, reports have indicated that Russia’s arsenal of precision weapons is running out. At the same time, the Russian military has also been willing to fire unguided munitions …

America’s shipyards are making improvements to building ships for the Navy and Coast Guard today and in the future. In some cases, this means phasing out one ship class and preparing for the next. Or, it can be a drastic transformation. The yards range from mid-level yards to very large facilities dedicated exclusively to warships. …

StepStone Group Inc. (NASDAQ:STEP – Get Rating) declared a quarterly dividend on Thursday, August 4, Zacks reports. Shareholders of record on Wednesday August 31 will receive a dividend of 0.20 per share on Thursday September 15. This represents an annualized dividend of $0.80 and a dividend yield of 2.86%. The ex-dividend date is Tuesday, August …

JLL Capital Markets arranged a $585 million construction financing for Allston LabWorks, a mixed-use project in Boston, Massachusetts. JLL’s Capital Markets Group announced that it has arranged $585 million in construction financing for a mixed-use project consisting of 580,905 square feet of life sciences, retail and housing space multiple in Boston, Massachusetts. JLL worked on …

Dear shareholders, 2021 was a year of big change for Youngtimers AG – being in effect an inactive investment holding company for several years, the company had changed its name to Youngtimers AG at the June 2021 AGM, replaced the Board of administration, completed the recapitalization to the tune of 35 million francs capital increase …

JLL Capital Markets today announced the closing of the sale of Avalon Green, a 617-unit value-added multi-unit community located in Westchester County in Elmsford, New York. JLL marketed the property on behalf of the seller, AvalonBay Communities, Inc. A joint venture between Harbor Group International, LLC and Azure Partners, LLC acquired the asset. The three-phase …

Truist Financial Corp increased its stake in Compass Diversified (NYSE:CODI – Get Rating) by 1.0% in Q1, Holdings Channel reports. The institutional investor held 44,989 shares of the financial services provider after purchasing an additional 461 shares during the period. Truist Financial Corp’s holdings in Compass Diversified were worth $1,069,000 at the end of the …

ROSEMONT, Ill.–(BUSINESS WIRE)–July 21, 2022– Wynnchurch Capital, LP (“Wynnchurch”) announced today that it has acquired FCA, LLC (“FCA Packaging”, “FCA” or the “Company”) from Delos Capital. FCA is a leading manufacturer of custom industrial protective packaging solutions. Founded in 1985, FCA has 34 locations across the United States and provides custom-engineered packaging products to premier …

Highwoods Properties Inc. entered the Dallas-Fort Worth market by forming an approximately $130 million joint venture with Granite Properties to acquire a 50% interest in two of the promoter’s current office projects. Through the recapitalization, Highwoods will become co-owner of 23Springs, a 26-story tower totaling 642,000 square feet in downtown Dallas, and Granite Park Six, …

TORONTO, July 18 12, 2022 (GLOBE NEWSWIRE) — Clairvest Group Inc. (TSX: CVG) (“CVG”), today announced that Meriplex Communications, Ltd. (“Meriplex” or the “Company”), a portfolio company of CVG and Clairvest Equity Partners V (“CEP V”, collectively “Clairvest”), have completed a partial realization with Vitruvian Partners (“Vitruvian”). The transaction involves the acquisition of a majority …

Privatization of Indian public sector banks A report has been released in which it is mentioned that the state banks of the country i.e. the public sector banks, rather than the State Bank of India, are in the process of being privatized. The National Council of Applied Economic Research (NCAER) has published a report on …

News and research before you hear about it on CNBC and others. Claim your one week free trial for StreetInsider Premium here. Paris, Julythere 13e2022 Air France-KLM and Apollo sign a definitive agreement for one EUR 500 million investments in a ad hoc Operating affiliate of Air France has spare engines Air France-KLM and Apollo …

NEW YORK–(BUSINESS WIRE)–Pryor Cashman is pleased to announce that Robert M. Friedman and Richard C. Leska have joined the firm as partners in the Enterprises group. Friedman was previously a partner at Moses & Singer; Leska was previously a partner at Meister Seelig & Fein. Friedman has extensive experience representing clients in the formation of …

Education, Press release Governor Tom Wolf celebrated a budget that reinforces his commitment to education at all levels with a historic investment increase of $1.8 billion. The Wolf administration has increased education funding by more than $3.7 billion since 2015, ensuring Pennsylvanians have the opportunity to succeed with a high-level education without bearing the bulk …

100 Chestnut. Image courtesy of Colliers North River Leerinka joint venture focused on life sciences and healthcare real estate between North River Co. and Development of Leerinkreceived a $192.5 million loan from a subsidiary of Square Mile Capital Management to develop 100 Chestnut, a four-story life science project in the Brickbottom district of Somerville, Mass. …

The share price of Property Solutions Acquisition Corp. (OTCMKTS: PSACU – Get Rating) traded up 0.5% on Monday. The company traded as high as $17.42 and last traded at $17.08. 1,800 shares were traded during trading, down 93% from the average session volume of 25,250 shares. The stock previously closed at $16.99. The stock’s 50-day …

Elliott Opportunity II (NYSE:EOCW – Get Rating) and CION Investment (NYSE:CION – Get Rating) are both unrated small cap companies, but which is the superior investment? We will compare the two companies based on institutional ownership strength, risk, analyst recommendations, profitability, earnings, dividends and valuation. Profitability This table compares the net margins, return on equity …

Oxbridge Acquisition Corp. (NASDAQ:OXACU – Get Rating) fell 0.8% in Thursday’s session. The company traded as low as $10.04 and last traded at $10.04. 100 shares changed hands during trading, a 90% decline from the average session volume of 1,020 shares. The stock had previously closed at $10.12. The company’s 50-day moving average price is …

No related data. © 2022 Moody’s Corporation, Moody’s Investors Service, Inc., Moody’s Analytics, Inc. and/or their licensors and affiliates (collectively, “MOODY’S”). All rights reserved. THE CREDIT RATINGS ISSUED BY MOODY’S CREDIT RATINGS AFFILIATES CONSTITUTE THEIR CURRENT OPINIONS ON THE RELATIVE FUTURE CREDIT RISK OF THE ENTITIES, CREDIT COMMITMENTS, INDEBTEDNESS OR SECURITIES ASSOCIATED WITH INDEBTEDNESS, …

Onex (TSE:ONEX – Get an assessment) had its price target lowered by CIBC from CA$90.00 to CA$75.00 in a research report released on Saturday, BayStreet.CA reports. Other stock analysts have also recently released reports on the company. Royal Bank of Canada raised its price target on Onex from CA$108.00 to CA$110.00 and gave the stock …

Given this year changing venture capital climate, it’s no stretch to imagine we’re going to see a lot more of the following: down cycles disguised as extend cycles, recapitalization events mistaken for side business and benchmarks loosely defined growth, combustion and other key metric starts. As the downturn threatens companies’ ability to meet their growth …

Personica recruited Adam Ochstein as its next CEO. Personica has simultaneously completed a capital increase that will help position the company for continued growth. ALEXANDRIA, Va., June 21, 2022 /PRNewswire/ — Personica, an STG company and leading multi-channel restaurant marketing platform, today announced that the company has hired Adam Ochstein as the organization’s next CEO. …

Finance Minister Nirmala Sitharaman is expected to meet with heads of public sector banks (PSBs) on June 20 to take stock of the performance of lenders. During the meeting, banks could be asked to sanction loans to productive sectors to accelerate economic recovery in the face of headwinds including the Russian-Ukrainian war. It is highly …

Apollo Strategic Growth Capital II (NYSE:APGB – Get Rating) benefited from a significant increase in short-term interest during the month of May. As of May 31, there was short interest totaling 142,700 shares, an increase of 24.1% from the May 15 total of 115,000 shares. Based on an average daily trading volume of 218,300 shares, …

NEW YORK, June 10, 2022 /PRNewswire/ — An ad hoc group of certain holders of unsecured debt (the “Ad hoc group“) issued by Crédito Real, SAB de CV, SOFOM, ENR (the “Company“) publicly discloses information that has been provided to the Ad Hoc Group in connection with discussions regarding potential transactions involving a recapitalization, refinancing …

Ares Capital (NASDAQ:ARCC – Get a rating) was downgraded by StockNews.com from a “hold” rating to a “sell” rating in a research report published Tuesday. Other research analysts have also recently published reports on the company. Wells Fargo & Company raised its price target on Ares Capital from $22.50 to $23.00 and gave the company …

DBRS Limited (DBRS Morningstar) assigned a rating of AAA covered bonds, series CBL48 (series CBL48) issued under the Bank of Nova Scotia (Global Registered Covered Bond Program) (the Registered Program). Series CBL48 (USD 1.5 billion) has a coupon rate of 3.186% and a maturity of June 3, 2025. All Covered Bonds issued under the Registered …

Analysts expect Apollo Global Management, Inc. (NYSE:APO – Get Rating) to report sales of $594.70 million for the current quarter, Zacks reports. Three analysts have made estimates of Apollo Global Management’s earnings, with the highest estimate of sales at $612.60 million and the lowest estimate at $573.70 million. Apollo Global Management recorded sales of $553.55 …

HONG KONG, June 1, 2022 /PRNewswire/ — Blue Safari Group Acquisition Corp. (NASDAQ: BSGA, the “Company”), a special purpose acquisition company, today announced that it has deposited into the Company’s trust account (the “Trust Account”) a total of $575,000 (representing $0.10 per Class A common share), to extend the period available to the Company to …

Springwater Special Situations Corp. (NASDAQ:SWSS – Get Rating) saw a surge in short-term interest during the month of May. As of May 15, there was short interest totaling 13,900 shares, an increase of 51.1% from the April 30 total of 9,200 shares. Currently, 0.1% of the company’s shares are sold short. Based on an average …

NEW DELHI : The Ministry of Finance has asked public banks to draw up a three-year roadmap to prepare for the challenges ahead and stay ahead of their private rivals in this extremely competitive sector. As part of the strategy, banks were urged to seize new economic and technological business trends to drive business growth …

ArchiMed, a private equity specialist in the healthcare sector, is the lead investor in an alliance recapitalizing Corealis Pharma. ArchiMed and another investor, Caisse de depot et placement de Quebec, a pension fund in Canada, are joining the founders and management in this recapitalization. The partnership will further expand the drug development services that Corealis …

Newly released details of Cleveland Clinic’s $1.3 billion capital commitment significantly expand capacity expansion plans for its neurological and Cole Eye Institutes – plans first announced three years ago , then discontinued during the pandemic. In addition to a new building for the Neurological Institute and the expansion of the Cole Eye Institute — each …

LMS Capital plc (LON:LMS – Get Rating) announced a dividend on Thursday, May 19, Upcoming.Co.Uk reports. Shareholders of record on Thursday, May 26 will receive a dividend of 0.63 GBX ($0.01) per share on Thursday, June 23. This represents a return of 1.78%. The ex-date of this dividend is Thursday, May 26. This is an …

JLL Capital Markets today announced that it has arranged $25.5 million in financing for Nest Micro Apartments, a 122-unit mid-rise luxury apartment building in the Journal Square neighborhood of Jersey City, New Jersey. JLL worked on behalf of the borrower, 190 Academy Urban Renewal, LLC, to secure a loan through Argentic Investment Management, LLC. Completed …

JLL Capital Markets has been retained to arrange the sale of 322 East 90th St., a five-story walk-up apartment building located on Manhattan’s Upper East Side. The asking price is $7.85 million. Located on the south side of East 90th Street, between 1st and 2nd Avenues, the building features 16 apartments, 10 of which are …

Item 1.01. Conclusion of a significant definitive agreement Effective from May 4, 2022, HCyte, Inc. (the “Company”) has entered into an amended and restated note conversion agreement (the “Note Conversion Agreement”) with certain holders (the “Investors”) of its Tranche 1 Notes (the “Notes”) ), (i) providing for a conversion price equal to the lesser of …

Seven years ago, a newly formed hotel investment firm in Denver proudly touted its purchase of a Best Western Plus in the Denver Tech Center for $15 million. “The property has all the characteristics we are looking for in an acquisition – high current yield, excellent location, superior brand image and a variety of healthy …

iAnthus Announces Appointment of New Chief Executive and Interim Director and Provides Update on Recapitalization Transaction NEW YORK and TORONTO, May 6, 2022 /PRNewswire/ — iAnthus Capital Holdings, Inc. (“iAnthus” or the “Company”) (CSE: IAN) (OTCPK: ITHUF), which owns, operates and partners in regulated cannabis companies across the United States, announces the appointment of a …

Onex (OTCMKTS:ONEXF – Get Assessment) had its price target reduced by Canaccord Genuity Group from CA$118.00 to CA$110.00 in a research report published Tuesday morning, reports The Fly. ONEXF has been the subject of several other research reports. TD Securities reduced its price target on Onex from CA$125.00 to CA$115.00 in a Monday, February 28 …

NEW YORK, May 2, 2022 /PRNewswire/ — Loews Corporation (NYSE:L) today reported net income of $338 millionor $1.36 per share, for the first quarter of 2022 compared to a net result of $261 millionor $0.97 per share, in the first quarter of 2021. Net income for the first quarter of 2022 increased over the comparable …

Investcorp Credit Management BDC, Inc. (NASDAQ:ICMB – Get Rating) was the target of strong short-term interest growth during the month of April. As of April 15, there were short interests totaling 16,400 shares, a growth of 72.6% from the total of 9,500 shares as of March 31. Based on an average trading volume of 24,300 …

GigInternational1, Inc. (NASDAQ: GIW – Get Rating) was the target of a significant increase in short-term interest in April. As of April 15, there were short interests totaling 2,800 shares, an increase of 211.1% from the March 31 total of 900 shares. Based on an average trading volume of 12,000 shares, the short-term interest rate …

CHICAGO–(BUSINESS WIRE)–April 26, 2022– Monroe Capital LLC announced that it has acted as lead arranger and sole administrative agent for the financing of a senior credit facility to support the recapitalization and future growth of Dealer Services Network (“DSN”) by capital sponsor- Frontenac investment. Based in Deerfield Beach, Florida, DSN is a technology provider of …

Meridian, a full-service healthcare real estate owner, operator and investor, is pleased to announce that the company has entered into an receivership for the sale of Grunow Memorial Medical Center. After renovating and repositioning the 53,000 square foot medical office building in Phoenix, Arizona, Meridian sold the building to a private Canadian investor for $17.9 …

On April 12, 2022, the Government of Alberta (the province) released its Alberta Technology and Innovation Strategy (ATIS). The strategy aims to add 20,000 new technology jobs to Alberta while providing concrete commitments to support technology innovation. This blog provides a concise summary of major ATIS initiatives. It is highly relevant to Canadian companies active …

“The Corwyn South Point has been met with extraordinary enthusiasm from people looking for sophisticated, modern design in a walkable neighborhood setting,” said jimmy baunon, Chief Investment Officer at ECI Group. “Residents of The Corwyn can walk to over 700,000 square feet of retail, dining and entertainment options in South Point and are a short …

Item 1.01. Conclusion of a significant definitive agreement. As described below, on April 13, 2022, NuZee, Inc. (the “Company”) completed the Offering (as defined below), which included the 2022 Warrants (as defined below) as a component of the Units (as defined below). The 2022 Warrants are governed by the terms set forth in the common …

Recently insurance industry regulator NAICOM announced a new recapitalization round for insurers, Ebere Nwoji in this report examines the possibility of its success in an election year The insurance industry regulator, the National Insurance Commission (NAICOM), at the recent Insurance Committee meeting held in Lagos, announced a new bid to carry out a recapitalization exercise …

Finance Minister Nirmala Sitharaman is due to meet the heads of public sector banks (PSBs) on April 23 to take stock of the performance of the lenders and the progress made by them on various plans launched by the government for reviving the economy. battered by the pandemic. This is the first full review meeting …

Staying informed is a constant challenge. There is so much to do and so little time. But we have what you need. Grab a coffee and have a five while you munch on these treats. Cologix increases its Canadian data center footprint after recapitalization Stonepeak, an alternative investment firm specializing in infrastructure and real estate …

OFFUTT AIR FORCE BASE, Neb. (AFNS) — Prior to the development of the new simulator, training for E-4B crews relied on a non-E-4B Boeing 747 trainer – located in Florida – or on the limited training sorties available due to the high operational requirement of the mission. . With …

JLL has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mixed-use multi-unit housing project in San Diego JLL Capital Markets has arranged a $43.5 million construction financing for the development of 4135 Park Blvd., a 190-unit mid-rise mixed-use housing project located on the border of the North Park …

JLL Capital Markets today announced the closing of the $86.5 million sale of The Alexander & The Johnathan, a pair of Class A experiential office assets totaling 219,580 square feet in Chandler, Arizona. JLL represented the seller, George Oliver, and recruited the buyer, Asana Partners. The $86.5 million sale represents a price of $394 per …

CHICAGO, March 22, 2022 /PRNewswire-PRWeb/ — Ziegler, a specialty investment bank, is pleased to announce that it has been the exclusive financial advisor to GreenLight Medical (GreenLight), a leading provider of supply chain management software. Healthcare Supply in connection with its transaction with Symplr, a provider of enterprise healthcare operations solutions. This combination creates a …

Park City – JLL Capital Markets announced that it has completed the sale and arranged the financing of the acquisition of The Kimball on Main Street, a 25,410 square foot, fully leased, mixed-use retail asset with event spaces and offices along historic Main Street in the popular mountain town of Park City, Utah. JLL has …