Author : Business Wire

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Business Wire, a Berkshire Hathaway company, is the global leader in press release distribution and regulatory disclosure. Public relations, investor relations, public policy and marketing professionals rely on Business Wire for secure and accurate distribution of market-moving news and multimedia. Founded in 1961, Business Wire is a trusted source for news organizations, journalists, investment professionals and regulatory authorities, delivering news directly into editorial systems and leading online news sources via its multi-patented NX network. Business Wire’s global newsrooms are available to meet the needs of communications professionals and news media worldwide.

Finance of America Receives Continued Listing Standard Notice from the NYSE

Business Wire
by Business Wire0
Finance of America plans to notify the NYSE within ten business days of its receipt of the Notice that it intends to bring the Company into compliance with this listing standard within the six month cure period. Finance of America intends to remain listed on the NYSE and is considering......

KKR Acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans

Business Wire
by Business Wire0
The KKR investment directly highlights the strength and scale of our Asset-Based Finance business, which has experienced unprecedented growth alongside the rapid expansion of this market.  KKR, a leading global investment firm, announced today that funds and accounts managed by its credit business have led the purchase of a $7.2......

Visa to Acquire Majority Interest in Prosa

Business Wire
by Business Wire0
Under the Visa and Prosa agreement, Prosa will continue to operate as an independent company with its own technology infrastructure, while Visa looks to expand Prosa’s product offerings with new digital solutions, as well as share its experience and knowledge managing a global network and set of technology capabilities. The......

KBRA DLD Released Monthly Insights & Outlook and Default Reports

Business Wire
by Business Wire0
KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. KBRA DLD, a division of KBRA Analytics, recently released its latest Monthly Insights & Outlook and Default Reports on the U.S. direct lending market. Highlights from......

Government of Bermuda Announced House of Assembly will debate the CIT Act 2023

Business Wire
by Business Wire0
Proposed legislation is expected to be a Covered Tax under OECD’s global minimum tax (“GMT”) Proposed tax designed to collect revenue otherwise payable under the OECD’s GMT for Multinationals wherever they operate or are domiciled Legislation to be debated in the House of Assembly on Friday, December 15, 2023 Corporate......

FHLBank Pittsburgh Announced Awards to Two Initiatives

Business Wire
by Business Wire0
The Board of Directors of FHLBank Pittsburgh (FHLBank) has approved $24.6 million in awarded grants under the Affordable Housing Program (AHP) and $8 million in awarded grants through a voluntary housing grant initiative. This additional voluntary pool of funding for 2023, which is separate and distinct from FHLBank’s required, statutory......

Green Dot Corporation Partners with Repay

Business Wire
by Business Wire0
Green Dot Corporation today announced that Repay Holdings Corporation (“REPAY”), a leading provider of vertically integrated payment solutions, has joined its growing list of partners utilizing the Green Dot Network to expand bill payment options for REPAY’s clients spanning personal finance, auto finance, credit unions, mortgage and other industries. Powered by the......

KBRA Assigns Preliminary Ratings to Blue Bridge Funding LLC 2023-1

Business Wire
by Business Wire0
KBRA assigns preliminary ratings to four classes of notes issued by Blue Bridge Funding 2023-1 LLC (Blue Bridge 2023-1) an equipment ABS transaction. Blue Bridge 2023-1 represents Blue Bridge Financial, Inc.’s (Blue Bridge or the Company) first ABS transaction. Blue Bridge is an independent finance company providing small and medium-sized......

Capitolis Novations Platform Gains Strong Momentum within FX Options Market

Business Wire
by Business Wire0
Meaningful PB’s, EB’s, and Clients have recently joined the platform and significant reductions in response times have been achieved Capitolis, the technology company creating safer and more vibrant capital markets, has onboarded most major buy-side and sell-side market participants to its FX novations platform. The company is working to improve......

SellersFi Closes Credit Facility up to $300M with Citi and Fasanara Capital

Business Wire
by Business Wire0
SellersFi, a global, cutting-edge financial technology startup, closed a new US credit facility with Citi and independent asset manager Fasanara Capital for $135MM with the potential to grow up to $300M as SellersFi expands. Citi provides the senior capital while Fasanara provides junior capital in the transaction. Also, Fasanara is......
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