Search Results for: balance sheet

Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme
Finance News

Municipality Finance Issues NOK 1 Billion Notes Under its MTN Programme

GlobeNewswire
Municipality Finance Plc issues NOK 1 billion notes on 18 October 2023. The maturity date of the notes is 18 April 2028. The notes bear interest at a fixed rate of 4.4% per annum. The notes are issued under MuniFin’s EUR 45 billion programme for the issuance of debt instruments.......
Spark I Acquisition Corporation Announces Closing of $100 Million Initial Public Offering
Fintech Investments News

Spark I Acquisition Corporation Announces Closing of $100 Million Initial Public Offering

PR Newswire
Spark I Acquisition Corporation (the “Company”), a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 10,000,000 units at a price......
ChargePoint Raises $232M to Support Path to Profitability in 2024
Fintech Investments News

ChargePoint Raises $232M to Support Path to Profitability in 2024

Business Wire
$175M of new equity committed by institutional investors via the Company’s “at-the-market” offering facility $57M of new equity raised in Q3 of FY2024 via the ATM Adjustment to terms of outstanding $300M convertible notes ChargePoint Holdings, Inc., a leading provider of networked solutions for charging electric vehicles, has secured a......
ExxonMobil Announces Merger with Pioneer Natural Resources in an All-Stock Transaction
Fintech Investments News

ExxonMobil Announces Merger with Pioneer Natural Resources in an All-Stock Transaction

Business Wire
Transforms ExxonMobil’s upstream portfolio, more than doubling the company’s Permian footprint and creating an industry-leading, high-quality, high-return undeveloped U.S. unconventional inventory position Expect to generate double-digit returns by recovering more resource, more efficiently and with a lower environmental impact Combines Pioneer’s sizeable acreage, entrepreneurial culture and deep industry expertise with......
Banking Featured Fintech Primers

The Domino Effect- Exploring How Failed Banks Impact The Fintech Industry

Pooja Choudhary
Introduction Silicon Valley Bank, First Republic Bank, and New York’s Signature Bank! Can you think of a common factor among these three? Yes, these are a few recent bank failure examples that have been witnessed by all of us. What makes the banking structure unviable and leads to their bankruptcy?......
Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities
Fintech Lending News

Holley Announces $25 Million Debt Paydown in Line With Stated Financial Priorities

Business Wire
Holley committed to using strong free cash flow to continue deleveraging the balance sheet Holley, the leading consumer platform for automotive performance enthusiasts, announced it paid down $25 million in principal against its first lien term loan facility. Accretive to earnings, the paydown aligns with leadership’s commitment to reduce leverage against Holley’s......
Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger
Banking News

Peoples Financial Services and FNCB Bancorp, Announce Transformational Strategic Merger

PR Newswire
Peoples Financial Services Corp. and FNCB Bancorp, Inc. announced they have entered into a definitive agreement under which Peoples and FNCB will combine in an all-stock strategic merger valued at approximately $129.0 million based on a 20-day volume weighted average stock price for Peoples’ common stock of $44.13 as of September 26, 2023, resulting in an......
Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights 1st March 2023
Fintech News

Daily Fintech Series Roundup: Top Fintech News, Analytics and Insights

Fintech Staff Writer
FTS Daily Roundup starts today! We are covering the top updates from around the world. The updates will feature state-of-the-art capabilities in Fintech insights, Trending fintech news, Crypto, Fintech SaaS, Fintech Cloud, Analytics and AI ML. We will cover the role of FTS Daily Roundup and its application in various industries and......
SAS Helps Banks Tackle Risk in the Cloud
Analytics News Risk Management

SAS Helps Banks Tackle Risk in the Cloud

PR Newswire
SAS works with Microsoft to arm banks with powerful AI and analytics to manage the liquidity and interest rate risks fueling widespread industry turbulence As financial firms maneuver the continued fallout of recent bank failures, analytics and AI leader SAS is expanding its partnership with Microsoft to help banks better manage......
1