Search Results for: credit facility

Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering Due 2028
Fintech Investment Services News

Kinetik Prices $500 Million Sustainability-Linked Senior Notes Offering

Business Wire
by Business Wire0
Kinetik Holdings Inc. (“Kinetik”) announced that its subsidiary, Kinetik Holdings LP (the “Issuer”), has priced its previously announced offering of $500 million sustainability-linked senior notes due 2028 (the “Senior Notes”). The Senior Notes were priced at par. The Senior Notes mature on December 15, 2028, pay interest at the rate......
New Mountain Finance Corporation Prices Public Offering of $115.0 Million 8.250% Notes Due 2028
Finance Fintech News

New Mountain Finance Corporation Prices Public Offering of $115.0 Million 8.250% Notes Due 2028

Business Wire
by Business Wire0
New Mountain Finance Corporation (the “Company,” “we,” “us” or “our”) (Nasdaq: NMFC) today announced that it has priced an underwritten public offering of $115.0 million in aggregate principal amount of 8.250% unsecured notes due 2028 (the “Notes”). The Notes will mature on November 15, 2028, and may be redeemed in......
Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023
Fintech Investment Services News

Rand Capital Reports 12% Increase in Total Investment Income for Third Quarter 2023

Business Wire
by Business Wire0
Total investment income increased 12% to $1.7 million for the quarter compared with the third quarter last year driven by strong growth in interest income Net asset value per share (“NAV”) was $23.77 at September 30, 2023, up 6% from year-end 2022 Invested $7.8 million in new investments during the......
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
by Business Wire0
$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......
Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth
Banking News

Palm Tree Advises The Neato Company on Debt Financing to Support Rapid Growth

PR Newswire
by PR Newswire0
Palm Tree LLC, the modern M&A advisor that provides integrated investment banking and consulting services for private equity firms and businesses worldwide, announced its Investment Banking team advised on a successful debt financing transaction for The Neato Company with funds being provided by an institutional investment fund. Financial details of the......
Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association
Banking Fintech News

Empowering Growth and Profitability: R&T Deposit Solutions Joins the Banking-As-A-Service Association

PR Newswire
by PR Newswire0
R&T Deposit Solutions (R&T) announced that it joined The BaaS Association (BaaS Association). This is a pivotal move that reinforces R&T’s commitment to empower growth and innovation among community banks, a critical segment within the banking industry that represents 77% of banking as a service (BaaS) participants. The BaaS Association......
OKX and CoinRoutes Expand Partnership to Serve Institutional Users
Cryptocurrency News Trading

OKX and CoinRoutes Expand Partnership to Serve Institutional Users

PR Newswire
by PR Newswire0
OKX, a leading crypto exchange and Web3 technology company, and CoinRoutes, a leading provider of algorithmic trading strategies and execution management, announced the expansion of their partnership to include a full range of API-enabled trading services to institutional clients. Institutional users with an OKX account can now trade on OKX......
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
by Fintech Staff Writer0
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......
Macquarie Leads $275 Million Syndicated Financing for Precious Metals Merchant Auramet
Banking News

Macquarie Leads $275 Million Syndicated Financing for Precious Metals Merchant Auramet

Business Wire
by Business Wire0
Auramet International, a leading precious metals merchant, is pleased to announce that it has closed a $275 million syndicated revolving credit facility (the “Facility”) led by Macquarie Bank Limited (“Macquarie”). Macquarie acted as Mandated Lead Arranger, Bookrunner and Administrative Agent for the Facility, which was well oversubscribed. The Facility complements......
Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses
Business E-commerce News

Settle Unveils New Purchasing and Procurement Suite for E-commerce Businesses

PR Newswire
by PR Newswire0
Settle, the leading cash-flow management platform, announced a new purchasing suite designed specifically for founders of e-commerce businesses. Purpose-built to streamline the challenge of purchasing and procurement, the new Settle Purchasing suite of tools automates back-office tasks like bill pay, purchase order creation, auditing, reporting and more. “The current economic......
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