Search Results for: transition services

Intermedia Cloud Communications Completes $345 Million Refinancing of Balance Sheet
Investment Services News

Intermedia Cloud Communications Completes $345 Million Refinancing of Balance Sheet

PR Newswire
Refinancing Underscores Strength of Cloud Communications and Collaboration Provider’s Growth Strategy and Provides Intermedia with Increased Flexibility to Continue to Invest in Business; Transaction with Existing Lenders Includes New Upsized Term Loan and Extended Maturity Date Due in April 2029 Intermedia Cloud Communications, a leading global provider of intelligent cloud communications......
Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK
Finance News

Recurrent Energy Secures €110 Million Multi-Currency, Green Loan Facility from Investec Energy and Infrastructure Finance UK

PR Newswire
The funding will support Recurrent Energy in the execution of its global solar PV and energy storage project pipeline, as it transitions to become an independent power producer (IPP) and accelerates its growth strategy. Recurrent Energy, a subsidiary of Canadian Solar and a global developer and owner of solar and energy......
Intel Outlines Financial Framework
Finance Fintech News

Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion

Business Wire
This new structure is designed to drive increased cost discipline and higher returns by providing greater transparency, accountability, and incentives across the business. Intel Corporation today outlined a new financial reporting structure that is aligned with the company’s previously announced foundry operating model for 2024 and beyond. This new structure is......
Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions
Investment Services News

Monarch Alternative Capital Bolsters Real Estate Debt Investment Program through Recent Lending Solutions

PR Newswire
Monarch completes three financings – Hotel 48LEX in New York, Renaissance Las Vegas, and Westin Tampa, in the hotel sector amid commercial real estate lending market disruption. Monarch Alternative Capital LP, a leading investment firm with approximately $14 billion of assets under management, announced the continued expansion of its real estate debt......
Banks Need Fintech to Bridge the Gig Economy Data Gap
Fintech Guest Posts

Banks Need Fintech to Bridge the Gig Economy Data Gap

Ali Hamriti
Being one of the oldest sectors, banking holds a vital role in safeguarding the invaluable life savings and assets of consumers, as well as serving businesses globally. Nevertheless, despite their longstanding stability, traditional banks are facing a plateau in their capacity to meet the needs of emerging demographics. These include......
Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives
Banking News

Cadence Bank Announces Simplified Organizational Structure and Expanded Roles for Key Executives

PR Newswire
The new management structure streamlines the organization and eliminates management layers to expedite decision-making, enhance accountability, and further a laser-focused approach to client relationships. Cadence Bank announced changes to its organizational structure, as well as new and increased responsibilities for several key executives, that will build on the company’s success,......
First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program
Banking News

First Tech Federal Credit Union Helps Nearly 200 Leaders in Tech Manage Employee Relocation to U.S. with Groundbreaking Banking Program

PR Newswire
Leader in banking for tech innovators helps transferees set up bank accounts and build credit First Tech Federal Credit Union, the financial partner for tech innovators, is unveiling details of the First Tech Relocation Banking Program, which helps employees moving to the U.S. with an approved employer easily set up U.S.......
Global Times: China’s Economy Shifts Toward High-Quality Development With Stronger Capacity for Regeneration
Fintech News

Global Times: China’s Economy Shifts Toward High-Quality Development With Stronger Capacity for Regeneration

PR Newswire
China’s economy is undergoing transformation, surmounting obstacles and navigating waves to form sustainable endogenous growth momentum and forge strong resilience. The Chinese economy has shifted toward a stage of high-quality development and is currently at a critical period of transforming its economic development model, optimizing its economic structure, and changing......
Sure Released the 2024 State of Digital Insurance Report
InsurTech News

Sure Released the 2024 State of Digital Insurance Report

Fintech News Desk
The new survey highlights the difficulties that organizations face as they develop new insurance programs in a market that has long been dominated by a handful of incumbent RSOs. Sure, the insurance technology company that unlocks the potential of digital insurance, released the 2024 State of Digital Insurance Report, revealing......
Coinshares Strengthens Its Global Reach by Completing Acquisition of Valkyrie ETF Business
Investment Services News

Coinshares Strengthens Its Global Reach by Completing Acquisition of Valkyrie ETF Business

PR Newswire
Acquisition follows entry into an agreement granting CoinShares an exclusive option to acquire Valkyrie Funds LLC (“Valkyrie”) and the Sponsor rights to BRRR, Valkyrie’s physically-backed Bitcoin ETF. Valkyrie’s regulatory licences are complementary to CoinShares’ existing U.S. permissions and contribute to establishing solid foundations for CoinShares to continue executing its U.S. asset management expansion......
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