Tag : capital structure

Citigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate Floating Rate Notes due 2025
Finance Fintech News

Citigroup Announces $2.75 Billion Redemption of 3.352% Fixed Rate / Floating Rate Notes due 2025

Business Wire
by Business Wire0
The redemption announced is consistent with Citigroup’s liability management strategy, and reflects its ongoing efforts to enhance the efficiency of its funding and capital structure. Citigroup Inc. is announcing the redemption, in whole, constituting $2,750,000,000 of its 3.352% Fixed Rate / Floating Rate Notes due 2025 (the “notes”) (ISIN: US172967MF56).......
Comvest Partners Announces Hiring of Lee Landrum as Partner, Head of Investor Relations
Investment Services News

Comvest Partners Announces Hiring of Lee Landrum as Partner, Head of Investor Relations

Business Wire
by Business Wire0
Former Tennenbaum Capital Partners Managing Partner and Veteran Credit Investor Joins Comvest’s Leadership Team Comvest Partners (“Comvest”), an operationally-focused middle-market private investment firm, announced that private credit investment veteran Lee Landrum has joined the firm as a Partner and Head of Investor Relations. Latest Fintech Interview : Global Fintech Interview......
Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program
Finance News

Sterling Announces New $700 Million Credit Facility and $100 Million Share Repurchase Program

Fintech News Desk
by Fintech News Desk0
Share repurchase program expands capital allocation optionality and is expected to be funded through existing cash and future free cash flow Sterling Check Corp. announced a $700 million refinancing of the Company’s credit facility and the authorization of a $100 million share repurchase program. These distinct yet complementary strategic initiatives......
Uponor Renews Its Group Strategy And Introduces New Financial Targets
Finance News

Uponor Renews Its Group Strategy And Introduces New Financial Targets

Fintech News Desk
by Fintech News Desk0
Uponor renews its Group strategy and introduces new financial targets to drive profitable growth. Uponor’s new Group strategy is centred around maximizing the core and sustainable innovation. “Uponor is a leading partner and a pioneer in sustainable water systems and indoor climate. We are well positioned to benefit from the......
White Oak Delivers $80 Million Term Loan Financing
Capital Markets News

White Oak Delivers $80 Million Term Loan Financing

Fintech News Desk
by Fintech News Desk0
White Oak Global Advisors, LLC, announced it provided a $80 million term loan supporting the refinancing of one of the largest non-ferrous and ferrous metals recyclers in the US. The structure, which also includes an $80 million asset-based credit facility, provides the company with a more efficient capital structure and......
TransPerfect Announces New $500 Million Credit Facility
Banking News

TransPerfect Announces New $500 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
New Credit Facility Reduces Annual Interest Expense, Adds Flexibility, Increases Capacity and Extends Maturity TransPerfect, the world’s largest provider of language and technology solutions for global business, announced that it has refinanced its existing credit facility with a new $500 million credit facility (consisting of a $250 million term loan and a $250 million revolving......
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