Trinity Capital priced an underwritten public offering of $100 million in aggregate principal amount of 7.875% notes due in 2029. Trinity intends to use the net proceeds from this offering to pay down a portion of its existing indebtedness outstanding under its KeyBank credit facility. read more
MAR 26, 2024 - 6:42 am
Morgan Stanley’s board of directors appointed Edward “Ted” Pick, co-president of the firm, to the role of CEO, effective Jan. 1, 2024. He will also join the board of directors at that time. James Gorman, the firm’s current CEO, will become executive chairman. read more
OCT 30, 2023 - 7:20 am
Last week, 11 banks, including Bank of America, Citigroup, JPMorgan Chase and Wells Fargo, combined to make $30 billion in uninsured deposits in First Republic Bank to display confidence in the U.S. banking system following the collapse of Silicon Valley Bank. read more
MAR 20, 2023 - 7:22 am
Truist agreed to sell a 20% stake in Truist Insurance Holdings to funds managed by private equity firm Stone Point Capital for $1.95 billion. read more
FEB 16, 2023 - 7:18 am
CNH Industrial Capital, a wholly-owned subsidiary of CNH Industrial, completed its previously announced offering of $400 million in aggregate principal amount of 5.45% notes due 2025, with an issue price of 99.349%. read more
OCT 17, 2022 - 7:08 am
UMB Bank is serving as administrative agent for an amended $1.5 billion senior secured warehouse facility for two entities jointly established by Griffin Global Asset Management and Bain Capital Credit. read more
AUG 15, 2022 - 6:47 am
Global Jet Capital closed its BJETS 2022-1 securitization, raising approximately $609 million. BJETS 2022-1 is Global Jet Capital’s sixth asset-backed security offering, bringing the company’s total assets securitized to approximately $4.4 billion. read more
MAY 18, 2022 - 7:16 am
The Bancorp Bank appointed Randall Baugh as managing director, chief compliance officer. Baugh will oversee the bank’s compliance management system. read more
APR 20, 2022 - 7:26 am
Voyager Aviation Holdings, an aircraft asset lessor and manager, closed a five-year, senior secured warehouse facility with an initial committed amount of $500 million. Citi is acting as the administrative agent and security trustee for the facility. read more
MAR 2, 2022 - 6:21 am
TD Bank Group signed a definitive agreement to acquire First Horizon in an all-cash transaction valued at $13.4 billion, or $25 for each common share of First Horizon. read more
MAR 1, 2022 - 6:44 am
On Jan. 1, United Community Banks completed its merger with Reliant Bancorp, including its wholly-owned subsidiary, Reliant Bank, which was merged with and into United’s bank subsidiary, United Community Bank, and will now operate under the United brand. read more
JAN 4, 2022 - 6:27 am
BMO Financial Group and its indirect, wholly-owned, Chicago-based subsidiary, BMO Harris Bank, signed a definitive agreement with BNP Paribas to acquire Bank of the West and its subsidiaries for $16.3 billion. read more
DEC 20, 2021 - 7:00 am
AerCap completed its acquisition of GE Capital Aviation Services from General Electric. The combined company will serve approximately 300 customers around the world. read more
NOV 1, 2021 - 6:40 am
Ideanomics, a company focused on driving the adoption of commercial electric vehicles and associated energy consumption, entered into an agreement to acquire VIA Motors in an all-stock transaction for a 100% ownership stake. The agreement values VIA Motors at $450 million. read more
AUG 30, 2021 - 6:18 am
United Rentals’ subsidiary, United Rentals North America, priced an offering of $750 million principal amount of 3.75% senior notes due 2032 in a registered public offering. read more
AUG 2, 2021 - 6:17 am