Citizens Financial Group and Investors Bancorp entered into a definitive agreement and plan of merger under which Citizens will acquire all of the outstanding shares of Investors for a combination of stock and cash. read more

JUL 29, 2021 - 5:35 am

Ali Group, a manufacturer of foodservice equipment, and Welbilt entered into a definitive merger agreement under which Ali Group will acquire Welbilt in an all-cash transaction for $24 per share, or approximately $3.5 billion in aggregate equity value and $4.8 billion in enterprise value. read more

JUL 19, 2021 - 6:46 am

United Community Banks and Reliant Bancorp executed a definitive merger agreement pursuant to which United will acquire Reliant and its wholly-owned subsidiary, Reliant Bank, in an all-stock transaction with an aggregate value of approximately $517 million. read more

JUL 15, 2021 - 6:33 am

F.N.B. Corporation and Howard Bancorp signed a definitive merger agreement for FNB to acquire Howard, including its wholly-owned banking subsidiary, Howard Bank, in an all-stock transaction valued at approximately $418 million. read more

JUL 14, 2021 - 6:21 am

SKY Leasing, an aircraft leasing company, closed an issuance of $663 million of secured notes by SLAM 2021-1 Limited and SLAM 2021-1 LLC (SLAM). SLAM expects to use a portion of the proceeds of the notes to acquire a portfolio of aircraft valued at approximately $885 million. read more

JUN 4, 2021 - 6:54 am

According to a report from Morgan Stanley, 41% of women reported participation in equity compensation plans compared with 52% of men. In addition, 12% of BIPOC employees reported participation in equity compensation programs compared with 42% of white employees.  read more

MAR 22, 2021 - 6:21 am

Global Jet Capital, a global provider of financial solutions for business aircraft, closed its BJETS 2021-1 securitization, raising approximately $663 million. BJETS 2021-1 is Global Jet Capital’s fifth ABS offering. read more

MAR 22, 2021 - 6:19 am

Baker Hughes and Akastor created a joint venture company that will bring together Baker Hughes’ subsea drilling systems business with Akastor’s wholly-owned subsidiary, MHWirth. The joint venture will deliver offshore drilling equipment. read more

MAR 2, 2021 - 7:19 am

AerCap Ireland Capital Designated Activity Company and AerCap Global Aviation Trust, which are each wholly-owned subsidiaries of AerCap, priced their offering of senior notes, consisting of $1 billion aggregate principal amount of 1.75% senior notes due 2026. read more

JAN 7, 2021 - 6:38 am

Harold Ford Jr. assumed the role of vice chairman of corporate and institutional banking (C&IB), reporting to Michael Lyons, head of C&IB, at PNC Financial Services Group. Ford has more than 25 years of political and financial experience, serving in Congress from 1997 through 2007. read more

DEC 4, 2020 - 7:22 am

First Citizens BancShares, the parent company of First-Citizens Bank & Trust Company, and CIT Group, the parent company of CIT Bank, will combine in an all-stock merger of equals to create the 19th largest bank in the United States based on assets. read more

OCT 19, 2020 - 6:57 am

CNH Industrial’s wholly owned subsidiary, CNH Industrial Capital, completed its previously announced offering of $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. read more

OCT 9, 2020 - 7:49 am

CNH Industrial’s wholly owned subsidiary, CNH Industrial Capital, priced $500 million in aggregate principal amount of 1.875% notes due 2026, with an issue price of 99.761%. read more

SEP 30, 2020 - 7:18 am

Reuters reported that Air Medical Group, a U.S. medical helicopter operator and KKR portfolio company, plans to take on $2.185 billion of additional debt to complete its purchase of American Medical Response. read more

AUG 14, 2017 - 7:23 am

Bloomberg reported that despite increased fanfare surrounding President Donald Trump’s infrastructure proposal, economists are not expecting any real boost from that sector for the next couple of years. read more

JUN 9, 2017 - 6:15 am