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Weed Giant Canopy Announces Upsized $35M Private Placement
Thursday, January 18, 2024 - 10:24am | 657Read More...Canopy Growth Corporation (TSX:WEED) (NASDAQ:CGC) announced on Thursday that it has entered into subscription agreements with certain institutional investors in a private placement offering of 8,158,510 units at $4.29 per unit for aggregate gross proceeds of roughly $35 million. Details Each unit...
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Credit Acceptance Q3 Earnings Preview: Key Items Analysts Will Be Watching
Monday, October 30, 2023 - 11:54am | 484Read More...Auto finance company and one of the best workplaces for women, Credit Acceptance Corp (NASDAQ:CACC) will be reporting its third-quarter earnings, after market close on Oct 30. Analysts of the stock aren’t currently very positive on its outlook and will be closely watching key metrics...
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New Mountain Finance, Stellus Capital Downgraded At Baird, 'Fade Small-Cap Banks'
Thursday, July 14, 2016 - 1:40pm | 481Read More...Baird has downgraded Stellus Capital Investment Corp (NYSE: SCM) and New Mountain Finance Corp. (NYSE: NMFC) to Neutral from Outperform on valuation. The brokerage said BDC (business development company) valuations have rebounded meaningfully from earlier in the year. "Up from ~77 percent at the...
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Working In Retirement: Starting The Conversation And A Few Things To Consider
Sunday, June 12, 2016 - 2:28pm | 923Read More...Employment has entered the retirement conversation in a new way. No longer does the topic only come up in an adverse existential way or through the negative (“I no longer am employed,” “employment was a part of who I used to be”), but it has become a continuation of the...
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OneMain Holdings Dips Lower After Company Secures $2.4 Billion Of Committed Financing
Monday, January 25, 2016 - 3:13pm | 181Read More...Shares of OneMain Holdings Inc (NYSE: OMF) were trading lower by nearly 5 percent mid-Monday afternoon after the company earlier disclosed in an 8-K filing it entered into four separate bilateral conduit facilities. After opening for trading at $29.04, shares of OneMain Holdings sold-off to an...
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Uber Valued At $18.2 Billion Following Financing Round
Friday, June 6, 2014 - 1:30pm | 147Read More...Uber's co-founder and CEO Travis Kalanick blogged Friday that the company closed a financing round at $17 billion in pre-money valuation. The blog states, “We have just closed a financing round with some of the leading investors in the world, raising $1.2B of primary capital at a $17B...
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2013: Year of the Mega Deal
Friday, February 15, 2013 - 8:22am | 757Read More...Just one and a half months into 2013 and it already appears as though 2013 will be the year of an M&A boom. Analysts have been calling for a surge in mergers and acquisitions for years now, due to cheap financing rates. However, now that the equity prices have risen to new multi-year highs,...
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Office Buyer Lands 90% LTV as Owner - User. Or Do They?
Wednesday, June 23, 2010 - 6:00am | 782Read More...There was a very interesting article on Globest.com yesterday that caught my eye. It was titled exactly the same as above, but without the questioning. A mortgage broker helped an owner/user acquire a small, 11,000 square foot vacant office building for $4.2M by obtaining...
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Why No One Uses ARRA Bonds
Thursday, June 17, 2010 - 6:53am | 734Read More...Over the last six months, I’ve seen numerous marketing packets (mostly from law firms) advertising professional expertise to help owners/developers of real estate to get financing through ARRA bonds. Curiously, in spite of all this marketing, I have yet to hear of a private...
