MGM increases debt capital to $2.5 billion

All of Macy's stores have been closed since March 18th. The retailer has suspended its dividend, stopped capital spend, fully drawn down its $1.5 billion revolving credit facility and furloughed the majority of its employees......»»

Ford Motor Co will launch a three-part unsecured debt offering of $8 billion, yielding up to 9.6% on the 10-year loan, capital markets intelligence provider International Financing Review reported on Friday......»»

Bloomberg TV Howard Marks's Oaktree Capital plans to raise $15 billion for the biggest ever distressed-debt fund, Bloomberg reported Wednesday, citing an investor presentation. The vehicle.....»»

Shares of G.....»»

STONEMOR INC. REPORTS FOURTH QUARTER FINANCIAL RESULTS; INCREASES CASH LIQUIDITY VIA $17 MILLION EQUITY CAPITAL COMMITMENT AND ADDS SIGNIFICANT CUSHION TO DEBT COVENANTS IN RESPONSE TO COVID-19.....»»

Tysons IT services giant DXC Technology Co. (NYSE: DXC) is selling its state and local health business to private equity firm Veritas Capital for $5 billion in cash. DXC said Tuesday it would use the proceeds from the sale to pay down debt. The c.....»»

Bridge Investment Group and its subsidiaries Bridge Multifamily Fund Manager, Bridge Debt Strategies Fund Manager, and Bridge Development Fund Manager have raised and plan to deploy $4.5 billion of equity over the next three years. .....»»

U.S. satellite imagery company Maxar Technologies Inc said on Monday it would sell its Canadian space robotics business to a consortium led by Northern Private Capital (NPC) for C$1 billion ($765 million), in a bid to ease its debt......»»

Prosus N.V. said Monday that it has increased the cash offer for the entire issued and to-be issued capital of Just Eat PLC to 740 pence a share......»»

Chinese cargo carrier SF Express Group announced that it has tapped the debt capital markets with six-year convertible bonds to raise CNY5.8 billion ($820 million). The group is the second-largest.....»»

Co-living investor Six Peak Capital has tapped Cushman & Wakefield to raise $1 billion in debt and equity to fund its US expansion. Six Peak invests in.....»»

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Mexico's national oil company Pemex will need more than the $5 billion cash capital contribution from the government announced on Wednesday to turn around its fate, investors said, although there was interest in the plan's lengthening of debt maturities......»»

Austrian sensor specialist AMS launched a bid for Germany's Osram on Tuesday, valuing it at 4.3 billion euros ($4.8 billion) including debt and beating an offer from private equity firms Bain Capital and Carlyle ......»»

Hedge Fund Challenges $14 Billion in Illinois Debt as Unconstitutional (The Wall Street Journal) A hedge-fund manager claiming Illinois ha.....»»

WPP is selling a 60% stake in Kantar to private equity firm Bain Capital, valuing the data analytics business at about $4 billion and giving the British owner of agencies including Ogilvy and Wunderman Thompson funds to cut debt and rebuild......»»

Bank of America Corp. (NYSE: BAC) shows no signs of slowing down as it increases the amount of capital returned to shareholders. Late last month, federal regulators approved BofA's plan to return as much as $37 billion to shareholders between July 1.....»»

SAN DIEGO - Jack in the Box completed a $1.3 billion refinancing on Monday, taking on additional debt to boost working capital and potentially fund share buybacks. .....»»

The merchant-banking division of Goldman Sachs Group Inc is set to buy Capital Vision Services LP, which manages MyEyeDr. optometry centers, in a deal valued at $2.7 billion including debt, the Wall Street Journal reported on Monday......»»

Tesla Inc will raise up to $2.3 billion in new capital, renouncing what Elon Musk called a "Spartan diet" and easing Wall Street concerns about the money-losing company's ability to overcome a drop in sales and build new product lines......»»