Twitter’s debut $600 million junk-bond deal is getting a lot of likes
Social-media site Twitter is seeing demand for its first $600 million junk-bond offering, even through it isn’t telling potential investors much about its plans for the funding......»»
Breakingviews TV: WeWork junk
Rob Cyran and Richard Beales share a space talking about WeWork’s $700 million junk-rated bond issue and wonder why the cash-burning upstart wants debt at all – and why investors are willing to provide it......»»
Reviewing the Risks In WeWork’s $500 Million Bond Deal
Offering docu.....»»
One Year Later: Illinois On The Verge Of Downgrade To Junk; Its Residents $5 Billion Poorer
Submitted by Ted Dabrowki and John Klingner of Wirepoints Illinois’ brutal political campaigns may have distracted attention from the reality of the state’s crumbling finances, but an upcoming $500 million bond borrowing by the state will remind inve.....»»
WeCrash
Just days after it began trading, WeWork's freshly minted $702 million bond issue is crashing as the massively over-subscribed junk bond issue sees d.....»»
Chase Field, D-backs deal: Omelet or cracked eggs?
Arizona Diamondbacks Managing Partner Ken Kendrick likes the result of the Maricopa County Board of Supervisors vote approving a resolution of a $185 million battle over repairs at Chase Field. Clint Hickman doesn’t. Hickman was the sole no vo.....»»
What to Expect From Twitter’s Convertible Bond Offering
Twitter is expected to get attractive terms on its $1 billion convertible note deal slated to be priced later today, in large part due to the high volatility of its stock......»»
WeWork"s Credit Rating Pulled By Moody"s Due To Lack Of Information
Back in May, we reported that Just days after it began trading, WeWork's freshly minted $702 million bond issue crashed as the massively over-subscribed junk bond issue (rated B+ .....»»
JPMorgan faces $6 million bribe allegation from Libyan oil fund
The Libyan Investment Authority sued JPMorgan Chase & Co. in London, saying the lender paid more than $6 million in bribes to secure a $200 million bond deal. JPMorgan’s Bear Stearns sent the... To view the full story, click the title link......»»
Boston staffing firm Motion Recruitment acquired in $485M deal
The Boston-based parent company of recruiting firms Motion Recruitment, Sevenstep and Jobspring will be acquired by a Michigan staffing giant for $425 million in cash......»»
St. Louis public company to make $290M acquisition
The Clayton-based supplier of network infrastructure products and services has agreed to a $290 million deal to purchase a provider of networking equipment......»»
Osceola County chooses location, seeks architect for new $7.2 million technology library concept
Here's where the county will build the $7.2 million project, what it will include and when it's expected to debut......»»
Hong Kong"s Bitcoin ETF Debut Records 0.2% Of First-Day US ETF Trading Volume
The launch of the first Bitcoin (CRYPTO: BTC) and Ethereum spot ETFs in Hong Kong marked a modest start, with a total trading volume of just 87.58 million HK$ ($12 million) read more.....»»
Portion of Colonie Center sold for $28 million
The buyer was drawn to the deal because of the strength of an existing tenant as well as an opportunity to add value......»»
Solar company opts for North Carolina over Phoenix for $300M project
Phoenix was in the running for a nearly $300 million investment from a Vietnamese solar company, but North Carolina ended up landing the economic development deal......»»
Jennifer Doudna co-founded Peninsula biotech lands CRISPR gene-editing pact with Regeneron
The deal, which could pay the Peninsula company a $100 million upfront and up to $370 million per target, is the third aimed at assembling CRISPR's components in the body......»»
Mark Zuckerberg Gives Shoutout To Taylor Swift"s Debut On Threads, Says "That One Was A Big Deal In My House"
During Meta Platforms' Q1 financial results, CEO Mark Zuckerberg noted the platform's growth and highlighted pop star Taylor Swift's significant debut on Threads, expressing personal excitement shared by his family. read more.....»»
SEC"s University of Missouri officially hires Memphis athletic director
Veatch recently landed a big-league NIL deal with FedEx and launched $220 million in renovations at Simmons Bank Liberty Stadium......»»
Incyte to acquire San Diego pharma firm in $750 million deal
Incyte says the firm it is acquiring has new drug candidates representing multibillion-dollar revenue opportunities......»»
Trump"s $175 million bond in New York civil fraud judgment case is settled with cash promise
Trump"s $175 million bond in New York civil fraud judgment case is settled with cash promise.....»»
Satellite communications startup seeks to locate HQ, manufacturing plant in Arlington
The aerospace company could bring in more than 3,000 jobs to Arlington and surrounding areas. A critical vote on up to $50 million in economic incentives is coming soon. Read on for more about the potential deal and impact......»»