Banks around the world will next year start live trials of digital asset and currency transactions over the Swift network. While the Swift network has been used to carry out digital asset transactions in test environments, the move to live...
Blackstone expects the private credit market to balloon to US$30 trillion in size, fuelled by lending for infrastructure projects and greater participation from pension funds. “The opportunity set to finance the real economy, whether that’s credit cards, whether that’s equipment,...
Flex LNG Ltd is pleased to announce that the aggregate $430 million of new financings announced in the Q2-2024 report have been completed according to plan with net proceeds of about $97 million. On September 24, 2024, the new $270...
The company this week announced that it has amended, extended, and upsized its existing from $3.75 billion senior unsecured multi-currency global revolving credit facility to $4.2 billion. The maturity date was extended by three years and total availability was expanded...
STG Logistics, a leading provider of containerized logistics services, announced the successful completion of a $300 million debt and equity financing package. This financing, backed by STG's existing lenders and equity sponsors, will provide the company with significant capital...
The mining industry will require $2.1 trillion in new investments by 2050 to meet the raw material demands of a net-zero emissions world, according to BloombergNEF’s (BNEF) annual Transition Metals Outlook. Despite a decade of growth in metals supply, BNEF...
Second Avenue Capital Partners ("SACP"), a Schottenstein affiliate, is pleased to announce the closing of a $175,000,000 Senior Secured Revolving Line of Credit for Gabe's, a leading off-price retailer operating in the mid-Atlantic and Southeast US. The new credit...
This will commence operations in 2027. CS Energy and Aula Energy have reached financial close on the 228-megawatt Boulder Creek Wind Farm, which also gives the former 50% stake in the project. In a statement, CS Energy said it will co-own...
HSBC Asset Management plans to launch a specialised fund vehicle that supports corporate bond issuers in emerging markets with sustainable finance. The firm has agreed the launch in partnership with IFC, a member of the World Bank Group, which has...
Artificial intelligence is set to revolutionise the wealth management industry, with nine in 10 investors believing the technology can used effectively for researching financial products and service. AI continues to shape the sector, with 62% of wealth management firms acknowledging...
