NASHVILLE, Tenn., Dec. 23, 2024 /PRNewswire/ — Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company’s 2027 debt maturities while further increasing its liquidity. On December 20, 2024, Brookdale obtained a $344.2 million loan under… Continue reading Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
Tag: M and A
Toyota to build EV factory in China: report
Toyota bZ3C electric crossover SUV (Source: Toyota) Toyota has reportedly decided to build a new EV plant in China in hopes of clawing back business from BYD and other Chinese-owned rivals eating away at its market share. According to a report today in Nikkei business daily, the Japanese automaker plans to produce its luxury brand… Continue reading Toyota to build EV factory in China: report
Honda and Nissan confirm EV merger to survive the every ‘100 years’ industry shake-up
Honda and Nissan will team up to build EVs as they look to keep pace with Tesla and BYD. The Honda and Nissan EV merger will create one of the world’s largest auto groups as they look to pull a third Japanese automaker into the partnership. Here’s everything you need to know. How the Honda… Continue reading Honda and Nissan confirm EV merger to survive the every ‘100 years’ industry shake-up
Honda and Nissan officially begin merger talks to create world’s third-largest automaker
Makoto Uchida, president and CEO of Nissan Motor, and Toshihiro Mibe, Honda Motor president and CEO, attend their joint press conference in Tokyo, Japan March 15, 2024. Kyodo | Via Reuters Japanese automakers Nissan and Honda on Monday announced they had entered into official talks to merge and create the world’s third-largest automaker by sales. In a… Continue reading Honda and Nissan officially begin merger talks to create world’s third-largest automaker
Europe’s blockbuster trade deal with South America is deeply controversial. Here’s why
Ursula von der Leyen, president of the European Commission, during a news conference at the Mercosur Leaders Summit in Montevideo, Uruguay, on Friday, Dec. 6, 2024. Bloomberg | Bloomberg | Getty Images The European Union’s blockbuster trade deal with South America’s Mercosur bloc is widely regarded as highly controversial, with EU member states split over… Continue reading Europe’s blockbuster trade deal with South America is deeply controversial. Here’s why
S&W Secures New $25 Million Working Capital Facility
LONGMONT, Colo., Dec. 23, 2024 /PRNewswire/ — S&W Seed Company (Nasdaq: SANW) today announced it has closed a new $25 million revolving credit agreement with ABL OPCO LLC (“Mountain Ridge”) which replaces an existing facility with CIBC Bank USA. In connection with the Company’s entry into the Mountain Ridge credit agreement, MFP Partners L.P. (“MFP”),… Continue reading S&W Secures New $25 Million Working Capital Facility
Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
NASHVILLE, Tenn., Dec. 23, 2024 /PRNewswire/ — Brookdale Senior Living Inc. (NYSE: BKD) (“Brookdale” or the “Company”) announced today that the Company has recently completed a successful advance refinancing of more than $300 million of the Company’s 2027 debt maturities while further increasing its liquidity. On December 20, 2024, Brookdale obtained a $344.2 million loan under… Continue reading Brookdale Announces Beneficial Refinancing Transaction to Address a Significant Portion of 2027 Debt Maturities at a Favorable Rate
Vertical Bridge Completes $3.3 Billion Tower Transaction with Verizon
BOCA RATON, Fla., Dec. 23, 2024 /PRNewswire/ — Vertical Bridge REIT, LLC (“Vertical Bridge”), the largest private owner and operator of communications infrastructure in the United States, today announced that it has closed its previously announced transaction with Verizon Communications Inc. (“Verizon”) (NYSE, NASDAQ: VZ), providing Vertical Bridge the exclusive rights to lease, operate, and manage more… Continue reading Vertical Bridge Completes $3.3 Billion Tower Transaction with Verizon
Range Capital Acquisition Corp. Announces Closing of $100 Million Initial Public Offering
COLD SPRING HARBOR, N.Y., Dec. 23, 2024 /PRNewswire/ — Range Capital Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 10,000,000 units. The offering was priced at $10.00 per unit, generating total gross proceeds of $100,000,000. The Company, which is led by Timothy Rotolo, is a special purpose acquisition company… Continue reading Range Capital Acquisition Corp. Announces Closing of $100 Million Initial Public Offering
Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory Update
PHILADELPHIA and PERTH, Australia, Dec. 23, 2024 /PRNewswire/ — Arcadium Lithium plc (NYSE: ALTM, ASX: LTM, “Arcadium Lithium”), a leading global lithium chemicals producer, today announced that it has obtained all requisite shareholder approvals in connection with the proposed acquisition by Rio Tinto previously announced on October 9, 2024. “Today’s vote of support by our… Continue reading Arcadium Lithium Announces Shareholder Approval of Proposed Rio Tinto Transaction and Provides Regulatory Update