Chinese textile technology firm NTX raises $200m in Centurium-led funding round

Chinese private equity (PE) firm Centurium Capital, which has so far raised $249 million for US investors for a new USD-denominated fund, led the $200-million C2 funding round in Shanghai-headquartered textile technology firm NTX. The funding round, which was also backed by existing shareholder NRL Capital, according to the announcement, comes as NTX became a… Continue reading Chinese textile technology firm NTX raises $200m in Centurium-led funding round

Hitting the Books: How Moderna dialed-in its vaccine to fight COVID variants

The national news cycle may have largely moved on from coverage of the COVID-19 pandemic — despite, as of this writing, infections being on the rise and more than 300 deaths tallied daily from the disease. But that certainly doesn’t diminish the unprecedented international response effort and warp speed development of effective vaccines.  In The… Continue reading Hitting the Books: How Moderna dialed-in its vaccine to fight COVID variants

Private equity, data firms vie for UK-based data centre operator Global SwitchPotential suitors include KKR, EQT, aPAG.

About 10 private equity firms and data companies are considering bidding for Chinese-controlled Global Switch, in a deal that could value the company at $10 billion, according to four people with direct knowledge of the transaction. The UK-based data center operator, controlled by Chinese steelmaker Jiangsu Shagang Group, kicked off a formal sale process earlier… Continue reading Private equity, data firms vie for UK-based data centre operator Global SwitchPotential suitors include KKR, EQT, aPAG.

General Motors Prices $2.25 Billion of Senior Unsecured Notes

DETROIT, July 28, 2022 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is… Continue reading General Motors Prices $2.25 Billion of Senior Unsecured Notes

@GM: General Motors Prices $2.25 Billion of Senior Unsecured Notes July 28, 2022

DETROIT – General Motors Co. (NYSE: GM) announced today the pricing of two series of senior unsecured fixed rate notes for a total of $2.25 billion. These notes include $1.0 billion of 5.40 percent notes due in 2029 and $1.25 billion of 5.60 percent notes due in 2032. The offering is expected to settle on… Continue reading @GM: General Motors Prices $2.25 Billion of Senior Unsecured Notes July 28, 2022

@GM: General Motors Offers Senior Unsecured Notes July 28, 2022

DETROIT, July 28, 2022 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part, eligible projects described in GM’s Sustainable Finance Framework. Additionally,… Continue reading @GM: General Motors Offers Senior Unsecured Notes July 28, 2022

Luokung Technology Corp. Announces the Closing of $8 Million Registered Direct Offering

BEIJING, July 28, 2022 /PRNewswire/ — Luokung Technology Corp. (the “Company” or “Luokung”) (NASDAQ: LKCO), today announced that on July 28, 2022, it closed its previously announced registered direct offering of (i) 26,666,667 ordinary shares and (ii) warrants to purchase 26,666,667 ordinary shares at a combined purchase price of $0.30. The gross proceeds to Luokung… Continue reading Luokung Technology Corp. Announces the Closing of $8 Million Registered Direct Offering

SVPGlobal Expands Investment Team with Addition of Dedicated Aviation Professionals, Deepening Its Focus on Opportunities Globally

John Morabito, 20-Year Aviation Veteran, Joins as Managing Director to Lead Day-to-Day Aviation Investing Activities GREENWICH, Conn., July 28, 2022 /PRNewswire/ –, July 28, 2022 – Strategic Value Partners, LLC and its affiliates (“SVPGlobal”), a global investment firm with over $18 billion of assets under management, today announced that it has added three senior aviation-focused… Continue reading SVPGlobal Expands Investment Team with Addition of Dedicated Aviation Professionals, Deepening Its Focus on Opportunities Globally

General Motors Offers Senior Unsecured Notes

DETROIT, July 28, 2022 /PRNewswire/ — General Motors Co. (NYSE: GM) announced today it has launched an offering of senior unsecured fixed rate notes. GM intends to use the net proceeds from the sale of the notes to finance or refinance, in whole or in part, eligible projects described in GM’s Sustainable Finance Framework. Additionally,… Continue reading General Motors Offers Senior Unsecured Notes

@Ford: Ted Cannis to Discuss Ford Pro at J.P. Morgan Automotive Conference

About Ford Motor Company Ford Motor Company (NYSE: F) is a global company based in Dearborn, Michigan, that is committed to helping build a better world, where every person is free to move and pursue their dreams. The company’s Ford+ plan for growth and value creation combines existing strengths, new capabilities and always-on relationships with… Continue reading @Ford: Ted Cannis to Discuss Ford Pro at J.P. Morgan Automotive Conference