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Doppel Raises $35 Million Series B to Fuel Enterprise Momentum in Social Engineering Defense and Digital Risk Protection
SAN FRANCISCO--(BUSINESS WIRE)--Doppel, the AI-powered social engineering defense platform, is announcing a Series B funding round after a year of rapid growth following its Series A, bringing the total amount raised to $54.4M. The Series B round of $35 million at $205 million valuation is led by Bessemer Venture Partners, along with additional first-time Doppel investors 9Yards Capital and Sozo Ventures, and repeat investors a16z, South Park Commons, Strategic Cyber Ventures, Script Capital, a
Trust & Will’s ‘Make It Count’ Campaign Wins Creative Awards
MINNEAPOLIS--(BUSINESS WIRE)--Digital estate planning leader Trust & Will earns recognition for a campaign developed in partnership with TV agency Marketing Architects.
Avolon Raises US$1.0 Billion in New Unsecured Bank Facility With Middle East Financial Institutions
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (‘Avolon’), a leading global aviation finance company, announces it has raised US$1.0 billion in a new unsecured dual tranche bank facility (the ‘Facility’) with a syndicate of six banks in the Middle East. The facility will contain a conventional and an Islamic tranche, with a four-year tenor. The transaction builds on the US$750 million credit facility Avolon raised in June 2024, which had significant Middle East bank participation, and establi
Cartesian Growth Corporation III Announces Pricing of Upsized $240 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cartesian Growth Corporation III (the “Company”) announced today the pricing of its initial public offering of 24,000,000 units, upsized from 20,000,000 units, at a price of $10.00 per unit. The units are expected to commence trading on May 2, 2025 on The Nasdaq Stock Market LLC (“Nasdaq”) under the symbol “CGCTU”. The Company’s sponsor is an affiliate of Cartesian Capital Group, LLC, a global private equity firm specializing in providing growth capital to transnation
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)---- $BBN--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Municipal Funds: National Funds Ticker Distribution Declaration- 5/1/2025 Ex-Date- 5/15/2025 Record- 5/15/2025 Payable- 6/2/2025 Ticker Distribution Change From Prior Distribution BlackRock Municipal Income Quality Trust* BYM $0.055500 - BlackRock Long-Term Municipal Advantage Trust* BTA $0.049500 - BlackRock MuniAssets Fund, Inc.* MUA $0.055500 - BlackRock Municipal
LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit with the Schall Law Firm
LOS ANGELES--(BUSINESS WIRE)--LPRO Investors Have Opportunity to Lead Open Lending Corporation Securities Fraud Lawsuit with the Schall Law Firm
SmartStop Celebrates Winning Designs in North American Door Wrap Design Contest
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Celebrates Winning Designs in North American Door Wrap Design Contest
KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-5 (SEMT 2025-5)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 60 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-5 (SEMT 2025-5), a $648.8 million prime RMBS transaction. The pool is comprised of 526 first-lien, fully amortizing fixed rate mortgages with 20-year and 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 780 and moderate borrower equity, with a WA original LTV of 69.5% and WA original CLTV of 69
Cantor Equity Partners II, Inc. Announces Pricing of Upsized $240 Million Initial Public Offering
NEW YORK--(BUSINESS WIRE)--Cantor Equity Partners II, Inc. (Nasdaq: CEPT) (the “Company”) announced today the pricing of its upsized initial public offering of 24,000,000 Class A ordinary shares at $10.00 per share. The shares are expected to be listed on the Nasdaq Global Market under the symbol “CEPT” and begin trading on May 2, 2025. The offering is expected to close on May 5, 2025, subject to customary closing conditions. Cantor Fitzgerald & Co. is acting as the sole book-running manage
KBRA Assigns Preliminary Ratings to PMT Loan Trust 2025-INV5 (PMTLT 2025-INV5)
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage backed notes from PMT Loan Trust 2025-INV5 (PMTLT 2025-INV5), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-INV5 comprises 945 fixed-rate mortgages (FRMs) with an aggregate principal balance of $346.6 million as of the May 1, 2025 cut-off date. The underlying pool consists of agency-eligible loans th
PennyMac Financial Services, Inc. Announces Upsizing and Pricing of Private Offering of $850 Million of Senior Notes
WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--PennyMac Financial Services, Inc. (NYSE: PFSI) and its subsidiaries (the “Company”) today announced the pricing of its previously announced offering of $850 million aggregate principal amount of 6.875% Senior Notes due 2032 (the “Notes”). The offering size was increased from the previously announced offering size of $650 million aggregate principal amount of Notes. The Notes will bear interest at 6.875% per annum and will mature on May 15, 2032. Intere
Simplify Announces Four ETF Closures
NEW YORK--(BUSINESS WIRE)--Simplify is announcing upcoming changes to its ETF product lineup.
KBRA Assigns Preliminary Ratings to OBX 2025-J1 Trust
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage pass-through notes from OBX 2025-J1 Trust, a $328.6 million prime RMBS transaction. The underlying collateral, comprising 276 fixed-rate, fully amortizing loans is characterized by moderate borrower equity, as evidenced by the WA original LTV of 71.9%, and has a WA original credit score of 776. KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model
Simplify Announces Two ETF Closures
NEW YORK--(BUSINESS WIRE)--Simplify is announcing upcoming changes to its ETF product lineup.
Moody’s Corporation to Present at the Barclays Americas Select Franchise Conference on May 7, 2025
NEW YORK--(BUSINESS WIRE)--Moody’s Corporation (NYSE: MCO) announced today that Noémie Heuland, Chief Financial Officer, will speak at the Barclays Americas Select Franchise Conference on Wednesday, May 7, 2025. The presentation will begin at approximately 6:30 a.m. Eastern Time and will be webcast live. The webcast will be accessible at Moody’s Investor Relations website, ir.moodys.com. This event is conducted in compliance with Regulation FD. Senior management may use this content during subs
Distribution Dates and Amounts Announced for Eaton Vance Closed-End Funds
BOSTON--(BUSINESS WIRE)--The following Eaton Vance closed-end funds (the “Funds”) announced distributions today as detailed below. Declaration – 5/1/2025 Ex-Date – 5/13/2025 Record – 5/13/2025 Payable – 5/23/2025 Municipal Bond Funds: Fund Ticker Distribution Change From Prior Distribution Closing Market Price – 4/30/25 Distribution Rate at Market Price Eaton Vance California Municipal Income Trust CEV $0.0500 - $9.76 6.15% Eaton Vance Municipal Income Trust EV
OFS Capital Corporation Announces First Quarter 2025 Financial Results
CHICAGO--(BUSINESS WIRE)--OFS Capital Corporation (Nasdaq: OFS) (“OFS Capital,” the “Company,” “we,” “us,” or “our”) today announced its financial results for the fiscal quarter ended March 31, 2025. FIRST QUARTER FINANCIAL HIGHLIGHTS Net investment income decreased to $0.26 per common share for the quarter ended March 31, 2025 from $0.30 per common share for the quarter ended December 31, 2024. Net loss on investments was $0.80 per common share for the quarter ended March 31, 2025. See additio
Sensus Healthcare Celebrates Skin Cancer Awareness Month by Promoting Awareness and Spotlighting its Patient-Friendly, Non-Invasive Treatments
BOCA RATON, Fla.--(BUSINESS WIRE)--May is Skin Cancer Awareness Month and Sensus Healthcare, Inc. (Nasdaq: SRTS), a medical device company specializing in highly effective, non-invasive, minimally-invasive and cost-effective treatments for oncological and non-oncological skin conditions, is leveraging a wide range of activities to draw attention to the importance of prevention, early detection and treatment of the most common form of cancer that affects millions of people worldwide. Throughout
Webster Announces Increase to Common Stock Repurchase Authorization
STAMFORD, Conn.--(BUSINESS WIRE)--Webster Financial Corporation (“the Company”) (NYSE:WBS), the holding company for Webster Bank, N.A., announced today that its Board of Directors increased the Company’s authority to repurchase shares of its common stock by $700,000,000 under its existing share repurchase program. The repurchase program permits shares to be repurchased in open market or private transactions, through block trades, and pursuant to any trading plan that may be adopted in accordanc
Citizens Financial Group, Inc. Declares Dividends on Preferred Stock
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG) announced that its board of directors has declared the following dividends on its preferred stock payable on July 7, 2025, to preferred shareholders of record at the close of business on June 20, 2025: a quarterly cash dividend of $19.08295278 per share on CFG’s 6.000% Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series B (CUSIP No. 174610AP0); a quarterly cash dividend of $19.47223056 per share on