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Cherry Hill Mortgage Investment Corporation Announces Common and Preferred Dividends for the Second Quarter 2025

Lastest from Businesswire - Fri, 06/13/2025 - 08:48
TINTON FALLS, N.J.--(BUSINESS WIRE)--Cherry Hill Mortgage Investment Corporation (NYSE: CHMI) today announced that its Board of Directors declared a dividend of $0.15 per share on the Company’s common stock for the second quarter of 2025. The dividend will be payable in cash on July 31, 2025 to holders of the common stock of record as of the close of business on June 30, 2025. Additionally, Cherry Hill announced that its Board of Directors has declared a dividend of $0.5125 per share on the Com

United States 2022-2025 M&A Law Firm Hourly Rate Report: Focus on Mergers & Acquisitions, Capital Markets, and Private Equity Practice for the AMLAW 10 to AMLAW 200 - ResearchAndMarkets.com

Lastest from Businesswire - Fri, 06/13/2025 - 08:48
DUBLIN--(BUSINESS WIRE)--The "Valeo 2022-2025 M&A Law Firm Hourly Rate Report" report has been added to ResearchAndMarkets.com's offering. The 2022 - 2025 M&A Law Firm Hourly Rate Report details the hourly rates of the pre-eminent Deal Law Firms in the US. Hourly rates in the M&A market are the perennial leaders due to the nature of deals - legal fees paid in-full when the merger completes so no lengthy billing process, both sides want the deal done and are therefore non-adversarial

Citizens Financial Group, Inc. Announces an Increase in Common Share Repurchase Authorization to $1.5 billion

Lastest from Businesswire - Fri, 06/13/2025 - 08:48
PROVIDENCE, R.I.--(BUSINESS WIRE)--Citizens Financial Group, Inc. (NYSE: CFG or the “Company”) today announces that its board of directors has increased the capacity of the Company’s common share repurchase program to $1.5 billion, an increase of $1.2 billion above the $300 million of capacity currently remaining under the prior June 2024 authorization. “We are pleased to report that our Board has approved an increase to our share repurchase authorization. The authorization reflects confidence

Quinbrook Strengthens Leadership Structure to Support Future Growth

Lastest from Businesswire - Fri, 06/13/2025 - 08:48
NEW YORK--(BUSINESS WIRE)--Quinbrook announces new global CEO and Regional Leader for North America, strengthening its leadership structure to support future growth.

Kennedy Wilson’s Investment Management Platform Acquires 265-Unit Multifamily Community in Seattle, Washington for $173 Million

Lastest from Businesswire - Fri, 06/13/2025 - 08:48
BEVERLY HILLS, Calif.--(BUSINESS WIRE)---- $KW--Global real estate investment company Kennedy Wilson has partnered with Kenedix, Inc. and Hulic Co., Ltd. to acquire The Danforth in Seattle for $173 million. The 265-unit multifamily community with Whole Foods as the sole ground-floor tenant builds on Kennedy Wilson’s significant multifamily presence in the Pacific Northwest that totals more than 13,000 market rate and affordable apartment units. “Given our 30-year history in Japan, we are proud to conti

Lone Star Announces Sale of novobanco to BPCE

Lastest from Businesswire - Fri, 06/13/2025 - 05:48
LUXEMBOURG & DALLAS & NEW YORK & LONDON & TOKYO--(BUSINESS WIRE)--Nani Holdings S.à. r.l., an affiliate of Lone Star Funds (“Lone Star”), today announced that it has signed a Memorandum of Understanding for the sale of Novo Banco, S.A. (“novobanco” or “the bank”), Portugal’s fourth-largest bank, to BPCE, a leading European banking institution, for a cash consideration payable at closing which values 100% of the share capital at an estimated €6.4 billion as of end 2025. This transaction marks th

Fifth Third Bancorp Announces Cash Dividends

Lastest from Businesswire - Thu, 06/12/2025 - 20:48
CINCINNATI--(BUSINESS WIRE)--Today, Fifth Third Bancorp announced the declaration of cash dividends on its common shares, Series H preferred shares, Series I preferred shares, Series J preferred shares, Series K preferred shares, Series L preferred shares, and Class B Series A preferred shares. Fifth Third Bancorp (Nasdaq: FITB) today declared a cash dividend on its common shares of $0.37 per share for the second quarter of 2025. The dividend is payable on July 15, 2025 to shareholders of recor

KBRA Assigns Preliminary Ratings to OWN Equipment Fund II LLC

Lastest from Businesswire - Thu, 06/12/2025 - 20:48
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by OWN Equipment Fund II LLC (OWN or the Issuer), an equipment rental ABS transaction. The transaction represents EquipmentShare.com Inc’s (EQS, Company, Equipment Manager or Co-Sponsor) third equipment rental ABS transaction as Equipment Manager and second as Co-Sponsor. The other co-sponsor will be OWN Tactical Equipment II LLC (OWN Tactical or Managing Investor), a newly formed HoldCo managed by MidO

KBRA Assigns Preliminary Ratings to PMT Loan Trust 2025-J1 (PMTLT 2025-J1)

Lastest from Businesswire - Thu, 06/12/2025 - 20:48
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 62 classes of mortgage-backed notes from PMT Loan Trust 2025-J1 (PMTLT 2025-J1), a prime RMBS transaction sponsored by PennyMac Corp. (PennyMac), an indirect, wholly-owned subsidiary of PennyMac Mortgage Investment Trust (PMT). PMTLT 2025-J1 comprises 271 residential mortgages with an aggregate principal balance of $339.1 million as of the June 1, 2025 cut-off date. The underlying collateral consists entirely of 30-year fixed-rate m

Byline Bancorp, Inc. Announces Closing of Secondary Public Offering of Common Stock and Concurrent Share Repurchase

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
CHICAGO--(BUSINESS WIRE)--Byline Bancorp, Inc. (“Byline” or the “Company”) (NYSE: BY) announced today the closing of the previously announced public offering (the “Secondary Offering”) of a total of 4,282,210 shares of the Company’s common stock (the “Offered Shares”) by the Estate of Daniel L. Goodwin (the “Estate”) and Equity Shares Investors, LLC, an affiliate of the Estate, as selling stockholders of the Company (the “Selling Stockholders”), at a public offering price of $24.75 per share. T

KBRA Assigns Preliminary Ratings to OneMain Financial Issuance Trust 2025-1

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
NEW YORK--(BUSINESS WIRE)-- #KBRA--KBRA assigns preliminary ratings to four classes of notes issued by OneMain Financial Issuance Trust 2025-1 (“OMFIT 2025-1”), a consumer loan ABS transaction. OMFIT 2025-1 will issue four classes of notes totaling $600.0 million. The preliminary ratings reflect initial credit enhancement levels ranging from 35.25% for the Class A notes to 11.45% for the Class D notes. Credit enhancement is comprised of overcollateralization, subordination of junior note classes (excep

KBRA Assigns Ratings to Fidelity Private Credit Fund's $210 Million Senior Unsecured Notes

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to Fidelity Private Credit Fund's ("FPCF" or "the company") $105 million, 6.15% senior unsecured notes due 2028 and its $105 million, 6.50% senior unsecured notes due 2030. The rating Outlook is Stable. Key Credit Considerations The ratings and Stable Outlook are supported by FPCF's ties to Fidelity Diversifying Solutions LLC, the company's registered investment adviser ("Adviser") and an affiliate of FMR LLC ("Fidelity" or "FMR"). Fidelit

Generational Group Advises UK Abrasives, Inc. in its Sale to GNPGraystar

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of UK Abrasives, Inc. to GNPGraystar, a subsidiary of SurfacePrep. The acquisition closed May 9, 2025. Based in Northbrook, Illinois, UK Abrasives, Inc. is an advanced materials engineering company specializing in the manufacture and global distribution of electro-furnace-produced Boron Carbide (B4C) powders, Synthetic Diamond powders, Boro

Chemours Appoints Matthew Conti as Chief Human Resources Officer

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
WILMINGTON, Del.--(BUSINESS WIRE)---- $CC--Chemours Appoints Matthew Conti as Chief Human Resources Officer

FB Financial and Southern States Receive Final Regulatory Approvals for Merger

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
NASHVILLE, Tenn. & ANNISTON, Ala.--(BUSINESS WIRE)---- $FBK--FB Financial Corporation (“FB Financial”) (NYSE: FBK), the parent company of FirstBank, and Southern States Bancshares, Inc. (“Southern States”) (Nasdaq: SSBK), the parent company of Southern States Bank, jointly announced today that they have received all regulatory approvals needed to complete the proposed merger of Southern States with and into FB Financial. “We’re pleased to have received swift regulatory approval for the merger between FB

Rosen Law Firm Encourages GeneDx Holdings Corp. Investors to Inquire About Securities Class Action Investigation – WGS

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a global investor rights law firm, announces an investigation of potential securities claims on behalf of shareholders of GeneDx Holdings Corp. (NASDAQ: WGS) resulting from allegations that GeneDx may have issued materially misleading business information to the investing public. So What: If you purchased GeneDx securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.

KBRA Expands Global Footprint With Opening of First Asia-Pacific Office in Tokyo

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA, a global full-service credit rating agency, is pleased to announce a key milestone in its continuing international expansion: the opening of a new office in Tokyo, Japan. As the company’s first outpost in the Asia-Pacific region, KBRA’s new base in Tokyo reflects the firm’s exponential growth over the last few years as a global thought leader, innovator, and first mover in the ratings of private credit and fund finance instruments. This, in turn, has led KBRA to

Redwood Trust Announces Second Quarter 2025 Common and Preferred Dividends

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
MILL VALLEY, Calif.--(BUSINESS WIRE)--Redwood Trust, Inc. (NYSE: RWT; “Redwood” or the “Company”), a leader in expanding access to housing for homebuyers and renters, today announced that its Board of Directors (the “Board”) has declared second quarter 2025 common and preferred stock dividends. Common Stock Dividend The Board has authorized the declaration of a second quarter 2025 regular common stock dividend of $0.18 per share, unchanged from the first quarter of 2025. This marks the Company'

Teradata Appoints Scot Rogers as Chief Administrative Officer

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
SAN DIEGO--(BUSINESS WIRE)--Teradata announced the appointment of Scot Rogers as Chief Administrative Officer.

Element Solutions Inc to Participate in Wolfe Research 2nd Annual Materials of the Future Conference

Lastest from Businesswire - Thu, 06/12/2025 - 17:48
MIAMI--(BUSINESS WIRE)--Element Solutions Inc (NYSE: ESI) announced today that Benjamin Gliklich, Chief Executive Officer, will participate in a fireside chat and Q&A session at the Wolfe Research 2nd Annual Materials of the Future Conference in New York, NY on Tuesday, June 17, 2025 at 12:55 p.m EST. A live audio webcast of the discussion and replay will be made available in the Investors section of www.elementsolutionsinc.com. About Element Solutions Inc Element Solutions Inc is a leading

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