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Fubo Closes Exchange of $205.8 Million Existing 3.25% Convertible Senior Notes Due 2026 for Convertible Senior Secured Notes Due 2029
NEW YORK--(BUSINESS WIRE)--FuboTV Inc. (d/b/a Fubo) (NYSE: FUBO), the leading sports-first live TV streaming platform, today announced that it has closed a privately negotiated exchange with Mudrick Capital Management, L.P. and certain of its affiliates and related funds (collectively, “Mudrick”), a holder of its 3.25% convertible senior notes due 2026 (the “Existing Convertible Notes”) pursuant to which Mudrick exchanged (the “Exchange”) $205,835,000 in aggregate principal amount of the Existi
RiverNorth Closed-End Funds Declare Monthly Distributions
WEST PALM BEACH, Fla.--(BUSINESS WIRE)--In accordance with the RiverNorth closed-end funds (the “Funds”) level distribution policies, the distribution rates have been reset for the calendar year 2024, as detailed below. Further, the Funds have declared distributions for January, February, and March 2024. Ex Date Record Date Payable Date January 12, 2024 January 16, 2024 January 31, 2024 February 14, 2024 February 15, 2024 February 29, 2024 March 14, 2024 March 15, 2024 March 28, 2024 Tax-Exempt
Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on January 29, 2024
IRVINE, Calif.--(BUSINESS WIRE)---- $PPBI #PPBI--Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on January 29, 2024
Distribution Dates and Amounts Announced for Certain BlackRock Closed-End Funds
NEW YORK--(BUSINESS WIRE)--Certain BlackRock closed-end funds (the “Funds”) announced distributions today as detailed below. Certain BlackRock municipal Funds previously declared their January and February distributions. Taxable Municipal Fund: Declaration- 1/2/2024 Ex-Date- 1/11/2024 Record- 1/12/2024 Payable- 1/31/2024 Fund Ticker Distribution Change From Prior Distribution BlackRock Taxable Municipal Bond Trust* BBN $0.092900 - Taxable Fixed Income Funds: Declaration- 1/2/2024 Ex-Date- 1/11/
Pinnacle Financial Partners Announces Dates for Fourth Quarter 2023 Earnings Release and Conference Call
NASHVILLE, Tenn.--(BUSINESS WIRE)--Pinnacle Financial Partners, Inc. (Nasdaq/NGS: PNFP) today announced it will release its fourth quarter 2023 financial results on Tuesday, Jan. 16, 2024, after market close. It will also host a live webcast on Wednesday, Jan. 17, at 8:30 a.m. CST to review its financial results, business outlook for the firm and other matters. The fourth quarter 2023 earnings release will be available on the investor relations page of Pinnacle's website at www.pnfp.com. To acc
BlackRock ESG Capital Allocation Term Trust (ECAT) Announces Increase to Distribution Under Managed Distribution Plan
NEW YORK--(BUSINESS WIRE)--BlackRock ESG Capital Allocation Term Trust (NYSE: ECAT, the “Trust”) announced an increase to its monthly distribution amount per share. This change was made in order to better align ECAT’s distribution rate with its total return. ECAT returned 32.3% on market price and 18.1% on net asset value in 20231. This is the second distribution increase since the Trust’s inception on September 27, 2021, after previously announcing a 25% increase in February 2023. BlackRock an
Lazard Global Total Return and Income Fund Announces Monthly Distribution Amount
NEW YORK--(BUSINESS WIRE)--Lazard Global Total Return and Income Fund, Inc. (the "Fund") (NYSE:LGI) is confirming today, as previously authorized by its Board of Directors pursuant to a Managed Distribution Policy, a monthly distribution of $0.10459, equivalent to 7% (annualized) of the Fund's net asset value per share as of the close of markets on December 31, 2023 on the Fund's outstanding common stock. The distribution is payable on January 22, 2024 to shareholders of record on January 11, 2
Davis Polk Welcomes William J. Hochul, Jr. in New York
NEW YORK--(BUSINESS WIRE)--Davis Polk today announced that William J. Hochul, Jr. has joined the firm’s White Collar Defense & Investigations practice in New York as counsel.
Lynne Herndon Named Chief Credit Officer of Western Alliance Bank
PHOENIX--(BUSINESS WIRE)--Western Alliance Bank today announced that Lynne Biggio Herndon has been appointed as the Bank’s new Chief Credit Officer. “We are excited to welcome Lynne to the Western Alliance team,” said Ken Vecchione, president and chief executive officer of Western Alliance Bank. “Her decades of experience managing complex credits and implementing sound risk management practices will complement our already strong credit function and ensure that we maintain our industry leading a
LOPE LOSS ALERT: ROSEN, TRUSTED INVESTOR COUNSEL, Encourages Grand Canyon Education, Inc. Investors to Inquire About Securities Class Action Investigation – LOPE
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 Grand Canyon Education, Inc. (“GCE”) (NASDAQ: LOPE) resulting from allegations that GCE may have issued materially misleading business information to the investing public. SO WHAT: If you purchased GCE securities you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arr
KKR Completes Acquisition of Remaining 37% of Global Atlantic
NEW YORK & HAMILTON, Bermuda--(BUSINESS WIRE)--KKR & Co. Inc. (NYSE: KKR) and The Global Atlantic Financial Group LLC (together with its subsidiaries, “Global Atlantic”) today announced the closing of the previously-announced transaction in which KKR is acquiring the remaining 37% of Global Atlantic, increasing KKR’s ownership to 100%. KKR acquired a majority of Global Atlantic in 2021, and since that time, KKR has served as Global Atlantic’s asset manager, offering access to its global inv
Angel Oak Financial Strategies Income Term Trust Declares January 2024 Distribution
ATLANTA--(BUSINESS WIRE)--Angel Oak Financial Strategies Income Term Trust Declares January 2024 Distribution
Semrush Holdings, Inc. to Present at Needham Growth Conference
BOSTON--(BUSINESS WIRE)--Semrush Holdings, Inc. (NYSE: SEMR), a leading online visibility management SaaS platform, announced today that management will present and host one-on-one investor meetings at the following investor conference: Annual Needham Growth Conference Date: Wednesday, January 17, 2024 Fireside Chat Time: 8:45 – 9:25 a.m. ET Location: New York, NY The conference fireside chats will be available via live audio webcast and archived replay on Semrush’s investor relations website a
RYAM Announces Amendment to Term Loan Credit Agreement
JACKSONVILLE, Fla.--(BUSINESS WIRE)--Rayonier Advanced Materials Inc. (NYSE: RYAM) (the “Company”), the global leader in High Purity Cellulose, today announced that it has reached an agreement with lenders under its Term Loan Credit Agreement to obtain financial covenant relief for the period beginning with the fourth quarter of the Company’s 2023 fiscal year through the end of its 2024 fiscal year. The amendment amends that certain Term Loan Credit Agreement, dated as of July 20, 2023 (the “Te
Labaton Sucharow Announces New Partners and Of Counsel for 2024
NEW YORK--(BUSINESS WIRE)--Labaton Sucharow, one of the world’s leading complex litigation firms representing clients in securities, corporate governance and shareholder rights, and consumer protection and data privacy litigation, as well as alternative dispute resolution, is pleased to announce its 2024 promotions. Guillaume Buell, Melissa H. Nafash, and Jonathan Waisnor have been promoted to Partner, and Joseph Cotilletta promoted to Of Counsel. "We are proud of the significant contributions
MFS Announces Closed-End Fund Distributions
BOSTON--(BUSINESS WIRE)--MFS announces monthly distributions for 10 closed end funds for January 2024.
XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend
CHICAGO--(BUSINESS WIRE)--XAI Octagon Floating Rate & Alternative Income Term Trust (the “Trust”) has declared its regular monthly distribution of $0.085 per share of the Trust’s common shares (NYSE: XFLT). The Trust also declared preferred dividends for the quarter of $0.40625 per share of the Trust’s 6.50% Series 2026 Term Preferred Shares (NYSE: XFLTPRA). The following dates apply to each declaration: Share Class Ex-Dividend Date Record Date Payable Date Amount Change from Previous Decla
E*TRADE from Morgan Stanley Releases Monthly Sector Rotation Study
NEW YORK--(BUSINESS WIRE)--E*TRADE from Morgan Stanley today released the data from its monthly sector rotation study, based on the E*TRADE customer notional net percentage buy/sell behavior for stocks that comprise the S&P 500 sectors. About E*TRADE from Morgan Stanley and Important Notices E*TRADE from Morgan Stanley provides financial services to retail customers. Securities products and services offered by E*TRADE Securities LLC, Member SIPC. Investment advisory services offered by E*TR
Dave George and Jon Sagal Appointed to Bloomin’ Brands Board of Directors
TAMPA, Fla.--(BUSINESS WIRE)--Bloomin’ Brands, Inc. (Nasdaq: BLMN) today announced the appointment of Dave George, former Chief Operating Officer of Darden Restaurants, and Jon Sagal, Partner at Starboard Value LP (together with certain of its affiliates, “Starboard”), to the Company’s Board of Directors, effective immediately. These appointments have been made in connection with a cooperation agreement entered into between the Company and Starboard, which owns approximately 9.7% of the Company
Resolute Investment Managers Announces Strategic Transformation Milestone
IRVING, Texas--(BUSINESS WIRE)--With the completion of its recapitalization, Resolute Investment Managers has enhanced its ability to execute business strategies and drive growth.