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KBRA Assigns Rating to FS KKR Capital Corp.'s $400 Million Senior Unsecured Notes due January 15, 2031
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns a rating of BBB to FS KKR Capital Corp.'s (NYSE: FSK or "the company") $400 million, 6.125% senior unsecured notes due January 15, 2031. The notes will be swapped for SOFR +274.75 bps. The rating Outlook is Stable. The proceeds will be used for general corporate purposes. Key Credit Considerations The rating is supported by FSK’s affiliation with KKR & Co.’s (“KKR”) $648 billion AUM investment platform, including its $261 billion credit platform (“KKR
Valmark Financial Group Wins Box’s SMB AI Disruptor Award
SAN FRANCISCO--(BUSINESS WIRE)--Valmark Financial Group has been named the SMB AI Disruptor Award winner at Box’s 15th annual BoxWorks conference. Valmark was one of three finalists recognized and received the award during the BoxWorks closing keynote on September 11, 2025. Box’s customer awards at BoxWorks have recognized innovation for 15 years, with past recipients ranging from emerging companies to members of the Fortune 500. The SMB AI Disruptor Award, introduced in 2025, recognizes organi
Carol Stone of Coastal States Bank Inducted into the Home Builders Association of Georgia Hall of Fame
ATLANTA--(BUSINESS WIRE)--Coastal States Bank (“CSB”) is proud to announce that Carol Stone, Senior Vice President and Commercial Lender, has been inducted into the Home Builders Association of Georgia Hall of Fame. This prestigious honor recognizes individuals who have made significant contributions to the home building industry and demonstrated outstanding commitment to Georgia’s home building community. The Home Builders Association of Georgia established its Hall of Fame to honor industry l
AM Best Affirms Credit Ratings for Members of Ally Insurance Group
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a” (Excellent) for the members of Ally Insurance Group (Ally Insurance). The members include Motors Insurance Corporation and its reinsured subsidiaries, MIC Property and Casualty Insurance Corporation and CIM Insurance Corporation, as well as an affiliate, Ally International Insurance Company Ltd. (AIICL). All companies are domiciled in Detroit, MI, ex
Morgan Stanley Investment Management Debuts Tax Forward Investing Center
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management (MSIM) announced today the introduction of its Tax Forward Investing Center, an online educational platform designed to demystify investment tax management. The first-of-its-kind Tax Forward Investing Center features live and on-demand continuing education courses that can help financial advisors understand the investment tax management universe. The Tax Forward Investing Center also provides access to tools, featured insights and
Morgan Stanley Investment Management Announces Liquidation of Calvert US Select Equity ETF (CVSE)
NEW YORK--(BUSINESS WIRE)--Morgan Stanley Investment Management, Inc. today announced the upcoming liquidation of Calvert US Select Equity ETF (CVSE) (the “Fund”), a series of Morgan Stanley ETF Trust (the “Trust”). The Board of the Trust approved a Plan of Liquidation with respect to the Fund. Pursuant to the Plan of Liquidation, the assets of the Fund will be liquidated, known or reasonably ascertainable liabilities of the Fund will be satisfied or provided for, the remaining proceeds will be
CookUnity’s Climate Week Experience Connects Wellness, Sustainability, & AI
BROOKLYN, N.Y.--(BUSINESS WIRE)--This September, CookUnity returns to Climate Week NYC with a special rooftop experience exploring the intersection of wellness, sustainability, and culinary innovation.“Wellness at CookUnity: Better for You, Better for the Planet”, will bring together chefs, nutritionists, sustainability leaders, and technologists for an afternoon of dialogue, inspiration, and delicious discovery. As part of Climate Week, this invite-only event will highlight how thoughtful ingr
Siebel Scholars Foundation Announces Class of 2026
REDWOOD CITY, Calif.--(BUSINESS WIRE)--The Siebel Scholars Foundation today announced the recipients of the 2026 Siebel Scholars award. Now in its 25th year, the Siebel Scholars program annually recognizes nearly 80 exceptional students from the world’s leading graduate schools of business, computer science, and bioengineering. The 78 distinguished students of the Class of 2026 join past Siebel Scholars classes to form an unmatched professional and personal network of more than 2,000 scholars,
Striking Out Cancer: Virtual, Inc. and Team Russo Make a Difference at Fenway
WAKEFIELD, Mass.--(BUSINESS WIRE)--Virtual, Inc. continues longstanding support for cancer research as a major sponsor of Jimmy Fund Day at Fenway on Sept 20.
Nexus Announces $220 Million of New Funding and Energy Offtaker for Project Goody
PLANO, Texas--(BUSINESS WIRE)--Nexus Renewable Power Announces $220 Million of New Funding and Energy Offtaker for Project Goody
Blackstone Real Estate Announces Key Leadership Appointments
NEW YORK--(BUSINESS WIRE)--Blackstone (NYSE: BX) today announced several senior leadership updates within its Real Estate business. BREIT and Core+ Leadership Katie Keenan has been appointed Chief Executive Officer and a Director of Blackstone Real Estate Income Trust, Inc. (“BREIT”) and Global Head of the Core+ Real Estate business. She succeeds Wesley M. LePatner, who served in both roles until her tragic passing on July 28, 2025. Ms. Keenan is a long-tenured Blackstone executive and has held
Octagon Expands Private Credit Capabilities with Strategic Hires
NEW YORK--(BUSINESS WIRE)--Octagon Credit Investors (“Octagon”), a leading credit-focused asset manager, today announced the expansion of its private credit platform with the appointment of Sean Sullivan as Managing Director and Head of Private Credit, and Michael Ahrens, who will join the firm on September 22nd as Principal. The formation of a dedicated team represents a significant step in the build-out of Octagon’s Private Credit business, which focuses on senior secured loans to upper middl
Fifth Third Bancorp Announces Redemption of Series L Preferred Stock
CINCINNATI--(BUSINESS WIRE)--Fifth Third Bancorp (Nasdaq: FITB) today announced that it has submitted a redemption notice to the Depositary for redemption of (1) all of its outstanding 4.500% Fixed-Rate Reset Non-Cumulative Perpetual Preferred Stock, Series L (CUSIP 316773DC1) (the “Series L Preferred Stock”), and (2) all outstanding receipts evidencing depositary shares representing the Series L Preferred Stock (CUSIP No. 316773DB3) (the “Depositary Shares”). The Series L Preferred Stock will
Empery Digital Secures Additional Capital to Fund Share Repurchases
AUSTIN, Texas--(BUSINESS WIRE)-- #btc--Empery Digital Inc. (NASDAQ: EMPD) (the “Company” or “Empery Digital”) today announced that it has increased its previously announced committed borrowing facility from $25 million to $35 million (the “Borrowing Facility”). Additionally, the Company entered into a $50 million borrowing pursuant to a Master Repurchase Agreement with a term of approximately one year (the “Repurchase Agreement”) that will be funded within five business days. The amount borrowed pursu
Forge Global Announces the 2025 Edition of the Private Magnificent 7, Now Representing Over a Trillion in Value
SAN FRANCISCO--(BUSINESS WIRE)--Forge Global Holdings, Inc. (“Forge”), a leading provider of marketplace infrastructure, data services, and technology and investment solutions for the private market, today announced the 2025 edition of the Private Magnificent 7 (“Private Mag 7”), reflecting the extraordinary surge in private market valuations and the rising dominance of artificial intelligence and frontier technologies that have pushed the private market to new heights. This year’s refreshed li
Treasury Partners Founder Richard Saperstein Named to the Barron’s 2025 Top 100 Independent Advisors List
NEW YORK--(BUSINESS WIRE)--Hightower’s Treasury Partners, a wealth management team based in New York City, today announced that Founder and Chief Investment Officer Richard Saperstein has been named to the 2025 Barron’s Top 100 Independent Advisors list. Saperstein ranked #2 on the list, which recognizes the nation’s top independent wealth managers. He is also a Barron’s Hall of Fame advisor. Treasury Partners provides a wide range of financial services for clients, including wealth management,
ASA Gold and Precious Metals Limited Announces Distribution Declaration
PORTLAND, Maine--(BUSINESS WIRE)--ASA Gold and Precious Metals Limited (the “Company”) (NYSE: ASA) declared a distribution of $0.03 per common share of the Company. The distribution is payable on November 19, 2025 to shareholders of record as of the close of business on November 12, 2025. The Company has paid periodic distributions on an uninterrupted basis since 1959. The Company is a non-diversified, closed-end fund that seeks long-term capital appreciation primarily through investing in comp
Validated Insights Issues Report Update: Trade School Enrollments to Continue Strong Growth, Driven by Gen Z
CHICAGO--(BUSINESS WIRE)-- #ed--Validated Insights' newest report on trade school enrollments finds Gen Z is driving growth, with alternative providers benefitting the most.
Mark R. DeFazio Honored at Grand Opening of Boro Park JCC Community Center
NEW YORK--(BUSINESS WIRE)-- #mcb--Mark R. DeFazio, Founder, President & CEO of Metropolitan Commercial Bank (NYSE: MCB), was honored at the grand opening of the new Boro Park Jewish Community Council (BPJCC) Community Center in Boro Park, Brooklyn. The event marked a major milestone for the organization and celebrated the unveiling of a new facility that will significantly expand BPJCC’s ability to serve a broad cross-section of the local community. Metropolitan Commercial Bank played a pivotal ro
Persistent gaps in risk and adaptation strategies remain amid rising climate hazards
NEW YORK--(BUSINESS WIRE)--New research published today by Marsh, the world’s leading insurance broker and risk advisor and a business of Marsh McLennan (NYSE: MMC), reveals that while there is widespread acknowledgment of climate risks, organizations are not conducting comprehensive cost-benefit analyses to justify further adaptation investments. This is resulting in significant gaps between the outcome of climate risk assessments and adaptation strategies. Marsh’s 2025 Climate Adaptation Surv
