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Corpay Completes Refinancing and Increases Revolving Credit Facility To $3.7 Billion

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
ATLANTA--(BUSINESS WIRE)--Corpay, Inc. (NYSE: CPAY), the corporate payments and expense management company today announced that it closed an amendment to increase its revolving credit facility by $925 million to $3.7 billion and increase its Term Loan A by $420M to $3.3 billion, both for new 5-year terms. The USD interest rates are 10 basis points lower than the existing facilities. The Company plans to use $1 billion of the proceeds to pay down a portion of its Term Loan B and refinance a port

SRAD INVESTOR ALERT: Robbins Geller Rudman & Dowd LLP Announces that Sportradar Group AG Investors with Substantial Losses Have Opportunity to Lead Class Action Lawsuit

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
SAN DIEGO--(BUSINESS WIRE)---- $SRAD #SRAD--The case alleges Sportradar and certain of its top executives made false and/or misleading statements to investors.

Johnson Fistel Investigates Potential Board Fiduciary Duty Breaches in the Proposed Sale of Kennedy-Wilson Holdings, Inc.

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
SAN DIEGO--(BUSINESS WIRE)---- $KW #KennedyWilson--Shareholder rights law firm Johnson Fistel, PLLP has launched an investigation into whether the board members of Kennedy-Wilson Holdings, Inc. (NYSE: KW) breached their fiduciary duties in connection with the proposed sale of the Company to a consortium led by William McMorrow, Kennedy Wilson’s Chairman and Chief Executive Officer, certain other senior executives of the Company, and Fairfax Financial Holdings Limited.If you own Kennedy Wilson shares and believe this p

Kraken Launches AVAX Staking and Auto Earn, Giving Holders a Simple Way to Put Idle AVAX to Work

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
CHEYENNE, Wyo.--(BUSINESS WIRE)--Kraken is bringing AVAX staking and earning to its global client base (see exceptions below), making it simple for millions of customers to earn rewards on their Avalanche holdings through a platform built on security, scale, and reliability. Clients can start earning in a few clicks, with no technical setup or maintenance required. The services are broken into three flavors. Bonded Staking offers rewards up to 10% APY for a limited time, then up to 7% APY. Auto

Marsh Stockholders Re-Elect Board of Directors During 2026 Meeting

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
NEW YORK--(BUSINESS WIRE)--Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments and management consulting, today announced the results of its 2026 Annual Meeting of Stockholders. Stockholders elected the entire slate of 2026 director nominees for a one-year term expiring at next year’s annual meeting. The 13 directors are: Anthony K. Anderson, Bruce Broussard, John Q. Doyle, H. Edward Hanway, Peter Harrison, Judith Hartmann, Deborah C. Hopkins, Tamara Ing

AM Best Affirms Credit Ratings of Lumen Re Ltd.

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
OLDWICK, N.J.--(BUSINESS WIRE)-- #insurance--AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Lumen Re Ltd. (Lumen Re) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect Lumen Re’s balance sheet strength, which AM Best assesses as strongest, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management (ERM). Lumen Re’s risk-adjusted capita

Tony Arcadi Joins growth[period] as Strategic Client Advisor

Lastest from Businesswire - Thu, 05/21/2026 - 14:38
TYSONS CORNER, Va.--(BUSINESS WIRE)--growth[period], a strategic advisory firm serving public- and private-sector clients at moments of growth, complexity, and transformation, announced Tony Arcadi joined the firm in the role of Strategic Client Advisor. With 28 years of federal technology leadership spanning the U.S. Department of the Treasury and U.S. Department of Justice, Mr. Arcadi joins growth[period] to support clients navigating federal IT modernization, AI adoption, and cybersecurity s

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