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Franklin Resources, Inc. Announces Preliminary Month-End Assets Under Management

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
SAN MATEO, Calif.--(BUSINESS WIRE)--Franklin Resources, Inc. (Franklin Templeton) (NYSE: BEN) today reported preliminary month-end assets under management (AUM) of $1.64 trillion at August 31, 2025, compared to $1.62 trillion at July 31, 2025. This month’s AUM reflected the positive impact of markets partially offset by preliminary long-term net outflows of $3 billion, including the funding of a $6 billion fixed income mandate. Preliminary long-term net outflows also include $7 billion of long-

Goldman Sachs BDC, Inc. Prices Public Offering of $400 Million of 5.650% Unsecured Notes Due 2030

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
NEW YORK--(BUSINESS WIRE)--Goldman Sachs BDC, Inc. (the “Company”) (NYSE: GSBD) announced today that it has priced an offering of $400 million aggregate principal amount of 5.650% notes due 2030 (the “2030 Notes”). The 2030 Notes will mature on September 9, 2030 and may be redeemed in whole or in part at the Company’s option at any time at par plus a “make-whole” premium, if applicable. The Company intends to use the net proceeds of this offering to pay down debt under its revolving credit faci

BILL Committed to Driving Sustainable, Long-Term Growth and Value Creation for All Shareholders

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
SAN JOSE, Calif.--(BUSINESS WIRE)--BILL (NYSE: BILL), a leading financial operations platform for small and midsize businesses (SMBs), today issued the following statement: The BILL Board of Directors and management team, which includes BILL’s founder and one of its largest shareholders, are committed to driving sustainable, long-term growth and value creation. As recently reported, our strategic execution is delivering positive performance despite the challenging macro environment for SMBs. We

Euclid raises $20M Series A led by Venrock to accelerate renewable energy projects with its AI-driven platform and services

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
NEW YORK--(BUSINESS WIRE)--Euclid Power, the operating system for renewable energy project development, financing, and operations, today announced a $20 million Series A round led by Venrock, with participation from HSBC Asset Management and existing investors including Spero Ventures, Toba Capital, Designer Fund, and Commonweal Ventures. The raise comes as surging energy demand from AI strains an already stressed grid, while new federal compliance rules threaten to slow the renewable deploymen

Smart Banking With RCU’s New Benefits Checking

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
SANTA ROSA, Calif.--(BUSINESS WIRE)-- #RCU--Redwood Credit Union’s recently launched Benefits Checking isn’t just a checking account—it’s a comprehensive protection package that offers peace of mind in moments people need it most. It’s added protection when your child has a fever in the middle of the night, you get a flat tire, or you drop your phone. It’s there when you need help rebuilding your credit, or someone you don’t know attempts to open an account in your name. Whether it’s a shattered phone

Hilton Global Associates Inc. Ranks No. 885 on the 2025 Inc. 5000 List of America’s Fastest-Growing Private Companies

Lastest from Businesswire - Thu, 09/04/2025 - 21:30
NEW YORK--(BUSINESS WIRE)-- #BusinessGrowth--Hilton Global Associates Inc. (“Hilton Global”), a leading provider of investigative due diligence and strategic research solutions, today announced its placement at No. 885 on the 2025 Inc. 5000, Inc.’s annual list of the fastest-growing private companies in America. The Inc. 5000 list is a prestigious editorial award that highlights the most successful and dynamic privately held companies in the United States. Businesses such as Microsoft, Meta, and Patagonia first

Avolon Announces Pricing of US$1.25 Billion Senior Unsecured Notes Offering

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
DUBLIN--(BUSINESS WIRE)--Avolon Holdings Limited (“Avolon”), a leading global aviation finance company, announces the pricing of a private offering (the “Offering”) by its wholly owned subsidiary, Avolon Holdings Funding Limited (“AHFL”), for a principal aggregate amount of US$1.25 billion of 4.950% senior unsecured notes due 2032 (the “Notes”). The Notes will be fully and unconditionally guaranteed by Avolon, and by certain of its subsidiaries. The Offering is expected to close on or about 11

KBRA Releases Research – Private Credit: Business Development Company (BDC) Ratings Compendium: Second-Quarter 2025

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA releases its Business Development Company Ratings Compendium, which looks at results for the quarter ended June 30, 2025. In this quarter’s Compendium, KBRA reviews the financial performance of KBRA-rated BDCs in a competitive environment characterized by tighter spreads, elevated repayment activity in the upper middle market—driven by strength in the broadly syndicated loan (BSL) market—solid but slowing capital formation, and a modest pickup in mergers and acqu

KBRA Assigns Preliminary Ratings to OBX 2025-J2 Trust

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 76 classes of mortgage pass-through notes from OBX 2025-J2 Trust, a $304.4 million prime RMBS transaction. The underlying collateral, comprising 241 fixed-rate, fully amortizing loans is characterized by moderate borrower equity, as evidenced by the WA original LTV of 73.1%, and has a WA original credit score of 784. KBRA’s rating approach incorporated loan-level analysis of the mortgage pool through its Residential Asset Loss Model

ExchangeRight Appoints Jeff Noblin as Senior Vice President of the South Central Region

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
PASADENA, Calif.--(BUSINESS WIRE)-- #1031exchange--ExchangeRight has announced that Jeff Noblin has joined the firm as senior vice president of the South Central region. In this role, Noblin will partner with financial advisors and representatives across Texas, Oklahoma, Louisiana, and Arkansas to deepen relationships and provide access to ExchangeRight’s Essential Income REIT and 1031 DST portfolios, which are designed to deliver capital preservation, stable income, and tax-efficient solutions. Noblin brings

The Aleo Network Foundation and Request Finance Partner to Launch First Private Crypto Payroll

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
SAN FRANCISCO--(BUSINESS WIRE)--The Aleo Network Foundation, the nonprofit corporation that oversees the health of the ALEO Network, a privacy and compliance infrastructure that powers secure, programmable, worldwide payments, today announces a partnership with Request Finance, the crypto payroll platform with over $1B in transactions and trusted by leading accounting firms, including the likes of Deloitte and PwC. Together, they will provide Web2 and Web3 companies with access to borderless, d

Leadership Under Pressure in Higher Ed: New Book Equips Academic Leaders With Practical Tools

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
BOSTON--(BUSINESS WIRE)--As studies show over 60% of university leaders face burnout or plan to step down within five years, a new book offers practical, evidence-based solutions to the challenges of disruption and uncertainty in the sector. The Empowered Leader: Tools to Thrive in Higher Education Leadership by Jennifer K. (Jenny) Stine, Ph.D., is now available in paperback and digital formats. Part handbook, part call to action, The Empowered Leader reframes leadership as a practice of alignm

Ametros Appoints Shawn Deane as General Counsel

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
WILMINGTON, Mass.--(BUSINESS WIRE)--Ametros, the industry leader in professional administration of medical insurance claims settlements and a division of Webster Bank, N.A., has announced the return of Shawn Deane as General Counsel. Deane, who also serves as Managing Director at Webster Bank, will oversee Ametros’ legal, regulatory, and compliance operations as part of its executive leadership team. Deane previously held a leadership role with Ametros and brings nearly 20 years of experience i

SmartStop Self Storage REIT, Inc. Expands New York MSA Footprint With Class A Self-Storage Acquisition

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
LADERA RANCH, Calif.--(BUSINESS WIRE)--SmartStop Self Storage REIT, Inc. (“SmartStop”) (NYSE: SMA), an internally managed real estate investment trust and a premier owner and operator of self-storage facilities in the United States and Canada, announced the acquisition of a Class A self-storage facility located at 2255 Elizabeth Avenue in Rahway, New Jersey. The property spans approximately 53,450 net rentable square feet in a modern, four-story building. It offers approximately 550 climate-con

KBRA Assigns Preliminary Ratings to Sequoia Mortgage Trust 2025-9 (SEMT 2025-9)

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to 67 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2025-9 (SEMT 2025-9), a $595.3 million prime RMBS transaction. The pool is comprised of 486 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 779 and moderate borrower equity, with a WA original LTV of 72.0% and WA original CLTV of 72

Rosen Law Firm Announces Investigation Into Disney’s Potential Violation Of Children’s Privacy Rights

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
NEW YORK--(BUSINESS WIRE)--Why: Rosen Law Firm, a leading national law firm, announces that is investigating allegations that Disney violated the COPPA (Children’s Online Privacy Protection Act) by collecting personal data from children watching Disney videos on YouTube, without parental notice or consent, and then using the data collected from those children to serve them targeted ads. So What: If your child under 13 has viewed Disney videos on YouTube, they may be entitled to compensation wit

CB Financial Services, Inc. Authorizes New Stock Repurchase Program of up to $5 Million

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
WASHINGTON, Pa.--(BUSINESS WIRE)--CB Financial Services, Inc. (the “Company”) (NASDAQ: CBFV), the holding company for Community Bank, announced today a program to repurchase up to $5 million of the Company’s outstanding shares of common stock. Based on the Company’s closing stock price on September 3, 2025, the repurchase program, if fully completed, would encompass 153,233 shares, or approximately 3.1% the shares currently outstanding. The repurchase program will terminate on September 30, 202

TPG RE Finance Trust, Inc. Announces Share Repurchase Program

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
NEW YORK--(BUSINESS WIRE)--TPG RE Finance Trust, Inc. (NYSE: TRTX) (“TRTX” or the “Company”) today announced that the Company’s board of directors has approved a new share repurchase program (the “Program”) pursuant to which the Company is authorized to repurchase up to $25.0 million of the Company’s common stock. The Program authorizes the repurchase of common stock from time to time on the open market or in privately negotiated transactions, including under 10b5-1 plans. The Program succeeds

Wisetack Secures a Committed Capital Partnership with Group 1001 Insurance, Enhancing Financing for Home Services

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
SAN FRANCISCO--(BUSINESS WIRE)--Wisetack, the leading platform for embedded pay-over-time options for in-person services, today announced a new forward flow capital partnership with Group 1001. Under the agreement, Group 1001 will purchase home services and home improvement loans originated through Wisetack technology and its network of merchants and SaaS partners. This transaction provides a significant capital commitment that enables Wisetack to offer competitive terms to borrowers and create

Kay Properties Holds Inaugural Investor Conference for DST, 1031, and 721 Exchange UPREIT Investors

Lastest from Businesswire - Thu, 09/04/2025 - 18:30
TORRANCE, Calif.--(BUSINESS WIRE)--Kay Properties, a national leader in Delaware Statutory Trusts (DSTs) and 1031 exchange solutions, hosted nearly 150 accredited investors at its Annual Kay Investor Day Conference in Torrance, California. The event attracted participants from across the country seeking insights into passive real estate investing, DST, 1031, and 721 UPREIT strategies, and estate planning. The conference featured expert panels, sponsor presentations, and hands-on workshops. Atte

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