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KBRA Assigns Preliminary Ratings to ACHD Trust 2025-DS1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to three classes of notes issued by ACHD Trust 2025-DS1 (“ACHD 2025-DS1”), an ABS transaction collateralized by a pool of debt settlement (“DS”) fees associated with enrolled debts from a static pool of DS customers. ACHD 2025-DS1 will issue three classes of notes totaling $217.23 million. The transaction benefits from credit enhancement levels that are sufficient to withstand KBRA’s rating stresses. Credit enhancement is comprised of
Saba Capital Requisitions General Meeting to Deliver Value for Shareholders of Edinburgh Worldwide Investment Trust PLC
LONDON--(BUSINESS WIRE)--Saba Capital Management, L.P. (together with certain of its affiliates, “Saba” or “we”) today announced that it has requisitioned the Board of Directors (the “Board”) of Edinburgh Worldwide Investment Trust PLC (EWI:LSE) (“EWI” or the “Company”) to convene a General Meeting of shareholders (the “General Meeting”). At the General Meeting, shareholders will be asked to vote on resolutions to remove the incumbent Board and appoint three new qualified, independent directors
Ostium Raises $20 Million Series A from General Catalyst & Jump Crypto to Bring Global Markets Onchain
NEW YORK--(BUSINESS WIRE)--Ostium Labs, Co., the developer of the Ostium protocol for perpetual swaps on global markets, today announced $24 million in new funding, including a $20 million Series A round co-led by General Catalyst and Jump Crypto. This follows a previously unannounced $4 million strategic round, bringing Ostium’s total funding to $27.8 million. Ostium enables peer-to-peer trading of traditional markets onchain for the first time, and has seen $25B in cumulative volume to date,
SHARON AI Appoints Mr Ross Barrows As Head of Capital Strategy & Investor Relations
NEW YORK--(BUSINESS WIRE)--SHARON AI, Inc. (“SHARON AI"), Australia’s leading Neocloud, is pleased to announce that highly experienced capital markets and data center analyst Mr Ross Barrows has agreed to join SHARON AI as Head of Capital Strategy & Investor Relations. Mr Barrows has over 25 years’ experience in capital markets and financial services, specializing in digital infrastructure and data centers, having worked in both Australia and the US. He was most recently Head of Technology
KBRA Assigns Preliminary Ratings to Golub Capital Partners ABS Funding 2025-1
NEW YORK--(BUSINESS WIRE)-- #creditratingagency--KBRA assigns preliminary ratings to two classes of debt issued by Golub Capital Partners ABS Funding 2025-1 ("GCPAF 2025-1"), a securitization backed by a portfolio of recurring revenue and middle market corporate loans. GCPAF 2025-1 is a loan securitization managed by GC Investment Management LLC (“GCIM” or the “Collateral Manager”), an investment adviser and affiliate of GC Advisors LLC (collectively, with these affiliates and other funds managed by them and their a
Northstar Financial Joins Crete Professionals Alliance
BEVERLY HILLS, Calif.--(BUSINESS WIRE)--Northstar Financial Advisory, LLC (“Northstar”) has joined forces with Crete Professionals Alliance, the nation’s fastest-growing accounting firm, as recognized by Accounting Today. Known for its specialized focus on Client Accounting Services (CAS), Northstar has built a strong reputation as a boutique provider of fractional CFO, controllership, accounting, and financial operations support, including AP/AR, payroll, reporting, and real-time insights. The
Operation HOPE and HOPE Global Forums Release Landmark 2025 AI Ethics Council Annual Report at Annual Meeting
ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low- and moderate-income Americans thrive in an ever-changing economy, today announced the release of the 2025 Annual Report of its AI Ethics Council (AIEC), marking a historic year of moving from conversation to execution in the pursuit of ethical, inclusive artificial intelligence that serves all communities. The report was announced at the Annual Meeting of the Hope Global Forums in Atlanta this week. Co-chai
UbiRider Achieves PCI DSS Certification, Strengthening Security and Paving the Way for AI-Driven Transit Innovation
PORTO, Portugal--(BUSINESS WIRE)-- #MaaS--UbiRider, the innovator behind the UbiRider Platform, the solution that seamlessly integrates transportation management, fare collection, open payments, passenger information, and data analytics into a single digital system, today announced that it has achieved Payment Card Industry Data Security Standard (PCI DSS) certification. This milestone validates UbiRider’s rigorous approach to payment security for bank cards and mobile wallets — collectively known as o
UBS Appoints Justin Frame to Lead Tucson, Arizona Office
TUCSON, Ariz.--(BUSINESS WIRE)-- #Arizona--Justin Frame has been appointed additional responsibility of the UBS Tucson, Arizona, office.
