-- A group of debt arrangers led by Morgan Stanley and JPMorgan Chase & Co. priced $6.1 billion in high-yield bonds and leveraged loans to support Stone Point Capital and Clayton Dubilier & Rice’s acquisition of Truist Financial Corp.’s insurance business.The group sold $3 billion in bonds Friday concurrently with a $3.
A representative for Morgan Stanley declined to comment. Representatives for JPMorgan, Truist, Stone Point and CD&R didn’t immediately respond to requests for comment. This little-known Japanese company is a key player in the leading-edge chip industry—and that’s setting it up for success amid the AI boom
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Truist Insurance Kicks Off $2.75 Billion Junk Bond Sale for LBOA group of debt arrangers led by Morgan Stanley kicked off marketing on a $2.75 billion high-yield bond that will support Stone Point Capital and Clayton Dubilier & Rice’s acquisition of Truist Financial Corp.’s insurance business.
Source: BNNBloomberg - 🏆 83. / 50 Read more »
Personal Insurance AdvisorThe Personal Insurance Advisor is responsible for processing client requests and providing accurate insurance advice.
Source: tbnewswatch - 🏆 75. / 51 Read more »
FTX expects US to reduce bankruptcy claim to $3 billion to $5 billionCrypto exchange FTX said it expects to negotiate U.S. government claims in its bankruptcy down to $3 billion to $5 billion, leaving no money for shareholders...
Source: YahooFinanceCA - 🏆 47. / 63 Read more »
Conservative-initiated call for ‘carbon tax election’ expected to fail as midwinter supply cycle wraps upWhat’s happening on and off the Hill today, plus the news you need to start your day.
Source: iPoliticsCA - 🏆 36. / 63 Read more »
Calgary film workers union wraps talks on 3-year deal with NetflixIATSE Local 213 president Damian Petti said the deal brings stability and optimism after a year that was marked by labour action.
Source: GlobalCalgary - 🏆 50. / 61 Read more »
RCMP Traffic Services Central seizes two vehicles having no insurancePolice seized two vehicles this week. Yesterday, in Gander, RCMP Traffic Services Central stopped a vehicle on Morgan Drive in Gander. The driver, a 56-year-old man, was operating a vehicle without insurance. On Feb. 28, in Grand Falls-Windsor, RCMP Traffic Services Central stopped a vehicle on Hardy Avenue.
Source: NTVNewsNL - 🏆 54. / 59 Read more »