The New York-based manager received a one-year extension, with an additional 12-month extension option.
2 min read · 17 May 2023
The opportunity is driven in part by what is going on in the debt markets, with financing more difficult to line up for sponsors than in years past.
4 min read · 11 May 2023
However, some institutions believe equity deals still are more attractive than debt investments in multiple respects.
2 min read · 10 May 2023
Higher interest rates could also stall efforts to refinance maturing debt.
4 min read · 04 May 2023
Federal Reserve chair Jerome Powell also indicated a wait-and-see approach to future increases.
3 min read · 04 May 2023
Cities including New York, Los Angeles, Portland, Seattle, Pittsburgh and Washington, DC, have adopted strategies that will move them toward a carbon-neutral future.
9 min read · 03 May 2023
A 25 basis point increase would be a rise in the Federal Funds target rate from its current level of 4.75-5% to 5-5.25%.
2 min read · 03 May 2023
One lesson learned from the global financial crisis was that there needs to be a strict chain of control over cash management accounts.
4 min read · 02 May 2023
The Federal Deposit Investment Corp seized the bank and sold control of it to JPMorgan on May 1.
3 min read · 01 May 2023
