Encore Capital Group priced an upsized €325 million senior secured floating rate notes offering due 2033, with a coupon of three-month EURIBOR plus 3.25%. The proceeds will be used to redeem €215 million of outstanding 2028 notes, repay revolving credit facility drawings, and cover offering expenses. This refinancing follows a recent $750 million senior secured notes offering due 2032 aimed at redeeming higher-interest debt. The company maintains its 2026 financial guidance despite these transactions, which improve its debt maturity profile and reduce interest costs.
Champ AI has emerged from stealth with an $8.5 million funding round led by Redpoint Ventures to revolutionize enterprise operations automation. The company’s platform uses AI agents to automate labor-intensive tasks across browsers, phone calls, and...
Old National Bank has introduced 'Team Old National,' a group of golf ambassadors including PGA TOUR player Michael Brennan and top-ranked amateur Kiara Romero. This initiative aims to boost the bank's visibility and community engagement through golf...
Epson introduced the WorkForce Enterprise AM-C10000, a premium A3 color inkjet multifunction printer designed for high-volume office environments. It offers fast printing speeds of up to 100 pages per minute and scanning speeds up to 120 images per m...
Manulife Financial Corporation announced quarterly dividends on its non-cumulative preferred shares, payable on or after June 19, 2026, to shareholders of record as of May 29, 2026. The dividend amounts vary by share series, ranging from approximatel...
Manulife's Board of Directors announced a quarterly dividend of C$0.485 per common share, payable on June 19, 2026, to shareholders of record as of May 29, 2026. The company will buy common shares on the open market for its Canadian and U.S. Dividend...
