Kaspi.kz successfully issued $600 million of 5.9% senior unsecured notes due in 2031, with strong demand from about 130 institutional investors, resulting in a 3.5 times oversubscription. This marks their second bond issuance since achieving investment-grade status, aimed at strengthening liquidity and supporting corporate growth, including expansion in Kazakhstan and Türkiye. The notes were led by Citigroup and J.P. Morgan and will be sold to qualified institutional buyers in the U.S. and internationally. Kaspi.kz continues to leverage its Super App model to serve millions of consumers and merchants, reinforcing its market leadership and innovation in digital services.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
Crypto investigator ZachXBT criticized all current hardware wallets as insecure and unreliable for signing transactions or storing significant funds. He highlighted Ledger as particularly problematic due to frequent updates that disrupt basic functio...
