Life & Banc Split Corp. completed a treasury offering of preferred shares, raising approximately $76.4 million. The preferred shares, priced at $10.50 each with a 6.9% yield, will continue trading on the Toronto Stock Exchange under the symbol LBS.PR.A. The Fund invests equally in the six largest Canadian banks and four major Canadian life insurance companies, offering investors exposure to these stable sectors. This capital raise supports the Fund's ongoing investment strategy and income distribution to shareholders.
KKR & Co. Inc. is spearheading a significant A$400 million financing deal for Ampol Limited, showcasing its strong global investment strategy and robust asset management. Despite Bank of Montreal lowering KKR's price target to $112 from $120, the fir...
Alterra IOS closed a $400 million refinancing deal led by Truist and KeyBank, using an equity pledge structure instead of traditional mortgages. The financing covers 99 industrial outdoor storage properties across 27 states, totaling 551 acres and 2....
