Renasant Corporation announced the pricing of $300 million in subordinated notes due 2036, featuring a 6.25% fixed interest rate until 2031, then switching to a floating rate tied to SOFR plus 245 basis points. The notes qualify as Tier 2 capital and proceeds will support general corporate needs, including redeeming existing notes. The offering is expected to close on May 7, 2026, and is managed by Keefe, Bruyette & Woods and others. This move strengthens Renasant's capital base and financial flexibility for future growth.
Capital Link Shipping has expanded its Maritime Intelligence Hub with new executive insights from leaders at Scorpio Tankers, DHT Holdings, d’Amico International Shipping, and others. These discussions cover market trends in crude oil and product tan...
Centene, a major U.S. health insurer, has launched a voluntary separation program allowing eligible employees to apply for buyouts as it faces a significant decline in membership, especially in its Affordable Care Act (ACA) marketplace plans. Members...
Databricks has acquired cybersecurity startup Panther Labs to strengthen its position against competitors like CrowdStrike and Splunk. Panther Labs specializes in consolidating security data streams to enable automated threat responses, addressing th...
The US Centers for Medicare & Medicaid Services (CMS) proposed removing the coverage with evidence development (CED) requirement for Transcatheter Aortic Valve Replacement (TAVR) in patients with symptomatic severe aortic stenosis. CMS also suggested...
SpaceX (SPCX) options began trading, triggering speculation of a gamma squeeze that could drive the stock price to $400. Experts highlight the stock's low tradable float and high call option demand, which may force dealers to buy shares aggressively,...
