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.
The 2026 State of Sustainable Fleets Market Brief reveals that commercial fleets are adapting to a third year of freight recession and major federal policy changes by diversifying powertrain technologies and fuels. Despite federal funding cuts and ta...
Therini Bio has started dosing patients in a Phase 1b trial for THN391, a novel antibody targeting fibrin-driven inflammation in diabetic macular edema (DME). This therapy aims to reduce neuroinflammation and retinal degeneration without affecting bl...
ResVR has introduced an AI-powered assistant integrated into its 3D virtual homebuying platform, enabling buyers to navigate, customize, and make decisions with real-time voice interaction. This assistant offers 24/7 support, multi-language accessibi...
China's securities regulator fined online brokerages Futu and UP Fintech a combined $331 million for operating unlicensed cross-border stock trading services. While both companies must wind down their China operations, the penalties remove a long-sta...
Privia Health Group, a national physician enablement company, announced its expansion into New Jersey through a partnership with Neurology Group of Bergen County (NGBC), a large neurology practice with 25 clinicians. NGBC will anchor the new Privia M...
