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.
Independent proxy advisory firms, including ISS, recommend Equinox Gold shareholders vote in favor of the proposed merger with Orla Mining, which aims to create a leading North American gold producer. The combined company is expected to produce 1.1 m...
The generative AI market in the oil and gas sector is projected to grow from $0.53 billion in 2025 to $1.15 billion by 2030, at a CAGR of 16.9%. Growth is driven by adoption of cloud-based AI for real-time monitoring, predictive maintenance, and dril...
Sigenergy, Australia's leading home battery brand, has introduced a $1,000 discount on its new 9kWh SigenStor battery modules. This discount can be stacked with the Federal Government’s Cheaper Home Batteries Program rebate, potentially allowing hous...
The global Edge AI semiconductor market, valued at $25.36 billion in 2025, is projected to grow to $151.30 billion by 2035 with a CAGR of 19.57%. Growth is fueled by increasing use of AI processors in consumer electronics, automotive, healthcare, and...
Global Power Solutions Corp. announced its registration for the Data Centre West 2026 conference in Calgary, focusing on opportunities in digital infrastructure and scalable power solutions. The company praised Meta's historic $13 billion investment ...
