South Street Securities Holdings Inc. acquired 100% equity of Lime Funding LLC, an asset-backed commercial paper (ABCP) conduit, on February 28, 2026. Lime Funding provides loans to corporate and institutional borrowers funded by issuing ABCP, supported by Sumitomo Mitsui Trust Bank and managed by GreensLedge Advisors. This acquisition strengthens South Street's financing platform by combining conduit expertise, liquidity support, and risk management to offer scalable, efficient funding solutions. Lime Funding will now operate within South Street's broader securities finance platform, enhancing its ability to serve issuers and investors with diversified short-term asset-backed investments.
Raymond James Financial announced a quarterly cash dividend of $0.54 per share on its common stock. The dividend will be paid on July 15, 2026, to shareholders of record as of July 1, 2026. This dividend reflects the company's ongoing commitment to r...
South Street Securities Holdings Inc. has acquired 100% equity in Lime Funding LLC, an asset-backed commercial paper conduit, as of February 28, 2026. This acquisition aligns with South Street's strategy to enhance scalable and balance-sheet-efficien...
