Saturday, 23 September 2023, 16:53:10
… 28,000. First Affirmative Financial Network increased its stake … Latest Analysis on MFG Mizuho Financial Group Profile (Free Report … other businesses related to financial services in Japan, the … 39; ratings for Mizuho Financial Group and related companies with …
— EIN News Finance
Japanese Banks to Provide Financial Support for Kioxia and Western Digital Merger
Wednesday, 20 September 2023, 14:03:55
As of September 20, 2023, it has been reported that three prominent Japanese banks, namely Sumitomo Mitsui Financial Group Inc., Mizuho Financial Group Inc., and Mitsubishi UFJ Financial Group Inc., are gearing up to provide financial support for the proposed merger between Kioxia Holdings Corp. and Western Digital Corp.‘s flash memory business. These banks are […] The post Japanese Banks to Provide Financial Support for Kioxia and Western Digital Merger appeared first on Best Stocks .
— Best Stocks
Adani in talks with banks to refinance debt taken on to fund Ambuja Cements purchase
Wednesday, 13 September 2023, 14:06:32
Adani Group is in discussions with banks to refinance debt taken on for the acquisition of Ambuja Cements Ltd. The total amount to be refinanced is expected to be $3.5 billion. Adani would repay at least $300 million on the original Ambuja facility. DBS Group, First Abu Dhabi Bank, Mizuho Financial Group are among the banks that would lend money.
— Economic Times India
Arm is headed for a $52 billion IPO that’s set to draw tech titans like Apple and Nvidia. Here’s what to know about the biggest US stock debut of the year.
Tuesday, 5 September 2023, 17:50:53
Softbank Group-owned chip designer Arm is targeting a $52 billion IPO in September. The launch is set to draw big investment from tech giants like Apple, Nvidia, Samsung, and Google. The debut is expected to be the largest of 2023, and it could mark a turning point for the sluggish IPO market. Arm, the Softbank Group-owned chip designer, could see a valuation as high as $52 billion in its initial public offering on the New York Stock Exchange, according to an updated filing Tuesday. Softbank will offer 95.5 million American depository shares, and will target a sale price of $47-$51 per share for about 10% of the total shares outstanding. The company is looking to raise up to $4.87 billion, but even on the lower range, it”s set to be the biggest US IPO of the year. According to a report from the Wall Street Journal , people close to the deal say they expect strong demand during the run-up to the IPO could push the price higher. Not since Rivian in late 2021 has another company come close to this size in its public-market debut.
— Business Insider Nederlands
Roark to seek record $5bn whole-business securitisation financing for Subway deal
Friday, 25 August 2023, 12:18:22
Roark to seek record $5bn whole-business securitisation financing for Subway deal Submitted 25/08/2023 – 11:18am Roark Group, the private equity firm that has agreed a $9.6bn deal to acquire sandwich chain Subway, is planning to borrow nearly $5bn to fund its investment in what would be the largest whole-business securitisation deal ever, according to a report by Bloomberg. The report cites unnamed sources as revealing that Roark intends two convert the $4.9bn in temporary funding provided by a group of seven banks – Morgan Stanley, Barclays, JPMorgan Chase & Co, Mizuho Financial Group, MUFG, Rabobank and Wells Fargo & Co – into a whole-business securitisation. Whole-business securitisations, whereby businesses mortgage all of their cash-generating assets, including royalties, franchise fees and intellectual property, to obtain capital, are becoming increasingly popular among fast-service restaurant franchises, as they help companies with strong revenue streams but lower levels of hard assets borrow more cheaply than in loan and bond markets.
— Private Equity Wire
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