LONDON – Valereum Plc, a U.K.-based fintech company, announced Monday a $200 million investment partnership with Valereum QGP-SP, a move the company said will significantly strengthen its balance sheet and accelerate its growth strategy, including a target listing on a major U.S. national exchange by the first half of 2026. Under the agreement, Valereum Plc will…
BRUSSELS: Nyxoah SA (Euronext Brussels/Nasdaq: NYXH), a medical technology company, announced Tuesday a combined financing package of up to approximately €67 million (U.S. $77.6 million) to support the commercialization and development of its Genio system for treating Obstructive Sleep Apnea (OSA). The financing consists of three components: a €17 million private placement in Europe, a…
Ondine Biomedical Inc. (LON: OBI), a Canadian life sciences company pioneering light-activated antimicrobial treatments, announced that it has agreed to a private placement financing in exchange for common shares from a new third-party private investor in Canada to support commercial growth. The Company has agreed to issue 22,222,222 new common shares of no par value…
Astek, a titan in the realm of technology consulting, has declared a significant bolstering of its financial prowess. This strategic enhancement is aimed at propelling the company’s ambitious growth trajectory and its proactive strategy of judicious acquisitions. In a display of confidence and commitment, ICG, a stalwart investor known for its long-term strategic partnerships, has…
Most Americans are in debt struggling with massive student loan debt that is keeping them from living the American dream, including buying the car of their dreams, the home of their dreams and even starting that family they’ve always wanted. Student Loan Debt From the earliest days of student loan programs, observers have worried that…
NEW YORK: Madison Realty Capital (MRC) completed more than $1.5 billion in financing, originations and performing and non-performing note purchases in 2020, ranging from $4.9 million to $173 million, a news release said. The firm closed a total of 23 transactions in major U.S. metropolitan and suburban markets across a variety of real estate asset…
SINGAPORE: Rex International Holding Limited has appointed Nordic independent investment bank ABG Sundal Collier ASA as financial adviser and intermediary to review non-dilutive financing options for Rex’s 86.37 percent subsidiary Masirah Oil Ltd, a news release said. ABG Sundal Collier will advise, among others, on the structure, timing and organisation of a possible bond financing….
NEW YORK: Macy’s Inc. announced the closing on approximately $4.5 billion of new financing, including its previously announced $1.3 billion of 8.375% senior secured notes, as well as a new $3.15 billion asset-based credit agreement. In addition, the company has amended and substantially reduced the credit commitments of its existing $1.5 billion unsecured credit agreement….
LONDON: Diversified Gas & Oil PLC (DGO) has completed the purchase of certain upstream and midstream assets from Carbon Energy Corporation. Concurrent with the acquisition, DGO also closed on a 10-year amortising $160 million gross senior secured term loan underwritten and funded by Munich Re Reserve Risk Financing, Inc. that includes a 6.5% fixed coupon…
NEW YORK: Glycotest, Inc., a diagnostics company commercializing new and unique blood tests for life threatening liver cancers and fibrosis-cirrhosis, has received the second $3 million tranche of the $10 million Series A financing round from Shanghai Fosun Pharmaceutical Co., Ltd. The focus of this strategic investment is the advancement of the HCC Panel toward…
RIYADH: Etihad Etisalat Co. (Mobily) has announced the signing of SAR 3 billion financing agreement with Alinma Bank to replace existing debt. The duration of the financing is 10 years, which will be utilized to replace the existing financing, and for the general corporate purpose including capital expenditure. This financing is part of the company…