Spirit Realty raises $400 million under unsecured term loan facility
DALLAS: Spirit Realty Capital announced that the company has closed on the final incremental term loan under the accordion feature of the previously announced $200...
AM Best affirms credit ratings of Massachusetts Mutual Life Insurance and its subsidiaries
OLDWICK: Global rating agency AM Best has affirmed the Financial Strength Rating of A++ (Superior) and the Long-Term Issuer Credit Ratings of “aa+” of Massachusetts...
Jason Industries enters restructuring support agreement with lenders
MILWAUKEE: Jason Industries Inc. has entered into a restructuring support agreement with certain of its senior secured lenders. The Agreement outlines a comprehensive restructuring plan...
Key industrial parks unveiled in Hainan free-trade port
HAIKOU: A batch of key industrial parks were unveiled on June 3 in China’s island province of Hainan, in an effort to promote the construction...
Amazon and Slack join forces to deliver the future of the enterprise workplace
SAN FRANCISCO: Amazon Web Services Inc. (AWS) and Slack Technologies Inc. announced a new multi-year agreement to deliver solutions for enhanced enterprise workforce collaboration. Slack...
JCPenney provides update on store optimization strategy
PLANO, TEXAS: J. C. Penney Company has taken the first step in implementing its store optimization strategy. Following a comprehensive evaluation of its retail footprint...
Ecolab to separate upstream energy business and merge ChampionX With Apergy
ST. PAUL: Ecolab Inc. announced both the successful completion of its split-off exchange offer for Ecolab common stock in connection with the previously announced separation...
Limelight Networks appoints Christine Cross lead to global marketing organization
SCOTTSDALE: Limelight Networks Inc., a provider of edge cloud services, announced Christine Cross has been appointed SVP, Chief Marketing Officer and will lead the company’s...
Granite REIT announces C$500 million green bond offering
TORONTO: Granite Real Estate Investment Trust’s wholly owned subsidiary Granite REIT Holdings Limited Partnership (Granite LP) has priced an offering of C$500 million aggregate principal...
MeMed receives CE Mark in Europe for use of its pioneering technologies
HAIFA: MeMed Ltd., a leader in host response-based solutions, announced that it has received a CE Mark in Europe for use of its diagnostic test...
Laurent C. Therivel appointed President & CEO of U.S. Cellular
CHICAGO: U.S. Cellular announced that Laurent C. Therivel will be appointed President and Chief Executive Officer, effective July 1, 2020. Kenneth R. Meyers will be...
Hawaii American Water acquires Waimea Wastewater Company
HAWAII: Hawaii American Water acquired the assets and operations of the Waimea Wastewater Company Inc., and is the new wastewater service provider for those customers....