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NEW YORK--(BUSINESS WIRE)--Argo Infrastructure Partners, LP (“Argo”), an established mid-market investment manager of 18 essential infrastructure assets in North America, today announced that Cross-Sound Cable Company, LLC is initiating a project to significantly upgrade and expand its electric transmission system – Cross-Sound Cable (CSC), a critical high-voltage direct current (HVDC) transmission system connecting the electric grids of New England and Long Island. CSC is an established 24-mil...

WINNIPEG, Manitoba--(BUSINESS WIRE)--Exchange Income Corporation Announces Inaugural Offering of Investment Grade Senior Unsecured Notes...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 10 classes of mortgage-backed notes from BRAVO Residential Funding Trust 2026-NQM3 (BRAVO 2026-NQM3). The $490.5 million RMBS transaction is collateralized by a pool of 987 residential mortgages, with fixed-rate mortgages (FRMs) and hybrid adjustable-rate mortgages (ARMs) making up 98.1% and 1.9% of the pool, respectively. A notable portion of the loans are classified as exempt (43.5%) from the Ability-to-Repay/Qualified Mortgage (A...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund II (NYSE: NCZ) announced today that it has declared a $0.34375 per share cash distribution payable on March 31, 2026 to Series A cumulative preferred shareholders of record on March 24, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCZ PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.375 per share. The 4,360,000 Series A Cumulative Prefe...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 15 classes of mortgage pass-through certificates from EFMT 2026-NQM3, a $509.6 million non-prime RMBS transaction. The underlying collateral, comprising 1,292 residential mortgages, is characterized by a notable concentration of alternative income documentation, with 81.8% of the loans underwritten using DSCR, bank statements, and asset underwriting documentation types. The majority of loans are either classified as non-qualified mo...

LOS ANGELES--(BUSINESS WIRE)--Glancy Prongay Wolke & Rotter LLP, a leading national shareholder rights law firm, announces that a securities fraud class action lawsuit has been filed on behalf of investors who purchased or otherwise acquired Apollo Global Management, Inc. (“Apollo” or the “Company”) (NYSE: APO) securities between May 10, 2021 and February 21, 2026, inclusive (the “Class Period”). Apollo investors have until May 1, 2026 to file a lead plaintiff motion. IF YOU SUFFERED A LOSS...

OLDWICK, N.J.--(BUSINESS WIRE)--AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “a+” (Excellent) of the key U.S. life/health subsidiaries and Europe-based insurance companies of The Cigna Group (Cigna) (headquartered in Bloomfield, CT) [NYSE: CI]. The majority of Cigna’s core U.S. health insurance entities are collectively referred to as Cigna Life & Health Group. In addition, AM Best has affirmed the Long-...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Convertible & Income Fund (NYSE: NCV) announced today that it has declared a $0.3515625 per share cash distribution payable on March 31, 2026 to Series A cumulative preferred shareholders of record on March 24, 2026. The Series A Cumulative Preferred Shares, which trade on the New York Stock Exchange under the symbol NCV PR A, are rated “A” by Fitch Ratings and have an annual dividend rate of $1.40625 per share. The 4,000,000 Series A Cumulative Pref...

HARTFORD, Conn.--(BUSINESS WIRE)--Virtus Total Return Fund Inc. (NYSE: ZTR) today announced the following monthly distributions: Ticker Amount of Distribution Ex-Date/Record Date Payable Date ZTR $0.05 March 16, 2026 March 30, 2026 ZTR $0.05 April 13, 2026 April 29, 2026 ZTR $0.05 May 11, 2026 May 28, 2026 Under the terms of its Managed Distribution Plan, the Fund will seek to maintain a consistent distribution level that may be paid, in part or in full, from net investment income and realized...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to three classes of notes (the “Notes”) issued by KCG Securitization II, LLC, Series 2026-1 (“KCG 2026-1” or the “Issuer”). Kalamata.com, LLC (“Kalamata”), through its subsidiaries and affiliates, Kalamata Capital Group, LLC (“KCG”, the “Company” or “Servicer"), Black Olive Capital II LLC and Black Olive Capital LLC (“Black Olive Originators”), provides financing to small and medium-sized business through merchant cash advances and sma...