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KBRA Releases Research – The Geography of Auto Loan ABS Performance
NEW YORK--(BUSINESS WIRE)--KBRA releases research examining state-level auto loan ABS performance across the U.S. Most auto ABS transactions are geographically diversified, limiting the impact of any single state on overall deal performance. However, geographic differences may be more relevant for whole-loan buyers and for securitizations with outsized concentrations in states performing meaningfully above or below expectations, particularly when those concentrations differ from a shelf’s histo...
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IQVIA Announces Offering of Senior Notes
RESEARCH TRIANGLE PARK, N.C.--(BUSINESS WIRE)--IQVIA Holdings Inc. (“IQVIA”) (NYSE:IQV) today announced that its wholly owned subsidiary, IQVIA Inc. (the “Issuer”), intends to raise $2,000,000,000 through an offering of senior notes due 2034 (the “Notes”). The proceeds from the Notes offering will be used to redeem in full the Issuer’s Senior 5.000% Notes due 2026, to repay a portion of the outstanding indebtedness under the Issuer’s revolving credit facility and to pay fees and expenses relate...
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Toyota and Rivian Adopt Stratasys' New F870™ to Accelerate Factory-Floor Manufacturing Applications at Scale
MINNETONKA, Minn. & REHOVOT, Israel--(BUSINESS WIRE)--Stratasys Ltd. (NASDAQ: SSYS) announced the launch of the new F870™ FDM® system, a large-format additive manufacturing platform designed for industrial manufacturers, automotive OEMs, aerospace & defense production lines, looking to scale production on the factory floor.Extending the Stratasys production-grade FDM portfolio, the F870 combines unrivaled large-format capabilities in a heated chamber backed by a suite of the strongest, most...
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Aspen Federal Credit Union Launches Mahalo’s Digital Banking Platform
TROY, Mich.--(BUSINESS WIRE)--Aspen Federal Credit Union Launches Mahalo’s Digital Banking Platform...
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Alcoa Corporation Announces Proposed Debt Offering to Finance Cash Consideration for Acquisition of South32’s Bauxite, Alumina and Aluminum Assets
PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE:AA, ASX:AAI) (“Alcoa”) announced today a proposed offering of $2,600,000,000 aggregate principal amount of senior notes (the “notes”), consisting of senior notes due 2034 to be issued by Alumina Pty Ltd (ABN 85 004 820 419) (“Alumina”) and senior notes due 2036 to be issued by Alcoa Nederland Holding B.V. (together with Alumina, the “Issuers”). Each of the Issuers is a wholly-owned subsidiary of Alcoa. The notes will be guaranteed on a senior...
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Padilla Names New President to Lead Next Chapter of Growth and Innovation
MINNEAPOLIS--(BUSINESS WIRE)--Padilla names Julie Batliner president, succeeding longtime leader Matt Kucharski as part of a planned executive transition....
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Battelle Study Finds AI is Changing What Employers Value Most in New Talent
COLUMBUS, Ohio--(BUSINESS WIRE)--As artificial intelligence reshapes the skills employers value, fewer than half of corporate and human resources decision-makers believe today's curriculum prepares students for real-world work, according to Battelle's inaugural Applied Workforce Outlook™. By comparison, 80% of high school educators and 85% of higher education educators believe current curriculum prepares students for real-world application, highlighting an opportunity for stronger alignment bet...
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ZincFive Launches Next-Generation BMS, Setting a New Standard for Nickel-Zinc Battery Management
PORTLAND, Ore.--(BUSINESS WIRE)--ZincFive launches its purpose-built NiZn BMS, delivering simpler deployment, stronger cybersecurity, and more intelligent battery management....
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USA Compression Partners, LP Announces Launch of $600 Million Offering of Senior Notes
DALLAS--(BUSINESS WIRE)--USA Compression Partners, LP Announces Launch of $600 Million Offering of Senior Notes...
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TIAA-CREF UK Regulatory Announcement: Form 8.3
LONDON--(BUSINESS WIRE)-- FORM 8.3 PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE Rule 8.3 of the Takeover Code (the “Code”) 1. KEY INFORMATION (a) Full name of discloser: Teachers Insurance and Annuity Association of America/TIAA-CREF Investment Management, LLC/ Nuveen Asset Management, LLC (b) Owner or controller of interests and short positions disclosed, if different from 1(a): The naming of nominee or vehicle...