Funding News

PARIS--(BUSINESS WIRE)--TotalEnergies (Paris:TTE) (LSE:TTE) (NYSE:TTE) announces that Papua LNG has achieved major contractual and commercial milestones, marking decisive steps towards a Final Investment Decision. Thanks to the close cooperation with the authorities of Papua New Guinea and Papua LNG partners, the following key milestones have now been achieved: Completion of the EPC tendering process, with contract award recommendations now ready to be approved by the co-venturers. Since 2024,...

MIAMI BEACH, Fla.--(BUSINESS WIRE)--Marcus & Millichap’s IPA Capital Markets Arranges $75.1 Million Recapitalization for The Monroe Hotel in Miami Beach’s Faena District...

CLEVELAND--(BUSINESS WIRE)--ErieView Development today announced the closing of financing for the $218 million conversion of Erieview Tower — turning the 40-story 1964 landmark at East Ninth Street and St. Clair Avenue into the 210-key W Cleveland hotel, expected to be the first W Hotel in Ohio, and 215 W Apartments offered for rent rather than for sale, a first for the brand worldwide. The hotel and residences are scheduled to open around late 2027. The amenity program is the most extensive as...

AMSTERDAM--(BUSINESS WIRE)--NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO ANY JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT. NOTHING IN THIS ELECTRONIC TRANSMISSION CONSTITUTES AN OFFER TO BUY, AN OFFER OF, OR A SOLICITATION OF AN OFFER TO SELL, SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THIS ANNOUNCEMENT CONTAINS INSIDE INFORMATION. Nostrum Oil & Gas Finance B.V. (incorporated under the laws of the...

NEW YORK--(BUSINESS WIRE)--One Equity Partners (“OEP”), a middle market private equity firm, today announced that it is partnering with Metro East Industries (“MEI” or “the Company”), a national provider of railcar and locomotive maintenance and repair services. Terms of the private transaction were not disclosed. Founded in 1990 and headquartered in Alorton, Illinois, MEI’s main campus is strategically located at the nexus of rail activity in the center of the United States, and it has six com...

ATHENS, Greece--(BUSINESS WIRE)--Piraeus Bank S.A. (“Piraeus” or the “Bank”) announces that its wholly owned subsidiary, “The Ethniki“ Hellenic General Insurance Company S.A. (“Ethniki Insurance” or the “Issuer”), has successfully priced an inaugural dual-tranche subordinated bond issuance totalling €200mn. The transaction comprises a €100mn Tier 2 bond (“Tier 2”) carrying a fixed annual coupon of 5.25%, with a maturity of 10.25 years and an issuer call option after 5.25 years, and a €100mn Res...

FARGO, N.D.--(BUSINESS WIRE)--First International Bank & Trust (FIBT) announced the recipients of its 12th Annual Live First Community Giving Campaign, awarding $75,000 to nonprofit organizations and community projects across its footprint. This year’s campaign received 286 applications, reflecting the many ways local organizations are working to strengthen communities across North Dakota, South Dakota, Minnesota, and Arizona. The annual campaign is designed to support organizations making...

LOS ALTOS, Calif.--(BUSINESS WIRE)--TSVC (formerly TEEC Angel Fund) has filed a motion for preliminary injunction in federal court seeking to stop what TSVC alleges are false and/or misleading statements in recently-discovered Foothill Ventures advertising concerning the historical investment record of TEEC Angel Fund (“TAF”). Founded in Silicon Valley in 2010, TSVC has invested in more than 200 technology startups, helping build 12 unicorns and 5 IPOs from seed-stage investments, including Zoo...

DALLAS--(BUSINESS WIRE)--LibertyStream Infrastructure Partners Inc. (TSXV: LIB | OTCQB: VLTLF | FSE: I2D) (“LibertyStream” or the “Company”) is pleased to announce that it has executed a non-binding term sheet with Endurance Finance Partners Ltd. (“Endurance”), as arranger, setting out the principal terms of a proposed financing framework of up to US$95 million. The proposed framework includes a delayed-draw senior secured construction credit facility to fund the construction of Freedom 1 and F...

LONDON--(BUSINESS WIRE)--Netley Capital announces final close of flagship tertiaries fund at extended hard cap, and total commitments for tertiaries strategy of $1.2 billion....