Funding News

NEW YORK--(BUSINESS WIRE)--StubHub Holdings, Inc. (NYSE: STUB), a leading global ticketing marketplace for live events, today announced it has extended the maturities of its senior credit facilities, further strengthening the company’s balance sheet and extending its capital structure runway. StubHub, through its wholly owned subsidiary StubHub Holdco Sub, LLC, amended its existing credit agreement to extend the maturity of its $804 million USD Term Loan B and its €452 million Euro Term Loan B...

AUSTIN, Texas--(BUSINESS WIRE)--Rhino USA, a family-built authority in truck, towing and off-road adventure gear, today announced the closing of a $15 million asset-backed loan facility with Texas Capital. The financing will be deployed to accelerate strategic inventory investment and optimize working capital as the company continues its rapid national expansion across big-box retail, e-commerce and international markets. The announcement marks another significant milestone for a company on a b...

ORLANDO, Fla.--(BUSINESS WIRE)--Travel + Leisure Co. (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $300 million in principal amount of asset-backed notes with an overall weighted average coupon of 6.18%. The advance rate for this transaction was 98.00%. “We completed our third term securitization of 2026, bringing total ABS issuance for the year to $925 million, each at a 98% advance rate,” said Erik Hoag, Chief Financial Officer of Travel +...

SAN MATEO, Calif.--(BUSINESS WIRE)--Baszucki Group funds UAB Montgomery clinical study to examine impact of ketogenic therapy on people living with bipolar disorder in rural Alabama...

ORLANDO, Fla.--(BUSINESS WIRE)--EZ Bombs, the creator of the Seasoning Bomb category and the #1 food and beverage product on TikTok Shop in 2025, today announced a $25 million Series A led by CAVU Consumer Partners. Pairing a genuinely new product with breakout momentum on social media, EZ Bombs has scaled from zero retail doors at the beginning of 2025 to more than 8,000 retail locations today. The company makes shelf-stable seasoning bombs that combine the chiles, spices and aromatics used in...

MILAN--(BUSINESS WIRE)--Berkshire Hathaway invests further $330 million in Bending Spoons following $600 million IPO investment....

NEW YORK--(BUSINESS WIRE)--GenNx360 Capital Partners (“GenNx360”), a New York City-based private equity firm investing in U.S. lower middle market industrial services and business services companies, today announced the closing of a continuation fund for Whitsons Culinary Group (“Whitsons” or the “Company”). Headquartered in Hauppauge, New York, Whitsons provides a wide range of customized dining services and prepared meals to schools, residential healthcare and commercial customers with a stro...

INDIANAPOLIS--(BUSINESS WIRE)--Elevance Health Foundation today announced the recipients of its inaugural Patient Safety Prize, launched through the organization’s Community Action Leadership (CAL) program. The $4 million investment will enable four organizations across the country to accelerate community-informed innovations that improve patient safety and advance quality of care, particularly for underserved populations. The CAL program was created to bring together external thought leaders f...

BOSTON--(BUSINESS WIRE)--Boston Financial, the longest-standing syndicator focused exclusively on affordable housing with more than $16 billion in equity under management, today announced the closing of Boston Financial Institutional Tax Credits 63 Limited Partnership ("ITC 63"), a $191 million multi-investor Low-Income Housing Tax Credit ("LIHTC") fund.Boston Financial secured commitments from seven institutional investors for ITC 63, enabling the deployment of capital with 14 affordable housin...

OXFORD, England--(BUSINESS WIRE)--Salience Labs announced the successful completion of an oversubscribed $125 million Series B funding round....