* Companies issue most convertible bonds since 2007. * Hedge funds make up smaller proportion of convertibles market. * Market could grow by $80-100 billion this year. By Elizabeth Howcroft and Abhinav Ramnarayan. The volume of convertible bond sales has reached its highest levels since 2007 this year as companies rush to raise cash to see them through the economic impact of COVID-19.
FORT WASHINGTON, Pa., July 2, 2020 Coventry, the leading purchaser of life insurance policies in the secondary market, today was recognized by The Deal as the No. 1 life settlement provider of 2019. The Deal credited Coventry, together with its affiliate Life Equity, with purchasing over 1,250 policies in 2019, more than three times as many policies as the nearest competitor.
Jefferies Financial Group (JEF) said it expects a jump in mergers of equals in the current coronavirus-stricken economic environment as companies look at cost-effective ways of increasing their scale to survive the crisis.
The House is expected to pass a $1.5 trillion dollar infrastructure package, mostly along party lines, while a bipartisan Senate bill to restore advance refunding may build momentum in that chamber.
AUSTIN, Texas---- Riders Share, an award-winning startup and the largest peer-to-peer motorcycle sharing platform in the world, announced today it has raised $2M in a Series A round of financing led by LiveOak Venture Partners of Austin, Texas. This press release features multimedia. Riders Share is an online marketplace where people can rent motorcycles from other people.
Pebblebrook Hotel Trust (PEB) today provided an update on its second quarter operating trends and will conduct a conference call for investors at 10:30 AM ET to discuss the second quarter trends. The Company will provide additional details on second quarter operating results and other financial updates on the conference call.
Instead of Venture Capital, AgencyKPI Sought Funding from within the Insurance Industry AgencyKPI, developer of the first business intelligence platform designed to address and manage the abundance of data produced by multiple software programs and legacy systems across the insurance industry, today announced the closing of $5 million in Series A funding. This press release features multimedia.
Leading Community Shopping Center Poised to Gain Market Share with Sought-After Grocer Urban Edge Properties (UE) today announced a new lease with Uncle Giuseppes Marketplace at Briarcliff Commons in Morris Plains, NJ, continuing the redevelopment plan underway at this property.
Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are against a backdrop of a generally subdued deal-making environment across the venture capital industry in the aftermath of the pandemic.
Sovereign wealth funds have participated in $17 billion of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak. The investments are against a backdrop of a generally subdued deal-making environment across the venture capital industry in the aftermath of the pandemic.
News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.
PDF’s require Adobe® Reader® and will open in a new window.
