3 Reasons it Pays to Be Long-Term Greedy

April 22nd, 2016
If more companies had a very long term outlook and didn't focus on making investors happy in the near term, then fewer companies would have financial issues. Read more from the original source: 3 Reasons it Pays to Be Long-Term Greedy
Posted under: Business investors

Mitchem to Lead Wells Fargo Asset Management

April 20th, 2016
Kristi Mitchem was named president, CEO and head of Wells Fargo Asset Management (WFAM), a division of Wells Fargo’s Wealth and Investment Management Group (WIM). Effective June 1, Mitchem will lead a business with more than $480 billion in assets under management in institutional separate accounts, mutual funds and stable value portfolios. Mitchem most recently served as executive vice president at State Street Global Advisors (SSGA), the investment management arm of State Street Corporation. Read the rest here: Mitchem to ...

Silicon Valley Bank Provides Credit Facility to Blis

April 20th, 2016
Blis secured $25 million in funding from major new investors Endeit Capital, Beringea U.S. and Unilever Ventures, with credit facilities provided by Silicon Valley Bank. The investment will help fund the continued expansion of London-based Blis into new markets, including the U.S., and the scaling of international sales and marketing activities. View original post here: Silicon Valley Bank Provides Credit Facility to Blis

Bank of America Agents Prologis $3B Facility Amendment

April 18th, 2016
Prologis entered into an amended, restated global senior credit agreement encompassing loans and letters of credit in various currencies on a revolving basis, not exceeding $3 billion. The global facility matures on April 14, 2020 and may be extended to October 2020 and April 2021. According to a related 8-K filing, Bank of America served as global administrative agent, U.S. Read more here: Bank of America Agents Prologis $3B Facility Amendment

Bank of America Agents Prologis $3B Facility Amendment

April 18th, 2016
Prologis entered into an amended, restated global senior credit agreement encompassing loans and letters of credit in various currencies on a revolving basis, not exceeding $3 billion. The global facility matures on April 14, 2020 and may be extended to October 2020 and April 2021. According to a related 8-K filing, Bank of America served as global administrative agent, U.S. Read more here: Bank of America Agents Prologis $3B Facility Amendment

NXT Capital Provides $61MM Facility for Varsity Healthcare Partners

April 14th, 2016
NXT Capital provided a $61 million senior secured credit facility to support the refinancing of EyeCare Services Partners, a portfolio company of Varsity Healthcare Partners. The transaction included funding for selected add-on acquisitions at closing of the facility, plus growth capital to support ESP’s acquisition pipeline. NXT Capital acted as the sole lead arranger, administrative agent and sole bookrunner for the transaction Read more: NXT Capital Provides $61MM Facility for Varsity Healthcare Partners