Bain Capital Specialty Finance, Inc. has just taken a big step. They're issuing $350 million in senior unsecured notes. These notes come with a BBB rating and a stable outlook. The money raised will go towards general corporate needs and paying off some existing debts. So, what makes this move note
Databricks, a major player in the data analytics field, has just secured a massive $1. 8 billion in new debt. This brings their total debt to a staggering $7 billion. The company isn't talking about it, but the numbers speak for themselves. Databricks is one of the top tech companies expected to go
The Education Department has decided to pause certain collection actions for some federal student loan borrowers. This move gives those in default a bit of a break while the government works on updating loan repayment and forgiveness programs. This pause means that actions like wage garnishment and
Strive, a financial firm launched in 2022, is aiming to gather up to $150 million by selling special shares called Variable Rate Series A Perpetual Preferred Stock, labeled SATA. This money will be used to pay off some of its debts and buy more Bitcoin. The company has a subsidiary called Semler Sc
North Carolina made a bold move. It cleared medical debt for 2. 5 million people. This happened because of a deal with all 99 hospitals in the state. They agreed to cancel old debts and offer discounts to those who qualify. Dawn Daly-Mack, a nurse from Gaston, got a surprise. She found a letter in
Genesis Health, a company that runs nursing homes, just got the green light to sell its facilities. The buyer is NewGen Health, a company from California. This deal is worth $1 billion. It's a big change for Genesis Health, which has been struggling with money problems. The sale got approved by a j
The economy might be looking good on paper, but the reality for many people is quite different. Lots of local businesses are shutting down. Places like Towson Town Center, Morton’s Steakhouse, and the Sheraton downtown are just a few examples. Even big names like Francesca’s clothing stores and the
Germany's DEG, a big name in development finance, has just made its first move into India's debt fund scene. They've put $25 million into Vivriti Asset Management's fund, which is based in GIFT City. This isn't just any fund—it's all about helping small businesses and women entrepreneurs get the loa
A family's life changed forever when their son, Nick, was diagnosed with a rare form of blood cancer. At just 21 years old, Nick's battle with Diffuse Large B-Cell non-Hodgkin’s Lymphoma was tough. The family's world turned upside down, not just from the emotional toll, but also from the overwhelmin
Atome, a digital finance company based in Singapore, just scored a huge deal. They've secured a massive $345 million debt facility. This is a big jump from the $200 million they had before. The goal? To grow their services across Southeast Asia. This isn't just about more money. It's about expandin
