Hints and tips:
...Its new fund — known as Strategic Investment Partners V — plans to buy risky debt, including junior loans and convertible bonds, as well as preferred stock....
...The financing package for Cotiviti, which would be accompanied by a $1bn investment in preferred shares, is one of several large private loans being discussed, according to executives in the private capital...
...Vista, which retained an 81 per cent stake in Cvent after floating it in 2021, agreed to roll $1.25bn into the buyout through a preferred equity investment to boost the sale price....
...Schmidtlein also argued that distribution agreements Microsoft had struck in the past had “failed to get Bing scale because users preferred Google and the large majority of users . . . searched on Google...
...Until this year the record daily inflows of more than $2tn into the RRP were considered a sign of market uncertainty, implying that US money market funds that invest in government debt preferred the safety...
...She also preferred doing her ‘keeping-in-touch time’ in person. She and her husband live far away from their relatives and the immediate support they might offer....
...Apollo bought $2bn of AT&T preferred stock in a deal that allowed the wireless carrier to partially repay some of its outstanding preferred equity....
...Vista, for its part, structured its $1bn investment as preferred equity, making the new money senior to Finastra common stock....
...Proceeds from asset sales, along with the holding company’s $2bn cash balance and value from tax benefits from operating losses, will be used to pay off bondholders as well as preferred stockholders....
...Others at Centerview believed that Handler preferred to stick to a handful of key clients, as the firm desired a more vigorous effort to tap a burgeoning sector....
...Nadella acknowledged that Google would introduce its own AI-powered search products, calling it the “800-pound gorilla” and that users would have to decide which product they preferred....
...Meanwhile, Amazon’s most prominent alliance among the AI start-ups so far is Stability AI, which in November declared AWS its “preferred cloud partner” for building and training its media-generation models...
...“They love tossing around terms such as ‘all in’ on a given cloud or ‘preferred cloud provider’ — that unlocks a deeper discount but in return you agree to be a reference for them and not be a reference...
...The university investment model that he perfected has since been a primary driver of private equity investment, although he preferred low leverage buyouts....
...Apollo, a longtime investor in the car rental agency, had purchased $1.5bn of Hertz preferred stock, paying a 9 per cent annual dividend....
...High street fashion chain Ted Baker lost as much as a fifth of its market value on Tuesday morning after Authentic Brands, the preferred bidder for the company, pulled out of the process....
...“The multidisciplinary model and private partnership culture continue to be the preferred strategy and structure.” He added: “Our results speak for themselves....
...Authentic Brands was at one stage the company’s preferred bidder, but ended its interest due to the “deterioration in the wider macroeconomic environment”....
...The companies will raise $2.5bn through a preferred equity security that carries a whopping interest rate of 12 per cent above Sofr, the floating interest rate benchmark....
...As recently as last week, Lemoine said he was teaching LaMDA — whose preferred pronouns apparently are “it/its” — “transcendental meditation”....
...On Tuesday, he told Techcrunch he preferred companies that made products rather than cryptocurrency and NFT investments, which were “100 per cent based on greater fool theory”. 5....
...The next step is for Raine to confirm a preferred bidder....
...Instead, the hunt for an owner shines a light on the opaque, convoluted ownership structures that have helped make UK property a preferred destination for the global wealthy to park their millions (or billions...
...It made its investment in Legendary on a preferred basis, giving it seniority to equity holder Dalian Wanda, a foundering Chinese conglomerate that overpaid for the outfit, spending $3.5bn in 2016....
...The decade-long agreement is sealed with a chunk of convertible preferred stock....
International Edition