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23.04.26 - 23:45
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Jefferies Financial Group Inc. Announces Pricing of $1,100,000,000 5.125% Senior Notes Due 2031 (Business Wire)
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NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) (“JFG”, “we” or “our”) today announced the pricing of its public offering of $1.1 billion aggregate principal amount of 5.125% Senior Notes due 2031 (the “Notes”) with an effective yield of 5.304%, maturing April 28, 2031. The offering is expected to settle on April 28, 2026, subject to the satisfaction of customary closing conditions.
JFG intends to use the net proceeds of the offering for general corporate purposes. Jefferies LLC served as sole global co-ordinator and joint book-runner for the offering of the Notes, SMBC Nikko Securities America, Inc. served as joint book-runner, BNY Mellon Capital Markets, LLC, Citigroup Global Markets Inc. and Natixis Securities Americas LLC served as senior co-managers, and Academy Securities, Inc., AmeriVet Securities, Inc., BBVA Securities Inc., CaixaBank, S.A., Citizens JMP Securities, LLC, Fifth Third Securities, Inc., First Citizens Capital Securities, LLC, HSBC Securities (USA...
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23.04.26 - 18:03
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Pinnacle Financial Partners powers recruiting growth engine with 50 new revenue producing team members in 1Q26 (Business Wire)
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Firm progressing toward goal that drives growth agnostic of macroeconomic factorsATLANTA--(BUSINESS WIRE)--$pnfp #greatplacetowork--Pinnacle Financial Partners (NYSE: PNFP) hired 50 revenue-producing team members in the first quarter of 2026, progressing toward its goal of hiring 225-250 such team members this year. On average, they bring more than 18 years of financial services experience to the firm, coming from banks like Chase, Wells Fargo, Truist, First Citizens and more.
“Our growth model is built, in large part, on the strength of our team member recruiting and retention, and this shows we're continuing the momentum that Pinnacle has built over the last 26 years,” said Kevin Blair, Pinnacle president and CEO. “It's why we put such an emphasis on investing in our internal culture and why it was essential to keep that culture through our merger with Synovus. Seeing the progress our leaders have made this early into our combination, we feel confident about the road ahead.”
The newest members...
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23.04.26 - 12:33
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First Citizens BancShares Reports First Quarter 2026 Earnings (PR Newswire)
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RALEIGH, N.C., April 23, 2026 /PRNewswire/ -- First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA) reported earnings for the first quarter of 2026. Chairman and CEO Frank B. Holding, Jr. said: "We are pleased with our first quarter results highlighted by loan and deposit growth,......
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23.04.26 - 12:30
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First Citizens BancShares Declares Dividends (PR Newswire)
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RALEIGH, N.C., April 23, 2026 /PRNewswire/ -- The Board of Directors of First Citizens BancShares, Inc. (Nasdaq: FCNCA) has declared the following dividends on the company's common and preferred stock, in each case to be paid on June 15, 2026, to holders of record as of May 29, 2026: A......
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15.04.26 - 21:54
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Cerebras Systems Closes $850 Million Revolving Credit Facility (Business Wire)
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Brings total capital raised to $2.85 billion in last 8 monthsSUNNYVALE, Calif.--(BUSINESS WIRE)--Cerebras Systems, makers of the fastest AI infrastructure in the industry, today announced the closing of a new five-year syndicated revolving credit facility for up to $850 million. This follows the company's $1 billion Series G financing closed in September 2025, and an additional $1 billion Series H in January 2026.
“We are pleased to have closed our inaugural credit facility with the support of a syndicate of leading financial institutions,” said Bob Komin, Chief Financial Officer of Cerebras Systems. “This additional capital provides us with non-dilutive capital to further expand our data center capacity and to fund our growth.”
Morgan Stanley, Citi, Barclays, UBS Investment Bank, Crédit Agricole CIB, MUFG, Mizuho, TD Securities and Silicon Valley Bank (SVB), a division of First Citizens Bank were Joint Lead Arrangers and Joint Bookrunners for the transaction.
For more information on Cerebras, v...
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10.04.26 - 14:03
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First Citizens Appoints Chris Stringer to Lead the Dallas Market (PR Newswire)
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DALLAS, April 10, 2026 /PRNewswire/ -- First Citizens Bank today announced that veteran banking executive Chris Stringer has been named Area Executive for the Dallas-Fort Worth market, where he will lead business and branch banking operations, and drive continued growth across North Texas.......
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