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08.01.26 - 15:18
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Terreno Realty Corporation Closes $200 Million Five-Year Unsecured Term Loan (Business Wire)
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BELLEVUE, Wash.--(BUSINESS WIRE)--Terreno Realty Corporation (NYSE: TRNO), an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, announced the closing of a new $200 million five-year unsecured term loan. The new five-year unsecured term loan will mature on January 15, 2031, and the interest rate generally will be SOFR plus 1.15% to 1.65%, depending on leverage. Additionally, the previous 10 basis point SOFR credit spread adjustment premium was eliminated on all credit facility borrowings, including term loans. The current interest rate is SOFR plus 1.15%, and proceeds from the term loan were used to reduce borrowings under Terreno Realty Corporation's $600 million revolving credit facility and for general corporate purposes.
KeyBanc Capital Markets, PNC Capital Markets LLC, Regions Capital Markets, U.S. Bank National Association, The Huntington National Bank and Citizens National Bank, N.A. served as joint lead arrangers and KeyBank National Association is the admin...
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06.01.26 - 14:57
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PNC Announces Redemption of Senior Floating Rate Notes, 4.775% Senior Fixed Rate/Floating Rate Notes Each Due Jan. 15, 2027 (PR Newswire)
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PITTSBURGH, Jan. 6, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced the redemption on Jan. 15, 2026, of the following Senior Bank Notes issued by PNC Bank, National Association: All outstanding Senior Floating Rate Bank Notes due Jan. 15, 2027, in......
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05.01.26 - 17:24
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PNC Completes Acquisition of FirstBank (PR Newswire)
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PITTSBURGH and LAKEWOOD, Colo., Jan. 5, 2026 /PRNewswire/ -- The PNC Financial Services Group, Inc. (NYSE: PNC) today announced that it has completed its acquisition of FirstBank Holding Company, including its banking subsidiary, FirstBank, following receipt of all required regulatory......
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05.01.26 - 17:12
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PNC Declares Dividend of $1.70 on Common Stock (PR Newswire)
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PITTSBURGH, Jan. 5, 2026 /PRNewswire/ -- The board of directors of The PNC Financial Services Group, Inc. (NYSE: PNC) declared a quarterly cash dividend on the common stock of $1.70 per share. The dividend will be payable Feb. 5, 2026, to shareholders of record at the close of business......
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30.12.25 - 20:51
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FOMC Minutes Confirm ′Most′ Fed Officials Expect More Rate-Cuts, Divisions Remain (ZeroHedge)
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FOMC Minutes Confirm 'Most' Fed Officials Expect More Rate-Cuts, Divisions Remain
Since the last FOMC meeting on Dec 10th (which resulted in a more-dovish-than-expected 25bps rate cut along with 3 dissents), precious metals have been the biggest gainers (as the dollar weakened) while crude oil has been a laggard. Stocks small bid, bonds unch...
Source: Bloomberg
Crypto has notably decoupled from gold and stocks...
Source: Bloomberg
Rate-cut odds have risen significantly, most notably March...
Source: Bloomberg
With a very divided Fed having been exposed (the most dissents in 37 years), the outlook is unclear, but the demanding markets are not...
“I joke that the equity market is like a kid in a candy store, braving a sugar high for more policy accommodation, a more dovish Fed — but it doesn't know what's good for it,” said Amanda Agati, PNC Asset Management Group's chief investment officer said on Bloomberg Television on Tuesday.
“The bond market is the adult in the room taking aw...
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