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Latest Financial News
Paramount Skydance Launches $44.4 Billion Notes Offering to Help Fund WBD Acquisition
Paramount is marketing about $44.4 billion of secured notes as part of the financing for its Warner Bros. Discovery acquisition, alongside term loans, equity and cash on hand.
TransDigm Completes $1.07 Billion Prince & Izant Acquisition
TransDigm funded the approximately $1.066 billion purchase with cash on hand, adding a specialty-metals business now expected to generate about $390 million in 2026 revenue.
Hut 8 Secures $1.07 Billion Revolving Credit Facility as AI Infrastructure Buildout Expands
The four-year senior secured facility gives Hut 8 more than $1 billion of committed parent-level liquidity as it develops a growing pipeline of power and AI data center…
Meta Launches Enterprise AI Platform and Hires MongoDB CEO CJ Desai to Run It
Meta is building a new enterprise business around its AI agents, models and developer tools, with MongoDB CEO CJ Desai joining as Chief Enterprise Platform Officer and reporting…
MongoDB CEO CJ Desai Steps Down for Meta; Dev Ittycheria Returns as Interim Chief
The database company named longtime former chief Dev Ittycheria interim CEO as Desai joins Meta to lead its newly launched enterprise platform effort.
Fannie Mae Launches Cash Tender Offers for Eight CAS Note Classes
The fixed-price offers target eight Connecticut Avenue Securities classes with roughly $1.59 billion of listed principal balances and are scheduled to expire Oct. 2.
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