CoreWeave Prices Upsized $3.7 Billion Convertible Notes Offering

CoreWeave increased the private offering from $3.0 billion, setting a 2.875% coupon and an initial conversion price of about $97.85 per share.

CoreWeave increased the private offering from $3.0 billion, setting a 2.875% coupon and an initial conversion price of about $97.85 per share.

The all-cash acquisition includes a 40-day go-shop period through October 27 and is expected to close in late 2026 or early 2027, subject to shareholder and regulatory approvals.

Starling’s initial review says Federal Reserve supervisors failed to act decisively despite vulnerabilities at Silicon Valley Bank that were apparent about a year before its collapse.

BLS said August payroll employment rose in California, Wisconsin, South Carolina and New Mexico, while unemployment rates fell in eight states and the District of Columbia.

Invesco Senior Secured Management, Aventail Capital Group and Brigade Capital Management also joined the preferred investment, whose size and detailed terms were not disclosed.

The non-listed daily-NAV REIT will ask stockholders to approve a plan to sell all assets, return net proceeds and dissolve, with a special meeting expected in early 2027.

New Veld will sell its entire 34.39% Alexforbes holding through a company share repurchase and a separate sale to ARC AF Holdings, with closing expected in the first half of 2027.

Premiums continued to grow and policies in force reached 40.5 million, but August underwriting profitability was weaker than a year earlier.

Cygnus investors backed the scheme with 98.35% of votes cast in favor, while court approval and Kazakhstan consent remain outstanding.

The shares are intended for Magnum’s employee benefit trust, following completion of an earlier 5.4 million-share incentive-related purchase tranche.