IDC Converts Orion Loan Into Equity, Taking 23.8% Stake in PCZM HoldCo
South Africa's state‑owned Industrial Development Corporation (IDC) has agreed to convert its convertible loan into equity in Orion Minerals' subsidiary PCZM HoldCo, acquiring a 23.8% stake and an effective 16.7% interest in the Prieska copper‑zinc mine. The conversion follows a loan facility agreement from February 2023 and an implementation agreement signed on 31 March 2026, with IDC retaining a shareholder loan of R272.4 million.
CoreWeave Secures $8.5B GPU-Backed Loan
CoreWeave Inc. raised $8.5 billion in a loan secured by GPUs and a contract with Meta Platforms, marking the largest chip‑backed debt deal of its kind. The financing will fund the expansion of its cloud‑computing capacity.
Volvo Cars Converts $274M Polestar Loan to Equity, Boosting Stake to 19.9%
Volvo Cars announced it will convert roughly $274 million of its shareholder loan to Polestar into equity, raising its ownership to about 19.9% from 10%. A second tranche of $65 million is slated for Q2 2026, while the move consolidates...
IDB Invest Approves $48.8M Senior Loan to Banco Mundo Mujer to Expand Micro‑enterprise Financing in Colombia
IDB Invest has approved a senior loan of up to 180 billion COP (≈$48.8 million) for Banco Mundo Mujer, aimed at boosting financing for Colombian micro‑enterprises, especially women‑owned businesses. The loan includes a committed tranche of 120 billion COP and an uncommitted tranche...
Afreximbank Underwrites US$2.5 Billion Term Loan for Dangote Refinery
Afreximbank, together with Access Bank as co‑mandated lead arrangers, has underwritten a five‑year US$2.5 billion term loan for Dangote Industries’ Dangote Refinery, Africa’s largest petroleum complex. The financing consolidates existing debt and supports the refinery’s growth and operational maturity, marking one...
Zetwerk Files Confidential IPO Papers, Aims to Raise $450M
B2B ecommerce unicorn Zetwerk has filed confidential draft papers for an IPO, planning to raise up to Rs 4,200 crore (≈$450 million). The filing signals the company's intent to go public after raising $889 million from investors such as Greenoaks, Peak XV Partners, Lightspeed and...
Sysco to Acquire Jetro Restaurant Depot in $29.1B Cash-and-Stock Deal
Sysco Corp announced a $29.1 billion cash‑and‑stock acquisition of privately held Jetro Restaurant Depot, paying $21.6 billion in cash and 91.5 million Sysco shares valued at about $7.5 billion. The deal expands Sysco’s cash‑and‑carry footprint across 166 warehouses in 35 states and is expected...
SF Capital Secures $31.2M Debt Refinancing for Green Bay Multifamily Property
SF Capital, a commercial mortgage banking firm, secured $31.2 million in refinancing from a life‑insurance company for a multifamily property in the Green Bay metropolitan area. The loan is structured at 75% loan‑to‑value with a 10‑year fixed term, providing long‑term...
Vertical Aerospace Raises $50M Equity in $850M Financing Package
Vertical Aerospace announced a financing package of up to $850M, including a closed equity issuance that raised $50M in immediate working capital on March 30, 2026. The equity raise was completed today, while the broader package also includes convertible notes...
Arax Investment Partners Acquires Omni Financial Advisory Group
Arax Investment Partners, a national wealth‑management firm, announced the acquisition of Omni Financial Advisory Group, a boutique financial‑advisory practice based in Poughkeepsie, New York. The deal expands Arax’s presence in the Northeast and adds a multi‑generational family practice to its network...
3H Group Secures Undisclosed Debt Financing From Western Alliance Bank for Renaissance Dallas North Hotel Renovation
JLL arranged a floating‑rate five‑year loan from Western Alliance Bank for 3H Group Inc. and Dallas Lodging Associates LLC to fund a comprehensive renovation of the Renaissance Dallas North Hotel in Las Colinas, Dallas. The financing supports the owners' plan...
REC Silicon Refinances $110M Term Loan with KEB Hana Bank
REC Silicon ASA announced the refinancing of its $110 million guaranteed term loan with KEB Hana Bank and its affiliates on identical terms, extending the loan to March 30, 2027. The loan is fully guaranteed by Hanwha Solutions, the company's...
Cottonwood Group Provides $102M Construction Financing for The Domain Companies' Kimpton Hotel in Salt Lake City
The Domain Companies secured $102 million in construction financing from Cottonwood Group to develop a 216‑room Kimpton hotel in downtown Salt Lake City. The debt financing, arranged by Walker & Dunlop, will fund the project slated for completion in Q1 2028.
BrightSpire Closes $955M Fourth CRE CLO
BrightSpire announced the closing of its fourth managed commercial real estate collateralized loan obligation (CRE CLO) valued at $955 million, featuring a $98 million ramp and a two-and-a-half-year reinvestment period. The transaction involved 19 investors across all tranches, expanding the...
NHAI Raises $3.4B via InvIT and TOT Models to Near FY26 Monetisation Target
India's National Highways Authority (NHAI) announced it has raised ₹28,307 crore (≈$3.4 billion) through a mix of public and private Infrastructure Investment Trusts (InvITs) and Toll‑Operate‑Transfer (TOT) bundles, bringing it close to its FY‑26 monetisation goal of ₹30,000 crore. The fundraising includes the...
Ariel Re Launches $125M Titania Re 2026-1 Catastrophe Bond via London Bridge 2 PCC
Ariel Re announced the issuance of a $125 million Titania Re 2026‑1 catastrophe bond, structured through the UK‑based special purpose vehicle London Bridge 2 PCC Limited. The bond, split into $75 million Class A and $50 million Class B tranches, will provide multi‑peril US retrocession coverage for Ariel...
Decron Properties Secures $83M Loan From Fannie Mae for River Ranch Apartments
Mid‑City‑based Decron Properties has secured a $83 million, five‑year loan from Fannie Mae, originated by BWE, to fund the River Ranch Apartments complex in Simi Valley. The financing will be used to pay off existing bank debt and support ongoing operations of...
Nazara Technologies Raises up to Rs 500 Crore via Preferential Warrant Issue
Indian gaming firm Nazara Technologies announced a preferential issue of 1.92 crore warrants at Rs 260 each, targeting to raise up to Rs 500 crore (≈$60 million). The round includes investors Riambel Capital PCC, S Gupta Family Investments, Plutus Investments and Holding, Classic Enterprises and Founders...
Organigram Secures Shareholder Approval for Sanity Group Acquisition and Private Placement
Organigram Global Inc. announced that shareholders approved the resolution to consummate its acquisition of Sanity Group GmbH and a related private‑placement financing with BT DE Investments Inc. The approval, granted at the March 30, 2026 meeting, clears the path for closing the deal in...
Kin Productions Files Preliminary Prospectus for Catalist IPO on SGX
Singapore-based sports events manager Kin Productions lodged its preliminary prospectus on March 30, 2026, to list on the Catalist board of the Singapore Exchange. The listing, managed and sponsored by SAC Capital, aims to raise capital for business expansion and...
Aurinia Pharmaceuticals to Acquire Kezar Life Sciences in $50.93M Deal
Aurinia Pharmaceuticals Inc. announced a merger agreement to acquire Kezar Life Sciences Inc. for $50.93 million, paying $6.955 per share in cash plus a contingent value right. The transaction, supported by Tang Capital Partners, is slated to close in the second...
Broad Street Development Secures $250M Recapitalization for FiDi Conversion
Broad Street Development recapitalized its 80 Broad Street conversion project with approximately $250 million in financing, including $175 million in construction debt from Derby Lane Partners and equity from PCCP and One Investment Management. The funding will support the transformation of the...
Mistral AI Closes $830M Debt Financing to Expand European AI Infrastructure
French AI startup Mistral AI secured $830 million in debt financing to fund a new data center near Paris, boosting European AI infrastructure. The financing will support construction of the facility, slated to be operational in Q2 2026, as part...
IFC Provides $125M Loan to OCI TerraSus for Malaysia Polysilicon Plant
The International Finance Corporation (IFC) is extending up to $125 million in an A‑loan to OCI TerraSus Sdn. Bhd., a subsidiary of Korean polysilicon producer OCI, to fund a semiconductor‑grade polysilicon plant in Sarawak, Malaysia. The joint‑venture facility with Japan’s Tokuyama Corporation...
Creality Files IPO Application with Hong Kong Exchange
3D printer maker Creality has filed an IPO application with the Hong Kong Exchanges and Clearing Limited, marking the first formal step toward a public listing. The filing reveals rapid revenue growth, expanded manufacturing capacity, and a large patent portfolio....
Agnico-Eagle Invests $7.6M in Cascadia Minerals via Private Placement and Strategic Alliance
Agnico‑Eagle Mines Ltd. announced a $7.6 million financing of Cascadia Minerals Ltd., purchasing 19.3 million units for $5.02 million and an additional 10 million units for $2.6 million. The deal includes a strategic alliance and an earn‑in right for Agnico to acquire up to a...
EBID Approves $266.7m and CFA30bn ($317m) in Financing for West African Projects
The ECOWAS Bank for Investment and Development approved $266.7 million and CFA30 billion (≈$50 million) to fund infrastructure, agro‑industry and environmental projects across Nigeria, Senegal, Ghana, The Gambia and Côte d’Ivoire. The commitments, approved on 30 March 2026, include loans and credit lines to BNDE,...
KPET Ultra Paceline Corp Prices $200M IPO, Shares to Trade March 31
KPET Ultra Paceline Corporation (NYSE:KPET.U) announced the pricing of its $200 million initial public offering. The SPAC’s units are slated to begin trading on the NYSE under the ticker KPET.U on March 31, 2026, with the offering expected to close on April 1, 2026. Deutsche...
Alkane Resources Secures $100M Debt Facility From Major Australian Banks
Alkane Resources has closed a $110 million revolving credit facility and a $40 million contingent instrument facility, totaling roughly $100 million in USD, under a syndicated agreement with Australia and New Zealand Banking Group, Commonwealth Bank of Australia, Macquarie Bank and Westpac Banking Corporation....
Atlantic Sapphire ASA Secures $10M Bridge Loan
Atlantic Sapphire ASA announced it has entered into a bridge loan agreement for up to $10 million, payable in two $5 million tranches, with a 12% annual interest rate and a maturity date of 15 May 2026. The senior loan,...
World Bank and DBSA Launch $500M Credit Guarantee Vehicle to Mobilise $10B in South African Infrastructure
The Development Bank of Southern Africa (DBSA), South Africa's National Treasury and the World Bank have launched a credit guarantee vehicle (CGV) with an initial capitalisation of $500 million, including $350 million from the World Bank, to de‑risk infrastructure projects and attract...
Forward Consumer Partners Caps Sophomore Fund at $500M
Private equity firm Forward Consumer Partners, founded by former L Catterton partner Matt Leeds, announced that its second fund has reached the $500 million hard cap. The fundraising round was fully subscribed, marking a successful close for the sophomore fund....
RXR Provides $90M Loan to Madison Realty Capital Affiliate for New Jersey Multifamily Project
RXR has closed a $90 million loan to refinance the 300‑unit Clifton & Company apartments in Clifton, New Jersey. The loan was secured by an affiliate of Madison Realty Capital, which took ownership of the development in October 2024. The financing, negotiated by...
CrossCountry Mortgage to Acquire Two Harbors in $8.45B Deal
CrossCountry Mortgage announced a merger agreement to acquire Two Harbors Investment Corp. in an all-cash transaction valued at $8.45 billion, with Two Harbors shareholders receiving $10.8 per share and preferred shareholders $25 per share. The agreement was signed on March...
Volkswagen Injects $1 Billion Into Rivian, Expanding Joint‑venture Partnership
Volkswagen Group has delivered an additional $1 billion investment to Rivian, including $750 million in equity and $250 million in equity or convertible debt, raising its total stake to over $3 billion. The funding supports the VW‑Rivian joint venture on the ID.EVERY1 EV and...
Sax Acquires CoMetrics Partners to Boost Consumer Product Advisory Capabilities
Accounting firm Sax announced the acquisition of CoMetrics Partners, a New York‑based management consulting and technology firm serving consumer product companies, lenders, and investors. The terms were undisclosed, and CoMetrics' staff and three partners have joined Sax, expanding its capabilities...
Sunday PropTech Secures $286M Debt Financing for 38‑Hotel Acquisition
Sunday PropTech obtained $286 million in financing, including $242 million in acquisition debt from Citigroup and $44 million in mezzanine debt from Access Point, to fund the purchase and repositioning of a 38‑hotel U.S. portfolio. The total capitalization reaches $375 million as the...
Keurig Dr Pepper (via Kodiak BidCo) Completes $16.35B Acquisition of JDE Peet’s After 96.2% Share Tender
On 27 March 2026, Kodiak BidCo B.V., backed by Keurig Dr Pepper, announced its cash offer for JDE Peet’s was declared unconditional after 96.22% of shares were tendered, representing €14.86 bn (≈$16.35 bn). Settlement is set for 1 April 2026, giving the...
Akbank Secures $700M Sustainability-Linked Syndicated Loan
Akbank secured a $700 million sustainability-linked syndicated loan in five tranches, announced on March 26, 2026. The facility includes a $125 million 367-day USD tranche, a $202 million two-year tranche and a $103 million three-year tranche, with the remaining portions...
Creative Planning to Acquire MASECO LLP, Adding $5B in Assets
Creative Planning, a U.S. registered investment advisor with $700 billion in AUM, announced it will acquire London‑based MASECO LLP, bringing 123 employees and over $5 billion in assets under management into the firm, subject to regulatory approval. The deal expands Creative Planning’s...
Cambridge Investment Research Acquires WealthPlanners, Launching New Affiliation Model
Cambridge Investment Research announced the acquisition of WealthPlanners, a Des Plaines‑based wealth‑planning and benefits‑consulting firm managing nearly $800 million in assets. The deal gives Cambridge full ownership, with an upfront cash payment and installment payments over three years, and creates the new...
Home REIT Sells Majority of Portfolio to Patron Capital for $156M
Home REIT announced it has exchanged contracts to sell 706 properties to Patron Capital for £123 million (≈$156 million), with completion expected in early April. The sale represents the majority of its portfolio and follows a wind‑down after a trading suspension. The...
Klarna Doubles $2B Lending Facility with Elliott Investment Management
Klarna announced on Tuesday that it has doubled its existing lending facility with Elliott Investment Management to $2 billion and extended the term to three years. The new agreement allows up to $17 billion in loans by having Elliott purchase Klarna receivables,...
Equitable Holdings to Merge with Corebridge Financial in $22B All‑Stock Deal
Equitable Holdings and Corebridge Financial have announced an all‑stock merger valued at $22 billion. Corebridge shareholders will own 51% of the new parent, which will retain the Equitable name and serve over 12 million customers with $1.5 trillion in assets. The transaction is...
Inspira Technologies Raises $4.75M in Registered Direct Offering
Inspira Technologies announced the completion of a registered direct offering that raised approximately $4.75 million in gross proceeds. The capital will bolster the company's liquidity as it expands commercial deployment of its ART100 system and advances its pipeline. The offering was...
Louisiana State University Issues $55.2M Municipal Bond to Refund 2016 Debt
Louisiana State University issued $55.2 million of auxiliary revenue bonds, priced by Raymond James, to refinance bonds issued in 2016. The bonds mature between 2027 and 2036 and are expected to generate $3.8 million in gross debt‑service savings. The deal, approved by the...
MARA Holdings Sells $1.1B of Bitcoin to Retire $1B of Convertible Debt
MARA Holdings, the largest U.S. Bitcoin miner, sold 15,133 BTC for about $1.1 billion between March 4‑25, 2026. The proceeds were used to repurchase roughly $1 billion of its 0 % convertible senior notes due 2030 and 2031 at a 9 % discount, cutting its...
ACEN Secures $90M Debt Financing From Mitsubishi UFJ and Sumitomo Mitsui for India Wind Project
ACEN Corp., the energy arm of the Ayala Group, secured a loan of roughly $90 million from Mitsubishi UFJ Financial Group and Sumitomo Mitsui Banking Corp. to partially fund Phase 1 of the 100 MW Bijapur wind project in India. The financing, equivalent to P4.8 billion...
AMC Networks Redeems $44.4M of High‑Interest Senior Secured Notes
AMC Networks announced on March 26, 2026 that it is redeeming $44.4 million of its 10.25% senior secured notes due 2029, paying $1,051.25 per $1,000 of debt plus interest through April 6. The move follows a larger exchange of $830.6 million of notes for new...
Shield AI Raises $2B in Series G and Preferred Equity Financing at $12.7B Valuation
Shield AI announced a $1.5B Series G round and $500M preferred equity financing, valuing the company at $12.7B. The capital will fund the acquisition of defense simulation firm Aechelon Technology and accelerate development of its Hivemind autonomy platform.