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PowerOak, the maker of Bluetti portable batteries, has lodged a main‑board IPO application on the Hong Kong Stock Exchange, positioning it as the city’s first listed pure‑play portable‑energy‑storage firm. The Shenzhen‑based company ranked fourth globally in 2024, capturing 6.6% of revenue and 7.5% of shipment volume, with revenue of roughly $315 million that year. While gross margins climbed to 42.3% in the first three quarters of 2025, the firm posted consecutive net losses, driven by heavy sales‑expense outlays as it expands overseas. To break a plateau in portable‑unit sales, PowerOak is diversifying into industrial, commercial and residential storage solutions.
Indian engineering services firm L&T Technology Services announced the sale of its Smart World & Communication (SWC) portfolio to AMI Paradigm Solutions, a joint venture backed by renewable‑energy conglomerate AM Group and digital infrastructure developer ParadigmIT. The transaction transfers L&T’s...
The Justice Department’s release of the searchable Epstein files gives the financial advisory and M&A community unprecedented access to real-world valuation reports, purchase agreements, and fairness opinions from top‑tier firms. The archive shows how broad discovery sweeps can pull in...
Jiangsu Aidea Pharmaceutical, a Shanghai‑Star Market listed firm specializing in HIV/AIDS therapies, is preparing a Hong Kong IPO to fund its expansion into the United States and Europe. The company projects the global AIDS‑treatment market to exceed $1.45 billion by 2027...
China Vanke Co., a distressed property developer, has approached holders of its yuan‑denominated bond maturing on April 23 to seek a payment postponement. In meetings last week, Vanke indicated it is also weighing a broader restructuring that could involve extending...
The University of California announced it will sell a roughly $3 billion portfolio of limited‑partner (LP) stakes in private‑equity funds. The move is part of a broader strategy to rebalance its $140 billion endowment and generate cash for upcoming capital needs. UC...
Stoneweg Europe Stapled Trust (Sert) has committed €50 million (≈ $54 million) to AiOnX’s data‑centre development fund through a mandatory convertible loan. The loan carries a 7.25% cash coupon, equating to roughly €3.6 million ($3.9 million) per year, and is expected to lift AiOnX’s distribution...
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The SEC’s so‑called cooling‑off rule is actually Regulation M, which imposes a quiet period between filing a preliminary prospectus and the public sale of new securities. During this window, issuers and underwriters cannot market the offering, helping to prevent premature hype...
Standard Chartered has hired Jan Metzger as global head of coverage banking for its corporate and investment banking division, based in Hong Kong. Metzger arrives from Citi, where he co‑led investment banking for Asia and oversaw major M&A and capital‑market...
Pagaya Structured Products is launching a $586.2 million asset‑backed securities (ABS) program backed by unsecured consumer loans from 11 partner lenders. The deal comprises 15 note classes, most maturing on November 15, 2033, with the senior A1 tranche extending to April 15, 2027. Credit enhancement...
IDB Invest is providing a revolving loan of up to $10 million to Total Servicios Financieros, with an additional $10 million expected from third‑party investors, to broaden financing for Peru’s micro, small and medium‑sized enterprises (MSMEs). The funds will support factoring and financial leasing...
OTC Markets Group released a simplified roadmap outlining eligibility and reporting requirements for its four market tiers, with a focus on upcoming OTCQX rule changes effective April 6, 2026. The amendments raise the minimum market capitalization from $10 million to $25 million, increase required...
Convergence Networks announced the acquisition of Certinet Systems, extending its Pacific Northwest footprint while bolstering cybersecurity and compliance capabilities for regulated sectors. The deal retains Certinet’s local leadership and layers it with Convergence’s broader service platform, offering customers after‑hours support...
Emerging‑market corporate bonds are delivering yields well above U.S. benchmarks, and the WisdomTree Emerging Markets Corporate Bond Fund (EMCB) exemplifies this trend with a 5.07% SEC yield. The actively managed ETF holds a 3.97‑year effective duration, positioning it as an...
Citigroup’s Mortgage Loan Trust issued a $1 billion residential mortgage‑backed securities (RMBS) transaction, CMLTI 2026‑RP1, backed by seasoned loans originated in 2019 or earlier. The pool shows strong performance, with 90.3% of loans maintaining a clean payment history and a low delinquency...
Barclays is scaling back its asset‑based lending to smaller borrowers after taking losses from the collapses of Market Financial Solutions (MFS) and Tricolor Holdings. The bank is redirecting capital toward larger corporate loans and securitizations, and has raised pricing on...
The Jay Group secured a $300 million refinancing loan from Affinius Capital for its 102 Fleet Place development in Downtown Brooklyn. The debt will fund the completion of the 30‑story, 495‑unit luxury multifamily tower and support lease‑up activities. The project, located near...
Jacktel AS debuted on Euronext Growth Oslo, issuing 207.5 million shares and achieving a market capitalisation of roughly $87 million at the opening price of $0.42 per share. The company raised about $2.9 million in a heavily oversubscribed private placement that attracted more...
DBRS, Inc. issued provisional credit ratings on March 25, 2026 for the Mortgage‑Backed Notes of the GS Mortgage‑Backed Securities Trust 2026‑PJ5. All senior A‑class tranches received a (P) AAA rating, while subordinate B‑class tranches were assigned lower ratings ranging from AA to...
IBM completed an $11 billion acquisition of Confluent on March 17, 2026, adding the leading data‑streaming platform used by over 6,500 enterprises, including 40 % of the Fortune 500. IBM frames the deal as buying an AI‑focused data platform that delivers real‑time data to power...
The U.S. Federal Trade Commission has filed a proposed settlement with CVS Caremark, accusing the pharmacy‑benefit manager of artificially inflating insulin prices and limiting patient access. The deal, which still requires FTC chair approval, mirrors a recent settlement with Cigna’s...
Ramraj Cotton, the Indian ethnic‑wear label famed for modernising the dhoti, is gearing its operations for a public listing by 2030. Founder K R Nagarajan aims for a ₹10,000 crore (≈$1.2 billion) turnover before the IPO, while rolling out professional systems, senior hires and...
RA Capital Management has filed a prospectus for a new SPAC, Research Alliance III, with up to $57.5 million of capital. The blank‑check vehicle is openly scouting life‑science startups, emphasizing Chinese drug developers as potential targets. While the SPAC has not yet...
OpenAI announced an additional $10 billion injection, pushing its record financing round beyond $120 billion. The expanded round brings in new backers such as Andreessen Horowitz, D.E. Shaw Ventures, MGX, TPG and T. Rowe Price, while Microsoft remains a key investor. CFO Sarah Friar hinted...
South Korean memory chipmaker SK Hynix disclosed to the U.S. SEC that it is preparing a public offering of American Depositary Receipts, targeting a 2026 listing on a U.S. exchange. The company said the size, method and timing remain under...
Beijing‑based China Renaissance, managing about $4.6 billion in assets, has appointed Enna Weng as head of its U.S. capital markets unit and plans to add at least seven North‑America bankers this year. The move signals a renewed push to help Chinese...
Wells Fargo Commercial Mortgage Trust raised $586.3 million through a conduit transaction (series 2026‑C66) backed by 29 fixed‑rate commercial mortgage loans on 75 properties. The deal issues seventeen certificate classes, with the top‑rated AAA tranches enjoying a 30% credit‑enhancement cushion. The...
Global share buybacks reached a record $1.46 trillion in 2025, up 8.4% year‑on‑year. Fifty‑two percent of companies in Capital’s index repurchased shares, a rise from 36% in 2015. The United States contributed 71% of total buybacks, while Europe accounted for just...
In the latest SCI‑In‑Conversation podcast, Aareal Bank’s chief credit officer Ralf Loewe outlined the institution’s growing reliance on capital‑relief trades, particularly Structured Risk Transfers (SRTs), to optimise regulatory capital. He highlighted recent market trends, including tighter spreads on asset‑backed securities and...
Synthetic risk transfer securities (SRTs) continue to trade at a spread premium over comparable asset‑backed securities (ABS), despite a broader tightening of credit markets. Tristan Teoh of Insight Investment notes the premium sits around 30‑50 basis points, reflecting strong investor...
The Asia‑Pacific region is experiencing a second year of strong M&A activity, with 2026 building on a robust 2025. Recent transactions involve hotel, food‑delivery, and energy assets across Vietnam, Taiwan, Japan, and Thailand. Japanese corporations are accelerating purchases of Western‑oriented...
Forgent Power Solutions and its shareholders are launching a secondary offering of 30 million shares, less than two months after the company's IPO. Investors linked to Neos Partners will sell 20.7 million shares while Forgent itself will issue 9.31 million shares. Priced at...
Spanish plasma‑based drugmaker Grifols announced approval for a U.S. initial public offering of a minority stake in its U.S. biopharma business. The parent will keep its primary listing in Spain and retain majority control of the unit. Proceeds from the...
Stack Capital Group Inc. announced a best‑efforts private placement to raise up to CAD 15 million (≈ US $11 million). The deal splits into a LIFE Offering of 466,666 units at CAD 18.75 each (≈ US $13.9) for up to CAD 8.75 million (≈ US $6.5 million) and a Concurrent Private Placement of...
Metrobank closed its public offer for the Series F ASEAN Sustainability peso‑denominated bonds a week early, citing strong investor demand. The 1.5‑year bonds carry a fixed 5.4727% coupon and will be listed on the Philippine Dealing & Exchange Corp. on April 14....
Rank One Computing Corp. (ROC) went public on February 23, raising $24 million in its Nasdaq IPO. Approximately $10.8 million will fund hiring engineers and scientists, $3.2 million will expand neural‑processing infrastructure, and $7.6 million will support working capital. Federal government contracts, which made...
Nelson Peltz’s activist firm Trian Fund Management has upgraded its bid for London‑based asset manager Janus Henderson to a "best and final" $8 billion offer, translating to $52 per share and clearing the $50‑a‑share hurdle. The proposal represents a 25% takeover...
Japan’s Sumitomo Mitsui Financial Group (SMFG) is reportedly assessing a bid for U.S. investment bank Jefferies, prompting a modest rally in the lender’s stock. Jefferies shares have slumped 34% this year after exposure to bankrupt auto‑parts maker First Brands, though...
Saudi quick‑commerce startup Ninja, founded in 2022, is weighing a Riyadh IPO after posting roughly $1 billion in 2025 revenue and targeting $1.6 billion in 2026. The company secured $250 million of funding in 2025, lifting its valuation to $1.5 billion and joining Saudi...
OpenAI is close to securing roughly $10 billion from a new venture round, bringing its latest fundraising total to about $120 billion. The round values the company at approximately $730 billion post‑money. Abu Dhabi‑based MGX, Coatue Management and Thrive Capital are leading the...
Roadside assistance provider RAC is preparing a potential £5 billion ($6.4 billion) flotation on the London Stock Exchange, marking the largest UK IPO in years. Private‑equity owners CVC Capital Partners and Silver Lake are reportedly lining up to sell their stakes, which...
Core Scientific secured $500 million in financing from JPMorgan, bringing its total Wall Street commitments to $1 billion after a prior $500 million from Morgan Stanley. The funding will accelerate equipment purchases, property acquisitions, and energy contracts as the miner pivots its 11...
Nova Scotia Supreme Court judge extended the stay of CFFI Ventures’ CCAA restructuring until May 29, keeping the $1.4 billion (≈ $1.0 billion USD) debt under court protection. A monitor from FTI Consulting will re‑evaluate the company’s roughly $367 million (≈ $270 million USD) asset base,...
Goeasy Ltd. secured debt‑relief concessions after a Q4 charge‑off surge of C$331 million ($241 million) forced its auto‑lending unit LendCare out of compliance, sending shares down over 60 % and its 6.875 % note to 79.25 cents. Lenders waived covenants, raised spreads by 100 basis...
Spain’s finance ministry has floated a new eligibility pathway that would allow sovereign bonds to be classified as sustainable under the EU’s Sustainable Finance Disclosure Regulation (SFDR). The proposal seeks to broaden the pool of assets that can meet ESG...
Advent announced the acquisition of Salt & Stone, the fast‑growing body‑care brand known for its natural, cruelty‑free products. The transaction includes the exit of Humble Growth, which made a minority investment in Salt & Stone in 2024. Financial terms were...
LondonMetric Property and Schroders Real Estate Investment Trust are reportedly weighing an all‑share bid to acquire Picton Property Services. The proposal would involve exchanging shares rather than cash, preserving liquidity for Picton’s shareholders. Picton has not received a definitive offer...
Cerebral, a large integrated mental‑health provider, has acquired Inflow, a CBT‑based digital therapeutic app for adult ADHD, though financial terms were not disclosed. Inflow delivers short, science‑backed daily modules and is supported by an eight‑week randomized controlled trial showing significant...
Euler Motors secured a $47 million Series E round led by Lightrock, complemented by roughly $30 million in debt financing. The funding will boost product development, manufacturing capacity, and its dealer network across India. Revenue grew 12% to about $23 million in FY25 while...
The article clarifies how municipal bonds differ from bank loans, emphasizing that bonds do not create money while loans do through deposit creation. It walks through a $900 bond issuance, showing how an investment‑bank underwriter sells the securities, deducts fees,...
