Companies vying to complete $2B replacement of Newark Airport monorail
Updated 11:02 AM;
Four companies got a green light from the Port Authority Wednesday to draft proposals to replace the old Newark Liberty International Airport monorail with a “21st Century Air Train,” with a goal of starting construction in mid-2022.
Officials, including Gov. Phil Murphy, called it a significant step in honoring the authority’s October 2019 commitment to the governor after he called for a $2 billion replacement of the 25-year old monorail that connects the airport terminals and the Northeast Corridor rail line.
The four groups selected are consortiums of major construction companies, transit equipment builders and engineering companies.
May 05 2021, 10:23 AM
May 04 2021, 11:06 PM
May 05 2021, 10:23 AM
(Bloomberg) NXP Semiconductors NV sold $2 billion of bonds to help finance the development of semiconductors that reduce energy consumption in products like power adapters and electric vehicles.
(Bloomberg) NXP Semiconductors NV sold $2 billion of bonds to help finance the development of semiconductors that reduce energy consumption in products like power adapters and electric vehicles.
The chipmaker issued bonds in two parts, according to a person with knowledge of the matter, who asked not to be identified as the details are private. The longer portion of the deal, a 20-year security, yields 1.15 percentage points above Treasuries, down from the initially targeted 1.5% premium, the person said. That equates to about 3.30%.
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EINDHOVEN, The Netherlands, May 04, 2021 (GLOBE NEWSWIRE) NXP Semiconductors N.V. (NASDAQ:NXPI) (together with its subsidiaries, NXP ) announced today the pricing of the previously announced offering by its subsidiaries NXP B.V., NXP Funding LLC and NXP USA, Inc. (together, the Issuers ) of $1,000 million aggregate principal amount of senior unsecured notes due 2031 (the 2031 Notes ) and $1,000 million aggregate principal amount of senior unsecured notes due 2041 (the 2041 Notes and, together with the 2031 Notes, the Notes ) pursuant to Rule 144A and Regulation S under the U.S. Securities Act of 1933, as amended (the Securities Act ). The 2031 Notes will bear interest at 2.500% per annum and will mature on May 11, 2031. Interest on the 2031 Notes will be payable semi-annually on May 11 and November 11 of each year, beginning on November 11, 2021. The 2041 Notes will bear interest at 3.250% per annum and will mature on May 11, 2041. Interest on the 2041 Notes will b
Innovative Banks Back Intelligent Bill Pay Capability on the RTP® Network
Leading financial institutions and FI technology providers commit to a reimagined bill payment experience for billers and bank customers
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NEW YORK, May 5, 2021 /PRNewswire/ Today, CEOs of 23 leading financial institutions, along with the chief executives of Jack Henry & Associates and Fiserv, are committing to delivering the next revolution in how bills are delivered and paid by creating a smarter, safer, and more transparent digital experience via the RTP® Network, the real-time payments network from The Clearing House.
In a letter, the CEOs of the companies backing the new bill pay capabilities stated their organizations are making the investments needed to deliver a new bill-pay experience over mobile and online channels. Billers will be able to present a bill securely through a bank s digital channel using a RfP (Request for Payment) message