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Diverse banks are strong in municipal bonds, but now these firms are eyeing corporate America.
As social-justice issues gather steam, Wall Street is keen to be on the right side of history.
Minority-led firms have had limited chances in the corporate-bond market, but change is underway.
When a series of African American mayors took office throughout the 70s and 80s, few understood the significance this would have on one of the tinier pockets of the financial markets.
New York MTA touts diverse bond advisory pool
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
California deals will push a creative refunding mechanism to new heights
bondbuyer.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bondbuyer.com Daily Mail and Mail on Sunday newspapers.
Michigan business leaders wade into election law debate
General Motors Co. CEO Mary Barra
A group of Michigan business leaders have waded into the national debate over voting rights in the face of tighter restrictions signed into law in Georgia and new rules proposed in Michigan by Republican lawmakers.
On Tuesday, 37 CEOs and board chairs of some of Michigan s largest companies released a joint statement outlining broad principles they believe should be followed as state lawmakers debate changes to election laws. Government must avoid actions that reduce participation in elections particularly among historically disenfranchised communities, persons with disabilities, older adults, racial minorities and low-income voters, the statement reads. Government has a responsibility to continuously improve and strengthen election administration, because public faith in the security and integrity of our elections is fundamental.
Compass Announces Pricing of Initial Public Offering
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NEW YORK, March 31, 2021 /PRNewswire/ Compass, Inc. (Compass) today announced the pricing of its initial public offering of 25,000,000 shares of its Class A common stock at a public offering price of $18.00 per share. The shares are expected to begin trading on the New York Stock Exchange on April 1, 2021 under the ticker symbol COMP. The offering is expected to close on April 6, 2021, subject to the satisfaction of customary closing conditions.
In addition, the underwriters have been granted a 30-day option to purchase up to an additional 3,750,000 shares of Class A common stock from Compass at the initial public offering price, less underwriting discounts and commissions.