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Gores Technology Partners II, Inc. Completes $460 Million Initial Public Offering
March 16, 2021 GMT
BOULDER, Colo. (BUSINESS WIRE) Mar 16, 2021
Gores Technology Partners II, Inc. (the “Company”), a blank check company sponsored by an affiliate of The Gores Group, LLC, a global investment firm founded in 1987 by Alec Gores, and formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, today announced the closing of its initial public offering of 46,000,000 units, which includes 6,000,000 units issued pursuant to the full exercise by the underwriter of its over-allotment option. The offering was priced at $10.00 per unit, resulting in gross proceeds of $460,000,000, before deducting underwriting discounts and commissions and other offering expenses payable by
KORE to List on NYSE through Merger with Cerberus Telecom Acquisition Corp – Consumer Electronics Net consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.
DataBank to Issue $658 Million of Secured Notes in Inaugural Securitization Offering
First-Ever Securitization in Enterprise Data Center Colocation Environment
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DALLAS, March 12, 2021 /PRNewswire/
DataBank, a leading provider of enterprise-class colocation, connectivity, and managed services, today announced that it will issue $658 million of secured notes in its first-ever securitization offering.
The new securitization notes will refinance DataBank s existing credit facility, providing additional capital to support expansion, while substantially reducing financing costs by more than 50%. This securitization and refinancing of previous loans adds more than $200 million in liquidity to DataBank s balance sheet, providing ample funding for general purposes and continued investment in new data center capacity. In addition, the financing locks in rates for five years and provides a powerful launchpad from which the company can initiate fut
Cardinal Health signs definitive agreement to sell its Cordis business to Hellman & Friedman
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DUBLIN, Ohio, March 12, 2021 /PRNewswire/ Cardinal Health (NYSE: CAH) today announced that it has signed a definitive agreement to sell its Cordis business to Hellman & Friedman (H&F) for approximately $1 billion, which includes buyer s assumption of certain liabilities and seller s retention of certain working capital accounts. The transaction is expected to close in the first half of Cardinal Health s fiscal year 2022, subject to customary closing conditions and regulatory clearances. Cordis has a long history of innovation in minimally-invasive cardiovascular technology, and we are confident that with H&F as its owner, Cordis will be well-positioned for growth, innovation and success, said Mike Kaufmann, CEO of Cardinal Health. Cardinal Health and H&F have a shared passion for delivering high-quality medical products to custome