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The deal is scheduled to complete in H2 2024, subject to regulatory notifications, approvals and other customary closing conditions ....

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Bondholder Preston Hollow beats UI Hospitals and Clinics in auction for Mercy IC assets

This is a developing story. Check back for updates. Bondholder Preston Hollow Community Capital topped the University of Iowa’s $20 million bid to acquire Mercy Iowa City and its assets in a prolonged auction. The decision was announced late Tuesday evening after several days of talks between Mercy Iowa City, Preston Hollow, and a committee. ....

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Mercy IC auction remains unresolved after late-night continuance

The auction for Mercy Iowa City’s assets remains unresolved. After a late-night continuance of the auction on Wednesday to further negotiations, and no further action Thursday, Mercy still hangs in the balance. According to court filings, the auction was postponed to a later date, with no specifics provided, but the document stipulated that the final. ....

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Regents approve UI's $20 million bid to acquire Mercy Iowa City

This is a developing story. Check back for updates. University of Iowa Health Care’s acquisition of Mercy Iowa City will quickly move to bankruptcy court following a unanimous vote by the state Board of Regents Tuesday to approve the university’s $20 million bid. UIHC and Mercy will file an agreement with the U.S. Bankruptcy Court. ....

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Kinross to redeem $500 million in Senior Notes on August 10, 2023

TORONTO, July 11, 2023 Kinross Gold Corporation announced today it will redeem all of the outstanding 5.95% Senior Notes due March 15, 2024 , which have an aggregate principal amount of. ....

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