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CHARLOTTE, N.C.--(BUSINESS WIRE)--RXO, Inc. (NYSE: RXO) (the “Company”) today announced that it has priced its offering of $400 million aggregate principal amount of 6.375% Senior Notes due 2031 (the “2031 Notes”). The 2031 Notes will initially be guaranteed on a senior unsecured basis by the domestic subsidiaries of the Company that are guarantors under the Company’s asset-based revolving credit facility. The Company intends to use the net proceeds from the offering of the 2031 Notes to repurc...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 6 classes of mortgage-backed certificates from GS Mortgage-Backed Securities Trust 2026-DSC1 (GSMBS 2026-DSC1), a $301.8 million RMBS transaction sponsored by Goldman Sachs Mortgage Company (Goldman Sachs) solely backed by collateral underwritten to debt-service coverage ratio (DSCR) guidelines. The underlying pool ($301.8 million), comprising 1,331 rental property mortgages as of the February 1, 2026 cut-off date. The mortgage loan...

HARRISBURG, Pa.--(BUSINESS WIRE)--Mid Penn Bancorp, Inc. (“Mid Penn”) (NASDAQ: MPB) and 1st Colonial Bancorp, Inc. (“1st Colonial”) (OTCPK: FCOB) announced today that shareholders from 1st Colonial overwhelmingly approved Mid Penn’s proposed acquisition of 1st Colonial at a special meeting of 1st Colonial’s shareholders (the “1st Colonial special meeting”) held on February 11, 2026. Over 80% of the outstanding shares of 1st Colonial common stock were represented at the 1st Colonial special meet...

NEW YORK--(BUSINESS WIRE)--Granite Point Mortgage Trust Inc. Reports Q4 and Full Year 2025 Financial Results and Post Quarter-End Update...

MANHATTAN BEACH, Calif.--(BUSINESS WIRE)--CQL Capital, a private equity firm focused on partnering with founder and family-owned businesses, today announced a strategic investment in Erie Strayer, a fourth-generation, family-owned leader in concrete batching solutions. The investment supports Erie Strayer’s long-term growth initiatives while preserving the company’s legacy, family values, leadership, and customer-first culture. Founded in 1912, Erie Strayer has earned a reputation for engineeri...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to ME Funding, LLC, Series 2026-1 (Massage Envy 2026-1), a whole business securitization (WBS). Massage Envy 2026-1 represents the Issuer’s third securitization following the establishment of the master trust in 2019. KBRA anticipates withdrawing the ratings on the Issuer’s Series 2024-1, Class A-1-VFN, Class A-1-LR and Class A-2 Notes in conjunction with the issuance of the Series 2026-1 Notes, whose proceeds are being used to fully r...

NEW YORK--(BUSINESS WIRE)--Marsh (NYSE: MRSH) (the “Company”) announced today that it has priced $600 million aggregate principal amount of its 4.950% Senior Notes due 2036 (the “Notes”). The Company intends to use the net proceeds from the Notes offering for general corporate purposes. The closing of the Notes offering is expected to occur on February 19, 2026, subject to the satisfaction of certain customary closing conditions. Citigroup Global Markets Inc., J.P. Morgan Securities LLC, Wells...

NEW YORK--(BUSINESS WIRE)--KBRA assigns preliminary ratings to 102 classes of mortgage pass-through certificates from Sequoia Mortgage Trust 2026-3 (SEMT 2026-3), a $384.7 million prime RMBS transaction. The pool is comprised of 305 first-lien, fully amortizing fixed rate mortgages with mostly 30-year maturity terms. The collateral is characterized by a weighted average (WA) original credit score of 782 and moderate borrower equity, with a WA original LTV of 71.8% and WA original CLTV of 71.8%....

TORONTO--(BUSINESS WIRE)--Hamilton ETFs Wins Two FundGrade A+® Awards for 2025...

PALO ALTO, Calif.--(BUSINESS WIRE)--Navan (NASDAQ: NAVN), the global AI-powered business travel and expense platform, today announced the appointment of Aurélien Nolf as Chief Financial Officer, effective March 2, 2026. Nolf is a seasoned finance and business leader with more than 20 years of international public company experience in FP&A, controllership, investor relations, and public accounting. As VP, Head of FP&A and Investor Relations at Lyft, Nolf has played an important role in...