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KBRA Assigns Preliminary Ratings to OnDeck Asset Securitization Trust IV, LLC, Series 2024-1 May 6, 2024 04:56PM

NEW YORK--(BUSINESS WIRE)-- KBRA assigns preliminary ratings to notes issued by OnDeck Asset Securitization IV, LLC (“ODAS IV” or the “Issuer”). ODAS IV will issue three classes of Series 2024-1 Notes (“ODAS IV 2024-1”) totaling $299.491 million.

Founded in 2006, ODK Capital, LLC d/b/a/ On Deck Capital Inc. ( “OnDeck” or the “Company”) operates through an online lending platform (www.ondeck.com) (the “OnDeck Platform”) to originate small... (continue reading...)


Pega to Present at Upcoming Investor Conference May 6, 2024 04:55PM

CAMBRIDGE, Mass.--(BUSINESS WIRE)-- Pegasystems Inc. (NASDAQ: PEGA), the leading enterprise AI decisioning and workflow automation platform provider, today announced that Alan Trefler, Founder and CEO, and Ken Stillwell, COO and CFO, Pega, will be presenting at the following upcoming investor conference:


Medical Properties Trust Comments on Steward Health Care Restructuring May 6, 2024 04:54PM

BIRMINGHAM, Ala.--(BUSINESS WIRE)-- Medical Properties Trust, Inc. (the “Company” or “MPT”) (NYSE: MPW) today issued the following statement in response to Steward Health Care’s decision to commence an in-court restructuring process under Chapter 11 of the U.S. Bankruptcy Code.

MPT has approved the funding of $75 million in debtor-in-possession financing. The Company has not committed to providing additional funding beyond this amount. MPT expects... (continue reading...)


Special Opportunities Fund Provides Update On FAST Acquisition Corp. Settlement May 6, 2024 04:54PM

SADDLE BROOK, N.J.--(BUSINESS WIRE)-- Special Opportunities Fund, Inc. (NYSE: SPE) is providing the following update regarding the settlement of a class action lawsuit filed in the Delaware Court of Chancery against FAST Acquisition Corp. (“FAST”). Additional information regarding the lawsuit is also available on the settlement website.

As previously stated, the proposed settlement, which has been approved by the court, provides for a gross cash payment of... (continue reading...)


Deadliest Mpox Crisis Demands Global Action Now, says AHF May 6, 2024 04:53PM

KAMPALA, Uganda--(BUSINESS WIRE)-- As the Democratic Republic of the Congo fights its deadliest mpox outbreak in history, AIDS Healthcare Foundation (AHF) urges global cooperation for the response to the fullest extent possible to ensure the DRC and the continent have adequate resources and equitable access to lifesaving vaccines. According to the Africa Centres for Disease Control and Prevention, mpox is endemic in 12 African countries.

“The current mpox... (continue reading...)


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