Skydance Rebrands for Oct. 6 Close, Shifts to NYSE as SKYD
Paramount Skydance rebrands as Skydance Corporation, transfers to NYSE under SKYD, and confirms an October 6 close after settling antitrust claims.
capital markets
onsemi Revises Synaptics Deal to $5.7B All-Cash at $123
onsemi restructured its acquisition of Synaptics into a $5.7B all-cash transaction at $123 per share, backed by a $2.45B Morgan Stanley term loan facility.
Covered Interest Rate Parity: How FX Swaps and Forwards Work
Learn how covered interest rate parity (CIP) prices currency forwards, links FX swaps and interest rates, and why the cross-currency basis persists.
Fed Finalizes Stress Test Rule to Cut Capital Volatility
The Federal Reserve finalized rules to halve stress-test capital volatility using two-year averaging and mandate annual public comment on supervisory models.
Treasury General Account Explained: Cash, Reserves, and Liquidity
Learn how the Treasury General Account (TGA) at the Federal Reserve works, why tax inflows drain bank reserves, and how government spending impacts liquidity.
OpenText Prices $300M Debt Tender Amid $697M Demand
OpenText priced its $300M debt tender for 2028 notes at $981.71, applying a 43.05% proration factor after receiving $697.56M in tenders.
Treasury Yields Spike as Q3 Closes: 10-Year Hits 5.29%
The 10-year U.S. Treasury yield closed the third quarter at 5.29% as benchmark borrowing rates logged an 85-basis-point quarterly surge across debt markets.
Kimberly-Clark Launches $7B Debt Exchange for Kenvue Notes
Kimberly-Clark commenced an exchange offer for up to $7B of Kenvue notes with an early tender premium as it restructures debt for its planned acquisition.
Bond Ladders Explained: How to Build a Treasury Ladder
Learn how bond ladders work, how to build a Treasury ladder for steady cash flow, and how laddering balances interest rate risk and reinvestment risk.
Tesla Secures $30B in New Unsecured Bank Credit Facilities
Tesla entered into $30 billion of new unsecured bank credit facilities with Citi and Wells Fargo, replacing its $5 billion revolver to expand liquidity.