CSA proposes hold-period exemption for institutional buyers, reviews issuer rules
A proposed exemption could reshape institutional deals – and the four-month wait may be next

A proposed exemption could reshape institutional deals – and the four-month wait may be next

Afin Bank has expanded its intermediary sales team with three new regional business development managers (BDMs). The appointments come as the lender enters its second year and follow the launch of its regulated bridging proposition, alongside its residential and buy-to-let mortgage ranges. Sabiha Moghal has joined to cover the Midlands from Charles Street Finance. She…
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Brightline Florida bondholders have agreed to a brief payment delay after the company failed, once again, to make required debt payments on time. Processing Content Holders of two tranches of Brightline Florida bonds agreed Friday to a seven-day grace period, according to a July 31 notice posted on the Municipal Securities Rulemaking Board’s Electronic Municipal…
Worldwide Plaza is slipping through RXR and SL Green’s grasp. Cushman & Wakefield has replaced SL Green as the property manager of one of New York’s highest-profile distressed office buildings, according to court filings. Photo credit: Bisnow/Ethan Rothstein Worldwide Plaza at 825 Eighth Ave. The nearly 2M SF Midtown office tower is bleeding cash and…
Jonathan Raa | Nurphoto | Getty Images Cybersecurity stocks CrowdStrike and Palo Alto Networks jumped more than 5% to new highs on Monday on renewed demand for artificial intelligence security tools following the industry’s annual Black Hat conference in Las Vegas. “The single most consistent theme across our conversations — partners, vendors, and customers alike…
Reuters reported that capital expenditures climbed to more than US$18bn from US$2.83bn a year earlier, well above the roughly US$13bn analysts had modelled, per CNN. Almost all of it went to artificial intelligence, with SpaceX directing US$15.83bn into its xAI unit during the quarter, up from US$749m a year earlier. Bret Johnsen, the company’s chief financial officer, said he expected…