The financing is backed by a £202m National Wealth Fund guarantee, while both facilities are fully contracted to CoreWeave under a 15-year agreement.
CRE Herald
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The parent company of Snapchat signed a sublease in New York City that won’t vanish after ten seconds. Snap Inc. agreed to sublease 199,000 square feet at the Vornado Realty Trust’s Penn 2 in Manhattan’s Penn District. The agreement was disclosed in a monthly Colliers report, which noted the deal was the second-largest in Manhattan’s…
Munis were little changed Friday as short-term U.S. Treasuries cheapened and equities ended higher. Processing Content Muni yields cheapened up to one basis point, depending on the curve. UST yields cheapened 10 years and in, with the largest losses on the front end. One of the big stories of the year has been demand, which…
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Just Another Reasonably Bad Day For Bonds 2 Hours, 33 Min ago Just Another Reasonably Bad Day For Bonds Bonds had a bad day for the 3rd time this week. The weakness was reasonable in light of fuel prices hitting the highest level since 2022 by some measures. That said, the intraday…
House prices showed an effective 0% change in June, averaging at £299,253. Lloyds’ latest house price index (HPI) showed a marginal drop in house prices from £299,396 in June to £299,253 in July – a mere nominal change, effectively at 0%. Annually, this represented a 0.1% growth in house prices. This was the slowest…
Ant’s $1.2 Billion Series A The financing supports expansion of its global payments and financial services business and positions the Alibaba-backed fintech unit for a potential future IPO. Participants included Ant Group and Alibaba Group. Parafin’s $300M forward-flow funding agreement Parafin recently surpassed 50,000 funded businesses and inked partnerships with Goldman Sachs, EverBank, First Citizens,…