WisdomTree plans a 9% Series A preferred stock buyback and a $300 million convertible notes offering with a $45 million greenshoe option

WisdomTree, Inc. (NYSE: WT) (“WisdomTree”) has announced the pricing of a $300 million private offering of convertible senior notes due 2029 (the “notes”) to qualified institutional buyers under Rule 144A of the Securities Act of 1933. The initial purchaser was…

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Retail Union UFCW Urges Federal Home Loan Banks to Address Housing Crisis Instead of Increasing Apollo’s Profits

The United Food and Commercial Workers International Union (UFCW) is calling on regulators to reform the Federal Home Loan Bank System (FHLB) to better address the housing crisis faced by retail workers. In a comment letter regarding the FHLB’s mission,…

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Market Momentum Slows in Q2 Amid Ongoing Inflation Concerns, According to Northern Trust Universe Data

Global equity market returns were modest in the second quarter of 2024, marking a shift from the robust performance seen in the first quarter, largely due to ongoing concerns about global inflation. The median return for institutional asset owners in…

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