KBRA releases research on recent developments in federal student loan default collection policies and their likely impact on securitized consumer credit fundamentals. The Department of Education (DOE) on April 21 announced it would resume collections on defaulted student loans starting…
WisdomTree, Inc. (NYSE: WT), a global financial innovator, announced the name change of the WisdomTree Alternative Income Fund to the WisdomTree Private Credit and Alternative Income Fund (HYIN or “the Fund”). The Fund remains listed on the CBOE and has…
Oregon State Credit Union is pleased to announce it has awarded 10 local students with $2,500 college scholarships in recognition of their academic achievements, community involvement, extracurricular activities, and work experiences. “These exceptional students have contributed to their schools and…
Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA also reaffirmed WSFS’ subordinated debt rating of BBB+ and a short-term debt rating of K2.…
Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of L & I Refrigeration, Inc. to a Private Family Fund. The acquisition closed July 3, 2025. Based in Middlefield, Connecticut,…
Macquarie to Divest $1.5 Billion Car Loan Portfolio to Allied Credit Macquarie’s Banking and Financial Services group has agreed to sell a $A1.5 billion portfolio of car loans to Allied Credit, a leading independent Australian financier. The transaction includes more…
WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Frank McGrane as Executive Vice President, Chief Credit Officer (CCO). He will report to Christine Davis, Executive Vice President, Chief Risk Officer. Frank McGrane’s responsibilities as CCO…
New Mountain Finance Corporation (NASDAQ: NMFC) (“New Mountain” or “the Company”) announced today that it will release its financial results for the quarter ended June 30, 2025, on Monday, August 4, 2025, after markets close. The Company will host an…
Enterprise Financial Services Corp (Nasdaq: EFSC) (“the Company” or “EFSC”) will release its second quarter 2025 financial results on Monday, July 28, 2025. The Company will host a conference call and webcast at 10:00 a.m. CT on Tuesday, July 29,…
KBRA assigns a senior unsecured debt rating of BBB, a subordinated debt rating of BBB-, and a short-term debt rating of K3 to USCB Financial Holdings, Inc. (NASDAQ: USCB)(“the company”). Additionally, KBRA assigns deposit and senior unsecured debt ratings of…
Republic Financial, a privately-held company headquartered in Lexington, Kentucky, today announced the appointment of Michael “Mike” Pruyn to its Board of Directors. Pruyn brings more than 15 years of capital markets experience spanning structured finance and derivatives trading. His appointment…
Saba Capital Income & Opportunities Fund II (NYSE: SABA) (the “Fund”), a registered closed-end management investment company listed on the New York Stock Exchange, is notifying shareholders, prospective shareholders, and third parties of the sources of distributions pursuant to Section…
