Net liabilities in Texas for so-called other post-employment benefits (OPEBs), which consist mainly of health care obligations to retired public employees, stood at about $110.8 billion in fiscal-year 2019, according to a new analysis from the Reason Foundation.
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GRAPEVINE, Texas, April 13, 2021 /PRNewswire/ -- Car Capital, an automotive FinTech company, has closed a $20 million credit line with Medalist Partners. This transaction gives Car Capital access to capital to expand their business, fund deals, and ultimately get consumers into cars. Car Capital's proprietary, web-based platform, Dealer Electronic Auto Loan System (DEALSSM) allows franchise and independent dealers to make 24/7 immediate auto loan decisions for 100% of their customers.
HOUSTON, April 7, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the minority recapitalization of Grand Flower Growers, LLC and its related entities (together, "GFG" or the "Company"), a leading grower and distributor of a variety of plants and premium flowers, including annuals, mums, poinsettias, perennials and various other floral arrangements in the midwestern United States. Main Street, along with its co-investor, partnered with the Company's existing owners and senior management team to facilitate the transaction and provide growth capital, with Main Street funding $20.6 million in a combination of senior secured term debt and a minority direct equity investment.
HOUSTON, April 6, 2021 /PRNewswire/ -- Main Street Capital Corporation (NYSE: MAIN) ("Main Street") is pleased to announce that it recently completed a new portfolio investment to facilitate the recapitalization of Colonial Electric Company, LLC ("Colonial" or the "Company"), a leading provider of electrical contracting services in the mid-Atlantic region of the United States. Main Street, along with its co-investor, partnered with the Company's existing owners and senior management team to facilitate the transaction, with Main Street funding $32.9 million in a combination of first-lien, senior secured term debt and a direct equity investment. Main Street and its co-investor are also providing Colonial with a revolving line of credit to support the Company's working capital needs.
HOUSTON, March 30, 2021 /PRNewswire/ -- Marathon Oil Corporation (NYSE: MRO) announced today that it sent an irrevocable notice of its intention to fully redeem its currently outstanding $500 million aggregate principal amount of 2.8% Senior Notes Due 2022 (the "Notes") on April 29, 2021 (the "Redemption Date"). This transaction will reduce gross debt by $500 million and annual cash interest expense by $14 million.
HOUSTON, March 24, 2021 /PRNewswire/ -- Endo1 Partners (Endo1), the first-of-its-kind Endodontic Partnership Organization (EPO), has closed $115 million of debt facilities with Connecticut-based Webster Bank arranging the senior facility. The transactions, which closed on March 24, 2021, will enable Endo1 to accelerate rapid growth in new markets, while strengthening its position in existing markets.
HOUSTON, March 23, 2021 /PRNewswire/ -- Golden Nugget Online Gaming, Inc. (Nasdaq: GNOG) (the "Company") today reported its financial results for the fourth quarter and for the year ended December 31, 2020.
IN RESPONSE TO STORY ON RAMIRO MEDINA AND FRIENDS
SUTTONS BAY, Mich. (AP) — An auto repair shop has tuned up the lunch accounts at a northern Michigan school district.