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Tag: investment

Nebraska Governor: Major Investment from Dollar General Corporation
Politics

Nebraska Governor: Major Investment from Dollar General Corporation

Gov. Ricketts Announces Major Blair Investment from Dollar General Corporation LINCOLN, NE (STL.News) Today, Governor Pete Ricketts relayed news of Dollar General Corporation’s plans to build a state-of-the-art distribution center in Blair.  The facility, which will include dual capabilities between the company’s dry and DG Fresh supply chain operations, represents an $85 million investment from the major retailer in Washington County and is expected to create 400 new jobs at full capacity.  Construction is scheduled to begin next month, with completion slated for 2022. “This $85 million investment by Dollar General speaks to Nebraska’s business friendliness and natural advantages as a logistics and supply chain hub,” said Gov. Ricketts.  “The dual distribution center also adds to the tre...
Extra Space Storage Makes $300 M Investment in Jernigan Capital
Business

Extra Space Storage Makes $300 M Investment in Jernigan Capital

SALT LAKE CITY, UT (STL.News) Extra Space Storage Inc. ("Extra Space" or the "Company") (NYSE: EXR), a leading owner and operator of self-storage properties, announced today it made a $300 million investment in preferred stock of Jernigan Capital, Inc. ("JCAP") in connection with the acquisition of JCAP by affiliates of NexPoint Advisors, L.P.  The previously announced acquisition was approved by JCAP stockholders on October 26, 2020, and closed on Friday, November 6, 2020. Extra Space's preferred stock investment consists of a $200 million tranche, which will yield 10% per annum and a $100 million tranche which will yield 12% per annum, for a blended yield of 10.7% per annum.  After five years, the preferred dividend increases annually if the investment is not retired by JCAP and include...
Governor Evers: Investment Of $10 Million in Wisconsin Nonprofits
Politics

Governor Evers: Investment Of $10 Million in Wisconsin Nonprofits

Grants support nonprofit organizations providing critical services as COVID-19 continues surge in Wisconsin MADISON, WI (STL.News)  Gov. Tony Evers today announced a $10-million investment aimed at providing economic stabilization for nonprofit organizations providing critical services to Wisconsinites during COVID-19, which continues to surge across Wisconsin. “The COVID-19 pandemic has affected folks and families across our state in nearly every aspect of their lives,” said Gov. Evers.  “Our nonprofit organizations have been there every step of the way, answering the call to serve by providing critical and diverse services to Wisconsinites who are facing significant challenges.  The economic stability of our nonprofits is key to ensuring they are able to continue this good work for peop...
Willis Towers Watson Prices Offering of $275,000,000 of Additional Senior Notes
Business

Willis Towers Watson Prices Offering of $275,000,000 of Additional Senior Notes

ARLINGTON, VA and LONDON (STL.News) Willis Towers Watson Public Limited Company (NASDAQ: WLTW) (“Willis Towers Watson”), announced pricing of a registered offering (the “Offering”) by Willis North America Inc. (“Willis North America”), an indirect wholly-owned subsidiary of Willis Towers Watson, of an additional $275,000,000 aggregate principal amount of 2.950% senior unsecured notes due 2029 (the “new notes”).  The new notes will be issued under the indenture pursuant to which Willis North America previously issued $450,000,000 aggregate principal amount of 2.950% senior unsecured notes due 2029 (the “initial notes” and, together with the new notes, the “notes”), all of the initial notes remain outstanding.  The new notes will be treated as the same class and series as, and otherwise iden...
S&P Dow Jones Indices Announce Reconstitution of S&P BSE Indices
Business

S&P Dow Jones Indices Announce Reconstitution of S&P BSE Indices

MUMBAI (STL.News) S&P Dow Jones Indices Announce Reconstitution of S&P BSE Indices - Asia Index Private Limited announces reconstitution results for the below mentioned indices.  Effective at the open of Monday, June 22, 2020, following changes will be made to the below indices: NOTE: this is NOT the complete release. CLICK to VIEW COMPLETE RELEASE