refinancing

Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
Peloton to Launch Global Refinancing 3 Weeks After Beginning Restructuring
May 20, 2024  |  Fitness

Peloton Interactive plans to launch a global refinancing. The connected fitness company will offer $275 million aggregate principal amount of convertible senior notes due 2029 in...

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Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
Report: SumUp Aims to Raise $1.1 Billion to Refinance Debt
February 23, 2024  |  Investments

SumUp is reportedly looking to raise 1 billion euros ($1.1 billion) from private credit lenders. The U.K. payments company would use the money to refinance existing...

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Record-High Share of Americans Have Paid Off Their Homes 
Record-High Share of Americans Have Paid Off Their Homes 
November 17, 2023  |  Real Estate

An increasing number of Americans have realized the dream of owning a home without the burden of a mortgage.  Nearly 40% of homeowners in the...

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LendingClub Picks Santander as Auto Refinancing Partner
LendingClub Picks Santander as Auto Refinancing Partner
September 12, 2023  |  News

LendingClub has tapped Santander Consumer as the primary loan servicer for its auto refinance portfolio.  The partnership, announced Tuesday (Sept. 12), involves LendingClub Bank’s direct auto refinance program...

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Business Bankruptcies Rise 17% in August Due to Interest Rates
Business Bankruptcies Rise 17% in August Due to Interest Rates
September 05, 2023  |  Economy

Business bankruptcies reportedly experienced a sharp increase in August, with more companies seeking court protection from their creditors. This rise can be attributed to rising...

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Mortgage Applications Drop Again, But Refis Remain Strong
Mortgage Applications Drop Again, But Refis Remain Strong
July 29, 2020  |  Real Estate

Home loan applications overall fell 0.8 percent last week as rates on FHA loans rose, according to the Mortgage Bankers Association (MBA). Michael Fratantoni, the...

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Rocket Cos., Quicken Loans Parent, Files IPO 
Rocket Cos., Quicken Loans Parent, Files IPO 
July 08, 2020  |  IPO

Rocket Companies, one of the nation’s largest mortgage lenders and parent of Quicken Loans, filed its initial public offering (IPO) late Tuesday (July 7). In...

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Borrowers Come Up Short On Home Equity Lines In Pandemic
Borrowers Come Up Short On Home Equity Lines In Pandemic
June 18, 2020  |  Loans

For many Americans, home equity lines of credit aren’t a sure thing right now, with a 19 percent drop nationwide, The Wall Street Journal (WSJ)...

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NOAH CEO: How A New Twist On Home Equity Helps Homeowners Bridge The Cash Crunch
NOAH CEO: How A New Twist On Home Equity Helps Homeowners Bridge The Cash Crunch
April 28, 2020  |  Real Estate

As the economy has more or less ground to a halt over the last several weeks, time has become harrowing for homeowners who face frozen...

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