Abacus Finance Provides Senior Debt Financing to Support SBJ Capital’s Strategic Investment in 3B International

Abacus Finance Group, a provider of cash flow-based, senior debt for sponsor-led investments in lower middle-market companies, served as senior secured credit facilities administrative agent and lead arranger to support SBJ Capital’s strategic investment in 3B International, a global fragrance developer and brand creator. This partnership will support 3B’s continued growth while continuing the company’s…

St Vincent pm demands urgent climate finance, debt relief

Prime Minister and Minister of Finance Hon. Dr. Godwin Friday has initiated a strategic push to bolster the nation’s climate resilience and economic framework following a high-level bilateral meeting with the Green Climate Fund (GCF). The meeting, held in Nassau, The Bahamas, on the sidelines of the Caribbean Development Bank’s 56th Annual Meeting, saw Prime…

Investors Cautiously Optimistic on Bally’s-Evoke Deal

Despite protracted negotiations and market uncertainty, industry experts believe that the rumored acquisition deal between Bally’s Corp. and Evoke plc remains on the table. Talks between the two sides have protracted beyond initial expectations, with both parties agreeing to extend a key deadline. While that delay has raised questions about potential issues with the deal,…

Schweikert Questions Treasury Secretary Bessent on Tax-Exempt Accountability, Debt Management – Congressman Schweikert

WASHINGTON — U.S. Rep. David Schweikert, R-Ariz., questioned Treasury Secretary Scott Bessent during a House Ways and Means Committee hearing on the Treasury Department’s priorities. Schweikert raised concerns about the size of the tax-exempt sector and the need for clearer reporting on whether tax-exempt organizations are meeting their public obligations. “We calculate about 17% of…