Carvana, the e-commerce platform for buying and selling cars, announced the successful upsize and pricing of a Senior Secured Term Loan B Facility in an aggregate principal amount of $1.66 billion. The company intends to use proceeds from the Term Loan B, together with cash on hand, to redeem in full the Company's 9.00% Senior Secured Notes due 2030. Over the past 10 … [More]
Scottsdale Development Leads $100M Push into Tokenized Real Estate Investing
Caliber, a real estate-focused alternative asset manager, today announced that it has gone live with its PURE Pickleball & Padel investment offering as the first real estate investment on its platform to be tokenized. The initiative creates a real-world, practical example of how blockchain-based ownership infrastructure can improve the private real estate investor … [More]
National Advisory Firm Names 30-Year Veteran to Lead Phoenix Office
REDW Advisors & CPAs, a national advisory and accounting firm with more than 375 professionals across the country, has named longtime principal Christopher Tyhurst, CPA, as Phoenix Office Leader. In the role, Tyhurst will serve as the executive leader for REDW’s Phoenix office, strengthening the firm’s relationships throughout Arizona’s business and broader community, and … [More]
Landmark $22.9B Deal to Dramatically Increase Raytheon’s Tomahawk Production
Raytheon, an business, will dramatically accelerate the production of Tomahawk cruise missiles for the U.S. Navy over the multi-year period under the terms of an unprecedented $22.9 billion contract, awarded as part of the Department of War's Arsenal of Freedom. This contract follows the landmark agreements between Raytheon and the Department of War and supports the annual … [More]
