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RPAY News4 articles
Nvidia's Multi-Billion Dollar Prepayment Fuels Corning's AI Data Center Expansion
Nvidia has prepaid Corning several billion dollars to fund new U.S. factories, expanding optical fiber production for AI data centers and boosting Corning's long-term sales targets.
Tempus AI Upsizes Convertible Debt to $400M, Eyes Loan Repayment
Tempus AI priced $400M in 0% convertible senior notes, using proceeds to repay $307.7M in loans. Shares fell 7.6% premarket despite strong Q1 revenue growth.
Brazilian Banks Gain as Central Bank Eases Liquidity Crunch from Deposit Insurance Prepayments
Brazil's central bank announced a measure allowing banks to offset mandatory prepayments to the deposit insurance fund against reserve requirements, potentially unlocking R$30 billion in liquidity by 2026. Shares of major Brazilian banks, including Banco Bradesco, rose following the news.
PLS Secures Major Lithium Supply Pact with Canmax, Including $100M Prepayment and Price Floor
PLS Group shares gained after announcing a two-year spodumene supply agreement with Canmax Technologies, featuring a US$1,000 per tonne price floor and a US$100 million prepayment. The deal covers 150,000 tonnes annually from 2026.