CFO: Tackling ‘Disclosure Overload’
In a recent report, CFO notes from the point of view of CFOs at public companies, the issue of what and how much to reveal in financial statement has become a game of chicken leading to “disclosure overload.”
In a recent report, CFO notes from the point of view of CFOs at public companies, the issue of what and how much to reveal in financial statement has become a game of chicken leading to “disclosure overload.”
The IT Business Edge displays GE Capital International CIO Kevin Griffin’s slideshow on how the role of the CIO has evolved. It notes that the CIO’s ability to adapt and play a major role in partner and customer relations is a top priority for success.
According to Bloomberg, U.S. companies are forecast to cross the Atlantic to raise funds in euros at the fastest pace in at least eight years in 2015 as borrowing costs in Europe fall below dollar rates by the most in a decade.
Energy management provider, Bright Power announced it has received a $5 million strategic financing commitment from WindSail Capital Group.
Turtle Beach announced it has entered into an amendment to its loan agreement with Bank of America that will allow the company to repay $7.7 million of existing subordinated debtor.
The M&A Advisor announced the winners of the 9th Annual M&A Advisor Turnaround Awards, to be presented at the Awards Gala on Monday, February 23 at the Colony Hotel, Palm Beach, FL.
Atlantic Tele-Network said it amended its existing credit facility that provides for a five year $225 million revolver and the ability to increase the revolver by up to an additional $200 million. ATN said the facility was arranged by CoBank as lead arranger.
Horizon Technology Finance led a $10 million venture loan for Palatin Technologies, a biopharmaceutical company.
MB Business Capital said it provided a new senior credit facility to SMWC Acquisition, which does business under the name Steel Manufacturing & Warehouse.
EVRAZ North America closed on a new $515 million ABL revolving credit facility. GE Capital, Corporate Finance and Bank of America acted as joint lead arrangers and joint bookrunners.