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Stock impact report

New York Life Prices Medium-Term Note in Partnership with Diverse-Owned Banks [Yahoo! Finance]

Siebert Financial Corp. (SIEB) 
US:NASDAQ Investor Relations: siebertnet.com
Company Research Source: Yahoo! Finance
funding agreement-backed Medium-Term Note (MTN) offering in partnership with a consortium of diverse-owned banks. This $600 million, 3-year innovative transaction marks a significant milestone for New York Life as the company continues to drive inclusion and equity in its financial offerings. The MTN offering leverages the expertise of several minority, veteran and women-owned banking institutions, highlighting New York Life's dedication in partnering with institutions that reflect the diversity of the communities it serves. "We are proud to take this important step for New York Life with our first funding agreement-backed Medium-Term Note offering supported primarily by diverse-owned financial institutions," said David Cruz, Senior Vice President, New York Life. "This collaboration strengthens our commitment to fostering inclusion in capital markets while delivering compelling investment opportunities for our clients." A Partnership that Paves the Way for Inclusive Growth Whi Show less Read more
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