Slide Insurance Secures $175 Million Senior Credit Facility [Yahoo! Finance]
Synovus Financial Corp. (SNV)
Last synovus financial corp. earnings: 4/24 06:30 am
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Source: Yahoo! Finance
Bank in its capacity as Administrative Agent, Joint Lead Arranger, and Joint Bookrunner. Synovus Bank and Texas Capital Bank, through its TCBI Securities Inc. division, also supported the transaction as a Joint Lead Arranger and Joint Bookrunner. Use of proceeds for the transaction includes refinancing a bilateral senior credit facility previously provided by Regions, in addition to providing incremental capital to support various organic and inorganic growth initiatives. "This is a significant milestone for Slide and further demonstrates our strong financial strength and solvency," said Bruce Lucas, Founder and CEO of Slide Insurance. "We are continuing to grow the company while offering affordable, and much needed, solutions to our policyholders. This is one of the largest loans ever made to a Florida insurer and will provide additional reserve capital to continue our growth trajectory." Over the past few months, Slide has completed several deals to solidify its financial stre
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SNV
News
- Synovus Financial Corp. (NYSE: SNV) had its price target raised by analysts at JPMorgan Chase & Co. from $48.00 to $49.00. They now have an "overweight" rating on the stock.MarketBeat
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- Micron earnings in focus, Fed's bank stress test results: Yahoo Finance [Yahoo! Finance Canada]Yahoo! Finance Canada
- Synovus' (SNV) Organic Expansion Drives Growth, High Costs Ail [Yahoo! Finance]Yahoo! Finance
- Synovus Financial Corp. (NYSE: SNV) was upgraded by analysts at Barclays PLC from an "equal weight" rating to an "overweight" rating. They now have a $46.00 price target on the stock, up previously from $39.00.MarketBeat
SNV
Earnings
- 4/17/24 - Miss
SNV
Sec Filings
- 6/11/24 - Form 4
- 6/10/24 - Form 4
- 6/7/24 - Form 4
- SNV's page on the SEC website