Local crime, high school sports, county politics, events tonight, and business closings — the daily Bluegrass report from HERE Lexington.
SportsLEXINGTON, Ky. — Lexington’s University of Kentucky men’s basketball team dropped its first game of the season Tuesday night, falling 89-69 to No. 15 Kansas in the State Farm Champions Classic at the United Center in Chicago. The 24th-ranked Wildcats are now 2-1 and Kansas…
From Merger Monday
If you wanted to raise money this week, you could. If you wanted someone’s permission, good luck. Start with the money. Anthropic’s IPO book was covered several times within a day of launch, and its bankers are talking about raising the price. Alphabet went looking for about $3 billion in Hong…
From Merger Monday
Pizza Hut is borrowing against its franchise checks. The pizza chain is marketing about $1 billion of bonds backed by the royalties its restaurant owners pay, a first for the brand and a sign of how its new private-equity owner plans to finance the business. The deal is a whole-business securitization,…
From Merger Monday
EPR Properties turned to the convertible market to refinance debt coming due next month, selling $500 million of notes that give buyers a shot at its stock. The Kansas City real-estate investment trust, which owns theaters, ski resorts, water parks and other experiential properties, priced 4.5% convertible senior notes due February…
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