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Qatar Investment Authority Leads Over $500 Million Strategic Growth Investment in SoFi

SAN FRANCISCO, May 29, 2019 /PRNewswire/ — SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority.

Qatar Investment Authority Leads Over $500 Million Strategic Growth. The Big 5 Construct Qatar Returns To Support $150 Billion Of Planned. GAC Qatar Celebrates 40 Years Of Growth With Inauguration Of Ras.

(BUSINESS WIRE)– Qatar Investment authority (qia) today announces that it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company, alongside existing investors and SoFi CEO, Anthony Noto.

SAN FRANCISCO–(BUSINESS WIRE)–Qatar Investment Authority (QIA) today announces that it is leading an over $500 million equity financing in SoFi, a mobile-first personal finance company.

QIA leads over $500m strategic growth investment in SoFi. qatar investment authority (qia) yesterday announced that it is leading an over $500m equity financing in SoFi, a mobile-first personal.

Henriques asserted strategic asset allocation was based. (Comment: In late April, Qatar Holding, an arm of the Qatar Investment Authority, sold 35 million shares, lowering its original 6.4 percent.

Dubai Investments will lead a consortium. up-capital of $100 million, the investment company said on Tuesday. Arkan Bank, which will have an authorised share capital of $500 million, is applying to.

Investment Supports SoFi in its Continued Investment in Innovation and Rapid Rate of Growth. Qatar Investment Authority (QIA) today announces that it is leading an over $500 million equity.

HomeStreet Sends Letter to Shareholders The Board of Directors (the "Board") of HomeStreet, Inc. (Nasdaq: HMST) (the "Company" or "HomeStreet"), the parent company of HomeStreet Bank, today sent a letter to shareholders in connection with the Company’s upcoming 2019 Annual Meeting of Shareholders scheduled for June 20, 2019 (the "2019 Annual Meeting").

We remain below the two times threshold while making acquisitions requiring over $500 million without the need for equity. The upper range of the net debt to adjusted ebitda ratio was increased to 2.5.

SoFi Announces ~$500M Strategic Growth Investment . SoFi, a mobile-first personal finance company, announced today it has closed over $500 million in equity financing led by Qatar Investment Authority (QIA), which values the company at $4.3 billion on a pre-money basis. SoFi plans to use the funds to continue to invest in its rapid rate of innovation and growth, fulfilling its mission to help SoFi.

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With the $500 million funding round, SoFi plans to invest in growth initiatives and to strengthen its $2.3 billion balance sheet. ADVERTISEMENT The Qatar Investment Authority is a Doha, qatar-based private equity firm that has about $12 billion in assets under management.

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Earlier, the partners had wanted to sell the 10 percent stake for $400-$500 million, he said. Ponomarenko said a final decision on the sale could be made this year, with the aim to sell to a strategic.

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