Stars and Swipes King Trump's big birthday bash has hit the rocks

SS&C Technologies said it expanded its long-running relationship with M&G to manage operations of the M&G Platform. Under the agreement, SS&C Global Investor Distribution Solutions will run platform operations using SS&C’s private cloud, while M&G retains ownership and responsibility for strategic, regulatory and commercial decisions. About 200 M&G employees will transition to SS&C. The platform supports M&G’s £70bn PruFund distribution.

Prairie Operating Co. (Nasdaq: PROP) said it entered a second amendment to its credit agreement with Citibank and its lending syndicate, reaffirming a $475 million borrowing base. The company also reached an agreement with Hudson Bay PH XIX LLC on its remaining Series F convertible preferred stock, extending the anniversary warrant date to Aug. 7, 2026, reducing the warrant issuance formula to 65% (from 75%), and allowing 78,000 preferred shares to convert into up to 98 million common shares.

Coppernico Metals Inc. (TSX: COPR) filed a LIFE offering document for a private placement to raise C$5 million by issuing 14,285,714 units at C$0.35 per unit. Each unit includes a common share and a warrant exercisable for 24 months at C$0.50. Net proceeds will fund drill permitting and community agreements for the Sombrero Project plus general working capital. Closing is targeted for June 26, 2026, subject to TSX approval.

Wipro’s Rs 15,000 crore buyback opened Thursday, letting eligible shareholders tender shares at Rs 250 each versus a market price below Rs 180. The company will buy up to 60 crore shares (~5.7% of paid-up equity), with the window June 10–17 and record date June 5. Small shareholders get 11 shares tendered per 56 held; others 10 per 197. Acceptance is expected around 20–21%, so gains depend on acceptance ratios.

FTAI Aviation (NASDAQ:FTAI) priced its inaugural $612 million asset-backed securitization, FTAI MRE 2026-1, on May 22. The notes are backed by aircraft leased to 23 global airlines and issued in two classes of investment-grade notes. ATLAS SP Partners and Deutsche Bank were joint lead bookrunners, with the company citing diversified financing and a milestone for its Strategic Capital vehicle.

Kinsale Capital Group (NYSE:KNSL) said April 29 it is consolidating its Analytics and Technology divisions under Salmaan K. Allibhai, promoted to EVP and Chief Analytics & Technology Officer, to integrate data and technology strategy and reduce operational silos. Nicholas J. Kunkle was promoted to VP, Chief Actuary. The changes follow Diane Schnupp’s retirement as EVP and CIO, who will consult during the transition.