Commercial paper is a type of short-term investment instrument issued by corporations in order to cover certain types of debt liabilities. Corporations issue commercial paper when they need to cover ...

— -- Commercial paper, typically a wallflower in financial markets, is being thrust to center stage on concerns these supposedly bullet-proof investments are suffering from the credit crunch.

Major stablecoin issuer Tether has reiterated that the company plans to completely rid itself of commercial paper backing for its U.S.-dollar stablecoin USDT. In a blog post on Wednesday, Tether said ...

Over the past few years, we have seen growing interest in Commercial Paper (CP) programmes with a sustainable focus. Traditionally used by corporations, financial institutions, sovereigns, and other ...

Tether expects to reduce USDT’s commercial paper backing to $8.4 billion by the end of June 2022 and eventually completely remove it. The major stablecoin company Tether is looking to eventually get ...

JPMorgan has completed a $50 million commercial paper issuance for Galaxy Digital Holdings on the Solana blockchain, marking one of the earliest transactions in which a major Wall Street bank has ...

LAVAL, QC, April 28, 2025 /PRNewswire/ - Alimentation Couche-Tard Inc. (ATD:CA), announced today that it has amended its U.S. commercial paper program (the "U.S. Commercial Paper Program"), initially ...

CHICAGO, July 1, 2024 /PRNewswire/ -- Jones Lang LaSalle Incorporated (NYSE: JLL) ("JLL" or the "Company"), announced today the establishment of its inaugural commercial paper program. The program ...

Hilltop Holdings Inc . (NYSE:HTH), a financial services firm with a market capitalization of $1.87 billion, through its indirect wholly owned subsidiary Hilltop Securities Inc., has launched a new ...

NEW YORK, Nov 5 (Reuters) - Money market mutual funds, which during the worst days of the credit meltdown had largely suspended purchases of the commercial paper on which many U.S. companies rely for ...