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TPG Pace Beneficial Finance Corp. Announces Pricing of $350,000,000 Initial Public Offering

SAN FRANCISCO & FORT WORTH, Texas–(BUSINESS WIRE)–Oct 6, 2020–

TPG Pace Beneficial Finance Corp. (the “Company”), a newly organized blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, today announced the pricing of its initial public offering of 35,000,000 units at a price of $10.00 per unit. The units will be listed on the New York Stock Exchange and trade under the ticker symbol “TPGY.U” beginning October 7, 2020. Each unit consists of one of the Company’s Class A ordinary shares and one-fifth of one warrant, each whole warrant enabling the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are

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Coppell’s Caliber Home Loans files to go public, capitalizing on mortgage and refinancing boom

Coppell-based home mortgage company Caliber Home Loans is seeking to raise up to $200 million in an initial stock offering.

The fast-growing home loan firm filed Friday with the U.S. Securities and Exchange Commission for its first public securities sale. Record-low interest rates are fueling a home buying and refinancing boom, leading privately owned mortgage companies to capitalize on Wall Street.

Home mortgage originations are forecast to hit $3.9 trillion this year – up from about $2.2 trillion in 2019. More than $2.4 trillion of this year’s home lending volume is homeowners refinancing their property at lower mortgage rates.

Caliber Home Loans is owned by an affiliate of Dallas private equity investor Lone Star Funds, which will maintain more than 50% of the company’s stock after the public offering. The company lists its current total stockholders’ equity at more than $1 billion.

Caliber – which is expanding its offices to

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Auto insurance fraud increases threefold in 2020: Manitoba Public Insurance



a sign on the side of a building: Manitoba Public Insurance says auto insurance fraud has tripled this year.


© Bockstael Construction/Supplied
Manitoba Public Insurance says auto insurance fraud has tripled this year.

The number of Manitobans charged with auto insurance fraud has nearly tripled since last year, says Manitoba Public Insurance (MPI).

The insurer said Wednesday that by the end of July 2020, there had been 88 fraud charges laid against 33 people — a sharp rise from 30 charges against 10 people over the same period in 2019.

MPI executive Curtis Wennberg said part of the uptick is due to MPI’s increased efforts in investigating suspicious claims.

MPI’s special investigation unit (SIU) handles suspicious claims, and its work in 1,200-plus investigations saved more than $10 million for MPI ratepayers last year, the Crown corporation said.

Read more: Manitoba Public Insurance to ‘modernize’ insurance options by spring 2021

“MPI has adopted a business change to emphasize that insurance fraud is a crime, and pursue both a denial of

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Howard County announces new directors of public works, finance departments

Howard County Executive Calvin Ball on Friday announced the appointments of new directors of the public works and finance departments.



a man wearing a suit and tie: Rafiu Ighile, left, will take over as Howard County's new director of finance, while Tom Meunier is the county's new director of public works.


© Photo courtesy of Howard County government/The Baltimore Sun/TNS
Rafiu Ighile, left, will take over as Howard County’s new director of finance, while Tom Meunier is the county’s new director of public works.

Tom Meunier, who is the new director of public works, started Monday, while Rafiu Ighile will take over as the director of finance beginning Sept. 7.

The two are replacing Jim and Janet Irvin who retired in June. Jim Irvin had served as the director of public works since 1989 and had worked for Howard County since 1975. Janet Irvin’s 30-plus years of public service included 20 years with Howard County government and the Howard County Public School System; she had served as the director of finance since January 2018.

Meunier, who has served as acting

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