HRPT Properties Trust, Newton, Mass., has announced an offering of 25 million common shares of beneficial interest.The company said it expects to use the proceeds of the offering to reduce the outstanding amounts on its revolving credit facility. The joint book-running managers for the offering are Merrill Lynch & Co. and RBC Capital Markets. HRPT, a real estate investment trust, can be found on the Internet at http://www.hrpreit.com.
Artificial intelligence is fueling litigation risks, from consumer lawsuits against servicers, to more repurchase requests, and vulnerabilities through vendors.
A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
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