FINANCE: Proceeds to Pay Off Credit Facility Debt, And for General Purposes
Viasat Inc. is selling $600 million in senior secured notes due 2027 to institutional buyers, after originally planning for a $500 million bond issue, the company said March 21.
ScaleMatrix, a San Diego-based company that offers high-density data centers, acquired Arizona-based Instant Data Centers on March 19. Instant Data Centers builds micro data centers for edge computing, which involves processing data as close as possible to the end user. The companies did not disclose the terms of the deal.
San Diego County has its share of military construction projects that might take a back seat to construction of a wall on the U.S.-Mexico border.
HOSPITALITY: Having Venue and Catering Changes Price Dynamic
When chef Nick Brune noticed a void in the San Diego event space market, he decided to expand his organic food catering business, Eco Caters, and open up private venues of his own.
Chef and owner Matt Gordon announced earlier this month on Facebook that Urban Solace restaurant, in North Park, and Solace & Moonlight Lounge, in Encinitas, will close their doors.
The San Diego County Credit Union Holiday Bowl generated a huge economic impact in the county in 2018, according to a report prepared by San Diego State University Center for Hospitality and Tourism Research.
A distinctive feature of Coronado’s skyline for more than 40 years, the Coronado Shores high-rise condominium towers, adjacent to the iconic Hotel del Coronado, occupy some of California’s most prized beachfront settings.
ARCHITECTURE: Architects Tapped Craftsman Style
A $21.1 million new Mission Hills-Hillcrest Harley & Bessie Knox Library is both homage to the past and a warning for the future.
San Diego apartment rents in February grew at the slowest rate in six years, according to a report from a national property management and real estate software company.
Breakfast at Tiffany’s raised $60,000 for Miracle Babies at the five-year anniversary of the Miracle Circle Auxiliary recently at La Valencia Hotel in La Jolla.
Local nonprofit Fresh Start Surgical Gifts hosted its 27th Annual Celebrity Golf Classic recently at Fairbanks Ranch Country Club. The event raised $215,000, surpassing its fundraising goal of $200,000, and was hosted by Alfonso Ribeiro, best known for his role in “Fresh Prince of Bel Air” and “America’s Funniest Home Videos.”
The San Diego Association of Corporate Counsel hosted its 18th annual gala, the Black & White Ball, at the Marriott Marquis hotel. Five-hundred in-house counsel and business leaders attended the spectacular “Old Hollywood” themed event.
Pharmaceutical leader Cam Garner and his wife Wanda, a cancer workshop facilitator and philanthropic fundraiser, are longtime supporters of medical research and treatment efforts at Moores Cancer Center at UC San Diego Health. Recently, the couple gave $2 million to establish the Garner Family Chancellor’s Endowed Chair in Blood and Marrow Transplant to support excellence in research, teaching and clinical care at UC San Diego Health in the field of blood cancers in general, and blood and marrow transplant (BMT) in particular.
The Visual and Performing Arts Foundation, or VAPA, hosted its Inaugural Spotlight fundraising event recently at the University Club Atop Symphony Towers. One hundred arts supporters attended the event to raise funds to enhance the quality and access to arts education for San Diego Unified School District students.
Former NuVasive CEO Gregory Lucier, GreatCall CFO Brian Berning and Chicago private equity firm GTCR are teaming up to start a new life sciences company in San Diego.
Bitmo, a Carlsbad startup that allows users to exchange digital gift cards, raised $3 million in funding.
WD-40 Co. announced on March 19 that it named Anne G. Saunders to its board of directors, bringing the number of directors up to 10.
According to a press release, SDC has been rebranded as WeareSDC and, as part of the transaction, all members of the SDC team will immediately become the head of the Next Green Wave extraction and manufacturing unit.
A Sharp HealthCare program that delivers palliative care at home captured the 2019 Hearst Prize.
SD 500 recap:Mary Walshok oversees a budget of more than $45 million and staff of 200 that educates and trains more than 80,000 adults per year.