Business files | Business | main street-nashville.com
Technology Tips for organizing the Demand Fest
TechnologyAdvice, a Nashville-based B2B marketing services company, will virtually host the third edition of DemandFest on August 4 from 10 a.m. to 4 p.m.
DemandFest is a virtual event focused on hot topics in the field of marketing and demand generation. These events are hosted by leading B2B marketing experts within the tech industry.
For the first time, TA will partner with Youth Villages, a nationally recognized nonprofit dedicated to helping children with emotional and behavioral disorders and their families live successful lives. All proceeds from DemandFest will go to Youth Villages’ efforts to provide equipment and technological resources to students in need. The goal is to raise $ 21,000, which would fund more than 30 laptops.
This year’s keynote speaker is Corporate Visions neuroscientist and chief security officer Dr. Carmen Simon. Dr. Simon’s talk will explore what makes content memorable, how you can help your audience remember important messages, and how your brand can become impossible to ignore.
DemandFest will also feature B2B marketers from companies such as IBM, ZoomInfo, Forescout and more.
Each DemandFest session is designed to help mid-level B2B technology marketers learn new industry tips and tricks that they can implement in their own teams.
For more information or to register for DemandFest, visit: demandfest.tech/.
Tennessee achieves largest bond sale in history
The state of Tennessee had the largest general bond sale in its history, closing approximately $ 658.7 million in bonds. The bonds sold at a record real interest cost of 1.41%.
The debt issue was sold as two series of bonds consisting of $ 167.75 million tax-exempt Series A bonds and $ 490.9 million taxable Series B bonds.
A majority of the bonds were issued to refinance certain outstanding bonds in order to take advantage of low interest rates. These repayment obligations will allow the Crown to realize $ 50 million in net present value interest savings over the next 14 years.
Approximately $ 125 million of the bond proceeds will be used to repay commercial paper issued to fund investment projects such as the new State Library and Archives building, the new State Park Pavilion of Fall Creek Falls, higher education buildings and many more.
Tennessee’s debt level is one of the lowest, if not the lowest, of any state, and investors are recognizing its strong history of balanced budgeting and fiscal stability. Investor demand for Tennessee GO bonds generated a premium of $ 43.4 million.
“Tennessee is one of 13 states to have a triple A credit rating from each of the three major rating agencies,” Comptroller Jason Mumpower said in a statement. “As Tennesseans, we pride ourselves on our state’s fiscal responsibility. Governor Lee and the General Assembly’s commitment to sound financial principles saves us all money every time we sell bonds.