Alfa Laval, a Swedish maker of heat transfer, centrifugal separation, and fluid handling technology, has refinanced its €1 billion Revolving Credit Facility. The new facility has an initial maturity of five years and an accordion feature that allows an extra €200 million. Extension options could add up to two years. BNP Paribas and SEB acted as Joint Coordinators. Bank of America, Danske Bank, Crédit Agricole CIB, Handelsbanken, HSBC, ING, Nordea Bank, and Standard Chartered joined the syndication. The deal strengthens the company's liquidity buffer and balance sheet. Alfa Laval reported annual sales of 69.6 billion SEK (about €6.6 billion) and employs more than 23,500 people in over 100 countries.

Bank of America opened its first Wisconsin retail branch in Madison on Wednesday, and a second in Milwaukee on Thursday. It plans 17 more branches in the state through 2030. The 19 new branches will create roughly 130 jobs. The bank already employs 170 people in Wisconsin across its Merrill Lynch, business banking, and global corporate banking arms. It will enter Louisiana and Alabama next year. Ten branches are planned for the Birmingham and Huntsville areas from early 2027, and eight for greater New Orleans from the second half of the year. The openings are part of a $5 billion branch expansion plan that began in 2016. More than 95% of client transactions happen on the bank's app, but clients made about 10 million specialist appointments this year.

Bank of America (BofA) has opened five branches in Wisconsin, its first in the state, and plans to enter Alabama and Louisiana next year. It will open 10 branches in the Birmingham, Alabama, area in the first quarter of 2027, and eight in Greater New Orleans from the second half of 2027. Another 14 Wisconsin branches are planned by the end of 2030. Since 2014, the $3.4 trillion-asset lender has opened 200 branches in 17 new markets, spending more than $5 billion. It has also closed branches; its domestic office count of 3,598 is down 26% from 2017, according to Federal Deposit Insurance Corporation data. "We believe we are at our best when our offering is complete," said Will Smayda, head of financial centers. He called each branch "a visible, $6 million investment" in a neighbourhood.