Associated Banc-Corp

Associated Bank Named Among Newsweek's "America's Best Regional Banks and Credit Unions 2024"

Retrieved on:

Vendredi, février 9, 2024

Associated, Trust, GREEN, Growth, ASB, Health, Organization, Credit, Credit union, Associated Banc-Corp, Bank

GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.

Key Points:

GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.
For the first time, the two organizations partnered to study all regional banks and credit unions in the United States (approximately 9,440 institutions).
"(We) are proud to share this ranking of America's Best Regional Banks and Credit Unions, recognizing the top 250 Regional Banks and 250 Credit Unions in the United States," said Nancy Cooper, Global Editor in Chief, Newsweek.
"Regional banks and credit unions play a pivotal role in the financial fabric of communities nationwide.

Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

Retrieved on:

Lundi, janvier 29, 2024

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.

Key Points:

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.
OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
The Facilities are secured by 19 office properties with a gross carrying value of $942 million.
The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024.

Vesper Energy Closes $590 Million in Financing for its Hornet Solar Project

Retrieved on:

Mercredi, janvier 31, 2024

Partnership, PTC, MUFG, Growth, Head, Capital, Associated Banc-Corp, Bayerische Landesbank, Inflation, Letter, MUFG Bank, Investment, Renewable energy

DALLAS, Jan. 31, 2024 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in ERCOT. The successful close showcases Vesper Energy's financial strength, continued growth, and momentum entering 2024. This is another step in Vesper Energy's mission to develop, construct, and operate clean energy projects across the United States.

Key Points:

Texas site is one of nation's largest single-phase solar projects, will monetize more than $500 million of
DALLAS, Jan. 31, 2024 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project.
"Closing project financing and a long-term purchase agreement for the PTCs on a large project in west Texas is complex," said Vesper Energy's Chief Financial Officer Robert Scheuermann.
Vesper secured a $590 million debt financing package for the Hornet Solar project, consisting of a construction-to-term loan and letter of credit facility.
"Financing critically important energy transition projects such as Hornet Solar reflects Nord/LB's commitment to supporting Vesper Energy in the growing and maturing renewable energy sector," said Nicolai Dillow, Managing Director / Head of Originations at Nord/LB.

Associated Bank welcomes Steven Zandpour as executive vice president, director of retail banking

Retrieved on:

Mercredi, janvier 17, 2024

Attitude, Fifth Third Bank, University, Economics, Head, MBA, Investment, BMO, Arizona Science Center, Small business, Associated Banc-Corp, Management

MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking.

Key Points:

MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking.
In his new role, Zandpour will focus on consumer and small business growth across the company's major metropolitan markets.
He will also lead Associated Bank's branch network, contact centers and other sales and service channels.
"We are delighted to welcome Steven to Associated Bank," said executive vice president and head of consumer and business banking, David Stein.

Associated Banc-Corp to Announce Fourth Quarter 2023 Earnings and Hold Conference Call on January 25, 2024

Retrieved on:

Samedi, décembre 30, 2023

ASB, Central Time, Webcast, Associated Banc-Corp, Associated, GREEN, Interest

GREEN BAY, Wis., Dec. 29, 2023 /PRNewswire/ -- December 29, 2023 – Associated Banc-Corp (NYSE: ASB) today announced it will release fourth quarter 2023 financial results on Thursday, January 25, 2024, after market close.

Key Points:

GREEN BAY, Wis., Dec. 29, 2023 /PRNewswire/ -- December 29, 2023 – Associated Banc-Corp (NYSE: ASB) today announced it will release fourth quarter 2023 financial results on Thursday, January 25, 2024, after market close.
The Company will host a conference call for investors and analysts at 4:00 p.m. Central Time (CT) on the same day.
Interested parties can access the live webcast of the call through the Investor Relations section of the Company's website, http://investor.associatedbank.com .
Parties may also dial into the call at 877-407-8037 (domestic) or 201-689-8037 (international) and request the Associated Banc-Corp fourth quarter 2023 earnings call.

Canadian Banc Corp. Announces Successful Overnight Offering of Preferred Shares

Retrieved on:

Jeudi, novembre 16, 2023

Sale, Alberta Securities Commission, Associated Banc-Corp, TSX, National bank, Financial adviser

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it has completed the overnight marketing of Preferred Shares (TSX: BK.PR.A) of the Company.

Key Points:

TORONTO, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it has completed the overnight marketing of Preferred Shares (TSX: BK.PR.A) of the Company.
Total gross proceeds of the offering are expected to be approximately $85.0 million.
The sales period of the overnight offering has now ended.
The closing price on the TSX of the Preferred Shares on November 15, 2023 was $9.96.

Canadian Banc Corp. Announces Overnight Offering of Preferred Shares

Retrieved on:

Mercredi, novembre 15, 2023

Sale, EST, Alberta Securities Commission, Associated Banc-Corp, TSX, National bank, DBRS, Airline, Financial adviser

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it will undertake an offering of Preferred Shares (TSX: BK.PR.A) of the Company.

Key Points:

TORONTO, Nov. 15, 2023 (GLOBE NEWSWIRE) -- Canadian Banc Corp. (the “Company’) is pleased to announce it will undertake an offering of Preferred Shares (TSX: BK.PR.A) of the Company.
The sales period of this overnight offering will end at 9:00 a.m. EST on November 16, 2023.
Since the inception of the Company, 219 consecutive dividends have been declared for the Preferred shares.
The Company has been advised by DBRS that effective November 17, 2023, the rating on the Preferred shares will be Pfd-3 (low).

Excelsior Energy Capital Closes USD $1.3 Billion Project Financing Package for the Faraday Solar Project

Retrieved on:

Mardi, novembre 28, 2023

Excelsior Energy Capital announced today that it has closed a USD $1.3B financing package on the Faraday Solar project in Utah County, Utah.

Key Points:

Excelsior Energy Capital announced today that it has closed a USD $1.3B financing package on the Faraday Solar project in Utah County, Utah.
Excelsior acquired Faraday Solar earlier this year from Parasol and Clenera who developed the project.
Faraday Solar is a 682.5 MW ground-mounted solar facility and is contracted under an investment grade long-term power purchase agreement.
The Faraday investment is the largest single investment made by Excelsior’s first flagship fund, Excelsior Renewable Energy Investment Fund I (“Fund I”).

The Marcus Corporation Announces New Corporate Headquarters in Milwaukee

Retrieved on:

Lundi, novembre 13, 2023

Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, Destinations, Travel, Sale, Marcus Corporation, NYSE, Associated Bank River Center, Tourism, Lancaster Arts Hotel, Shops at Rivercenter, Associated Banc-Corp, CBRE, Collier, Workplace, MCS, Interior design

The Marcus Corporation (NYSE: MCS) announced today that it will be relocating and expanding its corporate and divisional headquarters to the Associated Bank River Center located at 111 East Kilbourn Avenue in Milwaukee.

Key Points:

The Marcus Corporation (NYSE: MCS) announced today that it will be relocating and expanding its corporate and divisional headquarters to the Associated Bank River Center located at 111 East Kilbourn Avenue in Milwaukee.
“For more than 70 years, The Marcus Corporation has called downtown Milwaukee home,” said Gregory S. Marcus, chief executive officer of The Marcus Corporation.
As a result, we’re delighted to welcome The Marcus Corporation and its employees to our world-class facility.”
Approximately 200 Marcus Corporation, Marcus Hotels & Resorts, and Marcus Theatres corporate associates will be based at 111 East Kilbourn Avenue.
The Milwaukee office of CBRE served as an advisor to The Marcus Corporation on its search for a new corporate headquarters, while Colliers represented Associated Bancorp.

Associated Bank earns top score in Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index

Retrieved on:

Jeudi, décembre 14, 2023

GREEN BAY, Wis., Dec. 14, 2023 /PRNewswire/ -- Associated Bank, the largest bank headquartered in Wisconsin, proudly announced that it received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality. Associated Bank joins the ranks of 545 major U.S. businesses that also earned top marks this year.

Key Points:

GREEN BAY, Wis., Dec. 14, 2023 /PRNewswire/ -- Associated Bank , the largest bank headquartered in Wisconsin, proudly announced that it received a score of 100 on the Human Rights Campaign Foundation's 2023-2024 Corporate Equality Index, the nation's foremost benchmarking survey and report measuring corporate policies and practices related to LGBTQ+ workplace equality.
Associated Bank joins the ranks of 545 major U.S. businesses that also earned top marks this year.
"We are proud to be recognized for our LGBTQ+ equality and inclusion efforts," said Andrew Harmening, President and CEO, Associated Bank.
The Human Rights Campaign Foundation is the educational arm of the Human Rights Campaign (HRC), America's largest civil rights organization working to achieve equality for lesbian, gay, bisexual, transgender and queer (LGBTQ+) people.