AA

KBRA Assigns AA Rating, Stable Outlook to State of Alaska General Obligation Refunding Bonds, Series 2024A; Affirms Ratings for Related Bonds

Retrieved on: 
Lunedì, Aprile 29, 2024

KBRA assigns a long-term rating of AA to the State of Alaska General Obligation Refunding Bonds, Series 2024A.

Key Points: 
  • KBRA assigns a long-term rating of AA to the State of Alaska General Obligation Refunding Bonds, Series 2024A.
  • KBRA additionally affirms the AA long-term rating on the State's parity General Obligation Bonds, and the AA- long-term rating on the Alaska Municipal Bond Bank Authority's G.O.
  • The Outlook for each obligation is Stable.
  • A continuation of structural budgetary imbalance, leading to the depletion of available reserves to levels no longer commensurate with the assigned rating.

STORE Capital Announces Closing of $450 Million Securitization at 5.76%

Retrieved on: 
Mercoledì, Aprile 24, 2024

STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it completed the issuance of $450.0 million of long-term fixed-rate notes designated as STORE Master Funding Net-Lease Mortgage Notes, Series 2024-1 (the “Notes”).

Key Points: 
  • STORE Capital LLC (“STORE”, “STORE Capital” or the “Company”), an internally managed net-lease real estate investment trust (REIT) that invests in Single Tenant Operational Real Estate, today announced that it completed the issuance of $450.0 million of long-term fixed-rate notes designated as STORE Master Funding Net-Lease Mortgage Notes, Series 2024-1 (the “Notes”).
  • This is the thirteenth note issuance under STORE’s Master Funding debt program, its proprietary structured debt financing vehicle.
  • Notes aggregating $335.0 million were rated AAA by S&P Global Ratings (“S&P”) and include $74.4 million of 5-year Class A‑1 notes issued at an interest rate of 5.69% and $260.6 million of 7-year Class A-2 notes issued at an interest rate of 5.70%.
  • Notes aggregating $115.0 million were rated AA by S&P and include $25.6 million of 5-year Class A-3 notes issued at an interest rate of 5.93% and $89.4 million of 7-year Class A-4 notes issued at an interest rate of 5.94%.

Sierra Bancorp Reports First Quarter 2024 Results

Retrieved on: 
Lunedì, Aprile 22, 2024

Our net interest margin was 3.62% for the first quarter of 2024, as compared to 3.31% for the linked quarter and 3.47% for the quarter ending March 31, 2023.

Key Points: 
  • Our net interest margin was 3.62% for the first quarter of 2024, as compared to 3.31% for the linked quarter and 3.47% for the quarter ending March 31, 2023.
  • Noninterest income increased by $0.5 million, or 7%, to $8.6 million in the first quarter of 2024 as compared to the linked quarter.
  • Salaries and benefits were $0.2 million lower in the first quarter of 2024 as compared to the fourth quarter of 2023 and $0.4 million higher than the first quarter of 2023.
  • Other noninterest expense increased $0.5 million, or 6%, in the first quarter of 2024 as compared to both the fourth quarter of 2023 and the first quarter of 2023.

Calix Upgraded to Rating of AA From MSCI Due to Industry-Leading Sustainability Programs and Results

Retrieved on: 
Giovedì, Aprile 18, 2024

Calix, Inc. (NYSE: CALX) announces it has achieved an AA rating from the environmental, social, and governance ratings agency MSCI .

Key Points: 
  • Calix, Inc. (NYSE: CALX) announces it has achieved an AA rating from the environmental, social, and governance ratings agency MSCI .
  • As of 2024, Calix has earned a cumulative “Industry-Adjusted” score of 7.3 to achieve an AA rating from MSCI—up from a score of 6.8 and an A rating in 2023.
  • This recognizes Calix as an industry leader in sustainability, a distinction shared by only 18 percent of the approximately 8,500 companies evaluated by MSCI.
  • "Earning an AA rating from MSCI underscores the purpose-driven innovation that informs everything we do at Calix," said Galley.

FOSUN FOR GOOD, CREATING IMPACT: Fosun International Issued its 2023 ESG Report and the Second Climate Information Disclosures Report

Retrieved on: 
Venerdì, Aprile 26, 2024

HONG KONG , April 26, 2024 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today issued the Environmental, Social and Governance (ESG) Report 2023 (the "ESG Report").

Key Points: 
  • HONG KONG , April 26, 2024 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group"), today issued the Environmental, Social and Governance (ESG) Report 2023 (the "ESG Report").
  • Facing the increasingly severe challenges of global climate change, Fosun released its second Climate Information Disclosures Report with reference to the disclosure requirements of the Hong Kong Stock Exchange, the Task Force on Climate-Related Financial Disclosures ("TCFD") recommendations and IFRS S2 Climate-related Disclosures.
  • This year, the Group has actively pursued its carbon neutrality goal and issued the second Climate Information Disclosures Report.
  • For more information on Fosun's ESG, please refer to Fosun International's ESG Report 2023 posted on:
    The electronic copy of the 2023 Climate Information Disclosures Report is available on the Company's ESG webpage: ( https://en.fosun.com/esg/ )

Axiom Completes Over 250 Large Legal Projects, Expands Program with Law Firm Services

Retrieved on: 
Martedì, Aprile 23, 2024

NEW YORK, April 23, 2024 /PRNewswire/ -- Today Axiom announced two significant milestones in the company's expanding lineup of solutions for in-house legal teams and the legal services industry overall.

Key Points: 
  • The first milestone: Axiom successfully completed more than 250 large legal projects for nearly 100 clients across 27 industries—including many of the biggest brands in the US, UK, EU, and APAC.
  • These large projects cover complex legal work performed by close to 700 Axiom lawyers and legal professionals for clients in technology, life sciences, consumer products, industrials, financial services, and dozens of other industries.
  • "Axiom has a unique, differentiated model that can support large legal projects globally at rates that will help in-house teams reduce their legal spend, while executing complex large matters quickly, confidently, and effectively," said David McVeigh, CEO of Axiom.
  • For more information about Axiom, please visit our website , hear from our experts on the Inside Axiom blog , and connect with us on LinkedIn .

AerCap Publishes ESG Report for 2023

Retrieved on: 
Lunedì, Aprile 22, 2024

DUBLIN, April 22, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced the publication of its seventh annual Environmental, Social, and Governance ("ESG") Report, for the year ended December 31, 2023.

Key Points: 
  • DUBLIN, April 22, 2024 /PRNewswire/ -- AerCap Holdings N.V. ("AerCap" or the "Company") (NYSE: AER) today announced the publication of its seventh annual Environmental, Social, and Governance ("ESG") Report, for the year ended December 31, 2023.
  • The report can be found here or on the ESG section of our website.
  • Key highlights of the report include:
    Our ESG ratings have continued to show a positive trajectory as evidenced by our recent rating improvements.
  • Stacey Cartwright, ESG Committee Chair, said, "We are very pleased to launch AerCap's ESG Report for the year 2023, coinciding with World Earth Day.

Top 10 Best Practices for Website Accessibility Design and Development from a Leading Design Agency in the SF Bay Area

Retrieved on: 
Mercoledì, Aprile 10, 2024

BERKELEY, Calif., April 10, 2024 /PRNewswire-PRWeb/ -- Have you ever turned on the speech reader on your Mac and closed your eyes while navigating a website? It's a powerful test to learn how visually impaired people might experience your content.

Key Points: 
  • With the evolving landscape of digital content, it's essential for us as designers to stay up-to-date with the latest accessibility standards and best practices.
  • Many of these guidelines are considered best practices in website design and development; a few, however, are easy to overlook.
  • Alt text is an essential part of website accessibility, as it describes the content of images to visually impaired users.
  • Some of us from P6 enjoyed the Smashing SF Conference which had several sessions on accessibility, front-end design, boosting web performance, and more.

Design Agency Wins Multiple Awards For Innovative Work in Education

Retrieved on: 
Martedì, Aprile 9, 2024

BERKELEY, Calif., April 9, 2024 /PRNewswire/ -- The Horizon Interactive Awards, a leading international interactive media awards competition, has announced the 2023-2024 award winners to highlight this year's "best of the best" in interactive media production. The 2023 winning entries showcase the industry's best interactive media solutions from some of the top agencies, designers, producers, and developers worldwide.

Key Points: 
  • San Francisco Bay Area-based design agency Project6 was recognized for its excellence in the education industry with multiple awards.
  • With over two decades of experience, Project6 is an established leader in accessibility practices and strategic design.
  • These awards mark its first wins of the 2024 competitive season.
  • "It's always nice to be recognized for the work we do—especially in education," says Esten Sesto, Project6 co-founder and President.

Mutual funds and safe government bonds: do returns matter?

Retrieved on: 
Giovedì, Aprile 25, 2024
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