CDB | Jotup

CDB Aviation Purchases Four Airbus Aircraft from Avolon

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水曜日, 5月 1, 2024

Other Transport, Aerospace, Manufacturing, Air, Transport, A330-900, Aviation, Airbus A320neo family, Aircraft, CDB, Airbus A320 family, Acquisition

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), has closed the purchase of four aircraft from Avolon.

Key Points:

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), has closed the purchase of four aircraft from Avolon.
The purchased assets comprise one A330-900, two A321neo, and one A320ceo aircraft, and contain both fixed and floating rate leases with CDB Aviation’s existing and new airline customers.
Andy Cronin, Chief Executive Officer, Avolon, commented: “We have traded over $10 billion of aircraft since our foundation in 2010, and we continue to see strong demand across all asset types.
We are delighted to have completed this transaction with CDB Aviation and look forward to continuing our strong working relationship.”
“This transaction demonstrates our platform’s activity in the secondary market, which serves as an effective supplemental function that supports our fleet’s growth by adding new generation aircraft,” added Chen.

CDB Aviation Leases Additional Seven Narrowbody and Widebody Aircraft to Turkish Airlines

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水曜日, 4月 24, 2024

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of new lease agreements for a fleet of an additional seven narrowbody and widebody aircraft with its existing customer, Turkish Airlines (“Turkish”), the flag carrier of Türkiye.

Key Points:

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of new lease agreements for a fleet of an additional seven narrowbody and widebody aircraft with its existing customer, Turkish Airlines (“Turkish”), the flag carrier of Türkiye.
The CFM International Leap-1B engine-powered MAX aircraft will be delivered from the lessor’s existing orderbook with Boeing, bringing the total number of CDB Aviation’s MAXs on lease to Turkish to 12.
“We are delighted to continue building upon a strong and long-term partnership with our valued customer, Turkish Airlines,” commented Jie Chen, CDB Aviation’s Chief Executive Officer.
Along with the previous ones, we are glad to collaborate with CDB Aviation for these effective agreements again.”
With the addition of the aircraft, CDB Aviation will now have seventeen aircraft on lease to the carrier, including 12x 737 MAX 8, 1x 737-800, 1x 777-300ER, 1x A321neo, 1x A320neo, and 1x A330-343.

NEW STUDY FINDS NINE IN TEN CANADIANS SUPPORT A FULLY FUNDED CANADA DISABILITY BENEFIT.

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月曜日, 4月 8, 2024

MP, CDB, Disability, Organization, Letter, Angus Reid (entrepreneur), Federation, Partnership, Dignity, Poverty, Food, Parliament, MBM, ARI, Government, NDP, Daily Bread Food Bank, Health insurance

Although results found overwhelming support for the benefit, Canadians are critical of the pace of implementation and do not trust that government will follow through.

Key Points:

Although results found overwhelming support for the benefit, Canadians are critical of the pace of implementation and do not trust that government will follow through.
The Canada Disability Benefit has the potential to be one of Canada's most important programs and could lift nearly one million Canadians out of poverty if fully funded."
For Canadians concerned about government debt, a fully funded benefit will reduce these downstream costs, all while helping Canadians with disabilities live a life of dignity.
Over 200,000 letters have been sent to MPs across the country expressing support for a fully funded Canada Disability Benefit.

Veeva Vault EDC Surpasses 1,000 Study Start Milestone

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水曜日, 3月 20, 2024

ChromeOS, CDB, Organization, Data science, Clinical, Boehringer Ingelheim, Veeva Systems, EDC, Syneos Health, Data management, Health, Pharmaceutical industry

PLEASANTON, Calif., March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Vault EDC powered more than 1,000 study starts. The increased adoption of Vault EDC is enabling companies to establish a foundation for modern electronic data capture (EDC), including eight of the top 20 biopharmas and two of the top six CROs standardizing on Vault EDC. This underscores the ongoing shift to advanced clinical data management, with one top 20 biopharma recently migrating 25 studies and more organizations switching to Vault EDC for greater efficiency and speed.

Key Points:

PLEASANTON, Calif., March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Vault EDC powered more than 1,000 study starts.
The increased adoption of Vault EDC is enabling companies to establish a foundation for modern electronic data capture (EDC), including eight of the top 20 biopharmas and two of the top six CROs standardizing on Vault EDC.
"Veeva Vault EDC simplifies complex data management for faster study builds and streamlined processes," said Richard Young, vice president, clinical data strategy at Veeva.
Vault EDC is part of Veeva Vault Clinical Data Management , bringing together EDC and Veeva Clinical Database (CDB) for next-generation clinical data management.

Veeva Vault EDC Surpasses 1,000 Study Start Milestone

Retrieved on:

水曜日, 3月 20, 2024

ChromeOS, CDB, Organization, Data science, Clinical, Boehringer Ingelheim, Veeva Systems, EDC, Syneos Health, Data management, Health, Pharmaceutical industry

BARCELONA, Spain, March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Vault EDC powered more than 1,000 study starts. The increased adoption of Vault EDC is enabling companies to establish a foundation for modern electronic data capture (EDC), including eight of the top 20 biopharmas and two of the top six CROs standardizing on Vault EDC. This underscores the ongoing shift to advanced clinical data management, with one top 20 biopharma recently migrating 25 studies and more organizations switching to Vault EDC for greater efficiency and speed.

Key Points:

BARCELONA, Spain, March 20, 2024 /PRNewswire/ -- Veeva Systems (NYSE: VEEV) today announced that Veeva Vault EDC powered more than 1,000 study starts.
The increased adoption of Vault EDC is enabling companies to establish a foundation for modern electronic data capture (EDC), including eight of the top 20 biopharmas and two of the top six CROs standardizing on Vault EDC.
"Veeva Vault EDC simplifies complex data management for faster study builds and streamlined processes," said Richard Young, vice president, clinical data strategy at Veeva.
Vault EDC is part of Veeva Vault Clinical Data Management , bringing together EDC and Veeva Clinical Database (CDB) for next-generation clinical data management.

BofA Delivers $7.1 Billion in Financing to Build 11,000 Housing Units

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木曜日, 2月 29, 2024

NEW YORK, Feb. 29, 2024 /PRNewswire/ -- Bank of America Community Development Banking (CDB) today announced that it provided $7.1 billion in debt and equity financing last year to help build strong communities through affordable housing and economic opportunities across the United States. This financing helped create and preserve 11,000 housing units for individuals, families, seniors, veterans, the formerly homeless and those with special needs.

Key Points:

This financing helped create and preserve 11,000 housing units for individuals, families, seniors, veterans, the formerly homeless and those with special needs.
CDB provides financing, treasury and advisory services to optimize their companies, so developers can focus on their mission of creating much-needed affordable housing.
This $150 million fund will preserve 3,000+ housing units for the "missing middle," or those earning between 80% to 120% area median income (AMI).
"Mercy Housing recognizes the link between stable housing and good health and understands that you can't have one without the other," said Ismael Guerrero, President & CEO of Mercy Housing.

Illinois Beach State Park Shoreline Stabilization Project First Freshwater Project to Achieve WEDG® (Waterfront Edge Design Guidelines) Verification

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月曜日, 2月 12, 2024

Ecology, Engineering, Capital Development Board, Sand, Architecture, Building material, Great, Rebuild, Biodiversity, Natural Resources, Waterfront Alliance, Michels, Element, Ecosystem, CDB, WEDG, Erosion, Environment, Amusement park

New York, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Today, the Waterfront Alliance announced that the Illinois Beach State Park Shoreline Stabilization Project is the first freshwater project to achieve WEDG® (Waterfront Edge Design Guidelines) Verification under WEDG’s Version 3.0.

Key Points:

New York, NY, Feb. 12, 2024 (GLOBE NEWSWIRE) -- Today, the Waterfront Alliance announced that the Illinois Beach State Park Shoreline Stabilization Project is the first freshwater project to achieve WEDG® (Waterfront Edge Design Guidelines) Verification under WEDG’s Version 3.0.
The Illinois Beach State Park Shoreline Stabilization Project is the first freshwater project and fourteenth overall to meet WEDG’s gold standard.
Illinois Beach State Park in Lake County is home to the last remaining natural shoreline in the state.
Illinois Governor J.B. Pritzker is investing $73 million for constructing shoreline stabilization structures in three locations within Illinois Beach State Park.

EMGA Secures a Commitment for USD 30.0 Million Senior Debt Finance for Citizens Development Business Finance PLC in Sri Lanka

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水曜日, 1月 10, 2024

Financial institution, Woman, NBFI, Agriculture, Citizens Development Business Finance, Environment, Investment, SME, USD, Sri Lankan, Health, DFC, Small business, Private sector, CDB, Investment banking, Cryptocurrency

LONDON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA), an investment bank specializing in emerging markets, has successfully secured a commitment for USD 30.0 million in senior debt finance for Citizens Development Business Finance PLC (CDB) based in Sri Lanka.

Key Points:

LONDON, Jan. 10, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA), an investment bank specializing in emerging markets, has successfully secured a commitment for USD 30.0 million in senior debt finance for Citizens Development Business Finance PLC (CDB) based in Sri Lanka.
EMGA originated, structured, and negotiated this financing arrangement, with the financial support provided by the U.S. International Development Finance Corporation (DFC).
We believe this marks a significant milestone, in being the first external funding commitment secured for a Sri Lankan NBFI in several years.
Jeremy Dobson, EMGA's Chief Operating Officer commentated, "CDB's strong financial standing enabled EMGA to navigate the prevailing macroeconomic headwinds in Sri Lanka to secure the commitment for this funding.

CDB Aviation Leases Two A330-300s to Thai Airways

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火曜日, 1月 2, 2024

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of a lease agreement for two used widebody aircraft, Airbus A330-300s, with Thai Airways International Public Company Limited (“Thai Airways”), the national airline of Thailand.

Key Points:

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today the signing of a lease agreement for two used widebody aircraft, Airbus A330-300s, with Thai Airways International Public Company Limited (“Thai Airways”), the national airline of Thailand.
“We are delighted to be welcoming Thai Airways to our growing Asian Pacific customer base,” stated Jie Chen, CDB Aviation’s Chief Executive Officer.
“We’re continuing to see the heightened demand from airlines amidst a tight supply of new and used aircraft, driven primarily by the need to meet growing passenger volumes.
Our commercial team remains focused on comprehending and fulfilling the diverse needs of our customers, assisting them in addressing both immediate and longer-term fleet challenges that necessitate resolution,” concluded Chen.

CDB Aviation Enters Into Inaugural Sustainability Linked Loan for $625 Million

Retrieved on:

木曜日, 12月 7, 2023

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor entered into its inaugural Sustainability Linked Loan (“SLL”) on December 1, 2023, anchored with a $625 million syndicated term loan facility.

Key Points:

CDB Aviation, a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. (“CDB Leasing”), announced today that the lessor entered into its inaugural Sustainability Linked Loan (“SLL”) on December 1, 2023, anchored with a $625 million syndicated term loan facility.
“This innovative facility marks a landmark transaction for the aviation finance space,” underscored Jie Chen, CDB Aviation’s Chief Executive Officer.
Moody’s Investors provided the Second Party Opinion as to the appropriateness of the KPIs and SPTs, confirming the conformity of the facility with the Sustainability Linked Loan Principles (“SLLPs”), with a best-in-class SQS2 rating.
Crédit Agricole Corporate and Investment Bank acted as Sole Sustainability Agent, as well as Lead Sustainability Structuring Advisor jointly with BNP Paribas and the Hong Kong and Shanghai Banking Corporation.