Citizens Bank

Bank and Credit Card Apps and Websites Struggle to Find Ways to Stand Out as User Experience Becomes Increasingly Homogenized, J.D. Power Finds

Retrieved on: 
木曜日, 5月 30, 2024

According to a series of recent studies of bank and credit card mobile app and online users, released today by J.D.

Key Points: 
  • According to a series of recent studies of bank and credit card mobile app and online users, released today by J.D.
  • Power 2024 U.S. Online Credit Card Satisfaction StudySM—track overall customer satisfaction with banking and credit card providers’ digital offerings.
  • The U.S. Banking Mobile App Satisfaction, U.S. Online Banking Satisfaction, U.S. Credit Card Mobile App Satisfaction and U.S. Online Credit Card Satisfaction studies measure overall satisfaction with banking and credit card digital channels based on four factors: navigation; speed; visual appeal; and information/content.
  • The 2024 studies are based on responses from 17,843 retail bank and credit card customers nationwide and were fielded in February-March 2024.

TransPerfect Announces GlobalLink NEXT Americas 2024 Conference in New York

Retrieved on: 
火曜日, 5月 21, 2024

NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- TransPerfect , the world’s largest provider of language and AI solutions for global business, today announced its ninth annual GlobalLink NEXT Americas conference will be held June 25–26, 2024, at the Sheraton Times Square in New York City.

Key Points: 
  • NEW YORK, May 21, 2024 (GLOBE NEWSWIRE) -- TransPerfect , the world’s largest provider of language and AI solutions for global business, today announced its ninth annual GlobalLink NEXT Americas conference will be held June 25–26, 2024, at the Sheraton Times Square in New York City.
  • TransPerfect’s annual AI and technology user event features learning and networking opportunities, bringing together GlobalLink users, industry professionals, and technology experts.
  • Curated around this year’s theme of “Intelligence Everywhere,” the event will feature GlobalLink product spotlights, client case studies, and breakout tracks.
  • “With the theme of ‘Intelligence Everywhere,’ GlobalLink NEXT 2024 will feature our largest-ever focus on AI and how these new solutions can be game changers for organizations operating internationally,” said Matt Hauser, Chief Experience Officer at TransPerfect.

Tinicum Acquires KGM in Partnership with Management

Retrieved on: 
金曜日, 5月 24, 2024

Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in KGM from Compass Group Equity Partners (“Compass Group”).

Key Points: 
  • Tinicum, L.P. and affiliated funds managed by Tinicum Incorporated (“Tinicum”) announced today that it has acquired a controlling interest in KGM from Compass Group Equity Partners (“Compass Group”).
  • Headquartered in Tulsa, Oklahoma, KGM is a leading value-added distributor of natural gas products to utilities and commercial & industrial customers.
  • Tinicum’s family heritage and focus on long-term business building are an excellent fit for our company and industry,” said Tim Wood, CEO of KGM.
  • “Over the years, our partnership with KGM yielded numerous friendships and we look forward to seeing our friends have continued success with a great partner in Tinicum.”
    Goodwin Procter represented Tinicum and BMO and Citizens Bank led the financing for the transaction.

Jason Shanahan Joins Tiger Finance as Managing Director

Retrieved on: 
水曜日, 5月 8, 2024

BOSTON, May 8, 2024 /PRNewswire/ -- Jason P. Shanahan, a 24-year veteran of the asset-based lending and consumer finance industries, has joined Tiger Finance as a Managing Director.

Key Points: 
  • BOSTON, May 8, 2024 /PRNewswire/ -- Jason P. Shanahan, a 24-year veteran of the asset-based lending and consumer finance industries, has joined Tiger Finance as a Managing Director.
  • From his base in Tiger's Boston office, Shanahan will focus on identifying both secured debt financing and equity capital opportunities, as well as utilize his experience to further strengthen the Tiger Finance operating platform.
  • He will report to Bob DeAngelis , Executive Managing Director of Tiger Finance.
  • "As a long-time fellow member of Boston's asset-based lending community, Jason comes to Tiger Finance with expertise in all facets of corporate finance," said DeAngelis.

Cedar Fair Announces Successful Closing of $1.0 Billion Term Loan B and $300 Million Revolving Credit Facility

Retrieved on: 
水曜日, 5月 1, 2024

Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028.

Key Points: 
  • Cedar Fair, L.P. (NYSE: FUN) (the “Company”), a leader in regional amusement parks, water parks, and immersive entertainment, today announced it has entered into new credit facilities (the “New Credit Facilities”), comprising of a 7-year $1.0 billion senior secured term loan B maturing in 2031 and a new $300 million revolving credit facility maturing in 2028.
  • The new revolving credit facility will replace Cedar Fair’s existing revolving credit facility.
  • “We are very pleased with the solid execution of the transaction and strong market demand for our term loan,” said Cedar Fair CFO Brian Witherow.
  • The interest rate for borrowings under the revolving credit facility will be Term SOFR or Term CORRA plus a margin of 2.00% per annum.

First Horizon Corporation Names Thomas Hung Chief Credit Officer, Susan Springfield Announces Retirement

Retrieved on: 
月曜日, 4月 15, 2024

MEMPHIS, Tenn., April 15, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective October 1, 2024.

Key Points: 
  • MEMPHIS, Tenn., April 15, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") today announced that Thomas Hung, Executive Vice President, Head of Franchise Finance, will be named Senior Executive Vice President, Chief Credit Officer, effective October 1, 2024.
  • Hung will succeed Susan Springfield, Senior Executive Vice President, Chief Credit Officer, who has served in this role since 2013.
  • Starting April 15, 2024, Hung will serve as Deputy Chief Credit Officer to begin the succession planning process and join the Executive Management Committee.
  • Hung will report directly to Chairman, President and CEO Bryan Jordan and reside in Memphis, Tennessee.

DataBank Establishes $725 Million Financing to Support the Next Phase of Expansion

Retrieved on: 
火曜日, 4月 9, 2024

DALLAS, April 9, 2024 /PRNewswire/ -- DataBank, a leading provider of enterprise-class edge colocation, interconnection, and managed cloud services, announced today that it has established a new $725 million credit facility with which to finance its ongoing and future data center construction projects. 

Key Points: 
  • Flexible financing vehicle will allow company to accelerate construction projects to meet surging demand for data center capacity driven by A.I.
  • The new capital will fund ongoing expansion in existing markets including on its campuses in New York, Denver, Minneapolis, Salt Lake City, and Dallas.
  • The financing provides an attractively priced source of capital that is a long-term and scalable solution to meet accelerating demand for capacity within DataBank's footprint.
  • This also will represent DataBank's second green financing, following closely on the heels of the February 2024 Green Bond.

Matador Resources Company Announces Amendment to Its Credit Facility and Completion of Natural Gas Pipeline Connections

Retrieved on: 
月曜日, 3月 25, 2024

Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.

Key Points: 
  • Matador is also pleased to announce that five new banks joined the credit facility, bringing the total bank group to 19 banks.
  • “Both pipeline additions, which include over 20 miles of natural gas pipeline, will enable Matador to more effectively gather and transport natural gas production from the 21 Dagger Lake South wells, which are expected to be turned-to-sales in the second quarter of 2024.
  • The natural gas pipeline connection between Pronto Midstream and San Mateo can flow natural gas in either direction to optimize market conditions.
  • These natural gas pipeline connections will assist in the execution of our strategic priorities for our production, including record Matador production in 2024, as our guidance has indicated.”

Paramount Signs 74,000 Square Foot Lease at 1301 Avenue of the Americas

Retrieved on: 
月曜日, 3月 18, 2024

Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has signed a 74,000 square foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan.

Key Points: 
  • Paramount Group, Inc. (NYSE: PGRE) (“Paramount” or the “Company”) announced today that it has signed a 74,000 square foot lease with Citizens at 1301 Avenue of the Americas, a 1.7 million square-foot Class A office building, located between 52nd and 53rd Streets in Midtown Manhattan.
  • With this lease signing, the Company has made further progress leasing vacant space at 1301 Avenue of the Americas.
  • “This new lease builds on the momentum of recent leasing activity along Avenue of the Americas, and in our portfolio specifically.
  • Paramount Club, located at 1301 Avenue of the Americas, is a members only club created for corporate employees across our New York portfolio.

Blend Announces Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
金曜日, 3月 15, 2024

Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2023 financial results.

Key Points: 
  • Blend Labs, Inc. (NYSE:BLND), a leader in cloud banking software, today announced its fourth quarter and full year 2023 financial results.
  • “Despite a challenging market environment, Blend has achieved substantial progress on our three strategic priorities over the course of 2023,” said Nima Ghamsari, Head of Blend.
  • Total company revenue in 2023 was $156.8 million, composed of Blend Platform segment revenue of $109.5 million and Title segment revenue of $47.3 million.
  • Non-GAAP Blend Platform segment gross profit was $77.4 million in 2023, up from $76.3 million in 2022.