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KBRA Assigns Preliminary Ratings to SCF Equipment Leasing 2024-1

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木曜日, 5月 30, 2024

Banking, Professional Services, Insurance, Finance, Transport, KBRA, Investment, SCF, Aircraft, IRR, ADCB, ABS, Note, Acquisition, Initial

KBRA assigns preliminary ratings to eight classes of notes issued by SCF Equipment Leasing 2024-1 LLC and SCF Equipment Leasing Canada 2024-1 Limited Partnership (collectively SCF 2024-1), an equipment ABS transaction.

Key Points:

KBRA assigns preliminary ratings to eight classes of notes issued by SCF Equipment Leasing 2024-1 LLC and SCF Equipment Leasing Canada 2024-1 Limited Partnership (collectively SCF 2024-1), an equipment ABS transaction.
SCF 2024-1 represents the 12th equipment ABS sponsored by Stonebriar Commercial Finance LLC (SCF or the Company).
Additionally, SCF services the Granite Park 2023-1 transaction, which is an equipment ABS backed by collateral originated by the Company.
All of the Contracts were directly or indirectly originated by SCF or Stonebriar Commercial Finance Canada Inc. (SCF Canada).

TEB's bond issue generates unprecedented investor interest

Retrieved on:

木曜日, 1月 11, 2024

Bank, Citibank, TEB, Emirates NBD, ADCB, BNP Paribas, Commercial bank, USD, Standard Chartered, HSBC

ISTANBUL, Jan. 11, 2024 /PRNewswire/ -- TEB's subordinated bond issuance was led by prominent financial institutions, including Abu Dhabi Commercial Bank, Citibank, HSBC, Emirates NBD, BNP Paribas, and Standard Chartered Bank. The yield rate for the issuance, featuring a ten-year maturity and a call option exercisable in the fifth year, was realized at 9,375 percent. The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.

Key Points:

The international bond issuance garnered significant attention from over 150 global investors, setting a new record with demand exceeding USD 2.9 billion, surpassing the issue amount by more than 7 times.
The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.
Leblebici: "We take pride in garnering significant interest, a testament to our standing as a strong and reliable bank"
Commenting on TEB's first subordinated bond issuance, TEB CEO Ümit Leblebici stated: "We received robust demand from foreign investors for our bond issuance.
Stating that they convened with international investor companies, Leblebici added, "The USD 400 million Basel III compliant bond issuance executed by our Bank witnessed an unprecedented demand, exceeding USD 2.9 billion and well distributed into foreign investors.

TEB's bond issue generates unprecedented investor interest

Retrieved on:

木曜日, 1月 11, 2024

Multimedia, Bank, Citibank, TEB, Emirates NBD, ADCB, BNP Paribas, Commercial bank, USD, Standard Chartered, HSBC

ISTANBUL, Jan. 11, 2024 /PRNewswire/ -- TEB's subordinated bond issuance was led by prominent financial institutions, including Abu Dhabi Commercial Bank, Citibank, HSBC, Emirates NBD, BNP Paribas, and Standard Chartered Bank. The yield rate for the issuance, featuring a ten-year maturity and a call option exercisable in the fifth year, was realized at 9,375 percent. The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.

Key Points:

The international bond issuance garnered significant attention from over 150 global investors, setting a new record with demand exceeding USD 2.9 billion, surpassing the issue amount by more than 7 times.
The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.
Leblebici: "We take pride in garnering significant interest, a testament to our standing as a strong and reliable bank"
Commenting on TEB's first subordinated bond issuance, TEB CEO Ümit Leblebici stated: "We received robust demand from foreign investors for our bond issuance.
Stating that they convened with international investor companies, Leblebici added, "The USD 400 million Basel III compliant bond issuance executed by our Bank witnessed an unprecedented demand, exceeding USD 2.9 billion and well distributed into foreign investors.

The Vanuatu Trade Commission To Ghana Partners ECO-6 For Development In Vanuatu and West Africa

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火曜日, 1月 2, 2024

MIAMI, Jan. 2, 2024 /PRNewswire-PRWeb/ -- The Vanuatu Trade Commission of Ghana has signed an agreement with the African Diaspora Central Bank (ADCB)/ Eco-6 Lumi as its strategic trading partners for the Republic of Vanuatu and the West African sub-regional countries.

Key Points:

MIAMI, Jan. 2, 2024 /PRNewswire-PRWeb/ -- The Vanuatu Trade Commission of Ghana has signed an agreement with the African Diaspora Central Bank (ADCB)/ Eco-6 Lumi as its strategic trading partners for the Republic of Vanuatu and the West African sub-regional countries.
The Vanuatu Trade Commission Ghana represents a sovereign trading partner of the Economic Community of West African States (ECOWAS) while ECO-6 invests in members and trade partners of African Regional Economic Communities (RECs).
We embrace this agreement as a sign of hope for our jurisdictional relevance of the Vanuatu Trade Commission.
Million Africans and our Diaspora families benefit through financial stimulus packages from the Vanuatu Trade Commission and ADCB.

ETHARA UNVEILS NEW KEY EVENT SUPPORTERS FOR THE FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023

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土曜日, 11月 25, 2023

ADCB, Live event support, Etihad Airways, Collection, First Abu Dhabi Bank, Musco Lighting, Yas Marina Circuit, Commercial bank, LED, Calendar, Formula, Abu Dhabi Grand Prix, Hall, Partnership, Foo Fighters, Growth, FAB, Amusement park, Mubadala Investment Company

ABU DHABI, UAE, Nov. 25, 2023 /PRNewswire/ -- Ethara has joined forces with new key event supporters Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala to help deliver the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023 – the biggest sport and entertainment weekend in the region.

Key Points:

Ethara adds Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala as official event supporters for the 2023 Abu Dhabi Grand Prix
ABU DHABI, UAE, Nov. 25, 2023 /PRNewswire/ -- Ethara has joined forces with new key event supporters Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala to help deliver the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023 – the biggest sport and entertainment weekend in the region.
Saif Rashid Al Noaimi, CEO of Ethara, said: "We are thrilled to have Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala join as Event Supporters for our milestone 15th edition of the Abu Dhabi Grand Prix.
Mohammed Almheiri, Senior Head – Emirati Segment, Abu Dhabi Commercial Bank, said: "ADCB is proud of its longstanding partnership with the Formula 1 Etihad Airways Abu Dhabi Grand Prix, which has firmly established itself as a world-class global event.
Tracy Faulkner, Group Chief Communications & External Relations Officer, First Abu Dhabi Bank, commented: "We are delighted to partner with Formula 1 Etihad Airways Abu Dhabi Prix and to take our support of this event to the next level.

ETHARA UNVEILS NEW KEY EVENT SUPPORTERS FOR THE FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023

Retrieved on:

土曜日, 11月 25, 2023

ABU DHABI, UAE, Nov. 25, 2023 /PRNewswire/ -- Ethara has joined forces with new key event supporters Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala to help deliver the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023 – the biggest sport and entertainment weekend in the region.

Key Points:

Ethara adds Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala as official event supporters for the 2023 Abu Dhabi Grand Prix
ABU DHABI, UAE, Nov. 25, 2023 /PRNewswire/ -- Ethara has joined forces with new key event supporters Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala to help deliver the FORMULA 1 ETIHAD AIRWAYS ABU DHABI GRAND PRIX 2023 – the biggest sport and entertainment weekend in the region.
Saif Rashid Al Noaimi, CEO of Ethara, said: "We are thrilled to have Abu Dhabi Commercial Bank, First Abu Dhabi Bank and Mubadala join as Event Supporters for our milestone 15th edition of the Abu Dhabi Grand Prix.
Mohammed Almheiri, Senior Head – Emirati Segment, Abu Dhabi Commercial Bank, said: "ADCB is proud of its longstanding partnership with the Formula 1 Etihad Airways Abu Dhabi Grand Prix, which has firmly established itself as a world-class global event.
Tracy Faulkner, Group Chief Communications & External Relations Officer, First Abu Dhabi Bank, commented: "We are delighted to partner with Formula 1 Etihad Airways Abu Dhabi Prix and to take our support of this event to the next level.

BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility

Retrieved on:

日曜日, 11月 5, 2023

Digital, Public Facilities Privacy & Security Act, Region, Investment banking, Business development, Security, Facility, Commercial bank, Ecosystem, Partnership, ADCB, WEC Energy Group, Bank, Renewable energy, Cryptocurrency, Natixis

SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- BB Energy Asia, a wholly-owned subsidiary of BB Energy Group Holding Ltd ("BB Energy Group" or the "Group"), has closed a USD210 million Secured Digital Borrowing Base facility ("Facility") to support the working capital needs of its Asian trading business.

Key Points:

SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- BB Energy Asia, a wholly-owned subsidiary of BB Energy Group Holding Ltd ("BB Energy Group" or the "Group"), has closed a USD210 million Secured Digital Borrowing Base facility ("Facility") to support the working capital needs of its Asian trading business.
The 364-day Facility, guaranteed by BB Energy Group, is the first digital borrowing base facility for the Group outside the USA, covering import finance as well as funding of inventory, receivables, and hedging positions under its wholly owned subsidiary, BB Energy Asia.
This successful closing marks a significant milestone for BB Energy Asia and demonstrates the unwavering confidence in BB Energy Group's creditworthiness and business prospects.
L-Thanh Nguyen, Head Global Trade Asia Pacific, Natixis Corporate and Investment Banking, said: "We are proud to be entrusted by BB Energy Asia to lead, arrange, structure, and execute this inaugural Secured Digital Borrowing Base facility for BB Energy Group.

BB Energy Asia successfully closes inaugural USD210mn secured digital borrowing base facility

Retrieved on:

日曜日, 11月 5, 2023

SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- BB Energy Asia, a wholly-owned subsidiary of BB Energy Group Holding Ltd ("BB Energy Group" or the "Group"), has closed a USD210 million Secured Digital Borrowing Base facility ("Facility") to support the working capital needs of its Asian trading business.

Key Points:

SINGAPORE, Nov. 6, 2023 /PRNewswire/ -- BB Energy Asia, a wholly-owned subsidiary of BB Energy Group Holding Ltd ("BB Energy Group" or the "Group"), has closed a USD210 million Secured Digital Borrowing Base facility ("Facility") to support the working capital needs of its Asian trading business.
The 364-day Facility, guaranteed by BB Energy Group, is the first digital borrowing base facility for the Group outside the USA, covering import finance as well as funding of inventory, receivables, and hedging positions under its wholly owned subsidiary, BB Energy Asia.
This successful closing marks a significant milestone for BB Energy Asia and demonstrates the unwavering confidence in BB Energy Group's creditworthiness and business prospects.
L-Thanh Nguyen, Head Global Trade Asia Pacific, Natixis Corporate and Investment Banking, said: "We are proud to be entrusted by BB Energy Asia to lead, arrange, structure, and execute this inaugural Secured Digital Borrowing Base facility for BB Energy Group.

HUAWEI AppGallery and Leading Banking Apps in the UAE: A Strategic Partnership for the Future of Banking

Retrieved on:

月曜日, 9月 4, 2023

These are just a few of the leading banking apps in the UAE that have partnered with Huawei Mobile Services.

Key Points:

These are just a few of the leading banking apps in the UAE that have partnered with Huawei Mobile Services.
With the banking apps available on HUAWEI AppGallery, users can access their accounts and make payments from anywhere, at any time.
The strategic partnerships between Huawei Mobile Services and leading banking apps in the UAE are a significant development in the digital banking landscape in the region.
These partnerships offer a number of benefits to both Huawei users and the banking apps themselves, and they are likely to play a role in the future of digital banking in the UAE.

HUAWEI AppGallery and Leading Banking Apps in the UAE: A Strategic Partnership for the Future of Banking

Retrieved on:

月曜日, 9月 4, 2023

These are just a few of the leading banking apps in the UAE that have partnered with Huawei Mobile Services.

Key Points:

These are just a few of the leading banking apps in the UAE that have partnered with Huawei Mobile Services.
With the banking apps available on HUAWEI AppGallery, users can access their accounts and make payments from anywhere, at any time.
The strategic partnerships between Huawei Mobile Services and leading banking apps in the UAE are a significant development in the digital banking landscape in the region.
These partnerships offer a number of benefits to both Huawei users and the banking apps themselves, and they are likely to play a role in the future of digital banking in the UAE.