Trust company

BOARDS OF MILTON HERSHEY SCHOOL AND HERSHEY TRUST COMPANY ANNOUNCE NEWLY ELECTED CHAIRMAN

Retrieved on: 
Tuesday, January 2, 2024
The Hershey Company, Family, Vice, Milton Hershey School, Student, Education, Certified Public Accountant, HTC, Hershey Trust Company, Knowledge, MHS, Female, Trust company, Management

HERSHEY, Pa., Jan. 2, 2024 /PRNewswire/ -- The Milton Hershey School (MHS) Board of Managers and the Hershey Trust Company (HTC) Board of Directors announce the election of Maria Trinh Kraus '89 as Chairman.

Key Points: 
  • HERSHEY, Pa., Jan. 2, 2024 /PRNewswire/ -- The Milton Hershey School (MHS) Board of Managers and the Hershey Trust Company (HTC) Board of Directors announce the election of Maria Trinh Kraus '89 as Chairman.
  • She was elected to the MHS and HTC Boards in 2018 and most recently served as Vice Chairman, a position to which she was appointed in 2020.
  • In addition, she is one of three representatives from the MHS and HTC Boards to serve as a member of The Hershey Company Board of Directors and sits on the M.S.
  • "She has a clear vision for the future of MHS and HTC and will be diligent in safeguarding the assets on behalf of Milton Hershey School.

USAA Life Insurance Announces New Relationship with Trust & Will

Retrieved on: 
Wednesday, November 29, 2023
Transformation, Trust company, Woman, USAA, Corporate development, SAN, Veteran, Policy, Partnership, Life insurance, Property management, Trust

USAA members will benefit from Trust & Will's streamlined approach to estate planning.

Key Points: 
  • USAA members will benefit from Trust & Will's streamlined approach to estate planning.
  • "In uniting with Trust & Will, USAA can now offer seamless online estate planning solutions alongside our robust suite of financial services.
  • USAA will integrate Trust & Will into key experiences where a member may need estate planning services such as acquiring a life insurance policy, updating beneficiaries or settling the estate of a loved one.
  • USAA saw value in Trust & Will even before this relationship, by investing in the company though USAA's Corporate Development team in early 2023.

AXS Investments Teams with Gapstow Capital Partners to Transform the High Yield Space with RINC, a Unique Real Estate Income ETF

Retrieved on: 
Monday, August 28, 2023
AXS, Partnership, ETF, Investment, Trust company, Index, Name, Lisp (programming language), Growth, Real estate, Commercial property

NEW YORK, Aug. 28, 2023 /PRNewswire/ -- AXS Investments, a leading asset manager providing access to alternative investments for income, growth and diversification, is today adding a new ETF to its fund lineup: the AXS Real Estate Income ETF (RINC). RINC seeks to track the performance of the Gapstow Real Estate Income Index (GREI) and is designed for investors looking for a differentiated source of high yield.

Key Points: 
  • NEW YORK, Aug. 28, 2023 /PRNewswire/ -- AXS Investments , a leading asset manager providing access to alternative investments for income, growth and diversification, is today adding a new ETF to its fund lineup: the AXS Real Estate Income ETF (RINC).
  • RINC seeks to track the performance of the Gapstow Real Estate Income Index (GREI) and is designed for investors looking for a differentiated source of high yield.
  • The RINC ETF marks the launch of the AXS partnership with Gapstow Capital Partners, which developed the fund's underlying index.
  • This proprietary index is designed to track publicly traded mortgage REITs (mREITs) that own and/or originate real estate debt.

Hudson Pacific Properties Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 1, 2023
Commercial Building & Real Estate, Construction & Property, REIT, Total, HPP, Clock Tower Square, Tax, Rivian, GAAP, Balance sheet, Don Quixote, Silicon, FFO, Acquisition, Bloomberg, Corporation, Hudson Pacific Properties, NOI, Trust company, NYSE, Commercial property, Security (finance), Lease

Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2023.

Key Points: 
  • Hudson Pacific Properties, Inc. (NYSE: HPP) (the "Company," "Hudson Pacific," or "HPP"), a unique provider of end-to-end real estate solutions for dynamic tech and media tenants in global epicenters for these synergistic, converging and secular growth industries, today announced financial results for the second quarter 2023.
  • "Last month, the national entertainment strike expanded, with the actors joining the writers on strike for the first time since 1960.
  • It otherwise excludes any impact from new acquisitions, dispositions, debt financings or repayments, recapitalizations, capital markets activity or similar matters.
  • There can be no assurance that actual results will not differ materially from these estimates.

Talen Announces Closing of $1.2 Billion Senior Secured Notes Offering

Retrieved on: 
Friday, May 12, 2023
Corporate action, Plan, TEC, Talen Energy, SEC Rule 144A, Line of credit, TES, Person, Sale, Escrow, Joint, Regulation, Trust company, Bankruptcy, Security (finance), Note

HOUSTON, May 12, 2023 /PRNewswire/ -- Talen Energy Corporation ("TEC") announced today that Talen Energy Supply, LLC ("TES" or the "Company"), a direct wholly owned subsidiary of TEC, has completed its previously announced offering of $1.2 billion in the aggregate principal amount of its 8.625% senior secured notes due 2030 (the "Notes"), pursuant to the Joint Chapter 11 Plan of Reorganization of Talen Energy Supply, LLC and its Affiliated Debtors (the "Plan").

Key Points: 
  • HOUSTON, May 12, 2023 /PRNewswire/ -- Talen Energy Corporation ("TEC") announced today that Talen Energy Supply, LLC ("TES" or the "Company"), a direct wholly owned subsidiary of TEC, has completed its previously announced offering of $1.2 billion in the aggregate principal amount of its 8.625% senior secured notes due 2030 (the "Notes"), pursuant to the Joint Chapter 11 Plan of Reorganization of Talen Energy Supply, LLC and its Affiliated Debtors (the "Plan").
  • Prior to the Completion Date, the Notes will be senior secured obligations of the Company secured only by a first priority security interest in the Escrow Account and all amounts on deposit therein, and the Notes will not be guaranteed.
  • The Notes and the related guarantees have not been and will not be registered under the Securities Act or any state securities laws.
  • The offering of Note is being made only by means of a confidential offering circular.

RLJ Lodging Trust Reports First Quarter 2023 Results

Retrieved on: 
Thursday, May 4, 2023
Other Construction & Property, Commercial Building & Real Estate, Lodging, Construction & Property, REIT, Travel, RevPAR, Revolver, Pandemic, Trust company, Share repurchase, ADR, Trustee, Comparable, Security (finance), Holding company

Comparable Hotel EBITDA for the three months ended March 31, 2022 includes $0.1 million net income from acquired hotels.

Key Points: 
  • Comparable Hotel EBITDA for the three months ended March 31, 2022 includes $0.1 million net income from acquired hotels.
  • The dividend was paid on April 17, 2023 to shareholders of record as of March 31, 2023.
  • The dividend was paid on April 28, 2023 to shareholders of record as of March 31, 2023.
  • Based on current trends and assuming no materials disruptions to travel caused by pandemics or worsening macro-economic conditions, the Company's second quarter 2023 is as follows:

Adelphia Communications Corporation Announces Distribution

Retrieved on: 
Thursday, March 30, 2023
Corporate action, ACC, John Hatch (development specialist), Plan, Effective date, American Benefit Plan Administrators, Date, Risk, United States Bankruptcy Court for the Southern District of New York, Sale, Adelphia Communications Corporation, Confirmation, United States bankruptcy court, Disclosure, Comcast, Trust company, Adelphia

GREENWOOD VILLAGE, Colo., March 30, 2023 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $3.0 million in cash payable on or about April 13, 2023 to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").

Key Points: 
  • GREENWOOD VILLAGE, Colo., March 30, 2023 /PRNewswire/ -- Adelphia Communications Corporation ("ACC") announced today a subsequent distribution of $3.0 million in cash payable on or about April 13, 2023 to holders of Allowed Claims against the parent Adelphia Communications Corporation pursuant to the First Modified Fifth Amended Joint Chapter 11 Plan of Reorganization of Adelphia Communications Corporation and Certain Affiliated Debtors, dated as of January 3, 2007, as Confirmed (the "Plan").
  • ACC has established a Record Date for purposes of this distribution of April 6, 2023.
  • Adelphia Communications Corporation continues under the management of Development Specialists, Inc., the Plan Administrator, to liquidate its assets and administer its plan of reorganization.
  • Prior to the sale of substantially all of the consolidated assets of Adelphia to Time Warner NY Cable LLC and Comcast Corporation on July 31, 2006, Adelphia Communications Corporation was the fifth largest cable television company in the country.

The LaBroi Insurance Group Launches LinkedIn Content Initiative to Educate African American High Income Earners on Generational Wealth Creation

Retrieved on: 
Thursday, July 14, 2022
Diamond, Asset, Morehouse College, Dentist, Trust company, LinkedIn, Trust, Secrecy, Money Management, The Secrets, Generation Wealth, Education, Bank, Financial services

Inspired by the vast gap in education on wealth building concepts related to insurance, the Wealth Creation & Money Management firm is educating African Americans on little-known tax-free strategies for building lasting wealth

Key Points: 
  • Washington, D.C.--(Newsfile Corp. - July 14, 2022) - The LaBroi Insurance Group is proud to announce that they are furthering the education of African American high-income earners through LinkedIn content.
  • Inspired by the vast gap in education on concepts related to wealth-related insurance, The LaBroi Insurance Group takes pride in educating families, individuals, and business owners on proven methodologies for effectively leveraging insurance contracts.
  • Our professionals bring multi-disciplinary knowledge and expertise to tackle situations and create high-performance strategies for wealth and living-standard management."
  • To learn more reach out to LaBroi Insurance Group via the contact info below.

DGAP-News: GENERATION INCOME PROPERTIES ANNOUNCES CONTINUED MONTHLY CASH DISTRIBUTIONS

Retrieved on: 
Friday, April 1, 2022
Company, NASDAQ, Trust company, Income, Investment, Board, City, Compliance, U.S. Securities and Exchange Commission, Board of directors, Security (finance), Review, Director, Securities Exchange Act of 1934, Securities Act of 1933, Policy, SECURE Act of 2019

Generation Income Properties, Inc. (NASDAQ: GIPR) ('GIPR' or the 'Company') announced today that its Board of Directors has declared continued regular monthly cash distributions of $0.054 per common share for each of April, May, and June 2022.

Key Points: 
  • Generation Income Properties, Inc. (NASDAQ: GIPR) ('GIPR' or the 'Company') announced today that its Board of Directors has declared continued regular monthly cash distributions of $0.054 per common share for each of April, May, and June 2022.
  • These distributions were declared pursuant to a cash distribution policy approved by the Board of Directors, which estimates total annualized distributions of approximately $0.65 per common share.
  • Additional information about Generation Income Properties, Inc. can be found at the Company's corporate website: www.gipreit.com .
  • The declaration of future monthly distributions is subject to approval of our Board of Directors each quarter after its review of our financial performance and cash needs.

VK Company: Comment on Interest Payment under Convertible Bonds

Retrieved on: 
Friday, April 1, 2022
Transfer, Company, Trust company, Clause, USD, Principal, MAR, Bank, Bond (finance), Investor relations, BNY Mellon, Condition, Agency agreement, LSE, Agency, VK, MOEX, Virginia High School League, Security (finance), EU, Bond

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • VK Company Limited (LSE, MOEX: VKCO, hereinafter referred as "VK" or "the Company"), informs that the regular semi-annual interest payment in the amount of USD 3.25mn under USD 400mn 1.625 per cent.
  • As a result, according to Clause 5.1 of the Agency Agreement, the Company has fulfilled its obligations in respect of the interest payment in full.
  • The Paying, Transfer and Conversion Agents, having received the funds from the Company, shall, subject to and in accordance with the Conditions, pay interest in respect of the Bonds on its due date on behalf of the Company.