Financial law

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Monday, November 23, 2020 - 4:04pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Monday, November 23, 2020 - 4:04pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

DoubleLine Publishes New Paper on the State of the U.S. Corporate Credit Markets

Friday, November 20, 2020 - 6:00pm

LOS ANGELES, Nov. 20, 2020 /PRNewswire/ -- In a new paper titled "A Survey of the Tiered Landscape of Corporate Credit," Robert Cohen, Director of the Global Developed Credit team at DoubleLine Capital LP, examines the state of risk pricing in the sectors of the U.S. corporate credit universe.

Key Points: 
  • LOS ANGELES, Nov. 20, 2020 /PRNewswire/ -- In a new paper titled "A Survey of the Tiered Landscape of Corporate Credit," Robert Cohen, Director of the Global Developed Credit team at DoubleLine Capital LP, examines the state of risk pricing in the sectors of the U.S. corporate credit universe.
  • "The year 2020, and the decade leading up to it, have led to some interesting reversals in U.S. corporate credit, including irregularities across the investment grade (IG), high yield and bank loan markets," Mr. Cohen writes.
  • The convergence of risk pricing between below investment grade corporate bonds (also known as high yield bonds) and bank debt, Mr. Cohen observes, is something relatively new.
  • Thus, for most of the history of these asset classes, bank debt was considered less risky than high yield bonds."

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Friday, November 20, 2020 - 6:03pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Friday, November 20, 2020 - 6:03pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

XTM Launches Vert Visa Credit Card to Provide the Newly-banked and Underbanked Access to Unsecured Credit

Friday, November 20, 2020 - 8:00am

It is estimated that over 22% of the North American population is considered "credit risk" when measured by their credit score.

Key Points: 
  • It is estimated that over 22% of the North American population is considered "credit risk" when measured by their credit score.
  • The Vert Visa program allows younger adults to establish credit and anyone the ability to re-establish or repair their credit.
  • Approved users will be granted credit limits from $250-$500 without security deposit and will have the ability gain more credit over time with good payment history.
  • XTM is in discussions with lending organizations that will provide the underlying credit facilities to the Company providing a fast rollout.

Allison Transmission Closes Offering of $1 Billion Aggregate Principal Amount of 3.750% Senior Notes Due 2031

Thursday, November 19, 2020 - 9:05pm

Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), completed its previously announced offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act).

Key Points: 
  • Allison Transmission Holdings, Inc. (NYSE: ALSN) (Allison or the Company) today announced that its wholly owned subsidiary, Allison Transmission, Inc. (the Issuer), completed its previously announced offering of $1 billion in aggregate principal amount of 3.750% Senior Notes due 2031 (the Notes) in a private placement (the Offering) exempt from registration under the Securities Act of 1933, as amended (the Securities Act).
  • The Issuer used the net proceeds from the offering, together with cash on hand, to redeem $1 billion aggregate principal amount of its outstanding 5.000% Senior Notes due 2024 (the 2024 Notes) and to pay related fees and expenses.
  • As a result of this offering, we anticipate an annual savings of approximately $12.5 million in interest expense, with the earliest maturity on our long-term debt due in 2026.
  • The Company also announced that the Issuer entered into an amendment (the Amendment) to the credit agreement governing its senior secured credit facilities.

DATA443 ANNOUNCES FURTHER REDUCTION IN DEBT, WITH MORE SHAREHOLDER-FRIENDLY TERMS, AND SIGNIFICANT REDUCTION IN DERIVATIVE LIABILITIES

Thursday, November 19, 2020 - 3:26pm

While reducing our outstanding debt by $200,000 is important, it is just as significant that we have eliminated the derivative liability from this note, which has long been a drag on our financials.

Key Points: 
  • While reducing our outstanding debt by $200,000 is important, it is just as significant that we have eliminated the derivative liability from this note, which has long been a drag on our financials.
  • Anytime we can reduce our debt without having to issue additional material consideration is always a win for our company.
  • Data443 will hold a Business Update Conference Call and Webcast later today, Thursday, November 19, 2020 at 4:30pm ET.
  • Risk Factors, in our Annual Report on Form 10-K filed with the SEC on 17 April 2020; and, (iii) subsequent filings.

Form 8.3 - The Vanguard Group, Inc.: Aon plc

Thursday, November 19, 2020 - 3:07pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.

Form 8.3 - The Vanguard Group, Inc.: Willis Towers Watson plc

Thursday, November 19, 2020 - 3:07pm

Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.

Key Points: 
  • Full details of any agreement, arrangement or understanding between the person disclosing and any other person relating to the voting rights of any relevant securities under any option referred to on this form or relating to the voting rights or future acquisition or disposal of any relevant securities to which any derivative referred to on this form is referenced.
  • If none, this should be stated.