Citigroup

SeQura receives up to €150M of financing from Citi and further secures its continued growth

Retrieved on: 
Tuesday, September 27, 2022

BARCELONA, Spain, Sept. 27, 2022 /PRNewswire/ -- SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to 150m of senior financing.

Key Points: 
  • BARCELONA, Spain, Sept. 27, 2022 /PRNewswire/ -- SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to 150m of senior financing.
  • Existing financing partner Chenavari , a specialized credit investor based in London, continues its support for SeQura, bringing the total financing potential up to 200m.
  • The new agreement significantly reduces SeQura's funding cost and will allow SeQura to further its investment into strategic and high-growth initiatives to support our mission of being the preferred partner to the merchants.
  • The company has several thousands of merchants and offers all payment methods; "Pay Now", "Buy Now Pay Later" or "Pay in 3".

Citi Third Quarter 2022 Earnings Review

Retrieved on: 
Monday, September 26, 2022

Citigroup will issue its third quarter results via press release at approximately 8 a.m. (ET) on Friday, October 14, 2022.

Key Points: 

Larry Tabb Named STA's 2022 Dictum Meum Pactum Award Recipient

Retrieved on: 
Monday, September 26, 2022

Washington, D.C., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Security Traders Association (STA) today announced Larry Tabb as the 2022 Dictum Meum Pactum (DMP) Award recipient.

Key Points: 
  • Washington, D.C., Sept. 26, 2022 (GLOBE NEWSWIRE) -- Security Traders Association (STA) today announced Larry Tabb as the 2022 Dictum Meum Pactum (DMP) Award recipient.
  • The Dictum Meum Pactum Award recognizes individuals who have demonstrated an unwavering commitment to the betterment of the financial services industry and have exhibited acts of integrity at the highest level, consistent with the ideal STA has supported since its inception: Dictum Meum Pactum (My Word Is My Bond).
  • Im grateful to be recognized as this years DMP Award recipient, said Tabb.
  • In accordance with its founding principle, Dictum Meum Pactum (My Word Is My Bond), STA instills high standards of integrity across the industry and promotes generosity through the STA Foundation.

Veterans on Wall Street (VOWS) Announces Twelfth Annual Veteran Symposium

Retrieved on: 
Monday, September 26, 2022

Military veterans, spouses and corporate hiring managers are invited to attend the 12th Annual Veterans on Wall Street (VOWS) Symposium on November 3, 2022, from 8:30 am to 5:00 pm ET in New York City.

Key Points: 
  • Military veterans, spouses and corporate hiring managers are invited to attend the 12th Annual Veterans on Wall Street (VOWS) Symposium on November 3, 2022, from 8:30 am to 5:00 pm ET in New York City.
  • Citi, a founding member of VOWS, not only stood by us and the veterans we serve by hosting a virtual VOWS Symposium in 2020 but is also hosting the first VOWS Symposium back in person.
  • Citis support for veterans and military spouses is a testament to the strength of its inclusive organizational culture.
  • This years Symposium will convene leading thinkers and stakeholders to discuss veteran and military spouse support and retention in civilian careers.

Sixpoint Partners Promotes Two: Ignacio Martín-Chocano to Managing Director, Vincent Molinari to Director

Retrieved on: 
Monday, September 26, 2022

Sixpoint Partners (Sixpoint), a leading global investment bank serving the middle-market private equity industry, today announced the promotions, effective immediately, of Ignacio Martn-Chocano to Managing Director and of Vincent Molinari to Director.

Key Points: 
  • Sixpoint Partners (Sixpoint), a leading global investment bank serving the middle-market private equity industry, today announced the promotions, effective immediately, of Ignacio Martn-Chocano to Managing Director and of Vincent Molinari to Director.
  • Mr. Molinari joined Sixpoint Partners in 2021, bolstering the firms coverage of institutional investors in New York and New England.
  • Sixpoint Partners is a leading global investment bank focused on delivering strategic advisory and fundraising solutions to the middle-market private equity industry.
  • Investment banking and other advisory activities are provided by Sixpoint Partners LLC (Sixpoint) a registered broker-dealer and a member of FINRA and SIPC.

The Consello Group Continues Expansion of Merchant Banking Business

Retrieved on: 
Monday, September 26, 2022

NEW YORK, Sept. 26, 2022 /PRNewswire/ --

Key Points: 
  • Consello, the advisory and investing platform, continues to build out its senior team, today announcing the appointment of Eric Levengood as a Senior Managing Director in Consello's Merchant Banking Business.
  • "As we continue to expand our Merchant Banking offering, putting the right leadership team in place will be key to the success of the business," said Declan Kelly , Chairman and CEO of The Consello Group.
  • Mr. Levengood joins Consello following the appointment of Mark Simonian as a Global Partner in the Merchant Banking business and a month after the company announced a significant minority investment in Tidal Partners , a new investment banking and financial advisory firm.
  • Consello offers these four distinct but integrated lines of businesses all on one platform: Merchant Banking and M&A Advisory, Business Development, Investing and Digital Currency Advisory.

eFFECTOR Therapeutics Appoints Mayank Gandhi, M.D., as Chief Business Officer

Retrieved on: 
Monday, September 26, 2022

SAN DIEGO and REDWOOD CITY, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR), a leader in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today announced it has appointed Mayank J. Gandhi, M.D., as chief business officer.

Key Points: 
  • SAN DIEGO and REDWOOD CITY, Calif., Sept. 26, 2022 (GLOBE NEWSWIRE) -- eFFECTOR Therapeutics, Inc. (NASDAQ: EFTR), a leader in the development of selective translation regulator inhibitors (STRIs) for the treatment of cancer, today announced it has appointed Mayank J. Gandhi, M.D., as chief business officer.
  • Mayank is an accomplished leader with extensive experience in the biopharmaceutical industry including corporate development, partnering, product development and commercialization, said Steve Worland, Ph.D., president and chief executive officer of eFFECTOR.
  • Mayank will be instrumental in maximizing the value of tomivosertib and zotatifin as both compounds advance in clinical development.
  • eFFECTOR is a clinical-stage biopharmaceutical company pioneering the development of a new class of oncology drugs referred to as STRIs.

Industrial Logistics Properties Trust Announces $1.235 Billion Debt Financing with a Final Maturity Date in October 2027

Retrieved on: 
Friday, September 23, 2022

Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has closed on a $1.235 billion debt financing with a final maturity date of October 9, 2027.

Key Points: 
  • Industrial Logistics Properties Trust (Nasdaq: ILPT) today announced that it has closed on a $1.235 billion debt financing with a final maturity date of October 9, 2027.
  • The financing is secured by a portfolio of 104 industrial properties containing approximately 18.6 million square feet across 31 states.
  • The $1.235 billion debt financing is comprised of a $1.1 billion mortgage and a $135 million mezzanine loan.
  • This debt financing enabled us to fully repay our $1.385 billion bridge loan due in February 2023 with debt that has a final maturity date in October 2027 and excess cash.

Global banks representing $23 billion in steel loans sign onto Sustainable STEEL Principles

Retrieved on: 
Friday, September 23, 2022

Under RMI's leadership, six top lenders to the global steel sector announce signing of the Sustainable STEEL Principles.

Key Points: 
  • Under RMI's leadership, six top lenders to the global steel sector announce signing of the Sustainable STEEL Principles.
  • The SSP are the turn-key solution for measuring and disclosing the 1.5C alignment of steel lending portfolios.
  • Designed to support the practical achievement of net-zero emissions in the steel industry, they also provide the tools necessary for client engagement and advocacy.
  • The resulting framework positions lenders to facilitate the net-zero transition of the steel industry the largest source of industrial emissions globally.

SS&C GlobeOp Forward Redemption Indicator

Retrieved on: 
Friday, September 23, 2022

WINDSOR, Conn., Sept. 23, 2022 /PRNewswire/ -- SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced that the SS&C GlobeOp Forward Redemption Indicator for September 2022 measured 2.67%, up from 2.35% in August.

Key Points: 
  • The SS&C GlobeOp Hedge Fund Index (the Index) is a family of indices published by SS&C GlobeOp.
  • The SS&C GlobeOp Capital Movement Index and the SS&C GlobeOp Forward Redemption Indicator provide monthly reports based on actual and anticipated capital movement data independently collected from all hedge fund clients for whom SS&C GlobeOp provides administration services on the SS&C GlobeOp platform.
  • The SS&C GlobeOp Hedge Fund Performance Index is an asset-weighted benchmark of the aggregate performance of funds for which SS&C GlobeOp provides monthly administration services on the SS&C GlobeOp platform.
  • While individual fund data is anonymized by aggregation, the SS&C GlobeOp Hedge Fund Index data will be based on the same reconciled fund data that SS&C GlobeOp uses to produce fund net asset values (NAV).