Goldman Sachs

While Gold has Surged During the Pandemic, Bulls Still Predicting Surge to $2,300/oz in 2021

Thursday, January 21, 2021 - 1:45pm

PALM BEACH, Fla., Jan. 21, 2021 /PRNewswire/ --During periods of crisis, gold has proven to be a time-honored safe-haven asset.

Key Points: 
  • PALM BEACH, Fla., Jan. 21, 2021 /PRNewswire/ --During periods of crisis, gold has proven to be a time-honored safe-haven asset.
  • As the international economic system ground to a halt, gold experienced extreme market turbulence on its way to near all-time high valuations.
  • BusinessInsider.com reported recently that Goldman Sachs says Gold prices will break out of a tight trading range in 2021 as inflation worries stoke demand.
  • Gold prices soared last year and many analysts predict gold will top $2,000.

While Gold has Surged During the Pandemic, Bulls Still Predicting Surge to $2,300/oz in 2021

Thursday, January 21, 2021 - 1:45pm

PALM BEACH, Fla., Jan. 21, 2021 /PRNewswire/ --During periods of crisis, gold has proven to be a time-honored safe-haven asset.

Key Points: 
  • PALM BEACH, Fla., Jan. 21, 2021 /PRNewswire/ --During periods of crisis, gold has proven to be a time-honored safe-haven asset.
  • As the international economic system ground to a halt, gold experienced extreme market turbulence on its way to near all-time high valuations.
  • BusinessInsider.com reported recently that Goldman Sachs says Gold prices will break out of a tight trading range in 2021 as inflation worries stoke demand.
  • Gold prices soared last year and many analysts predict gold will top $2,000.

Southeastern Grocers Announces Launch of Initial Public Offering

Thursday, January 21, 2021 - 1:00pm

Southeastern Grocers, Inc. (Southeastern Grocers or the Company) today announced the launch of an initial public offering of 8,900,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $14.00 and $16.00 per share, pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission (the SEC).

Key Points: 
  • Southeastern Grocers, Inc. (Southeastern Grocers or the Company) today announced the launch of an initial public offering of 8,900,000 shares of its common stock to be sold by certain of its stockholders, at an anticipated initial public offering price between $14.00 and $16.00 per share, pursuant to a registration statement on Form S-1 previously filed with the United States Securities and Exchange Commission (the SEC).
  • BofA Securities and Goldman Sachs & Co. LLC are acting as joint lead book running managers and as representatives of the underwriters for the offering.
  • Deutsche Bank Securities Inc., BMO Capital Markets and Wells Fargo Securities are acting as book-running managers for the offering.
  • These forward-looking statements, including statements regarding the size, timing, expected price range and proceeds of the initial public offering, are based on the Companys current expectations and assumptions.

Playtika Announces Closing of Initial Public Offering and Full Exercise of Underwriters’ Option to Purchase Additional Shares

Wednesday, January 20, 2021 - 9:05pm

Playtika did not receive any proceeds from any sale of shares by the Selling Stockholder.

Key Points: 
  • Playtika did not receive any proceeds from any sale of shares by the Selling Stockholder.
  • The shares began trading on the Nasdaq Global Select Market on January 15, 2021 under the symbol PLTK.
  • Citigroup, Goldman Sachs & Co. LLC, UBS Investment Bank, and BofA Securities acted as additional bookrunners for the offering.
  • Founded in 2010, Playtika was among the first to offer free-to-play social games on social networks and, shortly after, on mobile platforms.

Silvergate Launches Follow-on Public Offering of Class A Common Stock

Wednesday, January 20, 2021 - 9:22pm

Silvergate Capital Corporation (Silvergate or the Company) announced today the launch of an underwritten public offering of $200 million of shares of Class A common stock pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC).

Key Points: 
  • Silvergate Capital Corporation (Silvergate or the Company) announced today the launch of an underwritten public offering of $200 million of shares of Class A common stock pursuant to an effective Registration Statement on Form S-3 previously filed with the Securities and Exchange Commission (SEC).
  • The Company also expects to grant the underwriters a 30-day option to purchase up to an additional $30 million of shares of Class A common stock.
  • Goldman Sachs & Co. LLC, Keefe, Bruyette & Woods, A Stifel Company, and Canaccord Genuity will act as joint lead book-running managers.
  • Before you invest, you should read the prospectus in the Registration Statement, the related preliminary prospectus supplement and the other documents Silvergate has filed with the SEC for more complete information about Silvergate and this offering.

Utz Brands Announces Closing of Term Loan Refinancing

Wednesday, January 20, 2021 - 9:05pm

Utz Brands, Inc. (NYSE: UTZ) (Utz or the Company), announced today the closing of its term loan refinancing.

Key Points: 
  • Utz Brands, Inc. (NYSE: UTZ) (Utz or the Company), announced today the closing of its term loan refinancing.
  • Initially contemplated as a $310 million add-on to the existing Term Loan B due 2024, following robust investor demand, Utz placed a new $720 million Term Loan B due 2028 (the New Term Loan), enabling the Company to extend its maturity profile and reset certain terms of its credit agreement.
  • Bank of America, Goldman Sachs and Credit Suisse acted as Joint Bookrunners and Joint Lead Arrangers on the New Term Loan.
  • Utz manufactures a diverse portfolio of savory snacks under popular brands including Utz, On The Border, Zapps, Golden Flake, Good Health, Boulder Canyon, Hawaiian Brand, and Tortiyahs!

Goldman Sachs BDC, Inc. Schedules Earnings Release and Conference Call to Announce Fourth Quarter and Fiscal Year 2020 Results

Wednesday, January 20, 2021 - 9:00pm

Goldman Sachs BDC, Inc. (GS BDC) (NYSE: GSBD) announced today that it will report its fourth quarter and fiscal year ended December 31, 2020 financial results after the market closes on Thursday, February 25, 2021.

Key Points: 
  • Goldman Sachs BDC, Inc. (GS BDC) (NYSE: GSBD) announced today that it will report its fourth quarter and fiscal year ended December 31, 2020 financial results after the market closes on Thursday, February 25, 2021.
  • GS BDC will also host an earnings conference call on Friday, February 26, 2021 at 9:00 am Eastern Time to discuss its financial results.
  • All participants are asked to dial in approximately 10-15 minutes prior to the call, and reference Goldman Sachs BDC, Inc. when prompted.
  • Please direct any questions regarding obtaining access to the conference call to Goldman Sachs BDC, Inc. Investor Relations, via e-mail, at gsbdc-investor-relations@gs.com .

Icon Wealth Partners Continues Rapid Growth in Houston – Welcomes Team from Avalon Advisors

Wednesday, January 20, 2021 - 3:00pm

Icon Wealth Partners, a privately-held, independent wealth advisory firm headquartered in Houston, TX, officially announced today that they have expanded their team with the addition of two veteran wealth advisors.

Key Points: 
  • Icon Wealth Partners, a privately-held, independent wealth advisory firm headquartered in Houston, TX, officially announced today that they have expanded their team with the addition of two veteran wealth advisors.
  • We have positioned Icon Wealth Partners as a destination for high performing advisors by investing in a first-class platform and outstanding people.
  • Icon Wealth Partners is based in Houston, Texas and is one of the largest independent advisory firms in Texas.
  • Icon Wealth Partners serves a select clientele of high net worth individuals, business owners and professionals Icon Wealth Partners is also a member of the Dynasty Financial Partners Network.

US Financial 15 Split Corp. Preferred Dividend Declared

Wednesday, January 20, 2021 - 2:00pm

TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05733 for each Preferred share, or 10.00% annually based on the previous month end net asset value.

Key Points: 
  • TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) -- US Financial 15 Split Corp ("US Financial 15") declares its monthly distribution of $0.05733 for each Preferred share, or 10.00% annually based on the previous month end net asset value.
  • Distributions are payable February 10, 2021 to shareholders on record as at January 29, 2021.
  • US Financial 15 invests in a portfolio consisting of 15 U.S. financial services companies as follows: American Express, Bank of America, Bank of New York Mellon Corp., Citigroup, CME Group Inc., Fifth Third Bancorp, The Goldman Sachs Group, J.P. Morgan Chase & Co., Morgan Stanley, PNC Financial Services Group Inc., Regions Financial Corp., State Street Corp., SunTrust Banks, U.S. Bancorp, and Wells Fargo.

Four Springs Capital Trust Announces $50 Million Investment From Goldman Sachs’ Vintage Funds

Wednesday, January 20, 2021 - 1:00pm

Four Springs Capital Trust (FSCT), a real estate investment trust that owns and operates a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States, announced today a $50 million strategic preferred investment from Goldman Sachs Vintage Funds (the Vintage Funds).

Key Points: 
  • Four Springs Capital Trust (FSCT), a real estate investment trust that owns and operates a portfolio of single-tenant, income producing net leased industrial, medical, office, and necessity retail properties throughout the United States, announced today a $50 million strategic preferred investment from Goldman Sachs Vintage Funds (the Vintage Funds).
  • FSCT intends to utilize the Vintage Funds investment to provide liquidity to an existing investor and continue to grow its real estate portfolio while evaluating additional strategic alternatives in the capital markets.
  • We are thrilled to have Goldman Sachs Vintage Funds as a strategic partner, said William Dioguardi, Chief Executive Officer of FSCT.
  • About Four Springs Capital Trust:
    Four Springs Capital Trust is a private real estate investment trust that owns and operates a diversified portfolio of industrial, medical and necessity retail properties net leased to investment grade and other creditworthy tenants under long-term leases.