Barclays

Numerati® Partners' Samantha Kappagoda Presented at the Barclays Second Annual Digital Leader Series

Monday, January 20, 2020 - 3:00pm

NEW YORK, Jan. 20, 2020 /PRNewswire/ -- Samantha Kappagoda of Numerati Partners LLC and RiskEconLab for Decision Metrics @ Courant Institute of Mathematical Sciences NYU presented and facilitated discussion at the Barclays Second Annual Digital Leader Series on November 14, 2019 in New York City.

Key Points: 
  • NEW YORK, Jan. 20, 2020 /PRNewswire/ -- Samantha Kappagoda of Numerati Partners LLC and RiskEconLab for Decision Metrics @ Courant Institute of Mathematical Sciences NYU presented and facilitated discussion at the Barclays Second Annual Digital Leader Series on November 14, 2019 in New York City.
  • Ms. Kappagoda discussed the Role of Data in AI along with Sharon Cohen Levin , Partner, Litigations Group & Member, Criminal Defense and Investigations Group at Sullivan & Cromwell.
  • Barclays Annual Digital Leader Series is hosted by and for women executives working in financial services and technology, orFinTech,including credit cards and payments.
  • This series provides a forum for seasoned professionals in related industries to engage in direct and substantive discussions.

Barclays Expands Partnership With FactSet to Distribute Bond-level Liquidity Measure - LCS®

Wednesday, January 15, 2020 - 1:30pm

Barclays today announces a strategic partnership with FactSet , a global provider of integrated financial information, analytical applications, and industry-leading service, to distribute Barclays bond-level liquidity measure on the Open: FactSet Marketplace .

Key Points: 
  • Barclays today announces a strategic partnership with FactSet , a global provider of integrated financial information, analytical applications, and industry-leading service, to distribute Barclays bond-level liquidity measure on the Open: FactSet Marketplace .
  • We are excited to work with FactSet to provide expanded access to our liquidity metric for a broader set of fixed income investors, says Jeff Meli, Head of Research at Barclays.
  • Launched in 2009, Liquidity Cost Score (LCS) is an objective, quantitative bond-level liquidity measure based on two-way quotes from Barclays traders.
  • Barclays computes LCS for more than 22,000 fixed-income securities with a total outstanding amount of US50trn, covering a broad range of asset classes.

WPX Energy Closes Public Offering of Senior Unsecured Notes

Friday, January 10, 2020 - 9:15pm

WPX Energy (NYSE:WPX) announced today that it has closed its previously announced public offering of $900,000,000 million aggregate principal amount of 4.500% senior unsecured notes due 2030 at par.

Key Points: 
  • WPX Energy (NYSE:WPX) announced today that it has closed its previously announced public offering of $900,000,000 million aggregate principal amount of 4.500% senior unsecured notes due 2030 at par.
  • Upon release from escrow, WPX Energy intends to use the proceeds to finance a portion of the cash consideration of the previously announced acquisition of Felix Energy Holdings II, LLC (Felix) and to pay related fees and expenses.
  • If for any reason the Felix acquisition is not consummated, the notes are subject to a special mandatory redemption.
  • Barclays Capital Inc. and Citigroup Global Markets Inc. acted as joint lead book-running managers for the notes offering.

Palomar Holdings, Inc. Launches Primary and Secondary Public Offering

Tuesday, January 7, 2020 - 9:10pm

The Company intends to use the net proceeds that it will receive from the offering for general corporate purposes, including to fund future growth.

Key Points: 
  • The Company intends to use the net proceeds that it will receive from the offering for general corporate purposes, including to fund future growth.
  • The Company will not receive any proceeds from the sale of the shares by the selling stockholders.
  • Barclays Capital Inc., J.P. Morgan and Keefe, Bruyette & Woods, Inc. will act as joint lead book-running managers for the offering.
  • Evercore Group L.L.C., William Blair & Company, L.L.C., Piper Sandler & Co. and SunTrust Robinson Humphrey, Inc. will also act as joint book-running managers for the offering.

Barclays Confirms the Quarterly Composition of the CIBC Atlas Select MLP Index

Tuesday, January 7, 2020 - 9:15pm

The Index Constituents are selected for inclusion in the Index using the CIBC Select MLP Strategy (the Strategy) developed by CIBC Private Wealth Advisors, Inc. (the Index Selection Agent).

Key Points: 
  • The Index Constituents are selected for inclusion in the Index using the CIBC Select MLP Strategy (the Strategy) developed by CIBC Private Wealth Advisors, Inc. (the Index Selection Agent).
  • The Index Selection Agent provides the Index Constituents that are selected by the Strategy to Barclays Bank PLC, as index sponsor.
  • For further information about Barclays, please visit our website home.barclays
    An investment in any ETNs linked to the CIBC Atlas Select MLP Index (the ETNs) involves risks.
  • CIBC Atlas Select MLP Index is a trademark of Barclays Bank PLC.

Barclays Announces Cboe Notice Regarding IMLP ETNs

Tuesday, January 7, 2020 - 9:15pm

Barclays Bank PLC (Barclays) announced today that on December 26, 2019, the Cboe BZX exchange (the Exchange) issued a deficiency notification letter (the Deficiency Notification).

Key Points: 
  • Barclays Bank PLC (Barclays) announced today that on December 26, 2019, the Cboe BZX exchange (the Exchange) issued a deficiency notification letter (the Deficiency Notification).
  • Barclays will submit a plan to the Exchange by February 10, 2020, outlining how the ETNs will gain compliance with the Rule.
  • Barclays Bank PLC is the issuer of iPath ETNs and Barclays Capital Inc. is the issuers agent in the distribution.
  • Energy MLP Market Risks May Affect the Trading Value of the ETNs and the Amount of Any Payment on the ETNs.

GTS Acquires Barclays Equity Options Market Making Business

Wednesday, December 11, 2019 - 2:30pm

The unit has grown to be an options market maker quoting in more than 735,000 individual securities across 13 global options exchanges.

Key Points: 
  • The unit has grown to be an options market maker quoting in more than 735,000 individual securities across 13 global options exchanges.
  • In total, the business trades approximately two percent of all exchange traded equity options volume in the United States.
  • The new GTS options trading business will be led by Kirill Gelman, who has overseen it at Barclays since 2008, who said, We are grateful to Barclays for the success we had growing the automated options market making business.
  • GTS is the largest Designated Market Maker (DMM) at the New York Stock Exchange, responsible for nearly $13 trillion of market capitalization.

Uber CEO to Participate in a Keynote at the Barclays 2019 Global Technology, Media and Telecom Conference

Wednesday, December 11, 2019 - 12:18am

Uber Technologies, Inc. (NYSE: UBER) announced today that Dara Khosrowshahi, chief executive officer, will participate in a keynote at the Barclays 2019 Global Technology, Media and Telecom Conference on Wednesday, December 11, 2019.

Key Points: 
  • Uber Technologies, Inc. (NYSE: UBER) announced today that Dara Khosrowshahi, chief executive officer, will participate in a keynote at the Barclays 2019 Global Technology, Media and Telecom Conference on Wednesday, December 11, 2019.
  • Mr. Khosrowshahi is scheduled to appear at 3:30 p.m. Eastern Time.
  • More than 15 billion trips later, were building products to get people closer to where they want to be.
  • By changing how people, food, and things move through cities, Uber is a platform that opens up the world to new possibilities.

Gravity Completes Acquisition of On Point, Creating the Largest Commercial Saltwater Disposal Company in the Midland Basin

Tuesday, December 10, 2019 - 11:00am

MIDLAND, Texas, Dec. 10, 2019 /PRNewswire/ -- Gravity, a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), today announced it has completed the acquisition of On Point Oilfield Holdings, LLC ("On Point"), creating the largest commercial produced water disposal company by injection volumes in the Midland Basin.

Key Points: 
  • MIDLAND, Texas, Dec. 10, 2019 /PRNewswire/ -- Gravity, a leading water and energy infrastructure company backed by affiliates of Clearlake Capital Group, L.P. ("Clearlake"), today announced it has completed the acquisition of On Point Oilfield Holdings, LLC ("On Point"), creating the largest commercial produced water disposal company by injection volumes in the Midland Basin.
  • Gravity now owns and manages more than 50 active saltwater disposal wells with more than 1 million barrels per day of permitted disposal capacity.
  • Trace Hight, founder and CEO of On Point, has joined Gravity as its Chief Commercial Officer of Water Infrastructure, reporting to Rob Rice, Gravity's President and Chief Executive Officer.
  • Vinson & Elkins served as legal counsel to Gravity and Barclays acted as Gravity's financial advisor and arranged debt financing for the transaction.

 Regions Financial Corporation Announces Results of Tender Offer for 3.200% Senior Notes due 2021

Friday, December 6, 2019 - 11:14pm

An additional $1,512,000 aggregate principal amount of its outstanding Notes were tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents.

Key Points: 
  • An additional $1,512,000 aggregate principal amount of its outstanding Notes were tendered pursuant to the guaranteed delivery procedures described in the Tender Offer Documents.
  • Deutsche Bank Securities Inc., Barclays Capital, Inc., Goldman Sachs & Co. LLC and Regions Securities LLC served as Joint Dealer Managers for the tender offer.
  • This news release is neither an offer to purchase nor a solicitation of an offer to sell any securities.
  • In any jurisdiction where the laws require the tender offer to be made by a licensed broker or dealer, the tender offer will be made by the Joint Dealer Managers on behalf of Regions.