Euro

FIS Announces Upsizing and Results of its Senior Note Tender Offers

Retrieved on: 
Tuesday, March 5, 2024

Overall, $1,496,352,000 and £754,757,000 principal amount of Dollar Notes and Sterling Notes, respectively, have been accepted for purchase.

Key Points: 
  • Overall, $1,496,352,000 and £754,757,000 principal amount of Dollar Notes and Sterling Notes, respectively, have been accepted for purchase.
  • The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.
  • King & Co, Inc. acted as the Information and Tender Agent for the Offers.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

FIS Announces Pricing Terms of its Senior Note Tender Offers

Retrieved on: 
Monday, March 4, 2024

The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.

Key Points: 
  • The Offers are subject to the satisfaction of certain conditions as described in the Offer to Purchase.
  • FIS reserves the right, subject to applicable law, to waive any and all conditions to any Offer.
  • King & Co, Inc. will act as the Information and Tender Agent for the Offers.
  • You may also contact your broker, dealer, commercial bank, trust company or other nominee for assistance concerning the Offers.

Dole plc Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Thursday, February 29, 2024

In particular, in the fourth quarter, we benefited from a strong seasonal working capital inflow.

Key Points: 
  • In particular, in the fourth quarter, we benefited from a strong seasonal working capital inflow.
  • Given our strong 2023 overperformance, our target at this early stage of the year is to deliver full year Adjusted EBITDA in line with 2023 on a like-for-like basis.
  • On February 28, 2024, the Board of Directors of Dole plc declared a cash dividend for the fourth quarter of 2023 of $0.08 per share, payable on April 4, 2024 to shareholders of record on March 21, 2024.
  • A cash dividend of $0.08 per share was paid on January 4, 2024 for the third quarter of 2023.

FIS Announces $2.25 Billion Senior Note Tender Offers for Certain Outstanding Senior Notes

Retrieved on: 
Tuesday, February 27, 2024

Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.

Key Points: 
  • Notes may be validly withdrawn at any time at or prior to 5:00 p.m. (Eastern time) on March 4, 2024, unless extended with respect to any Offer.
  • Accordingly, Holders should not tender any Notes that they do not wish to be accepted for purchase.
  • FIS reserves the right, subject to applicable law, to waive the Maximum Purchase Condition with respect to any Offer.
  • King & Co, Inc. will act as the Information and Tender Agent for the Offers.

ERES REIT Declares February 2024 Monthly Distribution

Retrieved on: 
Thursday, February 15, 2024

TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.12 per Unit annualized.

Key Points: 
  • TORONTO, Feb. 15, 2024 (GLOBE NEWSWIRE) -- European Residential Real Estate Investment Trust (TSX: ERE.UN, “ERES”) is pleased to announce that the trustees of ERES have declared the February 2024 monthly cash distribution of €0.01 per Unit and Class B LP Unit (the “February Distribution”), being equivalent to €0.12 per Unit annualized.
  • The distribution will be payable to holders of the Units and Class B LP Units (the “Unitholders”) of record on February 29, 2024, with payment on March 15, 2024.
  • The final cash distribution in respect of January 2024 was C$0.01449 per Unit and Class B LP Unit.
  • ERES intends to continue to make regular monthly distributions, subject to the discretion of the ERES Board of Trustees.

ISE 2024 Fair: Barcelona Shines with Cutting-Edge Technology

Retrieved on: 
Thursday, February 15, 2024

ISE, recognized as the pinnacle of technology and innovation, has once again shone in the Catalonia capital city, making Barcelona the global epicentre of the latest technological trends.

Key Points: 
  • ISE, recognized as the pinnacle of technology and innovation, has once again shone in the Catalonia capital city, making Barcelona the global epicentre of the latest technological trends.
  • This international exposure not only strengthens the image of Barcelona, but also contributes to the recognition of Spain as a destination of avant-garde technology.
  • LED DREAM GROUP has been selected once again by ISE to offer an exclusive guided technology tour.
  • In short, the ISE 2024 Fair has been a true show, not only for technology lovers, but also for the entire city of Barcelona.

ISE 2024 Fair: Barcelona Shines with Cutting-Edge Technology

Retrieved on: 
Thursday, February 15, 2024

ISE, recognized as the pinnacle of technology and innovation, has once again shone in the Catalonia capital city, making Barcelona the global epicentre of the latest technological trends.

Key Points: 
  • ISE, recognized as the pinnacle of technology and innovation, has once again shone in the Catalonia capital city, making Barcelona the global epicentre of the latest technological trends.
  • This international exposure not only strengthens the image of Barcelona, but also contributes to the recognition of Spain as a destination of avant-garde technology.
  • LED DREAM GROUP has been selected once again by ISE to offer an exclusive guided technology tour.
  • In short, the ISE 2024 Fair has been a true show, not only for technology lovers, but also for the entire city of Barcelona.

Bloomberg Launches First Fully Automated Basis Trade and Reporting Workflow

Retrieved on: 
Thursday, February 8, 2024

LONDON, Feb. 8, 2024 /PRNewswire/ -- Bloomberg today announced the launch of a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap (IRS) v Bond Future contracts through Eurex.

Key Points: 
  • New workflow provides frictionless reporting of Future vs. Interest Rate Swap basis trade
    LONDON, Feb. 8, 2024 /PRNewswire/ -- Bloomberg today announced the launch of a fully automated electronic workflow for the trading and reporting of EUR Interest Rate Swap (IRS) v Bond Future contracts through Eurex.
  • This new end-to-end workflow allows sell-side participants acting as executing brokers to facilitate a trade using a single interface and benefit from full straight through processing (STP) using Bloomberg's technology.
  • "Increased electronification enables workflow optimization and benefits our clients across the buy and sell-side," said Derek Kleinbauer, Global Head of Fixed Income & Equity E-Trading at Bloomberg.
  • Bloomberg Electronic Trading Solutions (ETS) are used by leading financial institutions to trade efficiently in over 175 markets around the world.

The Eurosystem policy response to developments in retail payments

Retrieved on: 
Wednesday, February 7, 2024

Retail payments are undergoing profound changes that are reshaping the European payments landscape.

Key Points: 
  • Retail payments are undergoing profound changes that are reshaping the European payments landscape.
  • The retail payments ecosystem and consumers’ attitudes and preferences are evolving and influencing one another.

Record 2023 Results Strengthen the Foundation for Continuous Growth

Retrieved on: 
Thursday, February 1, 2024

2023 Adjusted EBITDA(1) reached Euro 2,279 million, up 28.5% versus the prior year and with an Adjusted EBITDA(1) margin of 38.2%.

Key Points: 
  • 2023 Adjusted EBITDA(1) reached Euro 2,279 million, up 28.5% versus the prior year and with an Adjusted EBITDA(1) margin of 38.2%.
  • 2023 Adjusted EBIT(1) was Euro 1,617 million, increased 31.8% versus the prior year and with an Adjusted EBIT(1) margin of 27.1%.
  • SG&A also grew (Euro 43 million) mainly reflecting the continuous development of the Company’s digital infrastructure and organization, as well as brand investments.
  • As of December 31, 2023, total available liquidity was Euro 1,722 million (Euro 2,058 million as of December 31, 2022), including undrawn committed credit lines of Euro 600 million.