Financial capital

U.S. Bank announces new leaders in Fixed Income & Capital Markets

Thursday, October 29, 2020 - 2:00pm

U.S. Bank recently announced several changes in its Fixed Income & Capital Markets (FICM) business, designed to further strengthen its strategic client focus and speed-to-market capabilities across business lines.

Key Points: 
  • U.S. Bank recently announced several changes in its Fixed Income & Capital Markets (FICM) business, designed to further strengthen its strategic client focus and speed-to-market capabilities across business lines.
  • Our success with clients continues to be driven by a holistic, product-agnostic approach, coupled with a commitment to an expanded product suite and a greater solutions-oriented mindset, said Stephen Philipson, head of Fixed Income & Capital Markets.
  • Loan Capital Markets (LCM): Jeanne Rudelius has been appointed the head of the LCM teams, covering Commercial Real Estate and Community Banking.
  • Loan Capital Markets: Bill Mulvihill will lead the LCM team covering Commercial Banking while continuing in his role as head of the Sports Finance Group at U.S. Bank.

Associated Capital Reports Preliminary Third Quarter Book Value of $38.15 to $38.35 Per Share

Tuesday, October 27, 2020 - 3:33pm

Associated Capital Group, Inc. (AC or the Company), announced today a range of its third quarter preliminary book value of $38.15 to $38.35 per share.

Key Points: 
  • Associated Capital Group, Inc. (AC or the Company), announced today a range of its third quarter preliminary book value of $38.15 to $38.35 per share.
  • This compares to $38.13 per share at June 30, 2020 and $39.93 per share at December 31, 2019.
  • Associated Capital will be issuing further details on its financial results in early November.
  • We have also earmarked proprietary capital for our direct investment business that invests in new and existing businesses.

AABB - Asia Metals Inc. Receives $10 Million Third Tranche Of $34 Million Joint Venture Financing

Thursday, October 22, 2020 - 12:30pm

The 2018 agreement guarantees a $34 million capital commitment allocated over a 3-year period on a time-lined payment schedule to earn-in a maximum 40% equity interest in the Company.

Key Points: 
  • The 2018 agreement guarantees a $34 million capital commitment allocated over a 3-year period on a time-lined payment schedule to earn-in a maximum 40% equity interest in the Company.
  • AABB jointly operates a management committee with representatives of the joint venture partner to oversee, approve and direct budgeting, capital expenditures and decision-making regarding operational processes and expenditures.
  • Asia Broadband Inc. (OTC : AABB), through its wholly owned subsidiary Asia Metals Inc., is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets.
  • This vertical integration approach to sales transactions is the unique strength of Asia Broadband and differentiates the Company to its shareholders.

DGAP-News: windeln.de SE: Successful completion of the capital increase - gross issue proceeds of EUR 3,386,193.60

Wednesday, October 21, 2020 - 8:03pm

Through the placement of 2,821,828 new no-par value bearer shares with a pro-rata amount in the share capital of EUR 1.00 each and dividend entitlement as from January 1, 2020 ("New Shares"), gross issue proceeds of EUR 3,386,193.60 were generated based on the subscription price of EUR 1.20 per New Share.

Key Points: 
  • Through the placement of 2,821,828 new no-par value bearer shares with a pro-rata amount in the share capital of EUR 1.00 each and dividend entitlement as from January 1, 2020 ("New Shares"), gross issue proceeds of EUR 3,386,193.60 were generated based on the subscription price of EUR 1.20 per New Share.
  • 2,441,303 New Shares were placed with selected investors as part of a private placement.
  • Quirin Privatbank AG accompanied the capital increase as the issuing bank and offered the publicly offered New Shares to the shareholders in accordance with the subscription offer.
  • This announcement is not for publication or distribution, directly or indirectly, in or into the United States of America (the "United States").

4BIO Capital leads SparingVision’s €44.5 million financing round

Wednesday, October 21, 2020 - 12:00pm

4BIO Capital is an international venture capital firm focused solely on the advanced therapies sector.

Key Points: 
  • 4BIO Capital is an international venture capital firm focused solely on the advanced therapies sector.
  • There is currently no treatment to treat all genetic forms of this rare retinal disease that leads to blindness and affects nearly 2 million people worldwide.
  • SparingVisions investors include 4BIO Capital, Bpifrance, Foundation Fighting Blindness (US), Fondation Voir & Entendre, UPMC Enterprises, Jeito Capital and Ysios Capital.
  • Ysios Capital is a leading Spanish independent venture capital firm that provides private equity financing to early and mid-stage life science companies that develop disruptive therapeutic products and platform technologies.

4BIO Capital leads SparingVision’s €44.5 million financing round

Wednesday, October 21, 2020 - 6:00am

4BIO Capital is an international venture capital firm focused solely on the advanced therapies sector.

Key Points: 
  • 4BIO Capital is an international venture capital firm focused solely on the advanced therapies sector.
  • There is currently no treatment to treat all genetic forms of this rare retinal disease that leads to blindness and affects nearly 2 million people worldwide.
  • SparingVisions investors include 4BIO Capital, Bpifrance, Foundation Fighting Blindness (US), Fondation Voir & Entendre, UPMC Enterprises, Jeito Capital and Ysios Capital.
  • Ysios Capital is a leading Spanish independent venture capital firm that provides private equity financing to early and mid-stage life science companies that develop disruptive therapeutic products and platform technologies.

American Equity Announces Strategic Partnership With Brookfield Asset Management to Accelerate AEL 2.0 Value-Creation Strategy

Sunday, October 18, 2020 - 8:00pm

American Equity will receive access to Brookfield investments in targeted asset classes as part of the strategic partnership.

Key Points: 
  • American Equity will receive access to Brookfield investments in targeted asset classes as part of the strategic partnership.
  • As part of this strategic partnership, Brookfield will acquire a 19.9% ownership interest in the common shares of American Equity.
  • Brookfield will also receive one seat on American Equitys Board of Directors following the initial equity investment.
  • We look forward to supporting American Equity in advancing its AEL 2.0 strategy which is well-positioned to create value for all stakeholders.

­ iAnthus Reports Fiscal Second Quarter 2020 Financial Results

Thursday, October 15, 2020 - 11:16pm

The Court issued its Reasons for Judgment on October 5, 2020 and approved the Revised Plan.

Key Points: 
  • The Court issued its Reasons for Judgment on October 5, 2020 and approved the Revised Plan.
  • A copy of the Revised Plan has also been filed under the Company's SEDAR profile as of October 7, 2020.
  • Where required, iAnthus has either commenced or intends to promptly commence the review and approval process.
  • Forward-looking statements may include, without limitation, statements relating to the Company's financial performance, business development and results of operations and the timing and outcome of closing of the Recapitalization Transaction.

FHN Financial Capital Markets Continues To Expand Municipal Bond Efforts

Wednesday, October 14, 2020 - 7:10pm

MEMPHIS, Tenn., Oct. 14, 2020 (GLOBE NEWSWIRE) -- FHN Financial Capital Markets, a division of First Horizon Bank, is pleased to announce the firms continued expansion of its Public Finance Department.

Key Points: 
  • MEMPHIS, Tenn., Oct. 14, 2020 (GLOBE NEWSWIRE) -- FHN Financial Capital Markets, a division of First Horizon Bank, is pleased to announce the firms continued expansion of its Public Finance Department.
  • During his 17-year career, Levine has arranged, structured, and financed over $16 billion in transportation capital projects in both the traditional municipal market and the public-private partnership (P3) financing sector.
  • FHN Financial Capital Markets, headquartered in Memphis, Tennessee, is a division of First Horizon Bank.
  • FHN Financial Capital Markets focuses on issuers and institutional investors through various business lines including public finance, underwriting, sales, and trading of fixed income products, supported by credit and portfolio strategy, economic outlook, and analysis.

Australis Capital Files Proxy Materials and Sends Letter to Shareholders

Tuesday, October 13, 2020 - 10:30pm

AUSA is at a crossroads and the outcome of the proxy contest will greatly affect the future of shareholders' investment in the Company.

Key Points: 
  • AUSA is at a crossroads and the outcome of the proxy contest will greatly affect the future of shareholders' investment in the Company.
  • The letter to shareholders follows in its entirety:
    You face a very important decision regarding your investment in Australis Capital Inc.
  • Shareholders can (and should) vote FOR the Company's slate of qualified and experienced director nominees, including two new independent directors, using only the BLUE proxy.
  • A team that respects shareholder capital and is solely focused on increasing shareholder value for ALL shareholders, not a select few.