Associated Banc-Corp

Nicolet National Bank Hires William Bohn to Lead Wealth Management and Private Client Services

Retrieved on: 
Tuesday, March 26, 2024
Banking, Asset Management, Professional Services, Finance, Culture, Investment management, Risk management, Associated, EVP, Marquette University, Insurance, Wealth management, Marquette University Law School, Head, Nicolet Bankshares, Associated Banc-Corp, Pension, Trust, Bohn, Feeding America, NIC, Bellin, National bank, Management

Nicolet National Bank (“Nicolet”), the operating entity of bank holding company Nicolet Bankshares, Inc. (NYSE: NIC), today announced the hiring of William Bohn as Executive Vice President, Wealth Management, Private Client and Trust Services.

Key Points: 
  • Nicolet National Bank (“Nicolet”), the operating entity of bank holding company Nicolet Bankshares, Inc. (NYSE: NIC), today announced the hiring of William Bohn as Executive Vice President, Wealth Management, Private Client and Trust Services.
  • He will report directly to Mike Daniels, Chairman, President, and CEO, overseeing Wealth Management, Retirement Plan Services, Private Client Services, and Trust and Investment Management.
  • “He brings leadership expertise to a Wealth and Private Client team that is growing quickly and will continue to be a key strategic focus at Nicolet.
  • He has successfully led numerous teams, including Wealth Management, Private Client Services, Retirement Plans, and Trust and Investment Services.

Associated Bank Named Best for Customer Satisfaction with Retail Banking in the Upper Midwest Region by J.D. Power

Retrieved on: 
Thursday, March 28, 2024
Consumer, Associated Banc-Corp, Retail banking, Associated, Digital, Trust, American Bankers Association, News, J.D. Power, ASB, GREEN, Feedback, Online shopping

GREEN BAY, Wis., March 28, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) ("Associated") has earned the J.D. Power Award for ranking highest in the J.D. Power 2024 U.S. Retail Banking Satisfaction Study for the Upper Midwest Region for customers' satisfaction with their retail bank.

Key Points: 
  • Power 2024 U.S. Retail Banking Satisfaction Study for the Upper Midwest Region for customers' satisfaction with their retail bank.
  • The Retail Banking Satisfaction Study measures satisfaction in seven dimensions: level of trust, people, banking how and when I want, account offerings, digital channels, helping save time or money, and resolving problems.
  • Power 2024 U.S. Retail Banking Satisfaction Study is based on responses from 105,355 retail banking customers of the largest banks in the United States regarding their experiences with their retail bank.
  • Power U.S. Retail Banking Satisfaction Study, visit the news release at https://www.jdpower.com/business/press-releases/2024-us-retail-banking-s... and study at https://www.jdpower.com/business/retail-banking-study-1 .

SWIFT CURRENT ENERGY ANNOUNCES POWER PURCHASE AGREEMENT AND TAX EQUITY FINANCING FOR 260 MW SOLAR PROJECT IN TEXAS

Retrieved on: 
Tuesday, March 26, 2024
Diamond, Electricity, Associated Banc-Corp, Solar energy, Project, Swift Current, Vinson & Elkins, City, Carbon, UnitedHealth Group, Morgan Stanley, ATI Technologies, NRG Energy, PPA, Willkie Farr & Gallagher, First Solar, Renewable energy

HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy"). Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.

Key Points: 
  • Solar energy generated from Tres Bahias Solar will supply power to City of Houston facilities via a PPA with an NRG Energy, Inc. affiliate
    HOUSTON, March 26, 2024 /PRNewswire/ -- Swift Current Energy ("Swift Current") today announced that its 260 MWdc Tres Bahias Solar project ("Tres Bahias" or the "Project") located on the Gulf Coast of Texas is now powering City of Houston facilities through a power purchase agreement ("PPA") with an affiliate of NRG Energy, Inc. ("NRG Energy").
  • Tres Bahias is the largest operating solar project in Calhoun County, Texas and the third largest in the Texas Gulf Coast region.
  • Swift Current previously announced that ING Capital, LLC provided construction financing for the Project, with Siemens Financial Services and Associated Bank as additional lenders in the construction financing.
  • A portion of the solar energy generated from the Project will be used to power some City of Houston facilities.

Kilroy Realty Recasts Its $1.1 Billion Sustainability-Linked Unsecured Revolving Credit Facility

Retrieved on: 
Wednesday, March 6, 2024
REIT, Environment, Commercial Building & Real Estate, Construction & Property, Sustainability, Barclays, Wells Fargo, National Association, Bank, Chase Bank, Credit, PNC Financial Services, Adjustment, Line of credit, Sumitomo Mitsui Banking Corporation, Scotiabank, Associated Banc-Corp, U.S. Bancorp, BofA Securities, BNY Mellon, Bank of America, JPMorgan Chase, Security (finance)

The borrowing spread and facility fee are variable and subject to a ratings-based pricing grid based on the Borrower’s credit rating.

Key Points: 
  • The borrowing spread and facility fee are variable and subject to a ratings-based pricing grid based on the Borrower’s credit rating.
  • The Revolving Credit Facility was syndicated to a group of twelve U.S. and international banks led by JPMorgan Chase Bank, N.A., BofA Securities, Inc., Wells Fargo Securities, LLC, PNC Capital Markets LLC, and U.S. Bank National Association, which acted as joint lead arrangers and joint bookrunners.
  • is the administrative agent for the Revolving Credit Facility and Bank of America, N.A.
  • Other participants in the Revolving Credit Facility include KeyBank National Association, The Bank of New York Mellon, and Associated Bank, National Association.

Northwest Bancshares, Inc. and Northwest Bank Name Douglas M. Schosser Chief Financial Officer

Retrieved on: 
Monday, February 26, 2024
Wealth management, Accounting, Forecasting, Investment, Robin, Line of business, Growth, Retirement, Executive Committee, Commercial, Miami University, KeyBank, Business, Associated Banc-Corp, Control, Policy, Knowledge, VCM, Financial management, Public sector, Management

COLUMBUS, Ohio, Feb. 26, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) and its wholly-owned subsidiary Northwest Bank announced today that Douglas M. Schosser has been appointed Chief Financial Officer, effective March 18, 2024.

Key Points: 
  • COLUMBUS, Ohio, Feb. 26, 2024 /PRNewswire/ -- Northwest Bancshares, Inc. (Nasdaq: NWBI) and its wholly-owned subsidiary Northwest Bank announced today that Douglas M. Schosser has been appointed Chief Financial Officer, effective March 18, 2024.
  • Mr. Schosser will work alongside Mr. Harvey through 2024 to ensure a smooth transition of duties.
  • In his new role as Chief Financial Officer, Mr. Schosser will be a key member of Northwest's executive leadership team, overseeing all financial management of Northwest Bank and a team across treasury, financial planning, accounting, reporting and tax, as well as facilities and enterprise project management.
  • Northwest Bank's leadership team is pleased to welcome Mr. Schosser's broad financial background and experience across key areas.

Associated Banc-Corp to Present at the 2024 RBC Capital Markets Global Financial Institutions Conference on March 5-6, 2024

Retrieved on: 
Wednesday, February 21, 2024
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GREEN BAY, Wis., Feb. 21, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to present at the 2024 RBC Capital Markets Global Financial Institutions Conference in New York, NY at 1:20 p.m.

Key Points: 
  • GREEN BAY, Wis., Feb. 21, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB) announced today that Management expects to present at the 2024 RBC Capital Markets Global Financial Institutions Conference in New York, NY at 1:20 p.m.
  • ET on Wednesday, March 6, 2024 and expects to meet with investors throughout the conference.
  • Interested parties can access a live webcast of the presentation through the Investor Relations section of the Company's website at http://investor.associatedbank.com .
  • A replay of the presentation is expected to be accessible for 90 days after the presentation date.

Associated Bank Named Among Newsweek's "America's Best Regional Banks and Credit Unions 2024"

Retrieved on: 
Friday, February 9, 2024
Associated, Trust, GREEN, Growth, ASB, Health, Organization, Credit, Credit union, Associated Banc-Corp, Bank

GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.

Key Points: 
  • GREEN BAY, Wis., Feb. 9, 2024 /PRNewswire/ -- Associated Banc-Corp (NYSE: ASB), has been named among "America's Best Regional Banks and Credit Unions 2024" by Newsweek and market-data research firm Plant-A Insights Group.
  • For the first time, the two organizations partnered to study all regional banks and credit unions in the United States (approximately 9,440 institutions).
  • "(We) are proud to share this ranking of America's Best Regional Banks and Credit Unions, recognizing the top 250 Regional Banks and 250 Credit Unions in the United States," said Nancy Cooper, Global Editor in Chief, Newsweek.
  • "Regional banks and credit unions play a pivotal role in the financial fabric of communities nationwide.

Office Properties Income Trust Announces $425 Million Amended and Restated Secured Credit Facilities

Retrieved on: 
Monday, January 29, 2024
Construction & Property, REIT, Bank of America, Barclays, OPI, PNC Financial Services, First Horizon Bank, First Hawaiian Bank, Associated Banc-Corp, Facility, BofA Securities, UBS AG, Berkshire Bank, Royal Bank, Citibank, Regions Financial Corporation, Wells Fargo, Bank, UBS, Commercial bank, Sumitomo Mitsui Banking Corporation, Royal Bank of Canada, National Association, Security (finance)

Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.

Key Points: 
  • Office Properties Income Trust (Nasdaq: OPI) today announced that it has entered into a second amended and restated secured credit agreement that governs its new $325 million secured revolving credit facility and $100 million secured term loan, or the Facilities.
  • OPI has a one-year extension option for the $325 million secured revolving credit facility, subject to the payment of an extension fee and satisfaction of certain other customary conditions.
  • The Facilities are secured by 19 office properties with a gross carrying value of $942 million.
  • The Facilities replace OPI’s previous $750 million unsecured revolving credit facility that was scheduled to mature on January 31, 2024.

Vesper Energy Closes $590 Million in Financing for its Hornet Solar Project

Retrieved on: 
Wednesday, January 31, 2024
Partnership, PTC, MUFG, Growth, Head, Capital, Associated Banc-Corp, Bayerische Landesbank, Inflation, Letter, MUFG Bank, Investment, Renewable energy

DALLAS, Jan. 31, 2024 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project. The asset will deliver renewable energy to communities throughout Texas, provide grid stability, and mitigate price volatility in ERCOT. The successful close showcases Vesper Energy's financial strength, continued growth, and momentum entering 2024. This is another step in Vesper Energy's mission to develop, construct, and operate clean energy projects across the United States.  

Key Points: 
  • Texas site is one of nation's largest single-phase solar projects, will monetize more than $500 million of
    DALLAS, Jan. 31, 2024 /PRNewswire/ -- Vesper Energy, a developer, owner, and operator of utility-scale renewable energy assets, today announced the closing of financing for its Hornet Solar project.
  • "Closing project financing and a long-term purchase agreement for the PTCs on a large project in west Texas is complex," said Vesper Energy's Chief Financial Officer Robert Scheuermann.
  • Vesper secured a $590 million debt financing package for the Hornet Solar project, consisting of a construction-to-term loan and letter of credit facility.
  • "Financing critically important energy transition projects such as Hornet Solar reflects Nord/LB's commitment to supporting Vesper Energy in the growing and maturing renewable energy sector," said Nicolai Dillow, Managing Director / Head of Originations at Nord/LB.

Associated Bank welcomes Steven Zandpour as executive vice president, director of retail banking

Retrieved on: 
Wednesday, January 17, 2024
Attitude, Fifth Third Bank, University, Economics, Head, MBA, Investment, BMO, Arizona Science Center, Small business, Associated Banc-Corp, Management

MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking.

Key Points: 
  • MILWAUKEE, Jan. 17, 2024 /PRNewswire/ -- Associated Bank today announced the appointment of Steven Zandpour as the company's executive vice president, director of retail banking.
  • In his new role, Zandpour will focus on consumer and small business growth across the company's major metropolitan markets.
  • He will also lead Associated Bank's branch network, contact centers and other sales and service channels.
  • "We are delighted to welcome Steven to Associated Bank," said executive vice president and head of consumer and business banking, David Stein.