BNP Paribas

BNP Paribas Launches New Philanthropic Campaign with Independent Nonprofit, The Forgotten International

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Thursday, October 21, 2021 - 8:32pm

BNP Paribas, a leading international bank, is pleased to announce today the launch of a new structured notes campaign benefitting The Forgotten International, the independent nonprofit developing programs to alleviate poverty.

Key Points: 
  • BNP Paribas, a leading international bank, is pleased to announce today the launch of a new structured notes campaign benefitting The Forgotten International, the independent nonprofit developing programs to alleviate poverty.
  • BNP Paribas will donate to The Forgotten International a portion of the banks proceeds from structured products notes sales.
  • Nathalie Texier-Guillot, BNP Paribas Head of Equity Sales US, said, BNP Paribas has a long history of giving back to groups in need across the world.
  • The bank also offers asset management services through BNP Paribas Asset Management as well as Real Estate and Fleet Services through partnerships.

OFS Capital Corporation Commences Offering of Notes

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Thursday, October 21, 2021 - 1:16pm

OFS Capital Corporation (the Company) (Nasdaq: OFS) announced today that it has commenced an underwritten offering of unsecured notes (the Notes), subject to market and other conditions.

Key Points: 
  • OFS Capital Corporation (the Company) (Nasdaq: OFS) announced today that it has commenced an underwritten offering of unsecured notes (the Notes), subject to market and other conditions.
  • If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date.
  • The interest rate and other terms of the Notes will be determined at the time of pricing of the offering.
  • OFS Capital Corporation is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company.

Onfido Survey Reveals Businesses Must Establish Trust Online in Less Than 10 Minutes or Risk Losing Customers

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Thursday, October 21, 2021 - 9:39am

The survey explored Internet users' relationship to digital services and digital identity and revealed that businesses have just 10 minutes to set up digital accounts or risk losing consumer trust.

Key Points: 
  • The survey explored Internet users' relationship to digital services and digital identity and revealed that businesses have just 10 minutes to set up digital accounts or risk losing consumer trust.
  • The significant growth in the adoption of digital services throughout lockdowns and beyond has increased how comfortable consumers are accessing online services.
  • The key finding of the study is that digital identity verification is becoming the preferred option for consumers accessing services.
  • Businesses have just minutes to establish the confidence that consumers expect in the digital world.

Valmet has signed a EUR 300 million syndicated revolving credit facility with a margin linked to its climate targets

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Wednesday, October 20, 2021 - 3:43pm

Valmet Oyj's press release on October 20, 2021 at 5:30 p.m.EEST

Key Points: 
  • Valmet Oyj's press release on October 20, 2021 at 5:30 p.m.EEST
    Valmet has signed a new EUR 300 million sustainability-linked syndicated revolving credit facility (RCF) agreement.
  • The new RCF refinances an existing EUR 200 million credit facility and will be used for general corporate purposes.
  • The facility has a tenor of 3 years with two 1-year extension options dependent on the approval of the banks concerned.
  • The margin under the RCF will be partly adjusted based on Valmet's progress in meeting its Climate program targets.

JAB and BNP Paribas Cardif Announce Strategic Pet Healthcare Alliance

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Tuesday, October 19, 2021 - 2:00pm

JAB and insurer BNP Paribas Cardif today announced a strategic alliance to deliver a range of pet insurance services throughout the UK, EMEA and Latin America, with a vision to offer additional pet healthcare services over time.

Key Points: 
  • JAB and insurer BNP Paribas Cardif today announced a strategic alliance to deliver a range of pet insurance services throughout the UK, EMEA and Latin America, with a vision to offer additional pet healthcare services over time.
  • BNP Paribas Cardif will remain significantly involved in the pet healthcare activity, supporting the development of this alliance through a continued stake in the business.
  • We are delighted to partner with JAB to deliver a holistic suite of pet insurance and healthcare services, said Pauline Leclerc Glorieux, CEO of BNP Paribas Cardif.
  • As the insurance subsidiary of BNP Paribas, BNP Paribas Cardif is the world leader in bancassurance partnerships and creditor insurance.

Compass Returns to NYC: Good Shepherd Services Hosts their Epic, Late-Night Puzzle Hunt Fundraiser to Support Programming for NYC Youth

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Monday, October 18, 2021 - 5:08pm

We are thrilled to bring back Compass, one of New York Citys most exciting and anticipated fundraising events, for the first time since the pandemic, said Michelle Yanche, Executive Director of Good Shepherd Services.

Key Points: 
  • We are thrilled to bring back Compass, one of New York Citys most exciting and anticipated fundraising events, for the first time since the pandemic, said Michelle Yanche, Executive Director of Good Shepherd Services.
  • Thanks to Element Capital, 100% of all donations raised through Compass will directly support Good Shepherd programs.
  • Good Shepherd Services goes where children, youth, and families face the greatest challenges and provides resources that build on their inherent strengths to help them thrive.
  • Good Shepherd operates over 80 programs which help nearly 30,000 youth and family members in struggling neighborhoods throughout New York City.

Paris-Based Natural Language Processing and AI Automation Startup Expands Globally with New York City Headquarters

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Friday, October 15, 2021 - 2:41pm

PARIS, Oct. 15, 2021 /PRNewswire/ -- Yseop , a pioneer in Natural Language Processing (NLP) and world-leading AI software company, today announced the expansion of its global operations in the U.S.

Key Points: 
  • PARIS, Oct. 15, 2021 /PRNewswire/ -- Yseop , a pioneer in Natural Language Processing (NLP) and world-leading AI software company, today announced the expansion of its global operations in the U.S.
  • Emmanuel joined Yseop as CEO in 2017, leading the company's growth and vision to bring the benefits of automation and NLP to enterprise companies globally.
  • YSEOP is an international company specializing in artificial intelligence and is a pioneer in natural language processing (NLP) technology.
  • Its industry-leading Augmented Analyst Natural Language Processing AI Platform supportsenterprise no-code applications for business users.

Clearlake Capital Completes Acquisition of Cornerstone OnDemand

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Friday, October 15, 2021 - 2:04pm

SANTA MONICA, Calif., Oct. 15, 2021 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its acquisition of Cornerstone OnDemand, Inc.(NASDAQ: CSOD, "Cornerstone OnDemand", or "Cornerstone"), a global leader in talent management software.

Key Points: 
  • SANTA MONICA, Calif., Oct. 15, 2021 /PRNewswire/ -- Clearlake Capital Group, L.P. (together with its affiliates "Clearlake") today announced that it has completed its acquisition of Cornerstone OnDemand, Inc.(NASDAQ: CSOD, "Cornerstone OnDemand", or "Cornerstone"), a global leader in talent management software.
  • The acquisition was previously announced on August 5, 2021, and was approved by Cornerstone OnDemand shareholders on October 12, 2021.Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash.
  • "Clearlake's investment in Cornerstone is an exciting and important step for our company and our customers," said Phil Saunders, CEO, Cornerstone.
  • https://www.cornerstoneondemand.com/
    Founded in 2006, Clearlake Capital Group, L.P. is an investment firm, operating integrated businesses across private equity, credit, and other related strategies.

Clearlake Capital Completes Acquisition of Cornerstone OnDemand

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Friday, October 15, 2021 - 1:58pm

Clearlake Capital Group, L.P. (together with its affiliates Clearlake) today announced that it has completed its acquisition of Cornerstone OnDemand, Inc. (NASDAQ: CSOD, Cornerstone OnDemand, or Cornerstone), a global leader in talent management software.

Key Points: 
  • Clearlake Capital Group, L.P. (together with its affiliates Clearlake) today announced that it has completed its acquisition of Cornerstone OnDemand, Inc. (NASDAQ: CSOD, Cornerstone OnDemand, or Cornerstone), a global leader in talent management software.
  • The acquisition was previously announced on August 5, 2021, and was approved by Cornerstone OnDemand shareholders on October 12, 2021.
  • Under the terms of the agreement, Clearlake has acquired the outstanding shares of Cornerstone common stock for $57.50 per share in cash.
  • Clearlakes investment in Cornerstone is an exciting and important step for our company and our customers, said Phil Saunders, CEO, Cornerstone.

OneTen pledges over 3,000 tech education scholarships over the next ten years to increase Black representation in the tech sector

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Thursday, October 14, 2021 - 2:00pm

WASHINGTON, Oct. 14, 2021 /PRNewswire/ -- OneTen announced today the launch of an inaugural scholarship program designed to increase educational opportunities for Black talent without four-year degrees and help them pursue family-sustaining jobs in the tech industry. In partnership with talent transformation platform Udacity and the Blacks In Technology (BIT) Foundation, OneTen will offer a total of 3,500 scholarships for the first two years. This is part of OneTen's 10-year pledge to support Black talent from underserved areas with limited access to skills programs.

Key Points: 
  • This is part of OneTen's 10-year pledge to support Black talent from underserved areas with limited access to skills programs.
  • The 3,500 fully funded scholarships focus on training Black talent on four core tech competencies, Digital Marketing, Business Analytics, Front End Developer and Predictive Analytics.
  • We can take immediate and concrete action to increase the representation of the Black community in the tech sector through this partnership with OneTen and the BIT Foundation."
  • OneTen recognizes the unique potential in everyone every individual, every business, every community to change the arc of America's story with Black talent.