PNC Financial Services

Triton International Announces Completion of Strategic Transition of Debt Capital Structure

Thursday, October 14, 2021 - 2:09pm

October 14, 2021 Triton International Limited (NYSE: TRTN) (Triton or the Company) today announced the following actions implementing the planned transition of Tritons debt capital structure to primarily unsecured debt:

Key Points: 
  • October 14, 2021 Triton International Limited (NYSE: TRTN) (Triton or the Company) today announced the following actions implementing the planned transition of Tritons debt capital structure to primarily unsecured debt:
    Tritons subsidiary, Triton Container International Limited (TCIL), has amended and restated its existing revolving credit facility and $1.2 billion term loan facility so that both facilities will now be unsecured.
  • The applicable series of Notes are:
    We are very pleased to have quickly and efficiently concluded this capital structure transition, commented John Burns, Chief Financial Officer.
  • We believe these enhancements to our capital structure were enabled by our market leading position, history of strong financial performance and solid balance sheet.
  • Triton International Limited is the worlds largest lessor of intermodal freight containers.

Amped Kitchens Addresses Chicago's Growing Need for Food Production Space

Thursday, October 14, 2021 - 1:48pm

Amped Kitchens began the $25 million renovation of the long-vacant Zenith factory at 5801 West Dickens Avenue in late 2019. This facility offers 64 private kitchens (from 150 square-feet to almost 2,000 square-feet). Each lease includes key amenities needed by growing food businesses: refrigerated, frozen, and dry storage -- as well as office space, meeting rooms, attended shipping docks, packing rooms, and an on-site USDA office. In addition, Amped Kitchen tenants have access to expedited government approvals and easier certification pathways, including organic and kosher. Amped's "plug-and-play" kitchen model offers tenants huge time and capital savings versus building their own space.

Key Points: 
  • Today, with partner Chicagoland Food & Beverage Network, Amped Kitchens will celebrate its diverse base of food makers and introduce the space to the Chicago food-making community.
  • Amped Kitchens began the $25 million renovation of the long-vacant Zenith factory at 5801 West Dickens Avenue in late 2019.
  • Amped Kitchens currently leases to established and fast growing food businesses including CPG companies, restaurants needing commissary/central kitchen space, meal subscription companies, and anyone looking for R&D or pilot production space.
  • This Chicago location is Amped Kitchens' third U.S. facility and its first outside of Los Angeles.

Team RBC welcomes 55 elite Canadian athletes to RBC Olympians program ahead of Beijing 2022

Thursday, October 14, 2021 - 1:05pm

New RBC Olympians roster includes Tokyo 2020 medallists, RBC Training Ground alumni and strong contingent of Beijing 2022 hopefuls

Key Points: 
  • New RBC Olympians roster includes Tokyo 2020 medallists, RBC Training Ground alumni and strong contingent of Beijing 2022 hopefuls
    TORONTO, Oct. 14, 2021 /CNW/ - Today, 55 elite Canadian athletes were announced as part of the 2021-2023 RBC Olympians roster.
  • The RBC Olympians program is a national initiative that provides support to Canadian athletes, helping them succeed in international competition, and as they transition into life after sport.
  • The 2021-2023 RBC Olympians roster includes nine RBC Olympians who were discovered through RBC Training Ground, a national talent identification and athlete funding program designed to uncover and support Next Generation athletes with Olympic potential.
  • "We are incredibly proud to welcome a new roster of RBC Olympians to Team RBC ahead of Beijing 2022," said Matt McGlynn, Vice-President, Brand Marketing, RBC.

Dividend Finance Welcomes Three New Hires to Support Rapid Industry Growth of Commercial PACE Financing

Wednesday, October 13, 2021 - 5:30pm

Wlodarczyk previously was a Senior Director with Ten-X, an online platform for buying and selling commercial real estate.

Key Points: 
  • Wlodarczyk previously was a Senior Director with Ten-X, an online platform for buying and selling commercial real estate.
  • Senft brings 20-plus years of diverse hospitality experience to Dividend to finance hotel measures to reduce their energy spend and carbon footprints.
  • Well continue to aggressively invest in our PACE business to ensure that Dividend fully serves the clean energy and energy efficiency financing needs of commercial real estate owners.
  • For more information about Dividend and its various financing solutions for commercial property projects encompassing renewables, energy efficiency or resiliency, contact pace@dividendfinance.com .

Aite-Novarica Group Announces Winners of the 2021 Impact Innovation Awards in Cash Management and Payments

Wednesday, October 13, 2021 - 1:00pm

Boston, MA, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Aite-Novarica Group is pleased to announce the winners of the 2021 Impact Innovation Awards in cash management and payments.

Key Points: 
  • Boston, MA, Oct. 13, 2021 (GLOBE NEWSWIRE) -- Aite-Novarica Group is pleased to announce the winners of the 2021 Impact Innovation Awards in cash management and payments.
  • The awards will be presented to the honorees during a virtual awards ceremony at Aite-Novarica Group's fourth annual Innovation in Cash Management & Payments Forum taking place on October 19 and 20, 2021.
  • The winners were selected by a global panel of both internal and independent experts on cash management and payments.
  • About Aite-Novarica Groups Innovation in Cash Management & Payments Forum:
    Aite-Novarica Group strategic advisors and invited industry panelists will be sharing the latest insights and analysis on cash management and payments trends at the Aite-Novarica Group Innovation in Cash Management & Payments Forum taking place virtually on October 19 and 20, 2021.

PNC Achieves National Expansion With Conversion Of BBVA USA

Tuesday, October 12, 2021 - 2:22pm

PITTSBURGH, Oct. 12, 2021 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.

Key Points: 
  • PITTSBURGH, Oct. 12, 2021 /PRNewswire/ --The PNC Financial Services Group, Inc. (NYSE: PNC) today announced it has completed the conversion of 2.6 million customers, 9,000 employees and nearly 600 branches across seven states from BBVA USA to PNC Bank.
  • Experience the interactive Multichannel News Release here: https://www.multivu.com/players/English/8967151-pnc-achieves-national-ex...
    The simultaneous conversion of BBVA USA customers and employees to PNC's network and platforms was completed, and BBVA USA branches in Texas, Alabama, Arizona, California, Florida, Colorado and New Mexico reopened October 12, as PNC Bank locations.
  • "To have achieved this milestone in less than a year is noteworthy and is thanks to the tireless collaboration between PNC and BBVA USA teams.
  • This press release contains forward-looking statements regarding our outlook or expectations with respect to the combination of BBVA USA into PNC Bank and the impact of the transaction on PNC's future performance.

EBA CLEARING, SWIFT and The Clearing House join forces to speed up and enhance cross-border payments

Monday, October 11, 2021 - 9:00am

The concept could be expanded to additional currencies and is also replicable for more liquidity-efficient high-value payments.

Key Points: 
  • The concept could be expanded to additional currencies and is also replicable for more liquidity-efficient high-value payments.
  • We welcome the continued collaboration between commercial banks, SWIFT, EBA CLEARING and TCH on this initiative."
  • Our participation on both The Clearing House and EBA CLEARING payments systems means we're uniquely positioned to ensure a consistent faster payment experience end-to-end and across regions."
  • EBA CLEARING, SWIFT and TCH are planning to engage in next steps towards developing IXB.

Worldwide Blockchain Technology in Healthcare Industry to 2026 - Rising Government Initiatives for Promoting Digital Health Presents Opportunities

Friday, October 8, 2021 - 3:00pm

The Global Blockchain Technology in Healthcare Market is estimated to be USD 12.45 Bn in 2021 and is expected to reach USD 55.83 Bn by 2026, growing at a CAGR of 35%.

Key Points: 
  • The Global Blockchain Technology in Healthcare Market is estimated to be USD 12.45 Bn in 2021 and is expected to reach USD 55.83 Bn by 2026, growing at a CAGR of 35%.
  • The rising government initiative, emerging investment, and partnership across the industry for integrating blockchain in the healthcare sector are anticipated to create lucrative opportunities.
  • Cleveland Clinic, IBM, Aetna, and Anthem have partnered to form a blockchain health firm, called Avaneer Health.
  • The report offers a comprehensive evaluation of the Global Blockchain Technology in Healthcare Market.

Global Blockchain Technology in Healthcare Market (2021 to 2026) - Featuring Accenture, Capgemini and DeepMind Health Among Others - ResearchAndMarkets.com

Friday, October 8, 2021 - 2:59pm

The Global Blockchain Technology in Healthcare Market is estimated to be USD 12.45 Bn in 2021 and is expected to reach USD 55.83 Bn by 2026, growing at a CAGR of 35%.

Key Points: 
  • The Global Blockchain Technology in Healthcare Market is estimated to be USD 12.45 Bn in 2021 and is expected to reach USD 55.83 Bn by 2026, growing at a CAGR of 35%.
  • The factors hindering the market are technical challenges pertaining to scalability and lack of awareness in emerging countries.
  • Cleveland Clinic, IBM, Aetna, and Anthem have partnered to form a blockchain health firm, called Avaneer Health.
  • The report offers a comprehensive evaluation of the Global Blockchain Technology in Healthcare Market.

Academy of Hope Celebrates 35 Years

Thursday, October 7, 2021 - 2:36am

The education and employment gaps in Washington, DC are staggeringchasms made only more significant by the COVID-19 pandemic.

Key Points: 
  • The education and employment gaps in Washington, DC are staggeringchasms made only more significant by the COVID-19 pandemic.
  • For more than three decades, AoH has been transforming lives and communities in DC by creating pathways to success for adult learners seeking to earn their high school diplomas and upskill to better paying, in-demand careers.
  • Would you be interested in either attending as our guest or virtually tuning into this event?
  • Cocktail reception begins at 6:00 PM, dinner and program begin at 7:00 PM
    This event will be in-person and livestreamed.