Libor

TCC introduces CaaS Wallet™ trade funding solution

Retrieved on: 
Friday, April 22, 2022
CFOS, CEO, Wallet, CAAS, VP, Capital, Libor, Flex, CFO, TCC, Growth, GameChanger, CONFIG.SYS, Treasurer, Original equipment manufacturer, Silicon, Multimedia, Cryptocurrency, Bank

MENLO PARK, Calif., April 22, 2022 /PRNewswire/ -- Silicon Valley-based fintech company TCC on Thursday unveiled its flagship trade funding solution - the CaaS Wallet™ - at an exclusive launch event, to much anticipation and excitement by the dozens of manufacturing and procurement executives, treasurers, and bankers in attendance.

Key Points: 
  • MENLO PARK, Calif., April 22, 2022 /PRNewswire/ -- Silicon Valley-based fintech company TCC on Thursday unveiled its flagship trade funding solution - the CaaS Wallet - at an exclusive launch event,to much anticipation and excitement by the dozens of manufacturing and procurement executives, treasurers, and bankers in attendance.
  • Supply chain and finance industry veterans and TCC co-founders, Sanjay Bonde and Michael Doran, underscored cash flow advantages, capital efficiency, and supply chain resilience as key benefits of the CaaS Wallet series of financial products .
  • We believe the Caas Wallet will be a gamechanger for OEMs and contract manufacturers, especially in these fraught times," said Sanjay Bonde, TCC's CEO and Chairman.
  • TCC addresses the final frontier in trade finance: outsourced off-balance sheet inventory funding.

TCC launches World's first CaaS Wallet

Retrieved on: 
Tuesday, April 5, 2022
Libor, Growth, Multimedia, Virtual CFO, CONFIG.SYS, CFO, Capital, CEO, Science and technology in Asia, Wallet, Contract, General counsel, CFOS, TCC, Supply chain, Treasury, Silicon, CAAS, Cryptocurrency

MENLO PARK, Calif., April 5, 2022 /PRNewswire/ -- Silicon Valley-based inventory funding firm Trade Capital Corporation (TCC) on Tuesday announced the upcoming launch of its patent-pending suite of capital funding solutions designed for OEMS, Suppliers and Contract Manufacturers to hold inventories off-balance sheet and accelerate operating cash-flows.

Key Points: 
  • Each of the CaaS Wallet's distinct components promise to enhance cash-flow from operations, drive C-suite visibility into the supply chain and strengthen business resiliency and agility.
  • At the same time, the CaaS Wallet supports fiscal governance and accountability across business units without hampering physical flows in the supply chain operations.
  • "The CaaS Wallet offers standardized products, pricing and procedures, so it is truly plug and play.
  • The CaaS Wallet and its components will be officially unveiled at an invitation-only event onApr 21, 2022in Menlo Park, TCC's headquarters in California.

KBRA Analytics Releases The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show

Retrieved on: 
Tuesday, March 22, 2022
Banking, Professional Services, Finance, Senate, Cryptocurrency, Central bank, SOFR, Bank for International Settlements, Economics, Fed, Bloomberg, Bank, CB Bank, Income, SWIFT, Libor

KBRA Analytics releases this months edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show.

Key Points: 
  • KBRA Analytics releases this months edition of The Bank Treasury Newsletter, the Bank Treasury Chart Deck, and Bank Talk: The After-Show.
  • For now, they are continuing to invest excess deposits in short-term securities, or they are depositing them at the Fed.
  • The Bank Treasury Chart Deck looks at some of the data from the Central Bank of the Russian Federation to analyze its so-called fortress balance sheet.
  • Others have been nominated, but rejected by the Senate, or have withdrawn their candidacy with no new candidate yet nominated.

StepStone Group Sponsors a USD 102.5 Million Direct Lending Offering on Mexico’s BIVA Stock Exchange

Retrieved on: 
Tuesday, March 8, 2022
Stepstone, HR, Foundation, Partnership, Insurance, USD, Nasdaq, Industry, Solution, Libor, AAA, GLOBE, Financial services, Security (finance)

NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, announced that on February 18, 2022, it completed the structuring of a USD 102.5 million public offering of a securitized portfolio of direct loans via Certificados Burstiles Fiduciarios on Mexicos BIVA stock exchange.

Key Points: 
  • NEW YORK, March 08, 2022 (GLOBE NEWSWIRE) -- StepStone Group Inc. (Nasdaq: STEP), a global private markets investment firm, announced that on February 18, 2022, it completed the structuring of a USD 102.5 million public offering of a securitized portfolio of direct loans via Certificados Burstiles Fiduciarios on Mexicos BIVA stock exchange.
  • The equivalent of 3.1 million Mexican pesos was raised in the first offering on February 18.
  • Subsequent offerings will be conducted in the following 12 to 18 months until the total USD 102.5 million issue is completed.
  • As of December 31, 2021, StepStone oversaw approximately $548 billion of private markets allocations, including $127 billion of assets under management.

Advantage Solutions Reports Solid Fourth Quarter and Full Fiscal Year 2021 Financial Results and Provides Initial 2022 Outlook

Retrieved on: 
Tuesday, March 1, 2022
Terminology, 100,000, Investment, ID, Industry, Forward-looking statement, Income, Security (finance), Annual report, Cyprus Securities and Exchange Commission, Depreciation, Solution, Growth, Letter, Digital, SEC, Company, COVID-19, Acquisition, Advantage, Marketing, EBITDA, Environment, Three Months Gone, GAAP, ADV, Nature, ROI, XV, Share repurchase, Classification, Health, Disclosure, Pressure, Investor relations, Exercise, Libor, Face, GLOBE, NASDAQ, Video game, Renewable energy, Bookkeeping, Pharmaceutical industry, Life insurance, Music, Bank, Risk management, Omicron, Adjustment

Revenues were $1,032.6 million for the fourth quarter of 2021, representing an increase of $182.2 million, or 21.4%, from fourth quarter 2020 revenues of $850.4 million.

Key Points: 
  • Revenues were $1,032.6 million for the fourth quarter of 2021, representing an increase of $182.2 million, or 21.4%, from fourth quarter 2020 revenues of $850.4 million.
  • Operating income was $84.4 million for the fourth quarter of 2021, representing an increase of $137.4 million from the fourth quarter 2020 operating loss of $53.0 million.
  • Net income was $28.0 million for the fourth quarter of 2021, representing an increase of $180.3 million from the fourth quarter 2020 net loss of $152.2 million.
  • ET on March 1, 2022 to discuss its fourth quarter and fiscal year 2021 financial performance and business outlook.

Advantage Solutions Reports Healthy Third Quarter 2021 Financial Results and Affirms 2021 Outlook

Retrieved on: 
Tuesday, November 9, 2021
Libor, Safety, Share repurchase, Industry, Three Months Gone, Pressure, Health, Investor relations, Security (finance), NASDAQ, Terminology, Classification, ADV, COVID, Growth, Income, Digital, Investment, COVID-19, Weakness, Exercise, Depreciation, Forward-looking statement, Program, ID, Annual report, EBITDA, Partnership, Board, 100,000, Acquisition, Company, U.S. Securities and Exchange Commission, GLOBE, Disclosure, Holiday, Solution, Board of directors, SEC, GAAP, Nature, ROI, XV, Vaccination, Marketing, Online shopping, Insurance, Pharmaceutical industry, Bank, Risk management

We are pleased with how our team navigated the third quarter, said Tanya Domier, Chief Executive Officer of Advantage.

Key Points: 
  • We are pleased with how our team navigated the third quarter, said Tanya Domier, Chief Executive Officer of Advantage.
  • Revenues were $928.8 million for the third quarter of 2021, representing an increase of $144.4 million, or 18.4%, from the third quarter of 2020 revenues of $784.3 million.
  • Event counts in the third quarter of 2021 were up 13% sequentially from the second quarter of 2021.
  • ET on November 9, 2021 to discuss its third quarter financial performance and business outlook.

Clean Harbors Completes Acquisition of HydroChemPSC

Retrieved on: 
Friday, October 8, 2021
Energy, Environment, Oil, Gas, Private Securities Litigation Reform Act, Company, Adjustment, Form, Forward-looking statement, HPC, Automation, Safety-Kleen, Hazardous waste, Government, LLC, Safety, CLH, Transport, Libor, U.S. Securities and Exchange Commission, Maintenance, Security (finance), Littlejohn, Recycling, NYSE, Acquisition, Littlejohn & Co., Fortune 500, Bank

Clean Harbors, Inc. (Clean Harbors) (NYSE: CLH) today announced the completion of its acquisition of HydroChemPSC (HPC), a leading U.S. provider of industrial cleaning, specialty maintenance and utilities services.

Key Points: 
  • Clean Harbors, Inc. (Clean Harbors) (NYSE: CLH) today announced the completion of its acquisition of HydroChemPSC (HPC), a leading U.S. provider of industrial cleaning, specialty maintenance and utilities services.
  • The acquisition was financed through a combination of existing cash and proceeds from Clean Harbors new 2021 Incremental Term Loan financing that was completed in conjunction with the transaction.
  • The addition of HPCs experienced team, considerable assets and customer base create significant strategic benefits to Clean Harbors beyond just expanding the size and scale of our operations, said Alan S. McKim, Chairman, President and Chief Executive Officer of Clean Harbors.
  • Such statements are based upon the beliefs and expectations of Clean Harbors management as of this date only and are subject to certain risks and uncertainties that could cause actual results to differ materially, including, without limitation, the risks and uncertainties surrounding the Clean Harbors and HydroChemPSC transaction, and those items identified as Risk Factors in Clean Harbors most recently filed Form 10-K and Form 10-Q.

GFL Environmental Provides Update on Recent Financing Initiatives

Retrieved on: 
Tuesday, September 28, 2021
Soil, Partnership, Form 20-F, HPS, Annual report, New, Private placement, Risk, TSX, Toronto Stock Exchange, U.S. Securities and Exchange Commission, Multimedia, Libor, Securities and Exchange Commission (Nigeria), Note, Subscription business model, Private, Board, Phrase, Industry, Hierarchy, Acquisition, Company, Terminology, LLC, Growth, Preferred stock, View, Manual, Forward-looking statement, Investment, NYSE, Time, GFL, Security (finance), Risk management

VAUGHAN, ON, Sept. 28, 2021 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL)(TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today provided an update on recent financing initiatives.

Key Points: 
  • VAUGHAN, ON, Sept. 28, 2021 /PRNewswire/ - GFL Environmental Inc. (NYSE: GFL)(TSX: GFL) ("GFL" or the "Company"), a leading North American diversified environmental services company, today provided an update on recent financing initiatives.
  • These financing initiatives will allow the Company to maintain its current credit rating profile and leverage within previously stated ranges.
  • GFL previously issued US$500 million in aggregate principal amount of its 4.000% senior notes due 2028 (the "Existing Notes").
  • GFL undertakes no obligation to publicly update any forward-looking statement, except as required by applicable securities laws.

Regency Centers Reports Second Quarter 2021 Results

Retrieved on: 
Thursday, August 5, 2021
Company, Theft, Parent company guarantee, Real estate investment trust, Investment, Forward-looking statement, Industry, Ownership, Investor relations, Acquisition, Lists of disasters, Regency Centers, Tenant, Risk, Private Securities Litigation Reform Act, Mission statement, Insurance, Suite, Depreciation, Information, Language, COVID-19, Americans with Disabilities Act of 1990, Tax, Parent, Compliance, SEC, Disability discrimination act, Bankruptcy, Restaurant, Climate change, Face, Pandemic, Income, Libor, Safety, Weather, Nasdaq, Holding company, Renting, Real estate, Pharmaceutical industry, Commercial property, Risk management

The Company has published forward-looking statements and additional financial information in its second quarter 2021 supplemental information package that may help investors estimate earnings for 2021.

Key Points: 
  • The Company has published forward-looking statements and additional financial information in its second quarter 2021 supplemental information package that may help investors estimate earnings for 2021.
  • A copy of the Companys second quarter 2021 supplemental information will be available on the Company's website at investors.regencycenters.com or by written request to: Investor Relations, Regency Centers Corporation, One Independent Drive, Suite 114, Jacksonville, Florida, 32202.
  • About Regency Centers Corporation (NASDAQ: REG)
    Regency Centers is the preeminent national owner, operator, and developer of shopping centers located in affluent, infill suburban trade areas.
  • Operating as a fully integrated real estate company, Regency Centers is a qualified real estate investment trust (REIT) that is self-administered, self-managed, and an S&P 500 Index member.

Independent Bank Corp. and Meridian Bancorp, Inc. Receive Shareholder Approval for Merger

Retrieved on: 
Thursday, August 5, 2021
Finance, Consulting, Banking, Professional Services, Other Professional Services, Employee resource group, Bank, Nature, Rockland Trust, Equal housing lender, U.S. Securities and Exchange Commission, Forward-looking statement, East Boston Savings Bank, Federal Deposit Insurance Corporation, Community, Shotter v Westpac Banking Corp, Risk, Inclusion, Annual report, Federal Reserve Board of Governors, Security (finance), Private Securities Litigation Reform Act, Diversity, Securities Act of 1933, Time, Nasdaq, Greater Boston, The Boston Globe, COVID-19, Securities Exchange Act of 1934, Community Reinvestment Act, Trust, Communication, Culture, SEC, Certification, Failure, Libor, Goal, Education, Independent Bank Corp., Meridian Bancorp, Inc., INDEPENDENT BANK CORP., MERIDIAN BANCORP, INC.

Independent Bank Corp. (NASDAQ Global Select Market: INDB) (Independent), parent of Rockland Trust Company, and Meridian Bancorp, Inc. (NASDAQ Global Select Market: EBSB) (Meridian), parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders today, they each received the necessary shareholder approvals for the consummation of the merger pursuant to which Independent will acquire Meridian.

Key Points: 
  • Independent Bank Corp. (NASDAQ Global Select Market: INDB) (Independent), parent of Rockland Trust Company, and Meridian Bancorp, Inc. (NASDAQ Global Select Market: EBSB) (Meridian), parent of East Boston Savings Bank, jointly announced that, at their respective special meetings of shareholders today, they each received the necessary shareholder approvals for the consummation of the merger pursuant to which Independent will acquire Meridian.
  • Completion of the transaction remains subject to regulatory approval and the satisfaction of the other customary closing conditions set forth in the merger agreement.
  • Independent and Meridian currently anticipate completing the transaction in the fourth quarter of 2021.
  • Independent Bank Corp. (NASDAQ Global Select Market: INDB) is the holding company for Rockland Trust Company, a full-service commercial bank headquartered in Massachusetts.