Notional amount

DGAP-News: CPI PROPERTY GROUP - New Hybrid Issue and Tender Offer Results

Wednesday, September 16, 2020 - 8:01pm

CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.

Key Points: 
  • CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in the Czech Republic, Berlin, Warsaw and the CEE region, is pleased to report ongoing successful steps to strengthen CPIPG's capital structure.
  • On 17 September 2020, CPIPG will issue 25 million of additional New Hybrids, bringing the total notional amount to 525 million.
  • Today, the Group announced that 328 million of the 2023 Hybrids and 12 million of 2022 Notes were accepted in the tender offer.
  • For more on CPI PROPERTY GROUP, visit our website: www.cpipg.com
    For further information please contact:

HF Foods Secures Lower Fixed Interest Rate on $80 Million of Floating Rate Debt

Monday, June 29, 2020 - 1:00pm

On June 24, 2020, HF Foods Group entered into an interest rate swap (IRS) contract for the notional amount of $80 million with its current lender, J.P. Morgan Chase.

Key Points: 
  • On June 24, 2020, HF Foods Group entered into an interest rate swap (IRS) contract for the notional amount of $80 million with its current lender, J.P. Morgan Chase.
  • Under the terms of the agreement, $80 million of the Companys floating rate loan portfolio will now be fixed at an interest rate of 0.413% plus the agreed spread from June 30, 2021 to June 30, 2025.
  • The Companys existing term loan of approximately $74.3 million was pegged to a floating rate of 1-month LIBOR (London Interbank Offering Rate) + 1.875% per annum, whereas the revolving line of credit was pegged to 1-month LIBOR + 1.375% per annum.
  • With 14 distribution centers along the U.S. eastern and western seaboards, HF Foods aims to supply the increasing demand for Asian American restaurant cuisine.

Fairfax Announces Entering Into Swap Contracts in Respect of Common Shares of Ensign

Monday, June 15, 2020 - 12:55pm

TORONTO, June 15, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (Fairfax) (TSX: FFH and FFH.U) announces that it has entered into, directly and through its subsidiaries, cash-settled total return swap contracts (the Swap Contracts) with a counterparty in respect of 4,557,600 notional common shares (Common Shares) of Ensign Energy Services Inc. (Ensign).

Key Points: 
  • TORONTO, June 15, 2020 (GLOBE NEWSWIRE) -- Fairfax Financial Holdings Limited (Fairfax) (TSX: FFH and FFH.U) announces that it has entered into, directly and through its subsidiaries, cash-settled total return swap contracts (the Swap Contracts) with a counterparty in respect of 4,557,600 notional common shares (Common Shares) of Ensign Energy Services Inc. (Ensign).
  • The Swap Contracts are in respect of a notional amount of Common Shares representing 2.79% of the issued and outstanding Common Shares and were entered into from June 9 to June 12, 2020 at an average reference price of C$1.3194 per notional Common Share.
  • The Swap Contracts provide Fairfax with economic results that are comparable to the economic ownership of the notional amount of Common Shares.
  • In addition to the Swap Contracts, Fairfax owns and controls (directly or indirectly) 15,486,600 Common Shares and C$11.05 million aggregate principal amount of convertible debentures convertible into 1,578,571 Common Shares.

GAIN Capital Announces Monthly Metrics for April 2020

Friday, May 8, 2020 - 1:30pm

1US dollar equivalent of notional amounts traded.

Key Points: 
  • 1US dollar equivalent of notional amounts traded.
  • This operating data is preliminary and subject to revision and should not be taken as an indication of GAIN's financial performance.
  • GAIN undertakes no obligation to publicly update or review previously reported operating data.
  • GAIN Capitalis headquartered inBedminster, New Jersey, with a global presence acrossNorth America, Europeand theAsia Pacificregions.

New Analysis Estimates Up to 100 Million Contracts Require Assessment, Remediation as LIBOR Benchmark Rates are Discontinued

Tuesday, April 28, 2020 - 2:00pm

More than an estimated 100 million contracts reference LIBOR, representing more than $400 trillion in notional value, according to the Bank of International Settlements.

Key Points: 
  • More than an estimated 100 million contracts reference LIBOR, representing more than $400 trillion in notional value, according to the Bank of International Settlements.
  • Furthermore, half of those contracts that did feature such language would effectively default to a fixed rate, impacting their commercial viability.
  • Under these circumstances, the need to effectively address the transition from LIBOR is especially urgent for the industry.
  • "The LIBOR transition impacts so many contracts and lines of business that the challenge is insurmountable with legacy models of working.

New Analysis Estimates Up to 100 Million Contracts Require Assessment, Remediation as LIBOR Benchmark Rates are Discontinued

Tuesday, April 28, 2020 - 2:00pm

More than an estimated 100 million contracts reference LIBOR, representing more than $400 trillion in notional value, according to the Bank of International Settlements.

Key Points: 
  • More than an estimated 100 million contracts reference LIBOR, representing more than $400 trillion in notional value, according to the Bank of International Settlements.
  • Furthermore, half of those contracts that did feature such language would effectively default to a fixed rate, impacting their commercial viability.
  • Under these circumstances, the need to effectively address the transition from LIBOR is especially urgent for the industry.
  • "The LIBOR transition impacts so many contracts and lines of business that the challenge is insurmountable with legacy models of working.

ICE ETF Hub Growth Continues in First Quarter With March Notional Volumes Surging, New Functionality Going Live

Monday, April 20, 2020 - 1:30pm

During the first quarter of 2020, over $136 billion in notional value was processed over ICE ETF Hub.

Key Points: 
  • During the first quarter of 2020, over $136 billion in notional value was processed over ICE ETF Hub.
  • A majority of the activity was in Fixed Income, where APs processed $63 billion in notional value, up 208% from February.
  • In the second quarter, ICE plans to launch functionality for the assembly of custom baskets in a more automated way via APIs, ICE Chat and ICE ETF Hubs front-end user interfaces.
  • Trademarks of ICE and/or its affiliates include Intercontinental Exchange, ICE, ICE block design, NYSE and New York Stock Exchange.

Tradeweb Reports Record March Trading Volume

Friday, April 3, 2020 - 12:30pm

For the first quarter of 2020, Tradeweb reported record ADV of $897.8 billion (bn), up 39.0 % YoY, and preliminary average variable fees per million dollars of volume traded of $2.65.

Key Points: 
  • For the first quarter of 2020, Tradeweb reported record ADV of $897.8 billion (bn), up 39.0 % YoY, and preliminary average variable fees per million dollars of volume traded of $2.65.
  • Activity on Tradeweb trading platforms included exceptionally high volumes across asset classes in March, and a new record for daily volume was set on March 3, with more than $1.5trn traded.
  • Clients used both outright trading and compression to move significant risk on the platform and we saw record activity in Multi-Asset Packages.
  • On average, Tradeweb facilitated more than $780 billion in notional value traded per day over the past four fiscal quarters.

Tradeweb Announces Fourth Quarter 2019 Earnings Date

Thursday, January 2, 2020 - 1:30pm

Alternatively, interested parties can access the call by dialing 866-221-1629 (U.S.) or +1 470-495-9175 (international) and entering passcode 3072418.

Key Points: 
  • Alternatively, interested parties can access the call by dialing 866-221-1629 (U.S.) or +1 470-495-9175 (international) and entering passcode 3072418.
  • Tradeweb Markets Inc. (Nasdaq: TW) is a leading, global operator of electronic marketplaces for rates, credit, equities and money markets.
  • Advanced technologies developed by Tradeweb enhance price discovery, order execution and trade workflows while allowing for greater scale and helping to reduce risks in client trading operations.
  • On average, Tradeweb facilitated more than $700 billion in notional value traded per day over the past four fiscal quarters.

GAIN Capital Announces Monthly Metrics for July 2019

Friday, August 9, 2019 - 1:30pm

1 US dollar equivalent of notional amounts traded.

Key Points: 
  • 1 US dollar equivalent of notional amounts traded.
  • This operating data is preliminary and subject to revision and should not be taken as an indication of GAIN's financial performance.
  • GAIN undertakes no obligation to publicly update or review previously reported operating data.
  • GAIN Capitalis headquartered inBedminster, New Jersey, with a global presence acrossNorth America, Europeand theAsia Pacificregions.