J. P. Morgan

HASI Extends and Upsizes Bank Facilities to $1.625 Billion, Further Strengthening Diversified Funding Platform

Retrieved on: 
Wednesday, April 17, 2024
Utilities, Environment, Finance, Alternative Energy, Energy, Banking, Climate Change, Professional Services, CP, Climate change, Investment, Policy, Water, Carbon, J. P. Morgan, Line of credit, BofA Securities, Global warming potential, The Company, HASI

The applicable margins remain unchanged for all three bank facilities at 187.5 bps for the revolving line of credit, 212.5 bps for term loan A, and 140 bps for the green CP program.

Key Points: 
  • The applicable margins remain unchanged for all three bank facilities at 187.5 bps for the revolving line of credit, 212.5 bps for term loan A, and 140 bps for the green CP program.
  • Each facility provides for interest rate reductions if HASI achieves certain levels of its CarbonCount metric on an annual basis.
  • The CarbonCount Green CP Program was the first fully green commercial paper program in the United States when launched in 2021.
  • “The upsize and term extension of our credit facilities simultaneously addresses a majority of our 2025 maturities and enhances the flexibility of our diversified funding platform,” said Marc Pangburn, Chief Financial Officer, HASI.

PACS Group, Inc. Announces Closing of Its Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares from the Selling Stockholders

Retrieved on: 
Tuesday, April 16, 2024
Nursing, Health, Hospitals, Residential Building & Real Estate, Other Health, Commercial Building & Real Estate, Construction & Property, Goldman Sachs, Sale, Prospectus, Investment, Kitchen Party (girl group), Capital market, Greenwich Street, RBC Capital Markets, RBC, Madison Avenue, Floor, Oppenheimer Holdings, Entrepreneurship, J. P. Morgan, Family, PACS, Equity capital markets, Multimedia, Citigroup, Attention, KeyBank, Security (finance)

In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.

Key Points: 
  • In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.
  • PACS did not receive any proceeds from any sale of shares by the selling stockholders.
  • The Company’s common stock is listed on the New York Stock Exchange under the ticker symbol “PACS.”
    This press release features multimedia.
  • (Photo: NYSE Group, Inc.)
    Citigroup, J.P. Morgan and Truist Securities acted as lead book-running managers for the offering.

JPMorgan Chase 2024 Annual Meeting of Shareholders

Retrieved on: 
Monday, April 15, 2024
Banking, Asset Management, Professional Services, Finance, Chase, JPMorgan Chase, J. P. Morgan, Government, JPM, Online shopping

As previously announced, the JPMorgan Chase & Co. annual meeting of shareholders will be held on Tuesday, May 21, 2024 at 10:00 a.m. (Eastern).

Key Points: 
  • As previously announced, the JPMorgan Chase & Co. annual meeting of shareholders will be held on Tuesday, May 21, 2024 at 10:00 a.m. (Eastern).
  • Shareholders may submit questions either before the meeting, from May 6, 2024 through May 17, 2024, or during a portion of the meeting.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024.

JPMorgan Chase Declares Preferred Stock Dividends

Retrieved on: 
Monday, April 15, 2024
Banking, Professional Services, Finance, LL, JPMorgan Chase, KK, Chase, NN, J. P. Morgan, JJ, GG, Government, JPM

JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock.

Key Points: 
  • JPMorgan Chase & Co. (NYSE: JPM) (“JPMorgan Chase” or the “Firm”) has declared dividends on the outstanding shares of the Firm’s Series DD, EE, GG, JJ, KK, LL, MM and NN preferred stock.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024.
  • Information about JPMorgan Chase & Co. is available at www.jpmorganchase.com .

UBS Private Wealth Management hires Regina Bronson and Alex Gitomer in New York City

Retrieved on: 
Friday, April 12, 2024
Banking, Professional Services, Finance, Goldman Sachs, Harvard Law School, Organization, Mergers & Acquisitions, Wealth, Investment strategy, Research, Operations research, Marketing, Vanderbilt University, Business development, UBS, Business, Trustee, J. P. Morgan, Cornell University, JD, Bank, Trust, Mergers and acquisitions, Tulane University, Wealth management, Industrial, Wesleyan University, Security (finance)

UBS Private Wealth Management today announced that Regina Bronson and Alex Gitomer will be joining the firm as Managing Directors and Private Wealth Advisors in New York City.

Key Points: 
  • UBS Private Wealth Management today announced that Regina Bronson and Alex Gitomer will be joining the firm as Managing Directors and Private Wealth Advisors in New York City.
  • “Regina and Alex are talented advisors that have decades of combined experience advising ultra-high-net-worth clients on the complexities of maintaining and growing wealth through generations,” said Tom Conigatti, Market Director at UBS Private Wealth Management.
  • Alex Gitomer provides customized investment advice and comprehensive wealth management solutions to ultra-high-net-worth families, not-for-profit organizations and certain institutional clients.
  • Previously, Hilary spent nine years with Goldman Sachs and was most recently a Vice President in Private Wealth Management.

UL Solutions Announces Pricing of Upsized Initial Public Offering

Retrieved on: 
Friday, April 12, 2024
Science, Software, Other Science, Consulting, Professional Services, Technology, Supply Chain Management, Retail, Bank of America, Sale, Prospectus, UL, J.P. Morgan & Co., UBS, Broadridge Financial Solutions, Engagement, Jefferies, J. P. Morgan, Form, Bookrunner, BofA Securities, Citigroup, Wells Fargo, Attention, Telephone, Security (finance)

UL Solutions Inc. (“UL Solutions”) today announced the pricing of its upsized initial public offering of 33,800,000 shares of its Class A common stock at a public offering price of $28.00 per share.

Key Points: 
  • UL Solutions Inc. (“UL Solutions”) today announced the pricing of its upsized initial public offering of 33,800,000 shares of its Class A common stock at a public offering price of $28.00 per share.
  • The offering consists entirely of secondary shares to be sold by UL Standards & Engagement, a nonprofit organization that is currently the sole stockholder of UL Solutions.
  • The underwriters will have a 30-day option to purchase up to an additional 5,070,000 shares of Class A common stock from UL Standards & Engagement.
  • UL Solutions is not offering any shares of its Class A common stock in the proposed offering and will not receive any proceeds from the proposed sale of the shares.

Scribd, Inc. Announces Appointment of Tony Grimminck as CEO, Leading Everand, Scribd, and SlideShare

Retrieved on: 
Thursday, April 11, 2024
Software, Online, Entertainment, Internet, Podcast, Books, Apps, Applications, Technology, General Entertainment, Other Entertainment, Wearables, Mobile Technology, Other Technology, Corporation, Goldman Sachs, SlideShare, CFO, Investment banking, News, Research, HotelTonight, J. P. Morgan, Optimism, Ebook, StubHub, Growth, Publishing

Scribd, Inc., the multinational technology company delivering knowledge, information, and inspiration to billions of people across the globe, today announced the appointment of Tony Grimminck to CEO.

Key Points: 
  • Scribd, Inc., the multinational technology company delivering knowledge, information, and inspiration to billions of people across the globe, today announced the appointment of Tony Grimminck to CEO.
  • In his previous role as Scribd, Inc. CFO, Grimminck was dedicated to investing in growth initiatives, helping steer the company towards exciting new milestones, and increasing profitability.
  • He has brought the same passion for helping companies grow to scale to Scribd, with a commitment to finding operational efficiencies that improve stakeholder value.
  • To learn more about Scribd Inc. product news, visit Everand.com , Scribd.com and SlideShare.net .

JPMorgan Chase Reports First-Quarter 2024 Financial Results

Retrieved on: 
Friday, April 12, 2024
Banking, Professional Services, Finance, Chase, J. P. Morgan, JPMorgan Chase, Government, JPM

JPMorgan Chase & Co. has released its first-quarter 2024 financial results.

Key Points: 
  • JPMorgan Chase & Co. has released its first-quarter 2024 financial results.
  • JPMorgan Chase & Co. (NYSE: JPM) is a leading financial services firm based in the United States of America (“U.S.”), with operations worldwide.
  • JPMorgan Chase had $4.1 trillion in assets and $337 billion in stockholders’ equity as of March 31, 2024.
  • The Firm is a leader in investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing and asset management.

Walker & Dunlop Arranges $120 Million Refinancing for Class A Mixed-Use Multifamily Project in Nashville’s Gulch Neighborhood

Retrieved on: 
Wednesday, April 10, 2024
Residential Building & Real Estate, Banking, Commercial Building & Real Estate, Urban Planning, Construction & Property, REIT, Professional Services, Public Relations, Investor Relations, Communications, Other Construction & Property, Finance, J. P. Morgan, Multimedia, Heart, Walker & Dunlop

Walker & Dunlop, Inc. announced that it recently arranged $120,000,000 in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community located in the heart of the vibrant Gulch neighborhood.

Key Points: 
  • Walker & Dunlop, Inc. announced that it recently arranged $120,000,000 in financing for 1111 Church, Nashville’s newest Class A mixed-use multifamily community located in the heart of the vibrant Gulch neighborhood.
  • The team identified J.P. Morgan and Naftali Credit Partners as the ideal lenders to secure the five-year, interest-only refinance.
  • The Walker & Dunlop team also arranged construction financing for the property in 2021.
  • In 2023, Walker & Dunlop’s Capital Markets group sourced capital for transactions totaling nearly $12 billion from non-Agency capital providers.

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

Retrieved on: 
Thursday, April 11, 2024
Commercial Building & Real Estate, Construction & Property, Hospitals, Practice Management, Other Health, Managed Care, Health, General Health, Residential Building & Real Estate, Goldman Sachs, Sale, Prospectus, Kitchen Party (girl group), Capital market, Greenwich Street, RBC Capital Markets, RBC, Truist, Madison Avenue, Oppenheimer Holdings, J. P. Morgan, PACS, Equity capital markets, Citigroup, Attention, KeyBank, Security (finance)

PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses.

Key Points: 
  • PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses.
  • In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,214,284 shares of the Company’s common stock at the initial public offering price, less underwriting discounts and commissions.
  • PACS will not receive any proceeds from any sale of shares by the selling stockholders.
  • Citigroup, J.P. Morgan and Truist Securities are acting as lead book-running managers for the offering.