Secured loan

Excellence in Digital Commerce - Finding the Best in Class

Retrieved on: 
Wednesday, August 23, 2023
Central Bank of Brazil, Bronze, FIS, Advanced technology, Visa, News, Platform as a service, Carat, Secured loan, Prince Sultan Advanced Technology Research Institute, Service, License, CNBC, Russell, IBA, Yoy, Astoria, SMS, Mobile payment, IP, Length, Silicon, Mastercard, Statista, Software as a service, Partnership, Nu, Directory, Kora (Fintech company), Gerald Celente, Cryptocurrency, Pharmaceutical industry, Online shopping, Mobile phone, Bank, Fiserv, Fintech, Growth, Nubank

Looking at recent news highlights from some of the industry's recognized leaders, innovation and a passion for being best in class are driving growth for the sector.

Key Points: 
  • Looking at recent news highlights from some of the industry's recognized leaders, innovation and a passion for being best in class are driving growth for the sector.
  • Its mission is to streamline, simplify, digitize, and automate back-office financial processes while transforming digital payments through an all-in-one Fintech platform.
  • From the news: Fiserv was recognized in the Digital Payments Category for the depth and breadth of capabilities it provides merchants and financial institutions, including solutions that enable digital commerce, digital money transfers, and mobile payments.
  • For investors watching key trends, the banking industry is going through a digital transformation and evolution and the drive for excellence is in full gear.

Nu Holdings Ltd. Reports Second Quarter 2023 Financial Results

Retrieved on: 
Tuesday, August 15, 2023
Banking, Fintech, Professional Services, Finance, Central Bank of Brazil, Holding, International, Result, Secured loan, Asset quality, Insurance, NU, Financial condition report, NPL, Brazilian real, Ratio, Prospectus, FXN, International Financial Reporting Standards, FX, Annual report, Analysis, Financial result, Webcast, Yoy, International expansion of Netflix, IEP, Security (finance), Average cost method, ROE, Conference, NYSE, SME, Video game, Bank, Drug, Real estate, Audit, Growth, Nubank

Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world’s largest digital financial services platforms, released today its Second Quarter 2023 financial results.

Key Points: 
  • Nu Holdings Ltd. (NYSE: NU), (“Nu” or the “Company”), one of the world’s largest digital financial services platforms, released today its Second Quarter 2023 financial results.
  • Financial results are expressed in U.S. dollars and are presented in accordance with International Financial Reporting Standards (IFRS).
  • Below are the Q2’23 performance highlights of Nu Holdings Ltd.:
    Customer growth: Nu added 4.6 million customers in Q2’23 and 18.4 million year-over-year (YoY), reaching a total of 83.7 million customers globally by June 30th, 2023.
  • In July 2023 , after the closing of Q2’23, Nu surpassed the mark of 85 million customers globally and 80 million in Brazil.

Brandywine Realty Trust Announces First Quarter Results

Retrieved on: 
Wednesday, April 19, 2023
Note, BDN, SOFR, Tenant, Absorption, Securities and Exchange Commission of Pakistan, Secured loan, FFO, Trustee, Depreciation, Growth, NOI, Brandywine Realty Trust, Three Months, NYSE, Bank, Security (finance), Self storage, Clothing, Operation

PHILADELPHIA, April 19, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2023.

Key Points: 
  • PHILADELPHIA, April 19, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three months ended March 31, 2023.
  • “During the first quarter, we made excellent progress on our 2023 business plan highlighted by achieving 71% of our speculative revenue target based on the midpoint of our guidance,” stated Gerard H. Sweeney, President and Chief Executive Officer for Brandywine Realty Trust.
  • Our first quarter 2023 payout ratio ($0.19 common share distribution / $0.29 FFO per diluted share) was 65.5%.
  • We leased approximately 357,000 square feet and commenced occupancy on 175,000 square feet during the first quarter of 2023.

Revolve Provides Update on Commissioning of its BESS Project Located in Cancun, Mexico

Retrieved on: 
Tuesday, April 4, 2023
Maintenance, Energy, Donald Duck filmography, ESA, EPC, Secured loan, Erongo Battery Energy Storage System, Project, Distributed generation, Hand, BESS, Renewable energy, Construction, Cancún, News

This is the first BESS project that the Company signed under its new division, Revolve Renewable Business Solutions.

Key Points: 
  • This is the first BESS project that the Company signed under its new division, Revolve Renewable Business Solutions.
  • The 3.2MWh battery storage system is being installed at the site of a major hotel chain in Cancun, Mexico.
  • Revolve is the 100% the owner of the Project and has responsibility for the financing, installation and operation of the BESS system.
  • Eric Hickert (Head of Distributed Generation) commented, "The Cancun BESS project is now moving into the final stages with full commissioning expected in the coming weeks.

Press Release Regarding Early Warning Report

Retrieved on: 
Friday, March 17, 2023
Successor, Receiver, Related, Secured loan, Republic, National instrument, Debtor, CNT, NEWS, TSX, News, Security (finance), Share (finance), Issuer

HONG KONG, March 17, 2023 (GLOBE NEWSWIRE) -- This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103-The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the filing of an early warning report regarding Leung Lee CHAN (the “Receiver”) and Bless Delight Global Investments Limited (the “Successor Secured Lender”), taking control over 24,691,628 ordinary shares (the “Shares”) of Century Global Commodities Corporation (the “Issuer”) (TSX: CNT).

Key Points: 
  • THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO THE UNITED STATES OR TO U.S. NEWS AGENCIES
    HONG KONG, March 17, 2023 (GLOBE NEWSWIRE) -- This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103-The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, in connection with the filing of an early warning report regarding Leung Lee CHAN (the “Receiver”) and Bless Delight Global Investments Limited (the “Successor Secured Lender”), taking control over 24,691,628 ordinary shares (the “Shares”) of Century Global Commodities Corporation (the “Issuer”) (TSX: CNT).
  • Ben Koon WONG (the “Borrower”), through his wholly-owned company, Purple Star Holdings Limited (“Purple Star”), owns the Shares.
  • On November 30, 2022, the Successor Secured Lender was assigned all the interests of the Original Lender under that loan agreement.
  • All transactions reported in this news release occurred in the Hong Kong Special Administrative Region of the People's Republic of China.

Brandywine Realty Trust Announces Fourth Quarter, Full Year 2022 Results and Initiates 2023 Guidance

Retrieved on: 
Wednesday, February 1, 2023
Note, NOI, Tenant, Secured loan, NYSE, BDN, Term Asset-Backed Securities Loan Facility, Brandywine Realty Trust, Trustee, Sale, Hand, Absorption, FFO, Security (finance), Self storage, Video game, Life insurance, Bank, Reinsurance, Operation

PHILADELPHIA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2022.

Key Points: 
  • PHILADELPHIA, Feb. 01, 2023 (GLOBE NEWSWIRE) -- Brandywine Realty Trust (NYSE:BDN) today reported its financial and operating results for the three and twelve-month periods ended December 31, 2022.
  • “During 2022 we accomplished our 2022 business plan objectives and exceeded our midpoint goals for speculative revenue, same store results and rental rate mark-to-markets,” stated Jerry Sweeney, President and Chief Executive Office of Brandywine Realty Trust.
  • New and Renewal Leases Signed: 226,000 square feet in the fourth quarter and 1,852,000 square feet for 2022.
  • We leased approximately 226,000 square feet and commenced occupancy on 168,000 square feet during the fourth quarter of 2022.

Revolve Provides Update on its 3.2MWh BESS Project in Cancun, Mexico

Retrieved on: 
Wednesday, January 18, 2023
Project, Energy, Distributed generation, Hand, BESS, EPC, Maintenance, Secured loan, News, ESA, Renewable energy, Construction

This is the first BESS project that the Company signed on August 29, 2022, under its new division, Revolve Renewable Business Solutions (see Revolve News Release dated September 15, 2022 ).

Key Points: 
  • This is the first BESS project that the Company signed on August 29, 2022, under its new division, Revolve Renewable Business Solutions (see Revolve News Release dated September 15, 2022 ).
  • The 3.2MWh battery storage system is being installed at the site of a major hotel chain in Cancun, Mexico.
  • Revolve is the 100% the owner of the Project and has responsibility for the financing, installation and operation of the BESS system.
  • Under the ESA, Revolve will receive an annual fixed payment in addition to sharing the energy savings delivered by the Project over the 10-year contract period.

ALLIED COPPER REPORTS ADDITIONAL FINANCIAL AND TECHNICAL INFORMATION FOR VOLT LITHIUM CORP.

Retrieved on: 
Friday, November 25, 2022
Lithium, Petro, Sodium, Elk Point, QP, Extraction, Provincial, Elk Point Group, Mineral, Secured loan, Boron, National instrument, Metal, SEDAR, TSX Venture Exchange, CPR, Bureau Veritas, Royalty, Weather, Rainbow Lake, Town, Mining, Accounting, Agreement, Metallurgy, Zinc, Data, Technical report, Copper, Sterling Chemicals, AB, High Level, Muskeg Formation, NI, Petroleum, Hydrocarbon, News, OTCQB, Water, Elk, Iron, Acquisition, TSX, Disclosure, Laboratory, Database, Gold, Collection, Security (finance), Fertilizer, Volt, Property

Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).

Key Points: 
  • Vancouver, British Columbia, Canada, Nov. 24, 2022 (GLOBE NEWSWIRE) -- Allied Copper Corp. (TSX-V: CPR, OTCQB: CPRRF) (the Company or Allied Copper), is pleased to announce additional technical information and financial information regarding Volt Lithium Corp. (Volt).
  • The QP concluded that the Volt sampling program validated the historical lithium-brine analytical results: 38.3 mg/L lithium (historical; n=9 analyses) versus 35.0 mg/L lithium (Volt; n=10 analyses).
  • In connection with the TSXVs review of the Acquisition, the TSXV halted trading of Allied Copper shares on the TSXV, pending the collection and dissemination of additional financial and technical information relating to Volt.
  • Trading of Allied Copper shares on the TSXV is expected to resume on November 29, 2022, following dissemination of the additional information contained herein.

Revolve Completes Project Financing with RE Royalties

Retrieved on: 
Wednesday, October 26, 2022
News, Sale, RTB, Growth, Electricity, Secured loan, TSX, Solution, Perception, Transaction, Project, Multimedia, BESS, Company, Energy, ESA, MW, CEO, Nature, RE, Wind, TSX Venture Exchange, Failure, RER, Terminology, COVID-19, Weather, Risk, View, SEDAR, Credit, Mobile phone, Bank, Risk management, BC

The financing agreement consists of a secured loan agreement and a royalty agreement between Revolve and RER.

Key Points: 
  • The financing agreement consists of a secured loan agreement and a royalty agreement between Revolve and RER.
  • The Company will pay RE Royalties a financing fee of 2% of the Secured Loan amount.
  • Eric Hickert, CEO of Revolve Business Solutions commented, "We are delighted to close a further loan facility with RE Royalties for our first BESS project.
  • Revolve does not undertake to update this information at any particular time except as required in accordance with applicable laws.

Revolve Acquires 100% of Centrica Business Solutions with Operating Assets and Recurring Revenue Stream

Retrieved on: 
Monday, August 29, 2022
Centrica, Partnership, COVID-19, Construction, CEO, Secured loan, Perception, CHP, View, Hand, Life, News, Sale, CLA, Risk, Construction Project Information Committee, Term Asset-Backed Securities Loan Facility, TSX, Multimedia, Electricity, CO2, Company, MW, Clean Water State Revolving Fund, Failure, Transaction, Mexican peso, Weather, RTB, TSX Venture Exchange, RE, Terminology, SEDAR, Acquisition, Growth, LSE, Wind, Contract, CBS, Nature, Renewable energy, Oil, Risk management, EBITDA, BC

The acquisition of CBS Mexico immediately delivers a solid foundation of operating projects and a recurring base of revenues to the Company's newly established distributed generation (or "DG") division, which operates as "Revolve Renewable Business Solutions".

Key Points: 
  • The acquisition of CBS Mexico immediately delivers a solid foundation of operating projects and a recurring base of revenues to the Company's newly established distributed generation (or "DG") division, which operates as "Revolve Renewable Business Solutions".
  • The Company has a second division, Revolve Renewable Business Solutions which installs and operates sub 20MW "behind the meter" distributed generation (or "DG") assets.
  • Revolve Renewable Business Solutions, currently has an operating portfolio of 2.85MW with an additional 3MW in the construction phase.
  • Revolve does not undertake to update this information at any particular time except as required in accordance with applicable laws.