Bond credit rating

Kaufman & Broad SA: ANNUAL RESULTS 2023

Retrieved on: 
Monday, February 5, 2024
Shareholder, Mass meeting, Environment, Housing, Marketing, Real estate, ABIS, Commercial, Corporation, Acquisition, KB Home, Fitch, Bond credit rating, Share repurchase, Minority, Backlog, Apartment, VAT, Cryptocurrency

Main elements of commercial activity (2023 vs. 2022)

Key Points: 
  • Main elements of commercial activity (2023 vs. 2022)
    Main financial items (2023 vs. 2022 unless otherwise specified)
    EBIT margin(c): 7.8 % vs. 7.5%
    Net cash (b) : €180.5M vs. € (67.8 ) M at 30 Nov 2022
    Main development indicators (end of Nov. 2023 vs. end of Nov. 2022)
    Kaufman & Broad SA today announces its 2023 results (from December 1st to November 30th, 2023).
  • Nordine Hachemi, Chairman and Chief Executive Officer of Kaufman & Broad, said:
    “Kaufman & Broad's 2023 results are in line with guidance.
  • In this environment, Kaufman & Broad continued to apply a rigorous policy of rapid adjustment to market conditions.
  • Last September, Fitch confirmed the Investment Grade rating of Kaufman & Broad SA, the only European developer to have this rating.

CHESAPEAKE ENERGY CORPORATION AND SOUTHWESTERN ENERGY TO COMBINE TO ACCELERATE AMERICA'S ENERGY REACH

Retrieved on: 
Thursday, January 11, 2024
CHK, Natural gas, LLP, Eagle Ford, Dallas, RBC Capital Markets, Kirkland & Ellis, Morgan Stanley, BofA Securities, Carbon, Chesapeake Energy, SWN, CITY, Latham & Watkins, J.P. Morgan & Co., Wells Fargo, Webcast, ROCE, Workforce, Marketing, G&A, Bond credit rating, EST, GHG, Renewable energy

Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.

Key Points: 
  • Under the terms of the agreement, Southwestern shareholders will receive 0.0867 shares of Chesapeake common stock for each share of Southwestern common stock outstanding at closing.
  • "The world is short energy and demand for our products is growing, both in the U.S. and overseas.
  • Pro forma for the transaction, Chesapeake shareholders will own approximately 60% and Southwestern shareholders will own approximately 40% of the combined company, on a fully diluted basis.
  • Kirkland & Ellis LLP is serving as legal advisor, and Joele Frank as communications advisor to Southwestern Energy.

PPM America Continues Global Distribution Team Expansion

Retrieved on: 
Monday, January 8, 2024
Other Professional Services, Asset Management, Professional Services, Finance, Columbia Threadneedle Investments, Bond credit rating, Multimedia, Sale, Private equity, DNA, DWS, PPM, Senior

PPM America, Inc. (PPM) is pleased to announce the addition of Bob Meikleham to the Global Distribution team as Managing Director, Insurance.

Key Points: 
  • PPM America, Inc. (PPM) is pleased to announce the addition of Bob Meikleham to the Global Distribution team as Managing Director, Insurance.
  • Meikleham comes to PPM from DWS, where he was responsible for the sale and distribution of their alternative and traditional investment solutions to insurance clients and prospects.
  • View the full release here: https://www.businesswire.com/news/home/20240108953249/en/
    Bob Meikleham joins PPM America’s growing Global Distribution team as Managing Director, Insurance.
  • He is based out of Boston and reports to Jeff Seaver, Head of Global Distribution.

KBRA Named Ratings Agency Of The Year at Second Annual SFR Industry Awards

Retrieved on: 
Monday, December 4, 2023
Banking, Data Analytics, Professional Services, Finance, The Second Annual Report, CFA, Research, SFR, CMBS, Information management, IMN, Credit rating agency, Bond credit rating, Film industry, Pharmaceutical industry, KBRA

KBRA, a global full-service credit rating agency, is pleased to announce it was named winner in the Ratings Agency of the Year category at the Second Annual Single-Family Rental (SFR) Industry Awards ceremony held by Information Management Network on December 3rd in Scottsdale, Arizona.

Key Points: 
  • KBRA, a global full-service credit rating agency, is pleased to announce it was named winner in the Ratings Agency of the Year category at the Second Annual Single-Family Rental (SFR) Industry Awards ceremony held by Information Management Network on December 3rd in Scottsdale, Arizona.
  • The award recognized the best ratings agency servicing the SFR sector in the past year, according to IMN, and the judges considered factors such as share of securitization deals rated, econometric and industry reporting, transparency and timeliness of comments, as well as customer feedback.
  • “KBRA is excited to be given this honor,” said Nitin Bhasin, CFA, the Global Head of CMBS ratings at KBRA.
  • “Winning this award is testament to the hard work and commitment of our seasoned new issue, surveillance analysts covering the SFR sector.

PPM America Hires Lord Abbett Director To Global Distribution Team

Retrieved on: 
Wednesday, November 29, 2023
Banking, Asset Management, Professional Services, Finance, State Street Global Advisors, Senior, Global distribution system, PPM, Multimedia, Taft–Hartley Act, Lord Abbett, Bond credit rating, Fixed income, Private equity, PPM America, Inc., Asset management, Boston

PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.

Key Points: 
  • PPM America, Inc. (PPM) today announced the continued expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • Prior to Lord Abbett, Balewicz spent 17 years at State Street Global Advisors in various roles, primarily focused on institutional sales.
  • View the full release here: https://www.businesswire.com/news/home/20231129126794/en/
    PPM America continues the expansion of its Global Distribution team with the addition of Greg Balewicz as a Senior Managing Director.
  • “Greg is an excellent addition not only to the Global Distribution team but also PPM as a whole,” Seaver said.

Valley National Bank Strengthens Syndications Capabilities with the Hire of Robert Danziger as Head of Syndications

Retrieved on: 
Tuesday, November 7, 2023
Banking, Professional Services, Finance, VLY, Bond credit rating, Citigroup, Syndication, Valley Bank, Chemical Bank, Danziger, Economics, Capital market, Senior, National bank, Deutsche Bank, Business administration, Business, Head, Loan, Union College

Valley National Bank , the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today it has hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business.

Key Points: 
  • Valley National Bank , the wholly-owned subsidiary of Valley National Bancorp (NASDAQ:VLY), announced today it has hired Robert Danziger, a 30-year corporate finance veteran, as Managing Director, First Senior Vice President, and Head of the Bank’s Syndicated Finance business.
  • Based both in New York and at Valley’s headquarters in Morristown, NJ, Danziger’s responsibilities include augmenting the Bank’s existing capabilities with clients throughout Valley’s territories including New Jersey, New York, Florida, Illinois, and California.
  • Prior to joining Valley, Danziger served as a Senior Managing Director in Debt Capital Markets at MUFG Securities Americas Inc. His responsibilities included arrangement, structuring, origination, and distribution of Investment Grade Bond and Loan transactions within the U.S. and was head of Latin American Loan Syndications.
  • Danziger previously worked at Deutsche Bank Securities where he served as Head of Investment Grade Loan Capital Markets for the Americas as well as Citi/Salomon Smith Barney and Chemical Bank.

PPM Builds Global Distribution Team

Retrieved on: 
Thursday, November 2, 2023
Finance, Consulting, Banking, Professional Services, Asset Management, Legg Mason, Health care, Fixed income, PPM, Beckner, Global distribution system, Bond credit rating, Endowment, Outsourced, Multimedia, Highland Capital Management, Senior, CIO, Private equity, Head, Consultant, Family, Loomis, Sayles & Company, Music, Management

PPM America, Inc. (PPM) announces the recent additions of Jeff Seaver as the new Head of Global Distribution and Laura Beckner as Head of Consultant Relations, a newly created role.

Key Points: 
  • PPM America, Inc. (PPM) announces the recent additions of Jeff Seaver as the new Head of Global Distribution and Laura Beckner as Head of Consultant Relations, a newly created role.
  • View the full release here: https://www.businesswire.com/news/home/20231102786100/en/
    PPM welcomes the addition of Jeff Seaver as the Head of Global Distribution.
  • His previous roles also include Managing Director positions at Highland Capital Management and Loomis Sayles, where he was responsible for building out and overseeing the EMEA distribution team.
  • “Based upon their past experience on successful teams, both Jeff and Laura know that PPM has all the pieces necessary to deliver consistent results alongside tremendous client service.”

American Tower Names Steven O. Vondran to Succeed Thomas A. Bartlett as President and CEO and Names Eugene Noel as New EVP and President, U.S. Tower Division

Retrieved on: 
Thursday, October 26, 2023
Professional Services, Data Management, Technology, Commercial Building & Real Estate, Finance, Construction & Property, REIT, NYSE, Bond credit rating, Acquisition, American Tower, Senior, Growth, Executive, Partnership, Sprint Corporation, The Conference Board, Ligado Networks, Observatory on Digital Communication, General counsel, CoreSite, Management

To facilitate the transition, the Board also appointed Mr. Vondran to the role of Executive Vice President, Global Chief Operating Officer for the interim period, effective November 1, 2023 until February 1, 2024.

Key Points: 
  • To facilitate the transition, the Board also appointed Mr. Vondran to the role of Executive Vice President, Global Chief Operating Officer for the interim period, effective November 1, 2023 until February 1, 2024.
  • Eugene (“Bud”) Noel, the Company’s current Senior Vice President and Chief Operating Officer, U.S. Tower Division, will become the new Executive Vice President and President, U.S. Tower Division, effective November 1, 2023.
  • Mr. Bartlett joined American Tower in 2009 as Executive Vice President and Chief Financial Officer, and became its Chief Executive Officer and director of the Board in 2020.
  • We will be working closely with Tom, Steve and Bud during the next few months to ensure a smooth and seamless transition.”

Cognitive Credit adds Corporate Sustainability Reports to credit market coverage

Retrieved on: 
Wednesday, October 25, 2023
Environment, Apps, Applications, Technology, Finance, Fintech, Professional Services, Sustainability, Socially Responsible Investing, Environmental, Social and Governance (ESG), Artificial Intelligence, Credit, Bond credit rating, Monte Carlo algorithm, ESG, Sustainability reporting, Bank statement, Online shopping

Cognitive Credit, the leading provider of corporate credit data and analytics technology, today announces the addition of Sustainability Reports to the fundamental credit data available in its web application.

Key Points: 
  • Cognitive Credit, the leading provider of corporate credit data and analytics technology, today announces the addition of Sustainability Reports to the fundamental credit data available in its web application.
  • This additional reporting further expands the credit market’s largest searchable document library to include published Sustainability Reports on issuers included in the Cognitive Credit coverage universe.
  • Sustainability considerations and ESG factors are becoming increasingly important to credit investors as global social and governance pressures grow.
  • Jack Wearne, Vice President of Product and Strategy, said: “With the addition of Sustainability Reports to our document library, Cognitive Credit is further cementing its position as the market’s most comprehensive source of fundamental credit data.

Cognitive Credit launches US Investment Grade bond coverage

Retrieved on: 
Tuesday, October 3, 2023
Professional Services, Data Management, Data Analytics, Technology, Finance, Asset Management, Fintech, KPI, Geography, Partnership, IBoxx, API, Research, USD, Index, IG, BBB, Market segmentation, Bond credit rating, REST, Web application, Credit, Environment, Security (finance), Data

Cognitive Credit, the leading provider of corporate credit data and analytics technology, today announces the launch of a US Investment Grade (IG) license, expanding its global coverage to over 1,750 issuers.

Key Points: 
  • Cognitive Credit, the leading provider of corporate credit data and analytics technology, today announces the launch of a US Investment Grade (IG) license, expanding its global coverage to over 1,750 issuers.
  • Following the shift in the interest rate environment through 2022, the iBoxx USD Liquid Investment Grade BBB Index fell almost 20%.
  • This coverage expansion provides the same level of speed, accuracy and transparency that Cognitive Credit delivers for all its other data licenses.
  • US IG is Cognitive Credit’s fourth data license, available alongside US High Yield, European High Yield, and European Investment Grade.