Euribor

EQS-News: Bike24 Holding AG: Strong double-digit growth rates in localized markets and full-bike segment but ongoing weak consumer sentiment in core markets during FY 2023

Retrieved on: 
Wednesday, April 10, 2024
EUR, DACH, Depression, Annual report, Growth, Environment, FY, Euribor, Clothing, Policy, Earnings call, Bank statement, Geography, Pharmaceutical industry

Bike24 Holding AG (BIKE24) recorded a revenue decline of 13 percent to EUR 226 million during FY 2023, a year with unprecedented challenges for the cycling industry.

Key Points: 
  • Bike24 Holding AG (BIKE24) recorded a revenue decline of 13 percent to EUR 226 million during FY 2023, a year with unprecedented challenges for the cycling industry.
  • Double-digit growth rates for the full-bike segment as well as the localized markets could not offset the depressed consumer sentiment in the core markets DACH throughout the year.
  • During FY 2023, the decline of 19 percent in the PAC (parts, accessories and clothing) segment was partly offset by strong growth of 25 percent in the full-bike segment.
  • By geography, the Benelux markets (+41 percent) outperformed all other localized markets which recorded a combined growth of 18 percent during FY 2023.

Intercontinental Exchange Reports December, Fourth Quarter and Full Year 2023 Statistics

Retrieved on: 
Thursday, January 4, 2024
Software, Finance, Asset Management, Data Management, Professional Services, Technology, Fintech, Other Technology, ADV, Yoy, Risk, TTF, WTI, Euribor, ICE, SONIA, Energy, TotalEnergies, Coffee, Monthly, Face, Intercontinental Exchange, Intercontinental, Metal, OI, Cardboard

Intercontinental Exchange, Inc. (NYSE: ICE) is a Fortune 500 company that designs, builds, and operates digital networks that connect people to opportunity. We provide financial technology and data services across major asset classes helping our customers access mission-critical workflow tools that increase transparency and efficiency. ICE’s futures, equity, and options exchanges -- including the New York Stock Exchange -- and clearing houses help people invest, raise capital and manage risk. We offer some of the world’s largest markets to trade and clear energy and environmental products. Our fixed income, data services and execution capabilities provide information, analytics and platforms that help our customers streamline processes and capitalize on opportunities. At ICE Mortgage Technology, we are transforming U.S. housing finance, from initial consumer engagement through loan production, closing, registration and the long-term servicing relationship. Together, ICE transforms, streamlines, and automates industries to connect our customers to opportunity.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology and market infrastructure, today reported December, Fourth Quarter, and Full Year 2023 trading volume and related revenue statistics, which can be viewed on the company’s investor relations website at https://ir.theice.com/ir-resources/supplemental-information in the Monthly Statistics Tracking spreadsheet.
  • “ICE began investing in the globalization of commodity markets decades ago, and our record performance through 2023 shows the value customers find in our global platform underpinned by deeply liquid benchmarks across asset classes,” said Ben Jackson, President of ICE.
  • “ICE’s commodity and energy complex reached volume and open interest records throughout the year, with our Brent, WTI, TTF, and agricultural markets each trading at record levels in 2023, reflecting the core role ICE’s derivative markets play in helping our global customer base manage their risk in the face of ever more complex supply chain dynamics.”
    Total open interest (OI) up 18% y/y, including record OI of 86.5M lots on December 14; average daily volume (ADV) up 39% y/y in December, up 26% y/y in 4Q23 and up 10% y/y in 2023
    Energy OI up 21% y/y, including record OI of 53.7M lots on December 22; ADV up 38% y/y in December, up 35% y/y in 4Q23 and record ADV in 2023 up 18% y/y
    Total Oil OI up 28% y/y; ADV up 31% y/y in December, up 32% y/y in 4Q23 and record ADV in 2023 up 19% y/y
    Brent OI up 13% y/y; ADV up 20% y/y in December, up 27% y/y in 4Q23 and record ADV in 2023 up 16% y/y
    WTI OI up 53% y/y; ADV up 49% y/y in December, up 55% y/y in 4Q23 and record ADV in 2023 up 27% y/y
    Gasoil OI up 38% y/y; ADV up 33% y/y in December, up 30% y/y in 4Q23 and up 20% y/y in 2023
    Other crude and refined products OI up 35% y/y; ADV up 51% y/y in December, up 46% y/y in 4Q23 and up 35% y/y in 2023
    Total natural gas OI up 23% y/y, including record futures OI of 20.6M lots on December 22; ADV up 48% y/y in December, up 41% y/y in 4Q23 and up 17% y/y in 2023
    North American gas OI up 19% y/y, including record futures OI of 18.2M lots on December 22; ADV up 40% y/y in December, up 28% y/y in 4Q23 and up 7% y/y in 2023
    TTF gas OI up 89% y/y; ADV up 97% y/y in December, record ADV in 4Q23 up 116% y/y and record 2023 ADV up 66% y/y
    Asia gas OI up 20% y/y; ADV up 65% y/y in December, up 51% y/y in 4Q23 and up 17% y/y in 2023
    Total environmentals ADV up 29% y/y in December, up 20% y/y in 4Q23 and up 2% y/y in 2023
    Total Ags & Metals OI up 25% y/y; ADV up 59% y/y in December, up 13% y/y in 4Q23 and record 2023 ADV up 16% y/y
    Sugar OI up 17% y/y; ADV up 96% y/y in December, up 16% y/y in 4Q23 and record 2023 ADV up 21% y/y
    Cocoa OI up 74% y/y; ADV up 23% y/y in December, up 7% y/y in 4Q23 and record ADV in 2023 up 14% y/y
    Coffee OI up 13% y/y; ADV up 53% y/y in December, up 16% y/y in 4Q23 and up 9% y/y in 2023
    Total Financials OI up 10% y/y; ADV up 39% y/y in December and up 17% y/y in 4Q23
    Total interest rates OI up 15% y/y; ADV up 56% y/y in December, up 26% y/y in 4Q23 and up 4% y/y in 2023
    SONIA OI up 90% y/y; ADV up 115% y/y in December, up 60% y/y in 4Q23 and record 2023 ADV up 29% y/y
    Euribor OI up 3% y/y; ADV up 48% y/y in December and up 18% y/y in 4Q23
    NYSE equity options ADV up 14% y/y in December, up 3% y/y in 4Q23 and up 4% y/y in 2023

Turkiye Garanti Bankasi A.S.: Announcement regarding Syndicated Loan Agreement

Retrieved on: 
Thursday, December 14, 2023
Bank, EUR, Book, SOFR, Record, Euribor, USD

On 04.12.2023 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 259,500,000 and € 142,500,000 comprising of two separate tranches.

Key Points: 
  • On 04.12.2023 our Bank has signed a syndicated loan agreement with 367 days maturity in the amount of US $ 259,500,000 and € 142,500,000 comprising of two separate tranches.
  • The loan which will be used for trade finance purposes has been executed with commitments received from 35 financial institutions from 19 countries.
  • The all-in cost for USD and EUR tranches have been realized as SOFR + 3.50% and Euribor + 3.25% respectively.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.

EQS-News: Aroundtown SA announces H1 2023 results with continued measures to strengthen the balance sheet

Retrieved on: 
Wednesday, August 30, 2023
Interim, AFRICA, ICR, Publication, YOY, LTV, FFO, EPRA, Growth, Euribor, Adjustment, YTD, Aroundtown SA, Security (finance), Beauty salon, Bank

Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.

Key Points: 
  • Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.
  • FFO I amounting to €175 million for H1 2023 and €0.16 per share, both down 6% YOY.
  • Following external valuation of the full portfolio in H1 2023, the like-for-like value declined by 6% and amounted to €1.7 billion.
  • De-leveraging measures maintained LTV at 41% in June 2023, slightly up from 40% in December 2022, despite portfolio value decline.

Aroundtown SA announces H1 2023 results with continued measures to strengthen the balance sheet

Retrieved on: 
Wednesday, August 30, 2023
Interim, AFRICA, ICR, Publication, YOY, LTV, FFO, EPRA, Growth, Euribor, Adjustment, YTD, Aroundtown SA, Security (finance), Beauty salon, Bank

Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.

Key Points: 
  • Adjusted EBITDA of €498 million in H1 2023, decreasing by 3% as compared to €511 million in H1 2022.
  • FFO I amounting to €175 million for H1 2023 and €0.16 per share, both down 6% YOY.
  • Following external valuation of the full portfolio in H1 2023, the like-for-like value declined by 6% and amounted to €1.7 billion.
  • De-leveraging measures maintained LTV at 41% in June 2023, slightly up from 40% in December 2022, despite portfolio value decline.

ESMA in 2022 - Focus on financial stability and investor protection

Retrieved on: 
Monday, June 19, 2023
Exercise, Review, Uncertainty, Financial Oversight and Management Board for Puerto Rico, DRSP, Markets in Financial Instruments Directive 2014, European Securities and Markets Authority, DLT, Name, Prospectus, Civil List Act 1979, Annual report, CRA, European, ESG, ESMA, Environment, Cryptocurrency, Property management, Management, Creative industries, EU, Brexit, Euribor

ESMA in 2022 - Focus on financial stability and investor protection

Key Points: 
  • ESMA in 2022 - Focus on financial stability and investor protection
    The European Securities and Markets Authority (ESMA), the EU’s financial markets regulator and supervisor, has published its Annual Report for 2022.
  • ESMA also delivered extensive work throughout the year to respond to the consequences of the Russian invasion of Ukraine.
  • Verena Ross, Chair of ESMA, said:
    “During 2022 ESMA designed its new strategic orientation for the next five years.
  • We will remain focused on our core mission of enhancing investor protection, promoting orderly financial markets and safeguarding financial stability.

ICE Reports Record Trading in SONIA as the Market Manages New Expectations for U.K. Interest Rates

Retrieved on: 
Friday, May 26, 2023
Banking, Asset Management, Professional Services, Finance, Government, NYSE, Intercontinental, SONIA, Intercontinental Exchange, ICE, Iron ore, Cryptocurrency, Euribor

Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 1.37 million SONIA futures and options contracts traded on May 24, 2023, as the market manages new expectations for U.K. interest rates.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE: ICE), a leading global provider of data, technology, and market infrastructure, today announced that a record 1.37 million SONIA futures and options contracts traded on May 24, 2023, as the market manages new expectations for U.K. interest rates.
  • On May 24, 2023, over 1 million SONIA futures traded, with high levels of activity in the June, September and December 2023 SONIA contract months.
  • Open interest across SONIA futures and options is 2.6 million contracts, up 28% since the start of the year, with open interest out to December 2028.
  • Open interest in ICE’s interest rate franchise is up 14% this year at 18.7 million contracts, including open interest up 11% in Euribor at 15.2 million, and up 50% in Gilts at 584,000 contracts.

Lowey Dannenberg, P.C. and Lovell Stewart Halebian Jacobson LLP Announce a Settlement for Those Who Have Transacted in Euribor Products Between June 1, 2005 and March 31, 2011

Retrieved on: 
Thursday, May 18, 2023
Class, Vexatious litigation, PKC, Lawyer, Racketeer Influenced and Corrupt Organizations Act, District court, Notice, Court, Tobacco Master Settlement Agreement, Chase Bank, Barclays, London International Financial Futures and Options Exchange, NYSE, Clayton Antitrust Act of 1914, Defendant, P.C, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Deutsche Bank, Episcopal conference, Citibank, Claim, Sherman Antitrust Act, HSBC, HSBC Bank, NOT, JPMorgan Chase, Citigroup, Commodity Exchange Act, Panayiotou v. Sony Music Entertainment (UK) Ltd., HSBC (United Kingdom), Chicago Mercantile Exchange, CME, New York Stock Exchange, Thomson Reuters, Plaintiff, Negotiation, Person, Summons, Insurance, Security (finance), Generic drug, Pharmaceutical industry, Euribor, Settlement

The Settlement provides a total of $105 million to pay claims from persons who transacted in Euribor Products during the Class Period.

Key Points: 
  • The Settlement provides a total of $105 million to pay claims from persons who transacted in Euribor Products during the Class Period.
  • You can also choose to exclude yourself from the Settlement, or object to the Settlement.
  • Before any money is paid, the Court will hold a Settlement Hearing to decide whether to approve the Settlement.
  • These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.

Pepper Advantage Sees Signs of Rising Default Risk in Spanish Residential Mortgage Market

Retrieved on: 
Thursday, April 20, 2023
Professional Services, Data Analytics, Finance, Fintech, Consulting, Personal Finance, Employment, GDP, DDR, DDR SDRAM, ECB, Real estate, Credit, Euribor

Pepper Advantage, a global credit intelligence company, has released data which points to potential future increases in credit impairments in the Spanish residential mortgage market.

Key Points: 
  • Pepper Advantage, a global credit intelligence company, has released data which points to potential future increases in credit impairments in the Spanish residential mortgage market.
  • Pepper Advantage considers DDRs to be a reliable leading indicator of borrower stress and potential future default risk, even if the borrower subsequently satisfies the loan repayment requirement another way.
  • In the six months to December 2022, Pepper Advantage saw a biannual 7.85% increase in DDR rates across its mortgage portfolios, a trend that correlates with increases in Euribor.
  • As a result, default levels across Pepper Advantage’s mortgage portfolios have remained low by historical levels, despite rising indications of borrower difficulties.

ICE Reports Highest Trading Volumes in Euribor for Ten Years

Retrieved on: 
Wednesday, April 5, 2023
Banking, Fintech, Professional Services, Finance, ADV, Intercontinental, Intercontinental Exchange, NYSE, ICE, Security (finance), Euribor

Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the highest trading volumes in Euribor derivatives, the benchmark for managing short term Euro-related interest rate risk, for ten years.

Key Points: 
  • Intercontinental Exchange, Inc. (NYSE:ICE), a leading global provider of data, technology, and market infrastructure, today announced the highest trading volumes in Euribor derivatives, the benchmark for managing short term Euro-related interest rate risk, for ten years.
  • In March 2023, a record 49.5 million Euribor futures and options contracts traded.
  • In addition, Euribor futures set a record for average daily volume (ADV) during March 2023 of 1.75 million contracts.
  • Through Euribor, ICE offers customers the most liquid European interest rate futures and options markets.