Collateral

Museum of Contemporary Art, North Miami (MOCA) Announces Fall 2022 and Miami Art Week Programming

Retrieved on: 
Thursday, November 17, 2022

MIAMI, Nov. 17, 2022 /PRNewswire/ -- The Museum of Contemporary Art, North Miami (MOCA) is proud to announce its Fall 2022 and Miami Art Week programming: Didier William: Nou Kite Tout Sa Dy,Leah Gordon Kanaval, and Chire "VantaBlack" Regans: To What Lengths.

Key Points: 
  • MIAMI, Nov. 17, 2022 /PRNewswire/ -- The Museum of Contemporary Art, North Miami (MOCA) is proud to announce its Fall 2022 and Miami Art Week programming: Didier William: Nou Kite Tout Sa Dy,Leah Gordon Kanaval, and Chire "VantaBlack" Regans: To What Lengths.
  • The exhibitions will be celebrated during Miami Art Week with a public opening reception on Dec. 1, as well as additional programming.
  • "We are pleased to showcase these impactful and timely exhibitions during Miami Art Week, when the eyes of the global art world are focused on our community," said Chana Sheldon, Executive Director of MOCA.
  • MOCA North Miami presents contemporary art and its historical influences through exhibitions, educational programs, and collections.

BrandTuitive Receives Highest Honors for Design and Creative Excellence

Retrieved on: 
Wednesday, October 26, 2022

NEW YORK, Oct. 26, 2022 /PRNewswire/ -- BrandTuitive, a New York City branding and brand marketing agency, has once again been recognized for its creative design work by highly regarded design award competitions, including the NYX Muse Awards, NYX Marcom Awards and the GDUSA Health+Wellness Design Awards™.

Key Points: 
  • NEW YORK, Oct. 26, 2022 /PRNewswire/ -- BrandTuitive , a New York City branding and brand marketing agency, has once again been recognized for its creative design work by highly regarded design award competitions, including the NYX Muse Awards, NYX Marcom Awards and the GDUSA Health+Wellness Design Awards.
  • "Great creative always starts with solid strategy," noted Todd Brenard, Chief Strategy Officer at BrandTuitive.
  • The NYX Marcom Awards recognize, celebrate and honor creative excellence in marketing and communications across a wide variety of industries.
  • The GDUSA Health+Wellness Design Awards competition honors graphic design excellence from traditional medicine to healthy lifestyles to public health initiatives.

130 Financial Institutions Attending RMA's Annual Risk Conference

Retrieved on: 
Tuesday, October 11, 2022

PHILADELPHIA, Oct. 11, 2022 /PRNewswire/ -- The Risk Management Association (RMA), whose members represent 90% of North American bank assets, announced today that representatives of more than 130 financial institutions will attend its annual conference on "Risk in An Ever-Changing Landscape," taking place from October 23-25, 2022, in Washington, D.C.

Key Points: 
  • "With the winds of recession looming, as well as the coming national election, RMA's Annual Risk Management Conference is timed to give financial professionals insight into the economic, political, and regulatory forces affecting our industry," said Nancy Foster, President and CEO of RMA.
  • Founded in 1914, the Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry.
  • RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.
  • Headquartered inPhiladelphia, Pennsylvania, RMA has 1,600 institutional members that include banks of all sizes as well as nonbank financial institutions.

RelPro and Lendovative Announce New Partnership for Business Lenders

Retrieved on: 
Tuesday, October 11, 2022

SHORT HILLS, N.J., and BRENTWOOD, Tenn., Oct. 11, 2022 /PRNewswire-PRWeb/ -- RelPro, the fast-growing business development and relationship management solution for Financial Services professionals, announced today a new partnership with Lendovative Technologies, Inc., a provider and developer of niche lending technologies for financial institutions. The partnership enhances both companies' ability to assist financial institutions that serve businesses across the United States.

Key Points: 
  • RelPro's Business Development platform combined with Lendovative's Collateral Valuation solution helps financial institutions grow business lending.
  • SHORT HILLS, N.J., and BRENTWOOD, Tenn., Oct. 11, 2022 /PRNewswire-PRWeb/ -- RelPro , the fast-growing business development and relationship management solution for Financial Services professionals, announced today a new partnership with Lendovative Technologies, Inc. , a provider and developer of niche lending technologies for financial institutions.
  • RelPro delivers valuable insights and time-saving efficiencies to business development and relationship management professionals in banking and other financial services sectors - including Business & Commercial Bankers building relationships with small and mid-market private companies.
  • Lendovative's borrowing base lending platform, BB-360, empowers financial institutions to serve the cash flow needs of business clients more effectively.

GemCap Solutions, LLC to Auction the Inventory and Intellectual Property of Bedford Ventures, Inc. Via Public Sale

Retrieved on: 
Saturday, September 17, 2022

The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Collateral.

Key Points: 
  • The Secured Party is conducting the Public Sale to foreclose the lien and security interest held by the Secured Party in and to the Collateral.
  • At the Public Sale, each of the Inventory and the Intellectual Property will be offered for sale in separate lots and the Collateral will be offered as a single lot.
  • The Secured Party reserves the right to credit bid on any or all of the Collateral at the Public Sale.
  • The Secured Party reserves the right to reject all bids, adjourn or cancel the Public Sale.

Hersha Hospitality Trust Refinances Credit Facilities

Retrieved on: 
Friday, August 5, 2022

PHILADELPHIA, Aug. 05, 2022 (GLOBE NEWSWIRE) -- Hersha Hospitality Trust (NYSE: HT) (“Hersha” or the “Company”), owner of luxury and lifestyle hotels in coastal gateway and resort markets, today announced the Company closed on the refinancing of a $500 million Senior Secured Credit Facility (the “Credit Facility”) and the closing of the first tranche of six of the previously announced disposition of seven non-core Urban Select Service properties (the “USS Portfolio”).

Key Points: 
  • The $500 million Credit Facility consists of a $400 million Term Loan and an undrawn $100 million revolving credit line.
  • The refinancing of our existing credit facilities sustains the significant efforts undertaken to optimize our balance sheet and provides additional flexibility to execute our business plan.
  • The Credit Facility refinancing in conjunction with the mortgage refinancings we completed in 2021 address our near-term maturities.
  • Hersha Hospitality Trust (HT) is a self-advised real estate investment trust in the hospitality sector, which owns and operates luxury and lifestyle hotels in coastal gateway and resort markets.

The GEO Group Announces Commencement of Exchange Offers and Consent Solicitations for Certain of Its Outstanding Debt Securities

Retrieved on: 
Tuesday, July 19, 2022

Holders of Old Notes that tender such Old Notes will be deemed to have given Consent to the Proposed Amendments with respect to the Old Notes.

Key Points: 
  • Holders of Old Notes that tender such Old Notes will be deemed to have given Consent to the Proposed Amendments with respect to the Old Notes.
  • The description above includes only a summary of certain key terms of the Exchange Offers, Consent Solicitations and the New Notes.
  • Copies of the Prospectus pursuant to which the Exchange Offers and Consent Solicitations are being made may be obtained from D.F.
  • King & Co., Inc., the information agent and exchange agent for the Exchange Offers and Consent Solicitations.

BNY Mellon Names Dermot McDonogh as Next Chief Financial Officer; Emily Portney to Lead Treasury Services, Credit Services, and Clearance & Collateral Management Businesses

Retrieved on: 
Wednesday, July 6, 2022

Ms. Portney will then assume a new role leading the company's Treasury Services, Credit Services, and Clearance & Collateral Management businesses.

Key Points: 
  • Ms. Portney will then assume a new role leading the company's Treasury Services, Credit Services, and Clearance & Collateral Management businesses.
  • Ms. Portney will continue to report to BNY Mellon's CEO and serve as a member of the Executive Committee.
  • "We are thrilled to welcome Dermot to BNY Mellon," said Robin Vince, CEO-elect of BNY Mellon.
  • "Dermot has exceptional experience in finance and financial operations as well as leadership across global teams and dynamic international environments.

Sappi North America Releases Innovative Pop-Up Book From Forest to Forest

Retrieved on: 
Wednesday, April 20, 2022

In celebration of Earth Week, Sappi North America, Inc. , a leading producer and supplier of diversified paper, packaging products and pulp, today released From Forest to Forest, a pop-up book made from Sappis premium line of paperboard, Spectro, that highlights responsible forestry management.

Key Points: 
  • In celebration of Earth Week, Sappi North America, Inc. , a leading producer and supplier of diversified paper, packaging products and pulp, today released From Forest to Forest, a pop-up book made from Sappis premium line of paperboard, Spectro, that highlights responsible forestry management.
  • The pop-up book is dimensional and tactical, featuring surprises that give our customers the ultimate haptic experience.
  • From Forest to Forest has received several accolades this year for its ingenuity and innovative design.
  • Partner with Sappi to discover sustainable paper and packaging solutions that are as innovative and well-crafted as your products.

1970 Group’s Insurance Collateral Funding Solution Brings More Liquidity to Corporate Balance Sheets

Retrieved on: 
Wednesday, April 6, 2022

1970 Group , a specialized risk financing provider with expertise in insurance and structured credit, has pioneered a financing solution called Insurance Collateral Funding to help release trapped liquidity on corporations balance sheets.

Key Points: 
  • 1970 Group , a specialized risk financing provider with expertise in insurance and structured credit, has pioneered a financing solution called Insurance Collateral Funding to help release trapped liquidity on corporations balance sheets.
  • Developed by a group of executives with extensive experience in insurance and finance, 1970 Group began providing Insurance Collateral Funding to corporations in 2020.
  • Many companies lack easy access to alternative funding solutions, and the Insurance Collateral Funding offering is designed to fill this gap in the market.
  • Our Insurance Collateral Funding solution provides an opportunity for CFOs and risk managers to unlock more of their balance sheet.