Medium term note

Cord Blood Banking Leader Cryo-Cell Reports Fiscal Third Quarter 2023 Financial Results

Retrieved on:

Thursday, October 12, 2023

Cryo-Cell International, Inc. (NYSE American LLC Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal third quarter ended August 31, 2023.

Key Points:

Cryo-Cell International, Inc. (NYSE American LLC Symbol: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal third quarter ended August 31, 2023.
Consolidated revenues for the third quarter of fiscal 2023 were $7.87 million compared to $7.68 million for the third quarter of fiscal 2022.
The revenues for the third quarter of fiscal 2023 consisted of $7.86 million in processing and storage fees, $3,000 in product revenue and $4,000 in public banking revenue compared to $7.52 million in processing and storage fees, $21,000 in product revenue and $138,000 in public banking revenue for the third quarter of fiscal 2022.
During the three months ended August 31, 2023, revenue increased 2%, cost of sales decreased 8% and selling, general and administration expenses increased 6%.

As Production Significantly Increases for Electric Vehicles, Lithium Demand Still Booming

Retrieved on:

Tuesday, September 12, 2023

PALM BEACH, Fla., Sept. 12, 2023 /PRNewswire/ -- With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years. The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide. Lithium-ion batteries are widely used in larger-scale devices such as air mobility and energy storage unit applications as well as consumer electronics such as cameras, laptops, and mobile phones which have seen a surged demand in recent years. Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector. A report from Fact.MR projected that the global lithium mining market size is valued to be US$ 1.2 billion in 2023 and it is anticipated to grow at a CAGR of 6.4% to reach US$ 2.1 billion by the end of 2033. It discussed the future pathway for lithium saying: "Short Term (2023-2026): Demand across numerous end-use industries especially pharmaceuticals and electric vehicles is anticipated to drive the lithium mining market in a short go; Medium Term (2026-2029): Government investments and mining projects to meet the growing lithium demand are likely to drive the lithium mining industry during the forecast period; and Long Term (2029-2033): Adoption of advanced and sustainable technology for mining which increases output and decreases carbon emission, coupled with the discovery of new lithium reserves to create lucrative opportunities for the market players." Active mining companies in the markets this week include: Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Brunswick Exploration Inc. (OTCQB: BRWXF) (TSXV: BRW), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSXV: ETL), Tesla (NASDAQ: TSLA), LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK).

Key Points:

PALM BEACH, Fla., Sept. 12, 2023 /PRNewswire/ -- With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.
Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery-powered machinery, and others.

As Production Significantly Increases for Electric Vehicles, Lithium Demand Still Booming

Retrieved on:

Tuesday, September 12, 2023

PALM BEACH, Fla., Sept. 12, 2023 /PRNewswire/ -- With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years. The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide. Lithium-ion batteries are widely used in larger-scale devices such as air mobility and energy storage unit applications as well as consumer electronics such as cameras, laptops, and mobile phones which have seen a surged demand in recent years. Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector. A report from Fact.MR projected that the global lithium mining market size is valued to be US$ 1.2 billion in 2023 and it is anticipated to grow at a CAGR of 6.4% to reach US$ 2.1 billion by the end of 2033. It discussed the future pathway for lithium saying: "Short Term (2023-2026): Demand across numerous end-use industries especially pharmaceuticals and electric vehicles is anticipated to drive the lithium mining market in a short go; Medium Term (2026-2029): Government investments and mining projects to meet the growing lithium demand are likely to drive the lithium mining industry during the forecast period; and Long Term (2029-2033): Adoption of advanced and sustainable technology for mining which increases output and decreases carbon emission, coupled with the discovery of new lithium reserves to create lucrative opportunities for the market players." Active mining companies in the markets this week include: Indigo Exploration Inc. (OTCQB: IXIXF) (TSX-V: IXI), Brunswick Exploration Inc. (OTCQB: BRWXF) (TSXV: BRW), E3 LITHIUM LTD. (OTCQX: EEMMF) (TSXV: ETL), Tesla (NASDAQ: TSLA), LithiumBank Resources Corp. (OTCQX: LBNKF) (TSX-V: LBNK).

Key Points:

PALM BEACH, Fla., Sept. 12, 2023 /PRNewswire/ -- With a significant increase in the production of electric vehicles, the demand for lithium has significantly increased in recent years.
The majority of the lithium produced is consumed for rechargeable batteries used in electric vehicles; according to estimates, batteries account for 46% of all lithium consumption worldwide.
Hence, the flourishing lithium-ion batteries demand propels the growth of the lithium mining sector.
Lithium mining remains a prominent area of investment as lithium batteries are used in electric vehicles, battery-powered machinery, and others.

Cord Blood Banking Leader Cryo-Cell Reports Fiscal Second Quarter 2023 Financial Results

Retrieved on:

Friday, July 14, 2023

Health, Stem Cells, Other Health, Other Science, Research, Science, Biotechnology, CCEL, NYSE American, Trial of the century, Cryo-Cell International, Medium term note, SWAP, Risk, Duke, Engineering

Cryo-Cell International, Inc. (NYSE American LLC: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal second quarter ended May 31, 2023.

Key Points:

Cryo-Cell International, Inc. (NYSE American LLC: CCEL) (the “Company”), the world’s first private cord blood bank to separate and store stem cells in 1992, announced results for the fiscal second quarter ended May 31, 2023.
Consolidated revenues for the second quarter of fiscal 2023 were $7.77 million compared to $7.63 million for the second quarter of fiscal 2022, a 2% increase.
The revenues for the second quarter of fiscal 2023 consisted of $7.58 million in processing and storage fee revenue, $164,000 in public banking revenue and $27,000 in product revenue compared to $7.48 million in processing and storage fee revenue, $117,000 in public banking revenue and $36,000 in product revenue for the second quarter of fiscal 2022.
During the second quarter of fiscal 2023, the Company entered into an interest rate SWAP agreement to manage exposure to interest rate risk related to its variable debt obligation under its Term Note (as previously disclosed).

Delta Air Lines Announces March Quarter 2023 Financial Results

Retrieved on:

Thursday, April 13, 2023

ATLANTA, April 13, 2023 /PRNewswire/ -- Delta Air Lines (NYSE:DAL) today reported financial results for the March quarter and provided its outlook for the June quarter 2023. Highlights of the March quarter, including both GAAP and adjusted metrics, are on page five and incorporated here.

Key Points:

These results reflect the strength in the underlying demand environment and continued momentum in premium products and loyalty revenue," said Glen Hauenstein, Delta's president.
Unit revenue strength continues, driven by consumer: Reflecting strong demand, March quarter advance cash bookings were nearly 20 percent higher than 2019.
March quarter adjusted total unit revenue (TRASM) was up 16 percent versus 2019 and 23 percent higher versus 2022.
Recent corporate survey results indicate that 96 percent of companies expect their travel will increase or stay the same sequentially in the June quarter.

South Jersey Industries, South Jersey Gas and Elizabethtown Gas Announce Offers to Purchase Notes

Retrieved on:

Wednesday, February 22, 2023

FOLSOM, NJ, February 22, 2023 – South Jersey Industries, Inc. (SJI) announced today that SJI commenced change of control offers (the “SJI Offers”) to repurchase its (i) 3.22% Senior Notes, Series 2017A-1, due 2024, (ii) 3.46% Senior Notes, Series 2017B-1, due 2027, (iii) 3.32% Senior Notes, Series 2017A-2, due 2025, (iv) 3.56% Senior Notes, Series 2017B-2, due 2028, (v) 3.82% Senior Notes, Series 2018B, due 2028, (vi) 3.92% Senior Notes, Series 2018C, due 2030, (vii) 3.71% Senior Notes, Series 2020A, due 2027, and (viii) 3.91% Senior Notes, Series 2020B, due 2030 (collectively, the “SJI Notes”).

Key Points:

FOLSOM, NJ, February 22, 2023 – South Jersey Industries, Inc. (SJI) announced today that SJI commenced change of control offers (the “SJI Offers”) to repurchase its (i) 3.22% Senior Notes, Series 2017A-1, due 2024, (ii) 3.46% Senior Notes, Series 2017B-1, due 2027, (iii) 3.32% Senior Notes, Series 2017A-2, due 2025, (iv) 3.56% Senior Notes, Series 2017B-2, due 2028, (v) 3.82% Senior Notes, Series 2018B, due 2028, (vi) 3.92% Senior Notes, Series 2018C, due 2030, (vii) 3.71% Senior Notes, Series 2020A, due 2027, and (viii) 3.91% Senior Notes, Series 2020B, due 2030 (collectively, the “SJI Notes”).
SJI will accept for purchase all SJI Notes validly tendered at or before the expiration date of the SJI Offers, which is 5:00 p.m. EST on March 16, 2023.
As required by the note purchase agreements under which the SJI Notes were issued, the purchase price with respect to the SJI Notes in the SJI Offers is equal to 100% of the principal amount of the respective SJI Notes, plus accrued and unpaid interest to the date of purchase.
As required by the note purchase agreements under which the SJG Notes were issued, the purchase price with respect to the SJG Notes in the SJG Offers is equal to 100% of the principal amount of the respective SJG Notes, plus accrued and unpaid interest to the date of purchase.

KBRA Assigns Ratings to FMC GMSR ISSUER TRUST, MSR COLLATERALIZED NOTES, Series 2019-VF1, Series 2020-PIAVF1 and Series 2020-SAVF1

Retrieved on:

Wednesday, January 11, 2023

Corporate Advance Rates are 68.42%, 31.58% and 45.26% for FHA, VA and USDA advances, respectively.

Key Points:

Corporate Advance Rates are 68.42%, 31.58% and 45.26% for FHA, VA and USDA advances, respectively.
These notes are backed by the same participation interests created in the underlying MSRs that support the previously issued term notes.
These events include early amortization of the term notes when the amount funded against the VFN falls below $30.0 million.
The advance rate percentages for the applicable advance types as set forth in the Series 2020-PIAVF1 and Series 2020-SAVF1 Indenture Supplement are as follows:

SCA updates MTN program and publishes prospectus

Retrieved on:

Friday, July 15, 2022

SEK, Hard, MTN, CFO, Renewable energy, SCAS, Swedish financial transaction tax, Communication, Medium term note, SCA, Forest

Up to and including July 15, 2022 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.

Key Points:

Up to and including July 15, 2022 SCA has issued SEK 6.2 billion under the MTN program, of which SEK 4 billion is outstanding.
In relation to the MTN program, SCA on May 8, 2018 prepared and published a base prospectus, which will be updated annually.
For this reason, SCA has updated the base prospectus which today, July 15, 2022, has been approved by the Swedish Financial Supervisory Authority (Finansinspektionen).
The updated base prospectus will be available via the web sites of the Swedish Financial Supervisory Authority ( www.fi.se ) and SCA ( www.sca.com ).

U.S. Bancorp Announces Redemption of Medium-Term Notes

Retrieved on:

Friday, June 3, 2022

Banking, Professional Services, Finance, Corporate Commercial Bank, CUSIP, Bank holding company, Social responsibility, Corporation, Depository Trust Company, Public sector banks in India, Depository Trust & Clearing Corporation, Faster Payments Service, Commercial bank, Medium term note, Bank, Note, U.S. Bancorp

U.S. Bancorp today announced the redemption on June 15, 2022, of all its outstanding 2.95% Medium-Term Notes, Series U (Subordinated), due July 15, 2022 (CUSIP No.

Key Points:

U.S. Bancorp today announced the redemption on June 15, 2022, of all its outstanding 2.95% Medium-Term Notes, Series U (Subordinated), due July 15, 2022 (CUSIP No.
The redemption price for the Medium-Term Notes will be equal to 100% of the principal amount of the Notes, plus any accrued and unpaid interest to, but excluding, the redemption date of June 15, 2022.
Payment of the redemption price for the Medium-Term Notes will be made through the facilities of The Depository Trust Company.
U.S. Bancorp, with approximately 70,000 employees and $587 billion in assets as of March 31, 2022, is the parent company of U.S. Bank National Association.

U.S. Bancorp Announces Redemption of Medium-Term Notes

Retrieved on:

Friday, February 4, 2022

Banking, Other Professional Services, Professional Services, Finance, Corporate Commercial Bank, Bank holding company, CUSIP, Corporation, Depository Trust Company, Commercial bank, Faster Payments Service, Public sector banks in India, Social responsibility, Senior, Medium term note, Depository Trust & Clearing Corporation, Bank, U.S. Bancorp

U.S. Bancorp today announced the redemption on February 15, 2022, of all its outstanding 3.00% Medium-Term Notes, Series T (Senior), due March 15, 2022 (CUSIP No.

Key Points:

U.S. Bancorp today announced the redemption on February 15, 2022, of all its outstanding 3.00% Medium-Term Notes, Series T (Senior), due March 15, 2022 (CUSIP No.
The redemption price for the Medium-Term Notes will be equal to $1,000 per $1,000 original principal amount, plus any accrued and unpaid interest to, but excluding, the redemption date of February 15, 2022.
Payment of the redemption price for the Medium-Term Notes will be made through the facilities of The Depository Trust Company.
U.S. Bancorp, with nearly 70,000 employees and $573 billion in assets as of December 31, 2021, is the parent company of U.S. Bank National Association.