Fitch Ratings

Fitch Group Announces Creation of Sustainable Fitch and Launches ESG Ratings Products

Wednesday, September 15, 2021 - 2:00pm

The new ESG Ratings from Sustainable Fitch assess the ESG performance and profile of entities and instruments.

Key Points: 
  • The new ESG Ratings from Sustainable Fitch assess the ESG performance and profile of entities and instruments.
  • About Sustainable Fitch ESG Ratings:
    Sustainable Fitch ESG Ratings are not credit ratings.
  • For further details about Sustainable Fitch, including in-depth introductions to the new ESG Ratings and ESG-related Insights, please visit the Sustainable Fitch website.
  • Fitch Group is comprised of: Fitch Ratings, a global leader in credit ratings and research; Fitch Solutions, a leading provider of data, research and analytics; and Fitch Learning, a preeminent training and professional development firm.

Planet Home Lending, LLC, Hires Andrew Watson as Senior Vice President, Contact Center

Tuesday, September 14, 2021 - 1:31pm

MERIDEN, Conn., Sept. 14, 2021 /PRNewswire/ -- Planet Home Lending , LLC, a national lender and servicer, has hired Andrew Watson as Senior Vice President, Contact Center.

Key Points: 
  • MERIDEN, Conn., Sept. 14, 2021 /PRNewswire/ -- Planet Home Lending , LLC, a national lender and servicer, has hired Andrew Watson as Senior Vice President, Contact Center.
  • Watson's first task will be to finalize the staffing and build-out of the servicing center Planet Home Lending opened last year in Irving, Texas.
  • Watson said he joined Planet for three reasons: "First, Planet has a good reputation as a company and servicer.
  • Before joining Planet Home Lending, Watson was Vice President of Call Center Operations at Rushmore Loan Management Services, LLC.

Legend Capital Led a New Round of Investment of Etana

Tuesday, September 14, 2021 - 12:42am

HONG KONG, Sept 14, 2021 - (ACN Newswire) - Legend Capital led a new round of investment of PT Etana Biotechnologies Indonesia (Etana), along with Innovent Biologics, Inc. (Innovent) (HKEX: 01801), and a consortium led by UOB Venture Management (UOBVM).

Key Points: 
  • HONG KONG, Sept 14, 2021 - (ACN Newswire) - Legend Capital led a new round of investment of PT Etana Biotechnologies Indonesia (Etana), along with Innovent Biologics, Inc. (Innovent) (HKEX: 01801), and a consortium led by UOB Venture Management (UOBVM).
  • Hong Tan, Managing Director of Legend Capital, said "We appreciate Etana's vision to provide Indonesia with cost-effective biopharmaceuticals.
  • Legend Capital is an independent professional venture capital company under Legend Holdings.
  • Its core business is positioned at the initial stage of venture capital and expansion stage growth investment.

DBRS Morningstar Appoints Mudasar Chaudhry Head of European Structured Finance Research

Monday, September 13, 2021 - 12:18pm

DBRS Morningstar announced the appointment of Mudasar Chaudhry as Head of European Structured Finance and Covered Bond Research, effective immediately.

Key Points: 
  • DBRS Morningstar announced the appointment of Mudasar Chaudhry as Head of European Structured Finance and Covered Bond Research, effective immediately.
  • Based in London, Chaudhry will be responsible for DBRS Morningstars European securitisation and covered bond rating research as well as coordinating with the European Structured Finance rating teams and other credit business units.
  • Chaudhry will report to Christian Aufsatz, Head of European Structured Finance at DBRS Morningstar.
  • Chaudhry joined DBRS Morningstar in 2011 as a lead analyst on the European Structured Credit team and has been integral to the success of the European Structured Finance group since.

Ziegler Closes $80,000,000 Financing For The Mayflower Retirement Center, Inc.

Thursday, September 9, 2021 - 9:00pm

CHICAGO, Sept. 9, 2021 /PRNewswire-PRWeb/ -- Ziegler, a specialty investment bank, is pleased to announce the successful closing of The Mayflower Retirement Center, Inc,'s $80,000,000 Series 2021 Bonds.

Key Points: 
  • CHICAGO, Sept. 9, 2021 /PRNewswire-PRWeb/ -- Ziegler, a specialty investment bank, is pleased to announce the successful closing of The Mayflower Retirement Center, Inc,'s $80,000,000 Series 2021 Bonds.
  • The Mayflower Retirement Center, Inc. (the "Obligor") is a Florida not-for-profit corporation formed in 1973.
  • The Obligor owns and operates Mayflower Retirement Community (the "Community"), a "Type A" life plan community in Winter Park, Florida located approximately six miles from the downtown area of Orlando.
  • Ziegler is the nation's leading underwriter of financing for not-for-profit senior living providers.

ProAssurance Declares Quarterly Dividend

Wednesday, September 1, 2021 - 9:15pm

The Board of Directors of ProAssurance Corporation (NYSE:PRA) has declared a cash dividend of $0.05 per common share, payable on October 8, 2021 to shareholders who own our stock as of September 24, 2021.

Key Points: 
  • The Board of Directors of ProAssurance Corporation (NYSE:PRA) has declared a cash dividend of $0.05 per common share, payable on October 8, 2021 to shareholders who own our stock as of September 24, 2021.
  • Our dividend policy anticipates a total annual dividend of $0.20 per share, to be paid in equal quarterly installments.
  • ProAssurance Group is rated A (Excellent) by AM Best; ProAssurance and its operating subsidiaries are rated A- (Strong) by Fitch Ratings .
  • For the latest on ProAssurance and its industry-leading suite of products and services, cutting-edge risk management and practice enhancement programs, follow @ProAssurance on Twitter or LinkedIn .

Retail Opportunity Investments Corp. Schedules Third Quarter Earnings Release and Conference Call

Wednesday, September 1, 2021 - 1:30pm

The Company will conduct a conference call and audio webcast on Wednesday, October 27, 2021 at 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time.

Key Points: 
  • The Company will conduct a conference call and audio webcast on Wednesday, October 27, 2021 at 9:00 a.m. Pacific Time / 12:00 p.m. Eastern Time.
  • To access the conference call, dial (877) 312-8783 (domestic), or (408) 940-3874 (international) at least ten minutes prior to the scheduled start of the call.
  • To access the conference call recording, dial (855) 859-2056 (domestic) or (404) 537-3406 (international) and use the Conference ID: 3366916.
  • ABOUT RETAIL OPPORTUNITY INVESTMENTS CORP.
    Retail Opportunity Investments Corp. (NASDAQ: ROIC), is a fully-integrated, self-managed real estate investment trust (REIT) that specializes in the acquisition, ownership and management of grocery-anchored shopping centers located in densely-populated, metropolitan markets across the West Coast.

Blue Dot Capital and Diginex Announce Strategic Partnership to Future-Proof ESG Data Reporting

Wednesday, September 1, 2021 - 2:00pm

To meet the speed of growth and measure progress towards sustainability goals, investors need an ESG data reporting technology that offers seamless and reliable reporting solutions.

Key Points: 
  • To meet the speed of growth and measure progress towards sustainability goals, investors need an ESG data reporting technology that offers seamless and reliable reporting solutions.
  • Through the partnership, Blue Dot will harness the tech-enabled, data-driven capabilities provided by Diginex to offer ESG reporting solutions aimed at future-proofing investment management clients reporting processes.
  • We are thrilled to partner with Blue Dot as it continues its service expansion as a robust, one-stop ESG advisory firm, said Mark Blick, CEO of Diginex.
  • Blue Dot Capital partners with investors and investment managers to support the development and execution of ESG and impact investing capabilities across asset classes.

DGAP-News: Ferratum Capital Germany GmbH: Multitude SE publishes H1 2021 results

Thursday, August 19, 2021 - 7:01am

Multitude achieved an EBIT of EUR 7.7 million in Q2 2021 compared to EUR 12.3 million in Q2 2020.

Key Points: 
  • Multitude achieved an EBIT of EUR 7.7 million in Q2 2021 compared to EUR 12.3 million in Q2 2020.
  • In H1 2021 Group revenue stood at EUR 104.5 million, a decrease of 13.7% compared to H1 2020 (EUR 121.1 million).
  • The Group achieved a profit for the first half of 2021 of EUR 2.4 million (H1 2020: EUR - 2.3 million).
  • Fitch Ratings has affirmed the long-term rating of the senior unsecured notes issued by Ferratum Capital Germany GmbH at 'B+'/RR4 on 10 June 2021.

DGAP-News: Ferratum Oyj: Multitude SE publishes H1 2021 results

Thursday, August 19, 2021 - 7:01am

The Ferratum tribe revenues came in at EUR 89.8 million, a decrease of 14.1% y-o-y (H1 2020: 104.5 million) while CapitalBox reached EUR 11.2 million, losing 25.6% (H1 2020: 15.0 million).

Key Points: 
  • The Ferratum tribe revenues came in at EUR 89.8 million, a decrease of 14.1% y-o-y (H1 2020: 104.5 million) while CapitalBox reached EUR 11.2 million, losing 25.6% (H1 2020: 15.0 million).
  • Multitude achieved an EBIT of EUR 7.7 million in Q2 2021 compared to EUR 12.3 million in Q2 2020.
  • In H1 2021 Group revenue stood at EUR 104.5 million, a decrease of 13.7% compared to H1 2020 (EUR 121.1 million).
  • The Group achieved a profit for the first half of 2021 of EUR 2.4 million (H1 2020: EUR - 2.3 million).