Loan

The Law Offices of Frank R. Cruz Announces Investigation on Behalf of Kingold Jewelry, Inc. Investors (KGJI)

Wednesday, July 1, 2020 - 12:20am

The Law Offices of Frank R. Cruz announces an investigation on behalf of Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI ) investors concerning the Company and its officers possible violations of federal securities laws.

Key Points: 
  • The Law Offices of Frank R. Cruz announces an investigation on behalf of Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI ) investors concerning the Company and its officers possible violations of federal securities laws.
  • If you are a shareholder who suffered a loss, click here to participate.
  • On June 29, 2020, multiple news outlets reported that Kingold may have used counterfeit gold as collateral to secure loans from more than a dozen Chinese financial institutions.
  • This press release may be considered Attorney Advertising in some jurisdictions under the applicable law and ethical rules.

Quinte Financial Technologies July 8th Webinar Will Address Increased Credit Risks and Loan Demand for Credit Unions and Banks

Wednesday, June 24, 2020 - 1:38pm

NEW YORK, June 24, 2020 /PRNewswire/ -- Quinte Financial Technologies Inc. (Quinte) announced today that its complimentary July 8th Webinar, entitled "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks," will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which:

Key Points: 
  • NEW YORK, June 24, 2020 /PRNewswire/ -- Quinte Financial Technologies Inc. (Quinte) announced today that its complimentary July 8th Webinar, entitled "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks," will provide Credit Unions, Community Banks and Credit Union Service Organizations (CUSOs) with insights and best practices to address economic conditions in which:
    Individuals and companies are struggling to repay loans,
    Credit losses in loan portfolios are continuing to rise, and
    Historically low interest rates are driving demand for new loans.
  • Mr. Kordelski will provide practical guidance on:
    Quinte's "Managing Credit Risk & Increased Loan Demand: A Playbook for Credit Unions and Banks" Webinar is scheduled for Wednesday, July 8th, starting at 2:00 p.m. EDST.
  • Click here to register on a complimentary basis for the webinar .
  • About Quinte Financial Technologies Inc.
    Quinte combines computer science disciplines (including ML, AI and data analytics), deep industry expertise and human intelligence to help clients manage financial crime-related risks, meet regulatory requirements, and strengthen customer experience.

Coast to Coast Motors Provides Zero % APR Financing Rates for Its Customers

Thursday, June 18, 2020 - 7:00pm

HOUSTON, June 18, 2020 /PRNewswire-PRWeb/ -- Coast to Coast Motors, a dealership group with locations in Texas and Oklahoma, is offering a zero APR financing rate to its customers right now.

Key Points: 
  • HOUSTON, June 18, 2020 /PRNewswire-PRWeb/ -- Coast to Coast Motors, a dealership group with locations in Texas and Oklahoma, is offering a zero APR financing rate to its customers right now.
  • This zero % APR financing rate is available with the purchase of a pre-owned vehicle at the dealership and a 36-month car loan.
  • The dealership offers online tools for customers to get credit approval and see if they qualify for the zero % APR financing offer.
  • Contact information for the dealership can be found on its website and customers can contact Coast to Coast Motors with any questions or concerns.

S&P/Experian Consumer Credit Default Indices Show Drop In Composite Rate In May 2020

Tuesday, June 16, 2020 - 3:09pm

Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

BWX Technologies Announces the Closing of its Senior Notes Offering

Friday, June 12, 2020 - 4:10pm

BWX Technologies, Inc. (NYSE:BWXT) (BWXT) announced today the closing of its previously announced offering of $400 million aggregate principal amount of 4.125% senior notes due 2028 (the Notes) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the Act).

Key Points: 
  • BWX Technologies, Inc. (NYSE:BWXT) (BWXT) announced today the closing of its previously announced offering of $400 million aggregate principal amount of 4.125% senior notes due 2028 (the Notes) in a private transaction exempt from the registration requirements of the Securities Act of 1933, as amended (the Act).
  • The Notes are guaranteed by each of BWXTs present and future direct and indirect wholly owned domestic subsidiaries that is a guarantor under BWXTs credit facility.
  • BWXT used the net proceeds from the offering of the Notes (1) to repay in full all indebtedness outstanding under its senior secured term loans, (2) to repay a portion of the amount outstanding under its senior secured revolving credit facility and (3) to pay all fees and expenses related to the offering.
  • At BWX Technologies, Inc. (NYSE:BWXT), we are People Strong, Innovation Driven.

4 Top Ways to Rebalance Your Credit Habits

Tuesday, June 9, 2020 - 5:34pm

For more loan and credit education, visit myFICO's blog at https://www.myfico.com/credit-education/blog

Key Points: 
  • For more loan and credit education, visit myFICO's blog at https://www.myfico.com/credit-education/blog
    It's more than likely your financial status has changed since the start of the pandemic, and you might be looking for ways to declutter your debt and rebalance your credit habits.
  • What follows are 4 of the best ways to start changing your credit habits, so saving money and maintaining financial resilience will become an enjoyable habit rather than an inconsistent chore.
  • These are charges that appear on your credit card statement either without your knowledge or due to businesses using dishonest tactics.
  • You can also call your credit card company to see if they'll lower your interest rate at least for a little while.

DGAP-News: Polyus Finance Plc: Director/PDMR Shareholding

Thursday, May 28, 2020 - 11:02am

PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company") announces that on 28 May 2020 it was notified by Polyus Gold International Limited ("PGIL") that all GDRs lent to Deutsche Bank AG, London Branch and J.P. Morgan Securities plc pursuant to the stock lending arrangements of January 2018 were returned to PGIL following the completion of the conversion of all outstanding convertible bonds by Polyus Finance plc and expiry of the stock lending arrangements.

Key Points: 
  • PJSC Polyus (LSE, MOEX - PLZL) ("Polyus", the "Company") announces that on 28 May 2020 it was notified by Polyus Gold International Limited ("PGIL") that all GDRs lent to Deutsche Bank AG, London Branch and J.P. Morgan Securities plc pursuant to the stock lending arrangements of January 2018 were returned to PGIL following the completion of the conversion of all outstanding convertible bonds by Polyus Finance plc and expiry of the stock lending arrangements.
  • The stock lending arrangements were entered into by PGIL for the purposes of facilitating hedging activities of investors in the senior unsecured guaranteed convertible bonds issued by Polyus Finance plc and guaranteed jointly and severally by the Company and Joint Stock Company Polyus Krasnoyarsk.
  • Polyus is the largest gold producer in Russia and one of the top 5 gold miners globally with the lowest cost position.
  • The Polyus group's principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).

BBVA USA recounts Paycheck Protection Program results to date, lends $3.3 billion

Tuesday, May 26, 2020 - 6:00pm

In the case of PPP, the bank lent in less than 60 days what it might typically do over the course of ten years.

Key Points: 
  • In the case of PPP, the bank lent in less than 60 days what it might typically do over the course of ten years.
  • "This program has by far outpaced any previous small business lending that we have done," said BBVA USA Executive Director of Business Banking Elizabeth Dobers.
  • If all employees are retained throughout the designated time period, businesses may be eligible to have their loan balances forgiven.
  • Click here for more information on how to apply for a PPP loan through BBVA USA.

S&P/Experian Consumer Credit Default Indices Show Lower Composite Rate In April 2020

Tuesday, May 19, 2020 - 3:01pm

Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.

Key Points: 
  • Jointly developed by S&P Dow Jones Indices LLC and Experian, the S&P/Experian Consumer Credit Default Indices are published on the third Tuesday of each month at 9:00 am ET.
  • They are constructed to track the default experience of consumer balances in four key loan categories: auto, bankcard, first mortgage lien and second mortgage lien.
  • The Indices are calculated based on data extracted from Experian's consumer credit database.
  • More assets are invested in products based on our indices than products based on indices from any other provider in the world.

HanesBrands Announces Offering of Senior Notes

Thursday, April 30, 2020 - 1:00pm

HanesBrands (NYSE: HBI) announced today that it is planning to offer $500 million aggregate principal amount of senior unsecured notes due 2025 in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the Securities Act), subject to market and other customary conditions.

Key Points: 
  • HanesBrands (NYSE: HBI) announced today that it is planning to offer $500 million aggregate principal amount of senior unsecured notes due 2025 in a private offering that is exempt from registration under the Securities Act of 1933, as amended (the Securities Act), subject to market and other customary conditions.
  • The notes will be senior unsecured obligations of HanesBrands and will be guaranteed on a senior unsecured basis by certain of HanesBrands domestic subsidiaries that guarantee its credit facilities or certain other indebtedness.
  • HanesBrands currently intends to use the net proceeds from the offering to repay the outstanding borrowings under its revolving loan facility, to pay related fees and expenses, and, the remainder, for general corporate purposes.
  • These forward-looking statements are made only as of the date of this release and are based on HanesBrands current intent, beliefs, plans and expectations.