UniCredit

European DataWarehouse Presents 2nd Annual Data Quality Awards

Retrieved on: 
Thursday, September 28, 2023

European DataWarehouse (EDW) presented its second annual Data Quality Awards today at the 2023 TSI Congress in Berlin.

Key Points: 
  • European DataWarehouse (EDW) presented its second annual Data Quality Awards today at the 2023 TSI Congress in Berlin.
  • This year EDW presented two awards; one for Best Data Quality – Deal of the Year (2022-2023), awarded to UniCredit Bank AG for their deal, Rosenkavalier 2008 GmbH and one for Best ESG Data Quality – Deal of the Year (2022-2023), which was awarded to Arval Service Lease for their deal, FCT Pulse France 2022.
  • “We are extremely proud to have won this year’s “Best Data Quality – Deal of the Year” award from European DataWarehouse (EDW).
  • EDW identified a need to introduce data quality scoring on a deal level to easily communicate data quality and monitor its improvements as early as 2016.

EQS-News: RENK Group AG: RENK Group AG and Triton set price range for Initial Public Offering on the Frankfurt Stock Exchange

Retrieved on: 
Monday, September 25, 2023

Susanne Wiegand, CEO of RENK Group AG, said: “Today is an important day on our path towards an IPO.

Key Points: 
  • Susanne Wiegand, CEO of RENK Group AG, said: “Today is an important day on our path towards an IPO.
  • Following the completion of the IPO, Triton will continue to hold a majority interest in RENK Group AG.
  • The free float, assuming placement of all offer shares, would be 27%, creating a liquid market for the shares of RENK Group AG.
  • RENK Group AG and Triton have each agreed to a lock-up period of six months after the shares are first traded on the Frankfurt Stock Exchange.

Fido rebrands as Trustfull as it accelerates global expansion

Retrieved on: 
Tuesday, September 12, 2023

Fido, the digital risk decisioning platform, has rebranded to Trustfull .

Key Points: 
  • Fido, the digital risk decisioning platform, has rebranded to Trustfull .
  • With the global digital identity management solutions market projected to reach $70.8 billion by 2030, Trustfull is poised to lead the charge on creating safe digital experiences.
  • Trustfull’s platform evaluates risks based on analysis of primary digital footprints: phone number, email address, IP address, device, and browser.
  • “Rebranding as Trustfull is more than a simple name change – it marks the start of a new era for us as a company,” stated Marko Maras, CEO and Founder of Trustfull.

Securitas issues a MEUR 600 Eurobond

Retrieved on: 
Wednesday, September 6, 2023

STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.

Key Points: 
  • STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.
  • The coupon was 4.375 percent including a margin of 120 basis points.
  • The proceeds will mainly be used to refinance existing debt.
  • The joint lead managers were BBVA, CIC, Citi, Commerzbank, Danske Bank, ING, SEB and UniCredit.

Securitas issues a MEUR 600 Eurobond

Retrieved on: 
Wednesday, September 6, 2023

STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.

Key Points: 
  • STOCKHOLM, Sept. 6, 2023 /PRNewswire/ -- Securitas has today successfully closed a MEUR 600 bond in the Eurobond market with maturity in 2029.
  • The coupon was 4.375 percent including a margin of 120 basis points.
  • The proceeds will mainly be used to refinance existing debt.
  • The joint lead managers were BBVA, CIC, Citi, Commerzbank, Danske Bank, ING, SEB and UniCredit.

Lowey Dannenberg, P.C., Scott+Scott Attorneys at Law LLP, DiCello Levitt LLP and Berman Tabacco Announce Notice of Proposed Settlements in European Government Bond Class Action

Retrieved on: 
Tuesday, September 5, 2023

If you are not sure if you are included in the Settlement Class, you can get more information, by visiting www.EuropeanGovernmentBondsSettlement.com or by calling toll-free 1-877-883-7336.

Key Points: 
  • If you are not sure if you are included in the Settlement Class, you can get more information, by visiting www.EuropeanGovernmentBondsSettlement.com or by calling toll-free 1-877-883-7336.
  • Plaintiffs allege that Defendants, including UniCredit, Natixis, JPMorgan, and State Street, conspired to fix the prices of European Government Bonds in the primary and/or secondary markets.
  • In the secondary market, Plaintiffs allege that Defendants, in control of the supply of newly issued European Government Bonds, agreed to fix bid-ask spreads.
  • This includes, Plaintiffs allege, agreeing on higher prices to charge investors for European Government Bonds.

EQS-News: Amprion GmbH: Amprion again successful with green bond in volume of €1.2 billion

Retrieved on: 
Wednesday, August 30, 2023

The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.

Key Points: 
  • The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.
  • The green dual-tranche bond was issued within Amprion's €9 billion debt issuance programme.
  • The second tranche with a volume of €700 million has a maturity of 11 years and an interest coupon of 4.125% p. a.
    Peter Rüth, CFO of Amprion: “We have once again successfully placed a dual-tranche green bond.
  • Moody's has assigned a Baa1 rating to the newly issued dual-tranche green bond.

EQS-News: Salzgitter Aktiengesellschaft: (Re)financing deal sealed for green steel production and general corporate financing

Retrieved on: 
Wednesday, August 30, 2023

Salzgitter Klöckner-Werke GmbH, a wholly owned subsidiary of Salzgitter AG (“the Salzgitter Group”), has entered into a revamped € 1.03 billion syndicated loan agreement.

Key Points: 
  • Salzgitter Klöckner-Werke GmbH, a wholly owned subsidiary of Salzgitter AG (“the Salzgitter Group”), has entered into a revamped € 1.03 billion syndicated loan agreement.
  • The company’s existing € 560 million credit line was raised to € 680 million, with a new € 350 million guarantee facility baked into the contract as well.
  • An ESG rendezvous clause is currently in the works; it will make the agreement the Salzgitter Group’s first-ever sustainability-linked loan.
  • According to Salzgitter AG CFO Burkhard Becker, “Our new syndicated financing is a very strong pillar in our financial strategy.

Davidson Kempner Capital Management Announces the Signing for the Sale of Prelios S.p.A.

Retrieved on: 
Friday, August 11, 2023

NEW YORK and LONDON, Aug. 11, 2023 /PRNewswire/ -- Davidson Kempner Capital Management LP ("Davidson Kempner"), a global investment management firm, announces the signing of a binding agreement with X3 Group ("X3"), a subsidiary of ION, for the sale of Prelios S.p.A. ("Prelios").

Key Points: 
  • NEW YORK and LONDON, Aug. 11, 2023 /PRNewswire/ -- Davidson Kempner Capital Management LP ("Davidson Kempner"), a global investment management firm, announces the signing of a binding agreement with X3 Group ("X3"), a subsidiary of ION, for the sale of Prelios S.p.A. ("Prelios").
  • Established in 1990 in Milan, Italy, Prelios is the Italian leader in alternative asset management, servicing and specialized property services with more than €40bn of assets under management across non-performing loans, unlikely-to-pay exposures and real estate funds.
  • Since investment funds advised by Davidson Kempner acquired the business in 2018, Prelios has been able to grow its revenue from €100m to over €300m while significantly improving profitability.
  • Goldman Sachs International acted as financial advisor and Linklaters LLP provided legal advice to Davidson Kempner.

Davidson Kempner Capital Management Announces the Signing for the Sale of Prelios S.p.A.

Retrieved on: 
Friday, August 11, 2023

NEW YORK and LONDON, Aug. 11, 2023 /PRNewswire/ -- Davidson Kempner Capital Management LP ("Davidson Kempner"), a global investment management firm, announces the signing of a binding agreement with X3 Group ("X3"), a subsidiary of ION, for the sale of Prelios S.p.A. ("Prelios").

Key Points: 
  • NEW YORK and LONDON, Aug. 11, 2023 /PRNewswire/ -- Davidson Kempner Capital Management LP ("Davidson Kempner"), a global investment management firm, announces the signing of a binding agreement with X3 Group ("X3"), a subsidiary of ION, for the sale of Prelios S.p.A. ("Prelios").
  • Established in 1990 in Milan, Italy, Prelios is the Italian leader in alternative asset management, servicing and specialized property services with more than €40bn of assets under management across non-performing loans, unlikely-to-pay exposures and real estate funds.
  • Since investment funds advised by Davidson Kempner acquired the business in 2018, Prelios has been able to grow its revenue from €100m to over €300m while significantly improving profitability.
  • Goldman Sachs International acted as financial advisor and Linklaters LLP provided legal advice to Davidson Kempner.