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Travel Experience Marketplace GetYourGuide Secures $194 Million to Accelerate Global Expansion and Product Innovation

Retrieved on:

Thursday, June 1, 2023

BERLIN, June 1, 2023 /PRNewswire/ -- GetYourGuide, the leading global platform for discovering and booking travel experiences, announced today the closing of $194 million in equity and credit financing. The round represents a valuation increase for the company and solidifies its leadership position in the industry. The strategic investment will be deployed to expand GetYourGuide's marketplace in key geographies such as North America and accelerate product innovation for both travelers and experience creators globally.

Key Points:

BERLIN, June 1, 2023 /PRNewswire/ -- GetYourGuide , the leading global platform for discovering and booking travel experiences, announced today the closing of $194 million in equity and credit financing.
The strategic investment will be deployed to expand GetYourGuide's marketplace in key geographies such as North America and accelerate product innovation for both travelers and experience creators globally.
Blue Pool Capital led the $85 million Series F funding round, with participation from KKR and Temasek.
UniCredit led the Revolving Credit Facility (RCF) of $109 million, with participation from BNP Paribas, Citi and KfW.

Travel Experience Marketplace GetYourGuide Secures $194 Million to Accelerate Global Expansion and Product Innovation

Retrieved on:

Thursday, June 1, 2023

BERLIN, June 1, 2023 /PRNewswire/ -- GetYourGuide, the leading global platform for discovering and booking travel experiences, announced today the closing of $194 million in equity and credit financing. The round represents a valuation increase for the company and solidifies its leadership position in the industry. The strategic investment will be deployed to expand GetYourGuide's marketplace in key geographies such as North America and accelerate product innovation for both travelers and experience creators globally.

Key Points:

BERLIN, June 1, 2023 /PRNewswire/ -- GetYourGuide , the leading global platform for discovering and booking travel experiences, announced today the closing of $194 million in equity and credit financing.
The strategic investment will be deployed to expand GetYourGuide's marketplace in key geographies such as North America and accelerate product innovation for both travelers and experience creators globally.
Blue Pool Capital led the $85 million Series F funding round, with participation from KKR and Temasek.
UniCredit led the Revolving Credit Facility (RCF) of $109 million, with participation from BNP Paribas, Citi and KfW.

UniCredit and Mastercard Expand Payments Partnership

Retrieved on:

Friday, May 26, 2023

UniCredit and Mastercard today announce a global expansion of their payment partnership.

Key Points:

UniCredit and Mastercard today announce a global expansion of their payment partnership.
View the full release here: https://www.businesswire.com/news/home/20230526005126/en/
The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy.
This enhanced multi-year partnership provides the necessary resources to achieve a shared ambition to increase the speed of innovation in the payments space and put customers at the center.
This expanded relationship will build on that experience to bring new innovations to UniCredit cardholders,” said Michael Miebach, CEO, Mastercard.

Globant Create: the new Studio that Helps Brands Leverage the Best of AI and Tech into Creativity and Marketing

Retrieved on:

Thursday, May 11, 2023

Kellogg, Marketing, McDonald's, Uber, Janssen, Samsung, Appetite, Macdonald, Creativity, KTBO, Acquisition, Data, Adobe, Growth, Digital, AI, La Liga, NYSE, Create, Sales, Industrial design, Nissan, Habitants, Globant, UniCredit, Mattel, Studio, Salesforce

NEW YORK, May 11, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today the launch of Globant Create, a new Studio that combines creativity, marketing, and media with AI, Data, and other cutting-edge technologies to develop full 360 marketing strategies. Globant Create will offer current and future clients new ways of engaging and surprising users.

Key Points:

Globant Create will offer current and future clients new ways of engaging and surprising users.
The ever-evolving technological landscape and the exponential growth of AI-based digital products increased consumer's demand and appetite for top-quality digital experiences across every industry.
With an agency approach enhanced with AI, Globant Create will provide a full-funnel service that addresses every aspect of digital marketing: from strategy to engagement, from technology to creativity, from acquisition to loyalty, from insights to meaningful experiences.
"At Globant Create, we believe in technology as the vehicle to make the world move forward, and in creativity as the energy behind it," he added.

Globant Create: the new Studio that Helps Brands Leverage the Best of AI and Tech into Creativity and Marketing

Retrieved on:

Thursday, May 11, 2023

NEW YORK, May 11, 2023 /PRNewswire/ -- Globant (NYSE: GLOB), a digitally native company focused on reinventing businesses through innovative technology solutions, announced today the launch of Globant Create, a new Studio that combines creativity, marketing, and media with AI, Data, and other cutting-edge technologies to develop full 360 marketing strategies. Globant Create will offer current and future clients new ways of engaging and surprising users.

Key Points:

Globant Create will offer current and future clients new ways of engaging and surprising users.
The ever-evolving technological landscape and the exponential growth of AI-based digital products increased consumer's demand and appetite for top-quality digital experiences across every industry.
With an agency approach enhanced with AI, Globant Create will provide a full-funnel service that addresses every aspect of digital marketing: from strategy to engagement, from technology to creativity, from acquisition to loyalty, from insights to meaningful experiences.
"At Globant Create, we believe in technology as the vehicle to make the world move forward, and in creativity as the energy behind it," he added.

Vishay Intertechnology Announces Amendment and Extension of $750 Million Credit Facility

Retrieved on:

Monday, May 8, 2023

MALVERN, Pa., May 08, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) (“Vishay” or the “Company”) today announced that it has entered into an amendment and restatement of its $750 million credit facility.

Key Points:

MALVERN, Pa., May 08, 2023 (GLOBE NEWSWIRE) -- Vishay Intertechnology, Inc. (NYSE: VSH) (“Vishay” or the “Company”) today announced that it has entered into an amendment and restatement of its $750 million credit facility.
The amended and restated credit facility also allows for borrowings in euro, British sterling, and Japanese yen, subject to a $250 million limit.
Based on Vishay's current total leverage ratio, borrowings bear interest at SOFR plus 1.60%, including the applicable credit spread.
Lori Lipcaman, Vishay's Chief Financial Officer said, "The amendment and extension of our credit facility provides us with more than ample financial and operating flexibility to execute our plans for growth."

Spectrum Markets welcomes UniCredit Bank AG as newest member with listing of securitised derivatives

Retrieved on:

Wednesday, May 3, 2023

Kari Underly, UniCredit, Partnership, Equity, Bank, Security (finance), Nightclub, Spectrum

FRANKFURT, Germany, May 3, 2023 /PRNewswire/ -- Spectrum Markets ('Spectrum'), the pan-European trading venue for securitised derivatives, today announced UniCredit Bank AG (hereafter referred to as 'UniCredit') as its newest member.

Key Points:

FRANKFURT, Germany, May 3, 2023 /PRNewswire/ -- Spectrum Markets ('Spectrum'), the pan-European trading venue for securitised derivatives, today announced UniCredit Bank AG (hereafter referred to as 'UniCredit') as its newest member.
The pan-European bank will initially list a series of constant leverage warrants and covered warrant products, making these available to retail investors across Europe via their broker or bank.
UniCredit's eventual product mix will be comprised of short-term, leveraged, and longer-term investment products – with the bank providing liquidity as a market maker.
Our partnership with Spectrum Markets is the next step in this journey".

AtlasEdge announces milestone €725 million finance facility

Retrieved on:

Tuesday, April 25, 2023

Data Management, Technology, Software, Networks, Internet, Hardware, Scotiabank, Banco Santander, ABN AMRO, ING, Ropes & Gray, Acquisition, UniCredit, Bank, ING Group, CFO, NatWest

The financing package consists of €525 million in committed debt financing and a further €200 million uncommitted accordion.

Key Points:

The financing package consists of €525 million in committed debt financing and a further €200 million uncommitted accordion.
The accordion feature enables AtlasEdge to target capital toward customer-led growth projects and expand the facility based on future demand.
Having already underpinned the company’s recent acquisition of Datacenter One, Germany’s leading independent data centre provider, the new facility provides AtlasEdge with considerable firepower to execute further strategic M&A and build new efficient and sustainable sites throughout Europe’s key markets.
“This is a bespoke and highly sought-after facility with in-built flexibility that allows us to move rapidly to realise new growth opportunities."

EQS-News: Gerresheimer AG: Gerresheimer AG successfully completes EUR 271.6 million capital increase

Retrieved on:

Tuesday, April 18, 2023

"We would like to thank investors for the support they have shown for our capital increase.

Key Points:

"We would like to thank investors for the support they have shown for our capital increase.
It opens up the opportunity for us to reach the next level of sustainable value creation", said Dietmar Siemssen, CEO of Gerresheimer AG.
The net proceeds from the capital increase will provide us with flexibility to invest particularly in attractive opportunities around GLP-1 and in biologics.
Gerresheimer AG does not assume any liability or guarantee for such forward-looking statements and will not adjust them to any future results and developments.

EQS-News: Oldenburgische Landesbank AG: OLB successfully completes first synthetic risk transfer

Retrieved on:

Saturday, April 15, 2023

SKS, Oldenburgische Landesbank, UniCredit, Degussa Bank, Bank, Common equity, SK Group, CET, OLB

Oldenburgische Landesbank AG (OLB) successfully completed its first synthetic risk transfer.

Key Points:

Oldenburgische Landesbank AG (OLB) successfully completed its first synthetic risk transfer.
Under the transaction, potential default risks were transferred to investors, but the actual contractual relationship between OLB and its borrowers remained unaffected.
"With our first synthetic risk transfer, we have strengthened our balance sheet and will be able to manage it even more efficiently in the future," says Dr Rainer Polster, Chief Financial Officer of OLB.
OLB was advised by Clifford Chance, Iconicchain, UniCredit and SKS Group regarding the transaction.