Unsecured debt

Golden Eagle Lending's Pre-Christmas Day Webinar on Credit Card Debt Consolidation Draws Over 10,000 Participants

Retrieved on: 
Tuesday, December 12, 2023

BLOOMFIELD HILLS, Mich., Dec. 12, 2023 /PRNewswire/ -- Golden Eagle Lending, a prominent player in the financial services industry, recently hosted a highly engaging pre-Christmas Day webinar, focusing on the critical issue of credit card debt consolidation. This well-timed event captivated an audience of over 10,000 participants, signaling the significant demand for financial literacy and effective debt management strategies. "Our goal was to demystify the complexities of credit card debt and offer realistic solutions. The overwhelming turnout and positive feedback have affirmed the relevance of this topic," commented a Golden Eagle Lending spokesperson.

Key Points: 
  • BLOOMFIELD HILLS, Mich., Dec. 12, 2023 /PRNewswire/ -- Golden Eagle Lending, a prominent player in the financial services industry, recently hosted a highly engaging pre-Christmas Day webinar, focusing on the critical issue of credit card debt consolidation.
  • "Our goal was to demystify the complexities of credit card debt and offer realistic solutions.
  • Golden Eagle Lending's webinar provided an insightful exploration of various debt consolidation options, including fixed-rate loans as a means to replace high-interest credit card payments with more manageable monthly obligations.
  • Impact on Credit Scores: Discussion on how debt consolidation can positively affect credit scores, especially for those in prime credit tiers.

US Foods Reports Third Quarter Fiscal Year 2023 Earnings

Retrieved on: 
Thursday, November 9, 2023

US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2023.

Key Points: 
  • US Foods Holding Corp. (NYSE: USFD), one of the largest foodservice distributors in the United States, today announced results for the third quarter fiscal year 2023.
  • The ratio of Net Debt to Adjusted EBITDA was 2.9x at the end of the third quarter of fiscal 2023, compared to 3.5x at the end of fiscal 2022 and 3.7x at the end of the third quarter of fiscal 2022.
  • During the third quarter of fiscal 2023, the Company repurchased 0.7 million shares of common stock at an aggregate purchase price of $29 million.
  • During the third quarter of fiscal 2023, the Company acquired Renzi Foodservice, a broadline distributor in New York for a purchase price of $142 million.

EQS-News: Steinhoff International Holdings N.V. : ANNOUNCEMENT OF VOTING RESULTS WHOA RESTRUCTURING PLAN

Retrieved on: 
Thursday, June 1, 2023

The voting period in connection with the Dutch law restructuring plan (akkoord) (“WHOA Restructuring Plan”) of Steinhoff International Holdings N.V. (“SIHNV”) ended on 24 May 2023 at 23:59 CET.

Key Points: 
  • The voting period in connection with the Dutch law restructuring plan (akkoord) (“WHOA Restructuring Plan”) of Steinhoff International Holdings N.V. (“SIHNV”) ended on 24 May 2023 at 23:59 CET.
  • Unless defined otherwise, terms used in this announcement will have the meaning given to them in the WHOA Restructuring Plan.
  • 100 per cent of the Class of Affected CPU Creditors voted in favour of the WHOA Restructuring Plan.
  • The Class of Unsecured Intra-Group Creditor has therefore approved the WHOA Restructuring Plan
    10.38 per cent of the Class of SIHNV Shareholders voted in favour of the WHOA Restructuring Plan.

Nexus Industrial REIT Enters Into Unsecured Credit Facilities Totalling $375 Million

Retrieved on: 
Thursday, March 2, 2023

TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the "REIT") (TSX: NXR.UN) announced today that it has entered into senior unsecured credit facilities totalling $375 million (the “Unsecured Facilities”).

Key Points: 
  • TORONTO, March 02, 2023 (GLOBE NEWSWIRE) -- Nexus Industrial REIT (the "REIT") (TSX: NXR.UN) announced today that it has entered into senior unsecured credit facilities totalling $375 million (the “Unsecured Facilities”).
  • The Unsecured Facilities are comprised of a $190 million revolving facility, a $175 million term loan facility and a $10 million swingline facility, and allow the REIT to borrow in the form of banker’s acceptances or prime rate advances.
  • At closing of the Unsecured Facilities, the REIT had an unencumbered asset pool of $310 million.
  • The Unsecured Facilities replace the REIT’s previous $140 million secured credit facility.

Sienna Senior Living Inc. Reports Fourth Quarter and Year-End 2022 Financial Results And Advances Long-Term Care Redevelopment Initiatives

Retrieved on: 
Thursday, February 23, 2023

MARKHAM, Ontario, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months and year ended December 31, 2022.

Key Points: 
  • MARKHAM, Ontario, Feb. 23, 2023 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (“Sienna” or the “Company”) (TSX: SIA) today announced its financial results for the three months and year ended December 31, 2022.
  • 2022 was a significant year for Sienna, positioning the Company well for sustainable long-term growth in a more challenging macro-economic environment in 2023.
  • “In 2023, we intend to capture the growth potential inherent in our retirement segment, advance our long-term care redevelopment initiatives, and continue with our platform enhancements.
  • Rising Rental Rates – Annual rate increases in the Retirement portfolio of approximately 5%, in line with market rate increases.

Global Health Care Security System Market 2022: Featuring Siemens, Bosch, Honeywell, Cisco, ADT Security & More

Retrieved on: 
Friday, November 4, 2022

DUBLIN, Nov. 4, 2022 /PRNewswire/ --The "Global Health Care Security System Market: Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Nov. 4, 2022 /PRNewswire/ --The "Global Health Care Security System Market: Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global health care security market is projected to grow at a CAGR of 10%.
  • The nature of their business poses unique security challenges that can leave them susceptible to theft & internal misuse.
  • In past few years there is rise in cybercrime & activity breaching the access in health care systems.

Global Health Care Security System Market 2022: Significant Rise in Insider Fraud Driving Growth - ResearchAndMarkets.com

Retrieved on: 
Wednesday, October 26, 2022

The "Global Health Care Security System Market: Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Health Care Security System Market: Size, Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2022-2030" report has been added to ResearchAndMarkets.com's offering.
  • The global health care security market is projected to grow at a CAGR of 10%.
  • Emerging healthcare technology & innovation are the driving force of the market's growth and therefore, are a key priority prime priority.
  • In past few years there is rise in cybercrime & activity breaching the access in health care systems.

Celsius Appoints Chris Ferraro to the Role of Chief Restructuring Officer & Interim Chief Executive Officer as Alex Mashinsky Steps Down

Retrieved on: 
Tuesday, September 27, 2022

Celsius Network Limited (Celsius'' or the Company) today announced that it has appointed Chris Ferraro to the role of Chief Restructuring Officer & Interim Chief Executive Officer and that Co-founder & Chief Executive Officer Alex Mashinsky has resigned as Chief Executive Officer effective immediately.

Key Points: 
  • Celsius Network Limited (Celsius'' or the Company) today announced that it has appointed Chris Ferraro to the role of Chief Restructuring Officer & Interim Chief Executive Officer and that Co-founder & Chief Executive Officer Alex Mashinsky has resigned as Chief Executive Officer effective immediately.
  • The announcement was made by David Barse and Alan Carr, Special Committee members of the Board of Directors of Celsius.
  • Barse and Carr have found that since the start of the chapter 11 proceedings, seasoned finance executive Chris Ferraro has been a valued executive in very challenging circumstances.
  • Ferraro was previously appointed Chief Financial Officer of Celsius.

Top Ships Inc. Announces Delivery of 1st VLCC, Sale of 2 Product Tankers and Fully-Funded Status of Current Newbuilding Program with New Sources of Capital

Retrieved on: 
Friday, January 21, 2022

The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $68.8 million.

Key Points: 
  • The revenue backlog expected to be generated by this fixture, assuming all options are exercised, is about $68.8 million.
  • The facility contains customary financial and other covenants including with respect to a change in voting control of the Company.
  • The Company has in place a facility with the same financier with substantially similar terms for the M/T Legio X Equestris (Hull No.
  • The words believe, anticipate, intends, estimate, forecast, project, plan, potential, may, should, expect pending and similar expressions identify forward-looking statements.

Domtar Corporation Announces the Expiration of the Change of Control Offers to Purchase Its 6.25% Senior Notes Due 2042 and Its 6.75% Senior Notes Due 2044

Retrieved on: 
Wednesday, January 5, 2022

Domtar Corporation (the Company) today announced the expiration of its previously announced offers to purchase (the Offers) any and all of its outstanding 6.25% Senior Notes due 2042 (CUSIP No.

Key Points: 
  • Domtar Corporation (the Company) today announced the expiration of its previously announced offers to purchase (the Offers) any and all of its outstanding 6.25% Senior Notes due 2042 (CUSIP No.
  • US257559AJ34) (the 2042 Notes) and 6.75% Senior Notes due 2044 (CUSIP No.
  • US257559AK07) (the 2044 Notes and, together with the 2042 Notes, the Unsecured Notes).
  • The Company intends to pay for all Unsecured Notes delivered and not validly withdrawn pursuant to the Offers on January 7, 2022.