Western Asset Management Company

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Friday, January 14, 2022 - 8:02am

The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T").

Key Points: 
  • The Capital Group Companies, Inc. ("CGC") is the parent company of Capital Research and Management Company ("CRMC") and Capital Bank & Trust Company ("CB&T").
  • CRMC is a U.S.-based investment management company that serves as investment manager to the American Funds family of mutual funds, other pooled investment vehicles, as well as individual and institutional clients.
  • CRMC is the parent company of Capital Group International, Inc. ("CGII"), which in turn is the parent company of five investment management companies ("CGII management companies"): Capital International, Inc., Capital International Limited, Capital International Srl,Capital International K.K, and Capital Group Private Client Services, Inc.CGII management companies and CB&T primarily serve as investment managers to institutional and high net worth clients.
  • CB&T is a U.S.-based investment management company that is a registered investment adviser and an affiliated federally chartered bank.

Pegasus Residential Sees 8.2% Increase in Lease Volume & 83% Decrease in Implementation Timelines After Expanding Partnership with REPLI

Retrieved on: 
Wednesday, January 12, 2022 - 4:02pm

This expansion involved migrating a vast majority of Pegasus' portfolio onto REPLI's digital marketing platform and managed services.

Key Points: 
  • This expansion involved migrating a vast majority of Pegasus' portfolio onto REPLI's digital marketing platform and managed services.
  • "We're honored and thankful Pegasus chose to expand their partnership with us.
  • Founded in 2018, REPLI is a leading prop-tech company that provides best-in-class websites and digital marketing solutions to multifamily organizations.
  • Pegasus Residential provides expertise in acquisitions, new development, and re-development; and, also serves as consultants in building and construction services for their clients.

Western Asset Middle Market Income Fund Inc. Announces Final Results of Tender Offer

Retrieved on: 
Friday, January 7, 2022 - 1:00pm

Western Asset Middle Market Income Fund Inc. (XWMFX) announced today the final results of its issuer tender offer for up to 2.5% of the outstanding common stock (Shares) or 4,047 Shares of the Fund at a price equal to the Funds net asset value per Share on the day on which the tender offer expired.

Key Points: 
  • Western Asset Middle Market Income Fund Inc. (XWMFX) announced today the final results of its issuer tender offer for up to 2.5% of the outstanding common stock (Shares) or 4,047 Shares of the Fund at a price equal to the Funds net asset value per Share on the day on which the tender offer expired.
  • Any questions about the tender offer can be directed to Georgeson LLC, the information agent for the tender offer, at (866) 431-2110.
  • Western Asset Middle Market Income Fund Inc. is a non-diversified closed-end management investment company.
  • Legg Mason Partners Fund Advisor, LLC, the Funds manager, is an indirect, wholly-owned subsidiary of Franklin Resources Inc. (Franklin Resources) and the Funds subadvisers, Western Asset Management Company, LLC, Western Asset Management Company Limited, Western Asset Management Company Ltd. and Western Asset Management Company Pte.

Western Asset Mortgage Capital Corporation Declares Fourth Quarter Dividend of $0.06 Per Share; Announces Focus on Residential Real Estate Related Investments

Retrieved on: 
Tuesday, December 21, 2021 - 10:46pm

Western Asset Mortgage Capital Corporation (the Company) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for the fourth quarter of 2021.

Key Points: 
  • Western Asset Mortgage Capital Corporation (the Company) (NYSE: WMC) announced today that its Board of Directors has declared a cash dividend of $0.06 per share for the fourth quarter of 2021.
  • Further, the estimated book value is as of November 30, 2021 and does not include the dividend announced today.
  • The Companys current GAAP book value may be materially different from the November 30, 2021 estimated GAAP book value.
  • The Company is announcing that, in consultation with its manager, Western Asset Management Company, LLC (the Manager), it intends to focus on residential real estate related investments, including but not limited to non-qualified mortgage loans, non-agency RMBS, and other related investments.

Western Asset Middle Market Income Fund Inc. (“XWMFX”) Announces Distribution for December 2021

Retrieved on: 
Thursday, December 16, 2021 - 1:00pm

Western Asset Middle Market Income Fund Inc.

Key Points: 
  • Western Asset Middle Market Income Fund Inc.
  • This press release is not for tax reporting purposes but is being provided to announce the amount of the Funds distribution that has been declared by the Board of Directors.
  • Western Asset Middle Market Income Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC, a wholly-owned subsidiary of Franklin Resources, Inc. (Franklin Resources) and is subadvised by Western Asset Management Company, LLC, an affiliate of the investment manager.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.franklintempleton.com/investments/options/closed-end-funds .

SFIO and NeuroSky sign $15-M partnership to bring biotech wearables to global markets

Retrieved on: 
Tuesday, November 30, 2021 - 2:30pm

NeuroSky is a Silicon Valley-based, private biotech company that specializes in electronic wearables such as watches, wrist bands, and headsets.

Key Points: 
  • NeuroSky is a Silicon Valley-based, private biotech company that specializes in electronic wearables such as watches, wrist bands, and headsets.
  • The agreement grants SFIO exclusive rights to sell NeuroSky products in New Zealand and the United Arab Emirates.
  • SFIO also has non-exclusive distribution rights in Malaysia, Singapore, Thailand, the United States, and other countries yet to be determined.
  • These new products will be manufactured by NeuroSky and will fall under a new white label brand currently being developed by SFIO.

SFIO Acquires PH-based Tech and Software Development Hub LNS+ to Establish Global, Cross-Industry Innovation Ecosystem

Retrieved on: 
Monday, November 22, 2021 - 2:30pm

With LNS+ and its subsidiaries now onboard, SFIO is formalizing the team into their new Technology and Software Development Division.

Key Points: 
  • With LNS+ and its subsidiaries now onboard, SFIO is formalizing the team into their new Technology and Software Development Division.
  • With 11 years of operation, LNS+ has established itself as a leading hub for technological excellence in the Philippines.
  • Altogether, LNS+ represents a fully fleshed out ecosystem of tech builders.
  • Now, Lacson plans to scale their digital transformation efforts globally with the establishment of tech innovation hubs across key strategic regions.

Western Asset Investment Grade Income Fund Inc. Announces Financial Position as of September 30, 2021

Retrieved on: 
Wednesday, November 17, 2021 - 1:00pm

To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.

Key Points: 
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • Western Asset Investment Grade Income Fund Inc. is a closed-end investment company that invests predominantly in a diversified portfolio of debt securities.
  • Its investment adviser is Western Asset Management Company; a subsidiary of Franklin Resources.
  • Western Asset Management Company has managed the Fund since its inception in March 1973.

Western Asset Emerging Markets Debt Fund Inc. Announces Financial Position as of September 30, 2021

Retrieved on: 
Wednesday, November 17, 2021 - 1:00pm

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • Western Asset Emerging Markets Debt Fund Inc., a non-diversified, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (LMPFA), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company, LLC (Western Asset), an affiliate of the investment manager.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.franklintempleton.com/investments/options/closed-end-funds .

Western Asset Mortgage Opportunity Fund Inc. Announces Financial Position as of September 30, 2021

Retrieved on: 
Wednesday, November 17, 2021 - 1:00pm

(b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.

Key Points: 
  • (b) NAVs are calculated as of the close of business on the last business day in the periods indicated above.
  • To obtain information on Forms N-PORT or a semi-annual or annual report from the Fund, shareholders can call 1-888-777-0102.
  • Western Asset Mortgage Opportunity Fund Inc., a non-diversified, limited term, closed-end management investment company, is managed by Legg Mason Partners Fund Advisor, LLC (LMPFA), a wholly-owned subsidiary of Franklin Resources and is sub-advised by Western Asset Management Company (Western Asset), an affiliate of the investment manager.
  • For more information about the Fund, please call 1-888-777-0102 or consult the Funds web site at www.franklintempleton.com/investments/options/closed-end-funds .