Trust-preferred security

EQS-News: Deutsche Bank AG Announces Tender Offer for Trust Preferred Securities issued by Deutsche Postbank Funding Trust I and issued by Deutsche Postbank Funding Trust III

Retrieved on: 
Thursday, December 14, 2023
Financial services, Offer and acceptance, Trust, Internet, Trust-preferred security, Financial Services Act, Security, E20, 12 Endeavour Square, Person, News, Tender, Finance, CONSOB, Trustee, Tender offer, United, MAR, Deutsche Bank, Communication, Telephone, FCA, Royal Legislative Decree (Spain), Email, Legislature, Commission, Security (finance), Cryptocurrency, Offers, Regulation, American Samoa

This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to either Offer.

Key Points: 
  • This announcement and the Tender Offer Memorandum contain important information which should be read carefully before any decision is made with respect to either Offer.
  • Any individual or company whose Trust Preferred Securities are held on its behalf by a broker, dealer, bank, custodian, trust company or other nominee must contact such entity if it wishes to tender such Trust Preferred Securities pursuant to the Offers.
  • None of the Offeror, the Dealer Manager and the Tender Agent makes any recommendation as to whether Holders should tender Trust Preferred Securities pursuant to the Offers.
  • Neither this announcement nor the Tender Offer Memorandum constitutes an offer to buy or a solicitation of an offer to sell Trust Preferred Securities (and tenders of Trust Preferred Securities in either Offer will not be accepted from Holders) in any circumstances in which such offer or solicitation is unlawful.

EQS-News: Deutsche Bank AG Announces Tender Offer Results for Trust Preferred Securities issued by Deutsche Postbank Funding Trust I and issued by Deutsche Postbank Funding Trust III

Retrieved on: 
Thursday, December 7, 2023
ISLAND, Offer and acceptance, Series, Security, Purchasing, ITS, Offers, Trust-preferred security, ANY, WAKE, Trust, Security (finance), GUAM, United States

Deutsche Bank Aktiengesellschaft (in its capacity as the entity making the Offers, the Offeror) announces today the results of its invitations to holders of the outstanding series of Trust Preferred Securities described below (each a Series and together the Trust Preferred Securities) to tender any and all of their Trust Preferred Securities for purchase by the Offeror for cash (each such invitation an Offer and together the Offers).

Key Points: 
  • Deutsche Bank Aktiengesellschaft (in its capacity as the entity making the Offers, the Offeror) announces today the results of its invitations to holders of the outstanding series of Trust Preferred Securities described below (each a Series and together the Trust Preferred Securities) to tender any and all of their Trust Preferred Securities for purchase by the Offeror for cash (each such invitation an Offer and together the Offers).
  • The Offeror announces that it has decided to accept for purchase all Trust Preferred Securities validly tendered pursuant to the Offers.
  • The Offeror will pay a Purchase Price for those Trust Preferred Securities accepted for purchase pursuant to the relevant Offer equal to: (i) in the case of the DPFT I Trust Preferred Securities, 77.00 per cent.
  • of the Liquidation Preference Amount of the relevant DPFT I Trust Preferred Securities; and (ii) in the case of the DPFT III Trust Preferred Securities, 77.00 per cent.

Top 10 Split Trust Announces Semi-Annual Results

Retrieved on: 
Tuesday, August 29, 2023
TSX, Toronto Stock Exchange, Trust-preferred security, Finance Secretary (India), Comprehensive income, Fund, Preferred, Capital, Security (finance)

TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the six months ended June 30, 2023.

Key Points: 
  • TORONTO, Aug. 29, 2023 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the six months ended June 30, 2023.
  • Increase in net assets attributable to holders of Capital Units amounted to $0.21 million or $0.37 per Capital Unit.
  • Net assets attributable to holders of Capital Units as at June 30, 2023 were $0.95 million or $1.70 per Capital Unit.
  • The Fund’s Capital Units and Preferred Securities are listed on Toronto Stock Exchange under the symbols TXT.UN and TXT.PR.A respectively.

Southern California Edison Declares Dividends

Retrieved on: 
Thursday, April 27, 2023
Utilities, Energy, Trust, Trust-preferred security, Series, Security (finance)

The Board of Directors of Southern California Edison today declared the following dividends:

Key Points: 
  • The Board of Directors of Southern California Edison today declared the following dividends:
    A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities.
  • A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities.
  • A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV’s 5.375% Trust Preference Securities.
  • A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities.

Plumas Bancorp Reports Record First Quarter Results

Retrieved on: 
Wednesday, April 19, 2023
Borrowing base, Federal Reserve Bank, Federal Reserve Bank of St. Louis, Security, Interest, FHLB, SECURE Act, Trust, Snow, Sale, Trust-preferred security, Risk, FRB, CECL, Federal Reserve Board of Governors, SBA, Growth, News, Bank, Security (finance), United States Treasury security

The average rate earned on FRB balances increased from 0.19% during the first quarter of 2022 to 4.59% during the current quarter.

Key Points: 
  • The average rate earned on FRB balances increased from 0.19% during the first quarter of 2022 to 4.59% during the current quarter.
  • During the first quarter of 2022 gain on sale of SBA 7(a) loans was abnormally high at $1.7 million.
  • Plumas Bancorp’s principal subsidiary is Plumas Bank, which was founded in 1980.
  • For more information on Plumas Bancorp and Plumas Bank, please visit our website at www.plumasbank.com.

Top 10 Split Trust Announces Year End Results

Retrieved on: 
Wednesday, March 29, 2023
TSX, Finance Secretary (India), Toronto Stock Exchange, Trust-preferred security, Stock fund, Fund, Preferred, Capital, Security (finance)

TORONTO, March 29, 2023 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the year ended December 31, 2022.

Key Points: 
  • TORONTO, March 29, 2023 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the “Fund”) announces results of operations for the year ended December 31, 2022.
  • Decrease in net assets attributable to holders of Capital Units amounted to $1.61 million or $2.77 per Capital Unit.
  • As at December 31, 2022, net assets attributable to holders of Capital Units were $0.78 million or $1.40 per Capital Unit.
  • The Fund’s Preferred Securities and Capital Units are listed on Toronto Stock Exchange under the symbols TXT.PR.A and TXT.UN respectively.

Edison International, Southern California Edison Declare Dividends

Retrieved on: 
Thursday, February 23, 2023
Energy, Green Technology, Utilities, Environment, Series, NYSE, SCE, Edison International, Trust, Trust-preferred security, Holding company, Security (finance), Clothing, Southern California Edison

The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, to be paid on April 30, 2023, to shareholders of record on March 31, 2023.

Key Points: 
  • The board of directors of Edison International (NYSE: EIX) today declared a quarterly common stock dividend of $0.7375 per share, to be paid on April 30, 2023, to shareholders of record on March 31, 2023.
  • The Edison International board of directors also declared the following dividends, payable on March 15, 2023, to shareholders of record on March 1, 2023:
    A semiannual dividend of $26.875 per share on the 5.375% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series A
    A semiannual dividend of $25.00 per share on the 5.00% Fixed-Rate Reset Cumulative Perpetual Preferred Stock, Series B
    Additionally, the board of directors of Southern California Edison today declared the following dividends:
    A quarterly dividend on the Series G preference stock, which would result in a distribution of $0.31875 per security on SCE Trust II’s 5.10% Trust Preference Securities
    A quarterly dividend on the Series H preference stock, which would result in a distribution of $0.359375 per security on SCE Trust III’s 5.75% Trust Preference Securities
    A quarterly dividend on the Series J preference stock, which would result in a distribution of $0.3359375 per security on SCE Trust IV’s 5.375% Trust Preference Securities
    A quarterly dividend on the Series K preference stock, which would result in a distribution of $0.340625 per security on SCE Trust V’s 5.45% Trust Preference Securities
    A quarterly dividend on the Series L preference stock, which would result in a distribution of $0.3125 per security on SCE Trust VI’s 5.00% Trust Preference Securities
    Each of these dividends is to be paid on March 15, 2023, to holders of record on March 14, 2023.
  • The SCE board also declared a quarterly dividend on the Series E preference stock of $22.2812 per share to be paid on May 1, 2023, to holders of record on April 5, 2023.

Whistic launches new Trust Center to deliver additional transparency to thousands of companies joining the Whistic Network

Retrieved on: 
Wednesday, November 2, 2022
Networks, Security, Supply Chain Management, Retail, Technology, Heart, Secure Network Programming, CEO, Trust, VP/CSS, Industry, Policy, Asana, Silicon, Privacy, TripActions, VP, Digital Trust Center, Compliance, Bloomfield Hall Schools, Trust-preferred security, Security, Publishing, Privacy policy, Online shopping, Airbnb, Atlassian

Whistic, the network for assessing, publishing and sharing vendor security information, announced today it is launching a new Trust Center , outlining its commitment to global security and privacy standards and transparently addressing important topics relevant to the thousands of companies joining the Whistic Network each month.

Key Points: 
  • Whistic, the network for assessing, publishing and sharing vendor security information, announced today it is launching a new Trust Center , outlining its commitment to global security and privacy standards and transparently addressing important topics relevant to the thousands of companies joining the Whistic Network each month.
  • Transparently communicating our security, privacy and compliance principles and practices is foundational to the trust the Whistic Vendor Security Network places in us, stated Nick Sorensen, CEO of Whistic.
  • The three pillars of Whistics Trust Center are:
    Trust and transparency are at the heart of everything we do at Whistic, added Jake Bernardes, VP of Security and Compliance at Whistic.
  • Located in the heart of Silicon Slopes in Utah, Whistic is the network for assessing, publishing and sharing vendor security information.

Top 10 Split Trust Announces Semi-Annual Results

Retrieved on: 
Friday, September 2, 2022
Finance Secretary (India), TSX, Capital, Toronto Stock Exchange, Trust-preferred security, Preferred, GLOBE, Income, Fund, Security (finance)

TORONTO, Sept. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the Fund) announces results of operations for the six months ended June 30, 2022.

Key Points: 
  • TORONTO, Sept. 02, 2022 (GLOBE NEWSWIRE) -- (TSX: TXT.UN; TXT.PR.A) Top 10 Split Trust (the Fund) announces results of operations for the six months ended June 30, 2022.
  • Decrease in net assets attributable to holders of Capital Units amounted to $1.47 million or $2.54 per Capital Unit.
  • Net assets attributable to holders of Capital Units as at June 30, 2022 were $0.98 million or $1.69 per Capital Unit.
  • The Funds Capital Units and Preferred Securities are listed on Toronto Stock Exchange under the symbols TXT.UN and TXT.PR.A respectively.

The Annual Insider Risk Summit Adds Expert Speakers from Atlassian, Booz Allen Hamilton, Kudelski Security, Microsoft, Optiv and PwC

Retrieved on: 
Thursday, August 25, 2022
Security, Technology, Training, Software, Education, Lazarus, Zero, Nexus, CPE, Tine (structural), CEO, Trust-preferred security, Additional insured, Management, Forrester, Identity management, Organization, SASE, Twitter, LLC, Summit, IP, Risk, Security, Microsoft, Time, Information privacy, Splunk, PricewaterhouseCoopers, CISO, GE Renewable Energy, CSO, Onion, IRM, Dolby Laboratories, Data loss, Detection, CRO, Delphi, Okta, EMEA, University of Antwerp, Computer security, Awareness, Mitigation, Gartner, News, LogRhythm, AVP, Hybrid, Hotel manager, Nature, University, Root cause analysis, CyberArk, Elevate, Business development, Bell–LaPadula model, CIO, CISO-FM, Compliance, CCO, IDC, Mobile phone, Risk management, Cassette tape, Tutoring, EU, Trace3, Atlassian, Trust, Optiv (cybersecurity company)

The Insider Risk Summit, the industrys leading conference on Insider Risk Management (IRM), brings together security leaders and practitioners and industry experts to learn, interact and share best practices in the IRM space.

Key Points: 
  • The Insider Risk Summit, the industrys leading conference on Insider Risk Management (IRM), brings together security leaders and practitioners and industry experts to learn, interact and share best practices in the IRM space.
  • The Insider Risk Summit is an annual event held every September during National Insider Threat Awareness Month #NITAM .
  • For the most up-to-date news about the Insider Risk Summit and the IRM community, go to insiderrisksummit2022.com or follow along on Twitter .
  • The Insider Risk Summit is a trademark of Code42 Software, Inc. in the United States and/or other countries.