AMRO Bank

Teleperformance declares Offer for Majorel unconditional 98.45% of Shares tendered under the Offer – Opening of the Post-Acceptance Period

Retrieved on: 
Friday, October 20, 2023

As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.

Key Points: 
  • As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.
  • Shareholders who have elected to receive the Share Consideration during the Offer Period or the Post-Acceptance Period will receive on the Second Settlement Date Teleperformance shares at an exchange ratio of 30/217.
  • Further information on the Post-Acceptance Period is included in Section 5.8 (Post-Acceptance Period) of the Offer Memorandum.
  • A maximum of 4,608,295 Teleperformance shares is available for issue under the Share Consideration, (i.e., a maximum of 33,333,334 Shares can be exchanged for Teleperformance shares).

BancTrust & Co. Investment Bank Announces Multiple New Hires to Bolster London Global Markets Team

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.
  • George Niedringhaus - Global Head of Syndicate, Grigoriy Kozin - Head of Business Development  Prime Services, and John Bloomer - Executive Director, recently joined the trading floor to focus on Global Emerging Markets.
  • He has extensive experience in prime brokerage, custody and electronic execution business in multiple asset classes including equities, listed derivatives, and FX.
  • His most recent position held was at British Arab Commercial Bank, trading FI credit portfolio's EM & IG, money markets, FX, and derivatives.

BancTrust & Co. Investment Bank Announces Multiple New Hires to Bolster London Global Markets Team

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets boutique investment bank, is pleased to announce three new hires to its London Global Markets team.
  • George Niedringhaus - Global Head of Syndicate, Grigoriy Kozin - Head of Business Development  Prime Services, and John Bloomer - Executive Director, recently joined the trading floor to focus on Global Emerging Markets.
  • He has extensive experience in prime brokerage, custody and electronic execution business in multiple asset classes including equities, listed derivatives, and FX.
  • His most recent position held was at British Arab Commercial Bank, trading FI credit portfolio's EM & IG, money markets, FX, and derivatives.

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Retrieved on: 
Thursday, September 28, 2023

"The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.

Key Points: 
  • "The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.
  • We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers", said Dagan Kasavana, Chief Executive Officer of PTI.
  • "By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth.
  • We are pleased to partner with such a strong lender group in this landmark transaction", said Michael Bremer, Chief Financial Officer of PTI.

PTI Secures €1.2 Billion Multi-Jurisdiction Transaction

Retrieved on: 
Thursday, September 28, 2023

"The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.

Key Points: 
  • "The multi-jurisdiction loan provides PTI with the flexibility to continue to grow our business across Europe with incremental liquidity available at our disposal.
  • We are excited to continue to expand our presence in Europe and deliver value-add infrastructure solutions to our customers", said Dagan Kasavana, Chief Executive Officer of PTI.
  • "By providing a flexible financing covering multiple jurisdictions, PTI was able to simplify its capital structure, reduce pricing, and access incremental funds to support future growth.
  • We are pleased to partner with such a strong lender group in this landmark transaction", said Michael Bremer, Chief Financial Officer of PTI.

EQS-News: ENCAVIS AG secures EUR 180 million non-recourse debt bridge facilities on project level to support its Accelerated Growth Strategy 2027

Retrieved on: 
Monday, September 4, 2023

Hamburg, 4 September 2023 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has successfully closed a EUR 180 million non-recourse revolving debt bridge financing facility with ABN AMRO Bank N.V. (NL) and COÖPERATIEVE RABOBANK U.A.

Key Points: 
  • Hamburg, 4 September 2023 – Hamburg-based wind and solar park operator Encavis AG, listed on the MDAX of Deutsche Börse AG (Prime Standard; ISIN: DE0006095003; ticker symbol: ECV) has successfully closed a EUR 180 million non-recourse revolving debt bridge financing facility with ABN AMRO Bank N.V. (NL) and COÖPERATIEVE RABOBANK U.A.
  • (NL) for solar PV projects in four of Encavis’ core markets, namely Denmark, Germany, Italy and Spain.
  • The non-recourse debt bridge financing facility will allow Encavis Bridge Financing GmbH, a fully owned subsidiary of Encavis AG, to finance ready-to-build (RTB) solar projects acquired from Encavis’ Strategic Development Partners (SDPs) as well as operating projects acquired in the four mentioned countries.
  • The debt bridge financing facility includes a EUR 150 million Revolving Debt Bridge Facility, as well as a EUR 20 million Letter of Credit Facility and a EUR 10 million VAT Facility, which can be utilised in EUR and DKK.

Gemcorp Capital appoints former UK Middle East Trade Commissioner to lead regional expansion

Retrieved on: 
Monday, September 4, 2023

DUBAI, United Arab Emirates, Sept. 03, 2023 (GLOBE NEWSWIRE) -- Gemcorp Capital Management today announces its expansion in the Middle East.

Key Points: 
  • DUBAI, United Arab Emirates, Sept. 03, 2023 (GLOBE NEWSWIRE) -- Gemcorp Capital Management today announces its expansion in the Middle East.
  • The new regional operation will be led by Simon Penney, formally His Majesty’s Trade Commissioner for the Middle East for the UK Government.
  • Under his tenure as the UK’s trade commissioner, trade with the region hit all-time highs alongside establishing multi-billion dollar investment partnerships with a number of Gulf countries.
  • "Gemcorp Capital has consistently demonstrated expertise in navigating the complexities of emerging markets, fostering capital investment and job creation and generating sustainable returns for its investors.”

SAP Announces Q2 2023 Results

Retrieved on: 
Thursday, July 20, 2023

WALLDORF, Germany, July 20, 2023 /PRNewswire/ -- SAP SE (NYSE: SAP) today announced its financial results for the second quarter ended June 30, 2023.

Key Points: 
  • SAP S/4HANA cloud revenue was up 74% to €823 million and up 79% at constant currencies.
  • Beyond that, Q2 IFRS operating profit growth benefitted from the restructuring expenses we reported in Q2 last year.
  • For details, please refer to section M in other disclosures in the Q2 2023 Quarterly Statement .
  • On April 26, 2023, SAP and HP Inc. announced an expansion of its strategic relationship as HP invested in the RISE with SAP solution to support its focus on driving digital transformation, portfolio optimization and operational efficiency.

Diana Shipping Inc. Announces Signing and Drawdown of a US$100 Million Term Loan Facility With DNB Bank ASA and a US$22.5 Million Term Loan Facility With Nordea Bank to Refinance Existing Loan Facilities

Retrieved on: 
Thursday, June 29, 2023

Yesterday, it concluded the drawdown of US$100 million, secured by ten vessels.

Key Points: 
  • Yesterday, it concluded the drawdown of US$100 million, secured by ten vessels.
  • The remaining proceeds may be used to pay transaction costs and expenses incurred in connection with the loan agreement and/or general corporate purposes.
  • On June 20, 2023, The Company also signed a term loan facility with Nordea Bank Abp, filial i Norge for up to US$22.5 million with maturity date in June 2028.
  • The proceeds from the loan facility refinanced the existing loan facility with an outstanding amount of approximately US$20.9 million, with Nordea Bank Abp, filial i Norge (maturity date in March 2024) related to the same four vessels.

DSM-Firmenich AG announces the successful placement of c. 6.7 million existing DSM-Firmenich ordinary shares through an accelerated bookbuild offering for a total amount of €733 million

Retrieved on: 
Thursday, May 25, 2023

KAISERAUGST, Switzerland and HEERLEN, Netherlands, May 25, 2023 /PRNewswire/ -- As announced on May 24, 2023, DSM-Firmenich AG (the "Company" or DSM-Firmenich) launched the sale of up to 6,696,477 existing DSM-Firmenich ordinary shares through an accelerated bookbuild offering of shares (the "Share Placement").

Key Points: 
  • The Company hereby announces that it has raised total proceeds of €733 million following the sale of 6,696,477 existing DSM-Firmenich ordinary shares to institutional investors, representing approximately 2.5% of DSM-Firmenich's share capital, at a price of €109.50 per share.
  • The book was multiple times oversubscribed.
  • The results of this exchange offer were announced by the Company on May 1, 2023.
  • Closing and settlement of the Share Placement is expected to occur on May 29, 2023.