Repayment plan

Secure Trust Bank Partners with EXUS for Debt Collections and Recovery Technology

Retrieved on: 
Tuesday, June 20, 2023
Professional Services, Data Management, Technology, Finance, Software, Fintech, Repayment plan, RFP, EFS, STB, Partnership, Secure Trust Bank

Secure Trust Bank (STB), an award-winning UK retail bank, has selected EXUS Software UK, the global leader in debt collections and recovery technology, to optimise its collections operations, through a data driven, zero customisations approach.

Key Points: 
  • Secure Trust Bank (STB), an award-winning UK retail bank, has selected EXUS Software UK, the global leader in debt collections and recovery technology, to optimise its collections operations, through a data driven, zero customisations approach.
  • EXUS’ long-term experience from working with banking and finance institutions across 4 continents, coupled with its award-winning debt collections software platform, made them the ideal strategic partner for Secure Trust Bank.
  • Using a single platform, the bank managed to reduce the complexity of business processes, streamline all communications with customers and gain full visibility of the complete customer journey in collections.
  • During the project both teams challenged each other, always questioning how EXUS’ debt collections technology could be best utilized to achieve STB’s expected business results.

PolyPid Announces Closing of Underwritten Public Offering, Including Full Exercise of Overallotment Option, and Concurrent Private Placement with $11.4 Million in Aggregate Gross Proceeds

Retrieved on: 
Friday, March 31, 2023
SHIELD, Exercise, Also, Public offering, Polypide, Telephone, Common stock, Public, Enterprise file synchronization and sharing, Sale, Suite, ATTN:, Repayment plan, Form, Security (finance)

The Company also announced the closing of a concurrent private placement of pre-funded warrants with certain of its existing shareholders with gross proceeds of $4.35 million.

Key Points: 
  • The Company also announced the closing of a concurrent private placement of pre-funded warrants with certain of its existing shareholders with gross proceeds of $4.35 million.
  • PolyPid intends to use the net proceeds from the Public Offering and the private placement to fund ongoing clinical activities and development of D-PLEX100, working capital and other general corporate purposes.
  • Newbridge Securities Corporation is acting as the sole book-running manager of the Public Offering and as agent of the private placement.
  • The Public Offering was comprised of 14,660,000 Ordinary Shares, at a public offering price of $0.42 per share.

PaymentVision to Host Webinar on Visa Rule Updates for Collection Agencies and Debt Repayment on April 15th, 2023

Retrieved on: 
Tuesday, April 4, 2023
MCC, Repayment plan, Visa, Knowledge, Collection, Norwegian National Collection Agency, Merchant category code, Property management, Bank, Payment card

JACKSONVILLE, Fla., April 4, 2023 /PRNewswire/ -- PaymentVision, a leading provider of payment processing solutions, is pleased to announce an upcoming webinar titled "Visa Rule Updates for Collection Agencies and Repayments of Debt or Overdue Receivables" on April 15th, 2023.

Key Points: 
  • JACKSONVILLE, Fla., April 4, 2023 /PRNewswire/ -- PaymentVision , a leading provider of payment processing solutions, is pleased to announce an upcoming webinar titled "Visa Rule Updates for Collection Agencies and Repayments of Debt or Overdue Receivables" on April 15th, 2023.
  • Visa has recently notified its business network that new rules for debt repayment are coming into effect on April 15, 2023.
  • The webinar aims to provide an in-depth understanding of the new Visa rule updates and the impact on businesses that fall under the category of collection agencies.
  • The webinar will also provide guidance on the necessary disclosures that collection agencies must make when processing a Visa card payment.

Prairie Provident Resources Announces Transformative Recapitalization Transactions

Retrieved on: 
Wednesday, March 29, 2023
Unit, Person, Fund for Protection of Investors' Rights in Foreign States, Lung compliance, Equity, Agent, Security (finance), Acquisition, Repayment plan, Toronto Stock Exchange, News, PPR, Recapitalization, Commodity, Amendment, National instrument, Debt, Mortgage law, TSX, Growth, Common, Exercise, Adjustment, CAD, Regulation, Acceleration, Indian stock exchange, SOFR, Equity (finance), Sale, Prospectus, Bank, PCEP, Rare-earth element, Commercial property, Cryptocurrency, Holding company, USD, Subordination, Warrant, Holder in due course

Going forward, completion of the Recapitalization is expected to provide Prairie Provident with a sustainable capital structure and the capital resources necessary to optimize its current producing assets as well as develop its currently undeveloped land base, for the benefit of all stakeholders.

Key Points: 
  • Going forward, completion of the Recapitalization is expected to provide Prairie Provident with a sustainable capital structure and the capital resources necessary to optimize its current producing assets as well as develop its currently undeveloped land base, for the benefit of all stakeholders.
  • In recent years, Prairie Provident has faced an increasingly challenging lack of liquidity and deteriorating capital resource position.
  • Prairie Provident intends to close the Equity Financing as soon as possible in order to address its near-term working capital needs.
  • As the Noteholder will, after giving effect to the Subordinated Notes Conversion, Warrant Exercise and Equity Financing, hold more than 80% of the outstanding Common Shares after the Recapitalization, the Noteholder will be a 'control person' of Prairie Provident under applicable Canadian securities laws, and the Recapitalization will materially affect control of Prairie Provident within the meaning of TSX rules.

Nations Top Military Friendly Schools Announced

Retrieved on: 
Tuesday, March 7, 2023
School, Gold–silver–bronze command structure, Student, Methodology, Education, Government agencies in Norway, Veteran, Retention, Military communications, Repayment plan, Nursing, Gold, Silver

PITTSBURGH, March 7, 2023 /PRNewswire/ -- Military Friendly® announces the official list of schools that have earned the 2023-2024 Military Friendly® Schools awards level designations.

Key Points: 
  • PITTSBURGH, March 7, 2023 /PRNewswire/ -- Military Friendly® announces the official list of schools that have earned the 2023-2024 Military Friendly® Schools awards level designations.
  • Institutions earning the Military Friendly® Schools Awards designation were evaluated using public data sources and responses from a proprietary survey.
  • The 2023-­2024 Military Friendly® Schools list will be published in G.I.
  • - Kayla Lopez, Senior Director of Military Partnerships, Military Friendly®.

TUI AG: Agreement with the German Economic Stabilization Fund on repayment of stabilization measures & their refinancing by means of a capital increase following implementation of a capital reduction

Retrieved on: 
Sunday, December 18, 2022
European Commission, Participation, Annual general meeting, Article, Silent, Management, Warrant, Capital, KfW, WSF, ISIN, MAR, Exercise, Calendar, EUR, Authorization, Supervisory board, Articles of association, TUI, Annual, Royal commission, German Economic Commission, Repayment plan, Security (finance), Bank, EU

Today, the Executive Board of TUI AG ("Company"; ISIN DE000TUAG000 (voting and dividend-bearing shares), ISIN DE000TUAG331 (voting shares only)) has, with the consent of the Supervisory Board, concluded an agreement with the German Economic Stabilization Fund (“WSF”) on the repayment of stabilization measures (“Repayment Agreement”).

Key Points: 
  • Today, the Executive Board of TUI AG ("Company"; ISIN DE000TUAG000 (voting and dividend-bearing shares), ISIN DE000TUAG331 (voting shares only)) has, with the consent of the Supervisory Board, concluded an agreement with the German Economic Stabilization Fund (“WSF”) on the repayment of stabilization measures (“Repayment Agreement”).
  • In addition, the Repayment Agreement regulates the implementation of capital measures for the purpose of refinancing the aforementioned measures.
  • The Company is obliged to exercise its repayment and repurchase right under the Repayment Agreement in the event of successful completion of the Refinancing Capital Increase referred to below.
  • The proceeds from this Refinancing Capital Increase shall be used primarily for a full repayment of Silent Participation I and a repurchase of the Warrant Bond and the Warrants.

Global Student Loan Market Report to 2031 - Featuring Ascent Funding, Avanse Financial Services, Citizens Financial and Carvana Among Others

Retrieved on: 
Thursday, November 17, 2022
EdFinancial Services, Growth, Benchmarking, Repayment plan, Porter's five forces analysis, Student, Parent, IBR, Education, Book, MPOWER Financing, Wells Fargo, Tutoring, Bank, Real estate

According to this report the student loan market was valued at $3,933.18 billion in 2021, and is estimated to reach $8,750.75 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.

Key Points: 
  • According to this report the student loan market was valued at $3,933.18 billion in 2021, and is estimated to reach $8,750.75 billion by 2031, growing at a CAGR of 8.7% from 2022 to 2031.
  • These factors notably contribute toward the growth of the global student loan market.
  • These players have adopted various strategies to increase their market penetration and strengthen their position in the student loan industry
    This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the student loan market analysis from 2021 to 2031 to identify the prevailing student loan market opportunities.
  • The report includes the analysis of the regional as well as global student loan market trends, key players, market segments, application areas, and market growth strategies.

LIBERTY reaches agreement in principle with creditors on global debt restructuring

Retrieved on: 
Tuesday, November 15, 2022
Carbon, Liberty, GFG Alliance, Creditor, Repayment plan, Steel, Negotiation, Group, Documentation, Industry, Agreement, Play, Good, Greensill Capital, RTC, Credit, Security (finance), Greensill, Limited

LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.

Key Points: 
  • LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.
  • All parties will now work to prepare and execute the Agreement, providing LIBERTY with the platform to develop longer term sustainable financing.
  • The Agreement will allow LIBERTY to further advance its GREENSTEEL strategy and industry leading ambition to become carbon neutral by 2030.
  • "After several months of negotiations, we have now reached an agreement in principle that will provide recovery for the Creditors and will significantly deleverage and derisk LIBERTY.

LIBERTY reaches agreement in principle with creditors on global debt restructuring

Retrieved on: 
Tuesday, November 15, 2022
Carbon, Liberty, GFG Alliance, Creditor, Repayment plan, Steel, Negotiation, Group, Documentation, Industry, Agreement, Play, Good, Greensill Capital, RTC, Credit, Security (finance), Greensill, Limited

LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.

Key Points: 
  • LIBERTY and Greensill Bank as main creditors are in the process of negotiating a similar term sheet for the debt restructuring of LIBERTY's European steel businesses.
  • All parties will now work to prepare and execute the Agreement, providing LIBERTY with the platform to develop longer term sustainable financing.
  • The Agreement will allow LIBERTY to further advance its GREENSTEEL strategy and industry leading ambition to become carbon neutral by 2030.
  • "After several months of negotiations, we have now reached an agreement in principle that will provide recovery for the Creditors and will significantly deleverage and derisk LIBERTY.

Insights on the Student Loan Global Market to 2031 - by Type, Repayment Plan, Age Group, End-user and Region - ResearchAndMarkets.com

Retrieved on: 
Friday, November 11, 2022
White House, Federal Government, Other Education, Generation Z, Continuing, University, Finance, Training, Education, Banking, Professional Services, Women, Public Policy, Government, Parenting, Men, Millennials, Consumer, Repayment plan, Porter's five forces analysis, Student, Book, CAGR, Profile, Growth, Education, Benchmarking, Parent, Credit, Tutoring, Real estate, Bank

These factors notably contribute toward the growth of the global student loan market.

Key Points: 
  • These factors notably contribute toward the growth of the global student loan market.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the student loan market analysis from 2021 to 2031 to identify the prevailing student loan market opportunities.
  • In-depth analysis of the student loan market segmentation assists to determine the prevailing market opportunities.
  • The report includes the analysis of the regional as well as global student loan market trends, key players, market segments, application areas, and market growth strategies.