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Sonida Senior Living Announces Completion of Loan Modifications with Fannie Mae and Updated Performance Highlights Through Q3

Retrieved on: 
Tuesday, October 10, 2023

Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan modifications with Fannie Mae in tandem with strong September and Q3 2023 occupancy growth.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company,” “Sonida,”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced the execution of its loan modifications with Fannie Mae in tandem with strong September and Q3 2023 occupancy growth.
  • On October 2, 2023, Sonida and Fannie Mae entered into loan modification agreements covering all 37 Fannie Mae mortgaged communities, which finalizes the previously announced comprehensive restructuring.
  • The terms of the Fannie Mae loan modifications were consistent with those set forth in the June 29, 2023 forbearance agreement.
  • Key elements of the loan modifications include:
    All maturities under the 37 Fannie Mae loans have been extended to December 2026 or later.

Sonida Senior Living Strengthens Financial Position and Enhances Leadership Team to Position Company for Sustainable Growth

Retrieved on: 
Wednesday, July 5, 2023

Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.

Key Points: 
  • Sonida Senior Living, Inc. (the “Company”) (NYSE: SNDA), a leading owner-operator of communities and services for seniors, announced several steps the Company has taken to enhance its financial position and strategic capabilities.
  • The forbearance and subsequent loan modification provide the Company with additional financial flexibility to build on its strong operational momentum and pursue its strategic growth plan.
  • The Company expects the loan modification to be finalized by September 30, 2023, per the terms of the forbearance agreement.
  • “This combination of growth, and operationally-focused senior talent demonstrates our commitment to each of these critical areas of our business.”

Euronet Worldwide, Inc Announces FreedomPay as a Strategic Partner to Bring Next Level Digital Services to Card Paying Clients

Retrieved on: 
Thursday, June 9, 2022

With its partnership with Euronet Merchant Services, FreedomPays customers globally will enjoy integrated, complete solutions to enable more dynamic payment options.

Key Points: 
  • With its partnership with Euronet Merchant Services, FreedomPays customers globally will enjoy integrated, complete solutions to enable more dynamic payment options.
  • Both companies plan to use advanced technology and a fully integrated cultural approach to payment services for merchants to bring businesses and consumers together.
  • The partnering of FreedomPay with Euronet Merchant Services will bring together class-leading payment innovation for mutual international clients.
  • The strategic partnership between Euronet Merchant Services and FreedomPay heralds the global expansion and broadening of services available to card paying clients, comments David Gebhardt, Managing Director of Euronet Merchant Services.

Civeo and Conversant Capital Announce Stock Purchase Agreement

Retrieved on: 
Thursday, April 7, 2022

Civeo Corporation (NYSE:CVEO) (Civeo or the Company), a leading provider of hospitality services to the natural resources sector, today announced that Conversant Capital LLC (Conversant), a private investment firm that pursues credit and equity investments in the real estate, digital infrastructure and hospitality sectors, has purchased approximately 958,000 Civeo common shares from entities affiliated with Lance Torgerson (Mr. Torgerson) under a stock purchase agreement.

Key Points: 
  • Civeo Corporation (NYSE:CVEO) (Civeo or the Company), a leading provider of hospitality services to the natural resources sector, today announced that Conversant Capital LLC (Conversant), a private investment firm that pursues credit and equity investments in the real estate, digital infrastructure and hospitality sectors, has purchased approximately 958,000 Civeo common shares from entities affiliated with Lance Torgerson (Mr. Torgerson) under a stock purchase agreement.
  • Civeo and Conversant also have rights of first refusal on additional stock held by Mr. Torgerson.
  • The stock purchase agreement provides that, if prior to April 2023, Mr. Torgerson desires to sell the 375,000 Escrow Shares to be released from escrow in June 2022, Civeo will have the right, but not the obligation, to purchase all or any portion of such shares.
  • If Civeo does not exercise its right of first refusal for all the shares, any remaining shares must be offered to Conversant for purchase.

Sonida Senior Living, Inc. To Extend Timing of Fourth Quarter and Full-Year Earnings Release

Retrieved on: 
Wednesday, March 30, 2022

The accounting for these significant transactions, along with recent changes in personnel in the Companys accounting department, has necessitated this extension.

Key Points: 
  • The accounting for these significant transactions, along with recent changes in personnel in the Companys accounting department, has necessitated this extension.
  • The past year was transformational for Sonida Senior Living, said Kimberly S. Lody, President and CEO.
  • The Companys earnings release is scheduled to be distributed to news services before the market opens on the conference call date.
  • Dallas-based Sonida Senior Living, Inc. is a leading owner-operator of independent living, assisted living and memory care communities and services for senior adults.

ATM Market revenue to cross USD 25 Bn by 2027: Global Market Insights Inc.

Retrieved on: 
Tuesday, January 11, 2022

SELBYVILLE, Del., Jan. 11, 2022 /PRNewswire/ -- The ATM market size is anticipated to record a valuation of USD 25 billion by 2027, according to the most recent study by Global Market Insights Inc.

Key Points: 
  • SELBYVILLE, Del., Jan. 11, 2022 /PRNewswire/ -- The ATM market size is anticipated to record a valuation of USD 25 billion by 2027, according to the most recent study by Global Market Insights Inc.
  • The market growth can be attributed to the growing demand for automation and digitalization in the banking sector.
  • Managed services enable financial institutions to transfer non-core functions to a specialized service provider, increasing their core financial operations capabilities.
  • The users can avail these services without the intervention of the operator in their preferred languages, boosting the ATM marketexpansion.

ATM Market revenue to cross USD 25 Bn by 2027: Global Market Insights Inc.

Retrieved on: 
Tuesday, January 11, 2022

SELBYVILLE, Del., Jan. 11, 2022 /PRNewswire/ -- The ATM market size is anticipated to record a valuation of USD 25 billion by 2027, according to the most recent study by Global Market Insights Inc. The market growth can be attributed to the growing demand for automation and digitalization in the banking sector.

Key Points: 
  • SELBYVILLE, Del., Jan. 11, 2022 /PRNewswire/ -- The ATM market size is anticipated to record a valuation of USD 25 billion by 2027, according to the most recent study by Global Market Insights Inc.
  • The market growth can be attributed to the growing demand for automation and digitalization in the banking sector.
  • Managed services enable financial institutions to transfer non-core functions to a specialized service provider, increasing their core financial operations capabilities.
  • The increasing installation of ATMs at commercial locations that offer good visibility with uninterrupted power supply is helping the ATM market value.

Sonida Senior Living Announces Agreement to Acquire Two Senior Living Communities in the Indianapolis Market

Retrieved on: 
Thursday, December 16, 2021

Sonida Senior Living, Inc. (the Company or Sonida Senior Living) (NYSE: SNDA), a leading owner-operator of senior living communities, announced that it entered into a purchase and sale agreement to acquire two recently renovated senior living communities for approximately $12.3 million.

Key Points: 
  • Sonida Senior Living, Inc. (the Company or Sonida Senior Living) (NYSE: SNDA), a leading owner-operator of senior living communities, announced that it entered into a purchase and sale agreement to acquire two recently renovated senior living communities for approximately $12.3 million.
  • The communities, Northfield Senior Living and Southfield Senior Living, include 157 independent living units and are located approximately 20 minutes outside of downtown Indianapolis near major highways, stores and restaurants.
  • The assets complement Sonida Senior Livings existing Indianapolis portfolio and will leverage the strength of the Companys local leadership team.
  • Dallas-based Sonida Senior Living, Inc. is one of the nations leading operators of independent living, assisted living and memory care communities for senior adults.

Global Blue: Second Quarter and Half-Year 2021-2022 Earnings Release

Retrieved on: 
Friday, December 10, 2021

Global Blue Group Holding AG (NYSE: GB and GB.WS) announced that, later today on December 10, 2021, it will release its second quarter and half-year results for the six-month period ended September 30, 2021.

Key Points: 
  • Global Blue Group Holding AG (NYSE: GB and GB.WS) announced that, later today on December 10, 2021, it will release its second quarter and half-year results for the six-month period ended September 30, 2021.
  • This earnings release will include the Managements Discussion and Analysis of Financial Position and Results of Operations (MD&A) in addition to the accompanying Consolidated Financial Statements and the Investor presentation.
  • An audio recording of commentary on the second quarter and half-year results by Jacques Stern, Chief Executive Officer, and Loic Jenouvrier, Chief Financial Officer, will also be made available.
  • These materials will be available on Global Blues Corporate website, www.globalblue.com/corporate and can be found in the Investors section, under the Financial publications and Regulatory information & SEC filings subsections.

Chase Opens California Flagship Branch in Downtown Los Angeles

Retrieved on: 
Thursday, December 9, 2021

Today, Chase celebrates the grand opening of its California flagship retail branch located in the heart of downtown Los Angeles at LA Live Southern Californias premier entertainment destination.

Key Points: 
  • Today, Chase celebrates the grand opening of its California flagship retail branch located in the heart of downtown Los Angeles at LA Live Southern Californias premier entertainment destination.
  • Our California flagship branch is more than a place for banking.
  • The flagship branch will complement other branches in the area, like the new Crenshaw Community Center branch in South Los Angeles opened in May 2021.
  • The California flagship branch, located at 1200 South Figueroa Street, is the second of its kind in the country.