BNY Mellon

Newton Park PR Announces Strategic Partnership with Veteran Asset and Wealth Management Executive Tom Butch

Retrieved on: 
Thursday, February 15, 2024

BOSTON and CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Newton Park PR, a boutique media relations firm serving the asset and wealth management industries, today announced that veteran investment management executive Thomas W. Butch is joining forces with Newton Park PR as a strategic partner, providing strategy, marketing/communications, and editorial support to its clients.

Key Points: 
  • BOSTON and CHICAGO, Feb. 15, 2024 /PRNewswire/ -- Newton Park PR, a boutique media relations firm serving the asset and wealth management industries, today announced that veteran investment management executive Thomas W. Butch is joining forces with Newton Park PR as a strategic partner, providing strategy, marketing/communications, and editorial support to its clients.
  • Rich Chimberg, co-founder and partner of Newton Park PR, added, "Tom brings exceptional strategic and marketing skills and executive experience in asset management and wealth management—our specialties.
  • Butch is also founder and president of Strategy: Solutions, Inc., a boutique consulting firm through which he will work with Newton Park.
  • "I am excited to engage the ever-changing asset management and wealth management industries in partnership with Newton Park PR," Butch said.

BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. Announces Final Results of Quarterly Tender Offer

Retrieved on: 
Wednesday, February 14, 2024

The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.

Key Points: 
  • The terms and conditions of the Tender Offer were set forth in the Fund's Offer to Purchase, the related Letter of Transmittal and other related documents.
  • BNY Mellon Alcentra Global Multi-Strategy Credit Fund, Inc. is a diversified, closed-end management investment company.
  • BNY Mellon Investment Adviser, Inc., the investment adviser for the Fund, is part of BNY Mellon Investment Management.
  • BNY Mellon Investment Management is a division of BNY Mellon, which has $47.8 trillion in assets under custody and/or administration as of December 31, 2023.

Prudential Financial, Inc. to Redeem 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044

Retrieved on: 
Wednesday, February 14, 2024

Prudential Financial, Inc. ( NYSE: PRU ) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044 (CUSIP/ISIN No.

Key Points: 
  • Prudential Financial, Inc. ( NYSE: PRU ) announced today that it will redeem all of the $500,000,000 outstanding aggregate principal amount of its 5.20% Fixed-to-Floating Rate Junior Subordinated Notes due 2044 (CUSIP/ISIN No.
  • A notice of redemption is being sent to all currently registered holders of the Notes by the trustee, The Bank of New York Mellon.
  • For more information, holders of the Notes may call The Bank of New York Mellon at 1-800-254-2826.
  • Prudential Financial, Inc.’s actual results may differ, possibly materially, from expectations or estimates reflected in such forward-looking statements.

Prancer Enterprise Welcomes Giri Muthukrishnan as Chief Growth Officer

Retrieved on: 
Wednesday, February 14, 2024

SAN DIEGO, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer. With an illustrious career that spans many highly regulated enterprises such as the US Federal Reserve, JPMorganChase, BNY Mellon, and IBM, Giri brings a wealth of experience in driving strategic, large-scale cyber initiatives to his new role at Prancer.

Key Points: 
  • Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer.
  • SAN DIEGO, Feb. 14, 2024 /PRNewswire-PRWeb/ -- Prancer Enterprise, a pioneer in Breach and Attack Simulation (BAS) and PTaaS ( Pentest as a Service), is thrilled to announce the appointment of Giri Muthukrishnan as its new Chief Growth Officer.
  • "We are excited to welcome Giri Muthukrishnan to the Prancer team as Chief Growth Officer," said Farshid Mahdavipour, CEO of Prancer Enterprise.
  • With Giri Muthukrishnan at the helm of growth initiatives, the company is set to achieve new heights of success.

BNY Mellon to Speak at the RBC Capital Markets Global Financial Institutions Conference

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK) today announced that Dermot McDonogh, Chief Financial Officer, will speak at the RBC Capital Markets Global Financial Institutions Conference in New York at 3:20 p.m.
  • ET on Tuesday, March 5, 2024.
  • A live webcast of the audio portion of the conference will be available on the BNY Mellon website ( www.bnymellon.com/investorrelations ).
  • An archived version of the audio portion will be available on the BNY Mellon website approximately 24 hours after the live webcast and will remain available until April 5, 2024.

Trinity Biotech Plc Announces Plan to Implement ADS Ratio Change

Retrieved on: 
Tuesday, February 13, 2024

(NASDAQ: TRIB) (the “Company”) today announced that it plans to change the ratio of the American depositary shares (“ADSs”) representing its Class A ordinary shares from one (1) ADS representing four (4) Class A ordinary share to one (1) ADS representing twenty (20) Class A ordinary shares.

Key Points: 
  • (NASDAQ: TRIB) (the “Company”) today announced that it plans to change the ratio of the American depositary shares (“ADSs”) representing its Class A ordinary shares from one (1) ADS representing four (4) Class A ordinary share to one (1) ADS representing twenty (20) Class A ordinary shares.
  • For Trinity Biotech Plc ADS holders, the change in the ADS ratio will have the same effect as a one-for-five reverse ADS split and is intended to i) enable the Company to regain compliance with the $1.00 Nasdaq minimum bid price requirement, and ii) facilitate investment from a broader pool of potential investors, who may have previously been unable to invest due to the ADSs trading below a price of $1.00.
  • No fractional new ADSs will be issued in connection with the change in the ADS ratio.
  • As a result of the change in the ADS ratio, the ADS price is expected to increase proportionally, although the Company can give no assurance that the ADS price after the change in the ADS ratio will be equal to or greater than five times the ADS price before the change.

OneMain Holdings Announces Appointments of Jenny Osterhout as Chief Financial Officer and Micah Conrad as Chief Operating Officer

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today announced the appointments of Jenny Osterhout as the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating Officer (COO), both effective March 31, 2024.

Key Points: 
  • NEW YORK, Feb. 13, 2024 /PRNewswire/ -- OneMain Holdings, Inc. (NYSE: OMF), the leader in offering nonprime consumers responsible access to credit, today announced the appointments of Jenny Osterhout as the company's Chief Financial Officer (CFO) and Micah Conrad as the company's Chief Operating Officer (COO), both effective March 31, 2024.
  • Osterhout currently serves as the company's Chief Strategy Officer, and Conrad currently is the company's CFO.
  • "Micah built a world class funding program and led disciplined financial management of OneMain during a period of growth and outstanding shareholder returns," said Doug Shulman, OneMain's Chairman and Chief Executive Officer.
  • Osterhout joined OneMain in January 2020 and has served as Chief Strategy Officer since November 2020.

Arevon and Blackstone Credit & Insurance Close $350 Million Preferred Equity, Debt, and ITC Transfer Financing for Condor Energy Storage Project

Retrieved on: 
Tuesday, February 13, 2024

NEW YORK and SCOTTSDALE, Ariz., Feb. 13, 2024 /PRNewswire/ -- Arevon Energy, Inc., a leading renewable energy developer, owner, and operator, together with Blackstone Credit & Insurance (BXCI), today announced a successful financial close for the 200 megawatt/800 megawatt-hour Condor Energy Storage Project (Condor) currently under construction in Grand Terrace, California.

Key Points: 
  • The project will be capable of providing firming capacity, enhancing grid reliability and stability alongside increased adoption of renewable energy resources.
  • Blackstone's preferred equity investment in Condor is structured to simplify the monetization of tax credits, eliminating the need for traditional tax equity financing.
  • Zachary Rubenstein, Managing Director in the Blackstone Credit & Insurance Sustainable Resources Group, commented "Arevon is a world-class renewable energy company, and we are excited to be their partner on the Condor financing.
  • Arevon secured real estate financing from climate investment firm HASI related to the Condor Energy Storage Project land.

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Tuesday, February 13, 2024

Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Cairn Homes PLC (SEDOL: BWY4ZF1)

Key Points: 
  • Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Cairn Homes PLC (SEDOL: BWY4ZF1)
    [ ] Other (please specify)iii:
    4.
  • Full name of shareholder(s) (if different from 3.
  • )v: Nortrust Nominees Ltd, CGML PB CLIENT LANSDOWNE DM LO KY M, Morstan Nominees Limited, Morgan Stanley Client Securities Nominees Limited, Harewood Nominees Ltd, The Bank of New York Nominees Limited, and Chetwynd Nominees Ltd.
    5.
  • Date on which the threshold was crossed or reachedvi: 08/02/2024
    6.

BNY Mellon Unveils New Basket Construction Platform for ETF Services

Retrieved on: 
Monday, February 12, 2024

NEW YORK, Feb. 12, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK), the global financial services company, announced today the launch of its next-gen ETF basket construction platform. The new comprehensive platform will provide asset managers with a digital workflow, backed by start-of-day net asset value (NAV) data, to present vital market-making information to liquidity providers. This solution will support asset managers in valuing, creating, and publishing basket information more efficiently in the rapidly growing ETF market, allowing them to better serve their clients. 

Key Points: 
  • NEW YORK, Feb. 12, 2024 /PRNewswire/ -- BNY Mellon (NYSE: BK), the global financial services company, announced today the launch of its next-gen ETF basket construction platform.
  • "Through evolving our technology platform, this ultra-transparent user portal connects market participants to ETFs at any point in the lifecycle and strengthens the broader ETF ecosystem," said Christine Waldron, Global Head of Fund Services, BNY Mellon.
  • BNY Mellon collaborated with its clients to design and develop the new platform to address the evolving challenges of an ETF manager.
  • "This breakthrough in ETF technology can help greatly reduces complexity in the front-office ETF process," said Bob Humbert, Global Head of ETF Product, BNY Mellon.