BNY Mellon

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

Retrieved on: 
Tuesday, February 13, 2024
CFO, BNY Mellon, OMF, Growth, Senior advisor, Citigroup, McKinsey & Company, Financial management, Head, Management

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
Engineering, Project finance, Blackstone Credit, Senior, EVP, Climate, Stifel, Winston & Strawn, CoBank, Bank, Condor, Andrew Downey Orrick, HASI, ACB, Sumitomo Mitsui Banking Corporation, Collateral, Partner, EPC, BNY Mellon, Partnership, Renewable energy

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
BNY Mellon, Bank, Security (finance)

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
BNY Mellon, API, Investment, NAV, ETF, FIX, Ecosystem, BK, Workflow, Security (finance)

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.

JPMorgan Commences Exchange Offer Relating to its Alerian MLP Index ETNs

Retrieved on: 
Wednesday, February 7, 2024
Banking, Asset Management, Professional Services, Finance, Security (finance), CUSIP, Depository Trust Company, JPMorgan Chase, Bank, Telephone, Note, Settlement date, VWAP, Prospectus, Old, FICC, Exchange offer, Trustee, Exchange, Risk, J.P. Morgan & Co., Record, Sale, BNY Mellon, Form

JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) and JPMorgan Chase Financial Company LLC (“JPMorgan Financial”) announced today the commencement of JPMorgan Financial’s offer to exchange (the “Exchange Offer”) its newly offered Alerian MLP Index ETNs due January 28, 2044 (CUSIP: 48133Q309) (the “New Notes” ) for any and all outstanding Alerian MLP Index ETNs due May 24, 2024 (CUSIP: 46625H365) issued by JPMorgan Chase (the “Old Notes” and together with the New Notes, the “Alerian ETNs”).

Key Points: 
  • JPMorgan Chase & Co. (“JPMorgan Chase” or the “Firm”) and JPMorgan Chase Financial Company LLC (“JPMorgan Financial”) announced today the commencement of JPMorgan Financial’s offer to exchange (the “Exchange Offer”) its newly offered Alerian MLP Index ETNs due January 28, 2044 (CUSIP: 48133Q309) (the “New Notes” ) for any and all outstanding Alerian MLP Index ETNs due May 24, 2024 (CUSIP: 46625H365) issued by JPMorgan Chase (the “Old Notes” and together with the New Notes, the “Alerian ETNs”).
  • The Exchange Offer gives existing holders of the Old Notes (“Noteholders”) an opportunity to exchange their Old Notes for New Notes that mature on January 28, 2044, which provide similar exposure to the Alerian MLP Index® (the “Index”) as the Old Notes, subject to the terms and conditions set forth in the Prospectus.
  • None of JPMorgan Financial, JPMorgan Chase, the Trustee, the Dealer Manager or the Exchange Agent makes any recommendation as to whether you should exchange your Old Notes in the Exchange Offer.
  • Any tender of Old Notes for exchange pursuant to the Exchange Offer from a Noteholder that is unable to make these representations will not be accepted.

The Bank of New York Mellon Digital Transformation Strategy Analysis Report 2023: Accelerators, Incubators, and Other Innovation Programs

Retrieved on: 
Monday, February 5, 2024
Intelligence, AI, Control, Data management, Machine learning, Digital, POC, Investment, Artificial intelligence, Acquisition, Bank, Data vault, BNY Mellon, Information management, ICT, Cryptocurrency

This report provides insight into BNY Mellon's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.

Key Points: 
  • This report provides insight into BNY Mellon's fintech activities, including its digital transformation strategies, its innovation programs, its technology initiatives, its estimated ICT budget, and its major ICT contracts.
  • The Bank of New York Mellon Corp (BNYMC) is a provider of investment solutions.
  • The company's wealth management offerings include private banking, wealth and estate planning, family office services, and information management.
  • The BNY Mellon Accelerator Program supports Series-A to Series-C fintech companies which develop advanced digital solutions for the most pressing challenges confronting BNY Mellon.

BNY Mellon and Microsoft Forge Strategic Alliance to Expand Leading Capital Markets Data & Analytics Platform

Retrieved on: 
Monday, February 5, 2024
Azure, Risk management, AI, Data management, Ecosystem, Investment, Artificial intelligence, Corporation, Microsoft, Microsoft Azure, Agility, BNY Mellon, Software as a service, Cloud computing, Video game

NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry.

Key Points: 
  • NEW YORK, Feb. 5, 2024 /PRNewswire/ -- BNY Mellon (NYSE:BK) and Microsoft are joining forces to transform capital markets and the broader financial services industry.
  • Using Microsoft Azure cloud and BNY Mellon's extensive financial data and analytics capabilities the platform will provide BNY Mellon's buy side and sell side clients with a leading data management solution.
  • With a focus on innovation and the expertise and platforms to help clients achieve their goals, BNY Mellon will also migrate its data and analytics workloads to Microsoft Azure.
  • BNY Mellon's data and analytics suite fully available on the cloud: The collaboration will accelerate the release of BNY Mellon's next generation data and analytics cloud-based Software-as-a-Service (SaaS) offering.

Renesas Extends Tender Offer for Proposed Acquisition of Sequans

Retrieved on: 
Friday, February 2, 2024
ADS, CFIUS, Electronics, American depositary receipt, Letter, Bank, BNY Mellon

Shareholders to Receive U.S. $0.7575 per Ordinary Share and U.S. $3.03 per ADS in cash

Key Points: 
  • Tokyo, Japan and Paris, France--(Newsfile Corp. - February 2, 2024) - Renesas Electronics Corporation (TSE: 6723) ("Renesas") and Sequans Communications S.A. (NYSE: SQNS) ("Sequans") today announced that Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans for $0.7575 per ordinary share and American Depositary Shares ("ADSs") of Sequans for $3.03 per ADS (each ADS representing four ordinary shares) in cash, without interest and less any applicable withholding taxes.
  • The tender offer, which was previously scheduled to expire at one minute after 11:59 P.M., New York City time, on February 5, 2024, has been extended until one minute after 11:59 P.M., New York City time, on February 20, 2024, unless the tender offer is further extended or earlier terminated.
  • The tender offer was extended to allow additional time for the satisfaction of the remaining closing conditions of the tender offer, including, but not limited to, regulatory approvals (other than the previously announced CFIUS approval, NSIA approval and Taiwan merger control approval) and the valid tender of ordinary shares and ADSs of Sequans representing - together with ordinary shares and ADSs of Sequans beneficially owned by Renesas, if any - at least 90% of the fully diluted ordinary shares of Sequans.
  • The Bank of New York Mellon, the Tender Agent for the tender offer, has advised Renesas that as of 6 p.m., New York City time, on February 1, 2024, approximately 117,383,156 ordinary shares of Sequans (including ordinary shares represented by ADSs), representing approximately 42.3% of the fully diluted ordinary shares of Sequans, have been validly tendered and not properly withdrawn pursuant to the tender offer.

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) Announces Distribution

Retrieved on: 
Friday, February 2, 2024
Banking, Professional Services, Finance, BNY, DMB, Fund, Policy, BNY Mellon, BNY Mellon Investment Management, NAV, BK, Newsroom, Bank, Security (finance)

BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024.

Key Points: 
  • BNY Mellon Municipal Bond Infrastructure Fund, Inc. (NYSE: DMB) today announced a distribution of $0.0300 per share of common stock, payable on March 1, 2024 to shareholders of record at the close of business on February 20, 2024.
  • BNY Mellon Investment Management is one of the world’s largest asset managers, with $2.0 trillion in assets under management as of December 31, 2023.
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • 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.

BNY Mellon Municipal Bond Closed-End Funds Declare Distributions

Retrieved on: 
Tuesday, January 30, 2024
Other Professional Services, Asset Management, Professional Services, Finance, BNY, Fund, BNY Mellon, BNY Mellon Investment Management, NAV, BK, Newsroom, Bank, Security (finance)

Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.

Key Points: 
  • Through a client-first approach, BNY Mellon Investment Management brings investors specialist expertise through its seven investment firms offering solutions across every major asset class and backed by the breadth and scale of BNY Mellon.
  • Additional information on BNY Mellon Investment Management is available on www.bnymellonim.com .
  • 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.
  • BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK).