National Association

ION announces forbearance and amendment related to its revolving credit agreement, forbearance agreement related to its senior secured second priority notes due 2025, and preliminary fourth quarter 2021 revenues of ~$40 million, a 45% increase year-over-y

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Friday, January 14, 2022 - 10:45pm
Securities Exchange Act of 1934, IO, National Association, Credit, 2025, Forbearance, Geophysical Journal International, Credit agreements in South Africa, ION, PNC Financial Services, Amendment, SEC, Form 10-K, COVID-19, NYSE, Securities Act of 1933, 8-K, GLOBE, Picanha, Additional funds needed, U.S. Securities and Exchange Commission, Acquisition, PNC, Program, Company, Security, Form, Sale, OPEC, 3D, Software, Note, Security (finance), Senior, Marlin, Risk, Investment, Video game

ION remains in continuing discussions with PNC and the holders of its 2025 Notes and other indebtedness regarding various strategic alternatives to strengthen its financial position and maximize stakeholder value.

Key Points: 
  • ION remains in continuing discussions with PNC and the holders of its 2025 Notes and other indebtedness regarding various strategic alternatives to strengthen its financial position and maximize stakeholder value.
  • Preliminary fourth quarter 2021 revenues of ~$40 million, a 45% increase year-over-year
    ION also announced that the Company expects fourth quarter 2021 revenues to be approximately $40 million, an increase of 45% year-over-year.
  • While expected fourth quarter 2021 revenues declined by 10% sequentially, second half fiscal year revenues delivered an increase of approximately 150% over the first half years revenues.
  • On December 17, 2021, we announced awards for MarlinTM in the areas of simultaneous operations and country-scale port management.

KBRA Assigns Preliminary Ratings to OBX 2022-NQM1 Trust (OBX 2022-NQM1)

Retrieved on: 
Friday, January 14, 2022 - 10:40pm
Banking, Professional Services, Finance, U.S. Securities and Exchange Commission, National Association, ESG, Ontario Securities Commission, Credit, KBRA, European Securities and Markets Authority, Insurance commissioner, CRA, UK, Jetivia SA v Bilta (UK) Limited (in liquidation), National Association of Insurance Commissioners, LLC, Prospectus, Security (finance)

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

NACDS Advises Consumers on Over-the-Counter COVID Tests at Retail Pharmacies

Retrieved on: 
Friday, January 14, 2022 - 10:55pm
Prescription, Vaccination, National Association, Patient, Pharmacy, COVID-19, Supermarket, Government, COVID-19 testing, Health, Public policy, Program, Pharmacist, Association, Communication, Federation, Omicron, Pharmaceutical industry, Health insurance

"The fact is that the supply of over-the-counter COVID-19 tests will remain limited, and these tests may not be immediately available at every pharmacy.

Key Points: 
  • "The fact is that the supply of over-the-counter COVID-19 tests will remain limited, and these tests may not be immediately available at every pharmacy.
  • Simply put, communication of 'free' over-the-counter COVID-19 tests does not mean they will be 'freely available' at the beginning.
  • Chains operate over 40,000 pharmacies, and NACDS' over 80 chain member companies include regional chains, with a minimum of four stores, and national companies.
  • NACDS members also include more than 900 supplier partners and over 70 international members representing 21 countries.

Kilroy Realty Announces 2021 Tax Treatment of Its Dividend Distributions

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Friday, January 14, 2022 - 9:05pm
Residential Building & Real Estate, Commercial Building & Real Estate, Construction & Property, REIT, REIT, Tax Cuts and Jobs Act of 2017, Securities Exchange Act of 1934, National Association, Forward-looking statement, Annual report, Qualified dividend, Legislation, KRC, National Association of Real Estate Investment Trusts, Form 10-K, COVID-19, Tenant, San Francisco Bay Area, Public expenditure, NYSE, Pacific Northwest, Policy, Tax, Creativity, U.S. Securities and Exchange Commission, Insurance, Acquisition, Securities & Exchange Commission of Pakistan, Industry, Angelo Gordon, Company, Risk, Dow Jones, Trust, Lists of disasters, Security (finance), Energy Independence and Security Act of 2007, NAREIT, Securities Act of 1933, Investment, LEED, Holding company

Additional Information for 2021 Form 1099-DIV:

Key Points: 
  • Additional Information for 2021 Form 1099-DIV:
    Section 897 Capital Gain Amount (Box 2f of 2021 Form 1099-DIV): $0.1194890 or 93.4760245% of the total capital gain distribution to shareholders for tax year ended December 31, 2021.
  • One-Year Distributive Share Amount: $0.0089348 or 6.9896582% of the total capital gain distribution to shareholders for tax year ended December 31, 2021.
  • The dividend distributions made to holders of record as of December 31, 2021 and paid on January 12, 2022 are considered 2022 dividend distributions for federal income tax purposes.
  • Stockholders are encouraged to consult with their tax advisors as to their specific tax treatment for Kilroy Realty Corporation common distributions.

KBRA Assigns Preliminary Ratings to Ellington Financial Mortgage Trust 2022-1 (EFMT 2022-1)

Retrieved on: 
Friday, January 14, 2022 - 6:37pm
Banking, Professional Services, Finance, U.S. Securities and Exchange Commission, National Association, ESG, Ontario Securities Commission, Credit, KBRA, European Securities and Markets Authority, Insurance commissioner, CRA, UK, Jetivia SA v Bilta (UK) Limited (in liquidation), National Association of Insurance Commissioners, LLC, Prospectus, Security (finance)

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • Kroll Bond Rating Agency UK Limited is registered as a CRA with the UK Financial Conduct Authority pursuant to the Temporary Registration Regime.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

KBRA Assigns Preliminary Ratings to Golub Capital BDC 3 ABS 2022-1 LLC

Retrieved on: 
Friday, January 14, 2022 - 5:06pm
Banking, Professional Services, Finance, U.S. Securities and Exchange Commission, National Association, ESG, Ontario Securities Commission, Credit, KBRA, European Securities and Markets Authority, SOFR, Golub Capital, BDC, Oklahoma Insurance Commissioner, CRA, CCC, UK, Jetivia SA v Bilta (UK) Limited (in liquidation), RRLS ICT Academy, National Association of Insurance Commissioners, Note, LLC, GC, Prospectus, Bank, Security (finance)

KBRA assigns preliminary ratings to one class of notes issued by Golub Capital BDC 3 ABS 2022-1 LLC (GC BDC 3 ABS 2022-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.

Key Points: 
  • KBRA assigns preliminary ratings to one class of notes issued by Golub Capital BDC 3 ABS 2022-1 LLC (GC BDC 3 ABS 2022-1), a securitization backed by a portfolio of recurring revenue and middle market corporate loans.
  • GC BDC 3 ABS 2022-1 is a $400.0 million securitization managed by GC Advisors LLC (Golub or the Collateral Manager), a registered investment adviser and affiliate of Golub Capital.
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Nation's Top Producing Exclusive Buyer Agent Creates Real Estate Team

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Friday, January 14, 2022 - 1:42am
City, Boston University School of Law, National Association, Massachusetts School of Law, Business administration, LLM, Master of Business Administration, No, Master, School, Time, University of Massachusetts School of Law, Business, LLC, University, Real estate, Mira Mezini, Greater Boston, Law

1 producing exclusive buyer agent in the United States, has created the Mezini Team to provide an even greater level of customer service for his home-buying and investor clients.

Key Points: 
  • 1 producing exclusive buyer agent in the United States, has created the Mezini Team to provide an even greater level of customer service for his home-buying and investor clients.
  • Mezini, who individually helped clients purchase more than $52 million in real estate in 2021 alone, has teamed up with Michael Lord , an experienced buyer agent.
  • They also work with a highly experienced group of loan officers, real estate lawyers, home inspectors, and other top-notch professionals.
  • Its real estate brokers are 100 percent loyal to homebuyers 100 percent of the time and members of the National Association of Exclusive Buyer Agents .

KBRA Assigns Preliminary Ratings to Freddie Mac’s STACR 2022-DNA1

Retrieved on: 
Thursday, January 13, 2022 - 9:33pm
Professional Services, Finance, U.S. Securities and Exchange Commission, National Association, ESG, Ontario Securities Commission, Credit, KBRA, European Securities and Markets Authority, Insurance commissioner, CRA, UK, Jetivia SA v Bilta (UK) Limited (in liquidation), National Association of Insurance Commissioners, LLC, Prospectus, Security (finance)

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.

Buffini & Company Founder, CEO Listed in 2022 Swanepoel Power 200 for Third Consecutive Year

Retrieved on: 
Thursday, January 13, 2022 - 7:38pm
Income, Keller Williams Realty, National Association, Research, San Diego Business Journal, Amazon, CA, CEO, GLOBE, The Wall Street Journal, Industry, Company, Quality of life, Swanepoel, The New York Times Company, Life, Management, Redfin

Carlsbad, CA, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Swanepoel Power 200 has once again recognized Buffini & Company chairman and founder, Brian Buffini, and chief executive officer, Dermot Buffini, as some of the most powerful and influential leaders in the real estate industry.

Key Points: 
  • Carlsbad, CA, Jan. 13, 2022 (GLOBE NEWSWIRE) -- Swanepoel Power 200 has once again recognized Buffini & Company chairman and founder, Brian Buffini, and chief executive officer, Dermot Buffini, as some of the most powerful and influential leaders in the real estate industry.
  • The Swanepoel Power 200 ranks the most powerful people in the residential real estate brokerage industry.
  • Founded by real estate legend and master motivator Brian Buffini, the company provides a unique and highly-effective lead generation system.
  • Dermot has been recognized as a finalist for the San Diego Business Journals CEO of the Year, a RISMedia Newsmaker and ranked in the Swanepoel Power 200.

KBRA Assigns Preliminary Ratings to LendingPoint 2022-A Asset Securitization Trust

Retrieved on: 
Thursday, January 13, 2022 - 6:35pm
Banking, Professional Services, Finance, U.S. Securities and Exchange Commission, National Association, ESG, Ontario Securities Commission, Credit, KBRA, European Securities and Markets Authority, Insurance commissioner, CRA, UK, Jetivia SA v Bilta (UK) Limited (in liquidation), National Association of Insurance Commissioners, LLC, Prospectus, Security (finance)

Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.

Key Points: 
  • Further disclosures relating to this rating action are available in the Information Disclosure Form(s) referenced above.
  • Additional information regarding KBRA policies, methodologies, rating scales and disclosures are available at www.kbra.com .
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.
  • KBRA is also recognized by the National Association of Insurance Commissioners as a Credit Rating Provider.