National Association

Permian Resources Announces Full Redemption of 6.875% Senior Notes Due 2027

Retrieved on: 
Wednesday, March 6, 2024

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has given notice of its intention to redeem all of the Company’s outstanding $356,351,000 aggregate principal amount 6.875% Senior Notes due 2027 (the “Notes”) on April 5, 2024 (the “Redemption Date”).

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has given notice of its intention to redeem all of the Company’s outstanding $356,351,000 aggregate principal amount 6.875% Senior Notes due 2027 (the “Notes”) on April 5, 2024 (the “Redemption Date”).
  • The redemption is being made in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”).
  • The redemption price per Note will be 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date.
  • Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from the Company’s investor relations contacts provided below.

TD Awards $5 Million to U.S. Organizations Addressing Systemic Barriers to Affordable Housing

Retrieved on: 
Tuesday, March 5, 2024

This year's recipients include five U.S. non-profit organizations providing innovative solutions that address systemic barriers to affordable housing across the continuum from transitional to permanent homes.

Key Points: 
  • This year's recipients include five U.S. non-profit organizations providing innovative solutions that address systemic barriers to affordable housing across the continuum from transitional to permanent homes.
  • The lack of affordable housing causes serious ripple effects that impact everything from health outcomes to educational opportunities to overall financial security," said Shelley Sylva, Head of U.S. Corporate Citizenship at TD Bank.
  • "Through the TD Ready Challenge, we're standing behind organizations with promising new ideas to address systemic barriers to permanent and stable housing in communities across our footprint and helping to create additional economic opportunities for all."
  • "Clarifi is proposing a multi-intervention strategy to address barriers to affordable and sustainable housing for low-to-moderate individuals and families in the Greater Philadelphia area.

Alliant Insurance Services Celebrates Women in Construction Week™, Highlights Leading Industry Women

Retrieved on: 
Monday, March 4, 2024

Alliant Insurance Services joins the National Association of Women in Construction in celebrating the 26th annual Women in Construction Week ™, March 3-9, 2024.

Key Points: 
  • Alliant Insurance Services joins the National Association of Women in Construction in celebrating the 26th annual Women in Construction Week ™, March 3-9, 2024.
  • WIC Week™ celebrates the strength and knowledge of women and their vital role in shaping the construction industry.
  • This year, Alliant highlights seven women construction and insurance industry leaders who were nominated by their peers based on their ability to inspire others and push boundaries in their careers.
  • Read about each woman’s career achievements, motivations, challenges and advice for future generations of women in construction:

Pinnacle West Announces Pricing of a Public Offering of 9,774,436 Shares of Common Stock

Retrieved on: 
Thursday, February 29, 2024

The common stock offering was priced at a public offering price of $66.50 per share.

Key Points: 
  • The common stock offering was priced at a public offering price of $66.50 per share.
  • Pinnacle West has granted to the underwriters the option to purchase up to an additional 1,466,165 shares of its common stock.
  • Such borrowed shares of Pinnacle West’s common stock will be delivered by the forward sellers for sale to the underwriters in the offering.
  • Pinnacle West will not initially receive any proceeds from the sale of shares of its common stock by the forward sellers or their affiliates to the underwriters.

Simplifying Health Insurance Data Analytics with Mark Farrah Associates’ Health Coverage Portal

Retrieved on: 
Thursday, February 29, 2024

Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP) database tool.

Key Points: 
  • Mark Farrah Associates (MFA) , a leading data aggregator and publisher of health plan market data and analytics, aggregates industry metrics from statutory financial statements filed with state insurance regulators in its Health Coverage Portal™ (HCP) database tool.
  • To further simplify the analysis of health insurance business, MFA presents its enhanced Health Coverage Portal™ to provide expanded capabilities and time-saving ease of use for the analysis of annual and quarterly enrollment, financials and industry ratios for health plans across the country.
  • For companies seeking comprehensive market data, MFA offers the Health Coverage Portal™ , an online application that integrates NAIC and CA DMHC financial statements, relevant government reports and MFA self-insured datasets.
  • To learn more about the Health Coverage Portal™ and MFA’s other valuable health insurance analytic tools, contact Mark Farrah Associates at 724-338-4100 or visit www.markfarrah.com .

Bermuda Reinsurance CEOs Discuss Putting Capital to Work at 2024 Bermuda Risk Summit

Retrieved on: 
Thursday, February 29, 2024

A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.

Key Points: 
  • A panel of Bermuda reinsurance CEOs offer a unique lens into optimising capital deployment, risk management, and the dynamic forces shaping the industry's future at the 2024 Bermuda Risk Summit, presented by the Bermuda Business Development Agency (BDA), in partnership with the Association of Bermuda Insurers and Reinsurers (ABIR) and EY.
  • John Huff said, “It is a pleasure to once again be moderating a panel at the Bermuda Risk Summit, which ABIR has been a headline sponsor of since its inception three years ago.
  • I look forward to asking these CEOs why Bermuda remains the world’s risk capital, as well as discussing our global prominence as a property and casualty market.
  • An independent, public-private partnership, we connect you to industry professionals, regulatory officials, and key contacts in the Bermuda government to assist domicile decisions.

PPG and Team Penske enter fifth decade of partnership in racing

Retrieved on: 
Thursday, February 29, 2024

PPG (NYSE: PPG) today announced that it will be the primary sponsor for the Team Penske No.

Key Points: 
  • PPG (NYSE: PPG) today announced that it will be the primary sponsor for the Team Penske No.
  • This marks the start of PPG’s fifth decade of partnership with Team Penske.
  • View the full release here: https://www.businesswire.com/news/home/20240229047403/en/
    PPG has extended its partnership with Team Penske and will feature the No.
  • PPG will also return as a Team Penske partner in the NASCAR® Cup Series (NCS), serving as an associate sponsor of the No.

Pinnacle West Announces Proposed Public Offering of $650 Million of Common Stock

Retrieved on: 
Wednesday, February 28, 2024

Pinnacle West Capital Corp. (NYSE: PNW) (“Pinnacle West”) announced today that it is commencing a registered public offering of $650 million of its common stock in connection with the forward sale agreements described below, subject to market and other conditions.

Key Points: 
  • Pinnacle West Capital Corp. (NYSE: PNW) (“Pinnacle West”) announced today that it is commencing a registered public offering of $650 million of its common stock in connection with the forward sale agreements described below, subject to market and other conditions.
  • Pinnacle West intends to grant the underwriters the option to purchase up to an additional $97.5 million of its common stock.
  • Such borrowed shares of Pinnacle West’s common stock will be delivered by the forward sellers for sale to the underwriters in the offering.
  • Pinnacle West will not initially receive any proceeds from the sale of shares of its common stock by the forward sellers or their affiliates to the underwriters.

The Future of Trailer Tracking: Matrack’s PingMaster 5000 Steals the Show at NATM 2024

Retrieved on: 
Wednesday, February 28, 2024

The PingMaster 5000 won two major NATM awards, the Manufacturer’s Favorite Award and the Innovative Breakthrough Award for best cutting-edge technology.

Key Points: 
  • The PingMaster 5000 won two major NATM awards, the Manufacturer’s Favorite Award and the Innovative Breakthrough Award for best cutting-edge technology.
  • PingMaster 5000 offers precise monitoring of trailer status, direction, and speed with every ping, ensuring alerts are meaningful and actionable.
  • One of the USPs of PingMaster 5000 is its battery life of 5000+ pings, providing 10+ years of service on one daily ping.
  • For more information on how the PingMaster 5000 can transform your trailer security and monitoring, please visit https://pingmaster5000.com/

Gilead Announces Funding Initiative to Support HIV Prevention, Anti-Stigma and Health Equity Efforts for Black Cisgender and Transgender Women and Girls in the U.S.

Retrieved on: 
Tuesday, February 27, 2024

(Prevention, Arts and Advocacy, Community, Education) initiative, a three-year commitment toward increasing HIV prevention, anti-stigma and health equity efforts for Black cisgender and Transgender women and girls, who are disproportionately impacted by the HIV epidemic.

Key Points: 
  • (Prevention, Arts and Advocacy, Community, Education) initiative, a three-year commitment toward increasing HIV prevention, anti-stigma and health equity efforts for Black cisgender and Transgender women and girls, who are disproportionately impacted by the HIV epidemic.
  • In 2021, Black women accounted for 53% of new HIV diagnoses among women aged 16 and older in the United States, despite comprising only 14% of the women living in the country.
  • Additionally, Black Transgender women have the highest rates of new HIV diagnoses among Transgender people and are more likely to go undiagnosed and untreated in comparison to their peers.
  • These inequities are exacerbated by significant gaps in the delivery of effective and culturally relevant HIV prevention information and care services for Black women and girls.