ICR

EQS-News: Aroundtown SA announces FY 2023 results with strong liquidity and solid operations

Retrieved on: 
Wednesday, April 10, 2024

Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.

Key Points: 
  • Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the year 2023 in the top range of full year guidance, successfully navigating a volatile macroeconomic environment.
  • €1 billion in new bank debt during 2023 from a variety of different banks, utilizing the strong banking relationships.
  • You can find the Consolidated Report for FY 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link:

EQS-News: CPI PROPERTY GROUP publishes financial results for 2023

Retrieved on: 
Wednesday, April 10, 2024

CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.

Key Points: 
  • CPI PROPERTY GROUP (hereinafter “CPIPG”, the “Company” or together with its subsidiaries the “Group”), a leading European landlord, hereby publishes audited financial results for the financial year ended 31 December 2023.
  • “CPIPG’s results in 2023 demonstrate the resilient and high-yielding nature of real estate in the CEE region,” said David Greenbaum, CEO.
  • The Group raised over €2.5 billion of secured and unsecured external financing in 2023, including €1.2 billion of fresh cash.
  • CPIPG will host a webcast in relation to its financial results for 2023.

Aroundtown SA announces FY 2023 results with strong liquidity and solid operations

Retrieved on: 
Wednesday, April 10, 2024

Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.

Key Points: 
  • Liquidity balance increased to €3 billion and net debt reduced by €0.9 billion during 2023.
  • Aroundtown (‘the Company’ or ‘AT’) announces results for the year 2023 in the top range of full year guidance, successfully navigating a volatile macroeconomic environment.
  • €1 billion in new bank debt during 2023 from a variety of different banks, utilizing the strong banking relationships.
  • You can find the Consolidated Report for FY 2023 on AT’s website under Investor Relations > Publications > Financial Reports or under this link:

ICR Capital, Leading Equity Capital Markets Advisory Firm, Publishes its Q1 Equity Capital Markets Update & Outlook

Retrieved on: 
Monday, April 8, 2024

ICR Capital, a leading capital markets advisory firm, today released its First Quarter Equity Capital Markets Update & Outlook report.

Key Points: 
  • ICR Capital, a leading capital markets advisory firm, today released its First Quarter Equity Capital Markets Update & Outlook report.
  • These favorable market conditions led to a resurgence in equity issuance in Q1,” said Steve Parish, Co-Head of ICR Capital.
  • As always, The ICR Capital team is eager to discuss capital markets objectives with corporate management teams and financial investors.
  • Click here to download ICR Capital’s 1Q 2024 Equity Capital Markets Update & Outlook report.

CHARM Therapeutics Announces Foundation of Scientific Advisory Board (SAB)

Retrieved on: 
Tuesday, March 19, 2024

LONDON – 19 March 2024 -- CHARM Therapeutics (“CHARM”, “The Company”), a 3D deep-learning research company discovering and developing transformational medicines, today announces the foundation of its Scientific Advisory Board (SAB) to provide expert insight and guidance to the Company on the optimal application of 3D deep learning, protein design and prediction in real world medicine.

Key Points: 
  • LONDON – 19 March 2024 -- CHARM Therapeutics (“CHARM”, “The Company”), a 3D deep-learning research company discovering and developing transformational medicines, today announces the foundation of its Scientific Advisory Board (SAB) to provide expert insight and guidance to the Company on the optimal application of 3D deep learning, protein design and prediction in real world medicine.
  • This pioneering technology enables CHARM to target and develop treatments for previously hard-to-drug targets in cancer and other therapeutic areas.
  • Laksh Aithani, Co-Founder, Chief Executive Officer and Board Member of CHARM Therapeutics, said: “As CHARM advances its 3D deep learning platform in discovery it’s critical to maintain aligned oversight of our priorities and keep abreast of this emerging field.
  • Founding members of CHARM’s SAB:
    David Baker, Ph.D. is a Scientific Co-Founder at CHARM and Chair of the SAB.

Reply introduces LoopMind, the solution for monitoring and securing operations with Generative AI

Retrieved on: 
Thursday, April 4, 2024

Reply introduces LoopMind , the solution designed to ensure monitoring, security, and compliance in processes that utilise artificial intelligence.

Key Points: 
  • Reply introduces LoopMind , the solution designed to ensure monitoring, security, and compliance in processes that utilise artificial intelligence.
  • With its monitoring capabilities, LoopMind provides operators with full visibility into workflows and automated operations using AI, in compliance with the standards established by the European AI Act.
  • View the full release here: https://www.businesswire.com/news/home/20240404536264/en/
    LoopMind is the solution developed by Sprint Reply to ensure control, security and compliance in the use of Generative AI within business processes.
  • Thanks to advanced monitoring features, which use generative AI models, it offers operators complete visibility on workflows and automated operations thanks to AI, supporting compliance with the standards established by the European AI Act.

AM Best Removes From Under Review With Negative Implications and Affirms Credit Ratings of Florida Farm Bureau Group’s Members

Retrieved on: 
Thursday, April 4, 2024

AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.

Key Points: 
  • AM Best has removed from under review with negative implications and affirmed the Financial Strength Rating (FSR) of B++ (Good) and the Long-Term Issuer Credit Ratings (Long-Term ICR) of “bbb+” (Good) of Florida Farm Bureau Casualty Insurance Company and its fully reinsured subsidiary, Florida Farm Bureau General Insurance Company, collectively referred to as Florida Farm Bureau Group.
  • The Credit Ratings (ratings) reflect Florida Farm Bureau Group’s balance sheet strength, which AM Best assesses as strong, as well as its marginal operating performance, limited business profile and appropriate enterprise risk management.
  • Additionally, the ratings reflect enhancement given the implicit and explicit support provided by its parent, Southern Farm Bureau Casualty Insurance Company.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .

AM Best Upgrades Issuer Credit Rating of ASSA Compañía de Seguros S.A.

Retrieved on: 
Wednesday, April 3, 2024

AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ASSA Compañía de Seguros S.A. (ASSA) (Panama City, Panama).

Key Points: 
  • AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a+” (Excellent) from “a” (Excellent) and affirmed the Financial Strength Rating (FSR) of A (Excellent) of ASSA Compañía de Seguros S.A. (ASSA) (Panama City, Panama).
  • ASSA is a subsidiary of ASSA Compañía Tenedora, S.A. and is owned ultimately by Grupo ASSA, S.A., a financial service holding company publicly traded on the Panama Stock Exchange.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

ICR, the Leading SPAC Communications and Advisory Firm, Publishes its SPAC Market Update & Outlook

Retrieved on: 
Monday, April 1, 2024

ICR , a leading strategic communications and advisory firm, today released its April SPAC Market Update & Outlook report.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, today released its April SPAC Market Update & Outlook report.
  • The SPAC IPO market appears to have normalized with six SPAC IPOs pricing during the first quarter, of which over 30% were from serial sponsors that returned to the market.
  • In the first quarter there were 29 completed SPAC deals, a similar amount to the previous quarter and above the quarterly average for the last two years.
  • To obtain a copy of ICR’s April SPAC Market Update & Outlook report, please click here .

AM Best Removes From Under Review With Positive Implications and Upgrades Issuer Credit Rating of Generali France S.A.

Retrieved on: 
Wednesday, March 27, 2024

AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Generali France S.A. (Generali France) (France), an intermediate non-operating holding company.

Key Points: 
  • AM Best has removed from under review with positive implications and upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to “a-” (Excellent) from “bbb+” (Good) of Generali France S.A. (Generali France) (France), an intermediate non-operating holding company.
  • The Long-Term ICR was placed under review with positive implications on 18 January 2024, following the release of the updated Best’s Credit Rating Methodology (BCRM).
  • The rating has been removed from under review with positive implications as AM Best has completed its analysis of Generali France under the updated BCRM.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best’s Credit Ratings .