TEB

Paramount Business Jets Presents $210,000 Big Game LVIII Bowl Package with Dream Penthouse and Super Jet Extravaganza

Retrieved on: 
Tuesday, January 30, 2024

Experience the Extravagance: The Big Game LVIII package is designed for a party of four.

Key Points: 
  • Experience the Extravagance: The Big Game LVIII package is designed for a party of four.
  • This exclusive offering includes a round-trip, non-stop private jet flight on a Super Midsize Jet, the Citation X.
  • The Big Game LVIII – A Historic Experience: On Sunday, February 11th, at 2 pm, guests are chauffeured to Allegiant Stadium for the historic Big Game LVIII, the first-ever hosted in Nevada.
  • To secure your spot for the Big Game LVIII Package, please contact our dedicated Private Aviation Advisors at +1-877-727-2538 EXT 1 or via email at [email protected] .

TEB's bond issue generates unprecedented investor interest

Retrieved on: 
Thursday, January 11, 2024

ISTANBUL, Jan. 11, 2024 /PRNewswire/ -- TEB's subordinated bond issuance was led by prominent financial institutions, including Abu Dhabi Commercial Bank, Citibank, HSBC, Emirates NBD, BNP Paribas, and Standard Chartered Bank. The yield rate for the issuance, featuring a ten-year maturity and a call option exercisable in the fifth year, was realized at 9,375 percent. The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.

Key Points: 
  • The international bond issuance garnered significant attention from over 150 global investors, setting a new record with demand exceeding USD 2.9 billion, surpassing the issue amount by more than 7 times.
  • The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.
  • Leblebici: "We take pride in garnering significant interest, a testament to our standing as a strong and reliable bank"
    Commenting on TEB's first subordinated bond issuance, TEB CEO Ümit Leblebici stated: "We received robust demand from foreign investors for our bond issuance.
  • Stating that they convened with international investor companies, Leblebici added, "The USD 400 million Basel III compliant bond issuance executed by our Bank witnessed an unprecedented demand, exceeding USD 2.9 billion and well distributed into foreign investors.

TEB's bond issue generates unprecedented investor interest

Retrieved on: 
Thursday, January 11, 2024

ISTANBUL, Jan. 11, 2024 /PRNewswire/ -- TEB's subordinated bond issuance was led by prominent financial institutions, including Abu Dhabi Commercial Bank, Citibank, HSBC, Emirates NBD, BNP Paribas, and Standard Chartered Bank. The yield rate for the issuance, featuring a ten-year maturity and a call option exercisable in the fifth year, was realized at 9,375 percent. The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.

Key Points: 
  • The international bond issuance garnered significant attention from over 150 global investors, setting a new record with demand exceeding USD 2.9 billion, surpassing the issue amount by more than 7 times.
  • The considerable interest shown by international investors in the bond issuance served as a notable indicator of confidence in both the Turkish financial market and TEB, and achieved our goal of internationally diversifying our investor base.
  • Leblebici: "We take pride in garnering significant interest, a testament to our standing as a strong and reliable bank"
    Commenting on TEB's first subordinated bond issuance, TEB CEO Ümit Leblebici stated: "We received robust demand from foreign investors for our bond issuance.
  • Stating that they convened with international investor companies, Leblebici added, "The USD 400 million Basel III compliant bond issuance executed by our Bank witnessed an unprecedented demand, exceeding USD 2.9 billion and well distributed into foreign investors.

Signature Aviation Closes on Acquisition of Meridian

Retrieved on: 
Tuesday, January 2, 2024

Signature Aviation, the world’s largest private aviation terminal operator, has acquired Meridian, an award-winning private aviation company with bases in Teterboro, NJ (TEB) and Hayward, CA (HWD).

Key Points: 
  • Signature Aviation, the world’s largest private aviation terminal operator, has acquired Meridian, an award-winning private aviation company with bases in Teterboro, NJ (TEB) and Hayward, CA (HWD).
  • View the full release here: https://www.businesswire.com/news/home/20240101716952/en/
    More opportunities to invest in the field and promote aviation services.
  • An expanded network of FBO and hangar locations that our customers can rely on when they travel.
  • “We’re excited to welcome Meridian into the Signature family given our shared mission to operate safely and provide excellent customer service and a great team member experience,” said Tony Lefebvre, CEO of Signature Aviation.

Volato Expands Its Volato Go! Flight Program to Texas

Retrieved on: 
Wednesday, October 11, 2023

network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.

Key Points: 
  • network to the Texas Triangle,” said Gary Waldman, Executive Vice President of Fleet Performance at Volato.
  • With Volato Go!, all customers can take advantage of our lowest dynamic market pricing, with the Volato Go!
  • Texas pricing applies to flights between three Texas airports only: DAL (Dallas Love Field), HOU (William P. Hobby Airport) and AUS (Austin-Bergstrom International).
  • Volato’s other solutions include aircraft fractional ownership, the Volato Insider Program, Volato Aircraft Management Services, and ad hoc charter, which includes highly discounted Daily Deals.

Higginbotham Teams Up with Total Employee Benefits

Retrieved on: 
Thursday, October 12, 2023

FORT WORTH, Texas, Oct. 12, 2023 /PRNewswire/ -- Higginbotham, the largest independent insurance, financial and HR services firm headquartered in Texas and one of the top firms in the country, has joined forces with Total Employee Benefits (TEB) of Atlanta, Georgia, after a courtship period revealed the two firms' shared commitment to client advocacy and crisis support.

Key Points: 
  • "We're proud of our property and casualty practice in Atlanta," said Reid, "but we really wanted to step up the employee benefits side.
  • She has run a practice, she knows the benefits space inside and out, and she knows the region.
  • So along with handling benefits brokerage, administration, enrollment, employee onboarding, and ongoing compliance, we know that we're supporting clients and their employees through times of real, personal crisis.
  • We are looking forward to a long-standing relationship with Higginbotham and to growing the Higginbotham brand and family in the Atlanta area — and beyond!"

FlyHouse Elevates Private Aviation with Two New Gulfstreams in its Luxury Fleet

Retrieved on: 
Monday, July 31, 2023

LOS ANGELES, July 31, 2023 /PRNewswire/ -- FlyHouse, a leading private aviation company, proudly announces the addition of two state-of-the-art aircraft to its luxury fleet - N25GV Gulfstream V and N435HC Gulfstream IV-SP.

Key Points: 
  • LOS ANGELES, July 31, 2023 /PRNewswire/ -- FlyHouse, a leading private aviation company, proudly announces the addition of two state-of-the-art aircraft to its luxury fleet - N25GV Gulfstream V and N435HC Gulfstream IV-SP.
  • With these new additions, FlyHouse continues its mission to revolutionize the private aviation industry, offering discerning travelers an unmatched experience of luxury, comfort, and convenience.
  • "We are thrilled to welcome these exceptional aircraft to our growing fleet," stated Jack E. Lambert, Jr., CEO at FlyHouse.
  • "As a company dedicated to setting new standards for unrivaled luxury and service, these additions perfectly embody our vision for the future of private aviation.

Prime Jet Announces Addition of ERJ 145 to Fleet

Retrieved on: 
Tuesday, May 23, 2023

ENGLEWOOD, Colo., May 23, 2023 /PRNewswire/ -- Prime Jet, a premier global air charter operator offering a full range of personalized private aviation solutions, is proud to announce the addition of an ERJ 145 aircraft to our growing fleet!

Key Points: 
  • ENGLEWOOD, Colo., May 23, 2023 /PRNewswire/ -- Prime Jet, a premier global air charter operator offering a full range of personalized private aviation solutions, is proud to announce the addition of an ERJ 145 aircraft to our growing fleet!
  • The ERJ 145 is ideal for collegiate and professional sports teams, weddings, and other large group charter.
  • "While this is a new product for Prime Jet, our core values and standards remain the same as with our fleet of Gulfstream aircraft.
  • Bases of operation for the ERJ 145 will be similar to our floating fleet of Gulfstreams:  VNY, OPF, TEB, and TPA.

Social Future Raised $6M to Build AI-Driven Virtual Social Platform

Retrieved on: 
Thursday, April 6, 2023

Social Future, an AI-driven social metaverse company, is excited to announce that it has successfully raised $6 million in funding.

Key Points: 
  • Social Future, an AI-driven social metaverse company, is excited to announce that it has successfully raised $6 million in funding.
  • Social Future is also a member of OMA3 (Open Metaverse Alliance) , and partners with well-known metaverse companies such as Animoca Brands, Decentraland, and Metajuice.
  • Social Future aims to create the future of social experience with phygital interaction, immersive content, and self-sovereign communities.
  • Social Future's product, MAY ("Meet Another You") , enables immersive social experiences via personalized avatars.

Blue dot & KPMG Germany form Strategic Alliance on offering jointly Taxable Employee Benefits Technology

Retrieved on: 
Monday, December 12, 2022

AMSTERDAM, Dec. 12, 2022 /PRNewswire/ -- Blue dot, a leading tax platform for employee-driven spend for Taxable Employee Benefits analysis and VAT recovery, announced today a strategic alliance with KPMG Germany. Through this alliance, KPMG Germany can now offer the Blue dot Taxable Employee Benefits (TEB) solution directly to their clients, with KPMG supporting the clients on its implementation, configuration options of submitted transactions by employees for reimbursement for VAT and Employment Tax purposes and where necessary provide professional support as a managed services to comply documentation and effective control mechanisms.

Key Points: 
  • KPMG is one of the leading advisory firms in Germany providing audit, tax, consulting, and deal advisory services to its clients.
  • KPMG sees an increasing need for tax technology, from finance, tax and payroll departments in order to keep control over this data.
  • This strategic alliance will allow KPMG Germany to have their clients enjoy the capabilities and features the global Blue dot platform offers.
  • The Blue dot tax compliance platform harnesses digitization, tax compliance and automation to process and analyze a company's employee spend data for value-added tax and taxable employee benefits.