ING

Lightsource bp Completes $460 Million Financing Package for Solar Projects in Louisiana and Indiana

Retrieved on: 
Thursday, June 1, 2023
Alternative Energy, Energy, Utilities, Climate, ING Group, Life, Engineering, NatWest Group, EPC, Risk management, First Solar, ING, Carbon, Wind, Commercial bank, Biodiversity, Lightsource BP, Inflation, Prairie Ronde Township, Michigan, Bank of America, Climate change, Honeysuckle, ATI Technologies, Société Générale, Lloyds Banking Group, ESG, Inflation Reduction Act of 2022, Development, Bank, Engineering, procurement, and construction, NatWest, Bee, Renewable energy, Light

Lightsource bp has successfully closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 megawatt (MW) portfolio comprised of two utility-scale solar projects in the United States.

Key Points: 
  • Lightsource bp has successfully closed on a $460 million multi-project financing package, which will support the construction and operation of a 368 megawatt (MW) portfolio comprised of two utility-scale solar projects in the United States.
  • Over the last four years, the Lightsource bp team has raised over $3.7 billion in financing for projects in eleven states across the U.S. with a growing list of world-class financing partners.
  • Debt for this portfolio was provided by the following Mandated Lead Arrangers, with the balance of equity requirements supported by Lightsource bp.
  • Additionally, Lightsource bp works to increase biodiversity under and around the solar panels at our projects, as part of our Responsible Solar ethos.

Progress on share buyback programme

Retrieved on: 
Tuesday, May 30, 2023
International, Failure, Table, Life, Internet, Risk, FTSE Russell, Lung compliance, ING, ING Group, Morning Star, ADR (treaty), MSCI, Sustainability, Climate change, Sustainalytics, COVID-19, European, Biophysical environment, ESG, Social, FATCA, Annual report, AA, S&P Global Ratings, Legislation, Rare-earth element, Cryptocurrency, EU, Euronext

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points: 
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 58,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks.

Atmus Filtration Technologies Announces Closing of Initial Public Offering

Retrieved on: 
Tuesday, May 30, 2023
Automotive Manufacturing, Aftermarket, Aerospace, Automotive, Manufacturing, Trucking, HVAC, Transport, General Automotive, Other Manufacturing, Engineering, HSBC, IPO, Baird, BofA Securities, J.P. Morgan & Co., ING, Sale, KeyBank, CMI, Wells Fargo, Form, NYSE, Security (finance)

Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full exercise of their option to purchase 2,118,661 additional shares.

Key Points: 
  • Atmus Filtration Technologies Inc. (Atmus; NYSE: ATMU), a global leader in the filtration industry, today announced the closing of its initial public offering (“IPO”) of 16,243,070 shares of its common stock at a price to the public of $19.50 per share, including the underwriters’ full exercise of their option to purchase 2,118,661 additional shares.
  • Shares of Atmus’ common stock began trading on the New York Stock Exchange under the symbol “ATMU” on May 26, 2023.
  • As of the closing of the IPO, Cummins Inc. (Cummins; NYSE: CMI) owns approximately 80.5% of the total outstanding shares of Atmus common stock.
  • Atmus did not sell any shares and did not receive any proceeds from the sale of shares in the offering.

Cool Company Ltd. Q1 2023 Business Update

Retrieved on: 
Tuesday, May 23, 2023
Transfer, Exercise, FSRU, Insurance, JKM, DTC, Maintenance, Piracy, TTF, Accident, Quarter, Ice, Bank statement, Successor, Policy, SOFR, Golar LNG, MT Botaş FSRU Ertuğrul Gazi, ING, Risk, Golar Spirit, Carbon, Sale, CSDR, IMO, Acquisition, Knowledge, EPS, Hand, Environment, NYSE, Title Transfer Facility, Cryptocurrency, Airline, Security (finance), Holding company, Audit, Industrial gas, Risk management, LNG, European, Atlantic Ocean

The Golar Seal completed its charter and was immediately delivered to her new owner on March 22, 2023, ensuring no idle-time and a Q1 fleet utilization of 100%.

Key Points: 
  • The Golar Seal completed its charter and was immediately delivered to her new owner on March 22, 2023, ensuring no idle-time and a Q1 fleet utilization of 100%.
  • There are no drydocks planned for 2023, with the next drydock expected during the second quarter of 2024.
  • With the recent sale of the Golar Seal, the Company has sufficient funds available to fund the initial milestones of the newbuild option (if exercised) on or prior to June 30, 2023.
  • The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise unless required by law.

Progress on share buyback programme

Retrieved on: 
Tuesday, May 23, 2023
International, Failure, Table, Life, Internet, Risk, FTSE Russell, Lung compliance, ING, ING Group, Morning Star, ADR (treaty), MSCI, Sustainability, Climate change, Sustainalytics, COVID-19, European, Biophysical environment, ESG, Social, FATCA, Annual report, AA, S&P Global Ratings, Legislation, Rare-earth element, Cryptocurrency, EU, Euronext

The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.

Key Points: 
  • The purpose of ING Bank is: empowering people to stay a step ahead in life and in business.
  • ING Bank’s more than 58,000 employees offer retail and wholesale banking services to customers in over 40 countries.
  • ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).
  • Sustainability is an integral part of ING’s strategy, evidenced by ING’s leading position in sector benchmarks.

Atmus Filtration Technologies Announces Pricing of Initial Public Offering

Retrieved on: 
Friday, May 26, 2023
General Automotive, Aftermarket, Agriculture, Automotive, HVAC, Natural Resources, Other Manufacturing, Other Transport, Packaging, Engineering, Transport, Manufacturing, Attention, HSBC, IPO, Baird, Telephone, BofA Securities, J.P. Morgan & Co., ING, Sale, KeyBank, Goldman Sachs, Prospectus, CMI, Wells Fargo, Form, Filtration, NYSE, Broadridge Financial Solutions, Security (finance)

Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share.

Key Points: 
  • Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced the pricing of its initial public offering (IPO) of 14,124,409 shares of its common stock owned by Cummins at a price to the public of $19.50 per share.
  • The offering is expected to close on May 30, 2023, subject to customary closing conditions.
  • Upon completion of the IPO, Cummins is expected to hold approximately 83.0% of Atmus, or 80.5% if the underwriters' option to purchase additional shares is exercised in full.
  • Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC are acting as joint lead book-running managers and as representatives of the underwriters for the offering.

Independent Research Firm Confirms: AI Decision Platform of German Software Vendor ACTICO is 'Strong Performer'

Retrieved on: 
Wednesday, May 17, 2023
Insurance, Forrester Research, ING, Volkswagen Group, Organization, IT, Explainable artificial intelligence, Machine learning, AI, Forrester, Cryptocurrency, Online shopping

CHICAGO, IL, May 18, 2023 - (ACN Newswire) - Today, independent analyst firm Forrester Research released The Forrester Wave(TM): AI Decisioning Platforms, Q2 2023 (1).

Key Points: 
  • CHICAGO, IL, May 18, 2023 - (ACN Newswire) - Today, independent analyst firm Forrester Research released The Forrester Wave(TM): AI Decisioning Platforms, Q2 2023 (1).
  • Forrester names German vendor ACTICO a 'Strong Performer' among 12 other firms.
  • The German company, with offices in Chicago and Singapore, develops compliance and credit decisioning software for the finance sector.
  • These applications are based on the award-winning ACTICO Platform, which was evaluated in the Forrester report on the basis of 23 criteria and alongside 12 platforms of other vendors.

DKSH Links Existing CHF 315 Million Bank Loan to Sustainability Targets

Retrieved on: 
Monday, May 22, 2023
Sustainable finance, DKSH, ING Group, Failure, CHF, Environment, ING, Renewable energy, Bank

DKSH has converted its existing CHF 315 million bank loan into a sustainability-linked loan by tying the interest terms to its ambitious sustainability targets.

Key Points: 
  • DKSH has converted its existing CHF 315 million bank loan into a sustainability-linked loan by tying the interest terms to its ambitious sustainability targets.
  • These targets are consistent with DKSH's overall sustainability strategy to increase gender diversity in its senior leadership team and become climateneutral (Scope 1+2) by 2030.
  • Zurich, Switzerland, May 22, 2023 – DKSH, a leading Market Expansion Services provider and trusted partner for companies looking to grow in Asia and beyond, has for the first time converted an existing CHF 315 million bank loan into a sustainability-linked loan.
  • Ido Wallach, DKSH CFO, stated: “With the conversion of this loan, DKSH links its financing terms for the first time to sustainability targets.

Contango ORE Closes Its Secured Credit Facility With ING and Macquarie to Fund the Construction of the Manh Choh Gold Project

Retrieved on: 
Thursday, May 18, 2023
Mining, Minerals, Natural Resources, LLP, Site Waste Management Plans Regulations 2008, Metal, Environmental protection, Mining in the United States, Peak gold, ING, Element, SOFR, Gold, Contango, Macquarie Group, Holland & Knight, Kiewit, Credit, News, NYSE, Mine, Rare-earth element, Security (finance), Bank

PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.

Key Points: 
  • PGJV has received the federal permits needed for road construction and early work construction, which has been underway since August 2022 and continued throughout the winter months.
  • First gold production from the project is expected in the second half of 2024.
  • Building upon the relationship with these two institutions will be a key part of growing the Company going forward.
  • As a condition precedent to the second borrowing, the Company is required to hedge approximately 125koz of its attributable gold production from Manh Choh.

Atmus Filtration Technologies Announces Launch of Initial Public Offering

Retrieved on: 
Tuesday, May 16, 2023
Machine Tools, Metalworking & Metallurgy, Engineering, Automotive Manufacturing, HVAC, Manufacturing, Other Manufacturing, Machinery, Attention, HSBC, IPO, Baird, Telephone, BofA Securities, ING, Sale, KeyBank, Goldman Sachs, Prospectus, CMI, Wells Fargo, Form, Filtration, NYSE, J. P. Morgan, Broadridge Financial Solutions, Security (finance)

Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO).

Key Points: 
  • Atmus Filtration Technologies Inc. (Atmus), the Filtration business unit of Cummins Inc. (Cummins; NYSE: CMI), today announced that it has launched a roadshow for its proposed initial public offering (IPO).
  • The IPO is for 14,124,409 shares of the common stock of Atmus currently owned by Cummins.
  • The underwriters will also be granted a 30-day option to purchase up to an additional 2,118,661 shares at the IPO price, less underwriting discounts and commissions.
  • Goldman Sachs & Co. LLC and J.P. Morgan Securities LLC will act as joint lead book-running managers and as representatives of the underwriters for the proposed offering.