GBP

SquaredFinancial launches its lucrative Fixed-Time Deposit Account with up to 5.25% Annual Percentage Rate

Retrieved on: 
Monday, November 27, 2023

The Fixed-Time Deposit Account combines the best features of a savings account.

Key Points: 
  • The Fixed-Time Deposit Account combines the best features of a savings account.
  • Clients can accumulate interest rates of up to 5.25% while initiating deposits as modest as USD 5,000.
  • The APR ranges from 4.05% to 5.25% depending on their chosen deposit term which ranges from 3 to 12 months.
  • What sets this account apart is its flexibility in currencies, offering USD, EUR, GBP, AED, and USDT options and catering to diverse financial management needs.

SquaredFinancial launches its lucrative Fixed-Time Deposit Account with up to 5.25% Annual Percentage Rate

Retrieved on: 
Monday, November 27, 2023

The Fixed-Time Deposit Account combines the best features of a savings account.

Key Points: 
  • The Fixed-Time Deposit Account combines the best features of a savings account.
  • Clients can accumulate interest rates of up to 5.25% while initiating deposits as modest as USD 5,000.
  • The APR ranges from 4.05% to 5.25% depending on their chosen deposit term which ranges from 3 to 12 months.
  • What sets this account apart is its flexibility in currencies, offering USD, EUR, GBP, AED, and USDT options and catering to diverse financial management needs.

Ericsson issues first green bond

Retrieved on: 
Thursday, November 23, 2023

A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years

Key Points: 
  • A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years
    STOCKHOLM, Nov. 23, 2023 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has successfully placed a green Euro-denominated 500 million 4.5-year bond.
  • Carl Mellander, Ericsson's CFO, says, "The successful placement of this green bond confirms the market confidence in Ericsson's long-term competitiveness and in our strong sustainability ambitions.
  • Ericsson's Green Financing Framework enables the Company to issue green bonds and other green financing instruments.
  • The framework was developed in accordance with the 2021 ICMA Green Bond Principles (GBP).

Ericsson issues first green bond

Retrieved on: 
Thursday, November 23, 2023

A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years

Key Points: 
  • A green bond of EUR 500 million within the Green Financing Framework, with a maturity of 4.5 years
    STOCKHOLM, Nov. 23, 2023 /PRNewswire/ -- Ericsson (NASDAQ:ERIC) has successfully placed a green Euro-denominated 500 million 4.5-year bond.
  • Carl Mellander, Ericsson's CFO, says, "The successful placement of this green bond confirms the market confidence in Ericsson's long-term competitiveness and in our strong sustainability ambitions.
  • Ericsson's Green Financing Framework enables the Company to issue green bonds and other green financing instruments.
  • The framework was developed in accordance with the 2021 ICMA Green Bond Principles (GBP).

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

Natura &Co to sell The Body Shop to Aurelius

Retrieved on: 
Tuesday, November 14, 2023

SÃO PAULO, Nov. 14, 2023 /PRNewswire/ -- Natura &Co (NYSE – NTCO; B3 – NTCO3) announces that it has reached agreement to sell The Body Shop to international private equity group Aurelius, marking a new step in the Group's strategy to simplify and refocus its operations.

Key Points: 
  • Under the transaction, Aurelius has signed an agreement to acquire The Body Shop for an enterprise value of GBP 207 million, including an earn-out of GBP 90 million.
  • The Body Shop will benefit from Aurelius' strong track record in building up companies to continue its transformation journey.
  • The Body Shop also became a certified B Corp™ in 2019, broadening its sustainability commitments and regaining its advocacy voice.
  • Fabio Barbosa, Chief Executive Officer of Natura &Co, declared: "With the sale of The Body Shop, we are taking another important step in Natura &Co's new development cycle to unlock significant value.

RMB provides £25m revolving credit facility to Westbrooke's Yield Plus UK secured private debt fund

Retrieved on: 
Friday, November 10, 2023

LONDON, Nov. 10, 2023 /PRNewswire/ -- Rand Merchant Bank ("RMB") and Westbrooke Alternative Asset Management UK Limited ("Westbrooke UK"), are pleased to announce the completion of a £25m credit facility to Westbrooke Yield Plus Plc (the "Fund").

Key Points: 
  • LONDON, Nov. 10, 2023 /PRNewswire/ -- Rand Merchant Bank ("RMB") and Westbrooke Alternative Asset Management UK Limited ("Westbrooke UK"), are pleased to announce the completion of a £25m credit facility to Westbrooke Yield Plus Plc (the "Fund").
  • The implementation coincides with the milestone of the Fund exceeding £100m in assets under management ("AUM").
  • This transaction marks a significant milestone for Westbrooke UK and the Fund, reinforcing our commitment to delivering innovative debt solutions to lower-mid market borrowers and originators across the UK."
  • [Disclaimer: This press release contains forward-looking statements that reflect current expectations and future projections of the Fund and RMB.

Jollibee UK Reports Robust Q3 2023 Growth Driven by Strong Consumer Demand

Retrieved on: 
Thursday, December 14, 2023

"Our strong Q3 2023 results affirm our efforts towards providing great-tasting, craveable, and excellent value-for-money food offerings to UK consumers," shared Dennis Flores, Jollibee Group President for Europe, Middle East, Asia, and Australia.

Key Points: 
  • "Our strong Q3 2023 results affirm our efforts towards providing great-tasting, craveable, and excellent value-for-money food offerings to UK consumers," shared Dennis Flores, Jollibee Group President for Europe, Middle East, Asia, and Australia.
  • Strong marketing campaigns for its bestsellers also contributed to stellar growth, accompanied by partnerships with major UK aggregators that drive strong delivery sales.
  • Jollibee UK's stellar growth contributed to the overall strong performance of its parent company, the Jollibee Group.
  • Total Jollibee Group systemwide sales grew by a robust 11.8% in Q3 and 19.1% in YTD September 2023 compared to the same periods last year.

EQS-News: Continued strong performance in the third quarter of 2023

Retrieved on: 
Wednesday, December 13, 2023

The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).

Key Points: 
  • The third quarter saw revenues of €617 million (Q3 2022: €698 million) including only €4 million from COVID-19 testing (Q3 2022: €102 million).
  • Q3 2023 underlying growth was 5.1% with strong volume growth of 3.5% and price increase of 1.6%.
  • Synnovis, the South East London hospital outsourcing contract grew 14.3% in Q3 2023 and contributed 1.9pts of the overall Q3 2023 underlying growth.
  • €200 million TLA debt was subsequently reimbursed in Q4 2023 following the sale of the Veterinary business at the end of September 2023.

EQS-News: Offer Update Announcement

Retrieved on: 
Sunday, December 10, 2023

Shareholders should refer to the offer restrictions included in the section titled "Important information" at the end of this announcement and in the offer document which will be published shortly before the commencement of the acceptance period under the Offer.

Key Points: 
  • Shareholders should refer to the offer restrictions included in the section titled "Important information" at the end of this announcement and in the offer document which will be published shortly before the commencement of the acceptance period under the Offer.
  • This announcement constitutes the Final Results Announcement for the purposes of the Offer Document.
  • In accordance with Section 5.5 of the Offer Document, Settlement of the Offer will take place on or around 10 Trading Days after the date of this announcement.
  • Capitalised terms in this announcement, unless otherwise defined, have the same meanings as set out in the Offer Document.