Swanson v. Citibank N.A.

Click Therapeutics Secures $20 Million Debt Financing from HSBC

Retrieved on: 
Monday, November 6, 2023

Click Therapeutics, Inc. (“Click”), a leader in Digital Therapeutics™ as prescription medical treatments, today announced that it has closed on a $20 million term loan from HSBC Innovation Banking, a division of HSBC Bank USA, N.A.

Key Points: 
  • Click Therapeutics, Inc. (“Click”), a leader in Digital Therapeutics™ as prescription medical treatments, today announced that it has closed on a $20 million term loan from HSBC Innovation Banking, a division of HSBC Bank USA, N.A.
  • The term loan was partially drawn at closing, with the proceeds used to retire Click’s previous term loan.
  • “The last few years have been a period of tremendous growth for Click, and we could not be more excited to partner with HSBC Innovation Banking, a leader in the innovation economy,” said Randall Stanicky, Chief Financial Officer of Click Therapeutics.
  • Click is also progressing its lead internal program for the preventive treatment of migraine with pivotal data expected in 2024.

Citi Appointed as Depositary Bank for Abivax SA’s ADR Program

Retrieved on: 
Thursday, October 26, 2023

Citi, acting through Citibank N.A., has been appointed by Abivax SA (“Abivax”), to act as depositary bank for its initial public offering (the “IPO”) of Abivax’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by Abivax SA (“Abivax”), to act as depositary bank for its initial public offering (the “IPO”) of Abivax’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.
  • Abivax’s ADSs trade on the Nasdaq Global Market under the ticker symbol “ABVX”.
  • The company’s underlying ordinary shares are listed on Euronext Paris under the symbol “ABVX”.
  • With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries, and investors.

Citi Appointed as Depositary Bank for Turbo Energy S.A.’s ADR Program

Retrieved on: 
Friday, September 29, 2023

Citi, acting through Citibank N.A., has been appointed by Turbo Energy, S.A. (“Turbo Energy”), a leader in smart solar storage on a residential scale, to act as depositary bank for its initial public offering (the “IPO”) of Turbo Energy’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by Turbo Energy, S.A. (“Turbo Energy”), a leader in smart solar storage on a residential scale, to act as depositary bank for its initial public offering (the “IPO”) of Turbo Energy’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.
  • Turbo Energy’s American Depositary Shares (“ADS”) trade on the Nasdaq Capital Market under the symbol “TURB”.
  • With depositary receipt programs in 67 markets, spanning equity and fixed-income products, Citi leverages its global network to provide cross-border capital market access to issuers, intermediaries, and investors.
  • For more information on Turbo Energy, visit https://www.turbo-e.com/ .

EQS-News: Cinven to launch public acquisition offer for SYNLAB AG

Retrieved on: 
Friday, September 29, 2023

(“Ephios”), an entity controlled by funds managed and/or advised by Cinven, today announced its decision to launch a public acquisition offer (the “Offer”) for all outstanding shares of SYNLAB AG (“SYNLAB” or the “Company”) not directly held by it.

Key Points: 
  • (“Ephios”), an entity controlled by funds managed and/or advised by Cinven, today announced its decision to launch a public acquisition offer (the “Offer”) for all outstanding shares of SYNLAB AG (“SYNLAB” or the “Company”) not directly held by it.
  • Cinven has not acquired any SYNLAB share from any shareholder above the offer price and does not intend to do so.
  • Cinven has secured financing commitments for the acquisition of all outstanding shares in SYNLAB AG not directly held by Ephios.
  • The offer document (once available) and other information relating to the Offer will be published on the following website: https://www.ephios-offer.com/

Citi Appointed as Depositary Bank for Arm Holdings plc’s ADR Programme

Retrieved on: 
Tuesday, September 19, 2023

Citi, acting through Citibank N.A., has been appointed by Arm Holdings plc (“Arm”) to act as depositary bank for its initial public offering (the “IPO”) of Arm’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.

Key Points: 
  • Citi, acting through Citibank N.A., has been appointed by Arm Holdings plc (“Arm”) to act as depositary bank for its initial public offering (the “IPO”) of Arm’s American Depositary Shares (“ADSs” or “ADRs”) representing its ordinary shares.
  • Arm’s ADR Programme has been established in connection with a US$5.2 billion IPO of its ADRs, priced at US$51 per ADR.
  • The ADRs are listed on the Nasdaq Global Select Market under the symbol “ARM”.
  • Commenting on the appointment, Dirk Jones, Global Head of Issuer Services, at Citi said: “I am delighted that Citi has been selected by Arm as its ADR depositary for this listing.

Pan American Silver Announces Completion of Successful Consent Solicitations with Respect to Yamana Gold Inc.’s 4.625% Senior Notes Due 2027 and 2.630% Senior Notes Due 2031

Retrieved on: 
Friday, May 5, 2023

As a result, for so long as the Notes are guaranteed by Pan American or any other entity that directly or indirectly controls Yamana, reports of Pan American or of such other controlling entity may be provided in lieu of reports of Yamana.

Key Points: 
  • As a result, for so long as the Notes are guaranteed by Pan American or any other entity that directly or indirectly controls Yamana, reports of Pan American or of such other controlling entity may be provided in lieu of reports of Yamana.
  • The consent solicitations related to the Notes expired as of 5:00 p.m., New York City time, on May 4, 2023 (the "Expiration Time").
  • Yamana, Pan American, the other guarantors thereto, Wilmington Trust, National Association (as Trustee), and Citibank N.A.
  • Any persons with questions regarding the consent solicitations relating to the Notes should contact RBC Capital Markets, LLC, the Solicitation Agent, at (212) 618-7843, (877) 381-2099 (toll-free) or email at [email protected] .

Scott+Scott Attorneys at Law LLP and Tusa P.C. File Class Action Against Citibank N.A.

Retrieved on: 
Tuesday, February 14, 2023

NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- On February 10, 2023, Scott+Scott Attorneys at Law LLP (“Scott+Scott”) and Tusa P.C.

Key Points: 
  • NEW YORK, Feb. 14, 2023 (GLOBE NEWSWIRE) -- On February 10, 2023, Scott+Scott Attorneys at Law LLP (“Scott+Scott”) and Tusa P.C.
  • , filed a class action against Citibank N.A.
  • (“Citibank”) in New York federal court alleging that Citibank refuses to refund monies stolen from its customers’ bank accounts due to identity theft or other wire or electronic transfers.
  • Even though the customers did not authorize these transactions, and notified Citibank of the fraud, Citibank refuses to refund the money stolen from the account.

Nacha Announces Board Officers and Directors for 2023

Retrieved on: 
Wednesday, February 1, 2023

Nacha today announced the addition of four new and two re-elected members to its Board of Directors.

Key Points: 
  • Nacha today announced the addition of four new and two re-elected members to its Board of Directors.
  • The Nacha Board provides strategic guidance related to the modern ACH Network and the governance of Nacha as an industry association.
  • “I am honored to welcome these distinguished payments leaders to our Board of Directors,” said Jane Larimer, Nacha President and CEO.
  • Nacha Board members that recently began their terms are:
    Jennifer Denoo, President & Chief Executive Officer, Great Basin Federal Credit Union.

Notice to the Annual General Meeting of Stora Enso Oyj

Retrieved on: 
Tuesday, January 31, 2023

HELSINKI, Jan. 31, 2023 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 16 March 2023.

Key Points: 
  • HELSINKI, Jan. 31, 2023 /PRNewswire/ -- The Board of Directors of Stora Enso Oyj has decided to convene the Annual General Meeting to be held on Thursday 16 March 2023.
  • Notice is given to the shareholders of Stora Enso Oyj ("Stora Enso" or the "Company") to the Annual General Meeting (the "AGM") to be held on Thursday 16 March 2023 at 16 p.m. Finnish time at Marina Congress Center, Katajanokanlaituri 6, Helsinki, Finland.
  • The proposals for decisions relating to the agenda of the AGM and this notice are available on Stora Enso Oyj's website at storaenso.com/agm.
  • (ii) Request temporary registration in the shareholders' register of Stora Enso Oyj maintained by Euroclear Finland Oy.

ENEL ANNOUNCES EARLY TENDER RESULTS OF ITS TENDER OFFER FOR U.S.$1,250,000,000 8.750% CAPITAL SECURITIES DUE 2073

Retrieved on: 
Tuesday, January 24, 2023

The solicitation of offers to sell the Securities is only being made pursuant to the terms of the Offer to Purchase.

Key Points: 
  • The solicitation of offers to sell the Securities is only being made pursuant to the terms of the Offer to Purchase.
  • Holders of USD Securities should also be aware of the tax formalities below.
  • The USD Securities are evidenced by one or more global securities (the "Global Securities") registered in the name of Monte Titoli S.p.A. ("Monte Titoli"), as operator of the Italian central securities clearing system.
  • See "Important Information Regarding the Tender Offers" and "Certain Italian Tax Considerations" and "Appendix A" included in the Offer to Purchase.