Philippine Rating Services Corporation

World Financial Split Corp. Announces Year End Results

Retrieved on: 
Wednesday, March 29, 2023

TORONTO, March 29, 2023 (GLOBE NEWSWIRE) -- (TSX: WFS; WFS.PR.A) World Financial Split Corp. (the “Fund”) announces results of operations for the year ended December 31, 2022.

Key Points: 
  • TORONTO, March 29, 2023 (GLOBE NEWSWIRE) -- (TSX: WFS; WFS.PR.A) World Financial Split Corp. (the “Fund”) announces results of operations for the year ended December 31, 2022.
  • Decrease in net assets attributable to holders of Class A shares amounted to $2.11 million or $2.30 per Class A share.
  • As at December 31, 2022, net assets attributable to holders of Class A shares were $1.05 million or $1.15 per Class A share.
  • Cash distributions to Preferred Shareholders totaling $0.48 million or $0.53 per Preferred share were paid during the year.

Dr. Timothy L. Hall to Retire as 12th President of Mercy College in June 2023

Retrieved on: 
Friday, April 22, 2022

DOBBS FERRY, N.Y., April 22, 2022 /PRNewswire-PRWeb/ -- Dr. Timothy L. Hall announced today that he will retire from his position as President of Mercy College in June 2023 after nine years.

Key Points: 
  • Dr. Timothy L. Hall announced today that he will retire from his position as President of Mercy College in June 2023 after nine years.
  • DOBBS FERRY, N.Y., April 22, 2022 /PRNewswire-PRWeb/ -- Dr. Timothy L. Hall announced today that he will retire from his position as President of Mercy College in June 2023 after nine years.
  • Hall joined Mercy College in 2014 from Austin Peay State University where he served as the President.
  • "After nearly eight years of service at Mercy College, my wife and I are announcing our intent to retire in a little more than a year.

LEVERAGE Affiliate of Southeastern Credit Unions Partners with Zest AI

Retrieved on: 
Thursday, April 14, 2022

TALLAHASSEE, Fla. and LOS ANGELES, April 14, 2022 /PRNewswire/ -- Zest AI announced a partnership today with LEVERAGE, the for-profit service corporation for the League of Southeastern Credit Unions & Affiliates (LSCU), to bring Zest's industry-leading AI lending software to more than 10.4 million members across Alabama, Florida, and Georgia.

Key Points: 
  • Credit unions using Zest software achieve five-fold increases in instant-decisioning rates and are more inclusive, drawing on deep insights from credit reports and loan histories.
  • "This partnership with LEVERAGE is a meaningful opportunity to bring the benefits of AI-driven lending to credit unions of all sizes and across the Southeast," said Jose Valentin, Senior Vice President of Partnerships at Zest AI.
  • "LEVERAGE is committed to equipping credit unions with the products and services they need to grow their financial institutions," stated Steve Willis, President of LEVERAGE.
  • The League of Southeastern Credit Unions & Affiliates represents 315 credit unions throughout Alabama, Florida, and Georgia and has a combined total of more than $151 billion in assets and more than 10.4 million members.

AdvisorShares Announces North Square Investments' Affiliate, CS McKee, as Sub-Advisor to ESG Core Bond ETF (Ticker: MENV) and Ultra-Low Duration Fixed Income ETF (Ticker: HOLD)

Retrieved on: 
Monday, November 1, 2021

Effective today, both funds will be renamed the AdvisorShares North Square McKee ESG Core Bond ETF and the AdvisorShares North Square McKee Core Reserves ETF .

Key Points: 
  • Effective today, both funds will be renamed the AdvisorShares North Square McKee ESG Core Bond ETF and the AdvisorShares North Square McKee Core Reserves ETF .
  • Aggregate Bond Index, while investing in issuers that meet specific environmental, social, and corporate governance ("ESG") screens.
  • MENV invests in a broad range of U.S. dollar-denominated fixed income securities, including investment grade corporate debt, mortgage- or asset-backed, and government.
  • You may learn more and register at the AdvisorShares Event Center for upcoming events sessions on different investment strategies including ESG and fixed income investing.

S&P upgrades Metalloinvest rating to investment grade

Retrieved on: 
Tuesday, September 21, 2021

According to S&P's statement, the rating upgrade reflects the Company's commitment to a conservative financial policy and its strong credit metrics, supported by continuous efforts in debt reduction and competitive cost positioning.

Key Points: 
  • According to S&P's statement, the rating upgrade reflects the Company's commitment to a conservative financial policy and its strong credit metrics, supported by continuous efforts in debt reduction and competitive cost positioning.
  • At the same time, S&P has also raised the issue rating on the senior unsecured notes issued by Metalloinvest Finance D.A.C.
  • This rating level mathes the sovereign rating and that of leading public companies in the sector within the S&P universe.
  • "Following the upgrade to 'BBB-' by Fitch in June, the Company now has composite investment grade credit rating, being the only private company in the Russian metals & mining industry with an IG-level."