HSBC

Viking Announces Pricing of its Secondary Offering

Retrieved on: 
Thursday, September 12, 2024

Viking Holdings Ltd (NYSE: VIK) (“Viking”) today announced the pricing of its secondary public offering of an aggregate of 30,000,000 ordinary shares at a public offering price of $31.00 per share.

Key Points: 
  • Viking Holdings Ltd (NYSE: VIK) (“Viking”) today announced the pricing of its secondary public offering of an aggregate of 30,000,000 ordinary shares at a public offering price of $31.00 per share.
  • The offering is expected to close on September 13, 2024, subject to customary closing conditions.
  • Viking is not offering any ordinary shares and will not receive any proceeds from the offering.
  • BofA Securities and J.P. Morgan (listed in alphabetical order) are acting as lead underwriters and representatives for the proposed offering.

Data quality takes centre stage as 70 senior data leaders set to gather at CDO BFSI Exchange 2024

Retrieved on: 
Wednesday, September 11, 2024

With research conducted by the CDO BFSI Exchange revealing data quality as the top investment priority for data leaders in the BFSI sector over the coming 6-12 months, improving data quality will be a key theme discussed at this year's event.

Key Points: 
  • With research conducted by the CDO BFSI Exchange revealing data quality as the top investment priority for data leaders in the BFSI sector over the coming 6-12 months, improving data quality will be a key theme discussed at this year's event.
  • Taking place on 11-12 November at the Hilton Syon Park in London, the CDO BFSI Exchange will unite 70 of the most senior data leaders from the UK's banking, insurance, and financial services sectors.
  • Altair, DBT Labs, Informatica, Reltio, Treasure Data and WNS Analytics are among the vendors having already secured their participation in the CDO BFSI Exchange.
  • The conference agenda for the CDO BFSI Exchange has been carefully curated after thorough market research with the BFSI sector's leading data experts.

The Atrisco Solar & Storage Project Has Commenced Commercial Operations

Retrieved on: 
Wednesday, September 11, 2024

TEL AVIV, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the initial start of commercial operations at its Atrisco Solar & Energy Storage project (“Atrisco”, “the Project”) outside Albuquerque, New Mexico.

Key Points: 
  • TEL AVIV, Israel, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Enlight Renewable Energy (“Enlight”, "the Company”, NASDAQ: ENLT, TASE: ENLT.TA), a leading renewable energy platform, announces the initial start of commercial operations at its Atrisco Solar & Energy Storage project (“Atrisco”, “the Project”) outside Albuquerque, New Mexico.
  • The Project consists of 364 MW solar generation capacity and 1.2 GWh of energy storage capacity, and was developed and built by Enlight’s U.S. subsidiary Clenera.
  • The Solar generation array is expected to reach full commercial operations over the next several weeks, and the Energy Storage (BESS) complex of the project is expected to complete COD before year end.
  • “Achieving the first phase of commercial operations at Atrisco is a major milestone,” said Clenera President and CEO Adam Pishl.

Bunge Global SA Announces Pricing of $2.0 Billion Senior Notes Offering

Retrieved on: 
Wednesday, September 11, 2024

Bunge Global SA (NYSE: BG) (the “Company” or “Bunge”) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has successfully priced a public offering of $2.0 billion aggregate principal amount, comprised of three tranches of senior unsecured notes (collectively, the “Senior Notes”), as follows:

Key Points: 
  • Bunge Global SA (NYSE: BG) (the “Company” or “Bunge”) today announced that Bunge Limited Finance Corp., its wholly owned finance subsidiary, has successfully priced a public offering of $2.0 billion aggregate principal amount, comprised of three tranches of senior unsecured notes (collectively, the “Senior Notes”), as follows:
    $400 million aggregate principal amount of 4.100% Senior Notes due 2028;
    $800 million aggregate principal amount of 4.200% Senior Notes due 2029; and
    $800 million aggregate principal amount of 4.650% Senior Notes due 2034.
  • The Senior Notes will be fully and unconditionally guaranteed by Bunge Global SA on a senior unsecured basis.
  • Cabrera Capital Markets LLC, Deutsche Bank Securities Inc., ICBC Standard Bank Plc and Bank of China (Europe) S.A. are acting as co-managers for the offering of Senior Notes.
  • This offering of Senior Notes may be made only by means of the prospectus supplement and the accompanying prospectus related to the offering.

GENERATIONAL DIVIDE EMERGING ON INTERNATIONAL EDUCATION, HSBC DATA FINDS

Retrieved on: 
Monday, September 9, 2024

"More families are coming to us as they begin their international education journey, as the complexity of choice means they need a globally-connected financial services partner to help them navigate decisions with clarity and confidence."

Key Points: 
  • "More families are coming to us as they begin their international education journey, as the complexity of choice means they need a globally-connected financial services partner to help them navigate decisions with clarity and confidence."
  • The majority (66%) of parents believe that an international education will lead to global exposure for their child and enhance their future opportunities.
  • HSBC's global network, suite of resources and partnerships equip parents and students with the tools to navigate the world of international education.
  • Find out more about HSBC's services available for international students by visiting this site .

GENERATIONAL DIVIDE EMERGING ON INTERNATIONAL EDUCATION, HSBC DATA FINDS

Retrieved on: 
Monday, September 9, 2024

"More families are coming to us as they begin their international education journey, as the complexity of choice means they need a globally-connected financial services partner to help them navigate decisions with clarity and confidence."

Key Points: 
  • "More families are coming to us as they begin their international education journey, as the complexity of choice means they need a globally-connected financial services partner to help them navigate decisions with clarity and confidence."
  • The majority (66%) of parents believe that an international education will lead to global exposure for their child and enhance their future opportunities.
  • HSBC's global network, suite of resources and partnerships equip parents and students with the tools to navigate the world of international education.
  • Find out more about HSBC's services available for international students by visiting this site .

Andrea Bozzi, Charles Andrez and Charles-Henri Filippi Join Evercore’s Paris Office

Retrieved on: 
Monday, September 9, 2024

Evercore announced today (NYSE: EVR) that Andrea Bozzi and Charles Andrez have joined the firm as senior managing directors in its strategic advisory practice based in Paris.

Key Points: 
  • Evercore announced today (NYSE: EVR) that Andrea Bozzi and Charles Andrez have joined the firm as senior managing directors in its strategic advisory practice based in Paris.
  • “I am thrilled to join the Evercore team and help expand the business across sectors and regions.
  • As chairman of Evercore France, Mr. Filippi will work closely with his other senior colleagues in Paris and across Evercore’s international business.
  • Matthew-Lindsey Clark, CEO of Evercore in EMEA, said, “We are thrilled to welcome Andrea, Charles and Charles-Henri.

Americold Announces Pricing Terms for $500 Million Senior Unsecured Notes Offering

Retrieved on: 
Thursday, September 5, 2024

The offering is expected to close on September 12, 2024, subject to customary closing conditions.

Key Points: 
  • The offering is expected to close on September 12, 2024, subject to customary closing conditions.
  • The offering is being made pursuant to an effective shelf registration statement filed by the Operating Partnership and the Guarantors with the U.S. Securities and Exchange Commission (the “SEC”).
  • The offering will be made only by means of the prospectus supplement and accompanying prospectus.
  • The preliminary prospectus supplement and accompanying prospectus related to the offering have been filed with the SEC and are available on the SEC’s website at http://www.sec.gov .

Enviri Corporation completes refinancing of Revolving Credit Facility

Retrieved on: 
Thursday, September 5, 2024

PHILADELPHIA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it has amended and extended its senior secured revolving credit facility (the “Revolving Credit Facility”).

Key Points: 
  • PHILADELPHIA, Sept. 05, 2024 (GLOBE NEWSWIRE) -- Enviri Corporation (NYSE: NVRI) today announced that it has amended and extended its senior secured revolving credit facility (the “Revolving Credit Facility”).
  • The Company’s new $625 million revolving credit facility (the “Extended Revolving Credit Facility”) will mature on September 5, 2029.
  • Additionally, the Company will maintain its existing Revolving Credit Facility for an amount of $50 million with certain lenders (together with the Extended Revolving Credit Facility, the ”Revolving Credit Facilities”).
  • The Extended Revolving Credit Facility will bear interest at a rate dependent on total net leverage that ranges from 175 to 225 basis points over SOFR.

SES Successfully Prices EUR 1 Billion Hybrid Dual-tranche Bond Offering

Retrieved on: 
Friday, September 6, 2024

SES S.A. announced the successful launch and pricing of a hybrid dual-tranche bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 1 billion.

Key Points: 
  • SES S.A. announced the successful launch and pricing of a hybrid dual-tranche bond offering in which it has agreed to sell Deeply Subordinated Fixed Rate Resettable Securities for a total amount of EUR 1 billion.
  • The successful outcome was the result of strong investor engagement and demand as evidenced by a sizeable order book which peaked above EUR 4 billion in total and allowed SES to price the notes competitively on both tranches.
  • The new hybrid bonds issued by SES are non-dilutive instruments that are expected to receive 50% equity credit by both rating agencies and be classified as financial liabilities under IFRS.
  • Sandeep Jalan, Chief Financial Officer of SES, commented, “We are pleased to have secured this new hybrid offering.