HSBC

Kinetik Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Thursday, March 14, 2024

Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $33.75 per share.

Key Points: 
  • Kinetik Holdings Inc. (NYSE: KNTK) (“Kinetik” or the “Company”) announced today the pricing of an underwritten secondary offering of 11,373,801 shares of its Class A common stock (the “Offering”) by Apache Midstream LLC (the “Selling Stockholder”), a subsidiary of Apache Corporation, at a price of $33.75 per share.
  • Kinetik is not selling any shares of Class A common stock in the Offering and will not receive the proceeds from any sale of shares by the Selling Stockholder.
  • The Selling Stockholder has granted to the underwriters a 30-day option to purchase up to an additional 1,706,070 shares of Kinetik’s Class A common stock.
  • In connection with the Offering, the Company’s Chief Executive Officer has agreed to purchase an aggregate of 14,814 shares of Class A common stock from the underwriters at the public offering price.

HSBC Appoints Andrew Fullam as Chief Financial Officer for the US and Americas

Retrieved on: 
Wednesday, March 13, 2024

HSBC announced today the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the US and Americas.

Key Points: 
  • HSBC announced today the appointment of Andrew Fullam as Chief Financial Officer (CFO) for the US and Americas.
  • View the full release here: https://www.businesswire.com/news/home/20240313633425/en/
    Andrew Fullam, HSBC Chief Financial Officer for the US and Americas (Photo: Business Wire)
    In this role, he will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and capital management.
  • Fullam rejoins HSBC from Wells Fargo where he served as Head of Enterprise Financial Planning & Analysis since the beginning of 2023.
  • Based in New York, Fullam will report to Michael Roberts, CEO, US and Americas, and Kavita Mahtani, CFO, HBEU and Western Markets.

Auna Announces Launch of Initial Public Offering

Retrieved on: 
Thursday, March 14, 2024

Auna S.A. (“Auna”) today announced that it has launched its initial public offering of 30,000,000 class A ordinary shares (“class A shares”), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).

Key Points: 
  • Auna S.A. (“Auna”) today announced that it has launched its initial public offering of 30,000,000 class A ordinary shares (“class A shares”), pursuant to a registration statement on Form F-1 filed with the U.S. Securities and Exchange Commission (“SEC”).
  • Auna is seeking to raise approximately US$420.0 million based on the mid-point of the price range for the offering which is between US$13.00 and US$15.00 per class A share.
  • The class A shares are expected to be listed on the New York Stock Exchange under the ticker symbol “AUNA”.
  • In connection with the offering, Auna expects to grant to the underwriters a 30-day option to purchase up to an additional 4,500,000 class A shares at the initial public offering price.

Techstars Names HSBC Innovation Banking its Preferred Global Banking Partner to Support High-Growth Startups

Retrieved on: 
Monday, March 11, 2024

Techstars , the most active pre-seed investor in the world, today announced that HSBC Innovation Banking , the leading bank for the global innovation economy, will be its preferred banking partner for its global portfolio of startups.

Key Points: 
  • Techstars , the most active pre-seed investor in the world, today announced that HSBC Innovation Banking , the leading bank for the global innovation economy, will be its preferred banking partner for its global portfolio of startups.
  • As part of this collaboration, Techstars portfolio companies will gain access to specialized HSBC products and services tailored to founders’ specific growth ambitions.
  • HSBC Innovation Banking is a specialized banking practice serving the innovation economy by leveraging deep-industry expertise, a client-first culture, and the strength and stability of HSBC’s global platform.
  • “HSBC’s commitment to fostering innovation and supporting high-growth startups aligns seamlessly with Techstars’ mission of supporting founders and their startups’ early-stage growth,” said Techstars Chief Accelerator Investment Officer Shirley Romig.

KuCoin's Head of Key Account Discusses the Fusion of Decentralized Finance and Traditional Banking at WOW Summit 2024

Retrieved on: 
Wednesday, March 27, 2024

VICTORIA, Seychelles, March 27, 2024 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, is thrilled to share the participation of Alvin Hu, Head of Key Account of KuCoin, in the WOW Summit Hong Kong 2024.

Key Points: 
  • VICTORIA, Seychelles, March 27, 2024 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, is thrilled to share the participation of Alvin Hu, Head of Key Account of KuCoin, in the WOW Summit Hong Kong 2024.
  • Held with the aim of connecting leaders from the Web2 and Web3 sectors for high-level networking and discussions, the WOW Summit has become a cornerstone event for industry pioneers.
  • In a panel titled "Decentralized Finance and Traditional Banking: A Comparative Study," moderated by George Galoyan from Spatha Protocol and DAO.vc, Alvin was joined by distinguished panelists from HSBC, BeInCrypto, and Supra, to delve into the intersections between Decentralized Finance (DeFi) and traditional banking systems.
  • Its dedication to blending the strengths of decentralized and traditional finance is a testament to the vision of creating a more inclusive, secure, and versatile financial ecosystem.

KuCoin's Head of Key Account Discusses the Fusion of Decentralized Finance and Traditional Banking at WOW Summit 2024

Retrieved on: 
Wednesday, March 27, 2024

VICTORIA, Seychelles, March 27, 2024 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, is thrilled to share the participation of Alvin Hu, Head of Key Account of KuCoin, in the WOW Summit Hong Kong 2024.

Key Points: 
  • VICTORIA, Seychelles, March 27, 2024 /PRNewswire/ -- KuCoin, a leading global cryptocurrency exchange, is thrilled to share the participation of Alvin Hu, Head of Key Account of KuCoin, in the WOW Summit Hong Kong 2024.
  • Held with the aim of connecting leaders from the Web2 and Web3 sectors for high-level networking and discussions, the WOW Summit has become a cornerstone event for industry pioneers.
  • In a panel titled "Decentralized Finance and Traditional Banking: A Comparative Study," moderated by George Galoyan from Spatha Protocol and DAO.vc, Alvin was joined by distinguished panelists from HSBC, BeInCrypto, and Supra, to delve into the intersections between Decentralized Finance (DeFi) and traditional banking systems.
  • Its dedication to blending the strengths of decentralized and traditional finance is a testament to the vision of creating a more inclusive, secure, and versatile financial ecosystem.

AvAir Secures Major Expansion with Enhanced Credit Facility

Retrieved on: 
Monday, March 25, 2024

CHANDLER, Ariz., March 25, 2024 /PRNewswire/ -- AvAir , a leading inventory solutions provider for the aviation aftermarket, has announced the successful closure of a new three year syndicated senior credit facility led by HSBC Bank USA.

Key Points: 
  • CHANDLER, Ariz., March 25, 2024 /PRNewswire/ -- AvAir , a leading inventory solutions provider for the aviation aftermarket, has announced the successful closure of a new three year syndicated senior credit facility led by HSBC Bank USA.
  • This new facility represents a significant leap forward, offering increased availability, more favorable pricing, and improved terms compared to the company's previous credit arrangement.
  • The overwhelming interest from syndicate participants enabled AvAir to increase the facility's size at closing, showcasing a strong vote of confidence in the company's growth trajectory.
  • The syndicate, led by HSBC Bank USA as Administrative Agent and Lead Arranger, also includes First Citizens Bank and Western Alliance Bank.

AvAir Secures Major Expansion with Enhanced Credit Facility

Retrieved on: 
Monday, March 25, 2024

CHANDLER, Ariz., March 25, 2024 /PRNewswire/ -- AvAir , a leading inventory solutions provider for the aviation aftermarket, has announced the successful closure of a new three year syndicated senior credit facility led by HSBC Bank USA.

Key Points: 
  • CHANDLER, Ariz., March 25, 2024 /PRNewswire/ -- AvAir , a leading inventory solutions provider for the aviation aftermarket, has announced the successful closure of a new three year syndicated senior credit facility led by HSBC Bank USA.
  • This new facility represents a significant leap forward, offering increased availability, more favorable pricing, and improved terms compared to the company's previous credit arrangement.
  • The overwhelming interest from syndicate participants enabled AvAir to increase the facility's size at closing, showcasing a strong vote of confidence in the company's growth trajectory.
  • The syndicate, led by HSBC Bank USA as Administrative Agent and Lead Arranger, also includes First Citizens Bank and Western Alliance Bank.

Lowey Dannenberg, P.C. Announces an Additional Settlement for Those Who Have Transacted in Euroyen-Based Derivatives Between January 1, 2006 through June 30, 2011

Retrieved on: 
Thursday, March 21, 2024

The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.

Key Points: 
  • The Settlement will provide an additional $35,000,000 to pay claims from persons who transacted in Euroyen-Based Derivatives from January 1, 2006 through June 30, 2011, inclusive.
  • Before any money is paid, the Court will hold a Fairness Hearing to decide whether to approve the Settlement.
  • Contact your brokerage firm to see if you purchased, sold, held, traded, or otherwise had any interest in Euroyen-Based Derivatives.
  • These payments will also be deducted from the Settlement Fund before any distributions are made to the Settlement Class.

SS&C Announces Inaugural SS&C Deliver Europe Conference, "Delivering the Future"

Retrieved on: 
Monday, March 18, 2024

This exclusive, invitation-only event marks the first time SS&C brings its successful U.S. client conference to Europe.

Key Points: 
  • This exclusive, invitation-only event marks the first time SS&C brings its successful U.S. client conference to Europe.
  • The event will feature in-depth sessions and networking opportunities across four tracks: Alternatives, Wealth Management, Asset Management, and Intelligent Automation.
  • SS&C will also showcase the latest cutting-edge features in intelligent automation, asset and wealth management and alternatives operations.
  • For more information for media and SS&C clients interested in attending this event, please contact Elizabeth Stone at [email protected] .