REH

Natixis Corporate & Investment Banking strengthens Real Estate & Hospitality Americas practice with new leadership structure and key appointments

Retrieved on: 
Thursday, February 8, 2024

NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced new senior appointments to the firm's Real Estate & Hospitality (REH) Americas team.

Key Points: 
  • NEW YORK, Feb. 8, 2024 /PRNewswire/ -- Natixis Corporate & Investment Banking (Natixis CIB) today announced new senior appointments to the firm's Real Estate & Hospitality (REH) Americas team.
  • Torres' appointment was followed by the appointments of Julie Han as Head of Underwriting and David Schwartz as Head of Portfolio Lending.
  • "We are entering a new era of opportunity regarding our coverage of the real estate sector," said Thierry Bernard, Natixis CIB Global Head of Real Estate & Hospitality.
  • He also led the origination platform for the Real Estate Finance and Mortgage-Backed Securities Group within UBS Investment Bank.

HF Sinclair Corporation and Holly Energy Partners, L.P. Announce Definitive Merger Agreement

Retrieved on: 
Wednesday, August 16, 2023

HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) announced today that they have entered into a definitive merger agreement for HF Sinclair to acquire all of the outstanding common units (“Common Units”) of HEP not owned by HF Sinclair or its affiliates in exchange for a combination of common stock, par value $0.01 per share, of HF Sinclair (“Common Stock”) and cash.

Key Points: 
  • HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) and Holly Energy Partners, L.P. (“HEP” or the “Partnership”) (NYSE: HEP) announced today that they have entered into a definitive merger agreement for HF Sinclair to acquire all of the outstanding common units (“Common Units”) of HEP not owned by HF Sinclair or its affiliates in exchange for a combination of common stock, par value $0.01 per share, of HF Sinclair (“Common Stock”) and cash.
  • The Proposed Transaction consideration represents an approximate 2% premium to the closing price of HEP’s Common Units as of August 15, 2023.
  • The Proposed Transaction is expected to close in the fourth quarter of 2023, subject to the approval of HF Sinclair stockholders and HEP unitholders and the satisfaction of certain customary closing conditions.
  • Barclays is acting as financial advisor to HF Sinclair, and Vinson & Elkins L.L.P.

HF Sinclair Board of Directors Authorizes $1 Billion Share Repurchase Program

Retrieved on: 
Wednesday, August 16, 2023

HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair” or the “Company”) today announced its Board of Directors has authorized a $1 billion share repurchase program.

Key Points: 
  • HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair” or the “Company”) today announced its Board of Directors has authorized a $1 billion share repurchase program.
  • This authorization replaces all existing share repurchase authorizations, of which there was approximately $5 million remaining under the Company’s prior $1 billion share repurchase program authorized in September 2022.
  • This share repurchase program may be discontinued at any time by the Board of Directors.
  • “We are pleased to announce the new $1 billion share repurchase program, which we believe demonstrates our ongoing commitment to return excess free cash flow to shareholders,” said Tim Go, Chief Executive Officer and President of HF Sinclair.

HF Sinclair Corporation Announces Proposal to Acquire All Outstanding Common Units of Holly Energy Partners, L.P.

Retrieved on: 
Thursday, May 4, 2023

HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) announced today that it has submitted a non-binding proposal to acquire all of the outstanding common units (“Common Units”) of Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) not beneficially owned by HF Sinclair or its affiliates in exchange for common stock, par value $0.01 per share (“Common Stock”), of HF Sinclair.

Key Points: 
  • HF Sinclair Corporation (NYSE: DINO) (“HF Sinclair”) announced today that it has submitted a non-binding proposal to acquire all of the outstanding common units (“Common Units”) of Holly Energy Partners, L.P. (NYSE: HEP) (“HEP”) not beneficially owned by HF Sinclair or its affiliates in exchange for common stock, par value $0.01 per share (“Common Stock”), of HF Sinclair.
  • The proposal has been made to the board of directors of the ultimate general partner of HEP.
  • The Proposed HEP Transaction is subject to the negotiation and execution of a definitive agreement.
  • There can be no assurance that a definitive agreement will be executed or that any transaction will be approved or consummated.

KYOCERA AVX RELEASES EXTENSIVE NEW RANGE OF RADIAL-LEADED ALUMINUM ELECTROLYTIC CAPACITORS

Retrieved on: 
Tuesday, February 21, 2023

The new radial-leaded range is comprised of REH, REF, and REH Series wet aluminum electrolytic capacitors, RPA and RPF Series conductive polymer aluminum electrolytic capacitors, and RHA and RHD Series hybrid aluminum electrolytic capacitors and offers a wide variety of part numbers with commercial and industrial reliability levels and competitive pricing.

Key Points: 
  • The new radial-leaded range is comprised of REH, REF, and REH Series wet aluminum electrolytic capacitors, RPA and RPF Series conductive polymer aluminum electrolytic capacitors, and RHA and RHD Series hybrid aluminum electrolytic capacitors and offers a wide variety of part numbers with commercial and industrial reliability levels and competitive pricing.
  • “The REH, REF, and REH Series wet aluminum electrolytic capacitors offer the broadest range of values and reasonable reliability at the lowest cost.
  • For more information about KYOCERA AVX’s extensive new range of radial-leaded aluminum electrolytic capacitors, please visit the product page links embedded above.
  • For more information about KYOCERA AVX’s portfolio of aluminum electrolytic capacitors, please visit https://www.kyocera-avx.com/products/aluminum-capacitors/ .

New Chartis Study Explores Rural Hospital Instability and Models Potential Impact of Rural Emergency Hospital Designation

Retrieved on: 
Tuesday, February 7, 2023

Chartis , a comprehensive healthcare advisory firm, today published a new study examining the stability of rural hospitals, the potential impact of the Rural Hospital Emergency (REH) designation and dwindling access to care in rural communities.

Key Points: 
  • Chartis , a comprehensive healthcare advisory firm, today published a new study examining the stability of rural hospitals, the potential impact of the Rural Hospital Emergency (REH) designation and dwindling access to care in rural communities.
  • Findings from “ Rural Health Safety Net Under Renewed Pressure as Pandemic Fades ,” will be shared with members of Congress, rural healthcare advocates and state offices of rural health as part of the National Rural Health Association’s 34th annual Rural Health Policy Institute Conference.
  • For those invested in rural healthcare, this latest study provides an updated lens into the uncertainty and instability across the rural health safety net.
  • Of the 389 rural hospitals “most likely” to consider converting to REH, Chartis’ data model has identified 77 ideal candidates for conversion.

Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP Unit

Retrieved on: 
Friday, January 20, 2023

The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the fourth quarter of 2022.

Key Points: 
  • The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the fourth quarter of 2022.
  • The distribution will be paid on February 13, 2023 to unitholders of record on January 30, 2023.
  • The webcast may be accessed at:
    Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including subsidiaries of HF Sinclair Corporation.
  • Accordingly, HEP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.

Reece Unlocks Data to Power Its Competitive Advantage with SnapLogic’s Intelligent Integration

Retrieved on: 
Thursday, December 1, 2022

Reece , Australias leading supplier of bathroom and plumbing products, leverages SnapLogic , a leader in intelligent integration and enterprise automation, to unclog its pipes, allowing the free flow of data to power its modernisation journey.

Key Points: 
  • Reece , Australias leading supplier of bathroom and plumbing products, leverages SnapLogic , a leader in intelligent integration and enterprise automation, to unclog its pipes, allowing the free flow of data to power its modernisation journey.
  • Reece began lifting key capabilities out of the core platform, moving onto tier 1 cloud-based applications for key HR, Finance and customer enablement and interaction capabilities.
  • On a mission to remedy this application sprawl dilemma, Reece began assessing a number of different integration tools and iPaaS systems.
  • Its accessible, and that was a big attraction for us, says Gabi Currin, Head of Business Systems at Reece.

Chubb Appoints Lyndsey Christofer Real Estate & Hospitality Industry Practice Leader

Retrieved on: 
Tuesday, November 29, 2022

WHITEHOUSE STATION, N.J., Nov. 29, 2022 /PRNewswire/ -- Chubb has named Lyndsey Christofer Real Estate & Hospitality (REH) Industry Practice Leader, overseeing the strategic direction of the practice and leading Chubb's REH-dedicated underwriting, risk consulting and claims specialists as they deliver comprehensive solutions for Chubb's REH clients and distribution partners.

Key Points: 
  • WHITEHOUSE STATION, N.J., Nov. 29, 2022 /PRNewswire/ -- Chubb has named Lyndsey Christofer Real Estate & Hospitality (REH) Industry Practice Leader, overseeing the strategic direction of the practice and leading Chubb's REH-dedicated underwriting, risk consulting and claims specialists as they deliver comprehensive solutions for Chubb's REH clients and distribution partners.
  • Christofer is currently Executive Vice President, Construction Industry Practice Leader, and will retain that role, along with responsibility for Chubb's primary casualty and excess liability construction portfolio.
  • Christofer will continue to report to Matt Merna, Senior Vice President, Chubb Group and Division President, Chubb North America Major Accounts, and in her Industry Practice Leader roles, will report to Mr. Hazelton.
  • She joined Chubb in 2013 as Assistant Vice President, Chubb Construction, Major Accounts and served as Senior Vice President, Chubb Construction, before being named Executive Vice President, Construction Industry Practice Leader, in 2021.

Holly Energy Partners Announces Quarterly Distribution of $0.35 per LP unit

Retrieved on: 
Thursday, October 20, 2022

The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the third quarter of 2022.

Key Points: 
  • The Board of Directors of Holly Energy Partners, L.P. (NYSE:HEP) has declared a cash distribution of $0.35 per unit for the third quarter of 2022.
  • The distribution will be paid on November 11, 2022 to unitholders of record on October 31, 2022.
  • The webcast may be accessed at:
    Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including subsidiaries of HF Sinclair Corporation.
  • Accordingly, HEPs distributions to foreign investors are subject to federal income tax withholding at the highest applicable effective tax rate.