Wells Fargo

United States Steel Corporation, Big River Steel LLC and BRS Finance Corp. Commence Tender Offers to Purchase for Cash $300,000,000 Aggregate Principal Amount of Securities

Retrieved on: 
Wednesday, August 17, 2022 - 11:52pm

The Total Consideration includes the early tender premium for such series of Securities also set forth in the table above (the Early Tender Premium).

Key Points: 
  • The Total Consideration includes the early tender premium for such series of Securities also set forth in the table above (the Early Tender Premium).
  • Holders must validly tender and not subsequently validly withdraw their Securities at or prior to the Early Tender Date in order to be eligible to receive the Total Consideration for such Securities purchased in the Tender Offers.
  • The Offerors have retained Goldman, Sachs & Co. LLC, Credit Suisse Securities (USA) LLC, J.P. Morgan Securities LLC and Wells Fargo Securities, LLC to serve as Dealer Managers for the Tender Offers.
  • Holders of Securities must make their own decision as to whether to tender their Securities and, if so, the principal amount of such Securities to tender.

Congresswoman Flores Tours Apartments Slated for $16.5M Reconstruction

Retrieved on: 
Wednesday, August 17, 2022 - 9:38pm

Today, Congresswoman Mayra Flores, R-TX, toured a more than 40-year-old Weslaco, Texas, apartment complex that will be torn down and reconstructed into a new $16.5 million affordable housing complex.

Key Points: 
  • Today, Congresswoman Mayra Flores, R-TX, toured a more than 40-year-old Weslaco, Texas, apartment complex that will be torn down and reconstructed into a new $16.5 million affordable housing complex.
  • Housing is a key pillar for family stability and well-being, and projects like the one happening right here in Weslaco, show that public-private partnerships work, said Congresswoman Flores.
  • Prospera provides affordable housing and related services in three regions of the state: the Rio Grande Valley, Corpus Christi and San Antonio.
  • Special thanks to Congresswoman Flores for her presence here today and her support of affordable housing in the District.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Wells Fargo & Company of Class Action Lawsuit and Upcoming Deadline – WFC

Retrieved on: 
Wednesday, August 17, 2022 - 5:24pm

NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC) and certain of its officers.

Key Points: 
  • NEW YORK, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC) and certain of its officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Wells Fargo is a diversified financial services company that provides banking, investment, mortgage, and consumer and commercial finance products and services in the U.S. and internationally.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Glancy Prongay & Murray LLP Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Wells Fargo & Company (WFC)

Retrieved on: 
Wednesday, August 17, 2022 - 5:00pm

LOS ANGELES, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming August 29, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC ) common stock between February 24, 2021 and June 9, 2022, inclusive (the Class Period).

Key Points: 
  • LOS ANGELES, Aug. 17, 2022 (GLOBE NEWSWIRE) -- Glancy Prongay & Murray LLP (GPM) reminds investors of the upcoming August 29, 2022 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased or otherwise acquired Wells Fargo & Company (Wells Fargo or the Company) (NYSE: WFC ) common stock between February 24, 2021 and June 9, 2022, inclusive (the Class Period).
  • On this news, Wells Fargo common stock fell $0.44, or 1%, over two trading sessions to close at $41.67 per share on May 20, 2022.
  • On this news, Wells Fargo common stock fell $3.68, or 8.2%, over two trading sessions to close at $38.99 on June 13, 2022, thereby injuring investors.
  • If you purchased or otherwise acquired Wells Fargo common stock during the Class Period, you may move the Court no later than August 29, 2022 to request appointment as lead plaintiff in this putative class action lawsuit.

BigPanda Extends Funding Round with Investments from UBS Next and Wells Fargo Strategic Capital

Retrieved on: 
Wednesday, August 17, 2022 - 2:00pm

The investments in BigPanda have been made through UBS Next, UBSs venture and innovation unit, and Wells Fargo Strategic Capital.

Key Points: 
  • The investments in BigPanda have been made through UBS Next, UBSs venture and innovation unit, and Wells Fargo Strategic Capital.
  • Wells Fargo leverages BigPanda AIOps to prioritize alerts and simplify an otherwise costly process.
  • Wells Fargo Strategic Capital, a subsidiary of Wells Fargo & Company, provides long term capital in the form of equity and/or debt to current and prospective business customers, commercial partners of Wells Fargo, as well as approved Small Business Investment Company (SBIC) funds.
  • Wells Fargo Strategic Capital has approximately 50 team members across the United States and holds over 180 portfolio investments.

GoldenTree Announces Closing of $390 Million CLO Under GLM Strategy

Retrieved on: 
Wednesday, August 17, 2022 - 2:00pm

GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers GoldenTree), announced the closing of a $390 million collateralized loan obligation (CLO) to be managed by GLM II.

Key Points: 
  • GoldenTree Loan Management II (GLM II) and its affiliated investment manager GoldenTree Asset Management LP (along with other affiliated investment managers GoldenTree), announced the closing of a $390 million collateralized loan obligation (CLO) to be managed by GLM II.
  • With the closing of this CLO, GoldenTree Loan Management US CLO 15 (GLM US CLO 15), GoldenTree has issued 20 CLOs totaling over $11.5 billion under its GLM CLO strategy.
  • Since its inception in January 2017, the GLM strategy was intended to be compliant with applicable Risk Retention regulations.
  • GLM US CLO 15 will initially be backed by a 100% ramped $399 million portfolio of primarily senior secured loans as of closing and will have a three-year reinvestment period and a one-year non call period.

KyckGlobal Names Donald Boeding New CEO

Retrieved on: 
Wednesday, August 17, 2022 - 1:00pm

ATLANTA, Aug. 17, 2022 /PRNewswire/ -- KyckGlobal, an emergent financial technology firm specializing in digital B2C disbursements, has selected payments industry veteran Donald Boeding as CEO to succeed founder, Ashish Bahl. The introduction of the new CEO is part of a strategy to further accelerate the company's growth while cementing its established position as a leader in digital disbursements.   

Key Points: 
  • ATLANTA, Aug. 17, 2022 /PRNewswire/ -- KyckGlobal, an emergent financial technology firm specializing in digital B2C disbursements, has selected payments industry veteran Donald Boeding as CEO to succeed founder, Ashish Bahl.
  • KyckGlobal features an integrated B2C disbursements engine with an array of payment types from which the recipient may select.
  • "Given Ashish's success in attracting marquis distribution partners to the table, KyckGlobal's early growth has been nothing short of remarkable," said incoming CEO Donald Boeding.
  • I'm excited for the future of KyckGlobal with Donald at the helm, and look forward to supporting him as an advisor and to help drive strategic business opportunities."

Century Housing Expands The Century Villages at Cabrillo with The Cove, 90 New Supportive Apartment Homes for Veterans and Families in Long Beach

Retrieved on: 
Wednesday, August 17, 2022 - 11:00am

CULVER CITY, Calif., Aug. 17, 2022 /PRNewswire/ -- Century Housing (Century) celebrated the groundbreaking of The Cove, an all-new permanent supportive housing (PSH) development and newest addition to The Century Villages at Cabrillo (CVC), a 27-acre affordable and service-enriched community in Long Beach. The expansion will provide 60 affordable homes for Veterans experiencing homeless and 29 affordable homes for low income Veterans for a total of 90 homes, together with supportive services available to all Veteran residents.

Key Points: 
  • Long Beach Mayor Robert Garcia and Councilmember Roberto Uranga joined developer Century Affordable Development, Inc. (CADI) to celebrate the positive impact The Cove will have for Long Beach Veterans.
  • "This development reflects the City's commitment to building quality, affordable housing in Long Beach," said Mayor Robert Garcia.
  • "We are incredibly grateful to Century Housing and all of our partners for their investment in safe, secure housing and critical services for our Veterans."
  • Century is incredibly proud to bring these beautiful homes to Veterans in need," said Brian D'Andrea, Senior Vice President of Century Housing.

Bloom Energy Corporation Announces Pricing of $338.0 Million Public Offering of Class A Common Stock

Retrieved on: 
Wednesday, August 17, 2022 - 4:32am

Bloom Energy Corporation (NYSE: BE) today announced the pricing of its underwritten public offering of 13,000,000 shares of Class A common stock at a public offering price of $26.00 per share, before underwriting discounts and commissions.

Key Points: 
  • Bloom Energy Corporation (NYSE: BE) today announced the pricing of its underwritten public offering of 13,000,000 shares of Class A common stock at a public offering price of $26.00 per share, before underwriting discounts and commissions.
  • All of the shares of common stock are being offered by Bloom Energy.
  • In addition, Bloom Energy has granted the underwriters a 30-day option to purchase up to an additional 1,950,000 shares of common stock at the public offering price, less underwriting discounts and commissions.
  • The gross proceeds from the offering, before deducting underwriting discounts and commissions and other offering expenses payable by Bloom Energy, are expected to be $338.0 million, excluding any exercise of the underwriters option to purchase additional shares.

Media Advisory: Congresswoman Flores to Tour Weslaco Village Apartments

Retrieved on: 
Tuesday, August 16, 2022 - 11:32pm

The site where new affordable apartments will be built in Weslaco, Texas, will get a visit from U.S. Representative Mayra Flores on Wednesday.

Key Points: 
  • The site where new affordable apartments will be built in Weslaco, Texas, will get a visit from U.S. Representative Mayra Flores on Wednesday.
  • The apartments are being torn down to make way for the $16.5 million reconstruction of Weslaco Village Apartments.
  • The media is encouraged to attend a celebration of the AHP subsidy and join in a tour of the existing property.
  • Congresswoman Flores, R-TX, will be joined by the organization that received the subsidy Prospera Housing Community Services, representatives from FHLB Dallas and city officials.