Wells Fargo

New Field Examination Team Makes Tiger Group a 'One-Stop Shop' for Asset-Based Lenders

Retrieved on: 
Thursday, September 7, 2023

NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services.

Key Points: 
  • NEW YORK, Sept. 7, 2023 /PRNewswire/ -- Tiger Group has expanded its offering for asset-based lenders by hiring two industry veterans with decades of combined experience in field examinations and related services.
  • "By combining appraisal and field-exam services, Tiger is giving borrowers and lenders alike a more seamless and holistic experience," noted Ryan Davis , Executive Managing Director, Tiger Valuation Services.
  • Joining Tiger as Senior Managing Directors are veteran field examiners Katherine Houser-Rodriguez and Stephen Savage, both of whom previously worked for one of the country's largest asset-based lenders, Wells Fargo.
  • Most recently, she was partner of Infinity ABL Services, co-leading a team of quality third-party field examiners.

Crescent Energy Company Announces Pricing of Upsized Public Offering of Class A Common Stock

Retrieved on: 
Thursday, September 7, 2023

Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten, upsized public offering of 11,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $12.25 per share, pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed previously with the U.S. Securities and Exchange Commission (the “SEC”).

Key Points: 
  • Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the pricing of an underwritten, upsized public offering of 11,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), at a price to the public of $12.25 per share, pursuant to a registration statement on Form S-3 (the “Registration Statement”) filed previously with the U.S. Securities and Exchange Commission (the “SEC”).
  • The 11,000,000 share offering represents a 1,000,000 share upsize to the originally proposed 10,000,000 share offering.
  • The Acquisition is not contingent upon the completion of this offering, and this offering is not contingent upon the completion of the Acquisition.
  • The Company has granted the underwriters a 30-day option to purchase up to an additional 1,650,000 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.

Crescent Energy Company Announces Public Offering of Class A Common Stock

Retrieved on: 
Wednesday, September 6, 2023

Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 10,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), pursuant to an effective shelf registration statement on Form S-3 (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”).

Key Points: 
  • Crescent Energy Company (“Crescent” or the “Company”) (NYSE: CRGY) today announced the commencement of an underwritten public offering of 10,000,000 shares of its Class A common stock, par value $0.0001 per share (“Class A common stock”), pursuant to an effective shelf registration statement on Form S-3 (the “Registration Statement”) filed with the U.S. Securities and Exchange Commission (the “SEC”).
  • The Acquisition is not contingent upon the completion of this offering, and this offering is not contingent upon the completion of the Acquisition.
  • If the Acquisition is not completed, proceeds of this offering will be used for general corporate purposes.
  • The Company expects to grant the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of Class A common stock at the public offering price, less the underwriting discounts and commissions.

Rocky Mount Event Center to Sponsor Veteran Sports Tournament

Retrieved on: 
Wednesday, September 6, 2023

ROCKY MOUNT, N.C., Sept. 6, 2023 /PRNewswire/ -- Back for year three at the Rocky Mount Event Center, which is managed by, The Sports Facilities Companies, will return with its 3X3 Wheelchair Basketball Tournament on Saturday, September 9. Participants will include men and women, Veterans, Adults and High School athletes with physical disabilities in the street ball game of 3 on 3. Athletes with physical disabilities will hit the hardwood for a fast- paced, full day of wheelchair basketball competition. For a unique twist for the 2023 event, Bridge II Sports will host the first ever National 3 x 3 event for women wheelchair basketball players. Women athletes will join the organization in Rocky Mount to compete in a high energy event, showcasing their amazing athleticism, in a tough competition that will keep guests engaged.

Key Points: 
  • ROCKY MOUNT, N.C., Sept. 6, 2023 /PRNewswire/ -- Back for year three at the Rocky Mount Event Center, which is managed by, The Sports Facilities Companies, will return with its 3X3 Wheelchair Basketball Tournament on Saturday, September 9.
  • For a unique twist for the 2023 event, Bridge II Sports will host the first ever National 3 x 3 event for women wheelchair basketball players.
  • The Rocky Mount Event Center is perfect for adapted sports events like the 3 x 3 wheelchair basketball competitions.
  • Rocky Mount Event Center Inquiries:
    To book a sports tournament at the Rocky Mount Event Center, please contact e-mail [email protected]
    To book social and group events at Rocky Mount Event Center, please contact our Catering & Sales Department, at [email protected]
    The Rocky Mount Event Center opened October 2018 and is managed by the industry-leading sport facility management firm, The Sports Facilities Companies.

Iron Bow Names Doug Kollme as Chief Financial Officer

Retrieved on: 
Wednesday, September 6, 2023

Iron Bow Technologies , the leading technology solutions provider to government, commercial, and healthcare markets, today announced that Doug Kollme, who is well seasoned in the federal government technology industry, has joined its Executive Leadership Team as Chief Financial Officer.

Key Points: 
  • Iron Bow Technologies , the leading technology solutions provider to government, commercial, and healthcare markets, today announced that Doug Kollme, who is well seasoned in the federal government technology industry, has joined its Executive Leadership Team as Chief Financial Officer.
  • As CFO, Kollme will lead Iron Bow’s financial team and spearhead the company’s efforts to scale growth and provide government and commercial customers with solutions that help them better meet their missions.
  • Kollme brings two decades of experience in the federal marketplace, principally as CFO of high-growth technology organizations including Acentia, Buffalo Group, and InfoZen.
  • “Iron Bow has a remarkable track record of delivering innovative solutions to government, healthcare and commercial customers,” said Doug Kollme, CFO of Iron Bow Solutions.

BridgeFT Names Former Wells Fargo Advisors Head Jim Hays as Strategic Advisor

Retrieved on: 
Wednesday, September 6, 2023

CHICAGO, Sept. 6, 2023 /PRNewswire/ -- BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced named Jim Hays a strategic advisor for the company.

Key Points: 
  • CHICAGO, Sept. 6, 2023 /PRNewswire/ -- BridgeFT, a cloud-native, API-first wealth infrastructure software company that enables financial institutions, fintech innovators, and registered investment advisors to deliver better, data-driven outcomes for their clients, announced named Jim Hays a strategic advisor for the company.
  • One of the most respected leaders in U.S. wealth management, Hays was most recently President and Chief Executive Officer of Wells Fargo Advisors and head of Wells Fargo's Wealth and Investment Management Client Relationship Group.
  • "BridgeFT is transforming the way advisors, broker-dealers, and fintech innovators think about their tech offerings," Hays said.
  • "Jim Hays brings a unique perspective and vision to the financial services industry," said Joe Stensland, BridgeFT's Chief Executive Officer.

CREFC Center for Real Estate Finance Announces Fourth Annual CREFC Scholars Recipients

Retrieved on: 
Wednesday, September 6, 2023

NEW YORK, Sept. 6, 2023 /PRNewswire/ -- The 2023-2024 CREFC Scholars were announced today by the CRE Finance Council (CREFC) and the Schack Institute of Real Estate at The NYU School of Professional Studies. This year's CREFC Scholars recipients include Elvis Amin and Michael G. Daniels, two incoming graduate students to the full-time, one-year Master of Science in Real Estate program, and Mohammed Wara and Mohine Molena, two senior undergraduate students.

Key Points: 
  • "We want to welcome this year's CREFC Scholars and celebrate their achievements and interest in commercial real estate finance," said Lisa Pendergast, Executive Director at CREFC.
  • For more information about the CREFC Center for Real Estate Finance at the Schack Institute, visit: CREFC Center for Real Estate Finance
    For a look at previous recipients of the CREFC Scholars program, visit: CREFC Scholars .
  • Elvis Amin is pursuing a Master of Science in Real Estate at the NYU Schack Institute of Real Estate.
  • Michael G. Daniels is pursuing a Master of Science in Real Estate at the NYU Schack Institute of Real Estate.

Freddie Mac Announces Tender Offer for Any and All of Certain STACR Notes

Retrieved on: 
Wednesday, September 6, 2023

MCLEAN, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, September 6, 2023.

Key Points: 
  • MCLEAN, Va., Sept. 06, 2023 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) today announced that it has commenced a fixed-price cash tender offer (the “Offer”) for the purchase of any and all of the STACR® (Structured Agency Credit Risk) Notes listed in the table below (the “Notes”) beginning Wednesday, September 6, 2023.
  • Certain of the classes of Notes subject to the Offer were issued by the STACR Trust identified in the table below (each, a “Trust”).
  • Freddie Mac is the holder of the owner certificate issued by each Trust and, as a result, the sole beneficial owner of each Trust.
  • Freddie Mac is offering to purchase any and all of the Notes listed.

Aviation Capital Group Announces $500 Million Secured Credit Facility in support of its AFS Business

Retrieved on: 
Tuesday, September 5, 2023

Aviation Capital Group LLC (“ACG”) announced today the closing of a $500 million secured credit facility in support of its Aircraft Financing Solutions (“AFS”) business.

Key Points: 
  • Aviation Capital Group LLC (“ACG”) announced today the closing of a $500 million secured credit facility in support of its Aircraft Financing Solutions (“AFS”) business.
  • The facility was structured by BNP Paribas and Société Générale and includes an accordion option which can be exercised to provide up to $1 billion in total availability.
  • “ACG is excited to announce the closing of our second AFS credit facility,” said Robert Lewandowski, Managing Director of ACG.
  • “This facility further enhances our ability to support our airline customers with innovative financing solutions to help meet their capital requirements.

CURO Announces Addition of New Independent Director Bob Hurzeler to CURO’s Board and Completion of Flexiti Sale

Retrieved on: 
Tuesday, September 5, 2023

“We are excited to welcome Bob to the CURO Board.

Key Points: 
  • “We are excited to welcome Bob to the CURO Board.
  • Mr. Hurzeler has served as the Chief Executive Officer of Flagship Credit Acceptance, an auto lender, since 2019.
  • “I am incredibly honored to join the CURO Board at this very important time as CURO continues to execute on its strategic plan,” said Mr. Hurzeler.
  • The updated outlook has no material changes from the prior published outlook other than reflecting the removal of the Canada POS Lending (Flexiti) segment.