TD Bank

Saia Inc. Announces New Revolving Credit Facility

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星期一, 二月 6, 2023
Disease, TD, Employment, Bank of America, Insurance, Food, TD Bank, NA, Failure, COVID-19, Weather, Security (finance), Health, SAIA, LTL, Acquisition, National Association, Social media, BOKF, News, JPMorgan Chase, PNC Financial Services, Bank, Food and Drug Administration, Personal injury, Partnership, Transport, CSA, Accounting, Administration, Syndication, Workforce, Saia, Chase Bank, Climate change, Disaster, Airline, Risk management, Safety, Homeland security

This credit facility replaces the Company’s existing secured $300 million revolving credit facility, which was scheduled to mature in February 2024.

Key Points: 
  • This credit facility replaces the Company’s existing secured $300 million revolving credit facility, which was scheduled to mature in February 2024.
  • The credit facility provides flexibility for Saia's future growth opportunities," said Saia’s Executive Vice President and Chief Financial Officer, Douglas Col.  "We thank our lending group for their ongoing support."
  • This description of the revolving credit facility is a summary only and is qualified in its entirety by reference to the full text of the credit agreement, a copy of which will be filed in a Form 8-K with the Securities and Exchange Commission ("SEC").
  • Saia, Inc. (NASDAQ: SAIA) offers customers a wide range of less-than-truckload, non-asset truckload, expedited and logistics services.

ETA Announces 2023 Board of Directors

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星期四, 一月 19, 2023
Ecosystem, Merchant services, ETA, SVP, FIS, Integration, TD, Growth, TD Bank, Management

WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- The Electronic Transactions Association (ETA), the global trade association for the payments technology industry, today announced the election of its 2023 Board of Directors.

Key Points: 
  • WASHINGTON, Jan. 19, 2023 /PRNewswire/ -- The Electronic Transactions Association (ETA), the global trade association for the payments technology industry, today announced the election of its 2023 Board of Directors.
  • "It's an honor to have the opportunity to lead ETA during a time when payments technology is accelerating at such a rapid pace," said Eric Hoffman, President of the ETA Board.
  • "I look forward to working with the Board of Directors to help ETA build upon its strengths and to serve this dynamic industry."
  • "I am excited to work with the 2023 ETA Board of Directors, leaders from the sophisticated and interconnected payments technology industry, whose companies continue to power the growth of frictionless payments, digital commerce and steadfast innovation."

Involta Expands Executive Leadership Team with the Appointment of Carl Gordulic as Chief Financial Officer

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星期二, 一月 17, 2023
Accounting, TD, TD Bank, Youngstown State University, Acquisition, MBA, CG, Youngstown, Ohio, Cloud computing, Management, Finance

HONOLULU and CEDAR RAPIDS, Iowa, Jan. 17, 2023 /PRNewswire/ -- Involta, an industry-leading hybrid IT, cloud computing, and data center services company, announces the promotion of Carl Gordulic to Chief Financial Officer. Gordulic played an instrumental role in facilitating the acquisition of Involta by global investment firm Carlyle (NASDAQ: CG). The deal, which closed in 2022, has spurred expansion, investment and additions to Involta's leadership team this past year.

Key Points: 
  • HONOLULU and CEDAR RAPIDS, Iowa, Jan. 17, 2023 /PRNewswire/ -- Involta, an industry-leading hybrid IT, cloud computing, and data center services company, announces the promotion of Carl Gordulic to Chief Financial Officer.
  • The deal, which closed in 2022, has spurred expansion, investment and additions to Involta's leadership team this past year.
  • Carl Gordulic was instrumental in facilitating the acquisition of Involta by global investment firm Carlyle.
  • Prior to his tenure with Involta, Gordulic worked for Data Recovery Services, where he served in various roles, including Chief Financial Officer, President and Chief Operations Officer.

TD BANK AND DELAWARE NORTH EXTEND TD GARDEN NAMING RIGHTS THROUGH 2045

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星期四, 一月 12, 2023
Small business, Crawford House Artist's Studio, TD Bank, N.A., Sports Museum, TD Garden, Heart, Boston Garden, Bruin, TD, Convenience, Sport, The arts, 2020–21 Boston Bruins season, TD Bank, Level (7) with Me, Community Clubhouse, Boston Bruins, Entertainment, Payment card, Delaware North, Hockey

BOSTON, Jan. 12, 2023 /PRNewswire/ -- Delaware North, owner and operator of TD Garden, Boston's premier sports and entertainment arena, together with the venue's naming rights partner, TD Bank, America's Most Convenient Bank®, today announced a historic 20-year naming rights extension that keeps the beloved landmark and arena name as "TD Garden" through 2045. 

Key Points: 
  • BOSTON, Jan. 12, 2023 /PRNewswire/ -- Delaware North, owner and operator of TD Garden, Boston's premier sports and entertainment arena, together with the venue's naming rights partner, TD Bank, America's Most Convenient Bank® , today announced a historic 20-year naming rights extension that keeps the beloved landmark and arena name as "TD Garden" through 2045.
  • TD Bank has been the exclusive naming rights partner of the storied "Boston Garden" arena since July 1, 2005.
  • In addition to the community endeavors, TD Bank and TD Garden are excited to offer new experiences and incentives for fans, TD Bank customers and the New England community.
  • TD Bank customers can receive a 15 percent discount at the ProShop powered by '47, free admission to The Sports Museum located in TD Garden, fast lanes at select concessions lines for customers who show their TD Bank card, and $20 TD Garden mobile gift cards to customers who add their TD Bank card as a form of payment in the TD Garden Hub App.

BXP Announces Closing of $1.2 Billion Unsecured Term Loan Facility

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星期一, 一月 9, 2023
Professional Services, Residential Building & Real Estate, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Banking, TD Bank, Syndication, Bank, Partnership, BofA Securities, National Association, SOFR, EVP, Wells Fargo, U.S. Bancorp, BPLP, BNY Mellon, Sumitomo Mitsui Banking Corporation, CFO, Bank of America, M&T Bank, JPMorgan Chase, NYSE, Truist Financial, Chase Bank, TD, PNC Financial Services, Scotiabank, Security (finance), BXP

BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has closed on a new, $1.2 billion unsecured term loan facility that matures in May 2024, with one, twelve-month extension option subject to the satisfaction of customary conditions.

Key Points: 
  • BXP (NYSE: BXP), the largest publicly traded developer, owner, and manager of premier workplaces in the United States, announced today that its operating partnership, Boston Properties Limited Partnership (“BPLP”), has closed on a new, $1.2 billion unsecured term loan facility that matures in May 2024, with one, twelve-month extension option subject to the satisfaction of customary conditions.
  • The term loan facility also includes an accordion feature that allows BPLP, at its option, to increase total commitments under the facility up to an additional $300.0 million in aggregate principal amount (such that the term loan facility shall not exceed $1.5 billion), subject to the satisfaction of customary conditions.
  • The term loan currently bears interest at a variable rate equal to adjusted Term SOFR plus 0.85% per annum.
  • A portion of the proceeds were used to repay BPLP’s $730.0 million term loan that was scheduled to mature in May 2023, resulting in incremental proceeds of approximately $466.0 million that are available for general corporate purposes.

Economic Uncertainty Delays Retirement Plans for Business Owners

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星期三, 一月 11, 2023
TD Bank, Retirement, Investment management, Ageing, TD Waterhouse, SVP, TD, Environment, Financial adviser, Life insurance

CHERRY HILL, N.J. and NEW YORK, Jan. 11, 2023 /PRNewswire/ -- An annual survey of third-party business owners reveals that inflation and supply chain issues negatively impacted business owners' retirement plans in the past 12 months, forcing many to re-evaluate their business plans and seek financial planning advice from professionals.

Key Points: 
  • CHERRY HILL, N.J. and NEW YORK, Jan. 11, 2023 /PRNewswire/ -- An annual survey of third-party business owners reveals that inflation and supply chain issues negatively impacted business owners' retirement plans in the past 12 months, forcing many to re-evaluate their business plans and seek financial planning advice from professionals.
  • Inflation emerged as the top concern (63%), closely followed by economic uncertainty (56%) as rising interest rates and the threat of a recession force business owners to re-evaluate their financial and retirement plans.
  • Nearly two-thirds (65%) of business owners surveyed changed their retirement plans in the past 12 months, including changing their asset allocation (31%), postponing retirement (30%) and lowering contributions toward their retirement (30%).
  • Business owners aged 18-34 (70%) and 35-54 (74%) were more likely to amend their retirement plans compared to older business owners aged 55+ (50%).

Ashkenazy Acquisition Corporation Refinances Manhattan Retail Condo for $20.6M

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星期五, 二月 3, 2023
Commercial Building & Real Estate, Construction & Property, TD Bank, CMBS, Bank, Bank of Montreal, Ben Ashkenazy, AAC, TD, Third Avenue, Sports Properties Acquisition Corporation, Senior, Capital Group Companies, Commercial property, Commercial Building & Real Estate, Construction & Property

Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $20.6M for the Chatham Retail Condo in New York City.

Key Points: 
  • Ashkenazy Acquisition Corporation (AAC), a private real estate investment firm, today announced a year-end refinancing of $20.6M for the Chatham Retail Condo in New York City.
  • The Chatham Retail Condo, a 25,673-square-foot Manhattan retail condo located on Third Avenue, received a 10-year, fixed-rate loan from the Bank of Montreal.
  • “We’re thrilled to work with the Bank of Montreal and Meridian Capital Group to refinance this property,” said Yehuda Sheinfeld, Chief Financial Officer of Ashkenazy Acquisition Corporation.
  • Ashkenazy Acquisition has a superior performance history in purchasing and managing premier assets.

TD Charitable Foundation Will Award $7 Million to Housing Non-Profits Helping Renters in Need

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星期二, 一月 10, 2023
TD Bank, Bank, Campaign for Better Health Care, EST, Organization, Connecting Communities, Housing, Convenience, TD, Lease, Property management

CHERRY HILL, N.J., Jan. 10, 2023 /PRNewswire/ -- TD Charitable Foundation, the charitable giving arm of TD Bank, America's Most Convenient Bank®, today announced the launch of its 17th annual Housing for Everyone grant competition. This year, the competition will focus on organizations delivering rental assistance, rehabilitating affordable housing properties, and building organizational capacity to address resident sustainability for the long-term. The Foundation will award a total of $7 million to 37 non-profit organizations across 17 states and Washington, D.C.

Key Points: 
  • CHERRY HILL, N.J., Jan. 10, 2023 /PRNewswire/ -- TD Charitable Foundation , the charitable giving arm of TD Bank , America's Most Convenient Bank®, today announced the launch of its 17th annual Housing for Everyone grant competition.
  • This year, the competition will focus on organizations delivering rental assistance, rehabilitating affordable housing properties, and building organizational capacity to address resident sustainability for the long-term.
  • The Foundation will award a total of $7 million to 37 non-profit organizations across 17 states and Washington, D.C.
  • Housing nonprofits are often left scrambling to meet the growing demand for affordable housing units and emergency rental assistance – all while managing new organizational capacity challenges.

iCapital® Appoints Regulatory Expert Agnes Bundy Scanlan, President of The Cambridge Group, to Its Board of Directors

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星期三, 一月 4, 2023
Software, Finance, Asset Management, Consulting, Banking, Professional Services, Technology, Fintech, TD Bank, Bank, United States Senate Committee on Banking, Housing, and Urban Affairs, Truist Financial, Bank of America, Multimedia, Savoy Pictures, Consumer, TD, Investment, FleetBoston Financial, AppFolio, RCM, Consumer Financial Protection Bureau, Financial adviser, Management

View the full release here: https://www.businesswire.com/news/home/20230104005290/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230104005290/en/
    Ms. Bundy Scanlan brings a wealth of experience from her 30-year career in regulatory risk management and compliance.
  • Since May 2020, she has served as president of The Cambridge Group, a regulatory risk management firm that advises financial services and fintech firms.
  • “Having an active and engaged board of directors with a variety of backgrounds and experiences is vital to the success of iCapital.
  • I’m delighted to welcome Agnes to our board,” said Lawrence Calcano, Chairman and Chief Executive Officer of iCapital.

myFICO: How to Recover from Holiday Overspending

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星期五, 一月 20, 2023
Professional Services, Other Consumer, Consumer, Residential Building & Real Estate, Finance, Construction & Property, Banking, TD Bank, Holiday, Blog, Season, TD, Online shopping, Financial services, Security (finance), Bank

A recent survey by TD Bank reveals that 69% of consumers admit they have struggled with overspending during past holiday seasons.

Key Points: 
  • A recent survey by TD Bank reveals that 69% of consumers admit they have struggled with overspending during past holiday seasons.
  • You can recover from holiday overspending, but you need a plan.
  • For more loan and credit education, visit myFICO’s blog at https://www.myfico.com/credit-education/blog
    Once you start overspending, it can be difficult to stop.
  • The next step to recovering from holiday overspending is to take an honest look at your financial situation.