DZ Bank

Finacity, a White Oak Company, and DZ BANK Upsize Receivables Securitization for Nitron Group LLC to USD 165 Million

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星期一, 十一月 21, 2022
Urea, Growth, CFO, DZ Bank, DZ, Phosphate, BANK, ABCP, Agent, Höchst (Frankfurt am Main), Safety, Online shopping, Bank

STAMFORD, Conn., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (Finacity) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (DZ BANK) announce that they have successfully upsizeda trade receivables securitization for Nitron Group LLC (Nitron), a company headquartered in Greenwich, CT.

Key Points: 
  • STAMFORD, Conn., Nov. 21, 2022 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (Finacity) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (DZ BANK) announce that they have successfully upsizeda trade receivables securitization for Nitron Group LLC (Nitron), a company headquartered in Greenwich, CT.
  • The facility is collateralized by Nitrons receivables for fertilizer distribution and importation services in Latin America, North America, Europe, and Africa.
  • We remain grateful to our partners, DZ Bank and Finacity, for their continued support and confidence in Nitron.
  • DZ BANK is the second largest bank in Germany and acts as central bank for approximately 800 cooperative banks with over 8,500 branches in Germany.

Bluegreen Extends and Expands $250.0 Million VOI Notes Receivable Purchase Facility

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星期一, 十月 3, 2022
Restaurant, Bar, Professional Services, Vacation, Cruise, Other Travel, Lodging, Destinations, Travel, Retail, Maritime, Transport, Finance, Truist Financial, Perception, Securities Exchange Act of 1934, Phrase, BVH, SEC, Bank of America, Securities Act of 1933, VOI, Lead arranger, DZ, KeyBank, DZ Bank, LIBOR, NYSE, Forward-looking statement, Risk, SOFR, Citizens Bank, Company, Bank, Security (finance), Citizenship

Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the Company or Bluegreen) announced today the amendment and extension of the vacation ownership interest (VOI) notes receivable purchase facility with KeyBank National Association (KeyBank), Bank of America, N.A.

Key Points: 
  • Bluegreen Vacations Holding Corporation (NYSE: BVH) (OTCQX: BVHBB) (the Company or Bluegreen) announced today the amendment and extension of the vacation ownership interest (VOI) notes receivable purchase facility with KeyBank National Association (KeyBank), Bank of America, N.A.
  • The amended and restated purchase facility extended the advance period from December 2022 to September 2025 and increased the maximum outstanding financings from $80.0 million to up to $250.0 million.
  • The amended and restated facility provides for an advance rate of up to 88% with respect to VOI receivables securing amounts financed (from the 80% advance rate prior to the amendment and restatement).
  • As of the date of this release, there were no outstanding borrowings under the facility.

All Seas Capital Backs Zimmer MedizinSysteme

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星期三, 九月 21, 2022
Professional Services, Health, Medical Devices, Physical Therapy, Finance, Pharmaceutical, Biotechnology, Acceleration, ESG, Kohlberg Kravis Roberts, Company, Population, Health, Growth, HarbourVest Global Private Equity, Solution, Leadership, SGP, Citibank, KKR, Insurance, Board, Trust, Bankers Trust, Armin, DZ Bank, Renewable energy, Risk management, Financial services, Security (finance), Bank

All Seas Capital Fund I (All Seas Capital), a pan-European private capital fund that provides transformational capital solutions to leading founder- and entrepreneur-owned companies, announces a significant minority investment in Zimmer MedizinSysteme (Zimmer or the Company), one of the leading manufacturers of physiotherapy and aesthetics devices.

Key Points: 
  • All Seas Capital Fund I (All Seas Capital), a pan-European private capital fund that provides transformational capital solutions to leading founder- and entrepreneur-owned companies, announces a significant minority investment in Zimmer MedizinSysteme (Zimmer or the Company), one of the leading manufacturers of physiotherapy and aesthetics devices.
  • Armin Zimmer and Michael Zimmer, co-CEOs of Zimmer MedizinSysteme, said:
    We are thrilled to have found in All Seas Capital a partner that truly understands Zimmers potential and the strength of the family business culture we have built over the past 50 years.
  • Emmanuel Logan-Moll, Managing Director of All Seas Capital, added:
    We are delighted to be partnering with such a well-respected business as Zimmer.
  • All Seas Capital is a pan-European private capital fund that provides flexible long-term financing solutions to leading mid cap companies.

Pandora FMS launches professional monitoring solution integrated with IBM i

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星期三, 九月 14, 2022
Software, Technology, Networks, Cloud, Pandora FMS, IBM Power Systems, Workload, IBM, Unified communications, History, CEO, Chief executive officer, American Marsh, Solution, McLennan, M81, FMS, AS400, Graphical Data Display Manager, DZ Bank, Software as a service, View, Typesetting

The IT company Pandora FMS, specialized in system monitoring, is now the first IT national company that's able to offer monitoring solutions for both IBM i systems (formerly known as AS400) and for modern systems.

Key Points: 
  • The IT company Pandora FMS, specialized in system monitoring, is now the first IT national company that's able to offer monitoring solutions for both IBM i systems (formerly known as AS400) and for modern systems.
  • Pandora FMS, through the solution developed by the French company M81, will provide this service to multiple business giants.
  • M81 developed a monitoring software for IBM i, so Pandora FMS offers something unique in the market.
  • Until now they hired specific monitoring systems for IBM i, but thanks to Pandora FMS and M81 they will be able to implement a single powerful monitoring system that combines the management of both.

Global Reinsurance Markets, 2022-2026: Market is Poised to Grow by $328.62 Billion - Emergence of New Products in the Market - ResearchAndMarkets.com

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星期五, 五月 13, 2022
Insurance, Professional Services, Odyssey, General Insurance Corporation of India, Swiss Re, Berkshire Hathaway, SCOR, DZ Bank, AD, Everest Re, Industry, QBE Insurance, Awareness, MS, Technology, RenaissanceRe, SCOR SE, CAGR, Reinsurance, Retail

The reinsurance market is poised to grow by $328.62 bn during 2022-2026, accelerating at a CAGR of 10.1%

Key Points: 
  • The reinsurance market is poised to grow by $328.62 bn during 2022-2026, accelerating at a CAGR of 10.1%
    The market is driven by increasing awareness of insurance products in emerging markets, increasing geriatric population, and the emergence of new products in the market.
  • This study identifies the fluctuating interest rates of reinsurance premium as one of the prime reasons driving the reinsurance market growth during the next few years.
  • The report on the reinsurance market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment.

Ensurem Enters Into $100 Million Credit Facility with DZ BANK

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星期二, 三月 8, 2022
Life, Partner, Marketing, Partnership, Medicare Advantage, DZ, Medigap, DZ Bank, Aviation, Health, Acquisition, BANK, Technology, Medicare, Growth, Insurance, CEO, Sport, Health insurance, Financial services

LARGO, Fla., March 8, 2022 /PRNewswire/ -- Ensurem, a Florida-based insurance technology and distribution company, today announced that it has entered into a $100 million credit facility with DZ BANK.

Key Points: 
  • LARGO, Fla., March 8, 2022 /PRNewswire/ -- Ensurem, a Florida-based insurance technology and distribution company, today announced that it has entered into a $100 million credit facility with DZ BANK.
  • This facility refinances existing debt and allows Ensurem to meaningfully increase the marketing and distribution of Medicare Advantage and Medicare Supplement policies.
  • Ensurem plans to double its agent headcount in 2022 relative to the start of the 2021 Annual Enrollment Period.
  • DZ BANK is the second largest bank in Germany and acts as central bank for approximately 800 cooperative banks with over 8,500 branches in Germany.

DGAP-News: UET United Electronic Technology AG strengthens Management for upcoming development

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星期三, 一月 19, 2022
DZ Bank, ISIN, Swedish, Solution, COVID, Management, Bank, Financial technology

UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that Antje Lobisch will strengthen the existing management of the UET Group as new CFO (Chief Financial Officer).

Key Points: 
  • UET United Electronic Technology AG (ISIN: DE000A0LBKW6), Eschborn, announces that Antje Lobisch will strengthen the existing management of the UET Group as new CFO (Chief Financial Officer).
  • After further positions in Fintech's and the automotive supplier Vibracoustic with responsibility for treasury and investment management, Antje Lobisch is now responsible for the development of the entire financial area of the UET Group and all group companies.
  • With this development we have to focus more on the further development of our financial position.
  • With broad experience, dynamism and understanding of technology-driven international business development, Antje Lobisch strengthens our team perfectly, and exactly at the right time," says chairman of the board Werner Neubauer.

adesso is Mindbreeze Partner of the Year 2021 in Europe

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星期三, 一月 12, 2022
Networks, Internet, Hardware, Technology, Software, Aviation, Insight, LinkedIn, Commerzbank, Adesso, DZ Bank, Partner, CEO, Union Investment, Solution, Industry, Goal, DAK, Method, MDK, Artificial intelligence, Daimler, BayernLB, DekaBank (Germany), Knowledge management, Telecommunication, Machine learning, Public relations, Risk management, KfW, adesso, Mindbreeze, ADESSO, MINDBREEZE

Mindbreeze , a leading provider of appliances and cloud services in the field of information insight, names adesso "European Partner of the Year 2021".

Key Points: 
  • Mindbreeze , a leading provider of appliances and cloud services in the field of information insight, names adesso "European Partner of the Year 2021".
  • Premium partner adesso demonstrated outstanding performance and exceptional implementation expertise in introducing Mindbreeze InSpire.
  • In Mindbreeze, we have a close and strong partner for the segment of enterprise search and insight engines," explains Maximilian Berger, Enterprise Search Manager at adesso.
  • adesso was founded in 1997 in Dortmund and currently employs more than 5,600 people in the adesso Group.

Finacity, a White Oak Company, and DZ BANK Facilitate a 2.5-Year USD $150 Million Receivables Securitization for Nitron Group LLC

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星期一, 十月 25, 2021
Safety, CFO, ABCP, Salzhaus (Frankfurt am Main), Urea, Phosphate, Nitron, LLC, Growth, DZ, Solution, DZ Bank, Agent, GLOBE, WOGA, BANK, Bank

STAMFORD, Conn., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (Finacity) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (DZ BANK) announce that they have successfully launched a trade receivables securitization for Nitron Group LLC (Nitron), a company headquartered in Greenwich, CT.

Key Points: 
  • STAMFORD, Conn., Oct. 25, 2021 (GLOBE NEWSWIRE) -- Finacity Corporation, a White Oak Company, (Finacity) and DZ Bank AG Deutsche Zentral-Genossenschaftsbank, Frankfurt AM Main, New York Branch (DZ BANK) announce that they have successfully launched a trade receivables securitization for Nitron Group LLC (Nitron), a company headquartered in Greenwich, CT.
  • The 2.5-year facility is collateralized by Nitrons receivables for fertilizer distribution and importation services in Latin America, North America, Europe, and Africa.
  • Additionally, the facility will provide Nitron with the liquidity needed to fuel our growth in the coming years.
  • DZ BANK is the second largest bank in Germany and acts as central bank for approximately 800 cooperative banks with over 8,500 branches in Germany.

DGAP-News: ENCAVIS AG signs sustainable ESG syndicated loan of 125 million euros with a term of up to five years

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星期二, 八月 17, 2021
UN, DZ Bank, Electricity, Center, Sustainability, IPP, United Nations Global Compact, Primary Dealer Credit Facility, AG, ISS, Plant, Farm, Leadership, Competence, CO2, Allen & Overy, Commerzbank, CFO, Investment, Wind, ISIN, Deutsch, FIT, PPA, ESG, MSCI, MDAX, BayernLB, Security (finance), Lithium, Bank, Renewable energy

The core of the syndicated loan is a revolving 100 million euro hunting line for fast interim financing of Encavis AG's investments in new wind and solar parks.

Key Points: 
  • The core of the syndicated loan is a revolving 100 million euro hunting line for fast interim financing of Encavis AG's investments in new wind and solar parks.
  • A further revolving credit line of 25 million euros is used for working capital financing.
  • Encavis AG's environmental, social and governance performance has been awarded by two of the world's leading ESG rating agencies.
  • MSCI ESG Ratings awarded the corporate ESG performance with "AA" and ISS ESG with their "Prime" label.