Term

Primerica Reports First Quarter 2024 Results

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星期一, 五月 6, 2024
Professional Services, Insurance, Finance, Asset Management, Fintech, Banking, Personal Finance, Sale, Total, LTV, Policy, RBC, DAC, Software, Webcast, Term Life, IPO, Tax, MTM, Acquisition, Bank statement, Adjustment, GAAP, Growth, Primerica, Term

Life insurance policies issued during the first quarter of 2024 increased 2% to 86,587, helping to drive $28.7 billion in term life face amount issued during the three months ended March 31, 2024.

Key Points: 
  • Life insurance policies issued during the first quarter of 2024 increased 2% to 86,587, helping to drive $28.7 billion in term life face amount issued during the three months ended March 31, 2024.
  • Primerica Life Insurance Company’s statutory risk-based capital (RBC) ratio was estimated to be approximately 430% as of March 31, 2024.
  • The proceeds of this claim will be excluded from second quarter adjusted operating results to provide comparability to the prior year results.
  • Primerica will hold a webcast on Tuesday, May 7, 2024, at 10:00 a.m. Eastern, to discuss the quarter’s results.

Appia Engages Generation IACP to Provide Market Making Services

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星期二, 四月 16, 2024
MUN, Tax, Generation, Legislation, IACP, API, Term

Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it has engaged Generation IACP Inc. ("IACP") to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 16, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it has engaged Generation IACP Inc. ("IACP") to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation.
  • Commencing on the first anniversary of the agreement, the fee payable to Generation will automatically increase annually by 3%.
  • IACP's market making activity will be primarily to correct temporary imbalances in the supply and demand of the Company's shares.
  • IACP will be responsible for the costs it incurs in buying and selling the Company's shares, and no third party will be providing funds or securities for the market making activities.

Greenridge Exploration Announces Marketing Agreement

Retrieved on: 
星期五, 四月 12, 2024
GXP, MIC, Google Ads, Marketing, Service, Term

VANCOUVER, British Columbia, April 12, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce that it has re-engaged the marketing services of MIC Marketing Information & Content Publishing GmbH (“MIC”) (address: Gerhart-Hauptmann-Str.

Key Points: 
  • VANCOUVER, British Columbia, April 12, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce that it has re-engaged the marketing services of MIC Marketing Information & Content Publishing GmbH (“MIC”) (address: Gerhart-Hauptmann-Str.
  • 49b 51379 Leverkusen, Germany; email: [email protected] ) by entering into an agreement for MIC to provide marketing services for a duration of 6 months, commencing on April 18, 2024 (the “MIC Agreement”).
  • MIC was originally retained by the Company on January 9, 2024 to provide marketing services.
  • MIC is an independent company which will, as appropriate, provide project management and consulting for an online marketing campaign, coordinate marketing actions, maintain and optimize AdWords campaigns, adapt AdWords bidding strategies, optimize AdWords ads and create and optimize landing pages (the “Marketing Services”).

Prudential Financial, Inc. Announces First Quarter 2024 Results

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星期二, 四月 30, 2024
Asset Management, Professional Services, Insurance, Finance, Corporation, Table, PRU, Term, Common, Policy, PGIM, Life, Growth, Prudential Financial, Loss, GAAP, Long-term care, Disability, Assurance

Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.

Key Points: 
  • Net income attributable to Prudential Financial, Inc. was $1.138 billion ($3.12 per Common share) for the first quarter of 2024, compared to $1.462 billion ($3.93 per Common share) for the first quarter of 2023.
  • PGIM, the Company’s global investment management business, reported adjusted operating income of $169 million for the first quarter of 2024, compared to $151 million in the year-ago quarter.
  • Businesses reported adjusted operating income of $839 million for the first quarter of 2024, compared to $760 million in the year-ago quarter.
  • Reported adjusted operating income of $441 million in the current quarter, compared to $396 million in the year-ago quarter.

SBA Communications Corporation Reports First Quarter 2024 Results; Updates Full Year 2024 Outlook; and Declares Quarterly Cash Dividend

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星期一, 四月 29, 2024
Technology, Other Construction & Property, Telecommunications, Mobile, Wireless, Construction & Property, Internet, REIT, Net income, Term, International, Investment, Outlook, Security (finance), SBA, Debt, Tax, Line of credit, Base rate, Interest expense, Facility, Credit

Site leasing operating profit in the first quarter of 2024 was $513.4 million, an increase of 3.3% over the prior year period.

Key Points: 
  • Site leasing operating profit in the first quarter of 2024 was $513.4 million, an increase of 3.3% over the prior year period.
  • Tower Cash Flow in the first quarter of 2024 of $506.0 million was comprised of Domestic Tower Cash Flow of $387.2 million and International Tower Cash Flow of $118.8 million.
  • Tower Cash Flow Margin was 81.1% in the first quarter of 2024, as compared to 80.4% for the prior year period.
  • During the first quarter of 2024, SBA acquired 11 communication sites for total cash consideration of $9.2 million.

Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing

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星期四, 四月 18, 2024
Food, Beverage, Supply Chain Management, Retail, Supermarket, Convenience Store, Snack, Winston & Strawn, Sale, Utz Brands, Cheating, Our Home, RBC Capital Markets, Employment, UTZ, Acquisition, Term loan, Term, Bank

This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.

Key Points: 
  • This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.
  • Following the closing of the transactions, Utz and Our Home will operate under a Transition Services Agreement for up to 12 months.
  • Utz announced today that it has successfully completed a repricing of its $630 million Term Loan (“Term Loan”) due in January 2028.
  • There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.

CMD Global Partners Expands Corporate Advisory Practice in New York and Chicago

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星期二, 四月 9, 2024
Professional Services, Other Professional Services, Finance, Asset Management, Consulting, Banking, Consumer, CMD, CFO, DePaul University, Council, Acquisition, Sciences Po, Harvard Business School, Interactive media, Telecom, Foreign policy, Executive officer, Term, Financial services

CMD Global Partners (“CMD”), an independent investment banking advisory firm, announced today that Alexandre Chenesseau and Bill Fox have joined the firm as Managing Directors in its Corporate Advisory practice.

Key Points: 
  • CMD Global Partners (“CMD”), an independent investment banking advisory firm, announced today that Alexandre Chenesseau and Bill Fox have joined the firm as Managing Directors in its Corporate Advisory practice.
  • Alex is based in New York and expands CMD’s activities in the Technology, Interactive Media and Consumer sectors.
  • Bill is based in Chicago and expands CMD’s activities in the Packaging sector and Restructuring.
  • Alex joins CMD from Evercore, where he was a Managing Director in New York responsible for advising North American and European clients on cross-border transactions in Asia.

Porsche Financial Services strengthens leadership team

Retrieved on: 
星期二, 四月 2, 2024
Bugatti, Moses Austin, CRM, SVKM's NMIMS, University of Illinois Urbana-Champaign, Strategic management, Management information system, University, Business administration, Kellogg School, Temple University, Marketing communications, IPO, MBA, Northwestern University, Digital transformation, Northern Illinois University, Capital market, Term, Florida State University, BBA, PFS, Treasury, Customer service, Management

Atlanta, April 02, 2024 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS) announced today the appointment of four new vice presidents to key leadership positions.

Key Points: 
  • Atlanta, April 02, 2024 (GLOBE NEWSWIRE) -- Porsche Financial Services, Inc. (PFS) announced today the appointment of four new vice presidents to key leadership positions.
  • "Following the Porsche IPO in September 2022, Porsche Financial Services has continued to evaluate how the organization can most effectively support its continued growth plan,” said Ross Dupper, President and CEO of Porsche Financial Services.
  • John Claiborne, VP Digital Transformation and Data Intelligence: John began his career with Porsche in 2001 as an IT contractor and has since held positions with increasing technical and management responsibility with Porsche Business Services, Porsche Cars North America, and Porsche Financial Services, where he managed the US launch of exclusive brand financial services for Bentley, Lamborghini, and Bugatti in 2012.
  • As the dedicated financial services company for Porsche Cars North America, PFS provides custom financial solutions and products to Porsche customers and dealers in the United States and Canada.

Par Pacific Announces Expected Term Loan Repricing

Retrieved on: 
星期四, 三月 28, 2024
Term loan, S&P, Par Pacific Holdings, Documentation, Term

HOUSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced it expects to reprice and allocate its existing term loan credit agreement due 2030 (the “Term Loan Facility”).

Key Points: 
  • HOUSTON, March 28, 2024 (GLOBE NEWSWIRE) -- Par Pacific Holdings, Inc. (NYSE: PARR) (“Par Pacific”) today announced it expects to reprice and allocate its existing term loan credit agreement due 2030 (the “Term Loan Facility”).
  • In addition, the amendment will eliminate the Term SOFR Adjustment of 10 basis points with respect to loans under the Term Loan Facility.
  • The amendment provides that if Par Pacific receives a further ratings upgrade from S&P, the annual interest rates under the Term Loan Facility will be reduced by an additional 0.25%.
  • “Our strong operating performance and record financial results over the past year have enabled us to reprice our term loan facility on improved terms,” said Shawn Flores, Chief Financial Officer of Par Pacific.

Cushman & Wakefield Successfully Completes Term Loan Repricing; Prepays $50 million of Total Debt Outstanding

Retrieved on: 
星期二, 四月 9, 2024
Professional Services, Other Construction & Property, Commercial Building & Real Estate, Finance, Construction & Property, REIT, Cushman & Wakefield, Term loan, Term, CWK

Cushman & Wakefield (NYSE: CWK) today announced that it has successfully completed a repricing of $1.0 billion of its Term Loan (“Term Loan”) due 2030.

Key Points: 
  • Cushman & Wakefield (NYSE: CWK) today announced that it has successfully completed a repricing of $1.0 billion of its Term Loan (“Term Loan”) due 2030.
  • The repricing reduces the applicable interest rate on the $1.0 billion of Term Loan issued in August 2023 by 25bps from Term SOFR plus 4.00% to Term SOFR plus 3.75%.
  • There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.
  • Additionally, the Company announced that during the first quarter it elected to prepay $50 million of its Term Loan due 2025.