Citigroup

Brandywine Realty Trust Announces Pricing Terms of Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024

Retrieved on: 
Friday, April 19, 2024

Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.

Key Points: 
  • Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.
  • Additional terms and conditions of the Tender Offer are set forth in the Tender Offer Documents.
  • Holders are urged to read the Tender Offer Documents carefully before making any decision with respect to the Tender Offer.
  • The Operating Partnership is making the Tender Offer only by, and pursuant to the terms of, the Tender Offer Documents.

William H. Reinhardt Elected Vice President – Research, Adams Diversified Equity Fund

Retrieved on: 
Friday, April 19, 2024

BALTIMORE, Md., April 18, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund (NYSE: ADX) announced that William H. Reinhardt has been elected Vice President-Research, effective April 18, 2024.

Key Points: 
  • BALTIMORE, Md., April 18, 2024 (GLOBE NEWSWIRE) -- Adams Diversified Equity Fund (NYSE: ADX) announced that William H. Reinhardt has been elected Vice President-Research, effective April 18, 2024.
  • Mr. Reinhardt joined Adams Diversified Equity Fund in February 2023 as a senior equity analyst covering the Industrials sector.
  • Prior to joining the Fund, Mr. Reinhardt worked at Monarch Partners and before that, at Columbia Threadneedle, as a senior equity analyst covering Industrials, Materials, and Energy.
  • Mr. Reinhardt holds a Bachelor of Arts degree in Political Science from Kenyon College and he is a CFA Charter holder.

SHAREHOLDER ALERT: Pomerantz Law Firm Reminds Shareholders with Losses on their Investment in Plug Power Inc. of Class Action Lawsuit and Upcoming Deadlines – PLUG

Retrieved on: 
Tuesday, April 16, 2024

NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Plug Power Inc. (“Plug” or the “Company”) (NASDAQ: PLUG) and certain officers.

Key Points: 
  • NEW YORK, April 16, 2024 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Plug Power Inc. (“Plug” or the “Company”) (NASDAQ: PLUG) and certain officers.
  • Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased.
  • Plug offers its products to retail-distribution and manufacturing businesses through a direct product sales force, original equipment manufacturers, and dealer networks.
  • Founded by the late Abraham L. Pomerantz, known as the dean of the class action bar, Pomerantz pioneered the field of securities class actions.

Global Jet Capital Completes Securitization, Raising $575M

Retrieved on: 
Tuesday, April 16, 2024

Danbury, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2024-1 securitization, raising approximately $575 million.

Key Points: 
  • Danbury, CT, April 16, 2024 (GLOBE NEWSWIRE) -- Global Jet Capital, a global leader in financial solutions for business aircraft, announced today the closing of its BJETS 2024-1 securitization, raising approximately $575 million.
  • BJETS 2024-1 is Global Jet Capital’s seventh asset-backed security (ABS) offering, bringing total assets securitized to approximately $5.1 billion and bonds issued to approximately $4.2 billion.
  • Vivek Kaushal, CEO of Global Jet Capital, stated, “We are very pleased with the results of our latest successful issuance.
  • This successful issuance is underpinned by the hard work and dedication of the Global Jet Capital team, and I am grateful for their contributions.”

Foghorn Therapeutics Strengthens Financial Leadership with Appointment of Kristian Humer as Chief Financial Officer

Retrieved on: 
Tuesday, April 16, 2024

Mr. Humer joins Foghorn with over 14 years of diversified financial strategy and business development experience in the life science industry and more than 20 years of experience in the financial industry.

Key Points: 
  • Mr. Humer joins Foghorn with over 14 years of diversified financial strategy and business development experience in the life science industry and more than 20 years of experience in the financial industry.
  • “Kristian is a seasoned executive with a breadth of capital markets expertise, established relationships within the financial community, and a deep understanding of the industry landscape,” said Adrian Gottschalk, President and Chief Executive Officer of Foghorn.
  • Kristian Humer, Chief Financial Officer of Foghorn, added, “Foghorn is a leader in chromatin biology and at the forefront of drug discovery in this novel – and significant – area.
  • Mr. Humer is a member of the board of Sensei Biotherapeutics, a public biotechnology company.

Brandywine Realty Trust Announces Tender Offer for Any and All of its Outstanding 4.10% Guaranteed Notes due 2024

Retrieved on: 
Monday, April 15, 2024

Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.

Key Points: 
  • Notes may also be validly withdrawn at any time after the 60th business day after commencement of the Tender Offer if for any reason the Tender Offer has not been consummated within 60-business days after commencement of the Tender Offer.
  • Holders are urged to read the Tender Offer Documents carefully before making any decision with respect to the Tender Offer.
  • The Operating Partnership is making the Tender Offer only by, and pursuant to the terms of, the Tender Offer Documents.
  • None of Brandywine Realty Trust, the Operating Partnership, the Dealer Managers, the Depositary or the Information Agent makes any recommendation in connection with the Tender Offer.

Marex Group plc Announces Launch of Initial Public Offering

Retrieved on: 
Monday, April 15, 2024

NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its ordinary shares.

Key Points: 
  • NEW YORK, April 15, 2024 (GLOBE NEWSWIRE) -- Marex Group plc (“Marex”), the diversified global financial services platform, today announces that it has launched the initial public offering (the “IPO”) of its ordinary shares.
  • In connection with the offering, the Selling Shareholders have granted the underwriters a 30-day option to purchase up to an additional 2,307,692 ordinary shares to cover over-allotments.
  • Citigroup, UBS Investment Bank, Piper Sandler and HSBC are acting as bookrunners for the proposed offering.
  • Drexel Hamilton and Loop Capital Markets are acting as co-managers for the proposed offering.

Vertical Aerospace makes leadership appointments

Retrieved on: 
Wednesday, May 1, 2024

Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, has made several leadership appointments as the company moves towards a pivotal phase of certifying its VX4 aircraft and commercialisation.

Key Points: 
  • Vertical Aerospace Ltd. (“Vertical” or the “Company”) (NYSE: EVTL; EVTLW), a global aerospace and technology company that is pioneering zero emission aviation, has made several leadership appointments as the company moves towards a pivotal phase of certifying its VX4 aircraft and commercialisation.
  • Stuart joined Vertical Aerospace in 2023 from Avast, a FTSE100 global leader in digital security and privacy, where he was Group CFO and a member of the leadership team that was responsible for the company’s $9 billion merger with NortonLifeLock in 2021.
  • Mike Flewitt, Chairman of Vertical, said: “Vertical is moving into a really exciting phase of its corporate evolution, and Stuart and Ben are both fantastic appointments to take the business through it.
  • Vertical's experienced leadership team comes from top tier automotive and aerospace companies such as Rolls-Royce, Airbus, Heathrow, GM and Leonardo.

Aramark Refreshments to Showcase Breakroom Innovation at The NAMA Show 2024

Retrieved on: 
Wednesday, May 1, 2024

The NAMA Show, the premier event for the convenience services industry, brings together all segments of the industry and provides a platform for networking, learning, and discovery.

Key Points: 
  • The NAMA Show, the premier event for the convenience services industry, brings together all segments of the industry and provides a platform for networking, learning, and discovery.
  • “At Aramark Refreshments, anticipatory hospitality is at the heart of everything that we do, and The NAMA Show provides a unique opportunity for us to share our approach to creating inspired break experiences that foster a sense of inclusivity and community,” said Pat Liebler, President and CEO of Aramark Refreshments.
  • To demonstrate how it has set out to fuel inspiration and innovation through reimagined break amenities, Aramark will introduce the Innovation Lounge Powered by Aramark Refreshments.
  • Pamela Raskin, Vice President of Customer Experience and Innovation for Aramark Refreshments, will moderate a panel titled Elevating Customer Experience: Employee Engagement Essentials that highlights how today’s employees are looking for convenience, connection, and engagement in the breakroom.

FINOS launches AI Readiness as the cornerstone effort of an industry-wide open-source AI initiative for Financial Services.

Retrieved on: 
Tuesday, April 30, 2024

The aim is to replicate the major impact the FINOS Open Source Readiness Program made in open source adoption in the industry.

Key Points: 
  • The aim is to replicate the major impact the FINOS Open Source Readiness Program made in open source adoption in the industry.
  • Additionally, Microsoft and Provectus, as new FINOS members are also participating in this effort.
  • The recent advances in AI - and more specifically generative AI - are poised to have a disruptive impact on the financial services industry and the customers it serves.
  • For example, many financial services organizations have mature processes for on-boarding technology which may not be well-suited to the particulars of generative AI technology.