Bank of America

Rocky Brands, Inc. Announces Comprehensive Debt Refinancing

Retrieved on: 
Monday, April 29, 2024
Retail, Footwear, Fashion, ABL, Rocky, Security (finance), Rocky Brands, Bank of America, Retirement, Bank, Annual report

Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.

Key Points: 
  • Rocky Brands, Inc. (NASDAQ: RCKY), a leading designer, manufacturer and marketer of premium quality footwear and apparel, today announced the signing of a definitive debt refinance agreement with Bank of America, as agent.
  • In 2025, the combined transactions are expected to generate a combined annualized savings of approximately $4.4 million.
  • The combined transactions extend the Company’s debt maturities from March 2026 to April 2029.
  • All forward-looking statements made in this press release are based on information presently available to the management of the Company.

UMB Financial Corporation Announces Pricing of an Underwritten Offering of 2,800,000 Shares of Common Stock

Retrieved on: 
Monday, April 29, 2024
Banking, Professional Services, Finance, Bank of America, UMBF, Sale, Prospectus, RBC Capital Markets, UMB Financial Corporation, Vesey Street, Security (finance), Nicollet Mall, Form, Exercise, Varick Street, Morgan Stanley, 2nd Floor, Wellington Management Company, BofA Securities, S-3, UMB, Attention, Telephone

The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.

Key Points: 
  • The underwriters have been granted the option to purchase up to an additional 420,000 shares of UMB’s common stock.
  • Such borrowed shares of UMB’s common stock will be delivered by BofA Securities (in such capacity, the “forward seller”) for sale to the underwriters in the offering.
  • UMB will not receive any proceeds from the sale of the shares of its common stock sold by the forward seller to the underwriters.
  • The offering of these securities may be made only by means of a prospectus supplement and accompanying base prospectus relating to this offering.

Five Star Bancorp Announces the Hiring of San Francisco Bay Area Banking Professional and the Full Exercise and Closing of Underwriters’ Option to Purchase Additional Shares in the Company’s Underwritten Public Offering

Retrieved on: 
Wednesday, April 10, 2024
Sale, University, Prospectus, Investment, Star Bank, Economics, Security (finance), Silicon Valley Bank, Signature Bank, Bank of America, Wachovia, Form, Exercise, Senior, Flagstar Bank, California Street, Bank, Keefe, Bruyette & Woods, S-3, Five Star Bank, First Republic Bank, San Francisco Bay, Telephone, Growth, Wells Fargo

Grafeld will help advance Five Star Bank’s expansion strategy in the San Francisco Bay Area with personalized, concierge commercial banking service in Marin County.

Key Points: 
  • Grafeld will help advance Five Star Bank’s expansion strategy in the San Francisco Bay Area with personalized, concierge commercial banking service in Marin County.
  • “Casey Grafeld is an excellent addition to Five Star Bank’s San Francisco Bay Area team of highly experienced commercial banking professionals.
  • Adding Casey to our team exemplifies our commitment to expansion and client service in the San Francisco Bay Area,” said Five Star Bank San Francisco Bay Area Region President, DJ Kurtze.
  • I also am delighted to extend Five Star Bank’s Bay Area presence and personalized commercial banking services to Marin County, where I’ve lived for 25 years,” said Grafeld.

Sunrun Prices $230 million Senior Securitization of Residential Solar & Battery Systems

Retrieved on: 
Wednesday, April 10, 2024
Sale, Truist, National Grid, FICO, ARD, Bank, SAN, Bank of America, ABS

“Sunrun’s industry-leading performance as an originator and servicer of residential solar assets continues to provide deep access to attractively priced capital,” said Danny Abajian, Sunrun’s Chief Financial Officer.

Key Points: 
  • “Sunrun’s industry-leading performance as an originator and servicer of residential solar assets continues to provide deep access to attractively priced capital,” said Danny Abajian, Sunrun’s Chief Financial Officer.
  • The advance rate is 7 percentage points higher than the senior tranche in Sunrun’s prior securitization of more recently originated assets.
  • The notes are backed by a diversified portfolio of 27,094 solar rooftop systems distributed across 19 states and Washington D.C. and 65 utility service territories.
  • The portfolio is jointly owned by National Grid (NG) and Sunrun, with NG receiving the majority of cash flows through 2042.

Mettler-Toledo International Inc. Announces Webcast of Presentation at the BofA Securities 2024 Healthcare Conference

Retrieved on: 
Thursday, April 25, 2024
Machine Tools, Metalworking & Metallurgy, Engineering, Chemicals, Plastics, Manufacturing, Other Manufacturing, Machinery, Pacific Time Zone, Bank of America, Quality control, Mettler Toledo, Conference, MTD, Food, Eastern Time Zone, BofA Securities

Mettler-Toledo International Inc. (NYSE:MTD) today announced it will webcast its presentation at the BofA Securities 2024 Healthcare Conference on Wednesday, May 15, 2024, at 8:40am Pacific Time (11:40pm Eastern Time).

Key Points: 
  • Mettler-Toledo International Inc. (NYSE:MTD) today announced it will webcast its presentation at the BofA Securities 2024 Healthcare Conference on Wednesday, May 15, 2024, at 8:40am Pacific Time (11:40pm Eastern Time).
  • To listen to the live audio webcast of the call, visit Events and Presentations on the Investor section of the Company’s website, investor.mt.com .
  • METTLER TOLEDO (NYSE: MTD) is a leading global supplier of precision instruments and services.
  • We have strong leadership positions in all of our businesses and believe we hold global number-one market positions in most of them.

Revvity to Present at BofA Securities 2024 Health Care Conference

Retrieved on: 
Thursday, April 25, 2024
Biotechnology, Pharmaceutical, Health, Medical Devices, Bank of America, BofA Securities, Conference

Revvity, Inc. (NYSE: RVTY) will present at the BofA Securities 2024 Health Care Conference on Tuesday, May 14, 2024 at 8:40 a.m. PT in Las Vegas, NV.

Key Points: 
  • Revvity, Inc. (NYSE: RVTY) will present at the BofA Securities 2024 Health Care Conference on Tuesday, May 14, 2024 at 8:40 a.m. PT in Las Vegas, NV.
  • Senior Vice President and Chief Financial Officer Max Krakowiak will provide an update on the Company and its strategic priorities.
  • A live audio webcast will be available on the Events section of the Company’s website at www.revvity.com .
  • A replay of the presentation will be posted on the Revvity Investor Relations website after the event and will be available for at least 30 days.

BlackRock Activates Retirement Solution Offering A Paycheck For Life

Retrieved on: 
Wednesday, April 24, 2024
Professional Services, Consumer, Seniors, Finance, Asset Management, Banking, Bright House, Adventism, Voya Financial, Retirement, Risk, Hospital, BLK, Bank of America, Equitable, Brighthouse Financial, Bank, Fidelity Investments, CFA, Quality of life, AGR, Investment, Pension fund

BlackRock (NYSE: BLK) announced today that its retirement income solution, LifePath Paycheck™, is now available in defined contribution plans.

Key Points: 
  • BlackRock (NYSE: BLK) announced today that its retirement income solution, LifePath Paycheck™, is now available in defined contribution plans.
  • The LifePath Paycheck solution takes a new approach to retirement income by providing access to guaranteed income through a target date fund, an investment strategy that automatically adjusts to a targeted retirement year.
  • To help educate plan participants, BlackRock developed MyLifePath™, a digital experience that shows how today's contributions can translate into income in retirement.
  • The launch of LifePath Paycheck is an important step toward addressing the retirement challenges that America faces, and we are pleased to work with BlackRock on this solution.”

Compass Group Reinforces Commitment to Reduce Food Waste on 8th Annual Stop Food Waste Day

Retrieved on: 
Wednesday, April 24, 2024
Environment, Environmental Issues, Professional Services, Sustainability, Restaurant, Bar, Food, Beverage, Agriculture, Environmental, Social and Governance (ESG), Retail, Natural Resources, Carbon, Compass, Methane, School, Compost, Soil, Edible, Corporation, Bread pudding, 1 Wall Street, Wolfgang Puck, Hunger, Morrison Management Specialists, Plant, Waste, Collection, Taste, Mount Sinai Health System, TIAA, Bank, Challenge, Multimedia, Compass Group, Student, Vegetable, Teaching, Food Tank, Broccoli slaw, Farmer, Bank of America, Carnegie Mellon University, Patient, Caregiver, Movement, Coffee, Tourism

View the full release here: https://www.businesswire.com/news/home/20240424530831/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20240424530831/en/
    “Stop Food Waste Day celebrates our commitment to reducing food waste across our operations and empowering not only our own teams, but entire communities to join us in this mission,” said Amy Keister, Global Director of Sustainability, Compass Group.
  • As part of this Stop Food Waste Day celebration, Compass Group and Food Tank will convene organizations including NY Common Pantry, Restaurant Associates, LES Ecology Center, Acre, the Green Bronx Machine, ReFed, and Wheyward Spirits.
  • The teams at Eurest are celebrating Stop Food Waste Day in a variety of creative ways at corporations across the US.
  • Corporate cafés throughout the northeast will feature creative and delicious Stop Food Waste Day recipes made by Restaurant Associates chefs.

Ventas Closes Extended and Improved $2.75 Billion Unsecured Credit Facility

Retrieved on: 
Wednesday, April 24, 2024
Construction & Property, Professional Services, REIT, Finance, Chase Bank, VTR, JPMorgan Chase, Bank of America, Growth, Bank, Line of credit, BofA Securities, Wells Fargo, Credit

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it closed an extended and improved $2.75 billion unsecured revolving credit facility (the “Credit Facility”).

Key Points: 
  • Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) today announced that it closed an extended and improved $2.75 billion unsecured revolving credit facility (the “Credit Facility”).
  • The maturity date of the Credit Facility was extended to April 2028 and pricing was improved by five basis points compared to Ventas’s previous unsecured revolving credit facility.
  • “The successful closing of our credit facility further strengthens our liquidity, extends our debt maturities and lowers our borrowing costs,” said Robert F. Probst, Ventas Executive Vice President and Chief Financial Officer.
  • The Credit Facility also includes a $1 billion “accordion feature” that permits the Company to expand its borrowing capacity to a total of $3.75 billion.

Caldera Law Doubles Its Headcount

Retrieved on: 
Tuesday, April 16, 2024
Law Enforcement, Emergency Services, Public Policy, Government, Real estate, Law, Standard Hotels, JPMorgan Chase, IP, Wells Fargo, Sport, Innovation, Bank of America, Growth, Restaurant, Public policy, Bank, Carnival Cruise Line, Organization, Samsung, Private investigator

Caldera Law has welcomed six new attorneys to the team, doubling in headcount as the boutique firm continues to expand its footprint.

Key Points: 
  • Caldera Law has welcomed six new attorneys to the team, doubling in headcount as the boutique firm continues to expand its footprint.
  • The firm has also added Technology & Innovation and Sports & Entertainment practice areas on the heels of expanding client opportunities.
  • Moreira’s deep experience has established Caldera Law as a vetted law firm provider in Amazon's IP Accelerator program.
  • Caldera Law is located in the emerging Little River neighborhood of Miami, which has been reinvigorated by new arts organizations, restaurants, small businesses, and other entrepreneurial activity.