XMS Capital Partners

Wings Capital Partners LLC Announces Aircraft Delivery to Air Serbia

Retrieved on: 
Monday, November 21, 2022

Wings Capital Partners LLC (Wings) recently completed the delivery of one Airbus A320-200 aircraft to Air Serbia (Joint Stock Company for Air Traffic Air Serbia, Belgrade).

Key Points: 
  • Wings Capital Partners LLC (Wings) recently completed the delivery of one Airbus A320-200 aircraft to Air Serbia (Joint Stock Company for Air Traffic Air Serbia, Belgrade).
  • Wings delivery of this A320 aircraft to Air Serbia commences our relationship with the airline, said Gerry Burke, Wings Vice President, Marketing.
  • After a detailed consideration of the market offers, we decided to strengthen our fleet with an A320 aircraft from Wings Capital Partners LLC.
  • Wings Capital Partners LLC (Wings) is a private, full-service aircraft leasing platform primarily investing in single-aisle, in-production commercial jet aircraft on lease to airlines around the world.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

Retrieved on: 
Tuesday, November 1, 2022

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution and Quarterly Preferred Shares Dividend

Retrieved on: 
Monday, October 3, 2022

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Shore Capital Partners and iTi Tropicals, Inc. Announce Partnership

Retrieved on: 
Wednesday, September 28, 2022

Shore Capital Partners (Shore or Shore Capital) is pleased to announce it has completed a partnership with iTi Tropicals, Inc. (iTi).

Key Points: 
  • Shore Capital Partners (Shore or Shore Capital) is pleased to announce it has completed a partnership with iTi Tropicals, Inc. (iTi).
  • We couldnt be more excited for our customers, suppliers, and employees as we enter this partnership with Shore Capital.
  • We believe the product suite, innovation expertise, and depth of resources Shore Capital has brought together with iTi and BevSource will allow us to bring even more value to our partners in the market, said van Manen.
  • View the full release here: https://www.businesswire.com/news/home/20220928005273/en/
    The next step is for iTi to join a new Shore Capital Innovation platform and form a strategic partnership with BevSource, an existing Shore portfolio company.

XAI Octagon Floating Rate & Alternative Income Term Trust Celebrates 5th Anniversary

Retrieved on: 
Tuesday, September 27, 2022

XA Investments (XAI), a Chicago-based alternative asset manager, celebrates the 5th anniversary of the XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) (XFLT or the Trust).

Key Points: 
  • XA Investments (XAI), a Chicago-based alternative asset manager, celebrates the 5th anniversary of the XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) (XFLT or the Trust).
  • The investment objective of the Trust is to seek attractive total returns with an emphasis on income generation across multiple stages of the credit cycle.
  • Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments.
  • Gretchen Lam, Senior Portfolio Manager at Octagon noted, We are delighted to commemorate XFLTs 5-year anniversary.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

Retrieved on: 
Thursday, September 1, 2022

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Headwall Partners, EA Markets, XMS Capital Partners, Odinbrook Global Advisors Serve as Financial Advisor to Unity Aluminum on Joint Venture Arrangement With Steel Dynamics

Retrieved on: 
Monday, August 22, 2022

Headwall, XMS Capital, EA Markets, and Odinbrook acted as financial advisor to Unity for this transaction.

Key Points: 
  • Headwall, XMS Capital, EA Markets, and Odinbrook acted as financial advisor to Unity for this transaction.
  • Steel Dynamics estimates the project will generate between $650 million and $700 million of annual EBITDA on a through-cycle basis.
  • Unity Aluminum will own approximately 6% of the rolling mill facility through the joint venture arrangement with Steel Dynamics, which will own approximately 94%.
  • Unity's employees will provide significant aluminum industry operating expertise to the project, complementing Steel Dynamics' proven extensive construction and operating talent.

XAI Octagon Floating Rate & Alternative Income Term Trust Will Host Q2 2022 Quarterly Webinar on August 18, 2022

Retrieved on: 
Tuesday, August 9, 2022

XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) (the Trust) today announced that it plans to host the Trusts Quarterly Webinar on August 18, 2022 at 11:00 am (Eastern Time).

Key Points: 
  • XAI Octagon Floating Rate & Alternative Income Term Trust (NYSE: XFLT) (the Trust) today announced that it plans to host the Trusts Quarterly Webinar on August 18, 2022 at 11:00 am (Eastern Time).
  • The investment objective of the Trust is to seek attractive total return with an emphasis on income generation across multiple stages of the credit cycle.
  • The Trust seeks to achieve its investment objective by investing in a dynamically managed portfolio of opportunities primarily within the private credit markets.
  • Under normal market conditions, the Trust will invest at least 80% of its Managed Assets in floating rate credit instruments and other structured credit investments.

XAI Octagon Floating Rate & Alternative Income Term Trust Declares its Monthly Common Shares Distribution of $0.073 per Share

Retrieved on: 
Monday, August 1, 2022

Shareholders should not assume that the source of a distribution from the Trust is net income or profit.

Key Points: 
  • Shareholders should not assume that the source of a distribution from the Trust is net income or profit.
  • The Trusts net investment income and capital gain can vary significantly over time; however, the Trust seeks to maintain more stable common share monthly distributions over time.
  • The Trusts final taxable income for the current fiscal year will not be known until the Trusts tax returns are filed.
  • The common share distributions paid by the Trust for any particular period may be more than the amount of net investment income from that period.

Phaidon International Agrees to Partner with Global Investor Consortium Led by Further Global

Retrieved on: 
Monday, July 18, 2022

Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.

Key Points: 
  • Harry Youtan, Chief Executive Officer commented, "Quilvest have been a fantastic partner for our business over the last four years.
  • Phaidon International operates a deliberate brand strategy that delivers talent to sectors including Financial Sciences, Supply Chain, Life Sciences, Engineering, Technology and Regulatory & Legal.
  • Olivier Sarkozy, Founder and Managing Partner of Further Global, added, "We really look forward to partnering with Harry and the Phaidon Team.
  • Further Global Partner, Max Baumrin added: "Phaidon has differentiated itself by understanding its client's needs and consistently delivering a quality product.