Guarantee

Primeline Receives Notice of Enforcement of Guarantee

Retrieved on: 
Thursday, May 2, 2024

HONG KONG, May 02, 2024 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”) announces that it has received notice of enforcement of its guarantee of the indebtedness of its subsidiaries, Primeline Energy China Limited (“PECL”) and Primeline Petroleum Corporation (“PPC”) from the syndicate of banks (the “Syndicate”) which provided the loan facility for finance of Primeline’s share of the development cost of the LS 36-1 gas field to PECL and PPC. As previously announced and as the Syndicate is aware, Primeline has no source of revenue or assets with which to repay the loan and meet its obligations under the Guarantee, in that production at LS 36-1 has been shut down. Primeline will therefore not oppose any enforcement proceedings. It is Primeline’s understanding that the Syndicate will be making application to the relevant courts to liquidate Primeline, PECL and PPC in due course.

Key Points: 
  • HONG KONG, May 02, 2024 (GLOBE NEWSWIRE) -- Primeline Energy Holdings Inc. (“Primeline” or the “Company”) announces that it has received notice of enforcement of its guarantee of the indebtedness of its subsidiaries, Primeline Energy China Limited (“PECL”) and Primeline Petroleum Corporation (“PPC”) from the syndicate of banks (the “Syndicate”) which provided the loan facility for finance of Primeline’s share of the development cost of the LS 36-1 gas field to PECL and PPC.
  • Primeline will therefore not oppose any enforcement proceedings.
  • It is Primeline’s understanding that the Syndicate will be making application to the relevant courts to liquidate Primeline, PECL and PPC in due course.
  • ON BEHALF OF PRIMELINE ENERGY HOLDINGS INC.

Moody’s Upgrades Assured Guaranty Corp.’s Rating and Affirms Assured Guaranty Municipal’s Rating

Retrieved on: 
Wednesday, May 1, 2024

Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced that Moody’s Investors Service (Moody’s) upgraded to A1 from A2 the insurance financial strength (IFS) rating of Assured Guaranty Corp. (AGC).

Key Points: 
  • Assured Guaranty Ltd. (NYSE:AGO) (together with its subsidiaries, Assured Guaranty) announced that Moody’s Investors Service (Moody’s) upgraded to A1 from A2 the insurance financial strength (IFS) rating of Assured Guaranty Corp. (AGC).
  • Moody’s affirmed the A1 ratings of Assured Guaranty Municipal Corp. (AGM) and its subsidiary Assured Guaranty UK Limited (AGUK).
  • Assured Guaranty continues to offer a uniquely beneficial value proposition to both issuers and fixed income investors.”
    Additionally, Moody’s affirmed the Baa1 long-term issuer rating of Assured Guaranty Ltd.
  • It also affirmed the senior (Baa1) and junior subordinated (Baa2) debt ratings of Assured Guaranty US Holdings Inc. and Assured Guaranty Municipal Holdings Inc.

HomeServices Announces the Sale and Merger of Guarantee Real Estate With Realty Concepts

Retrieved on: 
Tuesday, April 16, 2024

HomeServices of America today announced the strategic sale and merger of its subsidiary, Guarantee Real Estate, with Fresno-based Realty Concepts.

Key Points: 
  • HomeServices of America today announced the strategic sale and merger of its subsidiary, Guarantee Real Estate, with Fresno-based Realty Concepts.
  • This merger signifies a major transformation in the local real estate market, creating the largest real estate brokerage in Fresno and the surrounding areas by combining the strengths of two industry leaders.
  • Desrie van Putten, President of Guarantee Real Estate, expressed her sentiments on the merger: “Since Guarantee Savings first opened its doors in 1919, the Guarantee name has been integral to promoting homeownership in the Central Valley.
  • I extend my best wishes for their continued success with Realty Concepts.”
    J.P. Shamshoian, CEO of Realty Concepts, also shared his perspective on the union: “We are honored to continue the great legacy of Guarantee Real Estate at Realty Concepts.

Marc Livolsi to Lead Assured Guaranty’s Public Finance New Issue Marketing and Business Development

Retrieved on: 
Monday, March 18, 2024

Assured Guaranty Municipal Corp. (AGM)* and Assured Guaranty Corp. (AGC)* announced today that Marc Livolsi, Managing Director, will assume leadership of Assured Guaranty’s U.S. Public Finance New Issue Marketing and Business Development, and Evan Boulukos, Managing Director, will lead Assured Guaranty’s Secondary Markets desk.

Key Points: 
  • Assured Guaranty Municipal Corp. (AGM)* and Assured Guaranty Corp. (AGC)* announced today that Marc Livolsi, Managing Director, will assume leadership of Assured Guaranty’s U.S. Public Finance New Issue Marketing and Business Development, and Evan Boulukos, Managing Director, will lead Assured Guaranty’s Secondary Markets desk.
  • In the relatively short time they have worked at Assured Guaranty, they have already contributed to our growth.
  • In his new role, Mr. Livolsi will focus primarily on maintaining and expanding relationships with public finance professionals on sales and trading desks and executing new business originations across all public finance sectors, in addition to supporting Assured Guaranty’s investor outreach.
  • About Ms. Litten, Mr. Livolsi said, “We are delighted to have Paige join our Public Finance team.

KEEN Launches Last Hiking Boot You'll Buy

Retrieved on: 
Thursday, April 4, 2024

PORTLAND, Ore., April 4, 2024 /PRNewswire/ -- In a world where planned obsolescence is rampant, KEEN is excited to introduce the Targhee IV—a boot made to be the last hiking shoe you buy, thanks to KEEN's industry-first Delamination-Free Lifetime Guarantee. With this latest innovation, KEEN continues to take pride as shoemakers with a purpose to Consciously Create footwear that lasts.

Key Points: 
  • PORTLAND, Ore., April 4, 2024 /PRNewswire/ -- In a world where planned obsolescence is rampant, KEEN is excited to introduce the Targhee IV—a boot made to be the last hiking shoe you buy, thanks to KEEN's industry-first Delamination-Free Lifetime Guarantee.
  • With this latest innovation, KEEN continues to take pride as shoemakers with a purpose to Consciously Create footwear that lasts.
  • KEEN developed KEEN.FUSION to create a mechanical bond stronger than glue by using heat and pressure to fuse the sole and upper of the boot together into one piece.
  • KEEN is so confident in its KEEN.FUSION construction method that it's introducing a first-of-its-kind guarantee, promising shoe bonds that won't break.

KEEN Launches Last Hiking Boot You'll Buy

Retrieved on: 
Thursday, April 4, 2024

PORTLAND, Ore., April 4, 2024 /CNW/ - In a world where planned obsolescence is rampant, KEEN is excited to introduce the Targhee IV—a boot made to be the last hiking shoe you buy, thanks to KEEN's industry-first Delamination-Free Lifetime Guarantee.

Key Points: 
  • PORTLAND, Ore., April 4, 2024 /CNW/ - In a world where planned obsolescence is rampant, KEEN is excited to introduce the Targhee IV—a boot made to be the last hiking shoe you buy, thanks to KEEN's industry-first Delamination-Free Lifetime Guarantee.
  • With this latest innovation, KEEN continues to take pride as shoemakers with a purpose to Consciously Create footwear that lasts.
  • KEEN developed KEEN.FUSION to create a mechanical bond stronger than glue by using heat and pressure to fuse the sole and upper of the boot together into one piece.
  • KEEN is so confident in its KEEN.FUSION construction method that it's introducing a first-of-its-kind guarantee, promising shoe bonds that won't break.

Ventas Prices Cdn$650 Million of 5.10% Senior Notes Due 2029

Retrieved on: 
Thursday, February 29, 2024

Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that it has priced a private offering in Canada of Cdn$650 million of 5.10% Senior Notes, Series J due 2029 (the “Notes”).

Key Points: 
  • Ventas, Inc. (NYSE: VTR) (“Ventas” or the “Company”) said today that it has priced a private offering in Canada of Cdn$650 million of 5.10% Senior Notes, Series J due 2029 (the “Notes”).
  • The sale of the Notes is expected to close on March 5, 2024, subject to satisfaction of customary closing conditions.
  • The Notes will constitute senior unsecured obligations of the Issuer and will rank equally with all other present and future unsecured and unsubordinated obligations of the Issuer.
  • The Ventas portfolio is composed of senior housing communities, outpatient medical buildings, research centers and healthcare facilities in North America and the United Kingdom.

Mark Batten Joins Assured Guaranty’s Board of Directors

Retrieved on: 
Tuesday, February 20, 2024

Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Mark C. Batten has been appointed as a non-executive director to Assured Guaranty’s Board of Directors (Board).

Key Points: 
  • Assured Guaranty Ltd. (NYSE:AGO) (Assured Guaranty) announced that Mark C. Batten has been appointed as a non-executive director to Assured Guaranty’s Board of Directors (Board).
  • Mr. Batten will also continue to serve as the non-executive Chair of the board of directors of Assured Guaranty (UK) Limited (AGUK), Assured Guaranty’s U.K. insurance subsidiary.
  • “Mark Batten’s impressive professional background, along with his direct experience as a board member of AGUK, makes him an ideal addition to Assured Guaranty’s Board.
  • He brings a wealth of relevant experience to our Board,” added Dominic Frederico, President and CEO of Assured Guaranty.

Improve Operations and Service Delivery with Appian Case Management Studio

Retrieved on: 
Wednesday, March 6, 2024

LONDON, March 6, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced immediate availability of Appian Case Management Studio, an AI-powered modular case management designer with which users can quickly configure case management applications for their business operations. Case Management Studio helps line of business teams connect case data, systems, and teams to optimise common case management workflows, such as internal operations, customer service management, employee onboarding, regulatory compliance, and more.

Key Points: 
  • AI-powered case management empowers organisations to easily orchestrate workflows, drive efficiency, and ensure compliance across their operations
    LONDON, March 6, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced immediate availability of Appian Case Management Studio , an AI-powered modular case management designer with which users can quickly configure case management applications for their business operations.
  • Case Management Studio helps line of business teams connect case data, systems, and teams to optimise common case management workflows, such as internal operations, customer service management, employee onboarding, regulatory compliance, and more.
  • Appian Case Management Studio offers intuitive tools for rapidly building custom case management applications on the Appian Platform .
  • The Appian Guarantee for Case Management Studio is a unique service that leverages our decades of experience building case management solutions.

Improve Operations and Service Delivery with Appian Case Management Studio

Retrieved on: 
Tuesday, March 5, 2024

MCLEAN, Va., March 5, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced immediate availability of Appian Case Management Studio, an AI-powered modular case management designer with which users can quickly configure case management applications for their business operations. Case Management Studio helps line of business teams connect case data, systems, and teams to optimize common case management workflows, such as internal operations, customer service management, employee onboarding, regulatory compliance, and more.

Key Points: 
  • AI-powered case management empowers organizations to easily orchestrate workflows, drive efficiency, and ensure compliance across their operations
    MCLEAN, Va., March 5, 2024 /PRNewswire/ -- Appian (Nasdaq: APPN) announced immediate availability of Appian Case Management Studio , an AI-powered modular case management designer with which users can quickly configure case management applications for their business operations.
  • Case Management Studio helps line of business teams connect case data, systems, and teams to optimize common case management workflows, such as internal operations, customer service management, employee onboarding, regulatory compliance, and more.
  • Appian announces the availability of Appian Case Management Studio, an AI-powered modular case management designer.
  • Appian Case Management Studio offers intuitive tools for rapidly building custom case management applications on the Appian Platform .