Crédit Agricole

Cadeler A/S and Eneti Inc. Announce Extension of Share Exchange Offer for all Outstanding Shares of Common Stock of Eneti Inc. to December 14, 2023 & New Loan Facility

Retrieved on: 
Friday, December 8, 2023

In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the “Prospectus/Offer to Exchange”) to reduce the minimum tender condition for the Share Exchange Offer from 85.01% to 70%.

Key Points: 
  • In addition, Cadeler has determined pursuant to the terms of the Share Exchange Offer as set forth in the Prospectus/Offer to Exchange, dated November 7, 2023 (the “Prospectus/Offer to Exchange”) to reduce the minimum tender condition for the Share Exchange Offer from 85.01% to 70%.
  • Holders that have previously tendered their shares do not need to re-tender their shares or take any other action in response to the extension of the Share Exchange Offer.
  • Assuming that the conditions to the Share Exchange Offer are satisfied or waived, Cadeler expects that settlement will be completed on or about December 19, 2023.
  • The following indicative timetable is subject to Cadeler’s right to extend, re-open, amend, limit, terminate or withdraw the Share Exchange Offer, subject to applicable law.

Home and Small Business Security System Market Report - Professionally Monitored Alarm Systems in Europe and North America Reached 53 million in 2022 - ResearchAndMarkets.com

Retrieved on: 
Monday, December 11, 2023

Cellular connectivity is rapidly becoming a standard feature in security alarm systems for the consumer and small business markets.

Key Points: 
  • Cellular connectivity is rapidly becoming a standard feature in security alarm systems for the consumer and small business markets.
  • Learn about the business opportunities associated with wireless IoT solutions for the alarm system industry in this 110-page report covering both Europe and North America.
  • The North American market for home and small business security systems is almost twice the size of the European market.
  • There were an estimated 34.8 million active monitored alarm systems in the US and Canada at the end of 2022.

Middle Office Outsourcing Market to grow by USD 3.67 billion between 2023 - 2028, Growth Driven by Need for new technologies and budget constraints - Technavio

Retrieved on: 
Friday, December 8, 2023

NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The Middle Office Outsourcing Market report has been added to Technavio offering.

Key Points: 
  • NEW YORK, Dec. 8, 2023 /PRNewswire/ -- The Middle Office Outsourcing Market report has been added to Technavio offering.
  • The potential growth difference for the middle office outsourcing market between 2023 and 2028 is USD 3.67 billion.
  • The need for new technologies and budget constraints are driving the middle office outsourcing market growth.
  • Therefore, asset managers need to follow a systematic approach to implement middle office outsourcing models, which can hinder market growth during the forecast period.

Trading Technologies taps three experienced capital markets business leaders for new senior management roles, effective Jan. 1

Retrieved on: 
Monday, December 4, 2023

CHICAGO, Dec. 4, 2023  /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that the firm has appointed three industry leaders – each with decades of relevant experience – to key new posts on its leadership team. Joining on Jan. 1, 2024 will be Justin Llewellyn-Jones as Chief Operating Officer (COO), Christopher Heffernan as EVP Fixed Income and Alun Green as EVP Futures & Options.

Key Points: 
  • As COO, Llewellyn-Jones will lead all of the firm's market-facing business to drive its multi-asset growth, in collaboration with the heads of each business line.
  • Heffernan will focus on building TT's global fixed income business, while Green will focus on expanding the company's core futures and options franchise.
  • Heffernan has over two decades of fixed income experience in sales and trading, business development, and leadership roles.
  • Over the last decade, he helped build two fixed income trading businesses, with focuses on electronic and algorithmic trading, exchange-traded funds (ETFs) and portfolio trading.

Trading Technologies taps three experienced capital markets business leaders for new senior management roles, effective Jan. 1

Retrieved on: 
Monday, December 4, 2023

CHICAGO, Dec. 4, 2023 /PRNewswire/ -- Trading Technologies International, Inc. (TT), a global capital markets technology platform provider, announced today that the firm has appointed three industry leaders – each with decades of relevant experience – to key new posts on its leadership team. Joining on Jan. 1, 2024 will be Justin Llewellyn-Jones as Chief Operating Officer (COO), Christopher Heffernan as EVP Fixed Income and Alun Green as EVP Futures & Options.

Key Points: 
  • As COO, Llewellyn-Jones will lead all of the firm's market-facing business to drive its multi-asset growth, in collaboration with the heads of each business line.
  • Heffernan will focus on building TT's global fixed income business, while Green will focus on expanding the company's core futures and options franchise.
  • Heffernan has over two decades of fixed income experience in sales and trading, business development, and leadership roles.
  • Over the last decade, he helped build two fixed income trading businesses, with focuses on electronic and algorithmic trading, exchange-traded funds (ETFs) and portfolio trading.

Havfram signs Green ECA Term Loan Facility to fully finance newbuilding programme

Retrieved on: 
Tuesday, November 21, 2023

OSLO, Norway, Nov. 21, 2023 /PRNewswire/ -- Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles.

Key Points: 
  • OSLO, Norway, Nov. 21, 2023 /PRNewswire/ -- Today, Havfram has signed a Senior Secured Green ECA Term Loan Facility (the "Facility") to fund its two Wind Turbine Installation Vessels ("WTIVs"), currently under construction at CIMC Raffles.
  • The Facility was entered into with a syndicate led by DNB Bank ASA (Coordinator, Bookrunner, Green Loan Advisor and Agent) with SpareBank 1 SR-Bank ASA, Credit Agricole, Sparebanken Vest and Rabobank as Mandated Lead Arrangers and with Export Finance Norway as ECA lender.
  • The Facility is also partly supported by an insurance provided by Atradius Dutch State Business N.V, the ECA of The Netherlands.
  • This facility is a shining example to this collaboration, and supports our work to harvest clean energy from offshore wind."

Cash management system market size to grow by USD 11.91 billion from 2023 to 2028, Growth driven by demand for real-time tracking of cash movement- Technavio

Retrieved on: 
Monday, October 30, 2023

The potential growth difference for the cash management system market between 2023 and 2028 is USD 11.91 billion.

Key Points: 
  • The potential growth difference for the cash management system market between 2023 and 2028 is USD 11.91 billion.
  • Get deeper insights into the market size, current market scenario, future growth opportunities, major growth driving factors, the latest trends, and much more.
  • Buy the full report here
    Demand for real-time tracking of cash movement is notably driving the market growth.
  • Cash management systems deliver real-time visibility into cash flows, helping organizations make timely decisions and respond to changing financial conditions.

Stifel Bolsters Emerging Markets Group With New Hires

Retrieved on: 
Thursday, October 5, 2023

The Emerging Markets Group is responsible for trading, analysis, and distribution of global emerging market securities for the firm’s institutional fixed income clients.

Key Points: 
  • The Emerging Markets Group is responsible for trading, analysis, and distribution of global emerging market securities for the firm’s institutional fixed income clients.
  • “Stifel’s experienced sales team is an anchor for the high-touch service that our clients have become accustomed,” said David Rubulotta, Deputy Co-Head of Fixed Income Capital Markets at Stifel.
  • “This is an exceptional opportunity for us to bring on sales professionals with a strong track record of success and who have a deep understanding of the emerging markets space and the specific needs of institutional investors,” added Daniel Gardella, Head of Emerging Markets at Stifel.
  • Stifel Bank and Stifel Bank & Trust offer a full range of consumer and commercial lending solutions.

Product Development Trailblazer Trinetix Secures $10 Million Investment to Drive Rapid Expansion into the Latam Market

Retrieved on: 
Wednesday, October 4, 2023

NASHVILLE, Tenn. , Oct. 4, 2023 /PRNewswire/ -- Trinetix, a leading product development company that drives transformative innovation for multi-billion dollar enterprises, announced today it has secured $10 million in funding from the investment fund Hypra. This strategic funding will enable Trinitex to complete its dynamic expansion into Latin America to enhance operations for its North American customers and grow its presence in the Latam market.

Key Points: 
  • This strategic funding will enable Trinitex to complete its dynamic expansion into Latin America to enhance operations for its North American customers and grow its presence in the Latam market.
  • The funding will enable Trinetix to open an office in Latin America, which will facilitate new strategic partnerships and potential acquisitions, strengthening Trinetix's presence in the market.
  • "With 12 years of market experience, Trinetix has built a diverse list of industry-leading clients.
  • Therefore, entering into the LatAm market will allow us to further diversify the team of global tech talent and better cater to our clients' needs.

Product Development Trailblazer Trinetix Secures $10 Million Investment to Drive Rapid Expansion into the Latam Market

Retrieved on: 
Wednesday, October 4, 2023

NASHVILLE, Tenn., Oct. 4, 2023 /PRNewswire/ -- Trinetix, a leading product development company that drives transformative innovation for multi-billion dollar enterprises, announced today it has secured $10 million in funding from the investment fund Hypra. This strategic funding will enable Trinitex to complete its dynamic expansion into Latin America to enhance operations for its North American customers and grow its presence in the Latam market.

Key Points: 
  • This strategic funding will enable Trinitex to complete its dynamic expansion into Latin America to enhance operations for its North American customers and grow its presence in the Latam market.
  • The funding will enable Trinetix to open an office in Latin America, which will facilitate new strategic partnerships and potential acquisitions, strengthening Trinetix's presence in the market.
  • "With 12 years of market experience, Trinetix has built a diverse list of industry-leading clients.
  • Therefore, entering into the LatAm market will allow us to further diversify the team of global tech talent and better cater to our clients' needs.