Total return swap

Hexagon Composites ASA: Total Return Swap agreement extended

Retrieved on: 
Friday, March 15, 2024
TRS, ESG, Stock exchange, Total return swap

https://news.cision.com/hexagon-composites-asa/r/hexagon-composites-asa-...

Key Points: 
  • OSLO, Norway , March 15, 2024 /PRNewswire/ -- Hexagon Composites refers to the Stock Exchange announcement from 29 June 2023 where a Total Return Swap ("TRS") agreement with the Company's Nordic banking partners was described.
  • The TRS agreement has been extended to 31 March 2025 at the same terms and conditions.
  • Hexagon Composites' financial exposure in Hexagon Purus remains unchanged at 120,101,133 shares, equivalent to 43% of total shares while the ownership and voting rights are equal to approximately 38%.
  • Ingrid Aarsnes, VP Investor Relations & ESG, Hexagon Composites ASA

EQS-News: Schaeffler acquires additional stake of 9 percent in Vitesco

Retrieved on: 
Tuesday, January 30, 2024
European, Federal republic, Person, Invention, DPMA, Knowledge, German, Total return, Bank of America, Acquisition, Total return swap, Schaeffler Group, Patent

Stake previously held by BofA Securities Europe S.A. as part of a Total Return Swap agreement with Schaeffler

Key Points: 
  • Stake previously held by BofA Securities Europe S.A. as part of a Total Return Swap agreement with Schaeffler
    Herzogenaurach | January 23, 2024 | Schaeffler AG (“Schaeffler”) has entered into an agreement with BofA Securities Europe S.A. to acquire a stake of 3.6 million shares in Vitesco Technologies Group AG (“Vitesco”).
  • The price of the additional shares acquired is lower than the consideration paid by Schaeffler in the tender offer.
  • IHO, the strategic management holding of the Schaeffler family, continues to hold approximately 49.94 percent of the shares in Vitesco.
  • Together with the IHO Holding, Schaeffler now holds approximately 88.81 percent of the share capital and voting rights in Vitesco.

EQS-News: Schaeffler AG has secured 29.88 percent of Vitesco Technologies Group AG with its public tender offer

Retrieved on: 
Wednesday, December 20, 2023
Person, MDAX, Extraordinary general meeting, Invention, Total return swap, Patent, Physikalisch-Technische Bundesanstalt, Knowledge, German, Mass meeting, European, Annual general meeting, DPMA, CFOS, CHRO-TV, 2013 German federal election, Federal republic, Security (finance), Cryptocurrency, Property management, Vitesco Technologies, Herzogenaurach, Schaeffler Group

Completion of tender offer and payment of consideration on January 5, 2024

Key Points: 
  • Completion of tender offer and payment of consideration on January 5, 2024
    Extraordinary General Meeting and separate meeting of non-voting common shareholders on February 2, 2024, as next step
    Herzogenaurach | December 20, 2023 | Schaeffler AG (“Schaeffler”) has announced the final result of the voluntary public tender offer (“tender offer”) for all outstanding shares of Vitesco Technologies Group AG (“Vitesco”).
  • Klaus Rosenfeld, CEO of Schaeffler AG, said: “We are very pleased with the result of the tender offer.
  • From January 5, 2024, Schaeffler AG will hold a stake of around 30 percent in Vitesco Technologies Group AG.
  • This publication is for information purposes only regarding the voluntary public tender offer (the “Offer”) of Schaeffler AG (“Schaeffler”) for all shares of Vitesco Technologies Group AG (“Vitesco” or the “Company”) and does not constitute a solicitation to sell or an offer to buy any of the securities of Vitesco.

First Trust Energy Infrastructure Fund Issues Notice Regarding December 2023 Distribution

Retrieved on: 
Friday, December 15, 2023
Professional Services, Finance, Hamas, Terrorism, FTA, MLP, Fund, Notice, Master limited partnership, Risk, Investment, Federal, Internal Revenue Code, Total return swap, Calendar, Uncertainty, AIB (NI), EIP, Hedge fund, COVID-19, FTP, FINRA, London Interbank Bid Rate, Judgement, Infection, ERISA, Federal Reserve, LIBOR, Net asset value, Life insurance, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding November 2023 Distribution

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Finance, Janus, Terrorism, FTA, Janus Henderson, NYSE, Social change, NAV, Fund, Central bank, Notice, Indian stock exchange, Investment, Risk, Federal, Fraud, Internal Revenue Code, REIT, European, Total return swap, Calendar, Uncertainty, AIB (NI), City, COVID-19, European Central Bank, FTP, FINRA, Judgement, Infection, ERISA, Federal Reserve, Real estate investment trust, Net asset value, Economic development, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance), Euro

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Energy Infrastructure Fund Issues Notice Regarding November 2023 Distribution

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Finance, Terrorism, FTA, MLP, Fund, Notice, Master limited partnership, Risk, Investment, Federal, Internal Revenue Code, Total return swap, Calendar, Uncertainty, AIB (NI), EIP, Hedge fund, COVID-19, FTP, FINRA, London Interbank Bid Rate, Judgement, Infection, ERISA, Federal Reserve, LIBOR, Net asset value, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Energy Infrastructure Fund Issues Notice Regarding October 2023 Distribution

Retrieved on: 
Monday, October 16, 2023
Professional Services, Finance, Terrorism, Judgement, Investment, COVID-19, Net asset value, Federal, Calendar, MLP, Master limited partnership, AIB (NI), FTP, Risk, London Interbank Bid Rate, Infection, FTA, Notice, Hedge fund, Internal Revenue Code, Fund, EIP, FINRA, ERISA, Uncertainty, Internal Revenue Code section 1031, Federal Reserve, LIBOR, Total return swap, Life insurance, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Enhanced Equity Income Fund Issues Notice Regarding September 2023 Distribution

Retrieved on: 
Friday, September 29, 2023
Professional Services, Finance, AIB (NI), Uncertainty, Total return swap, ERISA, Federal, Net asset value, COVID-19, Calendar, Infection, Risk, Terrorism, Movement, Judgement, Internal Revenue Code, FTP, Federal Reserve, Notice, Investment, Internal Revenue Code section 409A, FINRA, Chartwell, Fund, FTA, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance)

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.

First Trust Energy Infrastructure Fund Issues Notice Regarding September 2023 Distribution

Retrieved on: 
Friday, September 15, 2023
Consulting, Professional Services, Finance, Master limited partnership, AIB (NI), Uncertainty, Total return swap, ERISA, EIP, Investment, Federal, MLP, Net asset value, LIBOR, COVID-19, Calendar, Infection, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Hedge fund, Federal Reserve, London Interbank Bid Rate, Notice, Internal Revenue Code section 1031, FINRA, Fund, FTA, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance)

A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."

Key Points: 
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The amounts and sources of distributions reported in this Notice are only estimates and are not being provided for tax reporting purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.
  • FTP is also a distributor of mutual fund shares and exchange-traded fund creation units.

First Trust Dynamic Europe Equity Income Fund Issues Notice Regarding September 2023 Distribution

Retrieved on: 
Friday, September 15, 2023
Professional Services, Finance, Janus, AIB (NI), Uncertainty, European Central Bank, Total return swap, ERISA, Investment, Federal, Net asset value, REIT, COVID-19, Calendar, Infection, NAV, Central bank, Risk, Terrorism, Judgement, Internal Revenue Code, FTP, Real estate investment trust, US, Federal Reserve, Notice, Internal Revenue Code section 409A, Social change, Indian stock exchange, European, FINRA, Economic development, City, Fraud, Janus Henderson, Fund, NYSE, FTA, Life insurance, Cryptocurrency, Financial adviser, Bank, Security (finance), EU, Euro

(2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.

Key Points: 
  • (2) The Fund estimates that it has distributed more than its income and net realized capital gains; therefore, a portion of your distribution may be a return of capital.
  • A return of capital distribution does not necessarily reflect the Fund's investment performance and should not be confused with "yield" or "income."
  • The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes.
  • First Trust Advisors L.P. ("FTA") is a federally registered investment advisor and serves as the Fund's investment advisor.