Designated activity company

T-Mobile Agrees to Sell €2.0 Billion of Euro-Denominated Senior Notes

Retrieved on: 
Tuesday, April 30, 2024

T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €600,000,000 aggregate principal amount of its 3.550% Senior Notes due 2029 (the “2029 Notes”), €750,000,000 aggregate principal amount of its 3.700% Senior Notes due 2032 (the “2032 Notes”) and €650,000,000 aggregate principal amount of its 3.850% Senior Notes due 2036 (the “2036 Notes,” and collectively with the 2029 Notes and the 2032 Notes, the “notes”) in a registered public offering.

Key Points: 
  • T-Mobile US, Inc. (NASDAQ: TMUS) (“T-Mobile”) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary (“T-Mobile USA” or the “Issuer”), has agreed to sell €600,000,000 aggregate principal amount of its 3.550% Senior Notes due 2029 (the “2029 Notes”), €750,000,000 aggregate principal amount of its 3.700% Senior Notes due 2032 (the “2032 Notes”) and €650,000,000 aggregate principal amount of its 3.850% Senior Notes due 2036 (the “2036 Notes,” and collectively with the 2029 Notes and the 2032 Notes, the “notes”) in a registered public offering.
  • The offering of the notes is scheduled to close on May 8, 2024, subject to satisfaction of customary closing conditions.
  • ING Bank N.V., Belgian Branch, NatWest Markets Plc, PNC Capital Markets LLC and Scotiabank (Ireland) Designated Activity Company are acting as co-managers.
  • The Issuer has filed a registration statement (including a prospectus) with the Securities and Exchange Commission (“SEC”) for the offering of notes to which this communication relates.

Berkshire Hathaway Specialty Insurance Names Louis du Ché Country Manager, France

Retrieved on: 
Monday, April 15, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Louis du Ché to the additional role of Country Manager, France.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Louis du Ché to the additional role of Country Manager, France.
  • “Louis has been instrumental in establishing our stellar team and growing our presence in Belgium,” said Alessandro Cerase, Head of Europe, BHSI.
  • He joined BHSI in 2019 as Head of Property, France, and was named Country Manager, Belgium, in 2022.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Names Ingo Lorber Head of Claims for DACH Region

Retrieved on: 
Tuesday, April 2, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Ingo Lorber to Head of Claims for Germany, Austria, and Switzerland (DACH).
  • “BHSI’s commitment to consistently excellent service and doing the right thing for our customers and brokers is embodied in our CLAIMS IS OUR PRODUCT philosophy,” said Andreas Krause, Head of DACH, BHSI.
  • He joined BHSI a year ago as the company deepened its service infrastructure in the DACH region.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Promotes Daniela Peeters to Lead Customer & Broker Engagement in Germany

Retrieved on: 
Tuesday, March 26, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has named Daniela Peeters as Head of Customer & Broker Engagement in Germany.
  • She was previously Customer & Broker Engagement Manager for Northern Germany.
  • “Daniela lives our BHSI values, bringing them to her every interaction with our customers and brokers,” said Andreas Krause, Head of DACH, BHSI.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Names Fiona Merton as Head of Customer and Broker Engagement, UK

Retrieved on: 
Monday, January 29, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Fiona Merton as Head of Customer & Broker Engagement, UK.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Fiona Merton as Head of Customer & Broker Engagement, UK.
  • The position was previously held by Mark Walker, who was recently named Head of National Business, UK, at BHSI.
  • “Fiona’s immense talent for team and relationship-building will be an invaluable asset in BHSI’s collaborative culture,” said Nick Major, Country Head, BHSI, UK.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Berkshire Hathaway Specialty Insurance Names Nick Holding as Head of Marine, UK

Retrieved on: 
Thursday, January 11, 2024

Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Nick Holding to lead the ongoing growth of its marine portfolio as Head of Marine, UK.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has appointed Nick Holding to lead the ongoing growth of its marine portfolio as Head of Marine, UK.
  • “I am pleased to welcome Nick to lead our team of excellent marine underwriters and our ongoing expansion in this market,” said Nick Major, Country Head, BHSI UK.
  • In the UK, BHSI provides a full range of coverages for marine cargo, marine equipment, and subsea risks.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

AM Best Comments on Credit Ratings of Greenlight Capital Re, Ltd. and Subsidiaries Following Announced Departure of CEO Simon Burton

Retrieved on: 
Friday, November 10, 2023

AM Best has commented that the Credit Ratings (ratings) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE] and its subsidiaries remain unchanged following the announced departure of CEO Simon Burton, effective Dec. 31, 2023.

Key Points: 
  • AM Best has commented that the Credit Ratings (ratings) of Greenlight Capital Re, Ltd. (Cayman Islands) (GLRE) [NASDAQ: GLRE] and its subsidiaries remain unchanged following the announced departure of CEO Simon Burton, effective Dec. 31, 2023.
  • Mr. Burton will continue to serve in an advisory role and provide transitional services to GLRE through April 2024.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • For information on the proper use of Best’s Credit Ratings, Best’s Performance Assessments, Best’s Preliminary Credit Assessments and AM Best press releases, please view Guide to Proper Use of Best’s Ratings & Assessments .

Berkshire Hathaway Specialty Insurance Names Donagh Regan as Head of Casualty in Ireland

Retrieved on: 
Tuesday, October 31, 2023

In Ireland, BHSI offers primary, products and excess liability insurance to customers in a wide range of industries -- always backed by BHSI’s financial strength, long-view underwriting, and CLAIMS IS OUR PRODUCT commitment.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that it has promoted Donagh Regan to Head of Casualty in Ireland.
  • “Since joining BHSI in 2021, Donagh has been instrumental in building our solutions-focused casualty portfolio in Ireland,” said Louise Kidd, Country Manager, Ireland, BHSI.
  • In Ireland, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI), an Irish domiciled Designated Activity Company, Registration Number 636883 and Registered Office at 2nd Floor, 7 Grand Canal Street Lower, Dublin D02 KW81.
  • BHEI is an affiliate of Berkshire Hathaway Specialty Insurance Company (BHSIC), a Nebraska USA domiciled corporation, which provides commercial property, casualty, healthcare professional liability, executive and professional lines, transactional liability, surety, marine, travel, programs, accident and health, medical stop loss, homeowners, and multinational insurance.

Berkshire Hathaway Specialty Insurance Appoints Ana Fuertes Head of Energy and Construction in Spain

Retrieved on: 
Tuesday, October 10, 2023

Berkshire Hathaway Specialty Insurance (BHSI) today announced that Ana Fuertes has joined the company as Head of Energy and Construction in Spain.

Key Points: 
  • Berkshire Hathaway Specialty Insurance (BHSI) today announced that Ana Fuertes has joined the company as Head of Energy and Construction in Spain.
  • “Energy and construction are among the most dynamic and vital sectors in Spain, and we are committed to being a long-term partner to the energy industry, including the burgeoning renewables sector, and to infrastructure and other major construction projects across Spain,” said Tomás Blas, Head of Property, Spain, BHSI.
  • Her career has included several leadership roles in construction, energy and technical lines at other global insurers in Spain.
  • In Europe, Berkshire Hathaway Specialty Insurance (BHSI) trades under Berkshire Hathaway European Insurance DAC (BHEI) and Berkshire Hathaway International Insurance Limited (BHIIL).

Global Cannabis Market Projected To Reach $444 Billion By 2030 As Consumption and Demand Skyrockets

Retrieved on: 
Monday, October 2, 2023

PALM BEACH, Fla., Oct. 2, 2023 /PRNewswire/ -- The global cannabis markets has been growing in recent years and is expected to continue through this decade. Marijuana legalization is gaining momentum across the globe. This momentum is driven primarily by the increasing recognition that the product may have a range of legitimate medicinal benefits and therapeutic applications. It is the most widely cultivated, trafficked, and consumed drug worldwide, according to the United Nations Office on Drugs and Crime (UNODC). A growing number of jurisdictions have established legal frameworks for the non-medicinal use of adults, including social, religious, and cultural purposes. Furthermore, formalizing activities related to the product's cultivation, production, and trade in a (legally regulated) legal marijuana market will facilitate access to information and increased consumption among consumers, which is expected to provide opportunities for the market in the upcoming years. A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.  Active Companies from around the market with current developments this week include:  Leafbuyer Technologies, Inc. (OTCQB: LBUY), Cronos Group Inc. (NASDAQ: CRON), Canopy Growth Corporation (NASDAQ: CGC), SNDL Inc. (NASDAQ: SNDL), Tilray Brands, Inc. (NASDAQ: TLRY).

Key Points: 
  • A report from Fortune Business Insights projected that the global cannabis market size was valued at USD 43.72 billion in 2022 and is projected to grow from USD 57.18 billion in 2023 to USD 444.34 billion by 2030, exhibiting a CAGR of 34.03% during the forecast period.
  • In July, Cronos signed a distribution agreement with Cansativa Group ("Cansativa"), one of the leading distributors of medical cannabis in Germany.
  • Cansativa is a market leader in the medical cannabis market and is a driving force in the German cannabis industry.
  • You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements.