Business Day

Customers Bancorp, Inc. Subordinated Notes to Convert from Fixed to Floating Rate

Retrieved on: 
Monday, March 4, 2024
Banking, Asset Management, Professional Services, Finance, Customers Bancorp, Business Day, Bank, American Banker, C&I, Business, Congress, Federal Reserve, Interest rate, Federal Deposit Insurance Corporation

Customers Bancorp, Inc. (NYSE:CUBI) announced that subordinated notes issued in 2014 will, on June 26, 2024, convert from an annual fixed rate of 6.125% to a floating rate.

Key Points: 
  • Customers Bancorp, Inc. (NYSE:CUBI) announced that subordinated notes issued in 2014 will, on June 26, 2024, convert from an annual fixed rate of 6.125% to a floating rate.
  • On June 24, 2014, Customers Bancorp, Inc. (“Customers”) and its wholly-owned subsidiary, Customers Bank, (the “Bank”) entered into subscription agreements with accredited investors under which the Bank issued $110.0 million in aggregate principal amount of fixed-to-floating rate subordinated notes due 2029 (the “Subordinated Notes”).
  • Pursuant to the terms of the original Subordinated Note Certificate, from June 26, 2024, until maturity, the Subordinated Notes were to bear an annual interest rate equal to the three-month LIBOR plus 344.3 basis points.
  • Customers Bank’s commercial and consumer clients benefit from a full suite of technology-enabled tailored product experiences delivered by best-in-class customer service.

Notice of Offer to Purchase for Cash by Osprey Bitcoin Trust Up to 20% or 1,668,107 of its outstanding Units

Retrieved on: 
Thursday, January 11, 2024
Bitcoin, Transfer, Notice, CSTT, Sponsor, NAV, Letter, The Purchase Price, Business, Business Day, TAX, TIME, Depository Trust Company, Osprey, DTC, Date, Sale, OTCQX, FICC, Expiration, Security (finance)

The Offer is, however, subject to other conditions, as further described in the Offer to Purchase.

Key Points: 
  • The Offer is, however, subject to other conditions, as further described in the Offer to Purchase.
  • During any such extension, all Units previously tendered and not properly withdrawn will remain subject to the Offer.
  • In the event that the Trust decides to terminate the Offer for any reason, it will promptly notify investors.
  • In addition, if certain events occur, as described in Section 7 of the Offer to Purchase, we may not be obligated to purchase Units pursuant to the Offer.

Teleperformance declares Offer for Majorel unconditional 98.45% of Shares tendered under the Offer – Opening of the Post-Acceptance Period

Retrieved on: 
Friday, October 20, 2023
Technology, Artificial Intelligence, Other Technology, Bertelsmann, Disclosure, Electric Bond and Share Company v. Securities and Exchange Commission, Closing time effect, Positive statement, Wet, Amendment, EUR, Business Day, CET, Section, PP, Euronext Amsterdam, ABN, AMRO Bank, Acquisition, Judgement, Euronext Paris, Person, Bank statement, Shareholder, Position, Article, AMF, Digital, Closing time, Paragraph, Section 17 of the Canadian Charter of Rights and Freedoms, Business, Failure, AFM, Cryptocurrency, Security (finance), Auction, Mobile phone, Share (finance), Majorel, Teleperformance

As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.

Key Points: 
  • As a result, Teleperformance declares the Offer unconditional (doet gestand) and the Post-Acceptance Period will start as from 23 October 2023 for a 2-week period.
  • Shareholders who have elected to receive the Share Consideration during the Offer Period or the Post-Acceptance Period will receive on the Second Settlement Date Teleperformance shares at an exchange ratio of 30/217.
  • Further information on the Post-Acceptance Period is included in Section 5.8 (Post-Acceptance Period) of the Offer Memorandum.
  • A maximum of 4,608,295 Teleperformance shares is available for issue under the Share Consideration, (i.e., a maximum of 33,333,334 Shares can be exchanged for Teleperformance shares).

Announcement of Currency Exchange Option

Retrieved on: 
Friday, June 9, 2023
RUB, Note, Condition, Clearstream, Business, Business Day, Euronext Amsterdam, Issuer, VEON, Trustee, Principal, Trust deed, Security (finance), Euroclear

dollar currency election”).

Key Points: 
  • dollar currency election”).
  • This release contains “forward-looking statements,” as the phrase is defined in Section 27A of the U.S. Securities Act of 1933, as amended, and Section 21E of the U.S. Securities Exchange Act of 1934, as amended.
  • Forward-looking statements are not historical facts, and include statements relating to, among other things, expectations regarding the U.S. dollar currency election.
  • The forward-looking statements contained in this release speak only as of the date of this release.

FOX Business Network Closes Out First Quarter 2023 as Top Business Network on Television With Business Day Viewers for 4th Consecutive Quarter

Retrieved on: 
Tuesday, March 28, 2023
TV and Radio, General Entertainment, Entertainment, Main Street, FOX, FBN, Evening Edition, WSJ, Fox Business, Silicon Valley Bank, Business, Business Day, Fox, Wall Street, Saturday, Silicon, CNBC, Television, Growth, Business network, Bottom line, Varney & Co., News, Nielsen Media Research, Fox Corporation, Large

FOX Business Network (FBN) ended the first quarter of 2023 defeating CNBC for 12 consecutive months in Business Day and 10 consecutive months in Market Hours with Total Viewers, according to Nielsen Media Research.

Key Points: 
  • FOX Business Network (FBN) ended the first quarter of 2023 defeating CNBC for 12 consecutive months in Business Day and 10 consecutive months in Market Hours with Total Viewers, according to Nielsen Media Research.
  • Kudlow (weekdays, 4PM/ET) hosted by Larry Kudlow, was the top business program with Total Viewers for the fifth consecutive quarter, while the network also delivered five of the top 10 business programs in total viewers.
  • Notably, FBN was the only business network to post year-over-year growth across the board, up 2% in business day viewers and 4% in market hour viewers (207,000) year-over-year.
  • With 290,000 total viewers, Kudlow once again closed out the quarter as the highest-rated business news program on television, netting a 58% advantage over its CNBC competition.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, December 18, 2022
London Stock Exchange, HSBC Bank (Europe), Sale, Human, ETC, Total expense ratio, Business Day, Tax, Investment, HSBC Bank, Custody, S.A.S, Interest, President's Pay Agent, Business, Service, Arrangement, Silver, Euronext Amsterdam, LBMA, Base, VAT, Settlement date, Settlement, Euronext Paris, Movement, Security (finance), Prospectus, Application, Remuneration, USD, Redemption, London Bullion Market Association, United Kingdom, Trustee, Metal, Subscription business model, London, Calendar, Financial adviser, Bank, Lease, Life insurance, Risk management, National identity cards in the European Economic Area, Participation, Gold, Issuer, Adviser, Custodian, Deutsch, Series

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an “Authorised Participant”).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the “Metal Entitlement”.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.