BANK

MESA LABS ANNOUNCES AMENDMENT TO CREDIT FACILITY AND REPURCHASE OF SENIOR CONVERTIBLE NOTES

Retrieved on: 
Monday, April 8, 2024
GKE, BANK, MLAB, Line of credit, Acquisition, Credit, Note, Depreciation, Revolver, Term loan, Debt-to-GDP ratio, Bank

The Credit Agreement includes a $75 million senior secured term loan facility (the “Term Loan”) and a $125 million senior secured revolving credit facility (the “Revolver”), both of which mature in April 2029.

Key Points: 
  • The Credit Agreement includes a $75 million senior secured term loan facility (the “Term Loan”) and a $125 million senior secured revolving credit facility (the “Revolver”), both of which mature in April 2029.
  • The Credit Agreement includes a ten-year amortization schedule and no springing maturity relating to the Company’s 1.375% Convertible Senior Notes due August 2025 (the “2025 Notes”).
  • Proceeds from the Term Loan and Revolver will be used to pay down the Company’s 2025 Notes and for normal operating expenditures.
  • Additionally, Mesa has entered into separate, privately negotiated transactions with certain holders of the 2025 Notes to repurchase $75 million aggregate principal amount of the 2025 Notes for an aggregate repurchase price in cash of $71.25 million.

Alger Expands High-Conviction Growth Equity Lineup with the Launch of the Alger AI Enablers & Adopters and Alger Concentrated Equity Strategies

Retrieved on: 
Monday, April 8, 2024
Overweight, AP, BANK, Organization, Algorithm, Growth, Tax, ETF, Philosophy, EPS, FDIC, Name, Risk, Public, Terrorism, History, Class, NAV, Virginia High School League, Software, APS, Prospectus, Infection, CFA, Investment, Intellectual property, NOT, Pandemic, Artificial intelligence, Hearing, Financial adviser

NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Fred Alger Management, LLC ("Alger"), a privately held $25.7 billion growth equity investment manager, today announced the launch of two high-conviction portfolios: Alger AI Enablers & Adopters and Alger Concentrated Equity. Both strategies are available as ETFs, mutual funds, and separate accounts.

Key Points: 
  • NEW YORK, April 8, 2024 /PRNewswire-PRWeb/ -- Fred Alger Management, LLC ("Alger"), a privately held $25.7 billion growth equity investment manager, today announced the launch of two high-conviction portfolios: Alger AI Enablers & Adopters and Alger Concentrated Equity.
  • Alger AI Enablers & Adopters, managed by Patrick Kelly, CFA, is a focused portfolio of companies actively involved in developing and implementing Artificial Intelligence (AI) technologies.
  • In our view, organizations that embrace AI technologies better position themselves to drive sustainable growth in the digital age.
  • Alger Concentrated Equity is a focused portfolio of 20-30 stocks representing the highest conviction investment ideas of portfolio manager Dr. Ankur Crawford.

OceanFirst Financial Corp. Schedules Earnings Conference Call

Retrieved on: 
Tuesday, March 19, 2024
BANK, Trust, Webcast, RED, Internet, OCFC, OceanFirst Bank

RED BANK, N.J., March 19, 2024 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended March 31, 2024 on Thursday, April 18, 2024 after the market close.

Key Points: 
  • RED BANK, N.J., March 19, 2024 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), the holding company for OceanFirst Bank, today announced that it will issue its earnings release for the quarter ended March 31, 2024 on Thursday, April 18, 2024 after the market close.
  • The conference call will also be available (listen-only) via the Internet by accessing the Company's Web address: www.oceanfirst.com - Investor Relations.
  • OceanFirst Financial Corp.’s subsidiary, OceanFirst Bank N.A., founded in 1902, is a $13.5 billion regional bank providing financial services throughout New Jersey and the major metropolitan markets of Philadelphia, New York, Baltimore, and Boston.
  • OceanFirst Financial Corp.'s press releases are available at http://www.oceanfirst.com.

Halcyon Announces Partnership with SettlementOne Data

Retrieved on: 
Tuesday, April 2, 2024
Partnership, RED, IRS, BANK, PDF, JSON, Cryptocurrency

This strategic partnership utilizes the widely recognized IRS 8821 form, modernized by Halcyon to provide unsurpassed speed, accuracy, and flexibility.

Key Points: 
  • This strategic partnership utilizes the widely recognized IRS 8821 form, modernized by Halcyon to provide unsurpassed speed, accuracy, and flexibility.
  • Halcyon, a company that provides income verification services, announced a new partnership with SettlementOne Data
    Halcyon, a forerunner in the financial technology industry, leveraged its team's 25 plus years of extensive experience in tax preparation and financial services to develop this cutting-edge solution.
  • The Halcyon system delivers a comprehensive array of 64 tax transcripts, both personal and business, in PDF and JSON formats.
  • "Halcyon is excited to announce this partnership and with SettlementOne so lenders can increase their productivity, decrease costs and provide a benefit to the borrower to help them be a homeowner faster."

SMG Holdings LLC Introduces SMG HVAC, Elevating HVAC Solutions for Multi-Site Retailers Across North America

Retrieved on: 
Tuesday, April 2, 2024
BANK, Heat, RED, Ventilation, Marketing, HVAC, SMG

RED BANK, N.J., April 2, 2024 /PRNewswire/ -- SMG Holdings LLC, a pioneering provider of integrated facility management solutions, proudly announces the launch of SMG HVAC, a specialized division dedicated to serving the HVAC needs of multi-site retailers across North America.

Key Points: 
  • RED BANK, N.J., April 2, 2024 /PRNewswire/ -- SMG Holdings LLC, a pioneering provider of integrated facility management solutions, proudly announces the launch of SMG HVAC, a specialized division dedicated to serving the HVAC needs of multi-site retailers across North America.
  • Shannon Prato, CEO of SMG Holdings LLC, remarked, "The establishment of SMG HVAC marks a significant milestone in our journey.
  • SMG HVAC is poised to deliver exceptional HVAC solutions that precisely address the unique challenges faced by multi-site retailers."
  • Jason Menser, Executive Vice President of SMG, expressed, "Our ambition is to emerge as the preferred HVAC partner for multi-site retailers across North America.

Halcyon and Xactus Announce Strategic Partnership to Revolutionize Income Verification Process for Lenders

Retrieved on: 
Monday, March 18, 2024
Partnership, RED, BANK, Real estate

Halcyon's exceptional ability to deliver accurate, real-time income verification services aligns perfectly with our mission to advance the modern mortgage with our customers."

Key Points: 
  • Halcyon's exceptional ability to deliver accurate, real-time income verification services aligns perfectly with our mission to advance the modern mortgage with our customers."
  • By integrating our tax transcript and income verification solutions, we are not only streamlining the lending process but also significantly reducing the margin for error and delays."
  • Halcyon's innovative service enables lenders to obtain additional income transcripts as needed, in near real-time, and without incurring additional costs.
  • For more information about Xactus and Halcyon's services, please visit Xactus and Halcyon .

DEUTSCHE BANK JOINS THE SAPHYRE ENDEAVOR

Retrieved on: 
Tuesday, March 12, 2024
Deutsche Bank, BANK, Intelligence, T+1, Family, Financial services

HOBOKEN, N.J., March 12, 2024 /PRNewswire/ -- Saphyre, a fintech company using patent-approved automated intelligence technology to solve pre-trade activities and post-trade issues, announces that Deutsche Bank joins its network of financial institutions using the Saphyre platform.

Key Points: 
  • DEUTSCHE BANK LEVERAGES SAPHYRE'S PATENTED PLATFORM FOR THE ONBOARDING AND MAINTENANCE OF ITS TRADING RELATIONSHIPS WITH INVESTMENT MANAGERS AND FOR TRADING AGREEMENT MANAGEMENT.
  • HOBOKEN, N.J., March 12, 2024 /PRNewswire/ -- Saphyre, a fintech company using patent-approved automated intelligence technology to solve pre-trade activities and post-trade issues, announces that Deutsche Bank joins its network of financial institutions using the Saphyre platform.
  • Stephen Roche, President & Co-Founder of Saphyre shared, "We are thrilled to have Deutsche Bank, one of the most prestigious financial firms in the industry, join the family of capital market firms on the platform.
  • By having them as part of our network, not only will Deutsche Bank realize middle and back-office operational benefits, but our mutual buy-side clients will gain them as well.

PAX Health Emerges as a Leading Force in Behavioral Health with the Strategic Acquisitions of Three Leading North-East-Based Companies

Retrieved on: 
Tuesday, March 12, 2024
Reservoir, PAX, BANK, Growth, Entrepreneurship, Mental, Health equity, Partnership, RED, Health, Patient, Mental health, Acquisition, BMA, HCAP, WCPN, Investment

These strategic acquisitions position PAX Health as a comprehensive provider in the behavioral health sector, combining the strengths and expertise of these premier companies to deliver innovative solutions for mental health and well-being.

Key Points: 
  • These strategic acquisitions position PAX Health as a comprehensive provider in the behavioral health sector, combining the strengths and expertise of these premier companies to deliver innovative solutions for mental health and well-being.
  • PAX Health is dedicated to addressing the complex challenges of mental health by integrating the best practices and resources from the acquired companies.
  • With a commitment to excellence, PAX Health aims to provide tailored solutions for individuals, businesses, and communities seeking comprehensive behavioral health services.
  • Pax Health believes in a better life for our patients, their families, and our providers" said Roy Leitstein, President and Co-Founder of Pax Health.

First Savings Financial Group, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Wednesday, February 28, 2024
Bank, BEST, BANK, Wealth, SBA

JEFFERSONVILLE, Ind., Feb. 28, 2024 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (NASDAQ: FSFG) (the “Company”), the holding company for First Savings Bank (the “Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.15 per common share.

Key Points: 
  • JEFFERSONVILLE, Ind., Feb. 28, 2024 (GLOBE NEWSWIRE) -- First Savings Financial Group, Inc. (NASDAQ: FSFG) (the “Company”), the holding company for First Savings Bank (the “Bank”), announced that its Board of Directors declared a quarterly cash dividend of $0.15 per common share.
  • The dividend will be paid on or about March 29, 2024 to stockholders of record as of the close of business March 15, 2024.
  • The Bank is an entrepreneurial community bank headquartered in Jeffersonville, Indiana, which is directly across the Ohio River from Louisville, Kentucky, and operates fifteen depository branches within Southern Indiana.
  • The employees of First Savings Bank strive daily to achieve the organization’s vision, We Expect To Be The BEST community BANK, which fuels our success.

OceanFirst Financial Corp. to Present at the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024

Retrieved on: 
Wednesday, February 28, 2024
OCFC, Management, BANK, RED, Raymond James Financial, Conference

RED BANK, N.J., Feb. 28, 2024 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), announced today that Management will present and meet with investors during the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024.

Key Points: 

RED BANK, N.J., Feb. 28, 2024 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), announced today that Management will present and meet with investors during the Raymond James & Associates’ 45th Annual Institutional Investors Conference on March 4-6, 2024.