BANK

Endeavour Silver Closes US$120 Million Project Loan Debt Facility to Advance the Development of Terronera

Retrieved on: 
Tuesday, October 10, 2023
Mining, Debt, Partnership, Société Générale, NYSE, TSX, S.A, Letter, EDR, Gold, Silver, Cost, ING, News, BANK, Line, Mexican peso, Security (finance), Bank, Endeavour

Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.

Key Points: 
  • Proceeds from the Debt Facility will be used towards construction of the underground mine and mill at the Company’s Terronera Project in Jalisco state, Mexico.
  • Cash sweep will be applied to 35% of excess cash flow after debt service from completion onwards until $35 million of loan principal has been prepaid.
  • Financial Covenants - The Debt Facility is subject to certain customary conditions precedent and debt servicing covenants.
  • The Debt Facility is secured through corporate guarantees from Endeavour and certain Endeavour subsidiaries and a first ranking security interest over the Terronera project.

Assisted Living at Hammonton Gets the Green Light

Retrieved on: 
Tuesday, October 10, 2023
ADA, Millville, New Jersey Department of Community Affairs, Medicaid, Assisted living, U.S. Route 30 in New Jersey, Low-Income Housing Tax Credit, Energy Star, New Jersey Department of Health, Solar energy, RED, Egg Harbor Township, New Jersey, News, BANK, NSSL, Hospital

RED BANK, N.J., Oct. 10, 2023 /PRNewswire/ -- Assisted Living at Hammonton, South Jersey's third affordable, assisted living community developed by New Standard Senior Living (NSSL), is now licensed by the New Jersey Department of Health.

Key Points: 
  • RED BANK, N.J., Oct. 10, 2023 /PRNewswire/ -- Assisted Living at Hammonton, South Jersey's third affordable, assisted living community developed by New Standard Senior Living (NSSL), is now licensed by the New Jersey Department of Health.
  • New Standard Senior Living has delivered three affordable, assisted living properties to serve South Jersey's seniors.
  • The first project, the Millville campus , was completed in 2020, then followed by the second project in Egg Harbor Township and this month, the opening of the third and final NSSL's community — Assisted Living at Hammonton .
  • Assisted Living at Hammonton is located at 308 S. White Horse Pike, Hammonton, N.J. 08037.

Hovnanian Enterprises to Present at Deutsche Bank’s 31st Annual Leveraged Finance Conference

Retrieved on: 
Wednesday, September 27, 2023
BANK, Deutsch, HOV, Hovnanian Enterprises, Conference, NYSE, RED, News, Broadcasting, Online shopping, Hovnanian

RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference on Wednesday, October 4, 2023 at 11:00 a.m.

Key Points: 
  • RED BANK, N.J., Sept. 27, 2023 (GLOBE NEWSWIRE) -- Hovnanian Enterprises, Inc. (NYSE: HOV), a leading national homebuilder, announced that senior management will be presenting at Deutsche Bank’s 31st Annual Leveraged Finance Conference on Wednesday, October 4, 2023 at 11:00 a.m.
  • The presentation will be webcast live through the “Investor Relations” section of Hovnanian Enterprises’ website at http://www.khov.com .
  • It is suggested that participants access the webcast event page at least five minutes before the live event.
  • For those who are not available to listen to the live webcast, an archive of the broadcast will be available under the “Past Events” section of the “Investor Relations” page on the Hovnanian website at http://www.khov.com .

EQS-News: Deutsche Rohstoff AG: Successful placement of bond 2023/2028

Retrieved on: 
Tuesday, September 26, 2023
BANK, Deutsch, ISIN, Growth, EUR, Frankfurt Stock Exchange, Open Market, ICF, Security (finance)

Deutsche Rohstoff AG has successfully completed the placement of its corporate bond 2023/2028 (ISIN DE000A3510K1) with an issue volume of EUR 100 million.

Key Points: 
  • Deutsche Rohstoff AG has successfully completed the placement of its corporate bond 2023/2028 (ISIN DE000A3510K1) with an issue volume of EUR 100 million.
  • The volume is composed of subscriptions in the public offering and the institutional private placement as well as the exchange of the corporate bond 2019/2024 (ISIN DE000A2YN3Q8) into the new bond of Deutsche Rohstoff AG.
  • The new bond has a term of five years with an annual coupon of 7.50%, which is paid semi-annually.
  • The result of the placement also underpins the confidence of the capital market in the disciplined growth of Deutsche Rohstoff AG.

OceanFirst Financial Corp. Schedules Earnings Conference Call

Retrieved on: 
Friday, September 22, 2023
OceanFirst Bank, Internet, Trust, OCFC, BANK, Webcast, ADSS (company), RED

RED BANK, N.J., Sept. 22, 2023 (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 September 30, 2023 on Thursday, October 19, 2023 after the market close.

Key Points: 
  • RED BANK, N.J., Sept. 22, 2023 (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 September 30, 2023 on Thursday, October 19, 2023 after the market close.
  • For those unable to participate in the conference call, a replay will be available.
  • 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. Enhances Board and Announces Chief Risk Officer Transition

Retrieved on: 
Tuesday, September 19, 2023
Hudson City Bancorp, OceanFirst Bank, EVP, US Regional Arts Organizations, MBA, Bucknell University, Washington University in St. Louis, BSBA, Retirement, Grace, Economic development, Rutgers Graduate School of Education, ICBC, Comcast, RED, Hackensack Meridian Health, Risk management, Organization, New York University Stern School of Business, Woman, Conference, Tufts University, JPMorgan Chase, Savings bank, Health care, Binghamton University, Health, Public policy, Dartmouth College, Valley Bank, Professional, Graduate School of Economics, Finance, and Management, City, Société Générale, OCFC, BANK, Bank, Management, New York University, Business

RED BANK, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), today announced the appointment of three members to its Board of Directors.

Key Points: 
  • RED BANK, N.J., Sept. 19, 2023 (GLOBE NEWSWIRE) -- OceanFirst Financial Corp. (NASDAQ:OCFC), today announced the appointment of three members to its Board of Directors.
  • Upon Ms. Vallacchi’s retirement, David Berninger will join OceanFirst Bank as Executive Vice President and Chief Risk Officer.
  • Additionally, the Company announced that John E. Walsh will retire from the Board of Directors at the end of his term in May 2024.
  • Mr. Maher commented, “Grace joined the Bank in 2017 and became a member of its Board of Directors in 2019.

Mount Olive Landfill-to-Solar Project Receives Top Renewable Energy Plant of the Year Award

Retrieved on: 
Tuesday, September 5, 2023
Olive, Diesel Power (magazine), Twenty-five Year Award, CEV, CS Energy, Tax, Electricity, CEP, Landing slot, Pennsylvania-New Jersey League, POWER, Power Magazine, TMEIC, Engineering, New Jersey Resources, BANK, RED, Renewable energy, Rail transport, Construction, Superfund

RED BANK, N.J., Sept. 5, 2023 /PRNewswire/ -- CEP Renewables announced today that its Mount Olive project has received POWER Magazine's Top Renewable Energy Plant of the Year Award. The award for the largest solar landfill project in North America is shared with CEP partners NJR Clean Energy Ventures (CEV), CS Energy, Terrasmart, and Lindsay Precast. This 25.6-MW project in New Jersey allowed the Mount Olive township to recoup $2.3 million in taxes while transforming a former 65-acre Superfund site into a clean, revenue-generating asset.

Key Points: 
  • RED BANK, N.J., Sept. 5, 2023 /PRNewswire/ -- CEP Renewables announced today that its Mount Olive project has received POWER Magazine's Top Renewable Energy Plant of the Year Award.
  • The award for the largest solar landfill project in North America is shared with CEP partners NJR Clean Energy Ventures (CEV), CS Energy, Terrasmart, and Lindsay Precast.
  • Developed by CEP Renewables , Mount Olive was constructed by CS Energy .
  • "The team is excited to receive POWER Magazine's Top Renewable Energy Plant of the Year Award!

BRI Sustains Growth: Micro Credit Surges 11.41%, Records IDR 29.56 Trillion Profit

Retrieved on: 
Friday, September 1, 2023
IDR, CASA, BRI, Umi, BBRI, IDX, NPL, MSME, BANK, Financial inclusion, Yoy, Growth, ESG, Empowerment, Bank, Edhi Sunarso

Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.

Key Points: 
  • Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.
  • In the domain of credit distribution, BRI extended loans and financing worth IDR 1,202.13 trillion by Q2 2023, with the micro segment growing exponentially at 11.41% YoY, reaching IDR 577.94 trillion.
  • This amplifies the microcredit's share to 48.08% of the total credit, while MSME credit constitutes a remarkable 84.48% of the overall credit.
  • By Q2 2023, ESG-related BRI credit makes up 67.2% of the portfolio (IDR 732.3 trillion).

BRI Sustains Growth: Micro Credit Surges 11.41%, Records IDR 29.56 Trillion Profit

Retrieved on: 
Friday, September 1, 2023
IDR, CASA, BRI, Umi, BBRI, IDX, NPL, MSME, Multimedia, BANK, Financial inclusion, Yoy, Growth, ESG, Empowerment, Bank, Online shopping, Edhi Sunarso

Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.

Key Points: 
  • Consequently, BRI attains a consolidated profit of IDR 29.56 trillion, reflecting an impressive 18.83% YoY growth.
  • In the domain of credit distribution, BRI extended loans and financing worth IDR 1,202.13 trillion by Q2 2023, with the micro segment growing exponentially at 11.41% YoY, reaching IDR 577.94 trillion.
  • This amplifies the microcredit's share to 48.08% of the total credit, while MSME credit constitutes a remarkable 84.48% of the overall credit.
  • By Q2 2023, ESG-related BRI credit makes up 67.2% of the portfolio (IDR 732.3 trillion).

First Savings Financial Group, Inc. Announces Quarterly Cash Dividend

Retrieved on: 
Wednesday, August 30, 2023
Wealth, BEST, BANK, SBA, Bank, Holding company, Real estate

JEFFERSONVILLE, Ind., Aug. 30, 2023 (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 $0.14 per common share.

Key Points: 
  • JEFFERSONVILLE, Ind., Aug. 30, 2023 (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 $0.14 per common share.
  • The dividend will be paid on or about September 30, 2023 to stockholders of record as of the close of business September 15, 2023.
  • First Savings is a recognized leader, both in its local communities and nationally for its lending programs.
  • The employees of First Savings strive daily to achieve the organization’s vision, We Expect To Be The BEST community BANK, which fuels our success.