BANK

EQS-News: Amprion GmbH: Amprion again successful with green bond in volume of €1.2 billion

Retrieved on: 
Wednesday, August 30, 2023

The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.

Key Points: 
  • The transmission system operator Amprion has once again successfully placed a green bond with a total nominal volume of €1.2 billion on the international capital market.
  • The green dual-tranche bond was issued within Amprion's €9 billion debt issuance programme.
  • The second tranche with a volume of €700 million has a maturity of 11 years and an interest coupon of 4.125% p. a.
    Peter Rüth, CFO of Amprion: “We have once again successfully placed a dual-tranche green bond.
  • Moody's has assigned a Baa1 rating to the newly issued dual-tranche green bond.

EQS-News: Deutsche Rohstoff AG: Placement of a bond with 7.50% coupon p.a.

Retrieved on: 
Monday, August 28, 2023

Deutsche Rohstoff AG: Placement of a bond with 7.50% coupon p.a.

Key Points: 
  • Deutsche Rohstoff AG: Placement of a bond with 7.50% coupon p.a.
  • Deutsche Rohstoff: Placement of a bond with 7.50% coupon p.a.
  • Deutsche Rohstoff AG ("Deutsche Rohstoff") plans to place a new corporate bond (WKN A3510K, ISIN DE000A3510K1) with a volume of up to EUR 100 million based on the securities prospectus* approved today by the Commission de Surveillance du Secteur Financier (CSSF).
  • The new bond 2023/2028 of Deutsche Rohstoff AG is expected to be traded on the Open Market (Quotation Board) of the Frankfurt Stock Exchange from 27 September 2023.

Cash Depot Announces the Future of Retail Cash Management & Consumer Financial Services - BANK IN A BOX

Retrieved on: 
Thursday, August 10, 2023

GREEN BAY, Wis., Aug. 10, 2023 /PRNewswire/ -- Cash Depot Ltd. (Cash Depot) announces the official launch of its new cash management, ATM, and consumer financial services system, BANK IN A BOX. The technology is designed to provide a versatile cash solution for progressive retailers with unbanked and underbanked consumers by combining smart safe, cash recycler, ATM, and financial services kiosk into one powerful machine.

Key Points: 
  • GREEN BAY, Wis., Aug. 10, 2023 /PRNewswire/ -- Cash Depot Ltd. (Cash Depot) announces the official launch of its new cash management, ATM, and consumer financial services system, BANK IN A BOX.
  • The technology is designed to provide a versatile cash solution for progressive retailers with unbanked and underbanked consumers by combining smart safe, cash recycler, ATM, and financial services kiosk into one powerful machine.
  • "BANK IN A BOX is a new take on retail ATMs and cash handling," said Sean Burke, CEO for Cash Depot.
  • The cash functionality includes but is not limited to:
    In addition to robust store cash management, the standard BANK IN A BOX application stack includes ATM functionality, multi-denominational transactions, and bank deposits for account holders of participating financial institutions.

Halcyon and Freddie Mac Partnership Brings VOI Innovation to Lending Market

Retrieved on: 
Wednesday, August 2, 2023

"Our integration with AIM adds one more benefit for lenders who take advantage of our income verification solution," remarked Kirk Donaldson, CEO of Halcyon.

Key Points: 
  • "Our integration with AIM adds one more benefit for lenders who take advantage of our income verification solution," remarked Kirk Donaldson, CEO of Halcyon.
  • "We will continue to partner with Freddie Mac to lower manufacturing costs and improve overall loan quality."
  • "Bringing innovation and changes to the market is important to advance the overall industry," said Kevin Kauffman, Freddie Mac Single-Family Vice President and Head of Client Engagement.
  • "We look forward to a continued partnership with Halcyon as we look to further our efforts to make homeownership more attainable."

KBRA Assigns Preliminary Ratings to BANK 2023-BNK46

Retrieved on: 
Friday, July 28, 2023

KBRA is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2023-BNK46, a $720.6 million CMBS conduit transaction collateralized by 32 commercial mortgage loans secured by 32 properties.

Key Points: 
  • KBRA is pleased to announce the assignment of preliminary ratings to 38 classes of BANK 2023-BNK46, a $720.6 million CMBS conduit transaction collateralized by 32 commercial mortgage loans secured by 32 properties.
  • The collateral properties are located throughout 16 MSAs, of which the three largest are Washington NoVA - MD (16.3%), San Diego (13.1%), and Boston (10.0%).
  • The pool has exposure to all major property types, with four types representing more than 10.0% of the pool balance: retail (35.8%), office (21.2%), lodging (17.0%), and mixed-use (13.0%).
  • KBRA capitalization rates were applied to each asset’s KNCF to derive values that were, on an aggregate basis, 38.5% less than third party appraisal values.

First Savings Financial Group, Inc. Reports Financial Results for the Third Fiscal Quarter Ended June 30, 2023

Retrieved on: 
Thursday, July 27, 2023

The proceeds from the sale of the securities were used to reduce FHLB borrowings in the June 2023 quarter.

Key Points: 
  • The proceeds from the sale of the securities were used to reduce FHLB borrowings in the June 2023 quarter.
  • The Company recognized net charge-offs of $61,000 for the three months ended June 30, 2023, compared to net charge-offs of $27,000 in 2022.
  • Noninterest income decreased $2.8 million for the three months ended June 30, 2023 as compared to the same period in 2022.
  • Noninterest expense decreased $3.9 million for the three months ended June 30, 2023 as compared to the same period in 2022.

Join Tabrasa's Chief Revenue Officer, Bill Bodnar for a Free Webinar "Reading the Markets - The Back Nine"

Retrieved on: 
Tuesday, July 25, 2023

RED BANK, N.J., July 24, 2023 /PRNewswire/ -- Tabrasa is excited to announce an upcoming free webinar, "Reading the Markets - The Back Nine," hosted by renowned financial expert Bill Bodnar, scheduled for Thursday, July 27 at 2 p.m.

Key Points: 
  • RED BANK, N.J., July 24, 2023 /PRNewswire/ -- Tabrasa is excited to announce an upcoming free webinar, "Reading the Markets - The Back Nine," hosted by renowned financial expert Bill Bodnar, scheduled for Thursday, July 27 at 2 p.m.
  • "We are thrilled to have Bill Bodnar host this informative and timely webinar," said Bruce Jones, Founder, Tabrasa.
  • The event will be presented in collaboration with Mortgage Market Guide (MMG), one of the leading sources of industry insights.
  • Attendees are strongly encouraged to invite their partners and colleagues to ensure that the financial community benefits from this invaluable knowledge.

Halcyon & OpenFin: Empowering Wealth Advisors with Data-Led Insights and Streamlined Workflows

Retrieved on: 
Wednesday, July 19, 2023

Halcyon has initiated a pioneering integration that unifies potent tax preparation insights with a state-of-the-art desktop experience.

Key Points: 
  • Halcyon has initiated a pioneering integration that unifies potent tax preparation insights with a state-of-the-art desktop experience.
  • Furthermore, the integration with OpenFin's desktop notifications ensures that advisors stay on top of their clients' filings activity in real-time.
  • By combining the strengths of OpenFin's desktop experience with a seamless Salesforce integration, Halcyon is revolutionizing the way wealth advisors interact with their clients' data.
  • "The Halcyon platform was built by former financial advisors and CPAs, partnering with OpenFin has provided us the opportunity to reach the wealth advisory community with a simple and intuitive integration."

OceanFirst Financial Corp. Schedules Earnings Conference Call

Retrieved on: 
Thursday, June 22, 2023

RED BANK, N.J., June 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 June 30, 2023 on Thursday, July 20, 2023 after the market close.

Key Points: 
  • RED BANK, N.J., June 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 June 30, 2023 on Thursday, July 20, 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 $13.6 billion regional bank providing financial services throughout New Jersey and the major metropolitan markets of Philadelphia, New York, Baltimore, and Boston.

SMG Launches New Life Safety Company - Revolutionizes Retail Industry with Nationwide Support

Retrieved on: 
Monday, June 19, 2023

RED BANK, N.J., June 19, 2023 /PRNewswire/ --Today SMG Holdings, LLC marks the official launch of SMG Fire, a pioneering life safety company dedicated to providing comprehensive safety solutions to multi-site retailers nationwide.

Key Points: 
  • RED BANK, N.J., June 19, 2023 /PRNewswire/ --Today SMG Holdings, LLC marks the official launch of SMG Fire, a pioneering life safety company dedicated to providing comprehensive safety solutions to multi-site retailers nationwide.
  • With its cutting-edge technologies, industry expertise, and unwavering commitment to client satisfaction, SMG Fire is set to transform the landscape of retail safety.
  • The retail industry faces unique challenges when it comes to ensuring the safety and well-being of guests and team members.
  • With our nationwide support network, cutting-edge technologies, and unwavering commitment to customer satisfaction, we are confident that SMG Fire will become the go-to partner for life safety in the retail industry."