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LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Pro...
LifeWallet Announces a Comprehensive Settlement with 10 Affiliated Property & Casualty Insurers, Doing Business in 15 States CORAL GABLES, Fla., April 18, 2024 (GLOBE NEWSWIRE) -- MSP Recovery, Inc. d/b/a LifeWallet (NASDAQ: LIFW) (“LifeWallet” or “the Company”) announces another comprehensive settlement with 10 affiliated property and casualty insurers (“P&C Insurers”) that write personal lines of P&C insurance in 15 states. In addition to settling existing claims, the settlement establishes a going-forward process to collaboratively and timely resolve future claims, as well as share imp...
Moody's Ratings assigns Ba2 rating to Six Flags' proposed senior secur...
Moody's Ratings (Moody's) assigns a Ba2 rating to Six Flags Theme Parks Inc.'s new $850 million senior secured notes due 2032 with Six Flags Entertainment Corporation ("Six Flags") as a co-borrower. The net proceeds from the notes will be used to fully refinance the existing backed senior secured ba...
Moody's Ratings affirms the A1 on Charleston County Airport District, ...
Moody's Ratings (Moody's) has affirmed the A1 rating on Charleston County Airport District, SC's approximately $47.9 million of Airport Revenue Bonds, Series 2019 (Non-AMT). The district has an additional $151.5 million of debt that is not rated by Moody's Ratings. The outlook is stable. RATINGS R...
Moody’s Ratings affirms Baldwin Risk Partners’ ratings (B2 corporate f...
Moody's Ratings (Moody's) has affirmed the B2 corporate family rating and B2-PD probability of default rating of Baldwin Risk Partners, LLC (BRP), the operating subsidiary of publicly traded BRP Group, Inc. (NASDAQ: BRP). Moody's also affirmed the B2 ratings on BRP's senior secured term loan and rev...
Moody's Ratings assigns ratings to four classes of CLO refinancing not...
Moody's Ratings ("Moody's ") has assigned ratings to four classes of CLO refinancing notes and one class of loans (the "Refinancing Notes") issued by Allegro CLO IX, Ltd. (the "Issuer"). Moody's rating action is as follows: U.S.$149,067,722 Class A-1R Senior Secured Floating Rate Notes due 2031 ...
Moody’s Ratings assigns Aa2 ratings to Berkshire’s yen senior notes
Company issuing ¥263.3 billion (approximately $1.7 billion) of notes in seven tranches New York , April 18, 2024 – Moody's Ratings (Moody's) has assigned Aa2 ratings to ¥263.3 billion (approximately $1.7 billion) of senior unsecured notes being issued by Berkshire Hathaway Inc. (Berkshire, NYSE: BRK...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Pan American Silver Corp. and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 16 April 2024 in which Moody's reassessed the appropriateness of the ratings in t...
Moody's Ratings upgrades Taylor Morrison's CFR to Ba1; outlook stable
Moody's Ratings (Moody's) upgraded the corporate family rating (CFR) of Taylor Morrison Communities, Inc. ("Taylor Morrison") to Ba1 from Ba2, its probability of default rating (PDR) to Ba1-PD from Ba2-PD and the senior unsecured notes rating to Ba1 from Ba2. The ratings outlook is maintained at sta...
Histogen Files for Voluntary Chapter 11 Protection to Facilitate Wind-...
Histogen Files for Voluntary Chapter 11 Protection to Facilitate Wind-Down, Maximize Share Offering SAN DIEGO, April 18, 2024 (GLOBE NEWSWIRE) -- Histogen Inc. (HSTO, the “Company” or “Histogen”), a drug development company for treatment of bacterial skin infections, today announced that it has filed voluntary petitions for relief under subchapter V of Chapter 11 of the U.S. Bankruptcy Code (“Chapter 11”) in the United States Bankruptcy Court for the Southern District of California to confirm a plan of liquidation that will distribute all value to stakeholders, including shareholders. ...
First Western Reports First Quarter 2024 Financial Results
First Western Reports First Quarter 2024 Financial Results First Quarter 2024 Summary Net income available to common shareholders of $2.5 million in Q1 2024, compared to a Net loss of $3.2 million in Q4 2023.Diluted earnings/(loss) per share of $0.26 in Q1 2024, compared to $(0.34) in Q4 2023 Non-interest income increased 19.7% to $7.3 million compared to $6.1 million in Q4 2023 and 25.3% compared to $5.8 million in Q1 2023Loan to deposit ratio decreased to 98.4% in Q1 2024, compared to 100.6% in Q4 2023Book value per common share increased 0.8% from $25.33 in Q4 2023 to $25.52 in Q1 2024....
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Fresnillo plc and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 16 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context o...
Integra LifeSciences to Reschedule the First Quarter 2024 Financial Re...
Integra LifeSciences to Reschedule the First Quarter 2024 Financial Results Conference Call to May 6, 2024 PRINCETON, N.J., April 18, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: IART), a leading global medical technology company, today announced that it has rescheduled the release of the Company’s first quarter 2024 financial results to Monday, May 6, 2024. In conjunction with the earnings release, Integra’s management team will host a conference call at 8:30 a.m. EDT. A live webcast will be available on the Investors section of the Company’s website at . For those planning to participate on the ...
NOVAGOLD Releases 2023 Sustainability Report
NOVAGOLD Releases 2023 Sustainability Report Providing a comprehensive overview of NOVAGOLD's Environmental, Social and Governance (ESG) performance, emphasizing remarkable health and safety records, steadfast dedication to environmental protection, continuous community investment, extensive stakeholder engagement, and robust corporate governance.Highlighting NOVAGOLD’s investment in our partnerships with Donlin Gold LLC, Calista Corporation (“Calista”), and The Kuskokwim Corporation (TKC) to reinforce Donlin Gold’s social license, while emphasizing ongoing community engagement and addressi...
Feutune Light Acquisition Corporation Announces Extension of the Deadl...
Feutune Light Acquisition Corporation Announces Extension of the Deadline for an Initial Business Combination Metuchen, NJ, April 18, 2024 (GLOBE NEWSWIRE) -- Feutune Light Acquisition Corporation (NASDAQ: FLFV) (the “Company”), a blank check company incorporated as a Delaware corporation, today announced that, in order to extend the date by which the Company must complete its initial business combination from April 21, 2024 to May 21, 2024, an aggregate of $60,000 has been deposited into Company’s trust account (the “Trust Account”). Pursuant to the Company’s Amended and Restated Certi...
Moody's Ratings announces completion of a periodic review of ratings o...
Moody's Ratings (Moody's) has completed a periodic review of the ratings of Jamaica and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 11 April 2024 in which Moody's reassessed the appropriateness of the ratings in the context of the ...
Ascent Solar Technologies, Inc. Announces Second and Third Closings of...
Ascent Solar Technologies, Inc. Announces Second and Third Closings of Public Offering of Common Stock and Pre-Funded Warrants at $0.14 Per Share THORNTON, Colo., April 18, 2024 (GLOBE NEWSWIRE) -- Ascent Solar Technologies, Inc. (“Ascent Solar” or the “Company”) (NASDAQ: ASTI), a U.S. innovator in the design and manufacturing of featherweight, flexible thin-film photovoltaic (PV) solutions, today announced the second and third closings under its previously announced “best efforts” public offering, at a per share offering price of $0.14. 2,550,000 shares of common stock and 11,735,714 Pre...
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