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Tag: financial institutions

Timbercreek Financial Secures $600 Million Revolving Credit Facility

TORONTO, Aug. 07, 2025 (GLOBE NEWSWIRE) -- Timbercreek Financial Corp. (TSX: TF) ("Timbercreek Financial" or the "Company") is pleased to announce a significant update to its credit facilities. On August 7, 2025, Timbercreek Financial entered into a second amending agreement to the third amended and restated credit agreement (the "New Credit Agreement") with a syndicate of nine lenders. The New Credit Agreement provides for revolving credit facilities totaling $600 million, including a $20 million swingline facility, up from the previous $510 million credit facility. The facility also includes a $100 million accordion feature for future expansion, subject to certain conditions. The term of the New Credit Agreement is two years, maturing on August 7, 2027. The Toronto-Dominion Bank will continue to act as sole lead arranger, sole book-runner, and administration agent.

oneZero appoints Adam Collins as Head of Institutional Sales, Americas and EMEA

SOMERVILLE, Mass., Aug. 7, 2025 /PRNewswire/ -- oneZero, a global leader in multi-asset enterprise trading technology, today announced the appointment of Adam Collins as...

Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2025: Performance impacted by trade environment, cost saving program progressing

Suominen Corporation’s Half-Year Financial Report on August 7, 2025, at 9:30 a.m. (EEST)

Suominen Corporation’s Half-Year Financial Report for January 1 – June 30, 2025:

DMG Blockchain Solutions Announces Preliminary July Operational Results, Treasury Update, Launch of Blockseer Explorer

VANCOUVER, British Columbia, Aug. 06, 2025 (GLOBE NEWSWIRE) -- DMG Blockchain Solutions Inc. (TSX-V: DMGI) (OTCQB: DMGGF) (FRANKFURT: 6AX) ("DMG" or the "Company"), a vertically integrated blockchain and data center technology company, today announces its preliminary operational results for July 2025:

Occidental Announces Further Progress on Asset Sales and Debt Reduction

HOUSTON, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced it has signed four agreements to divest select Permian Basin assets, generating approximately $950 million in proceeds to be used for debt reduction:

ING Americas Expands its Transaction Services Team to Support Growth of its Transaction Services business in the U.S.

NEW YORK, Aug. 6, 2025 /PRNewswire/ -- ING Americas announced the expansion of its Transaction Services business in the region, including key leadership appointments,...

Avista Corp. Reports Financial Results for the Second Quarter of 2025, Confirms 2025 Earnings Guidance with Strong Utility Offsetting Investment Losses

SPOKANE, Wash., Aug. 06, 2025 (GLOBE NEWSWIRE) -- Avista Corp. (NYSE: AVA) today announced financial results for the second quarter of 2025. Net income and earnings per diluted share for the second quarter and year-to-date 2025 compared to the same periods in 2024 are presented in the table below (dollars in millions, except per-share data):

Great-West Lifeco reports record base earnings and announces intention for additional $500 million in share buybacks

TSX:GWO Great-West Lifeco Inc.'s Quarterly Report to Shareholders for the second quarter of 2025, including its Management's Discussion and Analysis (MD&A) and consolidated financial statements...

VPN.com Lists MarketCap.com For Sale: Premium Asset For Financial and Crypto Leaders

ATLANTA, Aug. 5, 2025 /PRNewswire/ -- VPN.com officially announces that MarketCap.com, one of the most sought-after domain names in the financial and crypto industries,...

Lucid Announces Second Quarter 2025 Financial Results

Financial Highlights Produced 3,863 vehicles in Q2Delivered 3,309 vehicles in Q2; up 38.2% compared to Q2 2024Q2 revenue of $259.4 millionQ2 GAAP diluted net loss...

BLADEX ANNOUNCES 2Q25 NET PROFIT OF $64.2 MILLION, OR $1.73 PER SHARE, RESULTING IN AN ANNUALIZED RETURN ON EQUITY OF 18.5%

PANAMA CITY, Aug. 4, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (NYSE: BLX, "Bladex", or "the Bank"), a Panama-based multinational bank originally established...

RHB, TOKIO MARINE LIFE AND TAKAFUL MALAYSIA FORGE LONG TERM EXCLUSIVE BANCA PARTNERSHIPS

KUALA LUMPUR, Malaysia, Aug. 4, 2025 /PRNewswire/ -- RHB Banking Group ("RHB" or the "Group") entered into bancassurance and bancatakaful partnerships with Tokio Marine Life...

Full Truck Alliance Co. Ltd. Announces Changes to Its Freight Brokerage Service

GUIYANG, China, Aug. 1, 2025 /PRNewswire/ -- Full Truck Alliance Co. Ltd. ("FTA" or the "Company") (NYSE: YMM), a leading digital freight platform, today announced...

Gate US Officially Launches to Offer Secure and Compliant Crypto Trading to U.S. Customers

PANAMA CITY, Aug. 01, 2025 (GLOBE NEWSWIRE) -- Gate US, the localized platform powered by global crypto leader Gate Group, has officially launched in the United States, now offering spot trading services tailored for U.S. customers. With a focus on security, simplicity, and regulatory compliance, Gate US aims to provide a seamless crypto trading experience supported by world-class infrastructure and trusted industry expertise.

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HomeTagsFinancial institutions