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Result of the auction of 0.10 per cent DGBi 2034 and 2.25 per cent DGB 2035
Globenewswire· 2025-06-03 08:30
Summary of Key Points Core Viewpoint - The document presents a summary of bids, sales, cut-off prices, pro rata allocations, and yields for specific bonds, indicating the financial performance and market interest in these securities [1]. Group 1: Bids and Sales - The total bids amounted to 2,070 million DKK, while total sales reached 1,550 million DKK, reflecting a strong demand for the bonds offered [1]. - The bond with ISIN 99 24458 DGB 0.10% had bids of 620 million DKK and sales of 600 million DKK, with a cut-off price of 93.04 [1]. - The bond with ISIN 99 24961 DGB 2.25% had bids of 1,450 million DKK and sales of 950 million DKK, with a cut-off price of 97.97 [1]. Group 2: Yield and Pro Rata - The yield for the bond with ISIN 99 24458 DGB 0.10% is reported at 0.87% per annum, while the yield for the bond with ISIN 99 24961 DGB 2.25% is at 2.47% per annum [1]. - Both bonds had a pro rata allocation of 100%, indicating that all bids were fully satisfied [1]. Group 3: Settlement Information - The settlement date for the transactions is set for June 6, 2025, which is crucial for investors to note for their financial planning [1].
Result of auction of mortgage covered bonds (SDRO’s) in series 12E and 12F
Globenewswire· 2025-05-26 11:51
Group 1 - The company, Realkredit Danmark, has completed the auctions of mortgage covered bonds (SDRO's) in series 12E and 12F for the refinancing of RD Cibor6® effective from 1 July 2025 [1] - The results of the auctions are detailed in an appendix attached to the announcement [1]
Bread Financial Announces Modified Dutch Auction Cash Tender Offer for 9.750% Senior Notes Due 2029
Globenewswire· 2025-05-21 11:30
Core Points - Bread Financial Holdings, Inc. has initiated a cash tender offer to purchase up to $150 million of its 9.750% Senior Notes maturing in March 2029 [1] - The tender offer will expire on June 20, 2025, with an early participation deadline on June 4, 2025 [2] Tender Offer Details - The total consideration for each $1,000 principal amount of Notes will be determined through a modified "Dutch Auction" procedure, with an early participation amount of $50 for those who tender before the early participation deadline [3][4] - Holders can specify a minimum total consideration (Bid Price) they are willing to accept, which must be within a specified range of $1,040 to $1,080 [4] - The expected final payment date for accepted Notes is June 25, 2025 [3] Participation and Withdrawal - Holders may withdraw their tendered Notes until the withdrawal date of June 4, 2025 [7][8] - The Company reserves the right to amend, extend, or terminate the tender offer at its discretion [9] Company Overview - Bread Financial is a tech-forward financial services company providing personalized payment, lending, and saving solutions to U.S. consumers [15]
保利和建工联合体45.45亿竞得北京海淀半壁店地块
Xin Hua Cai Jing· 2025-05-20 23:22
张凯说,海淀田村板块占据西四环优越区位,享有环线优势及永定河引水渠生态资源。反观海淀近两年 土拍格局,开发热点持续西移北拓,产业引擎、教育医疗配套与城市界面的迭代升级正取代传统环线价 值成为区域增值核心动能。 (文章来源:新华财经) 新华财经北京5月21日电(记者高婷)20日,北京海淀半壁店地块于线下竞价,报名参拍的房企有海 开、保利和建工联合体、城建和绿城联合体。经过多轮举牌,最终该地块以45.45亿元由保利和建工联 合体竞得,溢价率11.95%,成交楼面价7.84万/平方米。 中指研究院土地市场研究负责人张凯介绍,该宗地由两宗小地块组成,总计用地规模4.06万平方米,地 上建筑规模5.8万平方米。值得一提的是,该地块本应在4月30日进行线下竞拍,但在4月18日,北京市 规划和自然资源委员会发布了《关于调整北京市海淀区半壁店地区城中村改造项目HD00-2201-0003、 0004地块R2二类居住用地国有建设用地使用权出让文件的补充公告》,对海淀半壁地块规划进行调 整,其中涉及三个关键点:一是地块建筑高度从原先的18米降至现在的15米,原来每栋6层变为5层。二 是明确两条街坊路都是11米宽,南侧街坊路没有变 ...
Auction result of Treasury Bills - RIKV 25 0820 - RIKV 25 1119
Globenewswire· 2025-05-19 11:30
Summary of Key Points Core Viewpoint - The document provides detailed information on two bond series, RIKV 25 0820 and RIKV 25 1119, including their settlement dates, total amounts allocated, bid details, and interest rates. Group 1: Bond Series Details - RIKV 25 0820 has a total amount allocated of 2,680 million, while RIKV 25 1119 has a total amount allocated of 8,200 million [1] - Both bond series have a settlement date of May 21, 2025 [1] Group 2: Bids and Pricing - The total number of bids received for RIKV 25 0820 is 9, with a total amount of all bids received at 10,130 million, while RIKV 25 1119 received 23 bids totaling 18,300 million [1] - The weighted average of successful bids for RIKV 25 0820 is 98.068 at a simple interest of 7.794, and for RIKV 25 1119, it is 96.245 at a simple interest of 7.717 [1] Group 3: Allocation and Ratios - Both bond series experienced a 100% percentage partial allocation [1] - The bid to cover ratio for RIKV 25 0820 is 3.78, indicating strong demand, while RIKV 25 1119 has a bid to cover ratio of 2.23 [1]
IZEA Announces Commencement of a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock
Globenewswire· 2025-05-16 12:00
ORLANDO, Fla., May 16, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today that it has commenced a modified “Dutch auction” tender offer (the “Offer”) to repurchase up to $8,700,000 of its common stock. Under the terms of the Offer, IZEA is offering to purchase shares of its common stock at a price not less than $2.30 and not more than $2.80 per share, which maximum price equals approximately ...
Correction: Jyske Realkredit’s auctions for 1 July 2025 refinancing
Globenewswire· 2025-05-15 09:57
CORRECTION: Only to the appendix To Nasdaq Copenhagen A/S 2 May 2025 Announcement 37 /2025 Jyske Realkredit’s auctions for 1 July 2025 refinancing Jyske Realkredit plans to carry out the auctions Tuesday 27th of May 2025 for loans in cover pool E. The refinancing amount and bonds to be offered are specified in the table below: OpenCloseAlloc.NameISINAmount mill.LCRTuesday 27 May10:0010:3010:35Var. 422.E.OA Cb3.ju29 RFDK0009417198<td style="width:66.14px;;border-right ...
IZEA Announces Intention to Commence a Modified Dutch Auction Tender Offer to Repurchase up to $8.7M of its Common Stock
GlobeNewswire News Room· 2025-05-13 20:02
ORLANDO, Fla., May 13, 2025 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing company that makes Creator Economy solutions for marketers, announced today that it intends to commence a modified “Dutch auction” tender offer (the “Offer”) to repurchase up to $8,700,000 of its common stock. Under the terms of the proposed Offer, IZEA will offer to purchase shares of its common stock at a price not less than $2.30 and not more than $2.80 per share, which maximum price equals ...
ACV Auctions (ACVA) FY Conference Transcript
2025-05-12 19:15
Summary of ACV Auctions (ACVA) FY Conference Call Company Overview - ACV Auctions operates as an online marketplace primarily facilitating dealer-to-dealer wholesale transactions, disrupting the traditional physical auction market [4][5] - The company went public four years ago and has achieved a market share of approximately 10% in a market where 85% remains physical [5][6] - Revenue has grown from approximately $200 million at IPO to an expected $765 million to $785 million for the current year, with a first year of profitability last year [7][8] Market Dynamics - The wholesale dealer-to-dealer market has contracted from 10-11 million units pre-COVID to about 7.5 million units currently due to supply chain issues and reduced new car sales [13][14] - The company anticipates a recovery in the market as new car sales and off-lease vehicles return, which will increase the supply of used cars available for wholesale [21][24] Competitive Landscape - Major competitors include Manheim, which holds an estimated 20% market share, and several hundred independent physical auctions [15][16] - ACV is positioned as a technology-driven player with a significant data advantage, having inspected millions of cars to create a robust dataset [18][66] Growth Strategy - ACV plans to expand its market share by engaging with a larger number of franchise dealerships, currently working with about one-third of the 17,000 franchise rooftops in the U.S. [9][10] - The company is also targeting the commercial vehicle market, which consists of repossessed cars, fleet vehicles, and rental cars, representing a total addressable market (TAM) of 6 million units [10][29] Financial Performance - The company aims for a midterm target of $1 billion in revenue and $350 million in adjusted EBITDA, with a projected 50% increase in adjusted EBITDA on 22% revenue growth for the current year [8][9] - Gross margin has improved significantly, with a target of reaching 60% in the near future [51] Technology and Data Utilization - ACV leverages technology to provide accurate valuations of used cars, enhancing the buying and selling process for dealers [35][66] - The company has developed additional services such as ACV Max for inventory management and ACV Capital for financing, which contribute to overall revenue [37][47] Operational Efficiency - The company has about 800 vehicle condition inspectors, averaging 6.5 inspections per day, with more mature territories achieving 10-12 inspections per day [60][62] - Efforts are underway to improve inspection efficiency and reduce time spent per vehicle, which will enhance productivity [63] Conclusion - ACV Auctions is positioned for continued growth in the dealer-to-dealer wholesale market, leveraging technology and data to enhance its value proposition and expand its market share [67] - The company is focused on building strategic partnerships with dealers and enhancing operational efficiencies to drive profitability [39][58]