Financial Performance and Key Metrics - Nucor generated EBITDA of approximately $1.3 billion and earned $2.63 per share in Q3 2025, exceeding guidance due to stronger shipments and favorable corporate adjustments [5][17] - Year-to-date adjusted net earnings are approximately $1.4 billion or $5.98 per share, with Q3 earnings exceeding the midpoint of guidance by about $0.50 [17][18] - The steel mill segment generated $793 million of pre-tax earnings, a decrease of 6% from the prior quarter, while steel products segment pre-tax earnings were $319 million, down from $392 million [18][20] Business Line Performance - The bar mill group achieved record rebar shipments in Q3, driven by demand in non-residential construction and infrastructure markets [11][19] - Sheet shipments nearly matched record volumes from the previous quarter, with a 13% year-over-year increase in sheet backlog tons [19] - The steel products segment saw external shipments increase by 4% quarter-over-quarter, despite a decline in operating profit due to product mix and higher substrate pricing [20] Market Data and Key Metrics - Finished steel imports decreased nearly 11% year-to-date through August, supported by federal actions and tariffs [14][15] - Demand for long products remains strong, particularly in infrastructure spending, with bridge and tunnel contract awards up nearly 20% year-over-year [24] - The Dodge Construction Network forecasts a 30% increase in data center construction in 2025, indicating strong growth potential in this sector [12] Company Strategy and Industry Competition - Nucor is focused on prudent capital management, balancing long-term growth with shareholder returns, and has returned nearly $1 billion to shareholders year-to-date [7][23] - The company is in the final phase of a multi-year capital investment campaign, with several major projects nearing completion [8][10] - Nucor aims to optimize its portfolio to provide comprehensive solutions, enhancing its competitive position in the steel industry [10][14] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to create value amid evolving market conditions, with expectations for stable domestic steel demand in 2026 [26] - The company anticipates lower consolidated earnings in Q4 due to seasonal effects and scheduled outages, but remains optimistic about long-term growth drivers [25][26] - Management highlighted the importance of maintaining a strong investment-grade credit profile, with a total debt-to-capital ratio of approximately 24% [22] Other Important Information - Nucor's long-term credit ratings were upgraded to A3 by Moody's, making it the only major North American steel producer with such ratings [7] - The company is committed to maintaining a strong balance sheet while investing in growth opportunities [22][23] Q&A Session Summary Question: Nucor's shipment growth and market share - Management noted that Nucor's shipments are growing faster than the industry, with a focus on restructuring and positioning in the plate group and long products [29][31] Question: Data center products and growth - Management confirmed that Nucor supplies a wide range of products for data centers, including insulated metal panels and joists, benefiting from increased demand in this sector [33][34] Question: Warehouse market growth and share - Management indicated that while the warehousing market is flat, data centers are expected to see double-digit growth, with Nucor well-positioned to capitalize on this trend [40][45] Question: Pricing and market conditions - Management discussed the impact of recent pricing movements and the expectation of lower realized pricing in Q4, while anticipating a recovery in Q1 [50][51] Question: Acquisition opportunities - Management outlined a strategy focused on growing core capabilities and expanding into adjacent markets, with an emphasis on high-margin, low-capital intensity opportunities [54][57] Question: Seattle mill decision - Management clarified that the Seattle mill will continue operating, but the decision was made not to replace it with a micromill, as other facilities can adequately supply the region [60][64] Question: Shareholder returns and capital allocation - Management acknowledged that the third quarter buybacks were the smallest since 2020, emphasizing a balanced approach to capital allocation while maintaining strong liquidity [66][67]

Financial Data and Key Metrics Changes - The operating return on assets was 1.37% for the third quarter, with a return on equity of 12.1% and a return on tangible common equity (ROTCE) of 17.6%, showing continued improvement over linked and prior year quarters [3] - Net income for the third quarter was $54.5 million, or $1.03 per diluted common share, with operating earnings per share at $1.05, an increase of $0.17 per share compared to the prior quarter [9] - Revenues grew approximately 9% from the prior quarter and 26% from the third quarter of the prior year, driven by improvements in net interest income [9] Business Line Data and Key Metrics Changes - Total loans increased by $1.6 billion for the year, including acquired loans from Evans Bancorp, with annualized loan growth in 2025 being approximately 1% higher from December 2024 [9] - The total loan portfolio of $11.6 billion is comprised of 56% commercial relationships and 44% consumer loans [10] - Total deposits of $13.7 billion were up $2.1 billion from December 2024, with growth in checking and money market accounts [10] Market Data and Key Metrics Changes - The company experienced solid growth in deposits in the Western region of New York post-merger with Evans Bancorp, retaining key lending relationships despite approximately $30 million of net contractual runoff in the portfolio [6] - The new Malta, New York branch near GlobalFoundries is seeing excellent traffic and growth, while the Hudson Valley market is experiencing positive demographic shifts [7] Company Strategy and Development Direction - The company plans to open a financial center in Rochester during 2026 and is exploring locations in the Finger Lakes to enhance its branch network [6] - The company is focused on scaling operations in New Hampshire and optimizing branch locations to remain agile and responsive to market needs [8] - The management is interested in fill-in strategies for M&A opportunities with like-minded community banks to expand the franchise [33] Management's Comments on Operating Environment and Future Outlook - Management expressed that recent and expected changes to Fed funds rates may challenge future margin improvements compared to recent quarters [4] - The company is in a strong capital position and has growth opportunities across all markets, well-positioned to take advantage of them [15] - Management anticipates low to mid-single-digit loan growth rates in early to mid-2026, with a robust pipeline of lending opportunities [20] Other Important Information - The company announced an 8.8% improvement to its dividend to shareholders, marking the 13th consecutive year of increases [5] - Total operating expenses, excluding acquisition expenses, were $110 million for the quarter, reflecting a full quarter of Evans activity [14] Q&A Session Summary Question: What are the expectations for cost savings and total expenses moving forward? - Management indicated that cost savings have been achieved during the third quarter, and the run rate of $110 million is expected to be appropriate going forward, with typical expense increases running between 3.5% and 4.5% [18] Question: What is the outlook for loan growth in the coming quarters? - Management expects low to mid-single-digit growth rates for loans, with a strong pipeline and good activity levels in the markets [20] Question: What is the expected number of new branches and talent recruitment? - Management anticipates adding four to six new branches per year to improve market concentration and has been productive in recruiting talent in the Western region of New York [28] Question: Is the company considering additional M&A deals? - Management is open to fill-in strategies for M&A opportunities with smaller community banks to expand their franchise [33] Question: What are the expectations for margin pressure in the near term? - Management indicated potential margin pressure in the fourth quarter due to deposit repricing dynamics, but there may be opportunities for margin improvement in 2026 [34][76]

Financial Data and Key Metrics Changes - NBT Bancorp reported net income of $54.5 million, or $1.03 per diluted common share, with operating earnings per share at $1.05, an increase of $0.17 compared to the prior quarter [10] - Operating return on assets was 1.37%, return on equity was 12.1%, and ROTCE was 17.6%, showing continued improvement [3] - Tangible book value per share increased by 7% year-over-year to $25.51 [4] Business Line Data and Key Metrics Changes - Total loans increased by $1.6 billion year-over-year, with a diversified portfolio comprising 56% commercial and 44% consumer loans [11] - Total deposits rose to $13.7 billion, up $2.1 billion from December 2024, with growth in checking and money market accounts [12] - Non-interest income represented 28% of total revenues, with fee income increasing by 9.8% compared to the previous quarter [14][13] Market Data and Key Metrics Changes - The Western region of New York saw solid growth in deposits post-Evans Bancorp merger, with plans for new branches in Rochester and other areas [6][8] - The company is exploring new locations in the Finger Lakes and plans to break ground on a new branch near the Micron chip fabrication site in Clay, New York [8] Company Strategy and Development Direction - The company aims to support organic growth and maintain a strong capital position, with a renewed share repurchase authorization of 2 million shares through the end of 2027 [5] - NBT Bancorp is focused on filling in its franchise through opportunistic M&A and branch expansion, particularly in underrepresented markets [29] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining a strong capital position and identified growth opportunities across all markets [16] - Future margin improvements may be challenged due to expected changes in Fed funds rates, but there is optimism for potential margin recovery in 2026 [31][58] Other Important Information - The company announced an 8.8% dividend increase, marking the 13th consecutive year of increases [5] - Total operating expenses for the quarter were $110 million, reflecting a 4.4% increase from the prior quarter [15] Q&A Session Summary Question: What are the expectations for cost savings and total expenses moving forward? - Management indicated that cost savings from the Evans integration are largely achieved, with a run rate of $110 million expected going forward, alongside typical expense increases of 3.5% to 4.5% [18][19] Question: What is the outlook for loan growth in the coming quarters? - Management anticipates low to mid-single-digit growth rates for loans, with a strong pipeline and good activity levels in the markets [20][21] Question: Are there plans for additional M&A deals? - The company is open to opportunistic M&A to fill in its franchise and is in discussions with like-minded community banks [29] Question: What is the current status of solar loans and auto loan delinquencies? - Management noted no significant pressure on auto loan delinquencies and indicated that solar loans are performing as expected, despite market volatility [35][36] Question: What is the outlook for fee income and insurance growth? - The insurance business is expected to grow at a rate of high mid-single digits, with seasonally strong performance in the third quarter [48][49] Question: What are the expectations for margin pressure and potential improvements? - Management expects some initial pressure on margins but sees potential for improvement in 2026 if the yield curve steepens [57][58]

Financial Data and Key Metrics Changes - The company reported a record after-tax operating income of over $1 billion and net income exceeding $1.3 billion, both up 37% year over year [4] - After-tax operating earnings per share reached $2.77, representing an 18.5% annualized operating return on average common equity [4] - Year-to-date book value per share growth was 17.3%, with a quarterly consolidated combined ratio of 79.8% reflecting excellent underwriting performance [4][5] - The nine-month combined ratio stood at 83.6%, indicating strong underwriting performance despite the impact of California wildfires and severe convective storms [4] Business Line Data and Key Metrics Changes - Property and casualty insurance group reported underwriting income of $129 million, up 8% year over year, with a combined ratio of 93.4% [6] - Reinsurance segment achieved a record underwriting income of $482 million, with a combined ratio of 76.1%, showing significant improvement over the previous year [8] - Mortgage segment generated $260 million of underwriting income, remaining on track to deliver approximately $1 billion for the year [10] Market Data and Key Metrics Changes - Net return premium in North America for liability occurrence grew by 17%, while property and short-tail book increased by 15% [7] - International premium volume remained essentially flat, with the middle market business in North America significantly enhanced through recent acquisitions [7][8] - The reinsurance segment's net premium returns were $1.7 billion, down roughly 11% year over year, reflecting current pricing conditions [9] Company Strategy and Development Direction - The company aims to maximize returns for shareholders over the long term, focusing on deploying capital into attractive underwriting opportunities [5][11] - The strategy includes allocating capital to profitable growth while prioritizing renewals that meet return thresholds [6] - The company is actively looking to leverage its strong capital position to invest in the most attractive risk-adjusted opportunities [11] Management's Comments on Operating Environment and Future Outlook - Management noted increasing competition in the market but emphasized the strength of their brand and underwriting discipline [5] - The company remains bullish about the insurance business, particularly in casualty lines, and expects to grow better than the overall market [26] - Management expressed confidence in the mortgage segment's performance, citing strong home prices as a key driver [65] Other Important Information - The company repurchased $732 million of shares in the quarter, with plans for continued buybacks in the near term [19] - The delinquency rate of the U.S. mortgage insurance business increased to 2.04%, in line with seasonal expectations [17] - The company maintains a strong capital position, with a peak zone natural catastrophe probable maximum loss of $1.9 billion, well below internal limits [19] Q&A Session Summary Question: Future Buyback Levels - Management indicated that share buybacks will likely be the preferred method of capital return in the short term, given strong earnings and limited growth opportunities [22][24] Question: Insurance Premium Growth Outlook - Management remains optimistic about premium growth, particularly in casualty and middle market segments, despite some non-renewals [25][26] Question: Reinsurance Growth Normalization - The normalized growth in reinsurance, absent one-off items, might have been around a decrease of 3% to 4% instead of the reported 10% [32][33] Question: Impact of Hurricane Season on Buybacks - Management expressed confidence in continuing buybacks during hurricane season due to the company's diversified and strong capital position [40][41] Question: Importance of AA- Rating - While not critical, maintaining the AA- rating is seen as advantageous, particularly in Europe, and the company is focused on optimizing capital within rating agency constraints [45][46] Question: Casualty Rate Increases - Management noted that casualty lines are seeing rate increases that exceed loss costs, providing opportunities for growth [51][87]

Financial Data and Key Metrics Changes - Lending has grown 4.4% since year-end to GBP 388 billion, consistent with an annual growth rate of over 4% over the past six years [3][4] - Income increased to GBP 12.1 billion, a 12.5% rise compared to the first nine months of the previous year [5][6] - Operating profit reached GBP 5.8 billion, with attributable profit at GBP 4.1 billion, resulting in a return on tangible equity of 19.5% [6][7] - Earnings per share grew 32.4% year-on-year, and TNAV per share increased 14.6% to 362 pence [7] Business Line Data and Key Metrics Changes - Mortgage lending rose by over GBP 5 billion for the first nine months, supported by new offers for first-time buyers and family-backed mortgages [4] - Unsecured lending grew by GBP 2.9 billion, or 17.3%, aided by the integration of Sainsbury's customers [4] - Commercial and institutional lending increased by GBP 7.9 billion, or 5.5%, particularly in infrastructure and sustainable finance [4][5] - Non-interest income grew due to higher fees from payments, cards, and strong performance in currencies and capital markets [5][9] Market Data and Key Metrics Changes - Deposits increased by 0.8% to GBP 435 billion, reflecting a balance between volume and value in a competitive market [5][11] - Assets under management and administration grew 14.5% to GBP 56 billion, indicating increased customer investment activity [5] Company Strategy and Development Direction - The company is focused on disciplined growth, bank-wide simplification, and effective balance sheet and risk management [3][6] - A new share buyback of GBP 750 million was announced, with 50% already executed [7] - The company aims to support large-scale infrastructure programs and has committed GBP 7.6 billion towards its 2030 Group Climate and Transition Finance target of GBP 200 billion [5] Management's Comments on Operating Environment and Future Outlook - Management noted that despite inflation above the Bank of England's target, the economy is growing with low unemployment and high levels of savings [3] - The company expects one further base rate cut this year, with rates projected to reach 3.75% by year-end [10] - Full-year income guidance has been revised to around GBP 16.3 billion, with returns expected to exceed 18% [6][10] Other Important Information - The cost-income ratio improved by five percentage points to 47.8%, with operating expenses up 2.5% to GBP 5.9 billion [6][12] - The CET1 ratio ended the third quarter at 14.2%, up 60 basis points from the previous quarter [14][15] Q&A Session Summary Question: Deposit momentum and non-interest income drivers - Management discussed that deposits are up around GBP 3.5 billion year-to-date, with different trends across business lines, and highlighted strong momentum in non-interest income driven by cards, payments, and capital markets [19][22] Question: Cost growth expectations and capital management - Management reiterated cost guidance for the year, emphasizing ongoing simplification efforts and the potential for continued cost management [30][34] Question: Loan growth sustainability and income drivers - Management expressed confidence in maintaining loan growth above market levels, with a strong track record and favorable conditions in commercial lending [60][72] Question: CET1 ratio target and deferred tax assets - Management indicated that the CET1 ratio target will be reviewed in February, with expectations for continued capital generation and a slight decrease in deferred tax asset utilization in the coming years [81][83]

Financial Data and Key Metrics Changes - Lending has grown 4.4% since year-end to £388 billion, consistent with an annual growth rate of over 4% over the past six years [3][4] - Income increased to £12.1 billion, up 12.5% compared to the first nine months of the previous year [5][7] - Operating profit reached £5.8 billion, with attributable profit of £4.1 billion, and return on tangible equity at 19.5% [7][8] - Earnings per share grew 32.4% year-on-year, and TNAV per share increased 14.6% to 362 pence [8] Business Line Data and Key Metrics Changes - Mortgage lending rose by over £5 billion for the first nine months, supported by new offers for first-time buyers and family-backed mortgages [4] - Unsecured lending grew by £2.9 billion, or 17.3%, with successful integration of Sainsbury's customers [4] - Commercial and institutional lending increased by £7.9 billion, or 5.5%, particularly in infrastructure and sustainable finance [4][5] - Deposits grew 0.8% to £435 billion, balancing volume with value in a competitive market [5][12] Market Data and Key Metrics Changes - Customer activity remains high, reflecting strong economic conditions with low unemployment and wage growth above inflation [3] - Assets under management and administration increased by 14.5% to £56 billion, contributing to non-interest income growth [5] Company Strategy and Development Direction - The company focuses on disciplined growth, bank-wide simplification, and effective balance sheet and risk management [3][7] - A new share buyback of £750 million was announced, with 50% already executed [8] - The company aims to support large-scale infrastructure programs and has committed £7.6 billion towards its 2030 Climate and Transition Finance target of £200 billion [5] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the economic environment, expecting continued growth despite inflation above the Bank of England's target [3] - Full-year guidance for income has been revised to around £16.3 billion, with returns expected to exceed 18% [7][10] - The company anticipates one further base rate cut this year, reaching a terminal rate of 3.75% by year-end [11] Other Important Information - The cost-income ratio improved by five percentage points to 47.8%, with operating expenses up 2.5% to £5.9 billion [7][12] - The CET1 ratio ended the third quarter at 14.2%, up 60 basis points from the previous quarter [15][16] Q&A Session Summary Question: Deposit momentum and non-interest income drivers - Management noted a £3.5 billion increase in deposits year-to-date, with varying trends across business lines [20] - Non-interest income showed strong momentum, particularly in cards, payments, and capital markets [23] Question: Cost growth expectations - Management reiterated cost guidance for the year, emphasizing ongoing simplification efforts [31][32] Question: Capital and CRD4 impact - Limited CRD4 impact was noted in the quarter, with expectations for more material effects in Q4 [35] Question: Loan growth sustainability - Management expressed confidence in maintaining above-market loan growth, particularly in commercial and institutional sectors [61] Question: CET1 ratio target and deferred tax assets - Management indicated ongoing discussions regarding CET1 targets, with expectations for reduced capital requirements under Basel 3.1 [83][84]

Financial Data and Key Metrics Changes - The company reported net income of approximately $163 million or $0.28 per diluted share, up from $133 million or $0.22 in the previous quarter, marking the highest quarterly profitability since the end of 2022 [4] - The annualized return on average assets is above 1%, achieving many profitability goals ahead of schedule [4][10] - Core customer deposits grew by about $1 billion during the quarter, contributing to a total of nearly 10% core deposit growth over the past year [11][7] Business Line Data and Key Metrics Changes - Gross loans decreased modestly due to targeted runoff in transactional C&I and the C&I commodity subsegment, with average loans increasing by 0.5% during the quarter [12][13] - Non-interest income has grown at an annual rate of 15% since 2017, significantly outpacing publicly traded peers [8] - The company experienced a second consecutive quarter of 3% net interest income growth, with net interest margin (NIM) improving for the sixth consecutive quarter [14] Market Data and Key Metrics Changes - The company has added nearly 110,000 new deposit accounts over the past 12 months, reflecting strong market demand [7] - Brokered deposits now comprise 11% of the total deposit base, the lowest level since Q3 2022 [11] - The pipeline for C&I and CRE loans stands at $3.3 billion, indicating strong market activity [59] Company Strategy and Development Direction - The company is focused on enhancing its commercial and consumer banking sectors, with new leadership in place to drive growth [5][6] - There is a strategic emphasis on expanding into the healthcare C&I and capital call areas, which are seen as having compelling risk-adjusted return profiles [9] - The company aims to grow its small business and retail banking segments, leveraging its existing branch network [46][48] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about future prospects, citing strong customer growth, talent acquisition, and profitability [10] - The competitive environment remains challenging, particularly in C&I and CRE, but the company is well-positioned to capitalize on opportunities [22] - Management anticipates continued stability in non-accrual loans and expects to maintain low credit costs moving forward [16][36] Other Important Information - The company repurchased approximately $12 million worth of shares during the quarter, reflecting confidence in its capital position [17] - Adjusted non-interest expenses declined modestly, driven by lower compensation and occupancy costs [15] - The efficiency ratio continues to improve, with expectations for further progress in the upcoming quarters [15] Q&A Session Summary Question: Could you speak to the competitive backdrop regarding the decline in C&I loans? - Management noted that while spot deposit costs have declined, the competitive environment for new deposit relationships remains strong, with opportunities for repricing existing deposits [20] Question: How are you thinking about the buyback opportunity against conserving capital for longer-term growth? - Management indicated a near-term CET1 target of around 11%, with buybacks being considered as a source of capital deployment going forward [24] Question: Do you expect to continue to have more business coming from outside the Northeast? - Management confirmed that originations are evenly split among the Southeast, Northeast, and specialty businesses, with strong contributions expected from Florida [27][30] Question: Can you provide more color on the increase in non-accrual loans? - Management clarified that the increase was primarily driven by a construction loan, with a significant portion of non-accrual loans being current on payments [34][36] Question: What areas are you most focused on for growth? - Management highlighted opportunities in the Florida franchise, upmarket C&I, and small business banking as key areas for growth [44][46] Question: How do you think about the impact of lower rates on loan growth? - Management indicated that while lower rates could accelerate payoffs, they believe their portfolio is somewhat insulated from this risk [57] Question: What is the outlook for NIM expansion? - Management expects NIM to normalize between 3.20% and 3.40%, with confidence in achieving above 3.1% in the fourth quarter [66] Question: How are you quantifying the potential boost in growth from new hires? - Management anticipates significant momentum in upmarket C&I and business banking growth as new hires are onboarded [68][70]

Core Viewpoint - Caliber has regained compliance with Nasdaq's stockholders' equity requirement, estimating its equity to be between $4.5 million and $6.0 million as of September 30, 2025, exceeding the $2.5 million minimum requirement [1][2]. Group 1: Compliance and Financial Position - The company expects to receive formal notice from Nasdaq confirming its compliance with Listing Rule 5550(b)(1) [2]. - Nasdaq will continue to monitor Caliber's compliance, and failure to maintain the minimum stockholders' equity could lead to potential delisting [2]. - Caliber's recent initiatives have strengthened its balance sheet by reducing debt and increasing equity [3]. Group 2: Strategic Initiatives - The company has launched a Digital Asset Treasury (DAT) strategy anchored in LINK, contributing to the improvement of its equity base [4]. - The CEO emphasized that regaining compliance is a significant step in the company's transformation and value-building efforts across its core businesses [5]. Group 3: Company Overview - Caliber is an alternative asset manager with over $2.9 billion in managed assets and a 16-year track record in private equity real estate investing [5]. - The company became the first U.S. public real estate platform to implement a Digital Asset Treasury strategy in 2025 [5].

Group 1: Goldman Sachs Debt Offering - Goldman Sachs has launched a $10 billion debt offering structured across five tranches, including $2.5 billion in 4-year fixed-to-floating notes at +67 basis points and $3.5 billion in 11-year fixed-to-floating notes at +92 basis points, as part of its capital management initiatives [2][7]. Group 2: Caterpillar Price Target Upgrade - JPMorgan has raised its price target for Caterpillar to $650 from $505, maintaining an "Overweight" rating, indicating a potential upside of 28.68% from the previous close [3][7]. Group 3: Netflix and Spotify Partnership - Netflix is partnering with Spotify to introduce video podcasts from Spotify Studios and The Ringer starting in early 2026, aiming to expand its content library and reach new audiences [4][7]. Group 4: Gold Prices Surge - Gold prices have reached a record high of over $4,000 per ounce, driven by global uncertainty, fears of economic fragmentation, and sustained central bank buying, as noted by Bank of England Governor Andrew Bailey [5][7]. Group 5: Argentina's Exchange Rate Reforms - Argentina is continuing its economic reforms by maintaining a floating exchange rate system for the peso within a band of 1,000 to 1,400 per US dollar, aiming to attract capital inflows and strengthen financial stability [6][8][7]. Group 6: Federal Reserve Reverse Repo Operations - The Federal Reserve's overnight reverse repurchase agreement operations declined to $3.516 billion, down from $4.124 billion earlier in the week, indicating reduced usage of the facility [9].

Sampo plc, press release, 16 September 2025 at 6.10 pm EEST NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OF AMERICA OR THE DISTRICT OF COLUMBIA (the United States) OR IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN ANY OTHER JURISDICTION WHERE OR TO WHOM IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS ANNOUNCEMENT Sampo prices the issuance of new Restricte ...