Core Viewpoint - Unisys Corporation is issuing $700 million in Senior Secured Notes due 2031 to finance a cash tender offer for its existing notes and other corporate purposes [1][3]. Group 1: Senior Secured Notes Offering - Unisys announced the pricing of $700 million aggregate principal amount of Senior Secured Notes due 2031 through a private offering [1]. - The Senior Secured Notes will bear an interest rate of 10.625% per year, payable semiannually starting January 15, 2026 [5]. - The offering is expected to close on June 27, 2025, subject to customary closing conditions [1]. Group 2: Tender Offer and Consent Solicitation - Concurrently, Unisys initiated a cash tender offer to purchase all outstanding $485 million of its 6.875% Senior Secured Notes due November 1, 2027 [2]. - The company is soliciting consents to amend the existing indenture governing the terms of the Existing Notes, aiming to eliminate restrictive covenants and certain events of default [2]. - The Tender Offer and Consent Solicitation are contingent upon the successful completion of the Senior Secured Notes offering [7]. Group 3: Use of Proceeds - The net proceeds from the Senior Secured Notes offering will be used to finance the Tender Offer and Consent Solicitation, redeem remaining Existing Notes, fund a portion of the long-term pension deficit, and for general corporate purposes [3]. Group 4: Security and Guarantees - The Senior Secured Notes will be guaranteed by material domestic subsidiaries of Unisys and secured by liens on substantially all assets of Unisys and the subsidiary guarantors [4].

央行：拓宽保障性住房再贷款使用范围 持续巩固房地产市场稳定态势 智通财经5月9日电，央行发布2025年第一季度中国货币政策执行报告，下一阶段，加快建立完善养老金 融体系，支持中国式养老事业。支持提振和扩大消费，引导金融机构从消费供给和需求两端，积极满足 各类主体多样化资金需求。拓宽保障性住房再贷款使用范围，持续巩固房地产市场稳定态势，完善房地 产金融基础性制度，助力构建房地产发展新模式。 ...

Core Insights - F&G Annuities & Life, Inc. has achieved cumulative pension risk transfer (PRT) sales exceeding $7 billion, maintaining a top 10 ranking in the PRT market for four consecutive years [1][2][3] - In 2024, F&G recorded a record $2.2 billion in PRT sales, marking a 15% increase from 2023, with an additional $300 million in sales in Q1 2025 [2][3] - The company has executed over 30 PRT transactions since entering the market in 2021, serving more than 125,000 participants [2][3] Company Strategy - F&G's PRT track record is a key component of its growth and diversification strategy, with a focus on competitive pricing and a diversified balance sheet [3][4] - The company has adapted its approach by adding new market segments and broadening its prospects through additional PRT consultants [3] - F&G's tech-enabled servicing and high-quality investment portfolio enhance its ability to deliver superior value in a competitive market [3] Market Position - F&G consistently ranks among the top 10 in the $3 trillion private pension market and is a top 6 player in PRT writers, with an average deal size below $1 billion [3] - Pension fiduciaries view F&G as a reliable and cost-effective provider for securing pension benefits while managing plan assets prudently [4]

Piedmont Office Realty Trust (PDM) Q1 2025 Earnings Call April 29, 2025 01:48 PM ET Speaker0 Greetings. Welcome to the Piedmont Office Realty Trust First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. A question and answer session will follow the formal presentation. Please note this conference is being recorded. I will now turn the conference over to your host, Laura Moon. You may begin. Speaker1 Thank you, operator, and good morning, everyone. We apprec ...

Piedmont Office Realty Trust (PDM) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Laura Moon - Chief Accounting Officer & EVPBrent Smith - President, CEO & DirectorGeorge Wells - Executive VP & COOChristopher Kollme - Executive Vice President of Investments & StrategySherry Rexroad - CFO & EVP Conference Call Participants Dylan Burzinski - Senior Analyst, OfficeNicholas Thillman - Senior Research Analyst Operator Greetings. Welcome to the Piedmont Office Realty Trust First Quarter twe ...

Piedmont Office Realty Trust (PDM) Q1 2025 Earnings Call April 29, 2025 09:00 AM ET Company Participants Laura Moon - Chief Accounting Officer & EVPBrent Smith - President, CEO & DirectorGeorge Wells - Executive VP & COOChristopher Kollme - Executive Vice President of Investments & StrategySherry Rexroad - CFO & EVP Conference Call Participants Dylan Burzinski - Senior Analyst, OfficeNicholas Thillman - Senior Research Analyst Operator Greetings. Welcome to the Piedmont Office Realty Trust First Quarter twe ...

随着我国人口老龄化进程加速，养老金融的作用日益凸显。近年来，国家政策的支持促进了养老金融的 发展，但仍不能完全匹配人口老龄化的需求。耐心资本关注长期收益，秉承社会责任投资理念，逐渐成 为解决养老金融问题的重要力量。 我国养老金融的现状与挑战 (一)人口老龄化趋势。2024年，我国60岁及以上人口达到3.1亿人，占总人口的22%，其中65岁及以上人 口为2.2亿，占15.6%。联合国发布的《世界人口展望2024》数据显示，2035年我国60岁及以上人口将达 到4.22亿人，占总人口的30.7%，65岁及以上人口占比22.8%，进入重度老龄化阶段。到2050年，60岁及 以上人口比例将达到40.0%，65岁及以上人口比例将达到30.9%。 (二)养老金融的定义与主要形式。养老金融涵盖一切为应对养老需求而展开的金融活动，主要包括养老 金金融、养老服务金融和养老产业金融三大领域。 养老金金融通过养老金制度和资产管理为老年群体的生活提供经济保障，目前已建立了国际通行的三支 柱体系。第一支柱为政府主导的基本养老保险，第二支柱为企业年金和职业年金，第三支柱为个人储蓄 养老计划。截至2024年底，我国基本养老保险参保人数达到 ...

Investment Rating - The report does not explicitly provide an investment rating for the industry Core Insights - The report emphasizes the need for reforms in pension systems to ensure fiscal sustainability and adequate benefits in the context of global population aging [7] - It highlights the challenges of extending pension coverage to informal sector workers and stresses the importance of gender equity in pension provision [7] - The report concludes with recommendations for adapting pension systems to evolving economic and demographic realities, advocating for inclusive and sustainable solutions [7] Summary by Sections Aging Will Define the Evolution of Pensions and Social Insurance in the Coming Years - Population aging is a significant megatrend affecting economies and societies, necessitating adjustments in pension systems to manage the risks associated with a declining active population [13][14] - Countries with aging populations must adapt their pension systems to ensure adequate retirement income for an increasing number of retirees [31] Aging Will Affect All Regions of the World, Many at a Rapid Pace - By 2050, all regions except Sub-Saharan Africa are expected to have at least 15% of their populations aged 65 and over, indicating a global trend towards aging [25][26] - South Asia and the Middle East and North Africa will experience rapid aging, with significant implications for growth and productivity [26][27] Contributory and Social Pensions as Instruments for Income Protection in Retirement - The report analyzes government-mandated pension plans, including both contributory and non-contributory pension programs, to assess their effectiveness in providing income protection [33][34] - It utilizes data from the ASPIRE database to evaluate trends in pension expenditure and coverage across various countries [34] Pension Expenditures Are Significantly Affected by the Level of Aging - There is a positive correlation between the aging population and pension expenditure, with higher levels of aging leading to increased pension costs [46][48] - Regions like Europe and Central Asia exhibit the highest pension expenditures, averaging 7.4% of GDP, while Sub-Saharan Africa has the lowest at around 1% [53] Coverage of Pensions and Social Insurance - The extent of coverage in pension systems is largely determined by the level of formal employment and the demographic structure of the population [77] - High labor informality and unemployment rates limit the effectiveness of contributory pension programs, impacting overall coverage [77]

Ping An Bank (000001) H2 2024 Earnings Call March 13, 2025 07:00 PM ET Speaker0 Dearly investors, analysts and friends from the press, welcome to Ping An Bank twenty twenty four Annual Results Announcement. I am the Board Secretary, Cho Chang. Today's annual results announcement similarly in addition to our on-site event, we have also arranged conference call and also we have the video live streaming on Pocket app and also provide our simultaneous translation service for overseas investors. At the same time ...