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Following the Resumption of Federal Collection Activities in May, Nearly One in Three Federal Student Loan Borrowers Find Themselves at Risk for Default
Globenewswire· 2025-06-24 12:00
New TransUnion analysis finds record number of borrowers 90 or more days past due, with many only weeks away from potentially defaulting CHICAGO, June 24, 2025 (GLOBE NEWSWIRE) -- Less than two months since the U.S. Department of Education resumed collections activities among defaulted federal student loan borrowers, new research from TransUnion (NYSE: TRU) reveals that the number of consumers delinquent on student loans and at risk for entering default continues to climb. The analysis will be featured in a ...
Navient (JSM) 2025 Earnings Call Presentation
2025-06-24 09:26
"A year ago, we announced three ambitious strategic actions – outsourcing servicing, divesting our business processing businesses, a non- strategic asset, and a more cost efficient and streamlined structure. We are pleased to say that we achieved our 2024 objectives against an aggressive timeline. These actions provide clear line of sight to our expense reduction targets, deliver value and position us for the future. We accomplished these steps while at the same time achieved strong loan origination growth, ...
高盛:浦发银行_亚洲金融企业日要点
Goldman Sachs· 2025-06-23 02:09
17 June 2025 | 6:23PM HKT Shanghai Pudong Development Bank (600000.SS): Asia Financials Corporate Day Takeaways We hosted Shanghai Pudong Development Bank (SPDB, Not Covered) investor relations team at Asia Financials Corporate Day and summarize the key takeaways as follows: Claire Ouyang +852-2978-6686 | claire.x.ouyang@gs.com Goldman Sachs (Asia) L.L.C. Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm may have ...
X @Investopedia
Investopedia· 2025-06-23 00:00
Millions of student loan borrowers who are on the verge of retiring should consider some options, like waiting a couple more years to finish paying off their loans or budgeting with their retirement income in mind. https://t.co/h2iMiG8XMU ...
Anoto Group AB has raised USD 250,000 pursuant to a second tranche under existing convertible loan agreement
Globenewswire· 2025-06-20 20:00
Anoto Group AB (publ) (“Anoto” or the “Company”) today announces that a second tranche of USD 250,000 has been advanced under the existing convertible loan agreement. Under the terms of the agreement the lender will provide a secured loan of USD 250,000 with conversion rights. The loan will be repaid in twelve (12) equal monthly instalments beginning on October 28, 2025, with a final maturity date of October 28, 2026. The outstanding principal will accrue interest at a rate of 10.00% per annum. Interest is ...
Experienced Leader Owen James Promoted to President of PRA Group Europe
Prnewswire· 2025-06-18 20:41
Promotion Builds on Successful 13-Year Career at PRA Group, Most Recently Overseeing Record Portfolio Investments as Global Investments OfficerNORFOLK, Va., June 18, 2025 /PRNewswire/ -- PRA Group, Inc. (Nasdaq: PRAA), a global leader in acquiring and collecting nonperforming loans, has promoted Owen James to president of PRA Group Europe. As president of PRA Group Europe, James will provide leadership across 15 markets in Europe, Canada and Australia. He will also be responsible for overseeing portfolio in ...
Okeanis Eco Tankers Corp. – New Loan Agreement
GlobeNewswire News Room· 2025-06-17 20:15
ATHENS, Greece, June 17, 2025 (GLOBE NEWSWIRE) -- Okeanis Eco Tankers Corp. (the “Company” or “OET”) (NYSE:ECO / OSE:OET), announced today that it has entered into a new $65.0 million secured term loan facility, to finance the previously announced declaration of its option to purchase back the Nissos Kea from its current sale and leaseback financier. The term loan facility is provided by a syndicate of banks, led and arranged by E.SUN Commercial Bank, Ltd. It contains an interest rate of Term SOFR plus 135 ...
LHV Group results for May 2025
Globenewswire· 2025-06-17 05:00
May for LHV was characterised by the rapid growth of the loan portfolio. Profitability was impacted by the ongoing decline in interest rates and the partial reversal of previous impairments. LHV Group’s consolidated loan portfolio grew by EUR 104 million in May. At the same time, the total volume of deposits decreased by EUR 34 million. The volume of funds managed by LHV decreased by EUR 11 million over the month. In May, 6.7 million payments related to financial intermediaries were made. In May, AS LHV Gro ...
X @Investopedia
Investopedia· 2025-06-14 16:00
The House of Representatives passed a budget bill that would consolidate repayment options for student loan borrowers. The proposed income-driven repayment plan would be less expensive for single borrowers but more expensive for those with families. https://t.co/Ynh0ZmRKyu ...
Atico Mining Announces Execution of Term Sheet with Trafigura to Restructure Outstanding Credit Facility
Globenewswire· 2025-06-13 21:52
VANCOUVER, British Columbia, June 13, 2025 (GLOBE NEWSWIRE) -- Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) announces that, further to its press release dated June 9, 2025, it has entered into a term sheet with Trafigura PTE. LTD. (the “Trafigura”) regarding an amendment and extension of the Company’s existing secured credit agreement (the “Credit Agreement”) with Trafigura and certain subsidiaries of the Company, of which US$8.7 million remains outstanding (the “Principal A ...