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B. Riley Financial Announces Private Bond Exchange to Reduce Debt by Approximately $46 Million
Prnewswire· 2025-05-21 12:00
LOS ANGELES, May 21, 2025 /PRNewswire/ -- B. Riley Financial, Inc. (NASDAQ: RILY) ("BRF" or the "Company"), a diversified financial services company, today announced it has entered into a privately negotiated exchange agreement (the "Agreement") with an institutional investor, which will reduce the Company's total outstanding debt by approximately $46 million. Pursuant to the Agreement and subject to the completion of certain closing procedures, the investor has agreed to exchange approximately $139 million ...
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]
新力金融: 安徽新力金融股份有限公司第九届监事会第十五次会议决议公告
Zheng Quan Zhi Xing· 2025-05-21 11:16
证券代码:600318 证券简称:新力金融 公告编号:临 2025-023 安徽新力金融股份有限公司 第九届监事会第十五次会议决议公告 本公司监事会及全体监事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏,并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、监事会会议召开情况 经出席本次会议的全体监事审议,以投票表决方式全票通过以下议案: 审议通过《关于收购控股子公司少数股东股权事项的议案》 为提升经营管理效率和盈利能力,增强公司对控股子公司的控制,优化控股 子公司的股权结构,公司拟以现金 7,371,000 元收购天津润鑫机械设备合伙企业 (有限合伙)持有的安徽德润融资租赁股份有限公司(以下简称"德润租赁") 程有限责任公司持有的合肥德善小额贷款股份有限公司(下简称"德善小贷") 例将由 59.2806%增至 59.9235%的股权,持有德善小贷股权比例将由 56.5076%增 至 57.5682%的股权。 监事会认为:公司本次收购控股子公司少数股东股权暨关联交易程序符合 《公司法》《上海证券交易所股票上市规则》等相关法律法规及《公司章程》的 规定,本次交易不会导致公司合并范围发生变化, ...
2025清华五道口全球金融论坛主题讨论七丨2025中国经济展望暨《中国金融政策报告2025》发布
清华金融评论· 2025-05-21 10:20
2025年5月17日—18日,2025清华五道口全球金融论坛在广东省深圳市成功召开。18日上午,"主题讨论 七:2025中国经济展望暨《中国金融政策报告2025》发布"顺利举办。会议围绕《中国金融政策报告 2025》的发布,聚焦中国金融发展的实践与方向,邀请金融学界、业界的重要专家学者、相关领导,共 同探讨实现金融强国、促进经济高质量发展的路径与策略。 本次主题讨论由清华大学五道口金融学院《中国金融政策报告》项目执行负责人、原国泰君安证券股份 有限公司首席经济学家何海峰主持。中国人民银行金融研究所所长丁志杰发布《中国金融政策报告 2025》。中国国际经济交流中心副理事长、国务院发展研究中心原副主任、 中国人民银行货币政策委 员会委员王一鸣,神州数码信息服务集团股份有限公司联席董事长王永利,第十四届全国政协常委、全 国政协经济委员会委员李瑶发表演讲并进行圆桌讨论。 《报告》回顾了2024年中国特色现代金融体系取得的主要成就和工作。一是建立健全科学稳健的金融调 控体系。包括:稳中求进,强化逆周期和跨周期调节;金融调控更好发挥总量和结构双重功能;牢牢守 住金融安全底线。二是建立健全结构合理的金融市场体系,金融市场体 ...
Verisk Welcomes Christopher Perry and Sabra Purtill to its Board of Directors
GlobeNewswire News Room· 2025-05-20 20:10
Group 1 - Verisk has elected Christopher J. Perry and Sabra R. Purtill to its Board of Directors, effective immediately [1][2] - Perry is the president of Broadridge Financial Solutions, while Purtill is an experienced executive in insurance and financial services, currently advising at American International Group [1][2] - The addition of Perry and Purtill is expected to enhance Verisk's strategic direction in data analytics and technology for the global insurance industry [2] Group 2 - Verisk is recognized as a leading strategic data analytics and technology partner for the global insurance industry, focusing on improving operational efficiency and underwriting outcomes [3] - The company utilizes advanced data analytics, software, and scientific research to address global risks, including climate change and sustainability [3] - Verisk operates in over 20 countries and promotes an inclusive culture, consistently earning certification as a Great Place to Work [3]
Fiserv, Inc. (FI) Barclays 15th Annual Emerging Payments and FinTech Forum (Transcript)
Seeking Alpha· 2025-05-20 20:07
Core Viewpoint - Fiserv management expresses strong confidence in achieving full-year commitments despite recent challenges, particularly regarding Clover's performance and revenue growth [5][6]. Group 1: Financial Performance - Clover's revenue for the first quarter showed a growth of 27%, following a 30% growth in the same quarter of the previous year, indicating robust performance [7]. - The company reaffirms its target of $3.5 billion in revenue for Clover, alongside commitments to organic revenue growth in the merchant and financial solutions sectors [6]. Group 2: Market Outlook - The reported Gross Payment Volume (GPV) for the first quarter and the outlook for the second quarter at 8% were noted as a surprise or disappointment, highlighting potential market challenges [7].
Wall Street Analysts Predict a 31.01% Upside in Oportun Financial (OPRT): Here's What You Should Know
ZACKS· 2025-05-20 15:01
Oportun Financial Corporation (OPRT) closed the last trading session at $6.90, gaining 57.8% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $9.04 indicates a 31% upside potential.The mean estimate comprises seven short-term price targets with a standard deviation of $1.70. While the lowest estimate of $6.50 indicates a 5.8% decline from the current price level, the most optimistic ...
Block Reports Its Businesses Have Extended Over $100 Billion in Credit
PYMNTS.com· 2025-05-20 14:53
Block said Monday (May 19) that since the launch of its credit products, it has extended over $100 billion in credit while keeping its loss rates “low.”The company uses a combination of near real-time data, technology and customer-first design, rather than traditional credit scores, Block said in a Monday press release.“More importantly, we’re proving that expanding access doesn’t mean increasing risk,” the release said. “Our loss rates are consistently low, and we’ve shown we can approve more customers tha ...
Caisse Française de Financement Local: EMTN 2025-8 SOCIAL
Globenewswire· 2025-05-20 14:43
Paris, 20 May 2025 Capitalised terms used herein shall have the meaning specified for such terms in the Caisse Française de Financement Local base prospectus to the €75,000,000,000 Euro Medium Term Note Programme dated 8 July 2024 (the “Base Prospectus”). Caisse Française de Financement Local has decided to issue on 22 May 2025 – Euro 500,000,000 Fixed Rate Obligations Foncières due 22 May 2037. The net proceeds of this issue will be used to finance and/or refinance, in whole or in part, the Eligible Soc ...
Wall Street Cuts Virtu Financial's Outlook: How to Play the Stock?
ZACKS· 2025-05-20 13:55
Virtu Financial, Inc. (VIRT) , a prominent name in the financial services space, is under scrutiny as analysts trim their earnings projections for 2025 and 2026. While the company extended its streak of earnings beat in the first quarter, sentiment has weakened due to downward revisions in forward estimates.The Zacks Consensus Estimate for Virtu Financial’s 2025 and 2026 adjusted earnings now stands at $3.97 and $3.83 per share, respectively, reflecting week-over-week declines of 0.5% and 1%. Though 2025 es ...