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Month: September 2020

Freddie Mac Announces Pricing of $368 Million Multifamily Small Balance Loan Securitization

MCLEAN, Va., Sept. 11, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announces the pricing of the SB78 offering, a multifamily mortgage-backed securitization backed by small balance loans underwritten by Freddie Mac and issued by a third-party trust. The company expects to issue approximately $368 million in SB Certificates (SB78 Certificates), which are expected to settle on or about September 18, 2020. Freddie Mac Small Balance Loans generally range from $1 million to $7.5 million and are generally backed by properties with five or more units. This is the ninth SB Certificate transaction in 2020.SB78 PricingDetails:Co-Lead Managers and Joint Bookrunners: Credit Suisse Securities (USA) LLC and Wells Fargo Securities, LLCCo-Managers: CastleOak Securities, L.P., Oppenheimer & Co., Piper Sandler & Co. and Stifel, Nicolaus...

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Application to Set Aside Arbitral Award

Not for distribution to the U.S. news wire services, or dissemination in the United States.HONG KONG, Sept. 11, 2020 (GLOBE NEWSWIRE) — Primeline Energy Holdings Inc. (“Primeline” or the “Company”), announces that it has applied in the High Court of the Republic of Singapore to set aside the award in its previously announced arbitration with CNOOC and China National Offshore Oil Corporation (the “Award”) on the basis of procedural breaches leading to a breach of the rules of natural justice.  No date for a hearing of the application has been fixed.Primeline also announces that as a result of the previously announced cease trade order issued against it by the British Columbia Securities Commission, trading in its shares on the TSX Venture Exchange has been suspended.About Primeline Energy Holdings Inc.Primeline is an exploration...

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Malaga Financial Corporation Announces 65ᵗʰ Consecutive Quarterly Cash Dividend

PALOS VERDES ESTATES, Calif., Sept. 11, 2020 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF) announced today the declaration of a cash dividend in the amount of 25 cents per share to shareholders of record on September 24, 2020.  The dividend will be paid out on or about October 1, 2020.  Randy C. Bowers, Chairman, President and CEO, remarked, “We are pleased to announce the 25 cent quarterly dividend which represents a 4.56% annualized yield based on our most recent closing price of $21.94. We are proud of the dedication of our colleagues in serving our clients during this very difficult period of time. We continue to conduct normal banking activity Monday-Friday at our branches in addition to offering online banking solutions 24-7. We are extremely grateful for the efforts of our staff and the loyalty of our clients.”Malaga...

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Malaga Financial Corporation Announces the Retirement of Founding Director Leo Lee and Two New Appointments to Its Board of Directors

PALOS VERDES ESTATES, Calif., Sept. 11, 2020 (GLOBE NEWSWIRE) — Malaga Financial Corporation (OTCPink:MLGF) – Randy Bowers, Chairman of the Board and President/CEO, today announced the retirement of founding director, Leo Lee, from the Board of Directors of Malaga Financial Corporation and its wholly owned subsidiary Malaga Bank, FSB.Mr. Bowers remarked, “We are extremely grateful to Mr. Leo Lee for his more than 35 years of service on the boards of both Malaga Financial Corporation and Malaga Bank. Mr. Lee’s wisdom and business judgment were invaluable to the success of the bank, including his term as Chairman of the Board in 2013-2014.”  Mr. Lee offers his resignation so he can attend to family matters in Taiwan, and will continue to be a part of the Malaga family and the bank he helped establish.Bowers also announced the...

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Smart Elevators Market Worth USD 38.27 Billion at 9.1% CAGR by 2027 Backed by Increasing Focus on Developing Advanced Infrastructure in North America

Pune, Sept. 11, 2020 (GLOBE NEWSWIRE) — The global smart elevator market size is expected to gain momentum by exhibiting a CAGR of 9.1% between 2020 and 2027. This is attributable to the increasing focus on introducing autonomous technology and the surging demand for efficient elevators across construction sector that reduce operational costs across the globe. Fortune Business Insights, in its latest report, titled, “Smart Elevator Market Size, Share & COVID-19 Impact Analysis, By Setup (New Deployment, Modernization and Maintenance), By Installation (Low & Mid Rise and High Rise), By Carriage (Passenger and Freight), By Application (Residential, Commercial and Industrial) and Regional Forecast, 2020-2027.”, mentions that the market stood at USD 18.75 billion in 2019 and is projected to reach USD 38.27 billion by 2027.Click...

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Martinrea International Inc. to Present at the 19th Annual CIBC Eastern Institutional Investor Conference

TORONTO, Sept. 11, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced Rob Wildeboer, Executive Chairman, Pat D’Eramo, President and Chief Executive Officer and Fred Di Tosto, Chief Financial Officer will present at the CIBC 19th Annual Eastern Institutional Investor Conference  – Virtual Format on Thursday, September 17, 2020 (schedules are subject to change without further notice).Messrs. Wildeboer, D’Eramo and Di Tosto will be speaking on the Company’s general business and strategy as outlined in the Company’s investor presentation posted on www.martinrea.com and in the Company’s most recent Annual Information Form, and...

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Contract Audit: Building Self-Funded, Lower-Touch, High-ROI Programs

ATLANTA, Sept. 11, 2020 (GLOBE NEWSWIRE) — PRGX Global, Inc. (Nasdaq: PRGX), a global leader in recovery audit and spend analytics services, announced its recent webinar, “Contract Audit: Building Self-Funded, Lower-Touch, High-ROI Programs,” is now available for viewing.Contract audit programs not only help companies recover millions of dollars in lost profit each year by reviewing vendor contracts for existing or potential cash leakage but also verify compliance to identify corrective actions. However, most procurement departments lack the bandwidth and expertise necessary to conduct a robust, in-depth contract audit program, which can lead to significant profit leakage over time.Hosted by three contract compliance experts, PRGX’s “Contract Audit: Building Self-Funded, Lower-Touch, High-ROI Programs” webinar outlines how procurement...

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PHARMAGEST INTERACTIVE : AGE du 25 septembre 2020 – Avis de convocation

Villers-lès-Nancy, le 11 septembre 2020 – 18h00 (CET)   COMMUNIQUE DE PRESSECONVOCATION A L’ASSEMBLEE GENERALE EXTRAORDINAIRE DU 25 SEPTEMBRE 2020L’Assemblée Générale Extraordinaire de PHARMAGEST INTERACTIVE est convoquée pour le vendredi 25 septembre 2020 à 17 heures 30, au Siège Social de la Société – 5 Allée de Saint Cloud à Villers-lès-Nancy.Dans le contexte de l’épidémie de COVID-19, cette Assemblée Générale Extraordinaire se tiendra exceptionnellement à huis clos.L’avis préalable de réunion a été publié au Bulletin des Annonces Légales Obligatoires (BALO) du 19 août 2020. L’avis de convocation a été publié le 9 septembre 2020 au BALO ainsi que dans le journal d’annonces légales Les Tablettes Lorraines.L’ordre du jour, le projet des résolutions proposées au vote des actionnaires par le Conseil d’Administration...

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