Day: November 19, 2021

Freddie Mac Prices $160 Million Multifamily When-Issued K-Deal®, WI-K747

Written by Customer Service on November 19, 2021. Posted in Public Companies.

MCLEAN, Va., Nov. 19, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Multifamily WI K-Deal Certificates (WI Certificates), which are initially backed by cash assets that will be used to purchase the A-M class of a to-be-issued reference K-Deal. Once the reference K-Deal class is issued and purchased by the WI trust, the WI Certificates will be indirectly backed by a pool of fixed-rate multifamily mortgages with predominantly 7-year terms. The company expects to issue approximately $160 million in WI Certificates (Series WI-K747), which are expected to settle on or about November 23, 2021. WI-K747 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Spread (bps) Coupon Yield Dollar PriceA-M $160.000 7.26 S+24 1.75200% 1.74188% $99.9950DetailsCo-Lead Managers and...

First Fed Bank Releases SASB Report

Written by Customer Service on November 19, 2021. Posted in Public Companies.

PORT ANGELES, Wash., Nov. 19, 2021 (GLOBE NEWSWIRE) — First Northwest Bancorp (NASDAQ: FNWB), releases first report following framework set by Sustainable Accounting Standards Board (SASB). The SASB Fact Sheet communicates the environmental, social, and governance (ESG) initiatives, actions, and results. “As a community bank, our commitment to local communities goes far beyond offering financial products, services, and expertise. We are dedicated to ensuring the long-term sustainability of our region,” stated Matt Deines, President and CEO of First Fed. “Our investments in sustainability will drive long-term value for all our stakeholders.” Recent ESG achievements include implementing of e-records and e-signature technologies resulting in waste reduction; launching an internal Diversity, Equity, and Inclusion (DEI) program; and...

Skeljungur hf .: Outcome of a court case in Norway

Written by Customer Service on November 19, 2021. Posted in Public Companies.

As Skeljungur has previously revealed, Marine Supply AS filed a lawsuit in Norway against the former management of Skeljungur and P/F Magn and the companies themselves and demanded recognition of joint liability for alleged breaches of a confidentiality agreement. Today, the district court of Tromsø pronounced its verdict, accepting the claim of Marine Supply AS and acknowledging the joint liability of the former management of P/F Magn and Skeljungur and the companies themselves. The convicts disagree with the verdict and will therefore appeal the verdict. The ruling has no effect on Skeljungur’s proposed sale of P/F Magn in the Faroe Islands. It shall be stated that no financial claim has been made in connection with the case. It is the opinion of Skeljungur’s counsels that no damage was caused as a result of the conduct for...

Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets

Written by Customer Service on November 19, 2021. Posted in Public Companies.

$MJWL Majic Reports First Consolidated Financials with Revenues of 6.28 Million in Revenues & 173 Million in Assets$MJWL – Q3 2021Houston, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) — Majic Wheels, Corp. (OTC Pink: MJWL) (“Majic” or the “Company”), a Delaware corporation, that is positioning itself as a player in the disruptive industries of fintech and software development. Majic’s CGCX subsidiary has a Digital Asset Platform that brings value from the diversified business model and security to the clients through insurance and infrastructure offering services such as Crypto Exchange, Digital Custody Services and Token Listing Platform under one-fold and developing various software solutions for the broad blockchain industry. The Company is happy to report that it has posted its...

Freddie Mac Prices $1.1 Billion Multifamily K-Deal, K-134

Written by Customer Service on November 19, 2021. Posted in Public Companies.

MCLEAN, Va., Nov. 19, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.1 billion in K Certificates (K-134 Certificates), which are expected to settle on or about November 24, 2021. K-134 PricingClass Principal/Notional Amount (mm) Weighted Average Life (Years) Spread (bps) Coupon Yield Dollar PriceA-1 $88.531 7.11 S+17 1.71400% 1.70330% $99.9972A-2 $906.396 9.86 S+24 2.24300% 1.90039% $102.9979A-M $186.549 Sold via WI-K134X1 $994.927 Non-OfferedXAM $186.549 Non-OfferedX3 $62.184 9.75 T+280 2.66055% 4.37399% $21.2469*For more information on Freddie Mac’s...

Proactive news headlines including Alibaba, Fireweed Zinc, Sigma Lithium, Todos Medical and MedX

Written by Customer Service on November 19, 2021. Posted in Mergers And Acquisitions.

New York, Nov. 19, 2021 (GLOBE NEWSWIRE) — Proactive, provider of real-time news and video interviews on growth companies listed in the US and Canada, has covered the following companies: Alibaba shares slump as growth stalls click here Cloud DX has officially launched its Maternal Health Track program on e-commerce site babydoppler.com click here CleanSpark buys more bitcoin mining machines; says spot market pricing is favorable click here PsyBio Therapeutics announces expansion of its intellectual property portfolio by filing six additional patent applications click here Fireweed Zinc promotes Cindy Chiang to role of chief financial officer click here Sigma Lithium says it’s on track to begin commercial production at its Grota do Cirilo project in Brazil in 2022 click here CytoDyn says its research paper on leronlimab accepted...

Old National Bank ranked the #1 Indiana-based SBA 7a Lender

Written by Customer Service on November 19, 2021. Posted in Public Companies.

EVANSVILLE, Ind., Nov. 19, 2021 (GLOBE NEWSWIRE) — Old National Bank has achieved the number one Indiana-based lender ranking and the number two overall lender ranking in the state of Indiana according to the SBA’s 2021 fiscal year 7a state loan volume rankings*. The report showed significant movement for Old National Bank’s SBA 7a loan growth in fiscal year 2021 in key states across its footprint. In the Minnesota region, Old National Bank maintained the number two lender ranking and grew SBA 7a loan volume by 65%. In Michigan, Old National Bank grew SBA 7a loan volume by 129%. Significant growth was also achieved in Kentucky and Wisconsin, with 59% and 76% SBA 7a loan volume growth, respectively. Combined, this reflects significant 7a lending growth for Old National Bank, doubling the loan volume to $141 million in the SBA’s...

One World Universe, Inc. to Announce 3 Acquisitions by Year End

Written by Customer Service on November 19, 2021. Posted in Mergers And Acquisitions.

HUNTINGTON BEACH, CA, Nov. 19, 2021 (GLOBE NEWSWIRE) — via NewMediaWire — One World Universe Inc. (OTC: OWUV), a publicly traded company that invests in sports related businesses, distressed assets, business opportunities within emerging industries and providing humanitarian efforts in over 185 countries, is happy to announce it has plans to add 3 new businesses by the end of 2021. Over the last quarter, management has positioned themselves to expand upon their holdings in order to add value to both the company and its shareholders. The team has had multiple meetings with entrepreneurs, celebrities, and large shareholders to discuss a wide array of business opportunities. Two are in the final stages of negotiations and the 3rd is developing, yet management is confident it will announce 3 acquisitions by Dec 31, 2021. Company...

Abaxx announces the return of the SmarterMarkets™ podcast and launch of multi-media platform featuring David Greely

Written by Customer Service on November 19, 2021. Posted in Public Companies.

TORONTO, Nov. 19, 2021 (GLOBE NEWSWIRE) — Abaxx Technologies Inc., (NEO:ABXX)(OTCQX:ABXXF) (“Abaxx” or the “Company”), a financial software company, majority shareholder of Abaxx Singapore Pte. Ltd., the Abaxx Commodity Exchange (ACX), and producer of the SmarterMarkets™ Podcast, is returning with a new multi-media platform. Highlights:The SmarterMarkets™ Podcast is returning to air on Saturday, November 20, 2021 SmarterMarkets™ Media multimedia platform to leverage ID++ protocol Abaxx Chief Economist David Greely to lead research and editorial Energy Transition Series hosted by Susan Sakmar and David Greely Daniel Yergin returns as featured guestSmarterMarkets™ Media The SmarterMarkets™ Podcast returns on Saturday, November 20, 2021. The podcast was created as a forum for the entrepreneurs and executives of commodities,...

Exela Named Leader in Everest Group’s Intelligent Automation in Healthcare – Solutions PEAK Matrix® Assessment 2022

Written by Customer Service on November 19, 2021. Posted in Public Companies.

Everest Group’s Intelligent Automation in Healthcare – Solutions PEAK Matrix® Assessment 2022Everest Group’s Intelligent Automation in Healthcare – Solutions PEAK Matrix® Assessment 2022IRVING, Texas, Nov. 19, 2021 (GLOBE NEWSWIRE) — Exela Technologies, Inc. (“Exela”) (NASDAQ: XELA), a leading provider of Business Process Automation solutions, today announced that it has been recognized as a ‘Leader’ in the first edition of Everest Group’s Intelligent Automation in Healthcare – Solutions PEAK Matrix® Assessment 2022. This report provides a detailed analysis and assessment of 18 operations service providers featured on the Intelligent Automation in Healthcare – Solutions PEAK Matrix®. The assessment considers providers’ positioning in terms of market impact as well as their vision and capability. A photo accompanying...

Day: November 19, 2021

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