Year: 2021
In line with Norges Bank’s decision to raise the base rate, SpareBank 1 SMN is to raise its interest rates on mortgages and deposits by up to 0.25 percentage point. Green first-home mortgages will be the bank’s cheapest ordinary loan at 1.60 per cent.
The background for the interest rate change is the decision by Norges Bank (Norway’s central bank), taken at its interest rate meeting on 16 December, to raise the base rate. This affects the cost of the money that the banks borrow in order to lend to their customers.
“It was expected that Norges Bank would increase the base rate again in December, from a historically low level. Despite the increase in Covid19-cases, the interest hike is a sign that the Norwegian economy is doing well”, says Nelly Maske, executive director at Retail Banking, SpareBank 1 SMN.
SpareBank...
Brookfield Closes $4 Billion Commercial Real Estate Debt Fund
Written by Customer Service on . Posted in Public Companies.
BROOKFIELD, NEWS, Dec. 17, 2021 (GLOBE NEWSWIRE) — Brookfield announced today it has closed its latest flagship real estate debt fund, Brookfield Real Estate Finance Fund VI (BREF VI), with total capital commitments of over $4 billion, exceeding an initial target of $3 billion.
A diverse group of nearly 50 LPs committed to BREF VI, including public and private pension plans, labor organizations, endowments and foundations, financial institutions, and insurance companies. The United States, Canada, Europe, and Asia Pacific are all represented among the investors in the Fund.
Brookfield committed $400 million to the fund highlighting its longstanding alignment of interests with investors.
Andrea Balkan, Managing Partner who oversees the Fund, said, “Our fundraising effort has gone exceptionally well, and we appreciate the strong...
How to Follow the Fourth Round of the Le Mans Virtual Series by Motorsport Games, Kicking Off This Weekend on December 18
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Drivers will be respecting the bumps at the 500 Miles of Sebring on Saturday at 7:30 am EDTLe Mans Virtual Series Sebring RaceLast race of 2021MIAMI, Dec. 17, 2021 (GLOBE NEWSWIRE) — The final Le Mans Virtual Series round of 2021, the 500 Miles of Sebring, takes place tomorrow (Saturday, December 18) on the legendary and historic Sebring International Raceway (FL) track layout. The approximately four hours of racing will provide a last opportunity for teams to pit their strategic wits and for drivers to display their skill, experience, and knowledge prior to the 24 Hours of Le Mans Virtual final that will be held entirely online in January. This race may yet prove to be one of the most challenging to date for the competitors.
The fourth of five rounds for the 2021-22 season will see 114 pro and sim race drivers...
Tecnoglass Disputes Allegations in Short Seller Report and Remains Committed to Transparency, Ethical Conduct, and Compliance with All Applicable Laws
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– Company’s Board of Directors Forms Special Committee of Independent Directors to Analyze Issues Raised in Report with Assistance of Leading International Law Firm –
– Company Reaffirms Recently Increased Full Year 2021 Growth Outlook –
BARRANQUILLA, Colombia , Dec. 17, 2021 (GLOBE NEWSWIRE) — Tecnoglass, Inc. (NASDAQ: TGLS) (“Tecnoglass” or the “Company”), a leading manufacturer of architectural glass, windows, and associated aluminum products serving the global residential and commercial end markets, today announced that the Company’s Board of Directors (the “Board”) has formed a Special Committee of independent directors (the “Special Committee”). The Special Committee has retained Covington & Burling LLP, which will be supported by a leading global accounting firm, to assist the Special Committee...
Resgreen Group Provides Update
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Shelby Township, Michigan, Dec. 17, 2021 (GLOBE NEWSWIRE) — Resgreen Group International (OTC PINK: RGGI), a leading mobile robot company, provided an update of activity since the Assembly Show in Rosemont, IL.
Parsh Patel stated, “We have been extremely busy returning requested information regarding the stable of its Autonomous Mobile Robots (AMR), Flagship AGV, PullBuddy and now LilBuddy, the Light Load version of PullBuddy that performs its own path planning, always selecting the shortest distance to its destination, and detecting obstacles in its way.
I have reestablished past relationships in the AMR industry and along with my staff have forged new ones. We have also been asked and have submitted proposals to several substantial companies in a variety of industrial sectors requiring material handling, The company has also...
FirstCash Completes Acquisition of American First Finance
Written by Customer Service on . Posted in Mergers And Acquisitions.
Establishes Entry into Large and Growing Lease to Own and Point-of-Sale Payment Space
FORT WORTH, Texas, Dec. 17, 2021 (GLOBE NEWSWIRE) — FirstCash Holdings, Inc. (“FirstCash” or the “Company”) (Nasdaq: FCFS) today announced that it has closed its previously announced acquisition of American First Finance (“AFF”). The completion of the acquisition establishes FirstCash’s entry into the large and growing lease to own and point-of-sale payment space.
“This is an exciting day as we welcome AFF to the FirstCash team,” said Rick Wessel, FirstCash’s chief executive officer. “Together, we are well positioned to drive further expansion and growth in both pawn and the complementary retail point-of-sale payment space and further diversify our revenue opportunities, while serving our customers with a wider set of innovative capabilities.”
In...
Blink Charging To Unveil Suite of Next-Generation Electric Vehicle Charging Products at CES 2022
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Seven new products will service home, fleet, multifamily and retail locations
Miami Beach, FL, Dec. 17, 2021 (GLOBE NEWSWIRE) — Blink Charging Co. (Nasdaq: BLNK, BLNKW) (“Blink” or the “Company”), a leading owner and operator of electric vehicle (EV) charging equipment and services, will unveil seven new products at the annual Consumer Electronics Show (CES) taking place in Las Vegas next month.
The new EV charging equipment, including both Level 2 and DC Fast Chargers, offer next-generation EV charging technology across the EV ecosystem, including home, fleet, multifamily and retail locations. Blink will also launch a new network and accompanying mobile app that enable a more seamless, efficient, and affordable charging experience for fleets and consumers.
Blink Charging offers the industry’s only complete, end-to-end solution...
EzFill Announces Branding and Marketing Partnership with Wonderfield
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–Leading Florida-Based Mobile Fueling Company to Debut New Marketing Campaign in January—
MIAMI, FL, Dec. 17, 2021 (GLOBE NEWSWIRE) — EzFill Holdings, Inc. (“EzFill” or the “Company”) (NASDAQ: EZFL), a pioneer and emerging leader in the on-demand mobile fuel industry, announced today it has formed a new branding and marketing partnership with Wonderfield, a leading digital creative agency.
“Wonderfield has worked with some of today’s most innovative and creative companies, making it an ideal partner as we continue to expand our service offerings throughout Florida and beyond,” said Mike McConnell, CEO of EzFill. “The need for on-demand mobile fueling is growing at a rapid pace, and we believe Wonderfield’s branding and marketing expertise will help EzFill build a position as a national leader in the industry.”
The rebranding...
Puma Exploration Closes C$5,000,000 Brokered Private Placement
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RIMOUSKI, Quebec, Dec. 17, 2021 (GLOBE NEWSWIRE) — Puma Exploration Inc. (TSXV: PUMA) (the “Company” or “Puma”) announces that it has completed its previously announced brokered private placement. Pursuant to the Offering, a total of 10,000,000 flow-through common shares (the “Flow-Through Shares”) of the Company were sold at a price of C$0.50 per Flow-Through Share (the “Offer Price”) for total gross proceeds of C$5,000,000 (the “Offering”). Desjardins Capital Markets acted as sole bookrunner and agent (the “Agent”).
“I am so proud of Puma’s excellent and dedicated work on the Williams Brook property this year. Our discovery hole at the Lynx gold zone of the O’Neil Gold Trend was outstanding. I expect to continue to provide positive results in...
SpareBank 1 SMN: Trade subject to notification for primary insiders
Written by Customer Service on . Posted in Public Companies.
Kjetil Reinsberg, CEO of EiendomsMegler 1 Midt-Norge AS and member of SpareBank 1 SMN`s group management, has 13 Deccember 2021 purchased 44 equity capital certificates in SpareBank 1 SMN (MING) at a price of NOK 141.09 per equity capital certificate in relation to the groups employee savings program – https://live.euronext.com/en/listview/company-press-release/73976#CompanyPressRelease-7870274
Kjetil Reinsberg will after the transaction own 16,159 equity certificates.
This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act
