HANOI, VIETNAM, Nov. 9 (Korea Bizwire) - Moody’s Investors Service has just upgraded the baseline credit assessment (BCA) and adjusted BCA of Vietnam International Bank (VIB) to B1 and Counterparty Risk Assessment (CRA) to Ba3. Previously, right after upgrading the Government of Vietnam’s long-term issuer and senior unsecured ratings to Ba3 from B1, Moody’s upgraded the long-term [...]
VICTOR, N.Y., Oct. 22 (Korea Bizwire) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it priced the public offering of $2.15 billion aggregate principal amount of Senior Notes, consisting of (i) $650.0 million of Senior Floating Rate Notes due 2021 (the “senior floating rate notes”); (ii) $500.0 million of 4.400% Senior Notes [...]
Santa Clara, California and Mexico City, Mexico, Oct. 22 (Korea Bizwire) — INVEX (BMV: INVEX A) Credit Card business, the only monoliner specializing in payments and cobranded cards, with focus on 100% digital customer experience in Mexico, has partnered with Ondot, the global leader in mobile payments services, to deliver full card life-cycle management associated [...]
STAMFORD, Conn., Oct. 19 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators” or the “Company”) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with its previously announced merger with a direct wholly owned subsidiary (“Merger Sub”) of The Hartford Financial Services [...]
ATLANTA, Oct. 17 (Korea Bizwire) — Institutional asset managers looking for the next level of insights in their pursuit of institutional investment mandates can now turn to Market Lens from eVestment, a global leader in institutional investor data and analytics. Market Lens offers a robust feature set including a comprehensive mandate database; investor, consultant and [...]
STOCKHOLM, Sweden, Oct. 15 (Korea Bizwire) — Nasdaq (Nasdaq: NDAQ) today announced the launch of futures based on the recently launched OMXS30 ESG Responsible index (OMXS30ESG). The product is the first exchange listed and ESG compliant index future in the world. “In recent years we have seen institutions increase efforts to integrate sustainability into their [...]
GREENWICH, Conn., Oct. 9 (Korea Bizwire) — Cross Ocean Partners, a global asset management firm, announced the successful final closing of Cross Ocean USSS Fund I (A), its US Special Situations (“USSS”) credit fund, on June 29, 2018. The fund closed with total aggregate committed capital of c. $605 million, which brings aggregate capital commitments [...]
GREENWICH, Conn., Oct. 9 (Korea Bizwire) — Cross Ocean Partners, a global asset management firm, announced the successful final closing of Cross Ocean Aviation Fund I on August 20, 2018, with total aggregate committed capital of c. $438 million. The Aviation Fund attracted a diverse investor base which includes private pension plans, insurance companies, endowments, [...]
LONDON, Oct. 9 (Korea Bizwire) — Rapyd, a leading fintech platform bringing ubiquity and integration to global digital commerce, today announces new partnerships and client relationships that extend the reach and impact of its worldwide network. By building a global “network of networks” that spans five continents through physical and digital channels, Rapyd connects businesses [...]
STAMFORD Conn., Oct. 4 (Korea Bizwire) — The Navigators Group, Inc. (NASDAQ:NAVG) (“Navigators” or the “Company”) today announced that it has established a meeting date of November 16, 2018 for a special meeting (the “Special Meeting”) of stockholders of record as of October 10, 2018, to, among other things, consider and vote on a proposal [...]