Industry News

Nelnet, one of the nation's leading asset-backed security issuers, today announced that the company received investor consent to extend the legal final maturity on nine Nelnet federally guaranteed student loan backed securitizations. The company expects to amend the transaction agreements over the next week and extend the legal final maturity date by five years on the following NSLT securities: 2014-4 A1, 2014-4 A2, 2014-4 B, 2011-1 A,..."/>
Nelnet Extends Legal Final Maturity Dates of Nine Student Loan ABS Trusts
Moody's Investors Services warned Monday. The major credit-rating agency said it placed New Mexico's general obligation bonds "under review for possible downgrade" from its Aaa status, the highest classification. "The review for downgrade is triggered by the state's recently released August revenue estimates which..."/>
Moody's puts state bonds under review for possible downgrade [The Santa Fe New Mexican]
Sun Life Financial Inc. announced today that it intends to issue in Canada up to $1,000,000,000 principal amount of Series 2016-2 Subordinated Unsecured 3.05% Fixed/Floating Debentures due 2028. The offering is expected to close on September 19, 2016. The net proceeds will be used for general corporate purposes of Sun Life Financial, which may include investments in subsidiaries and repayment of indebtedness."/>
Sun Life Financial announces offering of Subordinated Unsecured Debentures
Sun Life Financial Inc. announced today that it intends to issue in Canada up to $1,000,000,000 principal amount of Series 2016-2 Subordinated Unsecured 3.05% Fixed/Floating Debentures due 2028. The offering is expected to close on September 19, 2016. The net proceeds will be used for general corporate purposes of Sun Life Financial, which may include investments in subsidiaries and repayment of indebtedness. Details of the offering will be set..."/>
Sun Life Financial announces offering of Subordinated Unsecured Debentures
Industrial Alliance Insurance and Financial Services Inc. announced today an offering of $400 million principal amount of 3.30% fixed/floating subordinated debentures due September 15, 2028. The Debentures will mature on September 15, 2028. Interest on the Debentures at the rate of 3.30% per annum will be payable in arrears in equal semi-annual..."/>
Industrial Alliance Announces an Offering of $400 million of 3.30% Fixed/Floating Subordinated Debentures
Aspen Insurance Holdings Limited has priced an underwritten public offering of 9,000,000 shares of 5.625% Perpetual Non-Cumulative Preference Shares. The Preference Shares have a liquidation preference of $25 per share. The underwriters have the option to purchase from Aspen up to an additional 1,000,000 Preference Shares."/>
Aspen Prices Public Offering of $225 Million of Perpetual Non-Cumulative Preference Shares
STATE STREET GLOBAL ADVISORS ANNOUNCES ETF SHARE SPLIT. State Street Global Advisors, the asset management business of State Street Corporation, today announced the share split of the SPDR ® Barclays International Treasury Bond ETF."/>
CORRECTING and REPLACING State Street Global Advisors Announces ETF Share Split
Enova International, a leading financial technology company offering consumer and small business loans and financing, today announced that Steve Cunningham, Chief Financial Officer, will present at the JMP Financial Services and Real Estate Conference on Tuesday, September 27 at 4:00 p.m. Eastern Time in New York City. A live audio webcast and archive of Enova's presentation will be available on the company's website at..."/>
Enova To Present at the JMP Financial Services and Real Estate Conference
Ellington Residential Mortgage REIT today announced that its Board of Trustees has declared a dividend for the third quarter of 2016 of $0.40 per share, payable on October 25, 2016, to common shareholders of record as of September 30, 2016.. Cautionary Statement Regarding Forward-Looking Statements. This press release contains forward-looking statements within the meaning of the safe harbor provisions of the Private..."/>
Ellington Residential Mortgage REIT Announces Dividend For The Third Quarter Of 2016
INTL FCStone Inc., a diversified global financial services organization delivering execution and advisory services in commodities, currencies and securities, today announced that Vincent Deluard has joined the Broker Dealer Division of its subsidiary INTL FCStone Financial Inc. as Vice President, Global Macro Strategy and will provide macro-economic and fundamental market commentary on the securities markets with a global perspective."/>
INTL FCStone Expands Global Macro Commentary Capabilities with the Addition of Vincent Deluard
Blackstone Mortgage Trust, Inc. today declared a dividend of $0.62 per share of class A common stock with respect to the third quarter of 2016. This dividend is payable on October 14, 2016 to stockholders of record as of the close of business on September 30, 2016.. About Blackstone Mortgage Trust Blackstone Mortgage Trust, Inc. is a real estate finance company that originates and acquires senior loans collateralized by properties in North..."/>
Blackstone Mortgage Trust Declares $0.62 Per Share Dividend
StoneCastle Financial Corp., an SEC registered closed-end management investment company, today announced that its Board of Directors has declared a cash distribution of $0.37 per share for the third quarter of 2016. The distribution will be payable on September 30, 2016 to shareholders of record on September 27, 2016.. A portion of the Company’ s distributions may include sources other than net investment income, including a return of capital."/>
StoneCastle Financial Corp. Announces Cash Distribution of $0.37 Per Share for Third Quarter 2016
Invesco Ltd. will host a meeting to highlight our leadership in ETFs, smart beta and factor investing on Tuesday, September 20, 2016, at our Downers Grove office beginning at 1:00 p.m. CT. This event will also be made available via a simultaneous Web cast on the Investor Relations section of Invesco's Web site at www.invesco.com. The slides to be used during the presentation will be available on the Investor Relations section of the company Web..."/>
Invesco Ltd. to host a meeting highlighting leadership in ETFs, smart beta and factor investing
Brookfield Asset Management Inc. announced today that it has agreed to issue C $500 million aggregate principal amount of medium term notes due March 16, 2027 with a coupon of 3.80%, payable semi-annually."/>
Brookfield to Issue C$500 Million of Medium Term Notes
BFC Financial Corporation announced today that the Company's Board of Directors has declared a cash dividend payment of $0.005 per share on its Class A and Class B Common Stock, with a payment date of October 20, 2016, to all shareholders of record at the close of trading on September 23, 2016.. As previously announced on June 8, 2016, BFC has indicated its intention, subject to declaration by its Board, to pay regular quarterly dividends of $0.005 per..."/>
BFC Financial Corporation Declares Quarterly Cash Dividend
Capitala Finance Corp. announced today that it has generated approximately $47.6 million in proceeds from the sale of existing investments. The Company sold a portion of ten existing investments based on June 30, 2016 fair values. Coupled with previously announced investment exits, the Company has substantial liquidity available for the next few quarters."/>
Capitala Finance Corp. Announces Sale of Portfolio Assets
CYS Investments, Inc. today announced that Kevin E. Grant, CFA, the Company's CEO and President, will deliver a presentation at the JMP Securities 2016 Financial Services and Real Estate Conference at the St. Regis New York Hotel on Tuesday, September 27, 2016 at approximately 9:30 a.m.. The presentation will be webcast live and can be accessed through the CYS website at www.cysinv.com."/>
CYS Investments, Inc. to Present at JMP Securities 2016 Financial Services and Real Estate Conference
American International Group, Inc. today announced that in accordance with the terms of the outstanding warrants to purchase shares of AIG Common Stock, par value $2.50 per share, the Warrant exercise price will be reduced to $44.5525 per share from $44.5826 per share and the number of shares of AIG Common Stock receivable upon Warrant exercise will increase to 1.010 from 1.009. Each of these adjustments will be effective at the close of business on September 15, 2016."/>
AIG Announces Adjustments to Warrant Exercise Price and Shares Receivable upon Warrant Exercise

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