Barings Global Short Duration High Yield Fund Announces August 2021 Monthly Distribution of $0.1056 per Share

PR Newswire

CHARLOTTE, N.C., Aug. 9, 2021 /PRNewswire/ — The Barings Global Short Duration High Yield Fund (the “Fund”) (NYSE: BGH) announced its monthly dividend for August 2021 of $0.1056 per share, payable on September 1, 2021.  Based on the Fund’s July 30, 2021 share price of $16.89 per share, the distribution represents an annualized yield of 7.50% per share.  Based on current projections through the payable date, the Fund expects that this distribution will be comprised of net investment income.

In addition, the Fund announced estimated monthly distributions of $0.1056 per share for September 2021 and October 2021.      

The distribution schedule appears below:



Month



Ex-Date



Record Date



Payable Date



Amount



1


August

08/20/2021

08/23/2021

09/01/2021

$0.1056

September

09/21/2021

09/22/2021

10/01/2021

$0.1056

October

10/20/2021

10/21/2021

11/01/2021

$0.1056


1 Amounts represent estimates for September and October.

The Fund seeks to pay a distribution at a rate that reflects net investment income actually earned. A portion of each distribution may be treated as paid from sources other than net investment income, including but not limited to short-term capital gain, long-term capital gain or return of capital. The final determination of the source and tax characteristics of these distributions will depend upon the Fund’s investment experience during its fiscal year and will be made after the Fund’s year end. The Fund will send to investors a Form 1099-DIV for the calendar year that will define how to report these distributions for federal income tax purposes.

The Fund is a non-diversified, closed-end management investment company that is managed by Barings LLC.  The Fund invests primarily in short-duration, global high yield bonds with the objective of seeking as high a level of current income as Barings determines is consistent with capital preservation, with a secondary objective of capital appreciation.  The Fund expects to maintain a weighted average portfolio duration, including the effects of leverage, of 3 years or less.

Cautionary Notice: Certain statements contained in this press release may be “forward looking” statements.  Investors are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date in which they are made and which reflect management’s current estimates, projections, expectations or beliefs, and which are subject to risks and uncertainties that may cause actual results to differ materially.  These statements are subject to change at any time based upon economic, market or other conditions and may not be relied upon as investment advice or an indication of the fund’s trading intent.  References to specific securities are not recommendations of such securities, and may not be representative of the fund’s current or future investments.  We undertake no obligation to publicly update forward looking statements, whether as a result of new information, future events, or otherwise. 

Past performance is not necessarily indicative of future results.

About Barings

Barings is a $382+ billion* global investment manager sourcing differentiated opportunities and building long-term portfolios across public and private fixed income, real estate, and specialist equity markets. With investment professionals based in North America, Europe and Asia Pacific, the firm, a subsidiary of MassMutual, aims to serve its clients, communities and employees, and is committed to sustainable practices and responsible investment. Learn more at www.barings.com.

*Assets under management as of June 30, 2021

Contact

Cheryl Krauss, Barings, 980-417-5858, [email protected]

21-1748629

 

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SOURCE Barings

AEP Energy And Doral LLC Execute Additional Solar Power Purchase Agreement In PJM

PR Newswire

COLUMBUS, Ohio, Aug. 9, 2021 /PRNewswire/ — AEP Energy, a subsidiary of American Electric Power (Nasdaq: AEP) and one of the largest electric energy wholesale suppliers in the U.S., and Doral Renewables LLC (formerly named, Global Energy Generation LLC) (now d/b/a/ Doral LLC), a leading developer of renewable energy projects, primarily in the Midwest and Mid-Atlantic regions, announced today that they have signed an additional long-term renewable energy purchase agreement for the second phase of the Mammoth solar project in Indiana.

The 360-megawatt direct current (MWdc) Mammoth Solar II is part of the 1.65-gigawatt direct current (GWdc) Mammoth project being developed by Doral LLC in Starke and Pulaski counties in northern Indiana.  

This agreement follows the long-term renewable energy purchase agreement previously executed between the parties in April 2021 for the first phase of the Mammoth Solar project which covered 480-megawatt direct current (MWdc).

Mammoth Solar II is expected to begin construction during 2022 and reach commercial operation in 2024.

“AEP Energy is focused on delivering innovative energy solutions and continues to expand our portfolio of renewable energy resources to power possibilities for our customers. We look forward to our ongoing collaboration with Doral LLC on this project as we build a cleaner, more sustainable energy future together,” said Greg Hall, executive vice president, Energy Supply, AEP. 

“We are proud to have such strong community and government support to make this project a reality.  The economic impact through jobs, vendor contracts and taxes will work to revitalize the area.  Pulaski County is utilizing its competitive advantage of being at the intersection of two electrical grid systems and having flat farmland as far as the eye can see.  Instead of buying power from farmers in other states, Indiana and its farmers, through projects like Mammoth, have a real opportunity to be energy independent and even export power to neighboring states.  Indiana is taking the lead as a true economic powerhouse,” said Nick Cohen, President & CEO, Doral LLC. 

“Doral LLC is once again demonstrating its continued effort to become a prominent utility scale developer in the region,” said Yaki Noyman, Chief Executive Officer of Doral Renewable Energy Resources Group. “We are proud to partner again with AEP Energy and continue the development of this monumental project. We are confident that Doral LLC shall secure additional power purchase agreements in the near future to fully commercialize the entire Mammoth project.”

AEP Energy, a subsidiary of American Electric Power (Nasdaq: AEP), and its affiliates deliver a wide array of innovative competitive energy solutions nationwide. As a competitive retail and wholesale electricity and natural gas supplier, AEP Energy serves over 700,000 residential and business customers in 28 service territories in six states and Washington, D.C.  As one of the largest wholesale suppliers in the country, AEP Energy also specializes in offering customized wholesale power supply products based on the specific needs of our customers’ electric systems within ERCOT, MISO, PJM and SPP. AEP Energy also sells renewable energy through long-term contracts with utilities, electric cooperatives, municipalities and corporate customers. With a commitment to a clean energy future, AEP Energy and its affiliates currently own over 1,900 megawatts of wind, solar and energy storage on both a utility scale and distributed scale basis. Solving energy problems for customers, AEP Energy and its affiliates own and operate over 90 behind-the-meter projects in 26 different states and has an active development pipeline across the U.S. Based in Columbus, Ohio, Chicago, Illinois and San Diego, California, AEP Energy takes pride in making it easy for customers and partners to buy, manage and use energy. For more information, visit www.aepenergy.com.

Doral LLC was founded in 2019 as a joint venture between Doral Group and Clean Energy Generation LLC. Doral LLC currently has over 3 GWdc of projects under development and 30,000 acres of land control, mainly in Midwest and Mid-Atlantic U.S. The management team of Doral LLC includes experienced multidisciplinary individuals who worked together for many years in the renewables industry in the US.

Doral Group, is a publicly traded company on the Tel Aviv Stock Exchange in Israel (DORL) and is a global renewable energy leader, holding hundreds of long-term revenue-generating renewable energy assets. With over 6 GWdc under development, Doral Group is active, inter alia, in Israel, Europe, and the United States. Doral Group is also emerging as a worldwide leader in the field of solar + storage solutions, following its win of Israel’s biggest solar + storage tenders to build approximately 800MW(DC) + 1,500MW of storage facilities in Israel.

 

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SOURCE American Electric Power

Two Advisors with Nearly $450 Million in Assets Join Ameriprise for More Resources to Grow Their Businesses

Two Advisors with Nearly $450 Million in Assets Join Ameriprise for More Resources to Grow Their Businesses

MINNEAPOLIS–(BUSINESS WIRE)–
Ameriprise Financial, Inc. (NYSE: AMP) recently added two advisors to its branch channel with nearly $450 million in combined client assets. Marc Gendell joined from UBS Financial Services in Atlanta as a financial advisor. Separately, Chris Thompson, CFP®, joined from Wells Fargo in Jacksonville, Florida as a financial advisor and associate branch manager. Both Gendell and Thompson said Ameriprise became the top choice for their practices after they learned more about the robust resources and flexibility the firm provides to help advisors serve clients and grow their businesses.

Social media marketing among the resources that drew UBS advisor to Ameriprise

Gendell, who grew to manage $285 million in client assets in his 23 years of experience, started evaluating options to move his practice two years ago. He explored a wide variety of firms and found Ameriprise was the best fit to help him gain efficiency and spend more time working with clients and growing his business.

Reflecting on his decision, Gendell said, “I’ve built my business through referrals, and I wanted a firm that could help me capitalize on that momentum. Ameriprise is ahead of the curve on social media marketing. I started getting new referrals almost immediately after I tapped into the firm’s social media capabilities.”

Additionally, Gendell commented, “It’s remarkable to be at a branch with access to all the resources here, and at the same time know I have the flexibility to eventually go independent within the same firm if I choose to do so.”

Gendell is supported by Ameriprise complex director Brian Connerat.

Wells Fargo advisor joins Ameriprise for integrated financial planning technology

Thompson, who has 28 years of experience and manages $157 million in client assets, had time to explore other firms amid the pandemic. Through his research, he realized he could offer his clients a better experience at another firm. Thompson found that Ameriprise delivered on what he wanted: a firm not owned by a bank, strong financial planning focus, flexibility to do business the way he wants to, and the opportunity to lead other advisors.

“Ameriprise has the best financial planning and technology in the market. Here I can offer a more robust financial planning experience to my clients with less prep time behind the scenes because of all the technology integration. It’s humbling to make a lasting impact on people’s lives through sound advice, and I wanted a firm that shares my values of putting clients first,” said Thompson.

He is supported by Ameriprise branch manager Chip Cerovac. “Both Chris and I are former Navy Officers. You know what you’re getting with a Navy Officer in terms of their integrity, ability to lead, and commitment to serving others. I’m excited to support Chris and see how he inspires other advisors in our branch to embrace the breadth of resources we have at Ameriprise,” said Cerovac.

Ameriprise has continued to attract experienced, productive advisors, with approximately 1,700 joining the firm in the last 5 years.1 To find out why experienced financial advisors are joining Ameriprise, visit ameriprise.com/why.

About Ameriprise Financial

At Ameriprise Financial, we have been helping people feel confident about their financial future for more than 125 years. With extensive advisory, asset management and insurance capabilities and a nationwide network of approximately 10,000 financial advisors, we have the strength and expertise to serve the full range of individual and institutional investors’ financial needs. For more information, or to find an Ameriprise financial advisor, visit ameriprise.com.

Ameriprise Financial Services, LLC is an Equal Opportunity Employer.

Ameriprise Financial Services, LLC. Member FINRA and SIPC.

© 2021 Ameriprise Financial, Inc. All rights reserved.

——————–

1 Ameriprise Financial 2020 10-K.

Stephanie Siegle, Media Relations

612.671.2593

[email protected]

KEYWORDS: United States North America Minnesota

INDUSTRY KEYWORDS: Banking Professional Services Finance

MEDIA:

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Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference

Ford Credit CFO Brian Schaaf to Speak August 12 at J.P. Morgan Automotive Conference

DEARBORN, Mich.–(BUSINESS WIRE)–
Brian Schaaf, Ford Motor Credit Company CFO, will hold a fireside chat at the J.P. Morgan Automotive Conference at 11:25 a.m. Thursday, Aug. 12.

The virtual discussion will include Ford Credit’s financial results, funding, liquidity and portfolio performance, as well as Q&A.

Participants are encouraged to listen to the webcast online. Information is also available at shareholder.ford.com.

About Ford Motor Credit Company

Ford Motor Credit Company is a leading automotive financial services company. It provides dealer and customer financing to support the sale of Ford Motor Company products around the world, including through Lincoln Automotive Financial Services in the United States, Canada and China. Ford Credit is a subsidiary of Ford established in 1959. For more information, visit www.fordcredit.com or www.lincolnafs.com.

Equity Investment

Community:

Lynn Antipas Tyson

313.621.2902

[email protected]

Fixed Income

Investment Community:

Karen Rocoff

313.621.0965

[email protected]

Shareholder

Inquiries:

1.800.555.5259 or 313.845.8540

[email protected]

Media:

Karen Hampton

313.236.3467

[email protected]

KEYWORDS: United States North America Michigan

INDUSTRY KEYWORDS: Automotive Automotive Manufacturing Manufacturing General Automotive Public Transport Other Transport Trucking Finance Other Automotive Banking Tires & Rubber Transport Recreational Vehicles Professional Services Performance & Special Interest Off-Road Trucks & SUVs Motorcycles Fleet Management Alternative Vehicles/Fuels Aftermarket

MEDIA:

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WRAP Publishes Initial Environmental, Social and Governance Letter

TEMPE, Ariz., Aug. 09, 2021 (GLOBE NEWSWIRE) — Wrap Technologies, Inc. (the “Company” or “WRAP”) (Nasdaq: WRAP), a global leader in innovative public safety technologies and services, today published its initial Environment, Social and Governance (ESG) letter to stakeholders. The letter outlines the WRAP’s commitment and initiatives across a diverse range of topics that the Company is currently tracking in its ESG program, including diversity across WRAP’s board, executive management, and employees, as well as goals and objectives for future reports.

“I am excited about WRAP’s commitment to ESG and our desire to incorporate it into everything we do,” said WRAP President and CEO Tom Smith. “WRAP’s core mission and purpose have been to drive public safety towards progress and facilitate better policing outcomes by developing creative solutions to complex issues through forward-thinking, empathy and innovation. This letter provides a comprehensive overview of our ESG accomplishments over the past year. In addition, it outlines our long-term commitment to uphold our core values and ensure that our operations reflect a thoughtful and meaningful impact in the communities we serve.”

The full ESG letter can be found on the investor page of our website here.

About WRAP
WRAP Technologies (Nasdaq: WRAP) is a global leader in innovative public safety technologies and services. WRAP develops creative solutions to complex issues and empowers public safety officials to protect and serve their communities through its portfolio of advanced technology and training solutions. 

WRAP’s BolaWrap® Remote Restraint device is a patented, hand-held pre-escalation and apprehension tool that discharges a Kevlar® tether to temporarily restrain uncooperative suspects and persons in crisis from a distance. Through its many field uses and growing adoption by agencies across the globe, BolaWrap is proving to be an effective tool to help law enforcement safely detain persons without injury or the need to use higher levels of force.

Wrap Reality, the Company’s virtual reality training system, is a fully immersive training simulator and comprehensive public safety training platform providing first responders with the discipline and practice in methods of de-escalation, conflict resolution, and use-of-force to better perform in the field.

WRAP’s headquarters are in Tempe, Arizona. For more information, please visit wrap.com.

Follow WRAP here:
WRAP on Facebook: https://www.facebook.com/wraptechnologies/
WRAP on Twitter: https://twitter.com/wraptechinc
WRAP on LinkedIn: https://www.linkedin.com/company/wraptechnologies/

Trademark Information
BolaWrap, Wrap and Wrap Reality are trademarks of Wrap Technologies, Inc. All other trade names used herein are either trademarks or registered trademarks of the respective holders.

Cautionary Note on Forward-Looking Statements – Safe Harbor Statement
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to: statements regarding the Company’s overall business; total addressable market; and, expectations regarding future sales and expenses. Words such as “expect”, “anticipate”, “should”, “believe”, “target”, “project”, “goals”, “estimate”, “potential”, “predict”, “may”, “will”, “could”, “intend”, and variations of these terms or the negative of these terms and similar expressions are intended to identify these forward-looking statements. Moreover, forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond the Company’s control. The Company’s actual results could differ materially from those stated or implied in forward-looking statements due to a number of factors, including but not limited to: the Company’s ability to successfully implement training programs for the use of its products; the Company’s ability to manufacture and produce product for its customers; the Company’s ability to develop sales for its new product solution; the acceptance of existing and future products; the availability of funding to continue to finance operations; the complexity, expense and time associated with sales to law enforcement and government entities; the lengthy evaluation and sales cycle for the Company’s product solution; product defects; litigation risks from alleged product-related injuries; risks of government regulations; the business impact of health crises or outbreaks of disease, such as epidemics or pandemics; the ability to obtain export licenses for countries outside of the US; the ability to obtain patents and defend IP against competitors; the impact of competitive products and solutions; and the Company’s ability to maintain and enhance its brand, as well as other risk factors mentioned in the Company’s most recent annual report on Form 10-K, quarterly report on Form 10-Q, and other SEC filings. These forward-looking statements are made as of the date of this press release and were based on current expectations, estimates, forecasts and projections as well as the beliefs and assumptions of management. Except as required by law, the Company undertakes no duty or obligation to update any forward-looking statements contained in this release as a result of new information, future events or changes in its expectations.

Contact:

Paul M. Manley
VP – Investor Relations
(612) 834-1804
[email protected]

Media Contact: [email protected]



The Joint Chiropractic is Named the Official Chiropractor for Austin Peay Athletics

PR Newswire

SCOTTSDALE, Ariz., Aug. 9, 2021 /PRNewswire/ — Austin Peay State University athletics department announced an agreement with The Joint Corp. (NASDAQ: JYNT), the nation’s largest provider of chiropractic care through The Joint Chiropractic® network, as the official chiropractor of Austin Peay Athletics.

“We are honored to support the Austin Peay Governors athletic program,” said Peter D. Holt, president and CEO of The Joint Corp. “Through our amateur athletic agreements, The Joint continues to demonstrate the value of chiropractic care in improving sports performance and the correlation between injury prevention. As members of the Ohio Valley Conference, we wish the Governors continued success in their sports seasons.”

According to the American Chiropractic Association, chiropractic care has gained wide use among professional and amateur sports teams across the country. In fact, experts estimate that 90 percent of all world-class athletes use chiropractic care to prevent injuries and increase their performance potential1. With a variety of research stating that chiropractic supports overall wellness and advancing preventive care, it’s remarkable that all National Football League (NFL) teams rely on Doctors of Chiropractic in varying capacities, and 77 percent of athletic trainers have referred players to a chiropractor for evaluation or treatment2.

The Joint Chiropractic is known for its convenient retail setting and concierge-style services. For patients, that means no-appointments, no-insurance hassles, affordable chiropractic care and accommodating hours of operations, including evenings and weekends.

There are 23 The Joint Chiropractic clinics located in Tennessee, including the location on Martin Luther King Jr. Parkway, in Sango Square, in Clarksville.

“We’re excited to have The Joint Chiropractor join the Austin Peay Athletics family,” said Director of Athletics Gerald Harrison. “It is always beneficial to add partners who share our vision for improving our student-athletes’ well-being and who have a positive impact in our community.”

About Austin Peay Athletics
Austin Peay Athletics is a member of the Ohio Valley Conference and is an NCAA Division I Football Championship Subdivision member. Austin Peay Athletics provides opportunities for its more than 300 student-athletes to pursue excellence in all aspects of their intercollegiate athletics experience: leadership and professional development, personal growth and wellness, and community outreach.  

About The Joint Chiropractic
The Joint Corp. revolutionized access to chiropractic care when it introduced its retail healthcare business model in 2010. Today, the company is making quality care convenient and affordable, while eliminating the need for insurance, for millions of patients seeking pain relief and ongoing wellness. With more than 600 locations nationwide and over eight million patient visits annually, The Joint Chiropractic is a key leader in the chiropractic industry. Named one of the Top 200+ Franchises by Franchise Times and ranked on Entrepreneur’s Franchise 500® list, The Joint Chiropractic is an innovative force, where healthcare meets retail. For more information, visit www.thejoint.com.

Business Structure
The Joint Corp. is a franchisor of clinics and an operator of clinics in certain states. In Arkansas, California, Colorado, District of Columbia, Florida, Illinois, Kansas, Kentucky, Maryland, Michigan, Minnesota, New Jersey, New York, North Carolina, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Washington, West Virginia and Wyoming, The Joint Corp. and its franchisees provide management services to affiliated professional chiropractic practices. This clinic is owned and operated by 101 Wellness Ventures 2, PLLC and managed by JCG Ventures of Clarksville, LLC.


1 Consumer Reports Health Ratings Center. Back-Pain Treatments. ConsumerReports.org; July 2011.

2 American Chiropractic Association. Up Your Game: Sports Chiropractic Enhances Care. ACAToday.com; August 2014.

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SOURCE The Joint Corp.

MakeMyTrip Limited Announces Details of its Annual Shareholders Meeting

New York, Aug. 09, 2021 (GLOBE NEWSWIRE) —

Gurugram and New York, August 9, 2021: MakeMyTrip Limited (NASDAQ: MMYT) (the “Company”), India’s leading online travel company, announced today that the annual meeting of its shareholders will be held on Wednesday, September 8, 2021, beginning at 5:00 pm, Indian Standard Time, at 19th Floor, Building No. 5, DLF Cyber City, Gurugram, 122002, India. The Company’s notice of annual meeting and form of proxy were issued on August 9, 2021.

The Company’s Annual Report, notice of the annual meeting, form of proxy and annual consolidated and separate financial statements audited by KPMG Mauritius for the financial year ended March 31, 2021 are available on the Company’s investor relations website at http://investors.makemytrip.com. Shareholders may also obtain a copy of these documents, free of charge, by sending a request by email to [email protected].  


About MakeMyTrip Limited:

We own and operate well recognized online travel brands, including MakeMyTrip, goibibo and redbus.  Through our primary websites, www.makemytrip.com, www.goibibo.com, www.redbus.in, and mobile platforms, travelers can research, plan and book a wide range of travel services and products in India as well as overseas.  Our services and products include air ticketing, hotel and alternative accommodations bookings, holiday planning and packaging, rail ticketing, bus ticketing, car hire and ancillary travel requirements such as facilitating access to third-party travel insurance and visa processing.  We provide our customers with access to all major domestic full-service and low-cost airlines operating in India and all major airlines operating to and from India, a comprehensive set of domestic accommodation properties in India and a wide selection of properties outside of India, Indian Railways and all major Indian bus operators.

For more details, please contact:
Jonathan Huang
MakeMyTrip Limited
Vice President – Investor Relations
+1 (917) 769-2027
[email protected]



UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

UBS Declares Coupon Payments on 5 ETRACS Exchange Traded Notes

HDLB: linked to the Solactive US High Dividend Low Volatility Index Series B

SMHB: linked to the Solactive US Small Cap High Dividend Index Series B

PFFL: linked to the Solactive Preferred Stock ETF Index

CEFD: linked to the S-Network Composite Closed-End Fund Index

MVRL: linked to the Market Vectors Global Mortgage REITs Index

NEW YORK–(BUSINESS WIRE)–
UBS Investment Bank today announced coupon payments for 5 ETRACS Exchange Traded Notes (the “ETNs”), all traded on the NYSE Arca.

NYSE Ticker

ETN Name and Prospectus Supplement*

Coupon Valuation Date

Ex-Date

Record Date

Payment Date

Coupon Amount

Payment Schedule

Current Yield (annualized)

HDLB**

ETRACS Monthly Pay 2xLeveraged US High Dividend Low Volatility ETN Series B

7/30/2021

8/11/2021

8/12/2021

8/20/2021

$0.1724

Monthly

10.29%

SMHB**

ETRACS Monthly Pay 2xLeveraged US Small Cap High Dividend ETN Series B

7/30/2021

8/11/2021

8/12/2021

8/20/2021

$0.0929

Monthly

13.23%

PFFL**

ETRACS Monthly Pay 2x

Leveraged Preferred Stock ETN

7/30/2021

8/11/2021

8/12/2021

8/20/2021

$0.1543

Monthly

9.49%

CEFD**

ETRACS Monthly Pay 1.5X Leveraged Closed-End Fund Index ETN

7/30/2021

8/11/2021

8/12/2021

8/20/2021

$0.2585

Monthly

10.25%

MVRL**

ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN

7/30/2021

8/11/2021

8/12/2021

8/20/2021

$0.3064

Monthly

13.03%

* The table above provides a hyperlink to the relevant prospectus and supplements thereto for each of our ETRACS ETNs, which are identified by their names. For more information on each ETRACS ETN, see “List of ETNs”.

** “Current Yield (annualized)” equals the current Coupon Amount and the two immediately preceding Coupon Amounts, multiplied by four (to annualize such coupons), divided by the closing Current Indicative Value of the ETN on its current Coupon Valuation Date rounded to two decimal places for ease of analysis. The Current Yield is not indicative of future coupon payments, if any, on the ETN. You are not guaranteed any coupon or distribution amount under the ETN.

Note: HDLB, SMHB and PFFL pay a variable monthly coupon linked to 2 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. CEFD and MVRL pay a variable monthly coupon linked to 1.5 times the cash distributions, if any, on the respective underlying index constituents, less withholding taxes, if any. Variations in the amount of monthly distributions will lead to large variations in the Current Yield as calculated above. As such, the Current Yield for each is not indicative of future coupon payments, if any, on these ETNs.

About ETRACS

ETRACS ETNs are senior unsecured notes issued by UBS AG, are traded on NYSE Arca, and can be bought and sold through a broker or financial advisor. An investment in ETRACS ETNs is subject to a number of risks, including the risk of loss of some or all of the investor’s principal, and is subject to the creditworthiness of UBS AG. Investors are not guaranteed any coupon or distribution amount under the ETNs. We urge you to read the more detailed explanation of risks described under “Risk Factors” in the applicable prospectus supplement for the ETRACS ETN.

UBS AG has filed a registration statement (including a prospectus and supplements thereto) with the Securities and Exchange Commission, or SEC, for the offerings of securities to which this communication relates. Before you invest, you should read the prospectus, along with the applicable prospectus supplement to understand fully the terms of the securities and other considerations that are important in making a decision about investing in the ETRACS. The applicable offering document for each ETRACS may be obtained by clicking on the name of each ETRACS identified above. You may also get these documents without cost by visiting EDGAR on the SEC website at www.sec.gov. The securities related to the offerings are not deposit liabilities and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other governmental agency of the United States, Switzerland or any other jurisdiction.

About UBS

UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. UBS is the largest truly global wealth manager, and a leading personal and corporate bank in Switzerland, with a large-scale and diversified global asset manager and a focused investment bank. The bank focuses on businesses that have a strong competitive position in their targeted markets, are capital efficient, and have an attractive long-term structural growth or profitability outlook.

UBS is present in all major financial centers worldwide. It has offices in more than 50 regions and locations, with about 30% of its employees working in the Americas, 30% in Switzerland, 19% in the rest of Europe, the Middle East and Africa and 21% in Asia Pacific. UBS Group AG employs more than 72,000 people around the world. Its shares are listed on the SIX Swiss Exchange and the New York Stock Exchange (NYSE).

This material is issued by UBS AG and/or any of its subsidiaries and/or any of its affiliates (“UBS”). Products and services mentioned in this material may not be available for residents of certain jurisdictions. Past performance is not necessarily indicative of future results. Please consult the restrictions relating to the product or service in question for further information. Activities with respect to US securities are conducted through UBS Securities LLC, a US broker/dealer. Member of SIPC (http://www.sipc.org/).

ETRACS ETNs are sold only in conjunction with the relevant offering materials. UBS has filed a registration statement (including a prospectus, as supplemented by the applicable prospectus supplement, for the offering of the ETRACS ETNs) with the Securities and Exchange Commission (the “SEC”) for the offering to which this communication relates. Before you invest, you should read these documents and any other documents that UBS has filed with the SEC for more complete information about UBS and the offering to which this communication relates. You may get these documents for free by visiting EDGAR on the SEC website at www.sec.gov. Alternatively, you can request the prospectus and applicable prospectus supplement, by calling toll-free (+1-877-387 2275). In the US, securities underwriting, trading and brokerage activities and M&A advisor activities are provided by UBS Securities LLC, a registered broker/dealer that is a wholly owned subsidiary of UBS AG, a member of the New York Stock Exchange and other principal exchanges, and a member of SIPC. UBS Financial Services Inc. is a registered broker/dealer and affiliate of UBS Securities LLC.

The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade mark or the Index Price at any time or in any other respect.

The S-Network Composite Closed-End Fund Index is a service mark of S-Network Global Indexes, Inc. (“S-Network”) and its use is granted under a license from S-Network. S-Network does not guarantee the accuracy and/or completeness of the S-Network Composite Closed-End Fund Index or any data included therein, and S-Network shall have no liability for any errors, omissions, interruptions, or defects therein. S-Network makes no warranty, express or implied, representations or promises, as to results to be obtained by UBS AG, or any other person or entity from the use of the S-Network Composite Closed-End Fund Index or any data included therein. S-Network makes no express or implied warranties, representations or promises, regarding the originality, merchantability, suitability, non-infringement, or fitness for a particular purpose or use with respect to the S-Network Composite Closed-End Fund Index or any data included therein. Without limiting any of the foregoing, in no event shall S-Network have any liability for any direct, indirect, special, incidental, punitive, consequential, or other damages (including lost profits), even if notified of the possibility of such damages.

The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“ETN”) is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the ETN or any member of the public regarding the advisability of investing in securities generally or in the ETN particularly or the ability of the Market Vectors® US Mortgage REITs Index to track the performance of the US mortgage REIT market. The ETRACS Monthly Pay 1.5x Leveraged Mortgage REIT ETN (“ETN”) is not sponsored, endorsed, sold or promoted by Market Vectors Index Solutions GmbH (“Licensor”) and Licensor makes no representation or warranty, express or implied, to the owners of the ETN or any member of the public regarding the advisability of investing in securities generally or in the ETN particularly or the ability of the Market Vectors® US Mortgage REITs Index to track the performance of the US mortgage REIT market.

UBS specifically prohibits the redistribution or reproduction of this communication in whole or in part without the prior written permission of UBS and UBS accepts no liability whatsoever for the actions of third parties in this respect.

© UBS 2021. The key symbol, UBS and ETRACS are among the registered and unregistered trademarks of UBS. Other marks may be trademarks of their respective owners. All rights reserved.

Media contact

Christina Aquilina

1-212-713-4488

[email protected]

Institutional Investor contact1

+1-877-387 2275

1 Individual investors should instruct their broker/advisor/custodian to call us or should call together with their broker/advisor/custodian.

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Banking Professional Services Finance

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JetBlue’s Soar with Reading Free Book Vending Machine Initiative Goes Virtual to Get Books into the Hands of Kids Who Need Them Most

JetBlue’s Soar with Reading Free Book Vending Machine Initiative Goes Virtual to Get Books into the Hands of Kids Who Need Them Most

— JetBlue Invites Customers, Crewmembers and the Community to Nominate Their Favorite Youth-Focused Nonprofit for a Chance to Receive a Free Book Donation —

— Kids Can Select up to Six Brand New Books Free of Charge with #BookDrop Events Taking Place in August and September —

NEW YORK–(BUSINESS WIRE)–
JetBlue (Nasdaq: JBLU) today announced its eleventh annual Soar with Reading initiative, which tackles the issue of literacy in areas known as book deserts, where access to age-appropriate books for children is often very limited. This summer, JetBlue is taking its free book vending machine initiative online due to the effects of the coronavirus pandemic. However, this will not stop the airline from continuing its work to help get books into the hands of kids who need them most. Throughout August, children in select locations and youth programs will be able to access JetBlue’s virtual vending machine online and pick up to six books. JetBlue will drop off these free books with the respective organizations throughout August and September to distribute to the kids.

Books open children’s imaginations and empower them to envision new places. Soar with Reading provides children the opportunity to start to build their home libraries and encourages a life-long love of reading. Customers, crewmembers and local communities are encouraged to nominate their favorite youth-focused nonprofit for a chance to receive access to JetBlue’s digital book vending machine. For more information or to nominate an organization, visit soarwithreading.com (a.).

JetBlue is collaborating with several of its longstanding youth-focused non-profit partners in Boston, Fort Lauderdale, Los Angeles and New York City. Local partners include Big Brothers Big Sisters of Broward County, Boys & Girls Club of Broward County, Boston Centers for Youth & Families, City of New York Parks & Recreation and the Westchester Family YMCA in Los Angeles through a partnership with Los Angeles World Airports (LAWA). Additionally, JetBlue will provide new books directly to local organizations in Orlando, Salt Lake City and San Juan. The available books feature diverse characters and themes, with options in both English and Spanish.

“It’s important for us to continue to find ways to give back and support the communities that support us,” said Icema Gibbs, vice president corporate social responsibility and diversity, equity and inclusion, JetBlue. “Soar with Reading was originally developed to help defeat the loss of knowledge that students experience over the summer months, known as the ‘summer slide.’ It’s more relevant now than ever. Many children have attended school virtually for more than a year. This means countless students haven’t had a chance to experience books during this time, nor have they traveled to the places that imaginations soar to through reading.

Recent report show that, students’ reading scores are behind where they would be after a normal year, with the most vulnerable students showing the steepest drops. JetBlue is continuing to work with childhood literacy expert Dr. Susan Neuman, professor and chair of the Department of Teaching and Learning at New York University (NYU), to measure the program’s impact. Dr. Neuman’s research shows that owning 25 physical books or more has a sizable effect on achievement, with each additional increment of books improving literacy rates. Based on Dr. Neuman’s research, through Soar with Reading, JetBlue is also encouraging a cross-generational love of reading as it’s been proven that children are more interested in reading when they see their parents also engaging with books.

Soar with Reading previously visited Detroit; San Francisco; Washington, DC; Fort Lauderdale; and New York City where JetBlue distributed 40,000 books in its own backyard of Queens. In 2020, as JetBlue worked to meet immediate pandemic needs, the airline distributed 15,000 books in Boston directly to families through food distribution programs. To date, JetBlue has donated more than $3.7 million worth of books to kids in need.

JetBlue For Good – Soar with Reading is a signature program of JetBlue For Good®, the airline’s platform for social impact and corporate responsibility. As the program continues to grow, JetBlue is working to ensure that the books provided represent the diverse perspectives of the various communities that JetBlue serves.

Giving back is part of JetBlue’s DNA and is core to its mission of inspiring humanity. Centered on volunteerism and service, JetBlue For Good focuses on the areas that are most important to the airline’s customers and crewmembers – community, youth/education and the environment. Combining JetBlue’s corporate efforts with its customers’ and crewmembers’ passions, the common theme is Good – JetBlue For Good. Join the #JetBlueForGood conversation on Twitter, Instagram and Facebook, and check for regular updates to get involved.

About JetBlue Airways

JetBlue is New York’s Hometown Airline®, and a leading carrier in Boston, Fort Lauderdale-Hollywood, Los Angeles, Orlando, and San Juan. JetBlue carries customers across the U.S, Caribbean, and Latin America. For more information, visit jetblue.com.

(a.) NO PURCHASE, DONATION OR PAYMENT NECESSARY. VOID WHERE PROHIBITED. Program ends 11:59:59 PM ET on 8/31/21. Participants must be legal residents of the 50 U.S. including DC and PR, 18 or older. Nomination must be a registered 501(c)(3) charity with Corporate Offices located in Domestic JetBlue cities within the 50 U.S. including DC and PR (or outside the U.S. only in the event the charity sponsors an office in an International JetBlue city) and not politically connected nor discriminatory. For a complete list of JetBlue Domestic and International cities, visit www.jetblue.com/destinations. THERE IS NO AWARD FOR THE NOMINATOR. For complete Terms and Conditions including eligibility requirements, judging criteria and award details, click here.

JetBlue Corporate Communications

[email protected]

KEYWORDS: United States North America New York

INDUSTRY KEYWORDS: Entertainment Air Consumer Transport Children Books

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American Software to Announce First Quarter Fiscal Year 2022 Financial Results

American Software to Announce First Quarter Fiscal Year 2022 Financial Results

ATLANTA–(BUSINESS WIRE)–
American Software, Inc. (NASDAQ: AMSWA), a leading provider of innovative AI-powered supply chain management and advanced retail planning solutions, today announced that it will release its First Quarter Fiscal Year 2022 financial results after the U.S. financial markets close on Wednesday August 25, 2021.

In conjunction with the release, the company will host a conference call at 5:00 pm ET to discuss its results with the investment community. A live webcast and replay of the call will be accessible via the investor relations page of American Software’s website at www.amsoftware.com/investor-relations.

American Software’s First Quarter Fiscal Year 2022 Financial Results Earnings Call

Date: Wednesday, August 25, 2021

Time: 5:00 pm ET

Location: www.amsoftware.com/investor-relations

About American Software, Inc.

Atlanta-based American Software, Inc. (NASDAQ: AMSWA), through its operating entities, delivers an innovative technical platform with AI-powered capabilities for supply chain management and advanced retail planning that is accelerating digital supply chain optimization from product concept to customer availability. Logility, Inc. is helping large enterprise companies transform their supply chain operations to gain a competitive advantage. Recognized for its high-touch approach to customer service, rapid implementations and industry-leading return on investment (ROI), Logility customers include Big Lots, Husqvarna Group, Parker Hannifin, Sonoco Products and Red Wing Shoe Company. Demand Management, Inc. delivers affordable, easy-to-use supply chain planning solutions designed to increase forecast accuracy, improve customer service and reduce inventory to maximize profits and lower costs. Demand Management serves customers such as Siemens Healthcare, AutomationDirect.com and Newfoundland Labrador Liquor Corporation. New Generation Computing, Inc. powers the digital supply chain to enable apparel brand owners and retailers to maximize revenue and profit by accelerating lead times, streamlining product development, and optimizing sourcing and distribution. NGC customers include Brooks Brothers, Carter’s, Destination XL, Fanatics, Foot Locker, Jockey International, Lacoste and Spanx. The comprehensive American Software supply chain and retail planning portfolio delivered in the cloud includes advanced analytics, supply chain visibility, demand, inventory and replenishment planning, Sales and Operations Planning (S&OP), Integrated Business Planning (IBP), supply and inventory optimization, manufacturing planning and scheduling, retail merchandise and assortment planning and allocation, product lifecycle management (PLM), sourcing management, vendor quality and compliance, and product traceability. For more information about American Software, please visit www.amsoftware.com, call (404) 364-7615 or email [email protected].

Pat Mcmanus

404-264-5417

[email protected]

KEYWORDS: United States North America Georgia

INDUSTRY KEYWORDS: Data Management Retail Other Retail Technology Logistics/Supply Chain Management Transport Software

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