Posts

Posted on

Broadstone Net Lease Announces Pricing of $375 Million in Senior Notes due 2031

Broadstone Net Lease Announces Pricing of $375 Million in Senior Notes due 2031

ROCHESTER, N.Y.–(BUSINESS WIRE)–
Broadstone Net Lease, Inc. (NYSE: BNL), an internally-managed real estate investment trust (“BNL,” the “Company,” “we,” “our,” or “us”), today announced that Broadstone Net Lease, LLC, its operating partnership (the “issuer” or the “OP”), has priced a public offering of $375 million aggregate principal amount of senior unsecured notes due 2031 (the “Notes”). The Notes were priced at 99.816% of the principal amount and will mature on September 15, 2031. The closing of the offering is expected to occur on September 15, 2021, subject to satisfaction of customary closing conditions. The Notes will be senior unsecured obligations of the OP and will be jointly and severally guaranteed by BNL.

BNL intends to use a portion of the net proceeds from the offering of the Notes to fund potential acquisition opportunities, to repay amounts outstanding under BNL’s $900 million revolving credit facility, term loans and other indebtedness, and for other general corporate and working capital purposes.

J.P. Morgan Securities LLC, Truist Securities, Inc. and U.S. Bancorp Investments, Inc. are acting as joint lead book-running managers for the offering. BMO Capital Markets Corp., Goldman Sachs & Co. LLC, M&T Securities, Inc. and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering. Capital One Securities, Inc., KeyBanc Capital Markets Inc., Regions Securities LLC and TD Securities (USA) LLC are acting as co-managers for the offering.

A shelf registration statement (including a prospectus) relating to these securities was filed on June 23, 2021 with the Securities and Exchange Commission (the “SEC”) and automatically became effective upon filing. Before you invest, you should read the prospectus in that registration statement and the documents incorporated by reference in that registration statement, as well as the prospectus supplement related to this offering. Copies of these documents are available at no charge on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus supplement and the accompanying prospectus may be obtained, when available, from: J.P. Morgan Securities LLC, 383 Madison Avenue, New York, NY 10179, Attention: Investment Grade Syndicate Desk, 3rd Floor, or by telephone at (212) 834-4533; Truist Securities, Inc., 303 Peachtree Street, Atlanta, GA 30308, Attn: Prospectus Dept, or by telephone at (800) 685-4786; or U.S. Bancorp Investments, Inc., 214 N. Tryon St., 26th Floor, Charlotte, NC 28202, Attention: Credit Fixed Income, or by telephone at (877) 558-2607.

The offering of these securities is being made only by means of a prospectus supplement and an accompanying prospectus. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such state or jurisdiction.

About Broadstone Net Lease, Inc.

BNL is an internally-managed REIT that acquires, owns, and manages primarily single-tenant commercial real estate properties that are net leased on a long-term basis to a diversified group of tenants. BNL utilizes an investment strategy underpinned by strong fundamental credit analysis and prudent real estate underwriting. As of June 30, 2021, BNL’s diversified portfolio consisted of 684 individual net leased commercial properties with 683 properties in 42 U.S. states and one property in Canada across the industrial, healthcare, restaurant, retail, and office property types.

Company:

Michael Caruso

SVP, Corporate Finance & Investor Relations

[email protected]

585.402.7842

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: REIT Finance Professional Services Commercial Building & Real Estate Construction & Property

MEDIA:

Logo
Logo
Posted on

Colgate Declares Regular Quarterly Dividend

Colgate Declares Regular Quarterly Dividend

NEW YORK–(BUSINESS WIRE)–
The Board of Directors of Colgate-Palmolive Company (NYSE:CL) today declared a quarterly cash dividend of $0.45 per common share, payable on November 15, 2021 to shareholders of record as of October 21, 2021. The Company has paid uninterrupted dividends on its common stock since 1895.

***

About Colgate-Palmolive: Colgate-Palmolive Company is a caring, innovative growth company reimagining a healthier future for all people, their pets and our planet. Focused on Oral Care, Personal Care, Home Care and Pet Nutrition, the Company sells its products in more than 200 countries and territories under brands such as Colgate, Palmolive, elmex, hello, meridol, Sorriso, Tom’s of Maine, EltaMD, Filorga, Irish Spring, PCA Skin, Protex, Sanex, Softsoap, Speed Stick, Ajax, Axion, Fabuloso, Soupline and Suavitel, as well as Hill’s Science Diet and Hill’s Prescription Diet. The Company is recognized for its leadership and innovation in promoting environmental sustainability and community well-being, including its achievements in saving water, reducing waste, promoting recyclability and improving children’s oral health through its Bright Smiles, Bright Futures program, which has reached more than 1.3 billion children since 1991. For more information about Colgate’s global business and how the Company is building a future to smile about, visit www.colgatepalmolive.com. CL-D

John Faucher 212-310-3653

Hope Spiller 212-310-2291

KEYWORDS: New York United States North America

INDUSTRY KEYWORDS: Professional Services Pharmaceutical Specialty Consumer Cosmetics Retail Dental Biotechnology Finance Health Home Goods Pets

MEDIA:

Posted on

Wingstop Announces Expanded Role for President of International Nicolas Boudet

PR Newswire

DALLAS, Sept. 10, 2021 /PRNewswire/ — Wingstop (Nasdaq: WING), the leading technology-focused restaurant brand with more than 1,600 locations worldwide, announced an expanded role for Nicolas Boudet to SVP of Global Development in addition to his current role, President of International.

“Since joining in 2018, Nicolas has made a profound impact on Wingstop’s international footprint, pioneering the UK market and laying incredible groundwork for global growth,” said Chairman and CEO Charlie Morrison. “Nicolas’ strong background in development at leading brands will help catapult Wingstop to achieve our stated vision of becoming a Top 10 Global Restaurant Brand.”

In addition to launching Wingstop in the UK, Nicolas’ leadership within the market included Wingstop’s first foray into ghost kitchens – a strategy the brand continues to replicate in the US. He also helped oversee the extension of Wingstop Mexico’s development agreement, which will double the current market presence and result in 200 restaurants by 2028, as well as the brand’s entrance into the Canadian market slated to occur early 2022.

Prior to joining Wingstop, Nicolas served as the Group President of International for FOCUS Brands and previously served as Chief Development Officer, Head of Franchising for Taco Bell US as well as Chief Development Officer, Latin America and Caribbean for Yum! Brands. His impressive accomplishments and roles across a variety of QSR brands have poised him as a respected leader both in the international and development space.

About Wingstop
Founded in 1994 and headquartered in Addison, TX, Wingstop Inc. (NASDAQ: WING) operates and franchises over 1,600 locations worldwide. The Wing Experts are dedicated to Serving the World Flavor through an unparalleled guest experience and offering of classic wings, boneless wings and tenders, always cooked to order and hand sauced-and-tossed in fans’ choice of 11 bold, distinctive flavors. Wingstop’s menu also features signature sides including fresh-cut, seasoned fries and freshly-made ranch and bleu cheese dips.

In fiscal year 2020, Wingstop’s system-wide sales increased 28.8% year-over-year to approximately $2.0 billion, marking the 17th consecutive year of same store sales growth, and Wingstop achieved over 700% stockholder return since its 2015 initial public offering. With a vision of becoming a Top 10 Global Restaurant Brand, its system is composed of independent franchisees, who account for approximately 98% of Wingstop’s total restaurant count of 1,624 as of June 26, 2021. During the fiscal quarter ended June 26, 2021, Wingstop opened 45 net new restaurants, an increase of 13.1%, and announced domestic same-store sales increased 2.1%. During the fiscal quarter ended June 26, 2021, Wingstop generated 64.5% of sales via digital channels including Wingstop.com and the Wingstop app.

A key to Wingstop’s success is the Wingstop Way, which includes a core value system of being Authentic, Entrepreneurial, Service-minded, and Fun. This value system extends to its environmental, social and governance platform as Wingstop seeks to provide value to all stakeholders.

The Company has been ranked on Entrepreneur Magazine’s “150 Strongest-growing Franchises” and “The World’s Best Franchises” (2020), Franchise Business Review’s “Top Food Franchises” (2020), Nation’s Restaurant News’ “Top 200 Restaurant Chains” (2020), Fast Casual’s “Top 100 Movers & Shakers” (2020), and named to The Stevie Awards for Great Employers (2020).

For more information visit www.wingstop.com or www.wingstop.com/own-a-wingstop and follow @Wingstop on Twitter and Instagram and at Facebook.com/Wingstop. Learn more about Wingstop’s involvement in its local communities at www.wingstopcharities.org.

Media Contact

Megan Sprague

972-331-9155
[email protected]

Investor Contact

Susana Arevalo

972-331-8484
[email protected]

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/wingstop-announces-expanded-role-for-president-of-international-nicolas-boudet-301373289.html

SOURCE Wingstop Restaurants Inc.

Posted on

Aptiv to Present at the Piper Sandler Global Technology Conference

PR Newswire

DUBLIN, Sept. 10, 2021 /PRNewswire/ — Aptiv PLC (NYSE: APTV), a global technology company focused on making mobility safer, greener, and more connected, announced that Aptiv’s Chief Financial Officer and Senior Vice President, Business Operations, Joseph Massaro, will present at the Piper Sandler Global Technology Conference, September 13 at 9:00 a.m. EDT.

A simultaneous webcast will be available on the Aptiv Investor Relations website at ir.aptiv.com. For additional information, please contact Aptiv Investor Relations at [email protected].

About Aptiv
Aptiv is a global technology company that develops safer, greener and more connected solutions enabling a more sustainable future of mobility. Visit aptiv.com.

 

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/aptiv-to-present-at-the-piper-sandler-global-technology-conference-301373552.html

SOURCE Aptiv PLC

Posted on

Capital Senior Living Announces Commencement of Rights Offering

Capital Senior Living Announces Commencement of Rights Offering

DALLAS–(BUSINESS WIRE)–
Capital Senior Living Corporation (NYSE: CSU) (“Capital Senior Living” or the “Company”), a leading owner-operator of senior living communities across the United States, announced today that it has commenced its previously announced approximately $70 million common stock rights offering.

Under the rights offering, the Company will distribute to each holder of the Company’s common stock one non-transferable right to purchase one share of the Company’s common stock at a cash subscription price of $32.00 per share for each share of the Company’s common stock held as of 5:00 p.m., New York City time, on September 10, 2021, the record date for the rights offering. Rights holders who fully exercise their rights will be entitled to subscribe for additional shares of the Company’s common stock that remain unsubscribed as a result of any unexercised rights. The Company will not issue any fractional shares of the Company’s common stock in the rights offering.

The rights may be exercised at any time during the subscription period, which commenced on September 10, 2021. The rights will expire if they are not exercised by 5:00 p.m., New York City time, on October 18, 2021, unless the Company extends the rights offering subscription period.

The Company expects to issue up to an aggregate of approximately 2,190,599 new shares of its common stock in connection with the rights offering and, to the extent the rights offering is not fully subscribed, up to $42.5 million of Series A Convertible Preferred Stock to affiliates of Conversant Capital LLC (“Conversant Capital”) in the form of a partial backstop to the offering (the “Backstop Commitment”).

The Company expects to use the net proceeds received from the exercise of the rights and the Backstop Commitment for working capital, to repay debt and to fund accretive growth projects.

The rights offering is being made pursuant to the Investment Agreement, dated as of July 22, 2021, by and between the Company and Conversant Capital (the “Investment Agreement”) and is subject to the satisfaction of certain conditions, including the receipt of stockholder approval to amend the Company’s amended and restated certificate of incorporation to increase the number of authorized shares of common stock and the consummation of the transactions pursuant to the Investment Agreement.

The Company expects to mail subscription certificates evidencing the rights and a copy of the prospectus and prospectus supplement for the rights offering to stockholders as of the rights offering record date beginning on or about September 10, 2021. Holders of shares of common stock in “street name” through a brokerage account, bank or other nominee will not receive physical subscription certificates evidencing the rights and must instruct their broker, bank or nominee whether to exercise subscription rights on their behalf. For any questions or further information about the rights offering, please call Georgeson LLC, the information agent for the rights offering, at 866-216-0462.

Neither the Company nor its Board of Directors has made any recommendation as to whether stockholders should exercise their rights. Stockholders are urged to carefully review the prospectus supplement and subscription materials the Company will provide and consult with their own legal and financial advisors in deciding whether or not to exercise the rights. The rights will be non-transferable. As such, stockholders will not be able to sell their rights if they do not wish to exercise them.

No Offer or Solicitation / Additional Information and Where to Find It

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor will there be any sale of any securities in any state or other jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The rights offering is being made pursuant to the Company’s shelf registration statement on Form S-3, which became effective on May 6, 2020, and a prospectus supplement containing the detailed terms of the rights offering filed with the SEC on September 10, 2021. Any offer will be made only by means of a prospectus and prospectus supplement forming part of the registration statement. Investors should read the prospectus and prospectus supplement and consider the investment objective, risks, fees and expenses of the Company carefully before investing.

INVESTORS AND STOCKHOLDERS OF THE COMPANY ARE URGED TO READ THE PROSPECTUS, PROSPECTUS SUPPLEMENT AND ANY OTHER RELEVANT DOCUMENTS THAT MAY BE FILED WITH THE SECURITIES AND EXCHANGE COMMISSION (THE “SEC”), AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THESE DOCUMENTS, CAREFULLY AND IN THEIR ENTIRETY IF AND WHEN THEY BECOME AVAILABLE BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION ABOUT THE OFFERING.

Copies of the prospectus and prospectus supplement, when they become available, will be mailed to all eligible stockholders as of the rights offering record date and may also be obtained free of charge at the website maintained by the SEC at www.sec.gov or by contacting the information agent for the rights offering, Georgeson LLC, toll free at 866-216-0462.

In connection with the proposed transaction with Conversant Capital, the Company filed a proxy statement with the SEC on August 31, 2021. The Company may also file other relevant documents with the SEC regarding the proposed transaction. The proxy statement is being delivered to stockholders of the Company. This communication is not a substitute for the proxy statement or any other document that may be filed with the SEC in connection with the proposed transaction.

Participants in the Solicitation

The Company and its executive officers and directors and certain other members of management and employees may, under the rules of the SEC, be deemed to be “participants” in the solicitation of proxies in connection with the proposed transaction. Information regarding the Company’s directors and executive officers is available in its Proxy Statement on Schedule 14A for its 2020 Annual Meeting of Stockholders, filed with the SEC on November 3, 2020, and in its Annual Report on Form 10-K for the year ended December 31, 2020, filed with the SEC on March 31, 2021, as amended on April 30, 2021. These documents may be obtained free of charge from the sources indicated above. Other information regarding the participants in the proxy solicitation and a description of their direct and indirect interests, by security holdings or otherwise, is contained in the proxy statement and other relevant materials relating to the proposed transaction filed with the SEC.

About Capital Senior Living

Dallas-based Capital Senior Living Corporation is one of the nation’s leading operators of independent living, assisted living and memory care communities for senior adults. The Company operates 75 communities that are home to nearly 7,000 residents across 18 states providing compassionate, resident-centric services and care and engaging programming. The Company offers seniors the freedom and opportunity to successfully, comfortably and happily age in place. For more information, visit http://www.capitalsenior.com or connect with the Company on Facebook or Twitter.

Safe Harbor

The forward-looking statements in this press release are subject to certain risks and uncertainties that could cause the Company’s actual results and financial condition to differ materially, including, but not limited to, the Company’s ability to obtain stockholder approval for the proposed transaction; the satisfaction of all conditions to the closing of the proposed transaction; other risks related to the consummation of the proposed transaction, including the risk that the transaction will not be consummated within the expected time period or at all; the costs related to the proposed transaction; the impact of the proposed transaction on the Company’s business; any legal proceedings that may be brought related to the proposed transaction; the continued spread of COVID-19, including the speed, depth, geographic reach and duration of such spread; new information that may emerge concerning the severity of COVID-19; the actions taken to prevent or contain the spread of COVID-19 or treat its impact; the legal, regulatory and administrative developments that occur at the federal, state and local levels in response to the COVID-19 pandemic; the frequency and magnitude of legal actions and liability claims that may arise due to COVID-19 or the Company’s response efforts; the impact of COVID-19 and the Company’s near-term debt maturities on the Company’s ability to continue as a going concern; the Company’s ability to generate sufficient cash flows from operations, additional proceeds from debt refinancings, and proceeds from the sale of assets to satisfy its short and long-term debt obligations and to fund the Company’s capital improvement projects to expand, redevelop, and/or reposition its senior living communities; the Company’s ability to obtain additional capital on terms acceptable to it; the Company’s ability to extend or refinance its existing debt as such debt matures; the Company’s compliance with its debt agreements, including certain financial covenants, and the risk of cross-default in the event such non-compliance occurs; the Company’s ability to complete acquisitions and dispositions upon favorable terms or at all, including the transfer of certain communities managed by the Company on behalf of Fannie Mae, Healthpeak, Ventas, and Welltower; the Company’s ability to improve and maintain adequate controls over financial reporting and remediate the identified material weakness; the risk of oversupply and increased competition in the markets which the Company operates; the risk of increased competition for skilled workers due to wage pressure and changes in regulatory requirements; the departure of the Company’s key officers and personnel; the cost and difficulty of complying with applicable licensure, legislative oversight, or regulatory changes; the risks associated with a decline in economic conditions generally; the adequacy and continued availability of the Company’s insurance policies and the Company’s ability to recover any losses it sustains under such policies; changes in accounting principles and interpretations; and the other risks and factors identified from time to time in the Company’s reports filed with the SEC.

Media Inquiries:

Dan Zacchei / Joe Germani

Sloane & Company

[email protected] / [email protected]

Investor Inquiries:

Chris Hayden

Georgeson LLC

(212) 440-9850, [email protected]

Company Contact:

Capital Senior Living

Kimberly Lody

President and Chief Executive Officer

(972) 308-8323, [email protected]

KEYWORDS: United States North America Texas

INDUSTRY KEYWORDS: Professional Services Finance

MEDIA:

Logo
Logo
Posted on

China XD Plastics Company Limited Receives Nasdaq Delisting Letter and Announces Intended Appeal

Harbin, China, Sept. 10, 2021 (GLOBE NEWSWIRE) — China XD Plastics Company Limited (Nasdaq: CXDC, the “Company”) today announced that it received a letter (the “Letter”) from the Listing Qualifications Department of the Nasdaq Stock Market (“Nasdaq”) indicating that Nasdaq’s staff (the “Staff”) has determined to deny the Company’s request for continued listing on Nasdaq.

The Company intends to request a hearing before a Nasdaq Hearings Panel no later than September 14, 2021 to seek an exception period in which to complete its filings and thereby regain compliance with listing standards. The Company’s request for a hearing will automatically suspend the delisting of its common stock for 15 calendar days from the deadline to request a hearing, or until September 29, 2021.

The Letter, dated September 7, 2021, states that the Staff has notified the Company on April 16, 2021 that it did not comply with Nasdaq’s filing requirements for continued inclusion set forth in Listing Rule 5250(c)(1) (the “Rule”) because it had not filed its Form 10-K for the fiscal year ended December 31, 2020 and notified the Company through subsequent additional delinquency notifications for failing to file its Forms 10-Q for the periods ended March 31, 2021 and June 30, 2021. The Company submitted materials to Nasdaq relating to its plan to regain compliance (the “Submission”). Based on the Staff’s review and the Submission, in addition to a telephone discussion on July 26, 2021, the Staff has determined that the Company did not provide a definitive plan evidencing its ability to achieve compliance with the Rule.

If the Company files all of its delinquent reports and regains compliance prior to a hearing before the Nasdaq Hearings Panel, then the Company’s common stock would continue trading on Nasdaq. There can be no assurance that the Company will be able to file its delinquent reports prior to a hearing before the Panel or that the Panel will grant the Company a stay of delisting or additional time to regain compliance.

Hearings are typically held within 30 to 45 calendar days from the date of request and the Hearings Panel generally issues a written decision approximately 35 days after the hearing. If the Panel’s decision is unfavorable, the Company also has the option to appeal the decision to the Nasdaq Listing and Hearing Review Council within 15 calendar days of the Panel’s decision. 

About
China XD Plastics Company Limited

China XD Plastics Company Limited, through its wholly-owned subsidiaries, develops, manufactures, and sells polymer composites materials, primarily for automotive applications. The Company’s products are used in the exterior and interior trim and in the functional components of 31 automobile brands manufactured in China, including without limitation, Audi, Mercedes Benz, BMW, Toyota, Buick, Chevrolet, Mazda, Volvo, Ford, Citroen, Jinbei, VW Passat, Golf, and Jetta. The Company’s wholly-owned research center is dedicated to the research and development of polymer composites materials and benefits from its cooperation with well-known scientists from prestigious universities in China. As of March 31, 2021, 688 of the Company’s products have been certified for use by one or more of the automobile manufacturers in China. For more information, please visit the Company’s English website at http://chinaxd.irpass.com/, and the Chinese website at http://www.xdholding.com.

Contacts:

China XD Plastics Co., Ltd.

Ms. Chang Yi, Investor Relations

Phone: +1 (212) 747-1118
Email: [email protected]



Posted on

InterDigital Board of Directors Declares Regular Quarterly Cash Dividend

WILMINGTON, Del., Sept. 10, 2021 (GLOBE NEWSWIRE) — InterDigital, Inc. (NASDAQ:IDCC), a mobile and video technology research and development company, today announced that its Board of Directors has declared a regular quarterly cash dividend of $0.35 per share on its common stock, payable on October 27, 2021 to shareholders of record at the close of business on October 13, 2021.

About InterDigital

®

InterDigital develops mobile and video technologies that are at the core of devices, networks, and services worldwide. We solve many of the industry’s most critical and complex technical challenges, inventing solutions for more efficient broadband networks, better video delivery, and richer multimedia experiences years ahead of market deployment. InterDigital has licenses and strategic relationships with many of the world’s leading technology companies. Founded in 1972, InterDigital is listed on NASDAQ.

InterDigital is a registered trademark of InterDigital, Inc.

For more information, visit: www.interdigital.com.

InterDigital Contact:
Tiziana Figliolia
[email protected] 
+1 (302) 300-1857
        



Posted on

The China Fund, Inc. Records Third Quarter Results

PR Newswire

NEW YORK, Sept. 10, 2021 /PRNewswire/ — The China Fund, Inc. (NYSE: CHN) today announced its financial results for its third fiscal quarter ended July 31, 2021.  The Fund is a closed-end management investment company with the objective of seeking long-term capital appreciation by investing primarily in equity securities (i) of companies for which the principal securities trading market is in the People’s Republic of China (“China“), or (ii) of companies for which the principal securities trading market is outside of China, or constituting direct equity investments in companies organized outside of China, that in both cases derive at least 50% of their revenues from goods and services sold or produced, or have at least 50% of their assets, in China. Whilst the Fund is permitted to invest in direct equity investments of companies organized in China, it presently holds no such investments.


Nine Months Ended July 31, 2021


Twelve Months Ended


October 31, 2020


Nine Months Ended July 31, 2020

Net Investment Income

$1,076,354

$675,279

$1,130,724

Net Investment Income Per share

$0.10

$0.06

$0.11

Net Realized and Unrealized Gains on Investments and Foreign Currency Transactions

$18,152,584

$104,894,256

$81,335,467

 


Nine Months Ended July 31, 2021


Twelve Months Ended October 31, 2020


Nine Months Ended July 31, 2020

Net Realized and Unrealized Gains on Investments and Foreign Currency Transactions Per Share

$1.74

$10.04

$7.77

Total Net Assets

$323,747,776

$329,412,097

$306,900,128

Net Asset Value

$31.06

$31.52

$29.30

Shares Outstanding

10,424,861

10,449,992

10,473,095

The Fund’s total net assets on July 31, 2021 were $323,747,776 and its net asset value per share was $31.06 based on 10,424,861 shares outstanding. A combined distribution of $2.3123 per share from net investment income and realized gains was made in December 2020.

The China Fund, Inc. is listed on the New York Stock Exchange under the ticker symbol “CHN”.  The Fund’s investment manager is Matthews International Capital Management, LLC.

For further information regarding the Fund and the Fund’s holdings, please call (888)-CHN-CALL or visit the Fund’s website at www.chinafundinc.com.

 

Cision View original content:https://www.prnewswire.com/news-releases/the-china-fund-inc-records-third-quarter-results-301373616.html

SOURCE The China Fund, Inc.

Posted on

Artisan Partners Asset Management Inc. Reports August 2021 Assets Under Management

MILWAUKEE, Sept. 10, 2021 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of August 31, 2021 totaled $181.1 billion. Artisan Funds and Artisan Global Funds accounted for $88.6 billion of total firm AUM, while separate accounts and other AUM1 accounted for $92.5 billion.

ASSETS UNDER MANAGEMENT BY STRATEGY2  
   
As of August 31, 2021 – ($ Millions)  
Growth Team  
Global Opportunities $28,463  
Global Discovery 2,682  
U.S. Mid-Cap Growth 18,863  
U.S. Small-Cap Growth 6,693  
Global Equity Team  
Global Equity 3,114  
Non-U.S. Growth 22,488  
Non-U.S. Small-Mid Growth 9,858  
China Post-Venture 146  
U.S. Value Team  
Value Equity 4,028  
U.S. Mid-Cap Value 4,011  
International Value Team  
International Value 30,790  
International Small Cap Value 23  
Global Value Team  
Global Value 25,798  
Select Equity 426  
Sustainable Emerging Markets Team  
Sustainable Emerging Markets 1,035  
Credit Team  
High Income 8,013  
Credit Opportunities 117  
Developing World Team  
Developing World 9,743  
Antero Peak Group  
Antero Peak 3,591  
Antero Peak Hedge 1,200  
   
Total Firm Assets Under Management (“AUM”) $181,082  

1 Separate account and other AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account and other AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, and in our own private funds.
2 AUM for certain strategies include the following amounts for which Artisan Partners provides investment models to managed account sponsors (reported on a one-month lag): Artisan Sustainable Emerging Markets $23 million.

ABOUT ARTISAN PARTNERS
Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners’ autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates.

Investor Relations Inquiries: 866.632.1770 or [email protected]
Source: Artisan Partners Asset Management Inc.



Posted on

AbCellera to Present Virtually at the BofA Securities – Tech Solutions for Drug Discovery Conference

AbCellera to Present Virtually at the BofA Securities – Tech Solutions for Drug Discovery Conference

VANCOUVER–(BUSINESS WIRE)–
AbCellera (Nasdaq: ABCL) today announced that executives from the Company will present virtually at the BofA Securities  – Tech Solutions for Drug Discovery Conference on Monday, September 20, 2021, at 9:00 a.m. Pacific Time.

A live audio webcast of the presentation may be accessed through a link that will be posted on AbCellera’s Investor Relations website. A replay will be available through the same link following the presentation.

About AbCellera Biologics Inc.

AbCellera is a technology company that searches, decodes, and analyzes natural immune systems to find antibodies that its partners can develop into drugs to prevent and treat disease. AbCellera partners with drug developers of all sizes, from large pharmaceutical to small biotechnology companies, empowering them to move quickly, reduce costs, and tackle the toughest problems in drug development. For more information, please visit www.abcellera.com.

Source: AbCellera Biologics Inc.

Inquiries

Media: Jessica Yingling, Ph.D.; [email protected], +1(236)521-6774

Business Development: Neil Berkley, Ph.D.; [email protected], +1(604)559-9005

Investor Relations: Melanie Solomon; [email protected], +1(778)729-9116

KEYWORDS: New York United States North America Canada

INDUSTRY KEYWORDS: Biotechnology Pharmaceutical Health

MEDIA:

Logo
Logo