Phoenix Tower Converts Financing to Sustainability-Linked Loan

Phoenix Tower International (“PTI”), a leading global wireless communications infrastructure provider, announced the conversion of €1.2 billion credit facilities into a Sustainability-Linked Loan (“SLL”). The facilities will support PTI’s future growth in providing critical and energy conscious tower infrastructure to new and existing markets around the world. ING acted as joint mandated lead arranger, bookrunner and sole sustainability coordinator for this deal. The SLL was structured in alignment with the Sustainability-Linked Loan Principles as governed...

CGI announces intent to repurchase 2.89 million of its shares held by CDPQ

CGI announced that it intends to enter into a private agreement with CDPQ for the purchase for cancellation of 2,887,878 of its Class A subordinate voting shares (“Class A Shares”) held by CDPQ for a price of $138.51 per Class A Share, which represents a discount to the closing price on May 27, 2024 of the Class A Shares on the Toronto Stock Exchange (“TSX”). The transaction will be made in connection with the periodic portfolio rebalancing of...

GAINS Associates Bolsters Ecosystem with Three Top Advisors

GAINS Associates, a pioneer in decentralized venture capital, is thrilled to announce the strategic addition of three new advisors to its robust ecosystem. These appointments come at a crucial time as GAINS continues to push the boundaries of decentralized finance and expand its global influence. The new advisors, Walid Benothman, Evan Luthra, and Jonathan Faye, bring a wealth of experience and expertise that will undoubtedly fortify GAINS Associates’ market position and help spearhead innovative developments....

Christopher Hix joins Brady Corporation Board of Directors

Brady Corporation (“Brady” or “Company”) announced that Christopher Hix will join its Board of Directors, effective May 24, 2024. Mr. Hix joins the Brady Board of Directors after a 39-year career in public companies serving a broad range of global markets. From 2016 until his retirement in 2022, he served as Chief Financial Officer of Enovis Corporation (and its predecessor Colfax Corporation) while the company transformed its industrial business portfolio to faster-growth medical technologies. Mr....

LPL Financial Welcomes Cornerstone Financial Advisers

LPL Financial LLC announced that financial advisors Lance Dumas, AIF®, ChFC®, and Darryl Carter CPA, have joined LPL Financial’s broker-dealer, RIA and custodial platforms. They reported serving approximately $225 million in advisory, brokerage and retirement plan assets* and join LPL from Cetera. Based in Orange County, Calif., Dumas and Carter founded Cornerstone Financial Advisers in 2017 as a consulting firm dedicated to helping families, individuals and business owners establish their goals and create financial plans to pursue...

Spectrum Investment Advisors announces new hires

Spectrum Investment Advisors is thrilled to announce the exciting three additions to our firm. Spectrum continues to grow and seek individuals who bring not just talent, but also heart. These new hires exemplify this perfectly, possessing both a relentless work ethic and a deep care for their colleagues and our mission. Max Flanagan, AAMS®, CFP® hired as Wealth Manager Max is licensed as an Accredited Asset Management Specialist (AAMS®) and Certified Financial Planner (CFP®). Max started at...

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