Latest news with #IPG
Yahoo
2 days ago
- Business
- Yahoo
CDB Aviation Subsidiary CDBL FUNDING 1 Prices USD 700 Million Dual-Tranche Senior Unsecured Notes
DUBLIN, May 27, 2025--(BUSINESS WIRE)--CDBL FUNDING 1, a wholly owned subsidiary of CDB Aviation Lease Finance Designated Activity Company ("CDB Aviation"), successfully priced a dual-tranche offering of senior unsecured notes (the "Notes") totaling USD 700 million on May 20, 2025. The Notes were issued under its USD 3.0 billion Medium Term Note Program in Regulation S format, with the full support of its guarantor, CDB Aviation, and the keepwell and asset purchase deed provider, China Development Bank Financial Leasing Co., Ltd. (HKEX: 1606). The offering consists of: 5-year USD 400 million senior fixed rate notes bearing a 4.750% coupon, priced at T5+75bps, representing a 40bps tightening from IPG; and 5-year USD 300 million senior floating rate notes, priced at SOFR + 80bps, tightening by 50bps from IPG. The transaction attracted strong demand from a broad base of global investors, with the orderbook peaking at over USD 4 billion and final allocations made to approximately 100 institutional accounts. "This marks CDB Aviation's return to the international bond market after a four-year hiatus," said Jie Chen, Chief Executive Officer of CDB Aviation. "This issuance is a key milestone in executing our long-term funding strategy. By diversifying our funding sources, optimizing our debt structure, and having a better matching of assets with our liabilities, we are positioning CDB Aviation for sustainable, long-term growth." The deal was jointly led by a consortium of leading global financial institutions. Standard Chartered Bank, Morgan Stanley, Goldman Sachs (Asia) L.L.C., China CITIC Bank International, China Securities International, and Bank of China acted as Joint Global Coordinators, Joint Lead Managers, and Joint Bookrunners. Additional Joint Lead Managers and Bookrunners included HSBC, China Everbright Bank Hong Kong Branch, Crédit Agricole CIB, Industrial Bank Co., Ltd. Hong Kong Branch, DBS Bank Ltd., and China Minsheng Banking Corp., Ltd. Hong Kong. Forward-Looking Statements This press release contains certain forward-looking statements, beliefs or opinions, including with respect to CDB Aviation's business, financial condition, results of operations or plans. CDB Aviation cautions readers that no forward-looking statement is a guarantee of future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as "may," "will," "seek," "continue," "aim," "anticipate," "target," "projected," "expect," "estimate," "intend," "plan," "goal," "believe," "achieve" or other terminology or words of similar meaning. These statements are based on the current beliefs and expectations of CDB Aviation's management and are subject to significant risks and uncertainties. Actual results and outcomes may differ materially from those expressed in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise. About CDB Aviation CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. ("CDB Leasing") a 40-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody's (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is one of the world's largest development finance institutions. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating. CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China's leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business – listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606). View source version on Contacts Media contact:Paul +1 612 594 9844
Business Wire
2 days ago
- Business
- Business Wire
CDB Aviation Subsidiary CDBL FUNDING 1 Prices USD 700 Million Dual-Tranche Senior Unsecured Notes
DUBLIN--(BUSINESS WIRE)--CDBL FUNDING 1, a wholly owned subsidiary of CDB Aviation Lease Finance Designated Activity Company ('CDB Aviation'), successfully priced a dual-tranche offering of senior unsecured notes (the 'Notes') totaling USD 700 million on May 20, 2025. This marks CDB Aviation's return to the international bond market after a four-year hiatus, during which we relied more heavily on bank financing. This issuance is a key milestone in executing our long-term funding strategy. The Notes were issued under its USD 3.0 billion Medium Term Note Program in Regulation S format, with the full support of its guarantor, CDB Aviation, and the keepwell and asset purchase deed provider, China Development Bank Financial Leasing Co., Ltd. (HKEX: 1606). The offering consists of: 5-year USD 400 million senior fixed rate notes bearing a 4.750% coupon, priced at T5+75bps, representing a 40bps tightening from IPG; and 5-year USD 300 million senior floating rate notes, priced at SOFR + 80bps, tightening by 50bps from IPG. The transaction attracted strong demand from a broad base of global investors, with the orderbook peaking at over USD 4 billion and final allocations made to approximately 100 institutional accounts. 'This marks CDB Aviation's return to the international bond market after a four-year hiatus,' said Jie Chen, Chief Executive Officer of CDB Aviation. 'This issuance is a key milestone in executing our long-term funding strategy. By diversifying our funding sources, optimizing our debt structure, and having a better matching of assets with our liabilities, we are positioning CDB Aviation for sustainable, long-term growth.' The deal was jointly led by a consortium of leading global financial institutions. Standard Chartered Bank, Morgan Stanley, Goldman Sachs (Asia) L.L.C., China CITIC Bank International, China Securities International, and Bank of China acted as Joint Global Coordinators, Joint Lead Managers, and Joint Bookrunners. Additional Joint Lead Managers and Bookrunners included HSBC, China Everbright Bank Hong Kong Branch, Crédit Agricole CIB, Industrial Bank Co., Ltd. Hong Kong Branch, DBS Bank Ltd., and China Minsheng Banking Corp., Ltd. Hong Kong. Forward-Looking Statements This press release contains certain forward-looking statements, beliefs or opinions, including with respect to CDB Aviation's business, financial condition, results of operations or plans. CDB Aviation cautions readers that no forward-looking statement is a guarantee of future performance and that actual results or other financial condition or performance measures could differ materially from those contained in the forward-looking statements. These forward-looking statements can be identified by the fact that they do not relate only to historical or current facts. Forward-looking statements sometimes use words such as 'may,' 'will,' 'seek,' 'continue,' 'aim,' 'anticipate,' 'target,' 'projected,' 'expect,' 'estimate,' 'intend,' 'plan,' 'goal,' 'believe,' 'achieve' or other terminology or words of similar meaning. These statements are based on the current beliefs and expectations of CDB Aviation's management and are subject to significant risks and uncertainties. Actual results and outcomes may differ materially from those expressed in the forward-looking statements. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and we do not assume any responsibility for the accuracy or completeness of any of these forward-looking statements. Except as required by applicable law, we do not undertake any obligation to, and will not, update any forward-looking statements, whether as a result of new information, future events or otherwise. About CDB Aviation CDB Aviation is a wholly owned Irish subsidiary of China Development Bank Financial Leasing Co., Ltd. ('CDB Leasing') a 40-year-old Chinese leasing company that is backed mainly by the China Development Bank. CDB Aviation is rated Investment Grade by Moody's (A2), S&P Global (A), and Fitch (A+). China Development Bank is under the direct jurisdiction of the State Council of China and is one of the world's largest development finance institutions. It is also the largest Chinese bank for foreign investment and financing cooperation, long-term lending and bond issuance, enjoying Chinese sovereign credit rating. CDB Leasing is the only leasing arm of the China Development Bank and a leading company in China's leasing industry that has been engaged in aircraft, infrastructure, ship, commercial vehicle and construction machinery leasing and enjoys a Chinese sovereign credit rating. It took an important step in July 2016 to globalize and marketize its business – listing on the Hong Kong Stock Exchange (HKEX STOCK CODE: 1606).
Yahoo
3 days ago
- Business
- Yahoo
1 S&P 500 Stock with Solid Fundamentals and 2 to Turn Down
The S&P 500 (^GSPC) is home to the biggest and most well-known companies in the market, making it a go-to index for investors seeking stability. But not all large-cap stocks are created equal - some are struggling with slowing growth, declining margins, or increased competition. Some large-cap stocks are past their peak, and StockStory is here to help you separate the winners from the laggards. Keeping that in mind, here is one S&P 500 stock that could deliver good returns and two that could be in trouble. Market Cap: $5.76 billion Formerly Eldorado Resorts, Caesars Entertainment (NASDAQ:CZR) is a global gaming and hospitality company operating numerous casinos, hotels, and resort properties. Why Are We Cautious About CZR? Sales were flat over the last two years, indicating it's failed to expand its business Earnings per share fell by 25.8% annually over the last five years while its revenue grew, showing its incremental sales were much less profitable Limited cash reserves may force the company to seek unfavorable financing terms that could dilute shareholders At $27.88 per share, Caesars Entertainment trades at 1.5x forward EV-to-EBITDA. To fully understand why you should be careful with CZR, check out our full research report (it's free). Market Cap: $8.87 billion With a history dating back to 1902 and roots in the McCann-Erickson agency, Interpublic Group (NYSE:IPG) is a marketing and communications holding company that owns agencies specializing in advertising, media buying, public relations, and digital marketing services. Why Do We Pass on IPG? Core business is underperforming as its organic revenue has disappointed over the past two years, suggesting it might need acquisitions to stimulate growth Forecasted revenue decline of 3.2% for the upcoming 12 months implies demand will fall even further Free cash flow margin shrank by 9.6 percentage points over the last five years, suggesting the company is consuming more capital to stay competitive Interpublic Group is trading at $24 per share, or 8.9x forward P/E. Check out our free in-depth research report to learn more about why IPG doesn't pass our bar. Market Cap: $15.34 billion Established in 1973, Deckers (NYSE:DECK) is a footwear and apparel conglomerate with a portfolio of lifestyle and performance brands. Why Does DECK Stand Out? 18.5% annual revenue growth over the last five years surpassed the sector average as its brand resonated with consumers Share repurchases over the last five years enabled its annual earnings per share growth of 31.3% to outpace its revenue gains Improving returns on capital reflect management's ability to monetize investments Deckers's stock price of $101.11 implies a valuation ratio of 16.2x forward P/E. Is now the time to initiate a position? Find out in our full research report, it's free. Market indices reached historic highs following Donald Trump's presidential victory in November 2024, but the outlook for 2025 is clouded by new trade policies that could impact business confidence and growth. While this has caused many investors to adopt a "fearful" wait-and-see approach, we're leaning into our best ideas that can grow regardless of the political or macroeconomic climate. Take advantage of Mr. Market by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Comfort Systems (+782% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
7 days ago
- Business
- Yahoo
1 Small-Cap Stock with Exciting Potential and 2 to Turn Down
Small-cap stocks can be incredibly lucrative investments because their lack of analyst coverage leads to frequent mispricings. However, these businesses (and their stock prices) often stay small because their subscale operations make it harder to expand their competitive moats. The downside that can come from buying these securities is precisely why we started StockStory - to isolate the long-term winners from the losers so you can invest with confidence. Keeping that in mind, here is one small-cap stock that could amplify your portfolio's returns and two that could be down big. Market Cap: $1.05 billion Founded in 2012 by scientists seeking to overcome limitations in traditional biological research methods, 10x Genomics (NASDAQ:TXG) develops instruments, consumables, and software that enable researchers to analyze biological systems at single-cell resolution and spatial context. Why Is TXG Risky? Cash burn makes us question whether it can achieve sustainable long-term growth Negative returns on capital show that some of its growth strategies have backfired, and its decreasing returns suggest its historical profit centers are aging Waning returns on capital from an already weak starting point displays the inefficacy of management's past and current investment decisions At $8.45 per share, 10x Genomics trades at 1.8x forward price-to-sales. Read our free research report to see why you should think twice about including TXG in your portfolio, it's free. Market Cap: $8.90 billion With a history dating back to 1902 and roots in the McCann-Erickson agency, Interpublic Group (NYSE:IPG) is a marketing and communications holding company that owns agencies specializing in advertising, media buying, public relations, and digital marketing services. Why Should You Dump IPG? Organic sales performance over the past two years indicates the company may need to make strategic adjustments or rely on M&A to catalyze faster growth Sales are projected to tank by 3.2% over the next 12 months as its demand continues evaporating 9.6 percentage point decline in its free cash flow margin over the last five years reflects the company's increased investments to defend its market position Interpublic Group's stock price of $24.06 implies a valuation ratio of 8.9x forward P/E. To fully understand why you should be careful with IPG, check out our full research report (it's free). Market Cap: $910.7 million Transforming how doctors care for seniors by shifting financial incentives from volume to outcomes, agilon health (NYSE:AGL) provides a platform that helps primary care physicians transition to value-based care models for Medicare patients through long-term partnerships and global capitation arrangements. Why Does AGL Stand Out? Annual revenue growth of 40.5% over the past two years was outstanding, reflecting market share gains this cycle Customer trends over the past two years show it's maintaining a steady flow of new contracts that can potentially increase in value over time Earnings growth has trumped its peers over the last three years as its EPS has compounded at 14.5% annually agilon health is trading at $2.25 per share, or 0.1x forward price-to-sales. Is now a good time to buy? See for yourself in our comprehensive research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 6 Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-micro-cap company Kadant (+351% five-year return). Find your next big winner with StockStory today for free.
Yahoo
22-05-2025
- Business
- Yahoo
Interpublic Declares Common Stock Dividend
New York, NY, May 22, 2025 (GLOBE NEWSWIRE) -- Interpublic Group (NYSE: IPG) today announced that the company's Board of Directors has declared a quarterly dividend on IPG common stock of $0.33 per share, payable on June 16, 2025, to holders of record at the close of business on June 2, 2025. # # # About InterpublicInterpublic (NYSE: IPG) ( is a values-based, data-fueled, and creatively-driven provider of marketing solutions. Home to some of the world's best-known and most innovative communications specialists, IPG global brands include Acxiom, Craft, FCB, FutureBrand, Golin, Initiative, IPG Health, IPG Mediabrands, Jack Morton, KINESSO, MAGNA, McCann, Mediahub, Momentum, MRM, MullenLowe Global, Octagon, UM, Weber Shandwick and more. IPG is an S&P 500 company with total revenue of $10.7 billion in 2024. # # # Contact InformationTom Cunningham (Press) (212) 704-1326 Jerry Leshne (Analysts, Investors) (212) 704-1439
