Latest news with #capitalmarkets
Arab News
3 hours ago
- Business
- Arab News
Elevare360 and Sahmik to power IR innovation in region
Elevare360 Advisory, a Saudi-based investor relations and strategic communications consultancy, and Sahmik, a Qatari capital markets data and analytics platform, have signed a strategic partnership agreement marking a pivotal step toward advancing investor relations standards across the GCC. As part of the agreement, the two firms will launch a co-branded bilingual investor relations platform tailored to clients in Saudi Arabia. The new solution, 'Powered by Sahmik × Elevare360,' will integrate real-time market data, ESG dashboards, and institutional-grade reporting tools into state-of-the-art IR websites. Already trusted by major GCC-listed companies, Sahmik's platform brings proven technology and credibility to the Kingdom. The solution will offer Saudi issuers a digital gateway to articulate their equity story, meet disclosure requirements, and actively engage shareholders — supporting the region's digital transformation drive to attract long-term capital and position-listed companies for global visibility. This partnership reflects the rising prominence of the Saudi stock market and the abundant opportunities it presents for regional and international investors. It also signals the growing maturity of GCC-based companies in adopting professional IR practices and forging high-impact cross-border alliances. As part of the agreement, the two firms will launch a co-branded bilingual investor relations platform tailored to clients in Saudi Arabia. Amid the Kingdom's busiest issuance cycle to date, 2024 saw 44 new listings raise the Saudi Exchange's total to 353 companies — up from 247 main-market names at the end of 2023. Momentum is set to accelerate, with forecasts from Al-Rajhi Capital, EY, and others projecting 50–60 IPOs across 2025–26. Against this backdrop of rapid expansion, the Elevare360 × Sahmik collaboration arrives at a pivotal moment — equipping issuers with data-rich, bilingual IR technology and strategic counsel to stand out, meet rising disclosure demands, and compete for global capital on a broader, faster-moving market stage. 'This partnership underscores our conviction that data-driven investor-relations solutions are essential for Saudi companies that want to attract and retain both institutional and retail investors. By deploying these cutting-edge tools, we can help transform the Kingdom's capital with Sahmik, we're equipping issuers to be more transparent, investor-ready, and fully aligned with the ambitions of Vision 2030,' said Dr. Mishal Al-Harbi, co-founder and COO of Elevare360. 'The Elevare-Sahmik alliance is a natural extension of our mission to democratize access to capital markets data and IR technology. By combining our analytics engine with Elevare's strategic expertise, we're delivering a truly end-to-end IR solution that scales across the GCC,' said Dalibor Pajic, head of content and data management. Rasha El-Hassan, head of IR advisory at Elevare360, added: 'The integration of advanced analytics and real-time market intelligence with strategic advisory services is a game changer for IR professionals across the region. Through our partnership with Sahmik, we are empowering companies to proactively manage investor perceptions, streamline compliance, and elevate their equity narratives in alignment with global best practices. This collaboration marks a significant leap forward in setting new standards for investor engagement and transparency in our region.' Initially focused on Saudi Arabia and Qatar, the partnership plans to expand across the broader GCC in response to growing demand for digital IR tools and localized advisory services. As members of the Middle East Investor Relations Association, both Elevare360 and Sahmik view this partnership as a testament to the value of regional collaboration within the MEIRA community — demonstrating how shared standards, data transparency, and strategic storytelling can unlock cross-border value.
Yahoo
5 hours ago
- Business
- Yahoo
HB Capital Expands Structured CRE Finance Team through Merger with Geoffrey Harris
PHOENIX, July 22, 2025--(BUSINESS WIRE)--HB Capital ( a national capital-advisory firm specializing in commercial-real-estate financing, today announced that Geoffrey Harris and his team have joined the company. The move broadens HB Capital's structured-finance capabilities and accelerates its growth across U.S. markets. Geoffrey Harris becomes Executive Managing Director and Partner after 26 years in mortgage banking, debt-and-equity structuring, and capital-markets advisory, most recently leading Tower Capital's nationwide placement platform. Over his career he has closed more than 2,400 transactions totaling $14+ billion and is a perennial top originator in the NNN, multi-tenant retail, office, and industrial sectors. His deep lender network will strengthen HB Capital's relationships with banks, life companies, debt funds, agencies, and private lenders. "We are thrilled to welcome Geoffrey and his exceptional team," said Hannah Hammond, Founder and CEO of HB Capital. "Their track record and values align perfectly with our mission to fund the visions of developers and investors with precision, speed, and integrity." New Team Members Alex Chenarides, Sr. Managing Director – Originator with 25 years and $3 billion in closings across all asset classes. Adam Folz, Sr. Managing Director – Specialist in structured financing for multifamily, office, industrial, and retail repositioning. Tanner Johnson, Managing Director – Debt-and-equity advisor with $500 million in completed transactions. Erik Dickerson, Associate Director, Capital Markets – Analyst who has worked on $100 million in originations since 2024. Joe Carlson, Director – Strategist focused on multifamily and commercial equity solutions. Monica Pendergast, Sr. Transaction Manager – Closing and servicing specialist with 25 years' experience. About HB Capital HB Capital is a mission-driven commercial-real-estate capital-advisory firm dedicated to being the most trusted partner in funding the visions of real estate investors across the U.S. The company delivers debt and equity solutions for every stage of the investment lifecycle, supported by deep market intelligence, cutting-edge AI technology, and an expansive lender network. Founder and CEO Hannah Hammond earned a Full Ride Scholarship to Ira A. Fulton School of Engineering, and graduated summa cum laude in three years. She closed her first CRE deal at 18 as a broker, and began to build her own portfolio. Her leadership philosophy—"Freedom Beyond Fortune"—combines rigorous continuous improvement with people-first values to empower clients, team members, and communities to reach their highest potential, and to create not only generational wealth, but true generational freedom. View source version on Contacts Hannah Hammond | 602-759-0834 | Hello@ Erreur lors de la récupération des données Connectez-vous pour accéder à votre portefeuille Erreur lors de la récupération des données
Khaleej Times
8 hours ago
- Business
- Khaleej Times
ADX signs MoU with Budapest Stock Exchange for strategic partnership and collaboration
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing and leading exchanges in the Middle East, and the Budapest Stock Exchange (BSE), the second-largest exchange in Central and Eastern Europe, signed a Memorandum of Understanding (MOU) to collaborate on a number of key initiatives. The MoU sets out to deepen relations between the two countries' capital markets and share best practices. The agreement also marks another important step in the BSE's efforts to build international relations, including in the Middle East. The development dovetails well with ADX's ongoing efforts and initiatives to strengthen relationships with leading global financial institutions. Within the framework of the agreement, the two parties will seek, among other things, to promote the visibility of the Hungarian and UAE capital markets by organizing joint events such as investor roadshows, seminars and educational programmes. The parties are also exploring the possibility of cooperation in the development and promotion of ETF products in order to provide investors in both markets with more diversified and modern instruments. The BSE and ADX will also analyze the possibilities of dual listings and cross-border trading. The two exchanges are also planning closer professional cooperation in the field of ESG. A key part of the agreement is the sharing and exchange of best practices, including on market developments, regulatory practices, product development and IT capacity building. The two parties will explore and evaluate appropriate pathways for the BSE to become part of the Tabadul Hub, a pioneering platform launched by ADX in 2022. As the region's first digital exchange based on a mutual market access model, Tabadul facilitates seamless cross-border trading by connecting exchanges through a digital network and enabling brokerage firms to provide remote access to international markets. Abdulla Salem Alnuaimi, Group CEO of Abu Dhabi Securities Exchange (ADX), said: 'This collaboration with the Budapest Stock Exchange marks a key milestone in ADX's global integration journey, establishing a strong foundation for enhanced cooperation and innovation. Together, we aim to develop new financial products, including ETFs, indices, and other investment vehicles, to serve both local and international investors. The partnership also explores opportunities for cross-listings between the two markets, while the Tabadul Hub will further enhance digital connectivity and remote market access. This strategic alliance reinforces Abu Dhabi's position as a dynamic and globally connected financial center committed to sustainable growth and shared prosperity.' Tibor Tóth, CEO of the Budapest Stock Exchange, emphasized that the partnership not only strengthens the relationship between the two exchanges but also opens new opportunities for Hungarian and Emirati investors. 'We are confident that these new initiatives will make our markets even more attractive to both domestic and international investors. Tabadul is a unique platform and initiative providing exciting opportunities for BSE' This strategic collaboration is set to provide a robust platform for financial growth and connectivity between the UAE and Hungary, reflecting ADX's and BSE's commitment to global economic progress.
Associated Press
8 hours ago
- Business
- Associated Press
Travel + Leisure Co. Completes $300 Million Term Securitization
ORLANDO, Fla.--(BUSINESS WIRE)--Jul 22, 2025-- Travel + Leisure Co. (NYSE:TNL) announced today it completed a term securitization transaction involving the issuance of $300 million in principal amount of asset-backed notes with an overall weighted average coupon of 5.10%. The advance rate for this transaction was 98.00%. 'This transaction once again demonstrates the strength of our business model and our ability to continue to access capital,' said Erik Hoag, Chief Financial Officer of Travel + Leisure Co. 'The strong investor demand allowed us to tighten spread levels across the capital structure. As a result, we were able to price with an all-in coupon of 5.10%, which is the tightest level achieved since early 2022. We are excited about the closing of this transaction, its terms, and the enhancement it provides to our liquidity position.' Sierra Timeshare 2025-2 Receivables Funding LLC issued $143 million of Class A Notes, $67 million of Class B Notes, $59 million of Class C Notes, and $31 million of Class D Notes. The Class A Notes have a coupon of 4.72%, the Class B Notes have a coupon of 4.93%, the Class C Notes have a coupon of 5.32%, and the Class D Notes have a coupon of 6.79%. Sierra Timeshare 2025-2 Receivables Funding LLC is an indirect subsidiary of Travel + Leisure Co. The transaction was completed in reliance upon Rule 144A and Regulation S as a placement of securities not registered under the Securities Act of 1933, as amended, or any state securities law. All of such securities having been sold, this announcement of their sale appears as a matter of record only. About Travel + Leisure Co. Travel + Leisure Co. (NYSE:TNL) is a leading leisure travel company, providing more than six million vacations to travelers around the world every year. The company operates a portfolio of vacation ownership, travel club, and lifestyle travel brands designed to meet the needs of the modern leisure traveler, whether they're traversing the globe or staying a little closer to home. With hospitality and responsible tourism at its heart, the company's nearly 19,000 dedicated associates around the globe help the company achieve its mission to put the world on vacation. View source version on CONTACT: Investors: Investor Relations [email protected] Contact: Public Relations [email protected] KEYWORD: UNITED STATES NORTH AMERICA FLORIDA INDUSTRY KEYWORD: PUBLISHING MARKETING COMMUNICATIONS OTHER TRAVEL LODGING VACATION DESTINATIONS TOURIST ATTRACTIONS CRUISE TRAVEL SOURCE: Travel + Leisure Co. Copyright Business Wire 2025. PUB: 07/22/2025 12:30 PM/DISC: 07/22/2025 12:31 PM
Zawya
12 hours ago
- Business
- Zawya
Abu Dhabi Securities Exchange signs MoU with Budapest Stock Exchange
The Abu Dhabi Securities Exchange (ADX), one of the fastest-growing and leading exchanges in the Middle East, and the Budapest Stock Exchange (BSE), the second-largest exchange in Central and Eastern Europe, signed a Memorandum of Understanding (MoU) to collaborate on a number of key initiatives. The signing took place on the sidelines of the state visit of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, to Hungary. The signing ceremony took place at the offices of the BSE in the presence of Saud Hamad Al Shamsi, UAE Ambassador to Hungary. The MoU sets out to deepen relations between the two countries' capital markets and share best practices. The agreement also marks another important step in the BSE's efforts to build international relations, including in the Middle East. The development dovetails well with ADX's ongoing efforts and initiatives to strengthen relationships with leading global financial institutions. Within the framework of the agreement, the two parties will seek, among other things, to promote the visibility of the Hungarian and UAE capital markets by organising joint events such as investor roadshows, seminars and educational programs. The parties are also exploring the possibility of cooperation in the development and promotion of ETF products in order to provide investors in both markets with more diversified and modern instruments. The BSE and ADX will also analyse the possibilities of dual listings and cross-border trading. The two exchanges are also planning closer professional cooperation in the field of ESG. A key part of the agreement is the sharing and exchange of best practices, including on market developments, regulatory practices, product development and IT capacity building. The two parties will explore and evaluate appropriate pathways for the BSE to become part of the Tabadul Hub, a pioneering platform launched by ADX in 2022. As the region's first digital exchange based on a mutual market access model, Tabadul facilitates seamless cross-border trading by connecting exchanges through a digital network and enabling brokerage firms to provide remote access to international markets. On the signing of the MoU, Abdulla Salem Alnuaimi, Group CEO of Abu Dhabi Securities Exchange (ADX), said, 'This collaboration with the Budapest Stock Exchange marks a key milestone in ADX's global integration journey, establishing a strong foundation for enhanced cooperation and innovation. Together, we aim to develop new financial products, including ETFs, indices, and other investment vehicles, to serve both local and international investors. The partnership also explores opportunities for cross-listings between the two markets, while the Tabadul Hub will further enhance digital connectivity and remote market access. This strategic alliance reinforces Abu Dhabi's position as a dynamic and globally connected financial centre committed to sustainable growth and shared prosperity.' Tibor Tóth, CEO of the Budapest Stock Exchange, emphasised that the partnership not only strengthens the relationship between the two exchanges but also opens new opportunities for Hungarian and Emirati investors. 'We are confident that these new initiatives will make our markets even more attractive to both domestic and international investors. Tabadul is a unique platform and initiative providing exciting opportunities for BSE'. This strategic collaboration is set to provide a robust platform for financial growth and connectivity between the UAE and Hungary, reflecting ADX's and BSE's commitment to global economic progress.
