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Parafin, launched in 2020, works with so-called platform partners, or companies that other small businesses sell their products through. All the cofounders knew was that they wanted to build technology that would help small businesses. And they may not get their first contract payment from the government for as long as 120 days," Reed, the startup's CEO, told Insider. Helping small businesses manage their taxesComplYant's founder Shiloh Jackson wants to help people be present in their bookkeeping. HoneyBookWhile countless small businesses have been harmed by the pandemic, self-employment and entrepreneurship have found ways to blossom as Americans started new ventures.

☆ China EV maker Leapmotor set to raise $800 million in Hong Kong IPO
▼ + stars: | 2022-09-25 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +3 min

HONG KONG, Sept 25 (Reuters) - Chinese electric vehicle (EV) maker Zhejiang Leapmotor Technology is set to raise $800 million by pricing its shares at HK$48 ($6.12) each in its Hong Kong initial public offering (IPO), said two sources with direct knowledge of the matter. Hong Kong IPO volumes have fallen nearly 90% as global markets remain roiled by China regulatory uncertainty, rising interest rates, high inflation and the Russia's war in Ukraine. Despite the Leapmotor and CALB deals, plus China Vanke's property services unit Onewo Inc raising $733 million, dealmakers are cautious there will be a solid rebound in new share sales in Hong Kong and overseas before 2023. "It feels that these IPOs are kind of one-off transactions and think the Hong Kong market is not yet fully opened up," said Shifara Samsudeen, LightStream Research analyst who publishes on Smartkarma. ($1 = 7.8493 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Scott Murdoch; Editing by Himani Sarkar and William MallardOur Standards: The Thomson Reuters Trust Principles.

The logo of Swiss bank Credit Suisse is seen at an office building in Zurich, Switzerland September 2, 2022. Reuters reported on Thursday that Credit Suisse had sounded out investors about a possible capital raising as it attempts a radical overhaul of its investment bank. "When we launched our strategic review, we committed to an ambitious timeline whilst also making it clear that we would carry out a rigorous and diligent evaluation of all options for Credit Suisse," the note said. A Credit Suisse spokesperson confirmed the contents of the memo. A bank spokesman said "Credit Suisse is not exiting the U.S.

While loans can be cheaper than issuing bonds, shorter-term debt is currently more expensive than longer tenors. Typically companies take a bridge loan to fund mergers but then pay it down with a long-dated bond issue before closing. The tech giant also doubled the size of its commercial paper program to $6 billion and said that it could expand the size of the term loan to $6 billion. "If a term loan is necessary due to timing of the deal closing, we expect to pay it back quickly," the company said. In the market for junk bonds, for example, some companies are paying higher rates to raise funds.

☆ Loans Are Cheaper Than Bonds for Some Highly Rated Companies
▼ + stars: | 2022-09-21 | by ( Nina Trentmann | ) www.wsj.com time to read: +7 min

Some highly rated companies are turning to term loans instead of bonds for their financing needs, taking advantage of cheaper pricing as banks have been slower to adjust to rising interest rates than the credit markets. Highly rated companies raised $998.8 billion in bonds in the U.S. this year through Monday, compared with $177.9 billion in term loans, according to Refinitiv, a data provider. For all of last year, fundraising through bonds amounted to $1.46 trillion versus $236.7 billion for term loans for investment-grade-rated companies. Term loans often have a shorter duration than bonds, with many of them ranging from three to five years. Term loans tend to be secured,” Mr. Holtz said, pointing to the mixture of bonds and term loans that make up the company’s capital structure.

REUTERS/Florence Lo/Illustration/File PhotoHONG KONG, Sept 21 (Reuters) - China's Tencent Music Entertainment Group (1698.HK) shares started trading at HK$18 ($2.29) each in the company's Hong Kong listing debut on Wednesday. The online music company announced last week that while New York would remain its primary listing venue it would start trading its shares in Hong Kong. Register now for FREE unlimited access to Reuters.com RegisterTencent Music said one of its U.S.-listed shares represented two of its Hong Kong shares. The two sides recently struck a deal to end the decade-long stand off and U.S. officials have arrived in Hong Kong to start reviewing U.S.-listed Chinese companies. ($1 = 7.8496 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Scott Murdoch and Donny Kwok; Editing by Christian Schmollinger and Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

☆ China EV maker Leapmotor launches up to $1 billion Hong Kong IPO
▼ + stars: | 2022-09-19 | by ( Scott Murdoch | Thomson Reuters | Scott Murdoch Has Been A Journalist For More Than Two Decades Working For Thomson Reuters | ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterHONG KONG, Sept 20 (Reuters) - Chinese electric vehicle maker Zhejiang Leapmotor Technology is aiming to raise $1.03 billion in an initial public offering (IPO) launched on Tuesday, according to its regulatory filings. The company is selling 130.82 million shares in the deal that will be the largest IPO in Hong Kong in 2022. Leapmotor has locked five cornerstone investors - led by the Zhejiang and Jinhua industrial funds - who will buy up to $308.33 million shares, according to the filings. Leapmotor produces four electric vehicle models that mainly target China’s middle- and lower-end mass market in a 79,500 yuan-300,000 yuan ($11,466.40-$43,269.44) price range, according to its website and prospectus filed with the Hong Kong Stock Exchange. ($1 = 7.8488 Hong Kong dollars)Register now for FREE unlimited access to Reuters.com RegisterReporting by Scott Murdoch in Hong Kong; Editing by Cynthia Osterman and Kim CoghillOur Standards: The Thomson Reuters Trust Principles.

☆ Santander hires law firm to investigate bankers' strip club visit
▼ + stars: | 2022-09-19 | by ( Jesús Aguado | ) www.reuters.com time to read: +2 min

Register now for FREE unlimited access to Reuters.com RegisterMADRID, Sept 20 (Reuters) - Spanish bank Santander (SAN.MC) hired a law firm to investigate a whistleblower report saying a group of bankers visited a strip club after a day of company meetings and pressured younger colleagues to join them, a source close to the matter said. Santander responded by hiring U.S. law firm Gibson Dunn to conduct an internal investigation over the summer, Reuters' source said. The law firm interviewed several people involved in the night out and concluded there had not been explicit pressure exerted on junior staff members, the source added. The Financial Times reported that no one has been dismissed as yet, but one manager has been disciplined. A Gibson Dunn representative was not immediately available for comment and the UK's Financial Conduct Authority said it is unable to comment on individual cases.

☆ Porsche IPO: Volkswagen targets 75 billion euro valuation
▼ + stars: | 2022-09-18 | by ( ) edition.cnn.com time to read: +2 min

Volkswagen is targeting a valuation of up to 75 billion euros ($75.1 billion) for luxury sportscar maker Porsche, it said on Sunday, in what will be Germany’s second-largest initial public offering (IPO) in history. Volkswagen (VLKAF) will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. As part of the listing, 911 million Porsche AG shares will be divided into 455.5 million preferred shares and 455.5 million ordinary shares. Total proceeds from the sale will be 18.1 billion to 19.5 billion euros. A stock exchange prospectus is expected to be published on Monday, after which institutional and private investors can subscribe to Porsche shares.

Employees of German car manufacturer Porsche install the windshield of a Porsche 911 at the Porsche factory in Stuttgart-Zuffenhausen, Germany, February 19, 2019. Volkswagen will price preferred shares in the flotation of Porsche AG at 76.50 euros to 82.50 euros per share, the carmaker said, translating into a valuation of 70 billion to 75 billion euros. Up to 113,875,000 preferred shares, carrying no voting rights, will be placed with investors over the course of the IPO. Total proceeds from the sale will be 18.1 billion to 19.5 billion euros. A stock exchange prospectus is expected to be published on Monday, after which institutional and private investors can subscribe to Porsche shares.

☆ VICTORIABANK – первый финансовый посредник первых выпусков муниципальных облигаций
▼ + stars: | 2021-05-04 | by ( ) newsmaker.md time to read: +5 min

Это дает нам уверенность в том, что этапы выпуска облигаций будут успешно пройдены», — заявил вице-президент Victoriabank Василе Доника. У него большой опыт выпуска облигаций, которым он поделится с коллегами из Victoriabank. «Наш опыт работы на рынке выпуска муниципальных и корпоративных облигаций или акций — это более 15 лет, а последние пять лет мы были первым посредником на рынке выпуска облигаций со стоимостью транзакций более 3,5 миллиардов евро. Мы твердо уверены, что данный инструмент, впервые используемый в Республике Молдова, внесет вклад в укрепление местной финансовой автономии и развитие сообществ. Согласно статистике Национального банка Республики Молдова, Victoriabank является системным банком с наибольшей долей безналичных переводов клиентов от общего количества банковских операций.

Persons: Victoriabank –, Banca, Василе Доника, Даниела Секарэ, Сынжера, Валериу Попа, Флорис ван Эйк Organizations: Banca Transilvania, Banca Transilvania BT Capital Partners, BT Capital Partners, Бухарестская фондовая биржа, Независимый аналитический центр «», Посольство, Национальная комиссия, Фондовая биржа, ЕБРР (, Европейский банк реконструкции и развития, Национальный банк Locations: Молдова, Сынжера, чадырлунг, Румыния, Республика Молдова, Нидерландов, Кишинев, ЧадырЛунга, Королевство Нидерландов

☆ первый финансовый посредник первых выпусков муниципальных облигаций
▼ + stars: | 2021-05-04 | by ( ) ru.diez.md time to read: +5 min

Это дает нам уверенность, что этапы выпуска облигаций будут успешно пройдены», – заявил вице-президент Victoriabank Василе Доника. «Наш опыт работы на рынке выпуска муниципальных и корпоративных облигаций или акций составляет более 15 лет, и за последние пять лет мы были первым посредником на рынке выпуска облигаций со стоимостью транзакций более 3,5 миллиардов евро. Стоимость проекта выпуска облигаций для Сынжеры составит пять миллионов леев. Мы твердо уверены, что данный инструмент, впервые используемый в Республике Молдова, внесет вклад в укрепление местной финансовой автономии и развитие сообществ. Согласно статистике Национального банка Республики Молдова, Victoriabank является системным банком с наибольшей долей безналичных переводов клиентов от общего количества банковских операций.

Persons: Banca, Василе Доника, Даниела Секарэ, Валериу Попа, Флорис ван Эйк Organizations: Banca Transilvania, Banca Transilvania BT Capital Partners, BT Capital Partners, Бухарестская фондовая биржа, Независимый аналитический центр «», Посольство, Национальная комиссия, Фондовая биржа, ЕБРР (, Европейский банк реконструкции и развития, Национальный банк Locations: Молдова, Сынжера, чадырлунг, Республика Молдова, Румыния, Нидерландов, Кишинев, ЧадырЛунга, Королевство Нидерландов

☆ Первый финансовый посредник первых выпусков муниципальных облигаций
▼ + stars: | 2021-05-04 | by ( Mld Media Srl | ) noi.md time to read: +5 min

Это дает нам уверенность, что этапы выпуска облигаций будут успешно пройдены», - заявил вице-президент Victoriabank Василе Доника. «Наш опыт работы на рынке выпуска муниципальных и корпоративных облигаций или акций составляет более 15 лет, и за последние пять лет мы были первым посредником на рынке выпуска облигаций со стоимостью транзакций более 3,5 миллиардов евро. Стоимость проекта выпуска облигаций для Сынжеры составит пять миллионов леев. Мы твердо уверены, что данный инструмент, впервые используемый в Республике Молдова, внесет вклад в укрепление местной финансовой автономии и развитие сообществ. Согласно статистике Национального банка Республики Молдова, Victoriabank является системным банком с наибольшей долей безналичных переводов клиентов от общего количества банковских операций.

☆ Victoriabank, primul intermediar financiar al primelor emisii de obligațiuni municipale
▼ + stars: | 2021-05-04 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

Victoriabank a ieșit învingătoare în urma concursurilor demarate de autoritățile locale privind intermedierea emiterii de obligațiuni municipale, proiect în premieră în Republica Moldova. „Suntem bucuroși și onorați că Victoriabank, membră a Grupului Banca Transilvania, a fost selectată în calitate de intermediar financiar. Una din prioritățile de bază ale activității noastre este introducerea și promovarea noilor servicii, produse și tehnologii pe piața financiară din Republica Moldova. „Sunt onorat să mă aflu aici, la ceremonia de semnare a contractului cu primăriile orașelor Ceadîr-Lunga și Sîngera și partenerul financiar Victoriabank. Credem cu fermitate că acest instrument folosit în premieră în Republica Moldova va contribui la fortificarea autonomiei financiare locale și la dezvoltarea comunităților.

Persons: Victoriabank, Donica, Daniela Secară, Valeriu Popa, Floris van Eijk Organizations: Banca Transilvania, Banca, BT Capital, Valori Bucuresti, Comisia, Locale, BERD, Moldovei Locations: Republica Moldova, Sîngera, Ceadîr - Lunga, Victoriabank, Banca Transilvania, România, Sângera, Olandei, Chișinău, Regatului Țărilor de Jos

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