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Debevoise Discusses How EU’s Sustainability Reporting Directive Affects Private Equity

Reynolds Holding

Given the preparation required, private equity firms are well advised to start to consider the impact of CSRD, and we outline in this Update suggested steps for firms to take. CSRD first takes effect for financial years beginning on or after 1 January 2024 for companies (EU and non-EU) with securities listed on an EU “regulated market”.

Equity 45
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Pegasus Merger Co. Announces Private Offering of $1.0 billion of Senior Secured Notes in Connection with the Acquisition of Tenneco Inc. by Funds Affiliated with Apollo Global Management

Benzinga

billion in aggregate principal amount of senior secured notes due 2028 (the "Notes") in a private offering. ("Tenneco"), it intends to offer $1.0

Finance 40
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Shenandoah Telecommunications Company to Acquire Horizon Telcom

Benzinga

24, 2023 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company ("Shentel" or the "Company") (NASDAQ: SHEN ) announced today it has entered into a definitive agreement to acquire 100% of the equity interests in Horizon Acquisition Parent LLC ("Horizon" or "Horizon Telcom") for $385 million (the "Transaction"). EDINBURG, Va., The Company.

EBITDA 40
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RPT Realty Reports Third Quarter 2022 Results; Raises Full Year 2022 Outlook

Benzinga

million of consolidated debt and finance lease obligations. million of undrawn forward equity, the net debt to annualized adjusted EBITDA ratio would be 6.0x. FINANCING ACTIVITY. Company Contact: Vin Chao, Managing Director - Finance and Investments 19 W 44th St. The Company ended the third quarter 2022 with $8.6

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Morrison & Foerster Discusses Proposed Revisions to Capital Framework for Large Banking Organizations

Reynolds Holding

The Agencies estimate the Proposal would increase the aggregate binding common equity tier 1 capital requirements by about $170 billion, or 16%, for large banking organizations. This new approach would include standardized risk-weights for credit, equity, operational, and credit valuation adjustment risk. Transition Period.

Banking 40
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Sullivan & Cromwell Discusses the Implications for Financial Institutions of Proposed SEC Climate Disclosure Rules

Reynolds Holding

In particular, the disclosure of Scope 3 greenhouse gas emissions (which capture financed emissions) and climate scenario analysis will likely be mandatory for many financial institutions. Scope 3 GHG Emissions.

Finance 45
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Sullivan & Cromwell Discusses EU’s Corporate Sustainability Reporting Requirements

Reynolds Holding

By 2028, however, the European Commission plans to adopt standards for reasonable assurance analogous to the standard currently required for financial statements, following an assessment to determine the feasibility of reasonable assurance for auditors and companies subject to the CSRD. until 2028. BACKGROUND.