Axial

FEBRUARY 11, 2025

Selling a business is more than a transaction its an arduous process that requires transition planning, targeting and assessing buyers, evaluating bids, and more. A strong economy where lenders are more willing to finance buyers. You have a good reason to sell. Sometimes, market conditions align perfectly for selling your business.

Private Equity Firms 40

Private Equity Firms Private Equity Firms Consultants Consulting 40

The Motley Fool

APRIL 26, 2024

I would now like to turn the conference over to Jennifer Gilligan, senior vice president, finance and investor relations. Jennifer Gilligan -- Senior Vice President, Finance and Investor Relations Thank you, Rocco, and good morning, everyone. [Operator instructions] Please note today's event is being recorded. Please go ahead.

Bidding 130

Bidding Banks Debt Liabilities 130

The Motley Fool

MAY 2, 2024

See the 10 stocks *Stock Advisor returns as of April 30, 2024 As a quick review of the bidding, at the Markel Group, we are working to build one of the world's great companies. Professional Liability and General Liability portfolios. General Liability and Professional Liability product lines within our Insurance segment.

Liabilities 130

Liabilities Shareholders Asset Management Portfolios 130

The Motley Fool

JULY 31, 2024

This deal is especially noteworthy since it was our first major retail financing in five years with a Life Co lender. In 2024, We are in the market today sourcing financing proposals for the very productive Queen center. We believe this will be -- this transaction will be very well received by the financing marketplace.

Debt 246

Debt Assets Leveraging Financing 246

The Motley Fool

JUNE 29, 2023

I'm here today with Bill Nash, our president and CEO; Enrique Mayor-Mora, our executive vice president and CFO; and Jon Daniels, our senior vice president, CarMax Auto Finance Operations. CarMax Auto Finance or CAF delivered income of $137 million, down from 204 million during the same period last year.

Financing 130

Financing Finance Leveraging Bidding 130

The Motley Fool

MAY 14, 2024

In preparation for the upcoming tender, IGT and our current partners have entered into memorandums of understanding to maintain the existing joint venture structure for the new bid. Speaking of progress, we have advanced in the financing portion of the transaction. And I'll let Max take you through more of the details of the process.

Mergers and Acquisitions 130

Mergers and Acquisitions Bidding Taxes Financial Institutions 130

The Motley Fool

FEBRUARY 6, 2024

Jen Gilligan -- Senior Vice President, Finance and Investor Relations Thank you, Rocco, and good morning, everyone. Continued pricing discipline in Marketplace and the deliberate actions we took to align our 2024 Medicare bids with our strategic focus on lower-income and complex members yielded the intended results on both fronts.

Bidding 130

Bidding Banks Liabilities Accounting 130

Pension Pulse

DECEMBER 20, 2023

Setting asset mix is a judgment-based exercise and needs to consider potential liability matching objectives, liquidity considerations, risk tolerance, areas of comparative investment advantage, and an investor’s world view. We continue to recommend growth-oriented portfolios to clients with the right risk tolerance and liabilities.

Bidding 59

Bidding Pension Funds Assets Banks 59

The Motley Fool

AUGUST 1, 2024

We're making excellent progress toward timely closing of the two remaining debt reduction initiatives, the sale of public service company in North Carolina to Enbridge and the noncontrolling equity financing by Stonepeak in the Coastal Virginia offshore wind project. In North Carolina, the financing requires affiliates agreement approval.

Financing 130

Financing Finance Debt Bidding 130

The Motley Fool

AUGUST 8, 2024

Looking beyond these rapid growth areas, our revenue in the quarter was impacted by some macro softness and a large DSP buyer on our platform that changed their bidding approach as mentioned on our call in May. Nearly all impressions on our platform are now transacted via this bidding approach. Now turning to our outlook.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Bidding Leveraging Capital 130

The Motley Fool

MAY 9, 2024

We firmly believe that an orderly transition of Steward Hospitals to new operators is in the best interest of everyone, and we're committed to providing a $75 million in debt financing to help achieve that. We expect Steward to use this financing to ensure continuity of patient care while accelerating the retenanting of these hospitals.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Prospects Financing Finance 130

The Motley Fool

AUGUST 8, 2024

And sale leasebacks have proven over the long term to be a relatively inexpensive financing alternative compared to the other choices. During the second quarter, we announced the successful completion of approximately $800 million of new nonrecourse, non-amortizing secured financing backed by some of our U.K. Also in the U.K.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Prospects Debt 130

The Motley Fool

JULY 26, 2024

Jennifer Lynch Gilligan -- Senior Vice President, Finance and Investor Relations Thank you, Jamie, and good morning, everyone. Relative to 2025 Medicare bids, we remain focused on our product strategy of serving lower-income complex seniors. [Operator instructions] Please also note, today's event is being recorded.

Bidding 130

Bidding Liabilities Leveraging Taxes 130

The Motley Fool

SEPTEMBER 20, 2023

These savings were primarily driven by lower third-party transportation rates as a result of a newly implemented purchase bid system, as well as optimized rail usage, the continued benefit from reduced Sunday coverage, and the consolidation of source. At Ground, our DRIVE initiatives reduced costs by $130 million this quarter.

Leveraging 246

Leveraging Bidding Banks Accounting 246

The Motley Fool

NOVEMBER 7, 2024

Already this month, we've started to bid more for online visitors because of our increasing effectiveness at selling homes, mortgages, and title service. Of the brokerage customers who financed their third-quarter home purchase, 27% used Redfin's lender, down from 28% in the second quarter, but up from 22% in the third quarter of last year.

Amortization 246

Amortization Bidding Funds Investors 246

The Motley Fool

NOVEMBER 21, 2024

Results are expected to be higher year over year, primarily due to a lower provision for credit losses, partially offset by less favorable financing spreads. Our customers continue to see a strong backlog of work, albeit alongside stiffer competition, which is driving down bids and overall project margins.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Funds Investors Shareholders 130

The Motley Fool

JUNE 20, 2024

We continue to see a good pipeline of future construction projects coming to the market, as measured by bidding activity within our downstream operations. Additionally, there continues to be a solid pipeline of work entering the market for bidding. As can be seen on Slide 19, our net debt to EBITDA ratio now sits at just 0.5

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Bidding Capital Banks 130

The Motley Fool

OCTOBER 23, 2024

I'd now like to pass the call over to Hannah True, manager of finance and corporate strategy. Hannah True -- Manager, Finance and Coporate Strategy Thank you, operator, and good morning, everyone. We have long believed it would take time for the bid-ask spread between buyers and sellers to narrow. Operator instructions].

Assets 130

Assets Prospects Capital Financing 130

The Motley Fool

APRIL 25, 2024

With us today are Mr. Eduardo de Salles Bartolomeo, CEO; and Mr. Gustavo Pimenta, executive vice president of finance and investor relations; Mr. Marcello Spinelli, executive vice president, Iron Ore Solutions; Mr. Carlos Medeiros, executive vice president of operations; and Mr. Mark Cutifani, chairman of Vale Base Metals. billion in Q1.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Assets Financing Finance 130

The Motley Fool

FEBRUARY 22, 2024

And I guess, financing costs and not so much a sacrifice in IRR objectives? And so, once the construction is completed, that will get replaced by tax equity, cash equity, more permanent financing. So, those maturities will go away as a result of other proceeds from other financing arrangements. Appreciate it. Operator Thank you.

Debt 147

Debt Capital Financing Finance 147

The Motley Fool

APRIL 18, 2024

Operator instructions] I would now like to turn the call over to Alaska Air Group's vice president of finance, planning, and investor relations, Ryan St. John -- Vice President of Finance, Planning, and Investor Relations Thank you, operator, and good morning. Thank you for joining us for our first quarter 2024 earnings call.

Financing 130

Financing Finance Banks Debt 130

The Motley Fool

JANUARY 23, 2024

billion and remains largely comprised of Ginnie Mae TBA, given attractive valuations and better roll implied financing relative to UMBS. With limited organic agency supply, low levels of prepayment risk, and deep and liquid financing markets. Our TBA position was also modestly higher at $5.3 The Motley Fool has a disclosure policy.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Investing Leveraging Bidding 130

The Motley Fool

MAY 7, 2024

For example, OpenWrap, our header bidding wrapper solution across CTV, mobile app, and web environments, drives increased yield for publishers and streamlines our engineering and ad operations. Nearly 100% of impressions on our platform will now be transacted via a similar bidding approach. James Heaney -- Jefferies -- Analyst Great.

Bidding 130

Bidding Securities and Exchange Commission (SEC) Capital Leveraging 130

The Motley Fool

AUGUST 6, 2024

I would like now to turn the conference over to Mr. Steve Bakke, senior vice president of corporate finance. Steve Bakke -- Senior Vice President, Corporate Finance Thank you all for joining us today for Realty Income's second-quarter operating results conference call. [Operator instructions] Please note, this event is being recorded.

Debt 130

Debt Assets Capital Leveraging 130

The Motley Fool

FEBRUARY 8, 2024

We believe that our performance on the year demonstrates the value of our diversified housing finance model and our disciplined portfolio and risk management. As it relates to our hedges, our balance liability position help protect us from the elevated rate volatility experienced during the first half of the quarter.

Capital 130

Capital Leveraging Banks Assets 130

The Motley Fool

FEBRUARY 7, 2025

During the fourth quarter, we closed on our previously announced financing transaction. So we're making tough choices with certain customers that we're not bidding on business. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Banks 130

Banks Capital Debt Assets 130

The Motley Fool

OCTOBER 4, 2023

I'm here today with Bill Nash, our president and CEO; Enrique Mayor-Mora, our executive vice president and CFO; and Jon Daniels, our senior vice president, CarMax Auto Finance operations. CarMax Auto Finance, or CAF, delivered income of $135 million, down from $183 million during the same period last year.

Depreciation 130

Depreciation Financing Finance Banks 130

The Motley Fool

AUGUST 2, 2024

million from incremental long-term debt financing. million from incremental long-term debt financing. So the current M&A market, I would say it slowed down a little bit, and that's probably a function of the cost of capital and just the bid-ask spread, if you will, out in the market today. Other income declined $4.2

Depreciation 130

Depreciation Amortization Capital Accounting 130

The Motley Fool

MAY 1, 2024

We have all seen the excitement around the latest BHP bid for Anglo American, and it's clear that the driver of this bid is Anglo's significant copper portfolio. We've been able to respond to it and sit down with the Ministry of Finance at this stage. Anyway, it took them a long time to release that report, which we have now.

Assets 246

Assets Shareholders Capital Banks 246

The Motley Fool

OCTOBER 24, 2024

Financing activities are anticipated to start soon, which will set the stage for us to execute the separation, which we expect will occur once we close the second quarter. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability. I'll now turn to business updates.

Portfolios 234

Portfolios Taxes Capital Financing 234

The Motley Fool

APRIL 11, 2024

I'm here today with Bill Nash, our president and CEO; Enrique Mayor-Mora, our executive vice president and CFO; and Jon Daniels, our senior vice president, CarMax Auto Finance operations. CarMax Auto Finance or CAF delivered income of $147 million, up 19% from $124 million during the same period last year.

Depreciation 130

Depreciation Financing Finance Leveraging 130

The Motley Fool

JULY 26, 2023

But suffice it to say, over the last decade, we've acquired hundreds of portfolios, totaling over 700 billion from more than 1,500 sellers, which, by the way, gives us a significant information advantage when bidding for pools. So, we're not financing that. In terms of financing, we have our financing essentially established.

Mergers and Acquisitions 130

Mergers and Acquisitions Financing Finance Leveraging 130

The Motley Fool

NOVEMBER 6, 2024

These miscalculations during the 2023 bid processes have significantly burdened Aetna's current results. We also expect higher interest as we annualize the expense from our May 2024 financing, a decline in net investment income, and modest dilution from the increase in our share count. Lisa Gill -- Analyst Great.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Bidding Assets Returns 130

The Motley Fool

FEBRUARY 7, 2025

I mean, if we -- one of the things that we've seen, just take Nashville as an example, I mean, Nashville is so busy from a development perspective, costs went up so dramatically, you couldn't get anybody to bid your jobs. Now, we have seven deep of subcontractors bidding on our Nashville Nations properties.

Debt 189

Debt Leveraging Assets Bidding 189

The Motley Fool

MAY 6, 2024

million due primarily to incremental long-term debt financing. Related to renewable natural gas, we issued a request for proposals in April to solicit offtake bids that RFP closes in mid May. Please see our Terms and Conditions for additional details, including our Obligatory Capitalized Disclaimers of Liability.

Depreciation 130

Depreciation Amortization Debt Asset Management 130

The Motley Fool

FEBRUARY 27, 2025

Can you talk about your desire to maintain active in this market to the same degree and what you're seeing as attractive bidding opportunities in the next 12 months? He fully is indoctrinated and the finance organization is now very much on the same journey as well as every other function and every other business within our portfolio.

Securities and Exchange Commission (SEC) 130

Securities and Exchange Commission (SEC) Shareholders Capital Debt 130

The Motley Fool

FEBRUARY 22, 2024

And there's been no change to project costs of $625 million, including financing costs. The transaction will improve our credit profile, reduce project concentration risk, and lower our financing needs during construction. billion of deferred fuel balances that we financed with short-term debt during 2023. Next, why now?

Taxes 130

Taxes Assets Accounting Shareholders 130