/PRNewswire/ LBC Credit Partners ("LBC"), one of the leading providers of financing solutions to middle market companies, provided a senior secured credit.
Natural Gas Services Group, Inc. Reports First Quarter 2021 Financial and Operating Results Natural Gas Services Group, Inc. Midland, Texas, UNITED STATES
First Quarter 2021 Highlights
The Company continued to generate free cash flow with steady utilization
Cash balance increased 6.1% to $30.7 million in the first quarter of 2021 from $28.9 million at year end 2020 due to strong operating cash flow and reduced capital expenditures.
Utilization remained steady on both a horsepower (65.2% at March 31, 2021 vs. 65.6% at December 31, 2020) and a unit (56.5% at March 31, 2021 vs. 57.3% at December 31, 2020) basis.
Rental revenue of $15.3 million, an increase of 4.1% when compared to the fourth quarter of 2020.
Net loss of $394,000 ($0.03 loss per basic and diluted share) a reduction of $1.5 million when compared to the fourth quarter of 2020.
Aareal Bank provides € 400 million financing to GLP
DGAP-News: Aareal Bank AG / Key word(s): Real Estate/Financing
12.05.2021 / 12:13
Aareal Bank provides € 400 million financing to GLP
- Re-financing of European logistics portfolio
Wiesbaden, 12 May 2021 - Aareal Bank announces the closing of a financing agreement with global investment manager GLP. Acting as Arranger and Sole Lender, Aareal Bank provides a loan of approx. € 400 million for refinancing the purchase of 27 prime logistics properties in the UK, Germany, France, the Netherlands and Belgium.
GLP is a leading global investment manager and business builder in logistics, real estate, infrastructure, finance and related technologies. The group that operates across the Americas, Europe, and Asia has over USD 100 billion in assets under management.
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RADNOR, Pa., May 4, 2021 /PRNewswire/ LBC Credit Partners ( LBC ), one of the leading providers of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of Magnolia River International, Inc. ( Magnolia River or the Company ) by Warren Equity Partners.
LBC served as Agent and Sole Lender for the senior secured credit facilities.
Founded in 2000 and based in Decatur, AL, Magnolia River provides inspection, engineering, GIS, and technology solutions for utility and natural gas pipeline infrastructure and operations. Utility, municipality, and industrial customers across the Southeast, Southwest, and Midwest rely on the Company for their pipeline replacement, deployment, and maintenance requirements. Magnolia River also offers a suite of proprietary technology solutions within its GeoCurrent business unit to empower utility and pipeline operators through value-based technology to
DGAP-News: Aareal Bank AG / Key word(s): Financing/Real Estate
Aareal Bank provides €65 million financing for landmark office building
15.04.2021 / 11:57
Aareal Bank provides €65 million financing for landmark office building
- Loan to Cicerone RE Holding BV
- Property leased by the European Commission
Wiesbaden, 15 April 2021 - One year after the purchase of the iconic Mondrian office building in Brussels by Cicerone RE Holding BV, Aareal Bank, acting as Arranger, Agent and Sole Lender, has provided a € 65 million loan facility to the buyer.
Cicerone RE Holding BV is fully participated by Cicerone Fund, a pan-European property fund, dedicated to Cassa Forense (Italian Pension Fund for Lawyers) and managed by Fabrica Immobiliare SGR and advised by CBRE GI. Cicerone RE Holding BV is dedicated to the creation and management of a high-quality property portfolio. Allocation of the portfolios is focused on office in the main European cities.