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NCC Bank partners with Tradewind Finance to serve growing export market

25 May 2021 Business Desk :NCC Bank Ltd has signed a Memorandum of Understanding (MoU) with Tradewind Finance GmbH, a Germany based company, for facilitating business of Bangladeshi exporters recently. Under this agreement, export clients of the NCC Bank will be able to meet their present and immediate cash needs at an affordable cost by discounting their future receivable export proceeds. Mohammad Mamdudur Rashid, Managing Director & CEO of the. ....

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NiSource Inc. Announces Pricing of Equity Units

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MERRILLVILLE, Ind., April 14, 2021 /PRNewswire/ NiSource Inc. (NYSE: NI) ( NiSource ) today announced that it has priced its offering of 7,500,000 Series A Equity Units ( Equity Units ), initially consisting of 7,500,000 Series A Corporate Units ( Corporate Units ), each with a stated amount of $100. NiSource has granted to the underwriters an option to purchase up to an additional 1,125,000 Corporate Units to cover over-allotments. The offering is expected to close on April 19, 2021.
Each Corporate Unit consists of a contract to purchase shares of NiSource common stock (the Common Stock ) in the future and a 1/10th, or 10%, undivided beneficial ownership interest in one share of NiSource Series C Mandatory Convertible Preferred Stock, par value $0.01 per share, with a liquidation preference of $1,000 per share (the Mandatory Convertible Preferred Stock ). Total annual distributions on the Corporate Units will be 7.75%, consist ....

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NiSource Inc. Announces Pricing of Equity Units

NiSource Inc. Announces Pricing of Equity Units
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