Hoist Finance’s Post

We are preparing for new public bond offering in the Baltics 🚗 Longo Group, the leading used car dealer in the Baltics, is preparing for a public bond offering in Q4 2024. The goal is to refinance existing liabilities and raise additional working capital to support our expansion plans. This new bond offering will be accessible to a wide audience, allowing both institutional and retail investors to participate. As with the previous two bond offerings, the bonds are expected to be secured with the Group’s assets. 🤝 We are pleased to have Signet Bank as the arranger of this bond issue, with legal support from Eversheds Sutherland Bitāns . Sorainen will act as the collateral agent. 💬We’ll share more information as it becomes available. * This is an advertisement which contains general forward-looking statements on the Public Offering of bonds of Longo Group AS. Every investment decision must be based on a prospectus approved by the Bank of Latvia, which will be available on its website when approved. #LongoGroup #BondOffering #Baltics #InvestmentOpportunity #Q42024

Over the weekend, we were a part of the maiden edition of the Money Matters Conference, where  Adegbolahan Aina, the Managing Director of Cordros Asset Management, was a speaker and panelist. We are proud to have been one of the sponsors of this remarkable event where insights were shared on investments and finance management to help attendees create the future of their dreams. #MoneyMatters #Finances #Cordros #Lagos #FinancialServices #Investments #AssetManagement

Friends, this is going to be epic! Better outputs, better outcomes, because that's just how we roll at qashqade. Interested in our solutions? Drop us a line, or inbox me. #waterfallsoftware #fintech #SaaS #privatemarkets #privateequity #privatecapital #waterfallcalculation #privatedebt #privatecredit #fundfees #privatefunds #fundaccounting

Tongaat Hulett Limited (THL) is facing an imminent delisting from the JSE after shareholders rejected a proposed debt-equity swap that would have given Vision Consortium 97.3% ownership. This decision opened the door for Vision to inject R8.6bn into the company in exchange for assets tied up as collateral with the banks. While the delisting marks a significant loss for the South African economy, as THL has been a key player in the sugar industry for over 130 years, the company’s future now lies in the hands of Vision Investments. According to Metis Strategic Advisors, the business rescue practitioners, the approved plan will proceed with the sale of THL’s assets as a going concern to Vision. This means that THL’s operations, including its employees, will be managed by Vision Investments. Despite the complex nature of the transition, the outcome will be similar for all stakeholders - employees, creditors, and suppliers - although shareholders will no longer retain a stake in the company. As part of the business rescue plan, Vision has committed to paying R75m to THL’s unsecured creditors, with the funds secured in a bank account for distribution. Vision also highlighted its forward-looking strategy for THL, focusing on diversification and expansion into energy sectors like ethanol and bagasse-based electricity. Read more here ➡️ https://bit.ly/3OgdW7t #TamelaHoldings

Long payment deadlines have become a competitive parameter, and the champion often has to wait a long time for his money, which can create liquidity problems.| Solution? Consider selling your invoices when the task is completed and get the money in your pocket a few days later instead of waiting a few months. It almost sounds too good to be true, but is a well-known concept and a service that some companies, including CapitalBox, offer. When a company has delivered its product or service to its customer, the company sends its invoice to CapitalBox, which processes it and ensures payment (minus 2.5-3.5% commission) within 1-2 business days. All invoices are credit insured, so that the company is secured against loss. For my Denmark network - my latest article about this on Mester Tidende is in the comments.

We are excited to announce that Phase 4 of CIRO’s Rule Consolidation Project is now published for comment. The Project brings together the rules for investment dealers and mutual fund dealers into one unified set of rules for all CIRO Dealer Members, and is separated into 5 Phases. Phase 4 continues our efforts to harmonize standards across dealer activities and reduce differences that may have material impacts on stakeholders.  With 3 Phases being published this year, we are demonstrating our commitment to moving swiftly through the phases. Learn more about Phase 4 in the Phase 4 bulletin: https://ow.ly/TwIw50TNLeM #CIRO #FinanceNews #FinancialRegulation  

#SeedEnterpriseInvestmentScheme! #SEIS We have interest from the bigger groups to invest in Everybody Counts through our EIS assured allocation. We have £50,000 of SEIS still available for anyone interested in becoming a shareholder in EverybodyCounts Ltd. Smallest ticket size is £10,000. DM me for a deck or more info! #getitwhileitshot! #socialimpact #globalevel

As the auto industry faces rising debt levels, interest rate hikes, and supply chain complexities, lenders and manufacturers must adapt to maintain resilience. Discover how industry players are navigating these turbulent times in the latest Hilco Global Smarter Perspective: https://lnkd.in/dHAKS_gq #AutoIndustry #HilcoGlobal #AutoUpdate

The 4th Annual LPGP Connect CFO/COO Private Equity conference starts next week and the Ark team will be in attendance as an official exhibitor!   Interested in learning more about our transparent and secure LP reporting or our comprehensive fund accounting platform tailored for private funds? Jeff Welton and Seán McCarthy will be there to answer all your questions.    Let us know if you plan on attending! #PrivateEquity #FundOps #FundAccounting #NewYork #Investing 

Can QPLIX also help large international companies in their #assetmanagement across country borders, in various currencies and complex ownership structures? The treasury department of Liebherr group believes: YES WE CAN! That's why the global leader in manufacturing with 13 product segments and more than 50,000 employees in 150 companies, not only implemented QPLIX - but also published two articles about it in the German #treasurymanagement trade press. Read more about why the #treasurydepartments of large companies or internationally active groups can benefit from the strengths of QPLIX such as data-driven asset management and #assetreporting, in DerTreasurer and DPNonline: https://lnkd.in/deBQG8uN