Executive Promotions, Credit Facility, Secured Financing for Asset Purchase, and Earnings Schedule - Analyst Notes on Lincoln National, PennantPark Investment, CNA, Montpelier and HFF
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NEW YORK, July 3, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Lincoln National Corp. (NYSE: LNC), PennantPark Investment Corporation (NASDAQ: PNNT), CNA Financial Corporation (NYSE: CNA), Montpelier Re Holdings Ltd. (NYSE: MRH) and HFF, Inc. (NYSE: HF). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/4414-100free.
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Lincoln National Corp. Analyst Notes
On June 25, 2014, Lincoln Financial Network (LFN), the retail wealth management affiliate of Lincoln National Corp. (Lincoln National), reported the retirement of Bill Seawell, Senior Vice President, Head of General Agency (GA) and Agency Building General Agent (ABGA) Distribution, effective July 2014, after serving 38 years with the Company. According to the Company, Stafford Moser, Vice President, Head of GA, and Tom Eusebio, Vice President, Head of ABGA, will succeed Seawell. Commenting on the news, President of Lincoln Financial Network, David Berkowitz, stated, "Throughout his tenure at Lincoln, Bill Seawell has been an outstanding friend, colleague, and inspirational leader. He has left an indelible mark on the financial services industry and on Lincoln Financial." The full analyst notes on Lincoln National are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/LNC/report.pdf
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PennantPark Investment Corporation Analyst Notes
On June 30, 2014, PennantPark Investment Corporation (PennantPark Investment) announced that the Company has entered into an amended and restated, multi-currency, senior secured revolving credit facility with certain lenders, increasing from $445 million to $545 million. According to the Company, the credit facility will mature in five years, with a one-year term out period following its fourth year. Commenting on the announcement, PennantPark Investment Chairman and CEO, Arthur H. Penn, stated, "We are pleased to have amended and restated our Credit Facility to this new size, duration and pricing. This long-term Credit Facility continues to nicely complement our permanent equity base and our long-term SBA and Notes financings. We are delighted to have received strong support from existing lenders and welcome new relationships who have joined our growing list of lending partners." The full analyst notes on PennantPark Investment are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/PNNT/report.pdf
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CNA Financial Corporation Analyst Notes
On June 25, 2014, CNA Financial Corporation (CNA) announced that the Company has promoted Oliver Travieso, as Small Business Sales Manager for the Southeast Zone. According to the Company, Travieso will be responsible for managing the Company's small business book in Alabama, Georgia, and North & South Carolina. CNA Southeastern Zone Officer, Rob Huber, remarked, "Oliver possesses a great balance of drive, analytical skills and a keen understanding of the small business agency arena, which will serve as a solid foundation for his new leadership role in small business." The full analyst notes on CNA are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/CNA/report.pdf
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Montpelier Re Holdings Ltd. Analyst Notes
On June 18, 2014, Montpelier Re Holdings Ltd. (Montpelier Re Holdings) announced that the Company will release its Q2 2014 financial results on July 28, 2014, after the market close. Additionally, the Company stated that it will host a conference call on the following day July 29, 2014, at 8:00 a.m. ET, to discuss the results. The call will be made available via live audio webcast via the Company's website. The full analyst notes on Montpelier are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/MRH/report.pdf
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HFF, Inc. Analyst Notes
On June 30, 2014, HFF, Inc. (HFF) announced that the Company has arranged $65 million in financing for The View, an apartment tower in the Liberty Center enclave at the Ballston Metro Station in Arlington, Virginia. According to the Company, on behalf of Ashton Park Associates III, LLC, an affiliate of The Shooshan Company, it has worked exclusively to place the 15-year, fixed-rate loan with Prudential Mortgage Capital Company. HFF also stated that the debt placement team was led by Sue Carras, Walter Coker and Brian Crivella. Commenting on the news, Walter Coker stated, "The permanent loan for this property was secured while it was still in lease-up to reduce interest rate risk and to take advantage of historically low interest rates." The full analyst notes on HFF are available to download free of charge at:
http://www.analystsreview.com/Jul-03-2014/HF/report.pdf
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