Pricing of Offering, Joint Acquisition of Assets, Release of Market Index, and Earnings Schedule - Analyst Notes on Mid-America Apartment, Eaton Vance, Carlyle, Mack-Cali and Regency
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NEW YORK, June 13, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Mid-America Apartment Communities Inc. (NYSE: MAA), Eaton Vance Corp. (NYSE: EV), The Carlyle Group LP (NASDAQ: CG), Mack-Cali Realty Corp. (NYSE: CLI) and Regency Centers Corporation (NYSE: REG). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/3700-100free.
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Mid-America Apartment Communities Inc. Analyst Notes
On June 10, 2014, Mid-America Apartment Communities Inc.'s (MAA) operating partnership Mid-America Apartments, L.P. (MAALP) priced a $400 million offering of MAALP's 3.750% senior unsecured notes due 2024 at 98.873% of the principal amount. Net proceeds from the sale of the notes will be used by the Company to repay all borrowings outstanding under its $200 million secured credit facility, substantially all of the borrowings outstanding under its $500 million revolving credit facility, and for general corporate purposes. The offering, which is subject to customary closing conditions, is expected to close on June 13, 2014. The full analyst notes on Mid-America Apartment are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/MAA/report.pdf
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Eaton Vance Corp. Analyst Notes
On May 28, 2014, Eaton Vance Corp. (Eaton Vance) released its "Advisor Top-of-Mind Index" which aims to list the most common concerns that clients frequently raise with their financial advisors. The Index articulates the three biggest priorities of investors, which are defensive in nature, such as protecting wealth from market volatility, finding reliable income sources, and minimizing the impact of taxes on portfolios. Eaton Vance believes the index will aid the Company and the industry as a whole to develop the necessary tools needed for advisors to address client concerns in the future. Eaton Vance Managing Director of Marketing and Distribution Strategy, Bob Cunha, commented, "Despite five years of strong equity returns and fairly low market volatility in 2013, many investors are afraid of getting burned like they did in 2008. On top of that, many are looking at the prospect of double-digit losses in their bond portfolios as interest rates rise, along with tax bills that have skyrocketed. They appear to be more focused on protection than growth." The full analyst notes on Eaton Vance are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/EV/report.pdf
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The Carlyle Group LP Analyst Notes
On June 4, 2014, The Carlyle Group LP (Carlyle) announced entering into exclusive discussions to purchase a majority controlling stake in Homair Vacances, a leisure outdoor accommodation group. The exclusive discussions started after Homair acquired Eurocamp from Holidaybreak, creating a pan-European outdoor accommodation and holiday group that will operate over 15,000 mobile homes across almost 300 campsites. The combined entity allows for further improvement in customer experience and a more diversified offering in the French market through the sharing of each company's strengths and industry best practices. The Carlyle Group Managing Director Jonathan Zafrani commented, "Both Homair and Eurocamp are successful and appealing brands. Homair in particular has demonstrated outstanding performance over the last few years." Pierre-Olivier Desplanches, Director at The Carlyle Group, added, "We also expect significant value creation from the combining of the two companies through driving their respective best practices and customer experience within the sector." The full analyst notes on Carlyle are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/CG/report.pdf
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Mack-Cali Realty Corp. Analyst Notes
On June 9, 2014, Mack-Cali Realty Corp. (Mack-Cali) announced a combined initiative with affiliates of Keystone Property Group, jointly acquiring Curtis Center - a class A office and retail building of which a large part will be transformed into luxury rental apartments in line with both companies' strategy to expand on the creation of lifestyle-oriented business environments and its multi-family rental platform. The companies purchased Curtis Center for $125 million in an all-cash transaction, with plans to reposition the property into a dynamic, mixed-use environment. Mack-Cali President and CEO Mitchell E. Hersh commented, "Curtis Center offers us a unique opportunity to strengthen our multi-family presence in the heart of the growing Philadelphia housing market. Through our bold conversion strategy, this building is well positioned to capitalize on the upside of one of the region's most exciting hubs for entertainment, culture and transit." The full analyst notes on Mack-Cali are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/CLI/report.pdf
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Regency Centers Corporation Analyst Notes
On June 6, 2014, Regency Centers Corporation (Regency) confirmed that it will release its Q2 2014 earnings on August 6, 2014, after the market closes. In relation to the earnings release, the Company will host a conference call on August 7, 2014, discussing details of the financial results. Regency's earnings press release and other information can be viewed on the investor relations section of the Company's website. The full analyst notes on Regency are available to download free of charge at:
http://www.analystsreview.com/Jun-13-2014/REG/report.pdf
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