NorthStar Realty Finance Announces Pricing of a $531.5 Million Floating Rate CMBS Transaction
The ban comes in the backdrop of the indefinite strike launched on August 13 by the AP Non-Gazetted Officers’ Association, demanding that the Centre drop the plan to bifurcate Andhra Pradesh. This is the first instance where the state government has invoked provisions of Essential Supplies Maintenance Act to make the striking employees call off their agitation, as two rounds of talks held by the cabinet sub-committee with the Association have ended in failure. Telangana: Andhra Finance Dept clamps ESMA to prevent strikes The strike has brought government administration to a grinding halt in 13 districts in coastal Andhra and Rayalaseema regions. More than 3,000 employees in the state secretariat in Hyderabadtoo have been carrying out protests, and hampering work in various departments.
Barclays Finance Chief Resigns Earlier on Health Reasons
15, Barclays said. Lucas, who had initially planned to retire in February, cited his health as a key factor behind his decision. I want to do the right thing by Barclays, my family, and myself, and therefore I have reached the difficult decision to step down sooner, Lucas said in the statement. I feel confident that I leave Barclays financially robust and well placed to continue to serve its customers, clients, shareholders and other stakeholders. Lucas was among four past and present employees to be probed by regulators over whether Barclays adequately disclosed fees paid to the Qatar Investment Authority as part of a 7 billion-pound fundraising during the financial crisis, a move that helped the lender avoid taking government money. Barclays said last month that its contesting the probes findings.
Variations of assumptions and results may be material. Factors that could cause actual results to differ materially from NorthStar’s expectations include, but are not limited to, the CMBS transaction closing on the terms anticipated, if at all, the timing of any such closing, the timing of the underlying loans being repaid, the duration of the CMBS transaction, the ability to earn the approximate 13% expected yield on the Retained Interests and the factors described in Item 1A of NorthStar’s Annual Report on Form 10-K for the fiscal year ended December 31, 2012 under the heading “Risk Factors.” The foregoing list of factors is not exhaustive. All forwardlooking statements included in this press release are based upon information available to NorthStar on the date hereof and NorthStar is under no duty to update any of the forwardlooking statements after the date of this report to conform these statements to actual results. @yahoofinance on Twitter, become a fan on Facebook Related Content Chart Your most recently viewed tickers will automatically show up here if you type a ticker in the “Enter symbol/company” at the bottom of this module. You need to enable your browser cookies to view your most recent quotes.