latest news releases from the newsroom
Water Missions International
Ebola-stricken Community in Liberia Receives Safe Water through Charleston based Non-Profit, Water Missions International
CHARLESTON, S.C., Sept. 22, 2014 (GLOBE NEWSWIRE) -- As the international response to the Ebola outbreak in West Africa continues to ramp up, Water Missions International (WMI), a non-profit Christian engineering organization, today delivered safe water to Dolo Town, a community in Liberia hit hard by Ebola. Dolo Town, a community located about 30 miles from downtown Monrovia was formerly under quarantine and in addition to Ebola, has suffered from recurrent cholera outbreaks over the years.
BBCN Bancorp, Inc.
BBCN Bank and the City of Seoul Sign Cooperative Memorandum of Understanding
LOS ANGELES and NEW YORK CITY, Sept. 22, 2014 (GLOBE NEWSWIRE) -- BBCN Bancorp, Inc. (Nasdaq:BBCN) today announced a Memorandum of Understanding ("MOU") by and between its wholly owned subsidiary BBCN Bank and the city of Seoul, also known as Seoul Metropolitan Government ("SMG"). BBCN Chairman and Chief Executive Officer Kevin S. Kim and Seoul Mayor Won-soon Park signed the MOU at a press conference held today in New York City agreeing to cooperate and work together in promoting the Yeouido International Financial District ("YIFD") in Seoul as a Northeast Asian financial hub and expanding BBCN's business into Seoul.
Northern Tier Energy
Northern Tier Energy LP Announces Pricing of Senior Secured Notes
TEMPE, Ariz., Sept. 22, 2014 (GLOBE NEWSWIRE) -- Northern Tier Energy LP ("Northern Tier") announced today that Northern Tier Energy LLC ("NTE"), which is a wholly owned subsidiary of Northern Tier, and NTE's wholly owned subsidiary Northern Tier Finance Corporation (together with NTE, the "Issuers") priced an additional $75 million in aggregate principal amount of their senior secured notes due 2020 (the "Notes") in a private placement. The Notes will bear an interest rate of 7.125% per annum and will be issued at 105.750% of the par value plus accrued and unpaid interest, for a yield-to-worst of 5.545%. Northern Tier intends to use the net proceeds of the offering for general partnership purposes, including the purchase of crude oil inventories.
Washington Federal Announces 127th Consecutive Quarterly Cash Dividend
SEATTLE, Wash., Sept. 22, 2014 (GLOBE NEWSWIRE) -- via PRWEB - The Board of Directors of Washington Federal, Inc. (NASDAQ-WAFD), today announced a quarterly cash dividend of 14.67 cents per share. The dividend will be payable on October 17, 2014 to common stockholders of record on October 3, 2014. Beginning in 2015, the Board of Directors will consider regular dividend declarations in January, April, July and October. Accordingly, an additional month will pass before the Board of Directors considers the next quarterly dividend. The 3.67 cent increase in today's dividend over the prior quarter is a one-time payment in anticipation of this change and represents an additional one month's dividend income to compensate for the new schedule. This will be Washington Federal's 127th consecutive quarterly cash dividend.