CALGARY, AB, June 20, 2025 /PRNewswire-HISPANIC PR WIRE/ — Parkland Corporation (TSX: PKI) (”Parkland”) today announced that in connection with the successful completion of its previously announced consent solicitations, Parkland, the applicable Guarantors and the applicable trustees have executed supplemental indentures (the “Supplemental Indentures”) to amend the indentures (the “Indentures”) governing the notes listed below (the “Notes”). The consent solicitations were made in connection with Parkland’s definitive agreement whereby Sunoco LP (”Sunoco”) will acquire the issued and outstanding common shares of Parkland (the “Transaction”), which was previously announced on May 5, 2025.

Series of Notes (US dollar denominated)	Series of Notes (Canadian dollar denominated)
5.875% Senior Notes due 2027	6.000% Senior Notes due 2028
4.500% Senior Notes due 2029	4.375% Senior Notes due 2029
4.625% Senior Notes due 2030
6.625% Senior Notes due 2032

The Supplemental Indentures amended the Indentures by (collectively, the “COC Amendments”):

(a) eliminating Parkland’s potential obligation under such Indenture to make a “Change of Control Offer” (as defined in such Indenture) as a result of the Transaction; and

(b) amending the defined term “Change of Control” in such Indenture to provide that Sunoco and its affiliates will be “Qualified Owners” of Parkland.

The Supplemental Indentures became effective upon their execution and are binding on all Holders, as defined in that certain consent solicitation statement issued on May 27, 2025 (the “Consent Solicitation Statement”), including those who did not deliver a consent at or prior to the Expiration Date, as defined in the Consent Solicitation Statement. The COC Amendments will cease to become operative if the Transaction is not consummated or if the applicable consent fees are not paid to the applicable depositary or tabulation agent.

This press release is for informational purposes only and does not amend the consent solicitations, which have expired and were made solely on the terms and subject to the conditions set forth in the consent solicitation statement. Further, this press release does not constitute an offer to sell or the solicitation of an offer to buy the Notes or any other securities. Please refer to the earlier press releases dated May 27, 2025 and June 10, 2025, in connection with the consent solicitations for more information.

Forward-Looking Statements

Certain statements contained herein constitute forward-looking information and statements (collectively, “forward-looking statements”). When used in this news release, the words “believes”, “expects”, “expected”, “will”, “plan”, “intends”, “target”, “would”, “seek”, “could”, “projects”, “projected”, “anticipates”, “estimates”, “continues” and similar expressions are intended to identify forward-looking statements. In particular, this news release contains forward-looking statements with respect to, among other things, the Transaction.

These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. No assurance can be given that these expectations will prove to be correct and such forward-looking statements should not be unduly relied upon. These forward-looking statements speak only as of the date hereof. Parkland does not undertake any obligations to publicly update or revise any forward-looking statements except as required by securities laws. Without limiting the generality of the foregoing, forward-looking statements contained in this press release specifically include statements regarding the consummation of the Transaction. Actual results could differ materially from those anticipated in these forward-looking statements as a result of numerous risks, assumptions and uncertainties. For more information, please see the risks and uncertainties described under the headings “Cautionary Statement Regarding Forward-Looking Information” and “Risk Factors” in Parkland’s current Annual Information Form dated March 5, 2025, and under the headings “Forward-Looking Information” and “Risk Factors” included in the Q1 2025 Management’s Discussion and Analysis dated May 5, 2025, each as filed on SEDAR+ and available on Parkland’s website at www.parkland.ca.

The forward-looking statements contained herein are expressly qualified by this cautionary statement.

About Parkland Corporation

Parkland is a leading international fuel distributor, marketer, and convenience retailer with safe and reliable operations in 26 countries across the Americas. Our retail network meets the fuel and convenience needs of everyday consumers. Our commercial operations provide businesses with fuel to operate, complete projects and better serve their customers. In addition to meeting our customers’ needs for essential fuels, Parkland provides a range of choices to help them lower their environmental impact, including manufacturing and blending renewable fuels, ultra-fast EV charging, a variety of solutions for carbon credits and renewables, and solar power. With approximately 4,000 retail and commercial locations across Canada, the United States and the Caribbean region, we have developed supply, distribution and trading capabilities to accelerate growth and business performance.

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New ibex Jamaica Customer Experience Delivery Center

ibex opens its Campus delivery center, its fifth location in Jamaica in five years.

CARIBPR WIRE, WASHINGTON, Aug. 02, 2021: ibex (NASDAQ: IBEX), a global leader in business process outsourcing (BPO) and end-to-end customer engagement technology solutions, today announced the opening of its new Campus location in the Sunshine City area of Portmore, Jamaica. The new facility will create 1,300 digitally-enabled jobs, bringing the company’s total employment on the island to more than 6,500 people.

“The tremendous growth being fueled by increased client demand, technology innovation and new wins with Blue Chip and New Economy customers has helped us create more than 1,500 jobs in Jamaica this year alone and placed the island at the center of the BPO 2.0 revolution,” said Jaime Vergara, senior vice president and Jamaica country manager, ibex.

“Not only has our growth accelerated economic development across Jamaica, but we are further positioning the country as a global shared services hub that is digitally transforming our clients’ customer experiences,” Vergara added.

Since opening its first site in 2016, ibex has invested more than $50M USD capital in Jamaica, increased employment from 200 jobs to more than 6,500, and enhanced the overall health and quality of life for its employees by investing more than $40M USD in annual salaries. With the opening of Campus, ibex now has a total of more than 5,000 seats in Jamaica across its five facilities in Ocho Rios, Portmore, and Kingston.   More than 500 of these positions will be utilized to support ibex’s rapid growth in the company’s insurance sector.

ibex is currently hiring both on-site and work-at-home positions with plans for additional growth by the end of 2021, this includes new job creation to address the company’s staff augmentation efforts for IT outsourcing (ITO) services.

The company will leverage its Wave X technology suite to quickly ramp agent proficiency and accelerate its speed-to-green delivery operations. This includes deploying ibex Training Simulator, a virtual solution designed to accelerate agent learning and enhance customer engagement across digital and traditional communication channels. The company will also leverage the ibex Work@Home technology suite to drive cost savings, accelerate productivity and enhance the customer experience (CX) for clients, while providing agents the ability to work at maximum efficiency regardless of location.

About ibex
ibex delivers innovative business process outsourcing (BPO), smart digital marketing, online acquisition technology, and end-to-end customer engagement solutions to help companies acquire, engage, and retain valuable customers. Today, ibex operates a global contact center of scale consisting of 31 operations facilities around the world, while deploying next-generation technology to drive superior customer experiences for many of the world’s leading companies across retail, e-commerce, healthcare, fintech, utilities and logistics.

ibex leverages its diverse global team of over 24,000 employees together with industry-leading technology, including its Wave X technology platform, to manage over 100 million critical customer interactions and driving a truly differentiated customer experience.  To learn more, visit our website at ibex.co and connect with us on LinkedIn, Facebook and Twitter.

A photo accompanying this announcement is available HERE

ibex toma control del liderazgo del sector de externalización de procesos de negocios (BPO) en Jamaica - Abre su quinto sitio en cinco años

La empresa aprovecha su presencia en Jamaica para acelerar el aumento de empleos orientados a la tecnología y fortalecer su base de clientes digitalmente habilitados de Blue Chip y New Economy

CARIBPR WIRE, WASHINGTON, Aug. 02, 2021: – IBEX (NASDAQ: IBEX), un líder mundial en externalización de procesos de negocios (BPO) y soluciones de tecnología de participación del cliente de punto a punto, anunció hoy la apertura de su nuevo campus localizado en el área de Sunshine City de Portmore, Jamaica. La nueva instalación creará 1.300 empleos habilitados digitalmente, sumando el total de empleos de la empresa en la isla a más de 6.500 personas.

“El enorme crecimiento impulsado por el aumento de la demanda de los clientes, innovación tecnológica y nuevos éxitos con los clientes de Blue Chip y New Economy nos ayuda a crear más de 1.500 empleos en Jamaica solo este año y posicionó a la ista en el centro de la revolución de BPO 2.0″, dijo Jaime Vergara, vicepresidente senior y gerente de país de Jamaica, IBEX.

“Nuestro crecimiento además de acelerar el desarrollo económico en toda Jamaica, también posiciona aún más al país como un centro global de servicios compartidos que transforma de forma digital las experiencias de consumo de nuestros clientes”, agregó Vergara.

Desde la apertura de su primer sitio en 2016, ibex invirtió más de $ 50 millones en capital en Jamaica, aumentó el empleo de 200 a más de 6.500 puestos, y mejoró la salud y calidad de vida en general de sus empleados con una inversión de más de $ 40 millones en salarios anuales. Con la apertura del Campus, el IBEX hoy cuenta con un total de más de 5,000 puestos en Jamaica en sus cinco instalaciones en Ocho Ríos, Portmore y Kingston.   Más de 500 de estas posiciones se utilizarán para apoyar el rápido crecimiento de IBEX en el sector de seguros de la empresa.

iBEX actualmente está contratando para posiciones tanto en las instalaciones como para trabajar en el hogar con planes de crecimiento adicional para finales de 2021, esto incluye la creación de nuevos empleos para abordar los esfuerzos de aumento de personal de la empresa para servicios de externalización de TI (ITO).

La empresa aprovechará su conjunto de tecnología Wave X para aumentar rápidamente la capacidad del agente y acelerar sus operaciones de entrega de velocidad verde. Esto incluye la implementación de ibex Training Simulator (simulador de capacitación), una solución virtual diseñada para acelerar el aprendizaje de los agentes y optimizar la participación del cliente a través de canales de comunicación digitales y tradicionales. La empresa además aprovechará el conjunto de tecnología ibex Work@Home para impulsar ahorro de costos, acelerar la productividad y optimizar la experiencia del consumidor (CX) para los clientes, mientras que ofrece a los agentes la capacidad de trabajar con máxima eficacia independientemente de la localización.

Acerca de Ibex
IBEX ofrece externalización de procesos de negocios (BPO) innovadores, marketing digital inteligente, tecnología de adquisición en línea y soluciones de participación del cliente de extremo a extremo para ayudar a las empresas en la adquisición, participación y retención de clientes valiosos. Hoy, ibex opera un centro de contacto global de escala que consiste de 31 instalaciones de operaciones en todo el mundo, al mismo tiempo que implementa tecnología de última generación para impulsar experiencias de clientes superiores para muchas de las empresas líderes mundiales en los sectores minorista, comercio electrónico, atención médica, tecnología financiera (fintech), servicios públicos y logística.

ibex aprovecha su diverso equipo global de más de 24.000 empleados junto con tecnología líder en el sector, incluida su plataforma tecnológica Wave X, para la gestión de más de 100 millones de interacciones decisivas con los clientes e impulsar una experiencia de cliente verdaderamente diferenciada.  Para más información, visite nuestro sitio web ibex.co y conéctese con nosotros en LinkedIn, Facebook y Twitter.

Una foto asociada con este comunicado de prensa está disponible HERE

Scotiabank is the first Canadian bank to ever receive the Bank of the Year award from LatinFinance. The Bank was recognized for its, “overall strategy, volume and diversity of transactions; innovation and foresight; execution quality and success of transactions; role in particularly complex, innovative or large deals over the years; and quantity of transactions worked on over the year, and compared to previous years,” according to LatinFinance.

“We are honoured to have been recognized by LatinFinance as the 2018 Bank of the Year and would like to thank our customers for their loyalty and our employees for their hard work and dedication to providing an excellent customer experience,” said Ignacio (Nacho) Deschamps, Group Head of International Banking and Digital Transformation at Scotiabank. “This award recognizes Scotiabank for our long history in Latin America as well as our new acquisitions that add scale in the important markets we serve, especially in the Pacific Alliance countries.”

The Bank of the Year is chosen by an editorial panel that reviews financial data and research, considers quantitative and qualitative factors, and weighs analyst opinion. Winners will be honoured at an Awards Ceremony in New York City on December 4, 2018 to celebrate LatinFinance’s 30th anniversary.

LatinFinance is the leading source of intelligence on the financial markets and economies of Latin America and the Caribbean, and has covered banking and capital markets in the region for more than 25 years. It also provides detailed transaction pipelines, underwriting and advisory league tables, polls and awards.

About Scotiabank

Scotiabank is Canada’s international bank and a leading financial services provider in the Americas. We are dedicated to helping our 25 million customers become better off through a broad range of advice, products and services, including personal and commercial banking, wealth management and private banking, corporate and investment banking, and capital markets. With a team of more than 96,000 employees and assets of $947 billion (as at July 31, 2018), Scotiabank trades on the Toronto Stock Exchange (TSX: BNS) and New York Stock Exchange (NYSE: BNS). For more information, please visit www.scotiabank.com and follow us on Twitter @ScotiabankViews.

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165,000 New Build / Upgrades YTD & Hurricane Recovery Underway

CaribPR Wire, MIAMI, Nov. 02, 2017: Cable & Wireless Communications Limited (”C&W”) is a leading telecommunications operator in its consumer markets, which are predominantly located in the Caribbean and Latin America, providing entertainment, information and communication services to 3.5 million mobile, 0.4 million television, 0.6 million internet and 0.6 million fixed-line telephony subscribers². In addition, C&W delivers B2B services and provides wholesale services over its sub-sea and terrestrial networks that connect over 40 markets across the region.

Liberty Global’s Acquisition of C&W

On May 16, 2016, a subsidiary of Liberty Global acquired C&W (the “Liberty Global Transaction”). Revenue and subscriber statistics have been presented herein using Liberty Global’s definitions for all periods presented unless otherwise noted. Further adjustments to these metrics are possible as the integration process continues. Significant policy adjustments have been considered in our calculation of rebased growth rates for revenue. For additional information on Liberty Global’s definition of rebased growth rates, see footnote 5. In addition, effective for the 2016 fiscal year, C&W changed its fiscal year end from March 31 to December 31 to conform with Liberty Global.

Operating highlights:

• RGU³ additions of 20,000 in Q3 took YTD additions to 15,000•  Broadband⁴ RGU additions of 10,000 in Q3, compared to a decline in Q2

  •  Network upgrades and improved product offering led to gains of 4,000 and 6,000 in Panama and Jamaica, respectively

  •  23,000 next-generation WiFi “Connect Boxes” across our broadband subscriber base at the end of Q3 2017; significantly enhancing the quality of the in-home broadband experience

  •  Video decline of 4,000 RGUs in Q3, in-line with Q2 losses

  •  New bundles were introduced in Trinidad; however, the underlying headwinds from over-the-top services continued, resulting in video attrition of 3,000. In Panama, our cable video gains were offset by DTH losses

  •  Fixed voice additions of 14,000 in Q3, compared to a 9,000 decline in Q2

  •  Bundles driving demand in Jamaica, Trinidad and Panama

• Mobile subscribers⁵ declined by 43,000 in Q3•  Subscribers in Panama fell by 22,000 as we repositioned our offers to focus on higher ARPU customers. New competition in the Bahamas continued to impact our business and drove a 19,000 reduction in mobile subscribers
• New build and upgrade initiatives delivered approximately 85,000 premises in Q3, bringing the YTD total to approximately 165,000 new or upgraded homes

Update on Impacts of Hurricanes Irma and Maria:

• In September 2017, Hurricanes Irma and Maria impacted a number of our markets in the Caribbean
• Portions of C&W’s mobile and fixed networks were significantly damaged as a result of the hurricanes, most notably in the British Virgin Islands and Dominica. In addition, impacted markets are dealing with extensive damage to homes, businesses and essential infrastructure. In these collective areas, our mobile services are largely restored, however significant portions of the fixed networks are not currently operational
• We are committed to helping people across the Caribbean region recover and rebuild. To that end we launched the Cable & Wireless Charitable Foundation which will distribute funds to assist victims of the hurricanes. We have also provided credits to mobile customers in impacted C&W markets
• We currently estimate that more than $50 million of property and equipment additions would be required to restore 100% of the damaged networks in the impacted C&W markets, and that the effects of the hurricanes will negatively impact C&W’s revenue and Adjusted Segment EBITDA  by between $15 million and $25 million during Q4 2017. Although these negative impacts will decline as the networks are restored and customers are reconnected, we expect that the adverse impacts of the hurricanes on CWC’s revenue and Adjusted Segment EBITDA may continue throughout 2018 and beyond. These estimates are preliminary and are subject to change
• We are part of an integrated group property and business interruption insurance program covering all impacted markets up to a limit of $75 million per occurrence, which is generally subject to approximately $15 million per occurrence of self-insurance•  This policy is subject to the normal terms and conditions applicable to this type of insurance. We expect that the insurance recovery will only cover a portion of the incurred losses of each of our impacted businesses
• We have not recognized any potential insurance proceeds related to the hurricane losses, and we do not currently expect to receive any significant reimbursements in 2017

Footnotes

1. For purposes of calculating rebased growth rates on a comparable basis, we have adjusted the historical revenue for the three months ended September 30, 2016 to (i) reflect the impacts of the alignment to Liberty Global’s accounting policies, (ii) include the pre-acquisition revenue of entities we acquired during the current period for the three months ended September 30, 2016 to the same extent that the revenue of such entities are included in our results for the three months ended September 30, 2017 and (iii) reflect the translation of our rebased amounts for the three months ended September 30, 2016 at the applicable average foreign currency exchange rates that were used to translate our results for the three months ended September 30, 2017. The adjustments reflected in our rebased amounts have not been prepared with a view towards complying with Article 11 of Regulation S-X. In addition, the rebased growth rates are not necessarily indicative of the rebased revenue that would have occurred if Liberty Global’s acquisition of C&W had occurred on the date assumed for purposes of calculating our rebased amounts or the revenue that will occur in the future. The rebased revenue growth percentage has been presented as a basis for assessing growth rates on a comparable basis, and is not presented as a measure of our pro forma financial performance.
2. During September 2017, Hurricanes Irma and Maria caused significant damage to our operations in certain geographies within C&W, including the British Virgin Islands and Dominica, and to a lesser extent Turks & Caicos, the Bahamas, Anguilla, Antigua and other smaller markets, resulting in disruptions to our telecommunications services within these islands. The subscriber counts for British Virgin Islands, Dominica, Anguilla and Turks & Caicos reflect the pre-hurricane subscriber counts as of August 31, 2017 as we are still in the process of assessing the impacts of the hurricanes on our networks and subscriber counts in these markets. As of October 25, 2017, we estimate that we have not yet been able to restore services to the majority of our aggregate fixed-line customers and RGUs in the British Virgin Islands, Dominica, Anguilla and Turks & Caicos. While mobile services have been largely restored in these markets, we are still in the process of repairing our mobile network infrastructure.
3. RGU is separately a Basic Video Subscriber, Enhanced Video Subscriber, DTH Subscriber, Internet Subscriber or Telephony Subscriber (each as defined and described below). A home, residential multiple dwelling unit, or commercial unit may contain one or more RGUs. For example, if a residential customer in our Austrian market subscribed to our enhanced video service, fixed-line telephony service and broadband internet service, the customer would constitute three RGUs. Total RGUs is the sum of Basic Video, Enhanced Video, DTH, Internet and Telephony Subscribers. RGUs generally are counted on a unique premises basis such that a given premises does not count as more than one RGU for any given service. On the other hand, if an individual receives one of our services in two premises (e.g., a primary home and a vacation home), that individual will count as two RGUs for that service. Each bundled cable, internet or telephony service is counted as a separate RGU regardless of the nature of any bundling discount or promotion. Non-paying subscribers are counted as subscribers during their free promotional service period. Some of these subscribers may choose to disconnect after their free service period. Services offered without charge on a long-term basis (e.g., VIP subscribers or free service to employees) generally are not counted as RGUs. We do not include subscriptions to mobile services in our externally reported RGU counts. In this regard, our September 30, 2017 RGU counts exclude our separately reported postpaid and prepaid mobile subscribers.
4. Internet Subscriber is a home, residential multiple dwelling unit or commercial unit that receives internet services over our networks, or that we service through a partner network (defined below). Our Internet Subscribers do not include customers that receive services from dial-up connections.
5. Our mobile subscriber count represents the number of active subscriber identification module (“SIM”) cards in service rather than services provided. For example, if a mobile subscriber has both a data and voice plan on a smartphone this would equate to one mobile subscriber. Alternatively, a subscriber who has a voice and data plan for a mobile handset and a data plan for a laptop (via a dongle) would be counted as two mobile subscribers. Customers who do not pay a recurring monthly fee are excluded from our mobile telephony subscriber counts after periods of inactivity ranging from 30 to 90 days, based on industry standards within the respective country.

About C&W Communications

C&W is a full service communications and entertainment provider that delivers market-leading video, broadband, telephony and mobile services to consumers in 18 countries. Through its business division, C&W provides data center hosting, domestic and international managed network services, and customized IT service solutions, utilizing cloud technology to serve business and government customers.

C&W also operates a state-of-the-art submarine fiber network – the most extensive in the region.

Learn more at www.cwc.com, or follow C&W on LinkedIn, Facebook or Twitter.

About Liberty Global

Liberty Global is the world’s largest international TV and broadband company, with operations in more than 30 countries across Europe, Latin America and the Caribbean. We invest in the infrastructure that empowers our customers to make the most of the digital revolution. Our scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect our over 24 million customers who subscribe to over 50 million television, broadband internet and telephony services. We also serve over 10 million mobile subscribers and offer WiFi service across 10 million access points.

Liberty Global’s businesses are comprised of two stocks: the Liberty Global Group (NASDAQ:LBTYA) (NASDAQ:LBTYB) (NASDAQ:LBTYK) for our European operations, and the LiLAC Group (NASDAQ:LILA) (NASDAQ:LILAK) (OTC Link:LILAB) which consists of our operations in Latin America and the Caribbean.

The Liberty Global Group operates in 12 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. The Liberty Global Group also owns 50% of VodafoneZiggo, a Dutch joint venture, which has 4 million customers, 10 million fixed-line subscribers and 5 million mobile subscribers. The LiLAC Group operates in over 20 countries in Latin America and the Caribbean under the consumer brands VTR, Flow, Liberty, Más Móvil and BTC. In addition, the LiLAC Group operates a sub-sea fiber network throughout the region in over 40 markets.

For more information, please visit www.libertyglobal.com.

Cable & Wireless reporta los resultados preliminares del tercer trimestre de 2017

La compañía retomó el aumento de las unidades generadoras de ingresos (RGUs) con 20.000 adiciones; incremento del ingreso con rebase de +1%

165.000 nuevas construcciones/actualizaciones desde el comienzo del año hasta la fecha & tareas de recuperación en proceso debido a los daños ocasionados por los huracanes

CaribPR Wire, MIAMI, Nov. 02, 2017: Cable & Wireless Communications Limited (”CWC”) es la compañía operadora de servicios de telecomunicaciones líder en sus mercados al consumidor, en su mayoría ubicados en América Latina y el Caribe. La compañía le brinda servicios de comunicación, información y entretenimiento a 3,5 millones de suscriptores de servicios móviles, 0,4 millones de suscriptores de servicios de televisión, 0,6 millones de suscriptores de servicios de Internet y 0,6 millones de suscriptores de servicios de telefonía fija³. Además, C&W brinda servicios de B2B y servicios mayoristas a través de sus redes terrestres y submarinas que conectan más de 40 mercados en la región.

Adquisición de C&W por parte de Liberty Global

El 16 de mayo de 2016, una subsidiaria de Liberty Global adquirió CWC (la “Transacción Liberty Global”). Se han presentado el ingreso, el índice ajustado UIDA⁴ (Utilidades antes de Intereses, Impuestos, Depreciación y Amortización) y las estadísticas de suscriptores utilizando las definiciones de Liberty Global para todos los períodos presentados a menos que se haya indicado lo contrario. A medida que el proceso de integración continúa, es probable que se realicen ajustes. En nuestro cálculo de índices de crecimiento rebasados en pos del índice ajustado UIDA y el ingreso, se han considerado significativos ajustes a las políticas. Para conocer más información sobre la definición de Liberty Global del índice ajustado UIDA y los índices de crecimiento rebasados, vea las notas 4 y 5 respectivamente al pie de página. En la sección Resultados financieros, conciliación del índice ajustado UIDA & adiciones de activos intangibles, equipos y bienes⁶, se incluye una conciliación de la ganancia neta (pérdida) con respecto al índice ajustado UIDA. Además, con vigencia en el año fiscal 2016, C&W modificó la finalización de su año fiscal del 31 de marzo al 31 de diciembre a fin de adaptarse a Liberty Global.

Cuestiones operativas a destacar:

• Debido a las 20.000 nuevas unidades generadoras de ingresos (RGU³) en el tercer trimestre, el incremento de adiciones desde el comienzo del año a la fecha alcanza los 15.000

  •  La adición de 10.000 unidades generadoras de ingresos (RGU) de banda ancha⁴ en el tercer trimestre se compara con una disminución en el segundo trimestre

  •   Las actualizaciones de red y la oferta de productos mejorada resultó en un incremento de 4.000 y 6.000 en Panamá y Jamaica, respectivamente

  •   23.000 “Connect Boxes” con WiFi de próxima generación en nuestra base de suscriptores de servicios de banda ancha a finales del tercer trimestre, lo que fortaleció significativamente la calidad de la experiencia de banda ancha en el hogar

  •   La disminución de 4.000 unidades generadoras de ingresos (RGU) de video en el tercer trimestre se mantiene en línea con las pérdidas del segundo trimestre

  •   Se presentaron nuevos paquetes en Trinidad. Sin embargo, los vientos en contra subyacentes de los servicios de mayor categoría continuaron, por lo que hubo una disminución de video de 3.000. En Panamá, nuestros incrementos en video por cable fueron contrarrestados por pérdidas de DTH

  •   La adición de 14.000 unidades generadoras de ingresos (RGU) de voz fija en el tercer trimestre se compara con una disminución de 9.000 en el segundo trimestre

  •   Los paquetes generan demanda en Jamaica, Trinidad y Panamá

• La cantidad de suscriptores de servicios móviles⁹ disminuyó 43.000 en el tercer trimestre

  •   La cantidad de suscriptores en Panamá se redujo en 22.000 a medida que reposicionamos nuestras ofertas a fin de enfocarnos en los clientes con un mayor ingreso promedio por usuario (ARPU). La nueva competencia en Bahamas continuó impactando en nuestro negocio y ocasionó una reducción de 19.000 suscriptores móviles

• Las nuevas construcciones y las iniciativas de actualización resultaron en aproximadamente 85.000 nuevos sitios en el tercer trimestre, lo que generó un total desde el comienzo del año hasta la fecha de 165.000 nuevos sitios

Actualización del impacto de los Huracanes Irma y María:

• En septiembre de 2017, los Huracanes Irma y María impactaron varios de nuestros mercados en el Caribe
• Como resultado de estos Huracanes, partes de las redes fijas y móviles de C&W sufrieron daños significativos, con mayor notoriedad en las Islas Vírgenes Británicas y Domínica. Además, los mercados afectados sufrieron grandes daños a hogares, negocios e infraestructura esencial. En estas áreas colectivas, ya reestablecimos la mayoría de los servicios móviles aunque grandes partes de las redes fijas todavía no están en operación
• Estamos comprometidos a ayudar a los habitantes de la región del Caribe a realizar tareas de recuperación y reconstrucción. Con esta finalidad, lanzamos la Fundación de Caridad de Cable & Wireless, que distribuirá fondos para asistir a las víctimas de los Huracanes. Además, les otorgamos crédito a nuestros clientes de servicios móviles en los mercados de C&W impactados
• Calculamos que se necesitarán más de $50 millones en bienes y equipamiento para reestablecer el 100% de las redes dañadas en los mercados de C&W impactados. El efecto de los Huracanes tendrá un impacto negativo en el índice ajustado UIDA (Utilidades antes de Intereses, Impuestos, Depreciación y Amortización) y el ingreso de C&W de entre $15 y $25 millones en el cuarto trimestre del 2017. Aunque este impacto negativo se reducirá a medida que se reestablezcan las redes y los clientes recuperen la conexión, el impacto adverso de los Huracanes en el índice ajustado UIDA (Utilidades antes de Intereses, Impuestos, Depreciación y Amortización) y el ingreso de C&W podría continuar en todo el 2018 y más. Estos cálculos son preliminares y están sujetos a modificaciones
• Somos parte de un programa integrado de seguro de propiedad comercial y de interrupción de negocios que cubre todos los mercados afectados hasta un límite de $75 millones por incidentes, que generalmente está sujeto a aproximadamente $15 millones por incidentes de autoseguro
  • Esta política está sujeta a los términos y condiciones normales aplicables a este tipo de seguro. Esperamos que la recuperación del seguro solo cubra una parte de las pérdidas incurridas de cada uno de nuestros negocios impactados
• No hemos reconocido ningún posible producto de seguro relacionado con las pérdidas por huracanes, y actualmente no esperamos recibir reembolsos significativos en 2017

Notas al pie de página

1. A fin de calcular los índices de crecimiento con rebase sobre una base de comparación para el grupo prestatario C&W, hemos ajustado el ingreso histórico y el índice ajustado UIDA para el período de tres y nueve meses finalizado el 30 de septiembre de 2016 para (i) reflejar el impacto del alineamiento con las políticas de contaduría de Liberty Global, (ii) incluir el ingreso de pre-adquisición y el flujo de caja operativo (OCF) del segmento de las entidades perfiladas, para el período de tres y nueve meses finalizado el 30 de septiembre de 2016 al mismo punto que dicho ingreso y dicho segmento, como se define a continuación, estén incluidos en los resultados de nuestros períodos de tres y nueve meses finalizados el 30 de septiembre de 2017 y (iii) reflejar la transición de nuestras cantidades con rebase para el período de tres y nueve meses finalizados el 30 de septiembre de 2016 a los índices de intercambio de moneda extranjera promedio aplicables utilizados para traducir los resultados de C&W en los períodos de tres y nueve meses finalizados el 30 de septiembre de 2017. Los ajustes reflejados en nuestras cantidades con rebase no han sido preparados a fin de cumplir con el Artículo 11 de la Regulación S-X. Además, los índices de crecimiento con rebase no necesariamente indican el ingreso con rebase que hubiese tenido lugar en caso de que la adquisición de C&W hubiese ocurrido en la fecha asumida con propósitos de calcular nuestras cantidades con rebase o el ingreso que tendrá lugar en el futuro. Se han presentado los porcentajes de crecimiento con rebase como base para evaluar los índices comparables con base comparable, y éstos no se presentan como medida de nuestro rendimiento financiero pro forma.
2. Durante septiembre de 2017, los Huracanes Irma y María ocasionaron daños significativos en nuestras operaciones en ciertos lugares geográficos en los que opera C&W, incluidas las Islas Vírgenes Británicas y Domínica. Aunque en menor medida, también se produjeron daños en las islas Turcas y Caicos, las Bahamas, Anguila, Antigua y otros mercados más pequeños, lo que resultó en interrupciones a nuestros servicios de telecomunicaciones en estas islas. Los conteos de suscriptores de las Islas Vírgenes Británicas, Domínica, Anguila y las islas Turcas y Caicos reflejan el conteo de suscriptores antes de los Huracanes al 31 de agosto de 2017, ya que todavía estamos evaluando el impacto de estos fenómenos en nuestras redes y los conteos de suscriptores en los mercados mencionados. Al 25 de octubre de 2017, calculamos que no hemos logrado reestablecer los servicios de la mayoría de nuestros clientes de línea fija agregada y las unidades de generación de ingresos (RGU) en las Islas Vírgenes Británicas, Domínica, Anguila y las islas Turcas y Caicos. Aunque logramos reestablecer la gran mayoría de los servicios móviles en estos mercados, todavía estamos reparando nuestra infraestructura de red móvil.
3. La unidad generadora de ingreso (RGU) es, en forma separada, un suscriptor de servicios de video básico, suscriptor de servicios de video mejorado, suscriptor de DTH, suscriptor de servicios de Internet o suscriptor de servicios de telefonía (cada uno definido como se describe más abajo). Un hogar, una unidad de inmueble en un lugar de residencias múltiples o una unidad comercial pueden contener una o más unidad generadora de ingresos (RGU). Por ejemplo, si un cliente residencial en nuestro mercado austríaco se suscribió a nuestro servicio de video mejorado, nuestro servicio de telefonía de línea fija y nuestro servicio de Internet de banda ancha, este cliente constituye tres unidades generadoras de ingresos (RGUs). La cantidad total de RGUs es la suma de los suscriptores de servicios de video básico, video mejorado, DTH, Internet y telefonía. Las RGUs se cuentan en base a una única instalación, de forma que una misma instalación no cuenta como más de una RGU por un mismo servicio. Por otro lado, si una persona recibe uno de nuestros servicios en dos instalaciones (por ejemplo, un hogar de residencia y un hogar vacacional), esa persona contará como dos RGUs para dicho servicio. Cada servicio de telefonía, Internet o cable en paquete cuenta como una RGU separada, independientemente de la naturaleza de cualquier promoción o descuento por paquete que pudiera aplicar. Los suscriptores que no paguen, cuentan como suscriptores durante el período de servicio promocional sin cargo que se les ha brindado. Es posible que algunos de estos suscriptores elijan prescindir del servicio luego del período de servicio sin cargo. Los servicios que se ofrecen sin cargo a largo plazo (por ejemplo, suscriptores de categoría VIP o los servicios gratis a los empleados) generalmente no cuentan como RGU. No incluimos suscripciones a servicios móviles en nuestro conteo de RGUs reportado de forma externa. En este sentido, nuestros conteos de RGUs al 30 de septiembre de 2017 excluyen nuestros suscriptores de servicios móviles prepagos y pospagos, reportados por separado.
4. Un suscriptor de servicios de Internet es un hogar, una unidad de inmueble en un lugar de residencias múltiples o una unidad comercial que recibe servicios de Internet que brindamos a través de nuestras redes o redes de una compañía asociada (como se define a continuación). En nuestros suscriptores de servicios de Internet, no se incluyen clientes que reciben servicios de conexiones dial-up.
5. Nuestro conteo de suscriptores móviles representa la cantidad de tarjetas de módulos de identificación de suscriptores (SIM) en servicio, no los servicios brindados. Por ejemplo, si un suscriptor móvil cuenta con un plan de voz y datos en su smartphone, esto equivaldría a un suscriptor de servicios móviles. Alternativamente, un suscriptor que cuenta con un plan de voz y datos en un dispositivo móvil y un plan de datos en una laptop (a través de un dongle), se contaría como dos suscriptores de servicios móviles. Los clientes que no pagan una tarifa mensual recurrente se excluyen de nuestros conteos de suscriptores de servicios de telefonía móvil luego de períodos de inactividad desde los 30 a los 90 días con base a los estándares de la industria en cada país.

Acerca de C&W Communications

C&W es un proveedor de servicios completos de comunicaciones y entretenimientos que brinda servicios móviles, de telefonía, de banda ancha y de video líderes en el mercado a consumidores de 18 países. A través de su división de negocios, C&W brinda servicios nacionales e internacionales de gestión de redes, hosting de centros de datos y soluciones de servicios de TI personalizadas mediante tecnología en la nube para servir a gobiernos y negocios.

C&W también opera una red de fibra submarina de última generación –la más extensa en la región–.

Lea más información en www.cwc.com o siga a C&W en LinkedIn, Facebook o Twitter.

Acerca de Liberty Global
Liberty Global es la compañía internacional de servicios de banda ancha y TV más grande del mundo, con operaciones en más de 30 países en Europa, América Latina y el Caribe. Liberty Global invierte en la infraestructura que le permite a sus clientes aprovechar al máximo la revolución digital. La escala y el compromiso por la innovación de Liberty Global le permite desarrollar productos líderes en el mercado a través de redes de próxima generación que conectan a sus 25 millones de clientes, quienes se suscriben a 51 millones de servicios de telefonía, Internet de banda ancha y televisión. Liberty Global también sirve a más de 10 millones de suscriptores móviles y brinda servicios de WiFi en siete millones de puntos de acceso.

Los negocios de Liberty Global comprenden dos empresas accionistas: el Grupo Liberty Global (NASDAQ: LBTYA, LBTYB y LBTYK) para sus operaciones en Europa y el Grupo LiLAC (NASDAQ: LILA y LILAK, OTC Link: LILAB) para sus operaciones en América Latina y el Caribe.

El Grupo Liberty Global opera en 12 países en Europa bajo las marcas al consumidor Virgin Media, Ziggo, Unitymedia, Telenet y UPC. El Grupo LiLAC opera en más de 20 países en América Latina y el Caribe bajo las marcas al consumidor VTR, Flow, Liberty, Más Móvil y BTC. Además, el Grupo LiLAC opera una red de fibra submarina en la región en más de 30 mercados.

Para más información, por favor visite www.libertyglobal.com.

Tom O’Sullivan, General Manager of the Barbados Branch of Canada Life commented “I am pleased to announce this major reinsurance agreement, which reflects our ability to collaborate effectively with the MMC U.K. Pension Fund to create a solution to efficiently hedge their longevity risk.”

Jeff Poulin, Global Head of Canada Life Reinsurance, added “This transaction highlights our expertise in underwriting large, complex and innovative risk transfer initiatives together with the value of our financial strength.”

Canada Life Reinsurance offers a range of innovative risk and capital management solutions covering mortality, longevity, health and lapse risks for insurers, reinsurers and pension funds across the U.S. and Europe. Canada Life Reinsurance continues to develop innovative reinsurance solutions it offers to insurers and reinsurers in many European markets including the Netherlands, the U.K., France, Germany, Italy, Spain, Portugal, Sweden, Belgium and Ireland.

About Canada Life

Canada Life is part of a group of companies owned by Great-West Lifeco Inc., a diversified financial services holding company headquartered in Winnipeg, Canada. Great-West Lifeco and its insurance subsidiaries have received strong ratings from major rating agencies.

About Great-West Lifeco
Great-West Lifeco Inc. is an international financial services holding company with interests in life insurance, health insurance, retirement and investment services, asset management and reinsurance businesses. Great-West Lifeco has operations in Canada, the United States and Europe through Great-West Life, London Life, Canada Life, Irish Life, Great-West Financial and Putnam Investments. Great-West Lifeco and its companies have £809 billion (over C$1.3 trillion) in consolidated assets under administration as of June 30, 2017 and are members of the Power Financial Corporation group of companies. To learn more, visit www.greatwestlifeco.com.

LOS ANGELES, Sept. 5, 2017 /PRNewswire-HISPANIC PR WIRE/ – Joel Peña has joined DoubleLine Capital LP as head of the firm’s institutional and intermediary investor relations in Latin America and the Caribbean. Mr. Peña comes to DoubleLine from international asset manager Robeco where he served as managing director for Latin America and U.S. Offshore.

In addition to heading DoubleLine’s institutional and private client relations in Latin America and the Caribbean, Mr. Peña will manage relations with overseas clients, advisors and distributors engaging the firm via its U.S. offshore platforms.

“Thanks to economic growth, a broadening middle class and rising standards of living, countries in Central and South America have seen growth in assets entrusted to pension funds, insurers and other fiduciaries. These institutional investors are looking beyond their local markets for investment opportunities and expertise,” said Ron Redell, executive vice president of DoubleLine. “My colleagues and I are delighted to welcome Joel into the DoubleLine team to sharpen our focus on the needs and objectives of institutional and private investors in Latin American and the Caribbean.”

Mr. Peña has 16 years of experience in asset management. Prior to Robeco, he served nearly six years as head of institutional clients in Latin America for fixed income manager PIMCO. Mr. Peña began his career in asset management at BBVA Bancomer in Houston and Miami before joining Bank Hapoalim as senior private banker. He holds an undergraduate degree in economics from Instituto Tecnológico y de Estudios Superiores de Monterrey, Tecnológico de Monterrey, Mexico, and an MBA from the Stern School of Business, New York University. He is a CFA and CAIA charter-holder.

“Navigating markets in today’s complex environment is far from easy. Very few firms have been as successful at it as DoubleLine,” Mr. Peña said. “I look forward to leading the expansion in Latin America within this organization, a company which is fully committed to always putting its clients’ needs first.”

About DoubleLine Capital LP

DoubleLine Capital LP, a registered investment adviser under the Investment Advisers Act of 1940, acts as the investment adviser for the Fund. As of the June 30, 2017 end of the second quarter, DoubleLine Capital and its related companies (”DoubleLine”) managed $109 billion in assets across all vehicles, including open-end mutual fund, collective investment trust, closed-end fund, exchange-traded fund, hedge fund, variable annuity, UCITS and separate account. DoubleLine’s offices can be reached by telephone at (213) 633-8200 or by e-mail at info@doubleline.com. Media can reach DoubleLine by e-mail at media@doubleline.com. DoubleLine^® is a registered trademark of DoubleLine Capital LP. ]]> https://caribpr.com/joel-pena-joins-doubleline-to-lead-expansion-in-latin-america-caribbean/feed/ 0 https://caribpr.com/uae-passport-awarded-a-certificate/ https://caribpr.com/uae-passport-awarded-a-certificate/#comments Wed, 30 Aug 2017 21:10:03 +0000 caribpr http://caribpr.com/?p=13250 UAE Passport Force initiative aims high for 2021.

DUBAI, United Arab Emirates, Aug. 30, 2017 /PRNewswire-HISPANIC PR WIRE/ – At a ceremony, the government of the UAE accepted a certificate bestowed by the Passport Index, in recognition for being the most powerful passport in the GCC. UAE passport holders enjoy a visa-free score of 127, which places them in the top 25 passports globally.

Developed by Arton Capital, the global advisory leader for residence and citizenship solutions, the Passport Index is the world’s most popular destination for everything on passports. The index ranks national passports by the cross-border access they bring, assigning a “visa-free score” according to the number of countries a passport holder can visit visa-free or with visa on arrival.

These great accomplishments reflect the strategic, political, economic, social and cultural dimensions, with important implications in terms of prestige and appreciation, being enjoyed by the UAE, led by His Highness Sheikh Khalifa bin Zayed Al Nahyan- President of the United Arab Emirates, at an international level,” said H.E. Ahmed Saeed Alham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the Ministry of Foreign Affairs and International Cooperation (MoFAIC).

The ministry recently launched the UAE Passport Force initiative, with the goal to place the State’s passport on the list of the five most important passports in the world by 2021 upon the directives of HH Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation. In recent years, the UAE has been focused on establishing strategic relations and partnerships that contribute to enhancing the status of the State at the international level.

“We are thrilled to announce that the Passport Index serves as the official benchmark and service partner of the UAE Passport Force initiative to monitor and reflect in real time the accession of the UAE passport within the world’s most powerful,” shared John Hanafin, CEO of Arton Capital.

H.E. Ahmed Saeed Elham Al Dhaheri, Assistant Under-Secretary for Consular Affairs at the ministry, said that “the higher ranking of the UAE passport is one of the most important achievements of the UAE diplomacy led, by H.H. Sheikh Abdullah bin Zayed Al Nahyan.”

The ministry stepped up the diplomatic move towards greater openness to the world including strengthening relations with certain countries, beside strong positive presence in all regional and international forums. The government’s strategy aims to provide distinguished services to citizens, including exemption from pre-entry visa requirements to countries of the world.

About the Passport Index
Passport Index is the world’s most popular online interactive tool, which collects, displays and ranks the passports of the world. It is the only real-time global ranking of passports, updated as frequently as new visa waivers and changes are announced. Visitors can dive in the fascinating world of passports, explore their designs, sort them by country, region and even by color. For the first time ever, visitors can compare passports side by side and discover how to improve their Global Mobility Score.
(www.passportindex.org)