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Focus Financial Partners Increasing Term Loan to Repay Revolver Balance and Reset Dry Powder in Anticipation of Strong M&A Momentum in 2021

(2) NEW YORK, NY / ACCESSWIRE / January 19, 2021 / Focus Financial Partners Inc. (NASDAQ:FOCS) ( Focus ), a leading partnership of independent, fiduciary wealth management firms, announced today that it is launching a transaction to increase the size of its First Lien Term Loan ( Term Loan ) by $375 million. Focus expects to close this transaction in January 2021 and use the proceeds to repay outstanding borrowings under its $650 million First Lien Revolver ( Revolver ). There will be no change to the existing terms of the Revolver as a result of this reduction in borrowings. As of December 31, 2020, the balances outstanding under Focus Term Loan and Revolver were approximately $1.13 billion and $380 million, respectively.

Nearly all Alaska and West Coast fishermen badly hurt by pandemic, survey indicates

Nearly all Alaska and West Coast fishermen badly hurt by pandemic, survey indicates Print article The single biggest hit to fishermen from the COVID-19 virus is lower dock prices, according to Alaska and West Coast harvesters, and 98% said their businesses have been badly bashed by the pandemic. That’s based on survey results compiled by Ocean Strategies, a public relations firm that focuses on fisheries that helped profile the Pacific region for a larger federal study. Nearly 400 fishermen responded to the short, confidential survey launched last November, said senior consultant Hannah Heimbuch of Kodiak. “NOAA uses any information they collect on economics to report to Congress on how the industry is being impacted, the major trends they are seeing, and then that informs the decisions that Congress or other government agencies might make in response to those trends,” she said.

Covid 19 coronavirus: Shameful - US virus death toll hits 400,000 in Donald Trump s final hours as president

Covid 19 coronavirus: Shameful - US virus death toll hits 400,000 in Donald Trump s final hours as president 19 Jan, 2021 08:30 PM 6 minutes to read Joe Biden will be sworn in as the 46th President of the United States about 6am Thursday morning (NZT). Video / Itv Joe Biden will be sworn in as the 46th President of the United States about 6am Thursday morning (NZT). Video / Itv AP By: Adam Geller and Janie Har As President Donald Trump entered the final year of his term last January, the US recorded its first confirmed case of Covid-19. Not to worry, Trump insisted, his administration had the virus totally under control .

MG Hector long term review, second report

After spending most of its time in pandemic-induced short-haul runs, the Hector diesel manual finally got to stretch its legs on a holiday to Goa. Click to read.

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