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VEREIT® Announces First Quarter 2021 Operating Results


VEREIT® Announces First Quarter 2021 Operating Results
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PHOENIX, May 6, 2021 /PRNewswire/ VEREIT, Inc. (NYSE: VER) ( VEREIT or the Company ) announced today its operating results for the three months ending March 31, 2021.
 First Quarter 2021 Financial and Operating Highlights
Net income of $120.7 million and net income per diluted share of $0.50
Achieved $0.80 AFFO per diluted share
Rent collection of 99%
Compared to last quarter, Total debt - as reported decreased from $5.9 billion to $5.6 billion; Adjusted Principal Outstanding decreased from $6.1 billion to $5.8 billion; Net Debt decreased from $5.6 billion to $5.5 billion; and Net Debt to Normalized EBITDA decreased from 5.64x to 5.45x ....

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Europe's Biggest Banks Face New Green Asset Ratio Disclosure


Europe’s Biggest Banks Face New Green Asset Ratio Disclosure
Mar 01 2021, 4:33 PM
March 01 2021, 1:45 PM
March 01 2021, 4:33 PM
(Bloomberg) Europe’s biggest banks face new rules to disclose how much of their business contributes to climate change.
(Bloomberg) Europe’s biggest banks face new rules to disclose how much of their business contributes to climate change.
The “Green Asset Ratio,” announced by the European Banking Authority on Monday, would be a key metric to show if a firm is shifting away from financing fossil fuels and toward renewable energy. The proposal to the European Commission would apply to big investment firms and banks including Deutsche Bank AG and BNP Paribas SA. ....

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