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Since the announced planned sale of its programme management business on Friday, the stock has lost more than two thirds of its value

Results included an $8 million charge related to mark-to-market treatment of Nabors warrants

It compares with net income of $57.4 million for the third quarter of 2022

Sale to New York-headquartered Stonepeak will result in Textainer becoming a privately held company

Multi-asset platform is regulated by the Bermuda Monetary Authority

The rating agency noted that a continuation of the favourable fiscal trajectory will further increase the Caribbean island’s credit resilience

Hilli Episeyo’s 100th cargo was loaded on to the MV Energy Integrity

The $400 million fungible add-on to its existing senior secured first-lien term loan was through a private placement

Experts were speaking at Convergence 2023, the annual meeting of ILS Bermuda

The strategic acquisition adds $19 billion of assets under administration and around 50 new employees to the existing Apex Group platform in the country