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Two Harbors Investment Corp. Announces Pricing of Convertible Senior Notes due 2026

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Two Harbors Investment Corp. (NYSE: TWO), an Agency + MSR mortgage real estate investment trust, today announced the pricing of $250 million aggregate principal amount of 6.25% convertible senior notes due 2026 (the Notes) in an underwritten public offering. The company has granted to the underwriters of the offering a 13-day option to purchase up to an additional $37.5 million aggregate principal amount of the Notes to cover over-allotments, if any.

The Notes will be unsecured, pay interest semiannually at a rate of 6.25% per annum and be convertible at the option of the holder into shares of the companys common stock. The Notes will mature in January 2026, unless earlier converted or repurchased in accordance with their terms. The company will not have the right to redeem the Notes prior to maturity, but may be required to repurchase the Notes from holders under certain circumstances.

The Notes will have an initial conversion rate of 135.5014 shares of common stock per $1,000 principal amount of the Notes (equivalent to an initial conversion price of $7.38 per share), subject to adjustment. The offering is expected to close on or about February 1, 2021, subject to customary closing conditions.

The company intends to use the net proceeds from the offering first to repurchase a portion of its 6.25% Convertible Senior Notes due 2022 in privately negotiated or open market transactions, with the balance of the net proceeds to be used for general corporate purposes. General corporate purposes may include the purchase the companys target assets, including Agency RMBS, mortgage servicing rights and other financial assets, in each case subject to the companys investment guidelines and to the extent consistent with maintaining its REIT qualification, the refinancing or repayment of debt, the repurchase or redemption of common and preferred equity securities, and other capital expenditures.

J.P. Morgan Securities LLC, Barclays Capital Inc., and RBC Capital Markets, LLC are acting as joint book-running managers for the offering of the Notes.

The offering will be made pursuant to the companys shelf registration statement previously filed with the Securities and Exchange Commission (SEC) on February 28, 2018 (Commission File No. 333-223311). The offering will be made only by means of a prospectus supplement and an accompanying prospectus. Before you invest, you should read the prospectus supplement and accompanying prospectus along with other documents that the company has filed with the SEC for more complete information about the company and this offering. Copies of the preliminary prospectus supplement and accompanying prospectus, when available, may be obtained by contacting:

J.P. Morgan Securities LLC c/o Broadridge Financial Solutions 1155 Long Island Avenue Edgewood, NY 11717 Or by email at: [email protected] Or by telephone at: 1 (866) 803-9204

This press release shall not constitute an offer to sell, or a solicitation of an offer to buy, the Notes or any other securities, nor shall there be any sale of the companys securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Notice Regarding Forward-Looking Statements

This release may include statements and information that constitute forward-looking statements within the meaning of section 27A of the Securities Act of 1933, as amended, and section 21E of the Securities Exchange Act of 1934, as amended, and we intend such forward-looking statements to be covered by the safe harbor provisions therein and are included in this statement for purposes of invoking these safe harbor provisions. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, targets, expectations, anticipations, assumptions, estimates, intentions and future performance. The forward-looking statements made in this release include, but may not be limited to, expectations regarding the use of proceeds from the offering.

Forward-looking statements are not guarantees, and they involve risks, uncertainties and assumptions. There can be no assurance that actual results will not differ materially from our expectations. We caution investors not to rely unduly on any forward-looking statements and urge you to carefully consider the risks identified under the captions Risk Factors, Forward-Looking Statements and Managements Discussion and Analysis of Financial Condition and Results of Operations in our public filings with the SEC, which are available on the SECs website at www.sec.gov.

All written or oral forward-looking statements that we make, or that are attributable to us, are expressly qualified by this cautionary notice. Except to the extent required by applicable laws and regulations, we undertake no obligations to update these forward-looking statements to reflect events or circumstances after the date of this release or to reflect the occurrence of unanticipated events.

Two Harbors Investment Corp.

Two Harbors Investment Corp., a Maryland corporation, is a real estate investment trust that invests in residential mortgage-backed securities, mortgage servicing rights and other financial assets. Two Harbors is headquartered in Minnetonka, MN.

Additional Information

Stockholders of Two Harbors and other interested persons may find additional information regarding the company at the Securities and Exchange Commissions Internet site at www.sec.gov or by directing requests to: Two Harbors Investment Corp., 601 Carlson Parkway, Suite 1400, Minnetonka, MN, 55305, telephone 612-453-4100.

Paulina Sims, Senior Director, Investor Relations, Two Harbors Investment Corp., 612-500-2893, [email protected].

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Millennials Now Saving More Money Than Their Parents According to Zip

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SYDNEY, Feb. 27, 2021 /PRNewswire/ — Millennials are a diverse group, the youngest of which is turning 25 this year, while the oldest is nearing 40. In this stage of their lives, financial decisions are increasingly impacted by the fear they won't be able to achieve material goals. The worry is that they won't be able to meet key financial goals, such as buying property, paying back student debt, or saving for retirement.

The differing money-related behaviours of millennials compared to their parents have resulted in their ability to save more. By putting their money into savings accounts, exploring investment plans, and choosing smart financial technology services, millennials are setting the foundation for a strong financial future.

Faced with the risk of being unable to land their dream job, buy a house, or retire until much later in life than their parents did, millennials are choosing to delay homeownership, cutting back on alcohol, spending more on public transport and choosing interest-free payment options wherever possible.

One of the reasons why millennials favour interest-free, online services such as Zip is for their ability to help with budgeting. The millennial crowd are known to manage their finances closely with the help of new technology. Almost 1 in 3 millennials use online tools to track their spending and 7% make use of budgeting apps.

Millennials are also turning away from credit cards in favour of using Buy Now Pay Later apps to manage their finances responsibly, and as a cheaper alternative to credit cards. They also try not to incur interest through unpaid balances unless absolutely necessary, making interest-free BNPL providers a popular choice for this demographic.

Millennials have come of age during a time of economic disruption, technological change and accelerated globalisation. This has given them a set of behaviours and experiences vastly different from their parents. Their unique experiences will change the ways we buy and sell, forcing companies to examine how they do business now and into the future.

This press release was issued through 24-7PressRelease.com. For further information, visit http://www.24-7pressrelease.com.

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/millennials-now-saving-more-money-than-their-parents-according-to-zip-301236400.html

SOURCE Zip

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Unique French-English bilingual programme at the Canadian International School (CIS) expanding from August 2021

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SINGAPORE – Media OutReach – 22 February 2021 – The Canadian International School (CIS) in Singapore is delighted to announce the expansion of its unique French-English bilingual programme at the Lakeside campus with the opening of a class in grade 1, 2 and 5 starting in August 2021. Going forward, the programme will now be available to students at its Lakeside campus from grade 1 through to grade 5.

“We are extremely excited about the programme’s expansion as we are the only international school in Singapore to offer a French-English bilingual program fully aligned to the International Baccalaureate PYP framework, ” says CIS Head of School Pete Corcoron. “We are delighted students can now take advantage and enjoy the programme’s unique benefits for a longer period.”

The decision to open up an additional class underscores CIS’ reputation as one of the most experienced and trusted international schools in Singapore to offer bilingual programmes. In addition to CIS’s French-English bilingual programme they also offer a Chinese-English bilingual programme for students in junior kindergarten to grade 6.

The French-English bilingual programme objective

To educate students to become bilingual, biliterate and bicultural in both French and English.

Key features of the French-English bilingual programme

Each class has two qualified teachers — one English speaker and one French speaker. Instruction is inquiry-based and fully aligned to the International Baccalaureate Primary Years Programme (IB PYP). Students have equal exposure to both languages — classes are in English one day and French the next.

CIS’ teaching approach

All learning is done through inquiry. Wherever possible, CIS uses authentic materials (such as songs, stories, TV and websites) instead of textbooks, and engage students in active, hands-on activities like acting out plays, cooking and participating in quizzes. The school places a strong emphasis on creating authentic experiences where learning mirrors real-life activities. CIS don’t do any translating. All learning is done through immersion.

Who can enrol?

While language requirements do apply, CIS welcomes students from all backgrounds. Some students are French native-speakers while others have been educated in a French-speaking school or have a strong connection and passion for the French language.

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Nexstgo comprehensively enhances its range of NEXSTMALL BIZ business solutions

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Giving impetus to the development of SMEs with digital strategies to maintain their competitiveness under the ‘new normal’

 

HONG KONG SAR – Media OutReach – 22 February 2021 – As a developer and service provider of innovative digital and technology products, Nexstgo provides PCs, loT innovations, Artificial Intelligence application solutions, Information Technology solutions and more. Stepping into the new year, the “new normal” commercial environment continues to affect business IT purchasing decisions. In order to help SMEs be successful in their digital transformation and adapt to the new reality of remote working, Nexstgo has enhanced its business solutions available through the NEXSTMALL BIZ platform to provide a more comprehensive technology application strategy focusing on the business and commercial field. These include one-stop professional IT services, remote conferencing and VPN security systems, together with a wide range of branded NEXSTGO, VAIO and AVITA mobile computing products. Nexstgo ensures enterprises of any size and industry can find the most suitable software and hardware solutions on NEXSTMALL BIZ, helping businesses maintain the strongest performance under the continuously transforming business environment during the new year.

For more information on NEXSTMALL BIZ business solutions and exclusive offers for corporate clients, please visit:

https://www.nexstmall.com/collections/nexstmall-business-solution

Comprehensively monitoring the network security of customers, providing the most robust backing of IT consulting services at any time

With the routinization of “new normal” working practices, remote-work, WFH, online and cloud-based processes have become ubiquitous. Nexstgo has launched technological solutions specifically for network security management, including the installation of bank-level encryption software by Norton VPN for customers in business areas that require remote-work with a high level of integrated protection. When customers access the Internet on public Wi-Fi hotspots, these systems provide safe and effective online privacy. With the Veeam data encryption backup system, customers can work in any environment confidently. To enhance provision of security technology strategies, the company is also launching further products on NEXSTMALL BIZ, including the latest Targus Docking Station, which supports multiple USB interfaces and screen configurations; Targus Privacy Screen Filter, designed to protect high-value information; and Targus Security Cable Lock that locks the connection end of the transmission line to protect valuable resources on the device. Corporate clients who purchase designated VAIO notebooks on NEXSTMALL BIZ will also get the above-mentioned products and other valuable accessories designed to protect their business privacy. This enables customers to experience the most secure workflows, ensuring business privacy of the whole organization in the era of digital commerce.

As a strategic partner to SMEs, Nexstgo’s elite team also provides customers with professional IT support and technology operation consulting services, helping companies confidently achieve digital transformation and adapt to the “new normal”. These supporting services undertaken by the professional specialist team handle inquiries regarding computer products and software systems, and provide product management and technical support. Customers who purchase any NEXSTGO or VAIO laptop on NEXSTMALL BIZ with a subscription to a one-month IT support service will receive one-time free Data Migration support, allowing corporate clients worry-free activation of new computer equipment without affecting daily operations. Customers benefit from the strongest backing brought by the Nexstgo team whenever they need it, for peace-of-mind and smooth business operations ensuring productivity and performance.

Up-to-date video conferencing and mobile communication solutions: easily connect with customers online, anytime and anywhere

Understanding that many companies and employees have adapted to working at home or working without a fixed workplace, Nexstgo provides online and video conference software and hardware; such as NEXSTGO laptop products with dedicated functionality for online meetings equipped with a high-quality Dolby voice system, and Artificial Intelligence camera lens Huddly-IQ designed for remote video conferencing, etc. This offering provides the most accurate facial recognition and the clearest sound and picture performance, helping customers complete meetings more productively. NEXSTMALL BIZ also offers combination packages of software/hardware available at discounted rates. For example, customers can redeem a Huddly-IQ lens at a discounted price when purchasing a designated VAIO laptop; get 3-year on-site warranty and Jabra headset for free when purchasing a NEXSTGO SU03 laptop, a conference-specific model with FHD IR webcam and Dolby ATMOS. The choice of different combinations of software and hardware help managers select the most effective process strategies according to their business needs.

Nexstgo recognizes that companies must be able to achieve instant interaction and clarity of communication with customers as a key to being competitive. Therefore, Nexstgo has collaborated with outstanding customer service cloud platforms to launch cooperative business solutions. For example, corporate clients who buy any NEXSTGO or VAIO laptop on NEXSTMALL BIZ can enjoy a free service trial of customer interaction at Maaiiconnect platform, including free conversations with end customers on its platform for up to 5000 minutes and real-time web conversations. The package helps companies of all sizes to deliver excellent customer service, and to keep pace with fast-changing business environments. By taking advantage of these solutions and transforming into an e-commerce business – with the realities of the ‘new normal’ replacing traditional face-to-face service – companies can greatly increase their revenues, productivity and cost management performance.

About Nexstgo Company Limited

Established in 2016, Nexstgo Company Limited was co-founded by Mr. Wilson Leung, Chairman & CEO, Alco Holdings Limited (SEHK: 0328), and Mr. Alex Chung, out of a shared passion and pursuit of quality tech-innovation. Nexstgo is committed to bringing new revolutionary experiences in technology through introducing a wide product range, which includes PC, Smart home, IoT, artificial intelligence and corporate solutions. Nexstgo is growing steadily in the Asia Pacific region. In August 2016, its Hong Kong headquarters and Taiwan Design Centre were set up. In just four years, the company has expanded its business to 22 areas, and is fully committed to the development of the Tech Market. In June 2018, Nexstgo was authorized by VAIO Corporation to participate in the production, sales, marketing and after-sales services of VAIO notebook products in Asia, covering markets such as Hong Kong, Taiwan, Macau, Malaysia and Singapore.

www.nexstgo.com

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