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PHEAA's Director of Regional Services Recognized; Honored with ...
HARRISBURG, Pa., July 10 /PRNewswire/ -- PHEAA announced today that Verona Blaine, Director of Regional Services, has been named the recipient of the Human Relations Award by the Pennsylvania Association for College Admission Counseling (PACAC).
The Human Relations Award was established by PACAC in 1998 to honor a high school or college counselor or an organization member who makes an outstanding voluntary contribution for the betterment of the community and students, particularly those who advance the dignity of minorities or the disadvantaged.
"Verona works tirelessly, both in the office and out, to provide students the opportunity of higher education," said Dick Willey, AES President and C.E.O. "You can see her dedication to their success on a daily basis. We're honored to have her on board at PHEAA."
"Because I was a teacher by profession before I came to PHEAA, my job in Regional Services affords me the opportunity to work with students and parents in Central PA," explained Blaine.
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Arsenal Beats Manchester United in Asset-Backed Debt (Update2)
July 7 (Bloomberg) -- Arsenal Holdings Plc, beaten in European soccer's Champions League final this year, is preparing for a bond market victory.
The owner of the Arsenal soccer club in Highbury, London, plans to raise 260 million pounds ($478 million) this month in the first public sale of asset-backed debt by a European team. By insuring the 25-year securities and pledging ticket revenue to investors, the company obtained a AAA credit rating.
Arsenal will use the money to repay a loan that financed its new stadium and save about 1.2 million pounds in annual interest. The securities yield less than bonds sold by rival teams Chelsea and Manchester United and show how the asset- backed market is picking up in Europe.
``This deal will dramatically lower debt service charges,'' said Stephen Schechter, founder of Schechter & Co., a London- based investment bank that has helped seven U.K.
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