New York (April 17th, 2013) - Green Innovations Ltd. (OTCQB: GNIN) announced that Mr. Philip C. Rundle has accepted an appointment as its new Chief Executive Officer. Mr. Rundle is considered a visionary business leader with over 20 years of extensive domestic and international experience in the tissue, diaper, wipes, and feminine care products business.
"I am very excited to join the executive team as the new Company CEO. My direct industry experience at Kimberly-Clark and, more recently, at Oasis Brands, Inc., makes this new position familiar to me and at the same time brings with it the new challenges of integrating incredibly innovative bamboo products into the North American and global markets," stated Philip Rundle, the new Chief Executive Officer of Green Innovations.
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Freddie Mac (OTCQB: FMCC) announced a new offering of Structured Pass-Through Certificates ("K Certificates"), which are multifamily mortgage-backed securities. The company expects to offer approximately $1.2 billion in K Certificates ("K-026 Certificates"), which are expected to price on or about April 18, 2013, and settle on or about May 7, 2013. This is Freddie Mac's sixth K Certificate offering this year.
The K-026 Certificates are backed by 81 recently-originated multifamily mortgages and are guaranteed by Freddie Mac. The K-026 Certificates will be offered to the market by a syndicate of dealers led by Wells Fargo Securities, LLC and Barclays Capital Inc. as co-lead managers and joint bookrunners.
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