Statement

Owens Corning Announces Early Settlement Date for Exchange Offer and Consent Solicitation

Retrieved on: 
måndag, maj 20, 2024

Owens Corning (NYSE: OC) today announced that, in connection with the previously announced exchange offer (the “Exchange Offer”) by Owens Corning and consent solicitation (the “Consent Solicitation”) by Masonite International Corporation (“Masonite”), it has elected to have an Early Settlement Date of May 22, 2024 (the “Early Settlement Date”).

Key Points: 
  • Owens Corning (NYSE: OC) today announced that, in connection with the previously announced exchange offer (the “Exchange Offer”) by Owens Corning and consent solicitation (the “Consent Solicitation”) by Masonite International Corporation (“Masonite”), it has elected to have an Early Settlement Date of May 22, 2024 (the “Early Settlement Date”).
  • Owens Corning and Masonite are making the Exchange Offer and Consent Solicitation pursuant to the terms of and subject to the conditions set forth in the offering memorandum and consent solicitation statement dated May 1, 2024 (as amended, the “Statement”).
  • Notwithstanding the Early Settlement Date, Eligible Holders (as defined below) who did not tender at or prior to the Early Participation Deadline may still tender Existing Masonite Notes in the Exchange Offer until 5:00 p.m., New York City time, on May 30, 2024, unless such date is extended or the Exchange Offer and Consent Solicitation are earlier terminated (such date and time, as the same may be extended, the “Expiration Time”).
  • Owens Corning has engaged Morgan Stanley & Co. LLC as Lead Dealer Manager and Solicitation Agent and Wells Fargo Securities, LLC as Co-Dealer Manager and Solicitation Agent for the Exchange Offer.

Owens Corning and Masonite Announce Successful Results of Early Participation in and Amend the Terms of Exchange Offer and Consent Solicitation

Retrieved on: 
onsdag, maj 15, 2024

The New Owens Corning Notes will accrue interest from (and including) February 15, 2024, the most recent interest payment date on which interest has been paid by Masonite on the Existing Masonite Notes accepted in the Exchange Offer and Consent Solicitation.

Key Points: 
  • The New Owens Corning Notes will accrue interest from (and including) February 15, 2024, the most recent interest payment date on which interest has been paid by Masonite on the Existing Masonite Notes accepted in the Exchange Offer and Consent Solicitation.
  • No accrued and unpaid interest will be paid by Masonite with respect to Existing Masonite Notes tendered and accepted for exchange.
  • Owens Corning has engaged Morgan Stanley & Co. LLC as Lead Dealer Manager and Solicitation Agent and Wells Fargo Securities, LLC as Co-Dealer Manager and Solicitation Agent for the Exchange Offer.
  • The New Owens Corning Notes have not been registered under the Securities Act or any state securities laws.

First Horizon Signs Statement of Support for the Guard and the Reserve

Retrieved on: 
torsdag, maj 9, 2024

MEMPHIS, Tenn., May 9, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today First Horizon President and CEO Bryan Jordan has signed the Statement of Support for the Guard and the Reserve.

Key Points: 
  • MEMPHIS, Tenn., May 9, 2024 /PRNewswire/ -- First Horizon Corporation (NYSE: FHN or "First Horizon") announced today First Horizon President and CEO Bryan Jordan has signed the Statement of Support for the Guard and the Reserve.
  • The Statement is facilitated by Employer Support of the Guard and Reserve (ESGR) and has been signed by a wide range of companies and organizations across the United States.
  • The Statement of Support Program is the cornerstone of ESGR's effort to gain and maintain employer support for the Guard and Reserve.
  • "First Horizon is honored to sign this statement of support and understands that supportive employers are critical to maintaining the strength and readiness of the Nation's Guard and Reserve units," said First Horizon Chairman, President and CEO Bryan Jordan.

APhA's cybersecurity recommendations to secure the pharmacy ecosystem and patient safety

Retrieved on: 
onsdag, maj 1, 2024

WASHINGTON, May 1, 2024 /PRNewswire/ -- The American Pharmacists Association (APhA) released cybersecurity recommendations today for urgent policy changes to better secure the pharmacy ecosystem and patient safety.

Key Points: 
  • WASHINGTON, May 1, 2024 /PRNewswire/ -- The American Pharmacists Association (APhA) released cybersecurity recommendations today for urgent policy changes to better secure the pharmacy ecosystem and patient safety.
  • The recommendations were submitted as Statements for the Record to the Senate Finance Committee and the House Energy and Commerce Oversight and Investigations Subcommittee for the congressional hearings taking place today on the Change Healthcare cyberattack.
  • APhA strongly believes that continuity of patient care is paramount and cannot be jeopardized or compromised again.
  • The full recommendations can be found here: https://www.pharmacist.com/Advocacy/Issues/Cybersecurity
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Owens Corning Commences Exchange Offer and Masonite Commences Consent Solicitation

Retrieved on: 
onsdag, maj 1, 2024

Owens Corning and Masonite are making the Exchange Offer and Consent Solicitation pursuant to the terms of and subject to the conditions set forth in the offering memorandum and consent solicitation statement dated May 1, 2024 (the “Statement”).

Key Points: 
  • Owens Corning and Masonite are making the Exchange Offer and Consent Solicitation pursuant to the terms of and subject to the conditions set forth in the offering memorandum and consent solicitation statement dated May 1, 2024 (the “Statement”).
  • Eligible Holders may not deliver consents to the Proposed Amendments in the Consent Solicitation without tendering Existing Masonite Notes in the Exchange Offer, and may not tender Existing Masonite Notes in the Exchange Offer without delivering consents in the Consent Solicitation.
  • To the extent any Existing Masonite Notes are not tendered and accepted in the Exchange Offer and Consent Solicitation, Owens Corning or Masonite may purchase any outstanding Existing Masonite Notes in the open market, in privately negotiated transactions, through one or more additional tender or exchange offers, by redemption or otherwise.
  • The New Owens Corning Notes will not be guaranteed by any of Owens Corning’s subsidiaries, including Masonite and its subsidiaries that guarantee the Existing Masonite Notes.

FHLBank Chicago Announces Q1 2024 Financial Highlights

Retrieved on: 
måndag, april 22, 2024

The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced its preliminary and unaudited financial results for the first quarter of 2024.

Key Points: 
  • The Federal Home Loan Bank of Chicago (FHLBank Chicago) today announced its preliminary and unaudited financial results for the first quarter of 2024.
  • As of the first quarter, FHLBank Chicago has committed over $110 million to affordable housing and community development initiatives for 2024.
  • “Coming off of the market events during the past year, FHLBank Chicago reached new heights in supporting our member financial institutions and the communities they serve,” said Michael Ericson, president and chief executive officer of FHLBank Chicago.
  • FHLBank Chicago has committed more than $25 million to these programs in 2024 to target affordable housing development, access to financial education and funding for small businesses.

CHAIN BRIDGE BANCORP, INC. POSTS 2023 ANNUAL REPORT

Retrieved on: 
torsdag, april 4, 2024

MCLEAN, Va., April 4, 2024 /PRNewswire/ -- Chain Bridge Bancorp, Inc., the parent company of Chain Bridge Bank, N.A., is pleased to announce the release of its 2023 Annual Report .

Key Points: 
  • MCLEAN, Va., April 4, 2024 /PRNewswire/ -- Chain Bridge Bancorp, Inc., the parent company of Chain Bridge Bank, N.A., is pleased to announce the release of its 2023 Annual Report .
  • You can access the report on the Investor Relations page, the Financial Reports and Statements page, and the homepage banner at www.chainbridgebank.com , as well as on X (formerly Twitter) and LinkedIn.

Oracle Releases Java 22

Retrieved on: 
tisdag, mars 19, 2024

AUSTIN, Texas, March 19, 2024 /PRNewswire/ -- Oracle today announced the availability of Java 22, the latest version of the world's number one programming language and development platform. Java 22 (Oracle JDK 22) delivers thousands of performance, stability, and security improvements to help developers increase productivity, drive innovation, and accelerate growth across their organizations. These include enhancements to the Java language, its APIs and performance, and the tools included in the Java Development Kit (JDK).

Key Points: 
  • Java 22 (Oracle JDK 22) delivers thousands of performance, stability, and security improvements to help developers increase productivity, drive innovation, and accelerate growth across their organizations.
  • The Java 22 release is the result of continuous collaboration between Oracle and other members of the worldwide Java developer community via OpenJDK and the Java Community Process (JCP).
  • For more details on the features in Java 22, please read the Java 22 technical blog post .
  • By delivering Oracle Java SE, Oracle GraalVM, and the Java SE Subscription Enterprise Performance Pack free of charge on OCI, Java 22 enables developers to build and deploy applications that run faster, better, and with optimized cost-performance.

Strategic Audit Solutions, Inc. Awards Employee of the Year 2023

Retrieved on: 
onsdag, januari 24, 2024

FREEHOLD, N.J., Jan. 24, 2024 /PRNewswire-PRWeb/ -- Larry Crawley, who recently assumed the role of Chief Technology Officer, has been an invaluable asset to SAS throughout his remarkable 10-year career with the company. His dedication and outstanding contributions have played a pivotal role in the success of SAS in the fields of Client Data Services, IT & Security, SAS' proprietary software & applications, and the suite of AP Audit Tools.

Key Points: 
  • Strategic Audit Solutions, Inc. (SAS) is proud to announce that Larry Crawley has been chosen as Employee of the Year 2023.
  • "Larry has played a leading role in helping SAS to grow and become a leader in the Recovery Audit industry.
  • He will continue his outstanding work as the head of our IT operations as we provide exceptional value to our clients.
  • SAS proudly acknowledges Larry Crawley as the Employee of the Year for 2023, celebrating his outstanding achievements and recognizing his instrumental role in SAS' continued success.

Oceanic Wind Announces Return of Project Development Rights

Retrieved on: 
måndag, november 13, 2023

VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Oceanic Wind Energy Inc. (TSXV-NEX:NKW.H) (“Oceanic” or “Company”) today announces that under the terms of the agreements with Northland Power, which closed on September 1, 2020, Oceanic has successfully negotiated the return of the development rights of the Hecate Strait project.

Key Points: 
  • VANCOUVER, British Columbia, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Oceanic Wind Energy Inc. (TSXV-NEX:NKW.H) (“Oceanic” or “Company”) today announces that under the terms of the agreements with Northland Power, which closed on September 1, 2020, Oceanic has successfully negotiated the return of the development rights of the Hecate Strait project.
  • Oceanic today signed agreements with two of Northland Power Inc. wholly owned subsidiaries that place Oceanic in the lead role in project development.
  • This will only happen through an acceleration of renewable energy and primarily by speeding up the development and construction of wind farms.
  • Oceanic plans to immediately begin discussions with a large international company who is renowned for its development, construction, and operation of large offshore wind projects around the world.