Consent

KRONOS WORLDWIDE ANNOUNCES EARLY RESULTS OF ITS EXCHANGE OFFER AND CONSENT SOLICITATION

Retrieved on: 
Tuesday, February 6, 2024

Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.

Key Points: 
  • Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.
  • The Old Notes surrendered in connection with the Exchange Offer will be retired and cancelled and will not be reissued.
  • No offer, solicitation, purchase or sale will be made in any jurisdiction in which such an offer, solicitation, purchase or sale would be unlawful.
  • The Exchange Offer and Consent Solicitation are being made solely pursuant to the Confidential Exchange Offering Memorandum and Consent Solicitation Statement and only to such persons and in such jurisdictions as is permitted under applicable law.

Coherus Amends Term Loan Agreement with Pharmakon Advisors, LP

Retrieved on: 
Monday, February 5, 2024

REDWOOD CITY, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced it has entered into an agreement with Pharmakon Advisors, LP to revise the terms of its loan agreement entered in January 2022. Following the closing of the previously announced divestiture of the ophthalmology franchise to Sandoz, Coherus plans to prepay $175 million of $250 million principal balance in Q2 2024, leaving a residual balance of $75 million and reducing projected annual interest payments by about 70%.

Key Points: 
  • REDWOOD CITY, Calif., Feb. 05, 2024 (GLOBE NEWSWIRE) -- Coherus BioSciences, Inc. (“Coherus,” NASDAQ: CHRS) today announced it has entered into an agreement with Pharmakon Advisors, LP to revise the terms of its loan agreement entered in January 2022.
  • “The divestiture of the ophthalmology franchise, when completed, is projected to provide us with the opportunity to improve our capital structure and reduce interest payment obligations by paying down a significant portion of the principal on term loan debt while renegotiating certain terms,” said Denny Lanfear, Chairman and Chief Executive Officer of Coherus.
  • “With three UDENYCA formats in the pegfilgrastim market, the launch of LOQTORZI into nasopharyngeal carcinoma, plus a promising immuno-oncology pipeline, they have positioned themselves for success as an oncology company.
  • Other terms of the Existing Loan Agreement, as amended by the Consent and Amendment, remain generally identical to those under the Existing Loan Agreement.

CURO Group Holdings Corp. Announces Consent Solicitation for 7.500% Senior 1.5 Lien Secured Notes Due 2028

Retrieved on: 
Monday, February 5, 2024

Holders who deliver their consents pursuant to the Consent Solicitation Statement will not be entitled to any consent payment.

Key Points: 
  • Holders who deliver their consents pursuant to the Consent Solicitation Statement will not be entitled to any consent payment.
  • For a complete statement of the terms and conditions of the Consent Solicitation and the Proposed Waiver and Amendment, Holders should refer to the Consent Solicitation Statement.
  • The Consent Solicitation is being made solely through the Consent Solicitation Statement referred to above and related materials.
  • The Consent Solicitation is not being made to Holders in any jurisdiction in which the Company is aware that the making of the Consent Solicitation would be unlawful.

Frigorífico Concepción S.A. Announces Consent Solicitation

Retrieved on: 
Friday, February 2, 2024

ASUNCIÓN, Paraguay, Feb. 2, 2024 /PRNewswire/ -- Frigorífico Concepción S.A. (the "Company") hereby announces the commencement of its solicitation of consents (the "Consent Solicitation") to holders of its 7.700% Senior Secured Notes due 2028 for amendments to certain provisions of the Indenture governing the 2028 Notes, dated as of July 21, 2021 (the "Indenture"), among the Company, as Issuer, Frigorífico BFC S.A. (the "Bolivian Guarantor"), as Guarantor, The Bank of New York Mellon, as Trustee, Registrar and Paying Agent (the "Trustee"), and GLAS Americas LLC, as collateral agent (the "Collateral Agent").

Key Points: 
  • As of the date of the Consent Solicitation Statement, US$300,000,000 in aggregate principal amount of the 2028 Notes remains outstanding.
  • The Concurrent New Notes Offering is being conducted concurrently with the Consent Solicitation and is conditional upon the consummation of the Consent Solicitation.
  • The Expiration Time for the Consent Solicitation is 5:00 p.m., New York City time, on February 9, 2024 (as such time may be extended by Frigorífico Concepción S.A. in its sole discretion, the "Expiration Time").
  • BofA Securities, Inc. and J.P. Morgan Securities LLC are the Solicitation Agents in connection with the Consent Solicitation.

Cassie unveils pioneering Cross-Domain Consent solution to transform digital experiences

Retrieved on: 
Tuesday, January 30, 2024

WARRINGTON, England, Jan. 30, 2024 /PRNewswire/ -- Today Cassie, the consent and preference management platform serving Fortune 500 companies globally, announced the launch of Cross-Domain Consent. This solution is the first that offers legitimate cross-domain consent sharing at root domain level across completely unique domains so only one banner needs to be shown per user to hit the market.

Key Points: 
  • This solution is the first that offers legitimate cross-domain consent sharing at root domain level across completely unique domains so only one banner needs to be shown per user to hit the market.
  • When a consent banner pops up on each new domain, users could be met with up to 3+ cookie banners in just one transaction.
  • "Cassie is committed to delivering compliant consent solutions for global businesses without compromise," said Nicky Watson, Chief Architect and Founder of Cassie.
  • "Cassie has the strongest enterprise-level cookie solution in the market able to handle millions of data sets and consent preferences in real time," said Glenn Jackson, CEO of Cassie.

Cassie unveils pioneering Cross-Domain Consent solution to transform digital experiences

Retrieved on: 
Tuesday, January 30, 2024

WARRINGTON, England, Jan. 30, 2024 /PRNewswire/ -- Today Cassie, the consent and preference management platform serving Fortune 500 companies globally, announced the launch of Cross-Domain Consent. This solution is the first that offers legitimate cross-domain consent sharing at root domain level across completely unique domains so only one banner needs to be shown per user to hit the market.

Key Points: 
  • This solution is the first that offers legitimate cross-domain consent sharing at root domain level across completely unique domains so only one banner needs to be shown per user to hit the market.
  • When a consent banner pops up on each new domain, users could be met with up to 3+ cookie banners in just one transaction.
  • "Cassie is committed to delivering compliant consent solutions for global businesses without compromise," said Nicky Watson, Chief Architect and Founder of Cassie.
  • "Cassie has the strongest enterprise-level cookie solution in the market able to handle millions of data sets and consent preferences in real time," said Glenn Jackson, CEO of Cassie.

KRONOS WORLDWIDE ANNOUNCES EXCHANGE OFFER AND CONSENT SOLICITATION

Retrieved on: 
Tuesday, January 23, 2024

(2)    Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.

Key Points: 
  • (2)    Per €1,000 principal amount of Old Notes validly offered for exchange (and not validly withdrawn) and accepted for exchange in the Exchange Offer, exclusive of any accrued and unpaid interest, which will be paid in cash.
  • In conjunction with the Exchange Offer, the Issuer is soliciting consents (the “Consent Solicitation”) from eligible holders participating in the Exchange Offer to effect certain proposed amendments (the “Proposed Amendments”) to the indenture governing the Old Notes (the “Existing Indenture”), which will conform the restrictive covenants in the Existing Indenture to the restrictive covenants of the New Notes.
  • Eligible holders who validly tender their Old Notes in the Exchange Offer (unless validly withdrawn) will be deemed to have submitted consents pursuant to the Consent Solicitation.
  • The Exchange Offer and Consent Solicitation will expire at 5:00 p.m., Central European Time, on February 21, 2024 (unless extended).

U. S. Steel Reaches Agreement for Clairton Plant Incidents; Includes Significant Funding to Support Local Communities

Retrieved on: 
Friday, January 26, 2024

We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities.

Key Points: 
  • We regret that these accidental incidents occurred and believe this Consent Decree greatly benefits Mon Valley communities.
  • Project funds will be managed and distributed by the Jefferson Regional Foundation and Allegheny County Department of Economic Development.
  • Permanently idle Battery #15 at Mon Valley Works - Clairton Plant, which has been on hot idle.
  • U. S. Steel also agreed to a lower hydrogen sulfide limit in coke oven gas and other environmentally beneficial changes to facilities at the Clairton Plant.

EchoStar Corporation Announces Exchange Offers and Consent Solicitations by DISH DBS Issuer LLC for Certain Existing Senior Notes Issued by DISH DBS Corporation

Retrieved on: 
Tuesday, January 16, 2024

Holders may not consent to the Proposed Amendments without tendering the applicable Existing DBS Notes in the relevant Exchange Offer, and holders may not tender Existing DBS Notes of any series for exchange without consenting to the Proposed Amendments for such series.

Key Points: 
  • Holders may not consent to the Proposed Amendments without tendering the applicable Existing DBS Notes in the relevant Exchange Offer, and holders may not tender Existing DBS Notes of any series for exchange without consenting to the Proposed Amendments for such series.
  • The occurrence of such event with respect to a series of Existing DBS Notes is referred to as the "Withdrawal Deadline" for such series of Existing DBS Notes.
  • If an Exchange Offer or the related Consent Solicitation with respect to a series of Existing DBS Notes is terminated or withdrawn, the Existing Indenture governing such series of Existing DBS Notes will remain in effect in its present form with respect to such series of Existing DBS Notes.
  • However, if the Proposed Amendments for a series of Existing DBS Notes become operative, holders of such series of Existing DBS Notes who do not tender Existing DBS Notes will be bound by the applicable Proposed Amendments, meaning that their Existing DBS Notes will be governed by an Existing Indenture as amended by the applicable Supplemental Indenture.

OSC announces Seniors Expert Advisory Committee members for 2024

Retrieved on: 
Wednesday, January 10, 2024

TORONTO, Jan. 10, 2024 /CNW/ - The Ontario Securities Commission (OSC) today announced the membership of its Seniors Expert Advisory Committee (SEAC) for the 2024 term.

Key Points: 
  • TORONTO, Jan. 10, 2024 /CNW/ - The Ontario Securities Commission (OSC) today announced the membership of its Seniors Expert Advisory Committee (SEAC) for the 2024 term.
  • First launched in 2016, SEAC has provided valuable insights on and contributions to OSC initiatives supporting seniors, including the development and implementation of the OSC Seniors Strategy.
  • Members provide diverse perspectives on issues and challenges facing older investors, drawing on their expertise in sectors including financial services, law, law enforcement, academia, medicine and seniors' advocacy.
  • The OSC would like to thank former SEAC members Alexis Wenzowski, Harold Geller, James (Jim) Turner, Kavina Nagrani and Keith Sjorgen for their service and contributions.