BMO Capital Markets

G Mining Ventures and Reunion Gold Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Retrieved on: 
Monday, April 22, 2024

The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.

Key Points: 
  • The Transaction sets the stage for the creation of an Americas focused leading intermediate gold producer.
  • Continues GMIN's strategy of building an Americas focused intermediate gold producer through its Buy, Build, Operate Strategy.
  • The acquisition of Oko West is the second step towards our vision of becoming a leading intermediate gold producer, building on the team's success at Tocantinzinho.
  • Strengthens portfolio and positions GMIN to execute on its strategy of building the next intermediate gold producer leading to further re-rate potential and index inclusion.

The Thoracic Surgery Research Foundation of Montreal marks its 20th anniversary with a major donation of $2 million from BMO

Retrieved on: 
Sunday, April 21, 2024

MONTREAL, April 21, 2024 /CNW/ - Last evening, the Thoracic Surgery Research Foundation of Montreal celebrated its 20th anniversary with its iconic Black and White Gala, a prestigious event attended by over 500 guests at the Sheraton Laval.

Key Points: 
  • MONTREAL, April 21, 2024 /CNW/ - Last evening, the Thoracic Surgery Research Foundation of Montreal celebrated its 20th anniversary with its iconic Black and White Gala, a prestigious event attended by over 500 guests at the Sheraton Laval.
  • During the evening, Mr. Grégoire Baillargeon, President, BMO, Quebec and Vice-Chair, BMO Capital Markets, announced a major donation of $2 million that will set the stage for the creation of the "BMO - L. Jacques Ménard Research Chair in Thoracic Surgery, Transplantation, and Regenerative Medicine."
  • This major donation underlines BMO's commitment to support cutting-edge medical research.
  • The creation of this research chair at the University of Montreal represents a giant step forward in the fight against lung and thoracic diseases.

Fannie Mae Prices $628 Million Connecticut Avenue Securities (CAS) REMIC Deal

Retrieved on: 
Thursday, April 11, 2024

BofA Securities, Inc. ("BofA") is the co-lead manager and joint bookrunner.

Key Points: 
  • BofA Securities, Inc. ("BofA") is the co-lead manager and joint bookrunner.
  • Co-managers are BMO Capital Markets Corp. ("BMO Capital Markets"), Cantor Fitzgerald & Co. ("Cantor"), StoneX Financial Inc. ("StoneX"), and Wells Fargo Securities, LLC ("Wells Fargo").
  • To promote transparency and to help credit investors evaluate our securities and the CAS program, Fannie Mae provides ongoing, robust disclosure data, as well as access to news, resources, and analytics through its credit risk transfer webpages .
  • In addition to our flagship CAS program, Fannie Mae continues to transfer mortgage credit risk through its Credit Insurance Risk Transfer™ (CIRT™) reinsurance program.

Canadian Association of Petroleum Producers Opens the Market

Retrieved on: 
Wednesday, April 10, 2024

TORONTO, April 10, 2024 /PRNewswire/ - Lisa Baiton, President and Chief Executive Officer, Canadian Association of Petroleum Producers (CAPP), and CAPP Members along with Brad Wells, Head of Energy, BMO Capital Markets, and his team joined David Chelich, Sector Head, Business Development, Toronto Stock Exchange (TSX), and Robert Peterman, Chief Commercial Officer, TSX, to open the market and celebrate the annual BMO Capital Markets CAPP Energy Symposium.

Key Points: 
  • TORONTO, April 10, 2024 /PRNewswire/ - Lisa Baiton, President and Chief Executive Officer, Canadian Association of Petroleum Producers (CAPP), and CAPP Members along with Brad Wells, Head of Energy, BMO Capital Markets, and his team joined David Chelich, Sector Head, Business Development, Toronto Stock Exchange (TSX), and Robert Peterman, Chief Commercial Officer, TSX, to open the market and celebrate the annual BMO Capital Markets CAPP Energy Symposium.
  • The annual conference provides a key forum for the energy industry to connect with the investment community.
  • The conference facilitates investment and discussion on corporate strategies and industry performance and trends.
  • Conference delegates include buy-side institutional portfolio and fund managers and leaders from Canada's largest upstream oil and gas producers, energy royalty companies, energy services providers and energy infrastructure companies.

SiriusPoint Announces Pricing of Tender Offer for 4.600% Senior Notes due 2026

Retrieved on: 
Thursday, April 4, 2024

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.

Key Points: 
  • Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.
  • Those who validly tender 2026 Notes and deliver consents after the Early Expiration Time will receive the Total Consideration, less $50, for each $1,000 principal amount of accepted 2026 Notes.
  • The Tender Offer expires at 5:00 p.m., New York City time, on April 19, 2024, unless extended or earlier terminated by SiriusPoint (the “Tender Offer Expiration”).
  • SiriusPoint has further reserved the right, in its sole discretion, not to accept any tenders of 2026 Notes or deliveries of consents with respect to the 2026 Notes.

Abaxx Announces Closing of C$18,687,500 Bought Deal Financing Including Full Exercise of Over-Allotment Option

Retrieved on: 
Thursday, March 28, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Abaxx Technologies Inc. (CBOE CA:ABXX) (“Abaxx” or the “Company”), a financial software and market infrastructure company, majority shareholder of Abaxx Singapore Pte Ltd., the owner of Abaxx Commodity Exchange and Clearinghouse (individually, “Abaxx Exchange” and “Abaxx Clearing”), and producer of the SmarterMarkets™ Podcast, is pleased to announce that it has closed its previously announced bought deal financing (the “Offering”).
  • The Company issued a total of 1,437,500 common shares (the “Common Shares”) on a bought deal basis at an offering price of C$13.00 per Common Share (the “Offering Price”), which includes 187,500 Common Shares issued pursuant to the exercise of an over-allotment option, in full, for gross proceeds of C$18,687,500.
  • The Offering was co-led by Canaccord Genuity Corp. and BMO Capital Markets, together with Cantor Fitzgerald Canada Corporation (collectively the “Underwriters”).
  • This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities in the United States.

Vast Renewables Limited Announces Operational and Financial Results for First Half of Fiscal 2024

Retrieved on: 
Thursday, March 28, 2024

SYDNEY, Australia, March 28, 2024 (GLOBE NEWSWIRE) -- Vast Renewables Limited (“Vast” or the “Company”) (Nasdaq: VSTE), a renewable energy company specializing in concentrated solar thermal power (“CSP”) energy systems that generate zero-carbon, utility-scale electricity and industrial process heat today announced operational and financial results for the first half of the Company’s fiscal 2024, comprising the six months ended December 31, 2023.

Key Points: 
  • During the first half of fiscal year 2024, Vast announced several funding commitments from strategic partners.
  • “The support Vast has received from our strategic partners has been very meaningful to the progress of our company, both from a financial as well as operational standpoint,” said Craig Wood, CEO of Vast.
  • During the first half of fiscal year 2024, Vast continued to make progress on its first utility-scale project for power generation, known as VS1, located in Port Augusta in South Australia.
  • As of December 31, 2023, Vast had total diluted common shares outstanding of 29,291,884.

OHA is the Left Lead Arranger of STV’s Private Unitranche Financing

Retrieved on: 
Thursday, March 21, 2024

New York, New York, March 21, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”).

Key Points: 
  • New York, New York, March 21, 2024 (GLOBE NEWSWIRE) -- Oak Hill Advisors (“OHA”) served as the Left Lead Arranger for the private financing of STV Group, Inc. (“STV”), which is partnered with The Pritzker Organization (“TPO”).
  • STV is a leading provider of engineering and consulting services focused on infrastructure and transportation projects across North America.
  • OHA is one the largest holders of the total facility, which is over $500 million in size.
  • OHA’s strong relationship with TPO positioned it to source and engage early with the borrower to structure an optimal financing solution, having recently served as Lead Arranger for the private unitranche refinancing of Mammoth Holdings, also partnered with TPO.

SiriusPoint Announces Notes Offering, Tender Offer for 4.600% Senior Notes due 2026 and Redemption of 7.00% Senior Notes due 2025

Retrieved on: 
Thursday, March 21, 2024

Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.

Key Points: 
  • Those who validly tender 2026 Notes and deliver consents before the Early Expiration Time will receive the Total Consideration for each $1,000 principal amount of accepted 2026 Notes.
  • Those who validly tender 2026 Notes and deliver consents after the Early Expiration Time will receive the Total Consideration, less $50, for each $1,000 principal amount of accepted 2026 Notes.
  • The Tender Offer will expire at 5:00 p.m., New York City time, on April 19, 2024, unless extended or earlier terminated by SiriusPoint (the “Tender Offer Expiration”).
  • No recommendation is made as to whether holders should tender their 2026 Notes or deliver their consents with respect to the 2026 Notes.

Athene Prices $1,000,000,000 Investment Grade Senior Notes Offering

Retrieved on: 
Tuesday, March 19, 2024

WEST DES MOINES, Iowa, March 19, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced it has agreed to sell $1,000,000,000 aggregate principal amount of 6.25% senior notes due 2054.

Key Points: 
  • WEST DES MOINES, Iowa, March 19, 2024 (GLOBE NEWSWIRE) -- Athene Holding Ltd. (“Athene”) today announced it has agreed to sell $1,000,000,000 aggregate principal amount of 6.25% senior notes due 2054.
  • The offering is expected to close on March 22, 2024, subject to satisfaction of customary closing conditions.
  • Athene intends to use the net proceeds from the offering for general corporate purposes, including capital contributions to its insurance subsidiaries to support organic growth.
  • Deutsche Bank Securities, Goldman Sachs & Co. LLC, Morgan Stanley and RBC Capital Markets are acting as joint book-running managers for the offering.