RBC Capital Markets

Utz Brands Announces Continued Acceleration of Supply Chain Transformation Strategy and Completes Term Loan Repricing

Retrieved on: 
Thursday, April 18, 2024
Food, Beverage, Supply Chain Management, Retail, Supermarket, Convenience Store, Snack, Winston & Strawn, Sale, Utz Brands, Cheating, Our Home, RBC Capital Markets, Employment, UTZ, Acquisition, Term loan, Term, Bank

This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.

Key Points: 
  • This follows a separate transaction in February 2024, in which Our Home purchased three manufacturing facilities and two brands from Utz.
  • Following the closing of the transactions, Utz and Our Home will operate under a Transition Services Agreement for up to 12 months.
  • Utz announced today that it has successfully completed a repricing of its $630 million Term Loan (“Term Loan”) due in January 2028.
  • There are no changes to the maturity of the Term Loan following this repricing and all other terms are substantially unchanged.

APi Group Announces Pricing of Public Offering of Common Stock

Retrieved on: 
Wednesday, April 17, 2024
Engineering, Security, HVAC, Technology, Manufacturing, Construction & Property, Building Systems, UBS, Sale, Prospectus, API, TEL, RBC Capital Markets, Security (finance), Jefferies, Barclays, Form S-3, Public expenditure, Form, BofA Securities, Citigroup, Attention

APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock at a public offering price of $37.50 per share.

Key Points: 
  • APi Group Corporation (NYSE: APG) (“APi” or the “Company”) announced the pricing of an underwritten public offering of 11,000,000 shares of common stock at a public offering price of $37.50 per share.
  • The gross proceeds to APi from the offering are expected to be approximately $412,500,000 million before deducting underwriting discounts and commissions and offering expenses payable by APi.
  • APi has granted to the underwriters a 30-day option to purchase an additional 1,650,000 shares of its common stock.
  • All of the shares of common stock to be sold in the offering are to be sold by APi.

PACS Group, Inc. Announces Closing of Its Initial Public Offering and Full Exercise of the Underwriters’ Option to Purchase Additional Shares from the Selling Stockholders

Retrieved on: 
Tuesday, April 16, 2024
Nursing, Health, Hospitals, Residential Building & Real Estate, Other Health, Commercial Building & Real Estate, Construction & Property, Goldman Sachs, Sale, Prospectus, Investment, Kitchen Party (girl group), Capital market, Greenwich Street, RBC Capital Markets, RBC, Madison Avenue, Floor, Oppenheimer Holdings, Entrepreneurship, J. P. Morgan, Family, PACS, Equity capital markets, Multimedia, Citigroup, Attention, KeyBank, Security (finance)

In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.

Key Points: 
  • In addition, the underwriters have exercised their 30-day option to purchase an additional 3,214,284 shares of the Company’s common stock at the initial public offering price from the selling stockholders, less underwriting discounts and commissions.
  • PACS did not receive any proceeds from any sale of shares by the selling stockholders.
  • The Company’s common stock is listed on the New York Stock Exchange under the ticker symbol “PACS.”
    This press release features multimedia.
  • (Photo: NYSE Group, Inc.)
    Citigroup, J.P. Morgan and Truist Securities acted as lead book-running managers for the offering.

Obsidian Therapeutics Appoints Jeffrey Trigilio as Chief Financial Officer

Retrieved on: 
Monday, April 15, 2024
Biotechnology, Health, Genetics, Pharmaceutical, Oncology, Credit Suisse, Corporate finance, RBC Capital Markets, Amylyx Pharmaceuticals, Alexion Pharmaceuticals, Cornell University, TIL, Record, Columbia Business School, Therapy, Growth

Obsidian Therapeutics, Inc., a clinical-stage biotechnology company pioneering engineered cell and gene therapies, today announced the appointment of Jeffrey Trigilio as Chief Financial Officer, effective May 1, 2024.

Key Points: 
  • Obsidian Therapeutics, Inc., a clinical-stage biotechnology company pioneering engineered cell and gene therapies, today announced the appointment of Jeffrey Trigilio as Chief Financial Officer, effective May 1, 2024.
  • “We are thrilled to welcome Jeff to the Obsidian leadership team as the company’s Chief Financial Officer,” said Madan Jagasia, M.D., Chief Executive Officer of Obsidian.
  • Most recently, he served as Chief Financial Officer of Cullinan Oncology, where he guided its initial public offering and helped secure several business development transactions for its portfolio.
  • Before Cullinan, Mr. Trigilio served as Chief Financial Officer for Amylyx Pharmaceuticals, Vice President of Corporate Finance at BlueRock Therapeutics, and in various corporate strategy and finance roles at Alexion Pharmaceuticals.

MFA Financial, Inc. Announces Pricing of Public Offering of Senior Notes

Retrieved on: 
Monday, April 15, 2024
Professional Services, Finance, Debt-to-GDP ratio, UBS, Prospectus, RBC Capital Markets, Security (finance), Egan-Jones Ratings Company, MBS, MFA, Wells Fargo, Note

MFA Financial, Inc. (NYSE:MFA) (the “Company”) announced today the pricing of an underwritten public offering of $75 million aggregate principal amount of its 9.000% senior notes due 2029 (the “Notes”).

Key Points: 
  • MFA Financial, Inc. (NYSE:MFA) (the “Company”) announced today the pricing of an underwritten public offering of $75 million aggregate principal amount of its 9.000% senior notes due 2029 (the “Notes”).
  • The offering is expected to close on April 17, 2024, subject to the satisfaction of customary closing conditions.
  • The Notes have received an investment grade rating of BBB- from Egan-Jones Ratings Company, an independent, unaffiliated rating agency.
  • The offering of these Notes will be made only by means of a prospectus and a related prospectus supplement, a copy of which may be obtained by contacting:

PACS Group, Inc. Announces Pricing of Its Upsized Initial Public Offering

Retrieved on: 
Thursday, April 11, 2024
Commercial Building & Real Estate, Construction & Property, Hospitals, Practice Management, Other Health, Managed Care, Health, General Health, Residential Building & Real Estate, Goldman Sachs, Sale, Prospectus, Kitchen Party (girl group), Capital market, Greenwich Street, RBC Capital Markets, RBC, Truist, Madison Avenue, Oppenheimer Holdings, J. P. Morgan, PACS, Equity capital markets, Citigroup, Attention, KeyBank, Security (finance)

PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses.

Key Points: 
  • PACS Group, Inc. (“PACS” or the “Company”) today announced the pricing of its upsized initial public offering of 21,428,572 shares of its common stock being sold by the Company at a public offering price of $21.00 per share, for total gross proceeds of approximately $450 million, before deducting underwriting discounts and commissions and offering expenses.
  • In addition, certain selling stockholders have granted the underwriters a 30-day option to purchase up to an additional 3,214,284 shares of the Company’s common stock at the initial public offering price, less underwriting discounts and commissions.
  • PACS will not receive any proceeds from any sale of shares by the selling stockholders.
  • Citigroup, J.P. Morgan and Truist Securities are acting as lead book-running managers for the offering.

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
Leg, GMS, LLP, Investment, Par value, Endeavour Mining, Webcast, Transaction, Canada Business Corporations Act, Mining, Dundee Corporation, AISC, RBC Capital Markets, TSX, QC, Gold, Franco-Nevada, TSX Venture Exchange, VWAP, Agreement, Gignac, Eldorado Gold, Multilateral, RGD, Minority, Committee, BMO Capital Markets, Good, Toronto Stock Exchange, Newmont, Acquisition, Subscription business model, Guiana Shield, Index, Growth, Security (finance)

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.

Clearwater Analytics to Participate in Upcoming Investor Conferences in Second Quarter 2024

Retrieved on: 
Wednesday, April 17, 2024
RBC Capital Markets, Clearwater Analytics, Morgan Stanley, Conference, Software as a service, Accounting, Payment

BOISE, Idaho, April 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the second quarter of 2024.

Key Points: 
  • BOISE, Idaho, April 17, 2024 /PRNewswire/ -- Clearwater Analytics Holdings, Inc. (NYSE: CWAN), ("Clearwater Analytics" or the "Company"), a leading provider of SaaS-based investment management, accounting, reporting, and analytics solutions, today announced that members of its executive leadership team will be participating in the following investor conferences in the second quarter of 2024.
  • Clearwater Analytics Chief Executive Officer Sandeep Sahai will join a fireside chat and participate in one-on-one meetings at the J.P. Morgan 52nd Annual Global Technology, Media and Communications Conference in Boston on Tuesday, May 21, 2024.
  • Clearwater Analytics Chief Financial Officer Jim Cox will join a fireside chat and participate in one-on-one meetings at the Baird 2024 Global Consumer, Technology & Services Conference in New York City on Wednesday, June 5, 2024.
  • Mr. Sahai will join a fireside chat and participate in one-on-one meetings at the William Blair 44th Annual Growth Stock Conference in Chicago on Thursday, June 6, 2024.

RBC Capital Markets launches RBC Clear™, a Cash Management solution that will focus on Fortune 1000 corporations in the United States

Retrieved on: 
Tuesday, April 16, 2024
Safety, Capital market, RBC Capital Markets, RBC, Cash management, Cryptocurrency

In collaboration with RBC Capital Markets' clients, RBC Clear™ reimagined Cash Management to create a seamless experience that puts clients in control of their working capital

Key Points: 
  • In collaboration with RBC Capital Markets' clients, RBC Clear™ reimagined Cash Management to create a seamless experience that puts clients in control of their working capital
    NEW YORK, April 16, 2024 /PRNewswire/ - RBC Capital Markets today announced the launch of RBC Clear™, an innovative Cash Management solution that will deliver a seamless cash management experience for Fortune 1000 corporations in the U.S.
  • Proactive and customizable self-service – Provides optionality on how clients want to be updated on transactions through a digital-first solution.
  • Through client collaboration and innovative technology, we have created what we believe will be the future of Cash Management."
  • "We leveraged our substantial multi-year investment in next-generation delivery platforms to build this business," says Bruce Ross, group head, Technology & Operations, RBC.

Aspen Aerogels to Present at RBC Capital Markets' Battery Value Chain Conference

Retrieved on: 
Tuesday, April 9, 2024
CFO, Strategic management, Investment banking, RBC Capital Markets, Conference, Panel, ASPN, BST, Cryptocurrency

NORTHBOROUGH, Mass., April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at RBC Capital Markets' Battery Value Chain Conference on Tuesday, April 23, 2024, to be held at the Nobu Hotel London Portman Square, London, England.

Key Points: 
  • NORTHBOROUGH, Mass., April 9, 2024 /PRNewswire/ -- Aspen Aerogels, Inc. (NYSE: ASPN) ("Aspen" or the "Company"), a technology leader in sustainability and electrification solutions, today announced that the Company is scheduled to present at RBC Capital Markets' Battery Value Chain Conference on Tuesday, April 23, 2024, to be held at the Nobu Hotel London Portman Square, London, England.
  • The presentation materials utilized during the conference will be available on the Investor Relations section of Aspen's website at www.aerogel.com .
  • In addition, the conference will feature a "How to Build a Gigafactory" Panel with Mr. Rodriguez, hosted by RBC Capital Markets' Managing Director, Investment Banking, Paul Betts.
  • For those interested in arranging a one-on-one meeting with Aspen management, please contact your RBC Capital Markets representative.