Senior debt

Hamilton Thorne Announces the Acquisition of Microptic, S.L.

Retrieved on: 
Thursday, December 1, 2022
Software, Growth, Fertility clinic, Adjustment, CFO, D, Fertility, EBITDA, TSX, AI, Hand, Machine learning, Quarter, Artificial intelligence, TSX Venture Exchange, Analysis, CASA, Middlesex Savings Bank, European, SEDAR, Reproductive technology, Male, Financial statement, Senior debt, ART, Research, Transaction, HTL, Depreciation, Assisted reproductive technology, Acquisition, Risk management, Security (finance), Bank, Virtual assistant

BEVERLY, Mass. and TORONTO, Dec. 01, 2022 (GLOBE NEWSWIRE) -- Hamilton Thorne Ltd. (TSX-V: HTL) ("Hamilton Thorne" or the "Company"), a leading provider of precision instruments, consumables, software and services to the Assisted Reproductive Technologies ("ART") research, and cell biology markets, today announced that it has closed the acquisition (the "Transaction") of Microptic, S.L. ("Microptic") effective as of November 30, 2022.

Key Points: 
  • The Transaction expands Hamilton Thorne's product offerings and provides the Company with profitable operations in the well-established European ART market.
  • Key Benefits of the Transaction:
    "We are excited to welcome our new partners from Microptic to the Hamilton Thorne family.
  • This acquisition enhances our product offerings in AI enabled CASA software, image analysis systems, consumables, and related products.
  • Hamilton Thorne markets its products and services under the Hamilton Thorne, Gynemed, Planer, IVFtech, Embryotech Laboratories, Tek-Event brands, and Microptic, through its growing sales force and distributors worldwide.

EMGA advises on US$10M debt raise for Banco D-Miro

Retrieved on: 
Wednesday, August 31, 2022
Development Credit Authority, COVID-19, DFC, Technology, Â, Poverty, Solution, Investment, Senior debt, US, Health, U.S. International Development Finance Corporation, GLOBE, Woman, Environment, Private sector, Bank, Financial services

The US$10 million debt facility was originated, advised upon, and structured by EMGA with financing provided by U.S. International Development Finance Corporation (DFC) and the transaction is the first time EMGA has completed an operation in Ecuador.

Key Points: 
  • The US$10 million debt facility was originated, advised upon, and structured by EMGA with financing provided by U.S. International Development Finance Corporation (DFC) and the transaction is the first time EMGA has completed an operation in Ecuador.
  • Commenting on the transaction, Banco D-Miros CFO Fabian Victores Baque said, We appreciate the support of EMGA and DFC to finalize this important transaction.
  • Banco D-Miro: Banco D-Miro is an Ecuadorian bank specialized in microfinance and their vision is to be the bank that contributes the most to the reduction of poverty.
  • EMGA continues expanding and solidifying its place as a niche investment bank focused on emerging markets.

AVYA ALERT: Berman Tabacco Announces Investigation of Avaya Holdings Corp. for Potential Securities Law Violations

Retrieved on: 
Thursday, August 25, 2022
NYSE, Telecommunication, EBITDA, LLP, Bloomberg, Audit committee, PricewaterhouseCoopers, Board, Senior debt, Senior, SEC, Review, U.S. Securities and Exchange Commission, Company, News, Debt-to-GDP ratio, Convertible, Knowledge, CUSIP, Director, AVYA, Online gambling, Security (finance), Avaya

Boston, Massachusetts--(Newsfile Corp. - August 25, 2022) - Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Avaya Holdings Corp. ("Avaya" or the "Company") (NYSE: AVYA) (NYSE: AVYA W), a telecommunications software company based in North Carolina.

Key Points: 
  • Boston, Massachusetts--(Newsfile Corp. - August 25, 2022) - Berman Tabacco, a national law firm representing investors, is investigating potential securities law violations by Avaya Holdings Corp. ("Avaya" or the "Company") (NYSE: AVYA) (NYSE: AVYA W), a telecommunications software company based in North Carolina.
  • Following such repurchase, "an aggregate of approximately $221 million principal amount of the Convertible Notes [remained] outstanding."
  • If you sustained losses from your transactions in Avaya securities and would like to discuss your legal rights and/or options, please provide your information here: Shareholder Contact | Berman Tabacco .
  • Berman Tabacco is a national law firm representing institutions and individuals in lawsuits, seeking to recoup losses caused by corporate and board misconduct and violations of the securities and antitrust laws.

Pure Harvest Announces Significant Debt Reduction Via Creditor Settlement Agreement

Retrieved on: 
Wednesday, August 24, 2022
CBD, OTC, Securities Exchange Act of 1934, Securities Act of 1933, Management, CO, Senior debt, Goal, GLOBE, Board of directors, Company, News, Director, Acquisition, Security (finance), Bank, Drug

The Company and creditors have entered into a settlement agreement, which results in approximately $2.8 million of Senior Debt being removed from the Companys balance sheet.

Key Points: 
  • The Company and creditors have entered into a settlement agreement, which results in approximately $2.8 million of Senior Debt being removed from the Companys balance sheet.
  • The U.S. District for Wyoming has granted a motion for the dismissal of all claims concerning the debt.
  • This is a significant event for our Company that will result in a meaningful reduction in the amount of debt on our balance sheet.
  • We expect the debt reduction to be reflected in our upcoming quarterly filings, commented Matthew Gregarek, Pure Harvests Chief Executive Officer.

EMGA advises on US$200M debt raise for BTG Pactual with JICA

Retrieved on: 
Thursday, March 10, 2022
SME, Government, DFI, BTG, Business, Senior debt, Lists of countries and territories, Business development, Japan International Cooperation Agency, BTG Pactual, Multilateralism, Investment, JICA, GLOBE, MSME-Champions, Official development assistance, Bank, Financial services

A JICA spokesman said, Thanks to EMGAs support, we will partner Banco BTG Pactual S.A. addressing the funding gap for MSMEs in Brazil.

Key Points: 
  • A JICA spokesman said, Thanks to EMGAs support, we will partner Banco BTG Pactual S.A. addressing the funding gap for MSMEs in Brazil.
  • BTG Pactual is among the first to introduce digital platforms offering financial solutions to businesses throughout the whole nation.
  • JICA is an important partner of EMGA and its position as a pre-eminent development finance institution also offers another new strategic long term funding source for BTG.
  • Emerging Markets Global Advisory Limited (EMGA), with offices in London and New York, helps financial institutions and corporates seeking new debt or equity capital.

AltaLink delivers on its commitment to not increase electricity transmission rates for five years

Retrieved on: 
Monday, February 28, 2022
Transfer, GLOBE, Depreciation, ATCO Electric, Income, Compliance, Partnership, CEA, PLP, Electricity, Berkshire Hathaway Energy, KLP, AESO, Commission, TRIF, DBRS, AltaLink, S&P, NOT, COVID-19, AUC, Safety, Provost, ITV Central, News, Senior debt, FOR, Commercial paper, Injury, Ministry of Energy (Alberta), Mission statement, History, GTA, Renewable energy, Television, Health insurance, Public utility, Oil, Ridesharing company, Security (finance)

CALGARY, Alberta, Feb. 28, 2022 (GLOBE NEWSWIRE) -- In 2018, AltaLink announced a plan to support its customers as they navigated a challenging economy and low energy prices. The company committed to keeping its rates at or below 2018 levels through to the end of 2023. With the recent Alberta Utilities Commission (AUC) decision on AltaLink’s 2022-2023 General Tariff Application, AltaLink has achieved its goal to not increase rates for five years.

Key Points: 
  • With the recent Alberta Utilities Commission (AUC) decision on AltaLinks 2022-2023 General Tariff Application, AltaLink has achieved its goal to not increase rates for five years.
  • AltaLinks regulated transmission rates represent a portion of the provincial transmission charge.
  • In 2021, AltaLink was awarded the Canadian Electricity Association (CEA) Presidents Award for Safety Excellence for the fifth consecutive year.
  • Headquartered in Calgary, with offices in Edmonton, Red Deer and Lethbridge, AltaLink is Albertas largest electricity transmission provider.

Avicanna Announces Closing of Non-Brokered Private Placement of Convertible Debenture Units

Retrieved on: 
Friday, January 28, 2022
Aureus, Cannabidiol, Absorption, Offering, Research, Risk, GLOBE, FSE, Debenture, Time, Lists of diseases, Chronic pain, RHO, Company, Maturity, Bulk, United States Department of Agriculture, SEDAR, Senior debt, Perception, Seed, National Organic Program, Fair Debt Collection Practices Act, THC, News, MaRS Discovery District, Dermatology, Solution, FOR, Toronto Stock Exchange, NOT, Wellness, Cannabinoid, TSX, National Organ Transplant Act of 1984, Finance Secretary (India), Security (finance), Fine chemical, Medical device, Pharmaceutical industry, Unit, CBD

TORONTO, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Avicanna Inc. (“Avicanna” or the “Company”) (TSX: AVCN) (OTCQX: AVCNF) (FSE: 0NN), an innovative, commercial stage, and international biopharmaceutical company focused on the development advancement, and commercialization of evidence-based, cannabinoid-based products, is pleased to announce that it has closed a non-brokered private placement (the “Offering”) of 1,626 convertible debenture units of the Company (the “Units”) at a price of $800 per Unit (representing an original issue discount equal to 20%), for aggregate gross proceeds of approximately $1,550,400. Each Unit consists of an aggregate of $1,000 principal amount of secured subordinated convertible debentures (the “Debentures”) and 545 common share purchase warrants (each, a “Warrant”).

Key Points: 
  • Each Unit consists of an aggregate of $1,000 principal amount of secured subordinated convertible debentures (the Debentures) and 545 common share purchase warrants (each, a Warrant).
  • The Debentures will mature one year following the closing of the Offering (the Maturity Date).
  • Avicanna is a Canadian commercial-stage biopharmaceutical company established in cannabinoid research, development, and evidence-based products for the global consumer, as well as medical and pharmaceutical market segments.
  • For more information about Avicanna, visit www.avicanna.com, or contact Ivana Maric by email at [email protected] .

Canadian Centre for Cyber Security Highlights Increasing Risk for Power Systems

Retrieved on: 
Monday, November 8, 2021
Transfer, Mission statement, Berkshire Hathaway Energy, Safety, National Cyber Security Awareness Month, News, Electricity, AESO, Leadership, AltaLink, AUC, Senior debt, DBRS, PLP, Income, Investment, Provost, COVID-19, Face, National, North American Electric Reliability Corporation, Commercial paper, Partnership, GLOBE, ATCO Electric, KLP, Workplace, FOR, Injury, ITV Central, NOT, Religion, Public utility, Risk management, Animal, Oil, Tutoring, Security (finance)

CALGARY, Alberta, Nov. 08, 2021 (GLOBE NEWSWIRE) -- AltaLink closes National Cyber Security Awareness Month with a continued focus on protecting the transmission system for its customers in the face of increasing security threats.

Key Points: 
  • The Electric Reliability Organizations 2021 Reliability Risk Priorities Report identifies security as one of four significant evolving risks to the reliability of the power system in North America.
  • Even with AltaLinks current dedicated focus on cyber security, the Canadian Centre for Cyber Securitys National Cyber Threat Assessment states that the number of cyber threat actors is rising, and they are becoming more sophisticated.
  • AltaLink is investing in the security of its system to continue to be positioned to respond to rising threats and minimize potential risks to the grid.
  • These risks and uncertainties include, among other things, those described in AltaLinks filings with the Canadian securities authorities.

EMGA Advises Landmark US$300M Debt Raise for BTG Pactual With DFC

Retrieved on: 
Monday, September 20, 2021
Small Business, Professional Services, Finance, SME, Senior debt, U.S. International Development Finance Corporation, Pleasure, Solution, Foreign policy, DEG, BTG Pactual, Investment, Gaps, Woman, Private sector, COVID-19, BTG, US, DFC, Bank

Emerging Markets Global Advisory Limited (EMGA), the niche investment bank focused on emerging markets, announces today a landmark Senior Debt capital raise transaction that will allow BTG Pactual to expand its small and medium-sized enterprise (SME) activities in Brazil.

Key Points: 
  • Emerging Markets Global Advisory Limited (EMGA), the niche investment bank focused on emerging markets, announces today a landmark Senior Debt capital raise transaction that will allow BTG Pactual to expand its small and medium-sized enterprise (SME) activities in Brazil.
  • The US$300 million debt facility was provided by DFC and the transaction is the largest Senior Debt facility ever advised by EMGA and follows on from a US$140 million transaction completed last year with DEG and Proparco, two European development institutions.
  • Commenting on the transaction, BTG Pactuals Caio Zanette said, BTG Pactual is very pleased with the support of EMGA on pursuing this landmark transaction that will benefit our SME activities in Brazil.
  • DFC is a long-term partner of EMGA and its position as a pre-eminent development finance institution also offers a new strategic funding source for BTG.

AltaLink engaging with customer groups to deliver on five-year commitment to keep rates flat

Retrieved on: 
Monday, August 9, 2021
Berkshire Hathaway Energy, AIES, GLOBE, COVID-19, DBRS, S&P, Industry, Partnership, Mission statement, AESO, News, Income, NOT, Electricity, GTA, Injury, Safety, Depreciation, AltaLink, FOR, Senior debt, AUC, Commercial paper, Renewable energy, Public utility, Animal, Online shopping, Tutoring, Security (finance)

CALGARY, Alberta, Aug. 09, 2021 (GLOBE NEWSWIRE) -- Following the approval of its $230 million refund to customers in March, AltaLink continued its engagement with customers during the second quarter of 2021. AltaLink filed its 2022-2023 GTA on April 30, 2021, delivering on the last two years of its commitment to keep rates at or below the 2018 level for customers for five years.

Key Points: 
  • We have made a commitment to our customers to keep our rates flat through to the end of 2023, said Gary Hart, AltaLinks President and Chief Operating Officer.
  • Our customers create jobs and keep Albertas economy moving while we deliver the energy they need to thrive.
  • Working closely with its largest customers, AltaLink has delivered close to $1.4 billion in savings since 2015.
  • AltaLink experienced two unexpected customer load shed events in the past two quarters based on AIES dynamic response.