Regulation

Inside Out 2 introduces Ennui – here’s what the character teaches us about boredom

Retrieved on: 
Tuesday, June 18, 2024

Joy, Sadness, Anger, Fear and Disgust – the five basic emotions of protagonist Riley – became characters in her interior “control room”.

Key Points: 
  • Joy, Sadness, Anger, Fear and Disgust – the five basic emotions of protagonist Riley – became characters in her interior “control room”.

  • Now, in the next instalment, Inside Out 2, Riley turns 13.
  • But research has shown that the more we use smartphones to distract us from boredom, the more bored we risk becoming.
  • It is arguably this version of boredom that dominates in the character of Ennui.

Heliostar Announces $5 Million Non-Brokered Private Placement

Retrieved on: 
Wednesday, June 12, 2024

Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 18,867,924 common shares (the "Offered Shares") at a price of $0.265 per Offered Share for gross proceeds of up to approximately $5 million (the "Private Placement").

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 12, 2024) - Heliostar Metals Ltd. (TSXV: HSTR) (OTCQX: HSTXF) (FSE: RGG1) ("Heliostar" or the "Company") is pleased to announce a non-brokered private placement of up to 18,867,924 common shares (the "Offered Shares") at a price of $0.265 per Offered Share for gross proceeds of up to approximately $5 million (the "Private Placement").
  • The Company intends to use the net proceeds of the Private Placement for the commencement of drilling at Ana Paula and general working capital.
  • The Private Placement is scheduled to close on or about June 18, 2024 and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange.
  • Closing of the Private Placement is not expected to impact the Debt Facility.

Virtu Financial, Inc. Announces Pricing of Opportunistic Refinancings

Retrieved on: 
Thursday, June 13, 2024

The notes will bear interest at a rate equal to 7.50% per annum.

Key Points: 
  • The notes will bear interest at a rate equal to 7.50% per annum.
  • The notes will be fully and unconditionally guaranteed on a senior secured first-lien basis by Virtu Financial LLC (“Virtu Financial”) and each of Virtu Financial’s existing and future wholly owned domestic subsidiaries (other than the Issuers) that guarantee, or are borrowers under, the amended credit facilities.
  • The notes offering and the amended credit facilities are expected to close on or about June 21, 2024, subject to customary closing conditions.
  • The consummation of the notes offering is not contingent upon the closing of the amended credit facilities.

WillScot Mobile Mini Holdings Announces Pricing of $500 Million Senior Secured Notes Offering

Retrieved on: 
Thursday, June 13, 2024

PHOENIX, June 13, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its indirect subsidiary, Williams Scotsman, Inc. (“WSI”), has priced its offering of $500 million aggregate principal amount of 6.625% senior secured notes due 2029 (the “Notes”).

Key Points: 
  • PHOENIX, June 13, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its indirect subsidiary, Williams Scotsman, Inc. (“WSI”), has priced its offering of $500 million aggregate principal amount of 6.625% senior secured notes due 2029 (the “Notes”).
  • The Notes were priced at 100.000% of their face value.
  • The closing of the offering of the Notes is expected to occur on or about June 28, 2024, subject to customary closing conditions.
  • WSI intends to use the net proceeds of the offering to repay approximately $493.5 million of outstanding borrowings under its existing ABL credit facility and to pay related fees and expenses.

WillScot Mobile Mini Holdings Announces $500 Million Senior Secured Notes Offering

Retrieved on: 
Thursday, June 13, 2024

PHOENIX, June 13, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its indirect subsidiary, Williams Scotsman, Inc. (“WSI”), plans to offer, subject to market and other conditions, $500 million aggregate principal amount of senior secured notes due 2029 (the “Notes”).

Key Points: 
  • PHOENIX, June 13, 2024 (GLOBE NEWSWIRE) -- WillScot Mobile Mini Holdings Corp. (“WillScot Mobile Mini” or the “Company”) (Nasdaq: WSC), a leader in innovative temporary flexible space solutions, today announced that its indirect subsidiary, Williams Scotsman, Inc. (“WSI”), plans to offer, subject to market and other conditions, $500 million aggregate principal amount of senior secured notes due 2029 (the “Notes”).
  • The Notes will be WSI’s general second lien senior secured obligations, guaranteed on a senior secured basis by each of WSI’s direct and indirect domestic subsidiaries that guarantees WSI’s obligations under the existing ABL credit facility and WSI’s direct parent, Williams Scotsman Holdings Corp.
    WSI intends to use the net proceeds of the offering to repay approximately $493.5 million of outstanding borrowings under its existing ABL credit facility and to pay related fees and expenses.
  • This press release contains forward-looking statements within the meaning of the U.S.
  • Private Securities Litigation Reform Act of 1995 and Section 21E of the Securities Exchange Act of 1934, as amended.

Webinar to Discuss the Future of Internal Combustion Engines in Light-Duty Vehicles in the United States

Retrieved on: 
Thursday, June 13, 2024

At the same time, automakers continue to produce increasingly efficient advanced vehicles powered by gasoline, hybrid-electric and diesel internal combustion engines.

Key Points: 
  • At the same time, automakers continue to produce increasingly efficient advanced vehicles powered by gasoline, hybrid-electric and diesel internal combustion engines.
  • Government regulation has established the parameters for transitioning to more fuel efficient and zero emissions vehicles over the next eight years.
  • A wide range of technical, and global market and business considerations continue to emerge impacting the adoption of electric vehicles and continued use of vehicles powered by internal combustion engines.
  • How might the cars and trucks we drive change as the United States works to decarbonize?

Brink's Closes $400 Million 5-Year and $400 Million 8-Year Senior Notes Offering

Retrieved on: 
Wednesday, June 12, 2024

RICHMOND, Va., June 12, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) (the “Company”) today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively. The notes were priced at par, will mature on June 15, 2029 and June 15, 2032, respectively, and bear an annual interest rate of 6.500% and 6.750%, respectively.

Key Points: 
  • RICHMOND, Va., June 12, 2024 (GLOBE NEWSWIRE) -- The Brink’s Company (NYSE:BCO) (the “Company”) today announced that it has closed its previously announced offering of 5-year and 8-year senior unsecured notes in aggregate principal amounts of $400 million and $400 million, respectively.
  • Kurt McMaken, executive vice president and CFO, said: “We are pleased with the results of our refinancing.
  • We were able to extend and diversify our future debt maturities, increase liquidity, and maintain leverage within our targeted range.
  • Any offers of the notes were made only by means of a private offering memorandum.

HydroGraph Announces Closing of Oversubscribed Private Placement

Retrieved on: 
Wednesday, June 12, 2024

VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that, further to its news releases dated May 22, 2024, and June 7, 2024, the Company has closed its non-brokered private placement (the “Offering”). Pursuant to the Offering, HydroGraph issued an aggregate of 23,099,044 units of the Company (the “Units”) at a price of $0.16 per Unit for aggregate gross proceeds of $3,695,847.

Key Points: 
  • VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- HydroGraph Clean Power Inc. (CSE: ‎HG) (OTCQB: HGCPF) (the “Company” or “HydroGraph”) is pleased to announce that, further to its news releases dated May 22, 2024, and June 7, 2024, the Company has closed its non-brokered private placement (the “Offering”).
  • Pursuant to the Offering, HydroGraph issued an aggregate of 23,099,044 units of the Company (the “Units”) at a price of $0.16 per Unit for aggregate gross proceeds of $3,695,847.
  • HydroGraph will be hosting an investor webinar on Wednesday, June 12, 2024, at noon Eastern, 9 a.m. Pacific.
  • A replay of the event will be available on the HydroGraph website on June 19, 2024

Diana Shipping Inc. Announces Fixed Income Investor Calls

Retrieved on: 
Tuesday, June 11, 2024

ATHENS, Greece, June 11, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced today that it will participate in a series of fixed income investor calls to be arranged.

Key Points: 
  • ATHENS, Greece, June 11, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, announced today that it will participate in a series of fixed income investor calls to be arranged.
  • Subject to, inter alia, market conditions, a USD denominated senior unsecured bond issue with a five-year tenor may follow.
  • Subject to the successful placement of the new contemplated bond issue, the Company intends to call the existing bond (DIASH02).
  • This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities of Diana Shipping Inc., nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

Oxbridge Re’s RWA Subsidiary SurancePlus reports 49% Realized return on its 2023/24 DeltaCat Re Tokenized Reinsurance Securities

Retrieved on: 
Tuesday, June 11, 2024

(“SurancePlus”), earned an impressive 49.11% return on its tokenized reinsurance security, DeltaCat Re exceeding the initial ROI projection of 42%.

Key Points: 
  • (“SurancePlus”), earned an impressive 49.11% return on its tokenized reinsurance security, DeltaCat Re exceeding the initial ROI projection of 42%.
  • Jay Madhu, President and CEO of Oxbridge Re, commented on the returns of the DeltaCat Re Token delivered by SurancePlus, “Last year, SurancePlus enhanced Oxbridge Re’s special purpose vehicle, Oxbridge Re NS, by integrating digital innovations and insights by offering an RWA tokenized security, thus making reinsurance more accessible as an alternative investment through the Avalanche blockchain.
  • Disclaimer: This press release does not constitute an offer to sell nor a solicitation of an offer to buy the DeltaCat Re tokens or the Series DeltaCat Re tokenized interests underlying the tokens (the “Securities”).
  • Offers and sales of the Securities are made only by, and pursuant to, the terms set forth in the Confidential Private Placement Memorandum relating to the Securities.