Issuer

SWEF: Notification of Major Interest in Shares

Wednesday, February 24, 2021 - 5:03pm

Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement that contains inside information according to REGULATION (EU) No 596/2014 (MAR), transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • 1a.
  • Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

SDRL - Seadrill New Finance Limited Announces Extension of Forbearance Agreement

Wednesday, February 24, 2021 - 1:08am

HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ --Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that Seadrill New Finance Limited (the "Issuer"), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with respect to the 12.0% senior secured notes due 2025 (the "Notes") with certain holders of the Notes (the "Note Holders").

Key Points: 
  • HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ --Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that Seadrill New Finance Limited (the "Issuer"), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with respect to the 12.0% senior secured notes due 2025 (the "Notes") with certain holders of the Notes (the "Note Holders").
  • The purpose of the forbearance agreement is to allow the Issuer and its stakeholders more time to negotiate on the heads of terms of a comprehensive restructuring of its balance sheet.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.
  • This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

SDRL - Seadrill New Finance Limited Announces Extension of Forbearance Agreement

Wednesday, February 24, 2021 - 12:55am

HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ --Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that Seadrill New Finance Limited (the "Issuer"), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with respect to the 12.0% senior secured notes due 2025 (the "Notes") with certain holders of the Notes (the "Note Holders").

Key Points: 
  • HAMILTON, Bermuda, Feb. 23, 2021 /PRNewswire/ --Seadrill Limited ("Seadrill" or the "Company") (OSE:SDRL, OTCQX:SDRLF) announces that Seadrill New Finance Limited (the "Issuer"), a subsidiary of the Company, has agreed to extend the existing forbearance agreement announced on 11 February 2021 with respect to the 12.0% senior secured notes due 2025 (the "Notes") with certain holders of the Notes (the "Note Holders").
  • The purpose of the forbearance agreement is to allow the Issuer and its stakeholders more time to negotiate on the heads of terms of a comprehensive restructuring of its balance sheet.
  • New factors emerge from time to time, and it is not possible for the Company to predict all of these factors.
  • This information is subject of the disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.

Bridging Finance Inc. Acquires Control of Common Shares of Cuda Oil and Gas Inc.

Tuesday, February 23, 2021 - 11:00pm

Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Bridging Finance Inc. ("BFI") reported today that it has acquired control or direction over 9,100,000 common shares (the "Shares") of Cuda Oil and Gas Inc. (the "Issuer").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - February 23, 2021) - Bridging Finance Inc. ("BFI") reported today that it has acquired control or direction over 9,100,000 common shares (the "Shares") of Cuda Oil and Gas Inc. (the "Issuer").
  • The Shares represent, in aggregate, approximately 19.98% of the issued and outstanding common shares of the Issuer (based on 45,536,220 common shares of the Issuer being issued and outstanding following the issuance of the Shares).
  • Specifically, the Shares were issued as follows:
    Bridging Income Fund LP - 5,942,300 Shares representing approximately 13.05% of the issued and outstanding common shares of the Issuer;
    Bridging Mid-Market Debt Fund LP - 2,924,740 Shares representing approximately 6.42% of the issued and outstanding common shares of the Issuer; and
    Bridging Private Debt Lending Master Fund I, LP - 232,960 Shares representing approximately 0.52% of the issued and outstanding common shares of the Issuer.
  • Other than in respect of the Shares, BFI does not currently hold ownership, or control or direction over, any other securities of the Issuer.

Dalata Hotel Group PLC: Holding(s) in Company

Tuesday, February 23, 2021 - 11:02am

Dissemination of a Regulatory Announcement, transmitted by EQS Group.

Key Points: 
  • Dissemination of a Regulatory Announcement, transmitted by EQS Group.
  • The issuer is solely responsible for the content of this announcement.
  • Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii: Dalata Hotel Group plc
    [ ] Other (please specify)iii:
    4.
  • Date on which the threshold was crossed or reachedvi: 19 February 2021
    6.

Essex Property Trust Prices $450 Million of Senior Notes

Monday, February 22, 2021 - 10:06pm

Essex Property Trust, Inc. (NYSE:ESS) announced today that its operating partnership, Essex Portfolio, L.P. (the Issuer), priced an underwritten public offering of $450 million aggregate principal amount of 1.700% senior notes due 2028 (the Notes).

Key Points: 
  • Essex Property Trust, Inc. (NYSE:ESS) announced today that its operating partnership, Essex Portfolio, L.P. (the Issuer), priced an underwritten public offering of $450 million aggregate principal amount of 1.700% senior notes due 2028 (the Notes).
  • The Notes will be the senior unsecured obligations of the Issuer and will be fully and unconditionally guaranteed by Essex Property Trust, Inc.
  • The Notes offering is expected to close on March 1, 2021, subject to the satisfaction of certain closing conditions.
  • Essex Property Trust, Inc. (Essex), an S&P 500 company, is a fully integrated real estate investment trust (REIT) that acquires, develops, redevelops, and manages multifamily residential properties in selected West Coast markets.

TransGlobe Energy Corporation Announces an Update to Its Significant Shareholders

Friday, February 19, 2021 - 7:00am

The Company understands that as of December 31, 2020, BLR Partners LP, through various funds, individuals and/or institutional clients of the foregoing, beneficially own an aggregate interest in 750,002 common shares of the Company, which represents approximately 1.0% of the issued and outstanding common shares of the Company.

Key Points: 
  • The Company understands that as of December 31, 2020, BLR Partners LP, through various funds, individuals and/or institutional clients of the foregoing, beneficially own an aggregate interest in 750,002 common shares of the Company, which represents approximately 1.0% of the issued and outstanding common shares of the Company.
  • The above information is based on the Companys understanding of BLR Partners LPs most recent 13F Securities and Exchange Commission filing, dated 16 February 2021.
  • 1a.
  • Identity of the issuer or the underlying issuer of existing shares to which voting rights are attached:
    Other (please specify): Total number of voting rights of issuer changed as a result of completion of tender offer.

KBRA Assigns Preliminary Ratings to Neighborly Issuer LLC Series 2021-1 Senior Secured Notes

Tuesday, February 16, 2021 - 6:24pm

Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three note classes of Neighborly Issuer LLC Series 2021-1, (the Issuer) a whole business securitization.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns preliminary ratings to three note classes of Neighborly Issuer LLC Series 2021-1, (the Issuer) a whole business securitization.
  • The transaction is structured as a whole business securitization in which the Neighborly Company (Neighborly or the Company) and certain of its affiliates will contribute substantially all of their domestic revenue-generating assets to Neighborly Issuer LLC (the Issuer) and its subsidiaries.
  • The Issuer is expected to issue three class of notes totaling $840 million (the Notes).
  • Kroll Bond Rating Agency, LLC (KBRA) is a full-service credit rating agency registered with the U.S. Securities and Exchange Commission as an NRSRO.