Redemption

First Quantum Announces Completion of Redemption of 2025 and 2026 Notes

Retrieved on: 
Tuesday, March 5, 2024

TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) announces that it has completed the previously-announced redemption in full (the “Redemption”) of its $1,050,000,000 aggregate principal amount 7.50% senior notes due 2025 (the “2025 Notes”) and $1,000,000,000 aggregate principal amount 6.875% senior notes due 2026 (the “2026 Notes” and, together with the 2025 Notes, the “Notes”).

Key Points: 
  • TORONTO, March 05, 2024 (GLOBE NEWSWIRE) -- First Quantum Minerals Ltd. (“First Quantum” or the “Company”) (TSX: FM) announces that it has completed the previously-announced redemption in full (the “Redemption”) of its $1,050,000,000 aggregate principal amount 7.50% senior notes due 2025 (the “2025 Notes”) and $1,000,000,000 aggregate principal amount 6.875% senior notes due 2026 (the “2026 Notes” and, together with the 2025 Notes, the “Notes”).
  • The Company redeemed the Notes at a redemption price of 100.00% of the principal amount, plus accrued and unpaid interest, using the proceeds from its previously-announced comprehensive refinancing.
  • The Company has deposited amounts required to fund the Redemption into accounts designated by the relevant trustees for the holders of the Notes in accordance with the indentures governing the Notes (the “Indentures”).
  • Furthermore, the Indentures have been discharged and have ceased to be of further effect as to all Notes in accordance with the satisfaction and discharge provisions of the Indentures.

Permian Resources Announces Full Redemption of 6.875% Senior Notes Due 2027

Retrieved on: 
Wednesday, March 6, 2024

Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has given notice of its intention to redeem all of the Company’s outstanding $356,351,000 aggregate principal amount 6.875% Senior Notes due 2027 (the “Notes”) on April 5, 2024 (the “Redemption Date”).

Key Points: 
  • Permian Resources Corporation (“Permian Resources” or the “Company”) (NYSE: PR) announced today that Permian Resources Operating, LLC (the “Issuer”), a subsidiary of Permian Resources, has given notice of its intention to redeem all of the Company’s outstanding $356,351,000 aggregate principal amount 6.875% Senior Notes due 2027 (the “Notes”) on April 5, 2024 (the “Redemption Date”).
  • The redemption is being made in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”).
  • The redemption price per Note will be 100% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date.
  • Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from the Company’s investor relations contacts provided below.

Caesars Entertainment, Inc. Announces Satisfaction and Discharge and Related Redemption of 6.250% Senior Secured Notes Due 2025

Retrieved on: 
Wednesday, February 7, 2024

Caesars Entertainment, Inc. (the “Company”) (Nasdaq: CZR) today announced the settlement of the cash tender offer for any and all of the Company’s outstanding 6.250% Senior Secured Notes due 2025 (the “Notes”).

Key Points: 
  • Caesars Entertainment, Inc. (the “Company”) (Nasdaq: CZR) today announced the settlement of the cash tender offer for any and all of the Company’s outstanding 6.250% Senior Secured Notes due 2025 (the “Notes”).
  • Additionally, the Company announced it has satisfied and discharged its outstanding Notes in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”).
  • The satisfaction and discharge involves the redemption of the Notes on July 1, 2024 (the Redemption Date), at a redemption price per Note of 100.000% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date.
  • The Company has instructed the trustee to distribute a Notice of Redemption to all currently registered holders of the Notes on February 7, 2024.

Caesars Entertainment, Inc. Announces Full Redemption of 5.750% Senior Secured Notes Due 2025

Retrieved on: 
Tuesday, February 6, 2024

Additionally, the Issuers have given notice of their intention to redeem all of the Issuers’ Notes outstanding on February 16, 2024 (the “Redemption Date”).

Key Points: 
  • Additionally, the Issuers have given notice of their intention to redeem all of the Issuers’ Notes outstanding on February 16, 2024 (the “Redemption Date”).
  • The redemption is being made in accordance with the terms and conditions of the Notes and the indenture governing the Notes (the “Indenture”).
  • The redemption price per Note will be 100.183% of the principal amount of the Notes, plus accrued and unpaid interest up to, but excluding, the Redemption Date.
  • Copies of such Notice of Redemption and additional information relating to the procedure for redemption of the Notes may be obtained from the Company’s investor relations contacts provided below.

AIG to Redeem its Series A Preferred Stock, Represented by Depositary Shares

Retrieved on: 
Wednesday, January 31, 2024

American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).

Key Points: 
  • American International Group, Inc. (NYSE: AIG) today announced that it will redeem all outstanding shares of its Series A 5.85% Non-Cumulative Perpetual Preferred Stock (CUSIP 026874 750 / ISIN US0268747500) (the “Series A Preferred Stock”) and all the corresponding Depositary Shares (CUSIP 026874 768 / ISIN US0268747682) (the “Depositary Shares”), each representing a 1/1,000th interest in a share of Series A Preferred Stock, on March 15, 2024 (the “Redemption Date”).
  • As of January 31, 2024, 20,000 shares of Series A Preferred Stock and 20,000,000 Depositary Shares were outstanding.
  • This press release does not constitute a notice of redemption of the Series A Preferred Stock or the corresponding Depositary Shares.
  • Holders of the Depositary Shares should refer to the notice of redemption delivered to the registered holders of the Depositary Shares by Equiniti Trust Company, as Depositary, with respect to the Depositary Shares.

Nixon Peabody promotes 12 attorneys in 2024 counsel class

Retrieved on: 
Wednesday, January 24, 2024

BOSTON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments. The counsel promotions are effective as of February 1, 2024.

Key Points: 
  • Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments.
  • BOSTON, Jan. 24, 2024 /PRNewswire-PRWeb/ -- Nixon Peabody LLP is proud to announce the law firm's 2024 counsel class, promoting 12 attorneys from a wide variety of practice areas and representing each of the firm's three legal departments.
  • -Stacie B. Collier, Nixon Peabody Chief Talent Officer
    "Our new counsel class includes a broad range of backgrounds and perspectives, and the attorneys in this group have blazed their own trails within the firm," said Stacie B. Collier, Nixon Peabody Chief Talent Officer.
  • Illustrative of how integral the firm's counsel program has become to attorney development, 12 of the 14 attorneys in Nixon Peabody's 2024 partner class are being elevated from counsel.

Nubia Brand International Corp. Announces Stockholder Approval of Business Combination with Honeycomb Battery Company

Retrieved on: 
Thursday, December 14, 2023

Dallas, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (the “Company” or “Nubia”) , announced today that at a special meeting of stockholders held on December 14, 2023 (the “Meeting”), its stockholders voted to approve its proposed business combination (the “Business Combination”) with Honeycomb Battery Company (“Honeycomb”).

Key Points: 
  • Dallas, Texas, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (the “Company” or “Nubia”) , announced today that at a special meeting of stockholders held on December 14, 2023 (the “Meeting”), its stockholders voted to approve its proposed business combination (the “Business Combination”) with Honeycomb Battery Company (“Honeycomb”).
  • There were 6,360,235 Nubia Shares present at the Meeting in person or represented by proxy, with 70.4% voting to approve the Business Combination.
  • If all of the redemption requests received by Nubia as of the Redemption Deadline are satisfied by Nubia, 23,586 public shares of Nubia would be outstanding.
  • There can be no assurance that the Business Combination will be consummated within the time period required by Nubia’s governing documents.

Nubia Brand International Corp. Announces Requests to Redeem Public Shares

Retrieved on: 
Wednesday, December 13, 2023

Dallas, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (NASDAQ: NUBI) (“Nubia”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on December 12, 2023 (the “Redemption Deadline”), Nubia has received requests to redeem a total of 3,896,031 Nubia public shares, representing 99.4% of the total public shares of Nubia outstanding prior to the Redemption Deadline.

Key Points: 
  • Dallas, Texas, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Nubia Brand International Corp. (NASDAQ: NUBI) (“Nubia”), a publicly traded special purpose acquisition company, today announced that, as of 5:00 pm Eastern Time on December 12, 2023 (the “Redemption Deadline”), Nubia has received requests to redeem a total of 3,896,031 Nubia public shares, representing 99.4% of the total public shares of Nubia outstanding prior to the Redemption Deadline.
  • If all of the redemption requests received by Nubia as of the Redemption Deadline are satisfied by Nubia, 23,586 public shares of Nubia would be outstanding.
  • Nubia stockholders whose shares are held of record by a broker, bank, or other nominee should contact their broker, bank, or nominee to ensure that their shares are voted.
  • Your vote “FOR” all proposals is important, no matter how many or how few shares you own.

Thunder Bridge Capital Partners III, Inc. Announces its Intention to Liquidate

Retrieved on: 
Thursday, December 7, 2023

There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

Key Points: 
  • There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
  • All other costs and expenses associated with implementing the Dissolution will be funded from proceeds held outside of the Trust Account.
  • Beneficial owners of Public Shares held in “street name,” however, will not need to take any action in order to receive the Redemption Amount.
  • The Redemption Amount is expected to be paid out within ten business days of December 11, 2023.

A Story Of Perseverance, Faith, and Triumph Over Circumstances: How Iran Amandah Went From A 45-Year Prison Sentence To Wall Street’s Spotlight

Retrieved on: 
Tuesday, December 5, 2023

For Iran D. Amandah, the gripping journey from hopelessness to unparalleled success came amid the harsh realities of prison life.

Key Points: 
  • For Iran D. Amandah, the gripping journey from hopelessness to unparalleled success came amid the harsh realities of prison life.
  • Dark.
  • It’s a story about a man who, against all odds, chose to bring change not just for himself but for an entire community.
  • Iran discovered and pursued an unquenchable thirst for knowledge and relentlessly sculpted a vision for his future.