Redemption

AEON Biopharma Announces Redemption of Public Warrants

Retrieved on: 
Sunday, March 31, 2024
AEON, Transfer, Common stock, Warrant, Exercise, Common, Sale, Attention, IPO, Fair market value, Redemption, Security (finance)

At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.

Key Points: 
  • At the direction of the Company, the Warrant Agent has delivered a notice of redemption to each of the registered holders of the outstanding Public Warrants.
  • Any Public Warrants that remain unexercised at 5:00 p.m. New York City time on the Redemption Date will be delisted, void and no longer exercisable, and the holders will have no rights with respect to those Public Warrants, except to receive the Redemption Price (or as otherwise described in the redemption notice for holders who hold their Public Warrants in “street name”).
  • The Redemption Fair Market Value means the volume weighted average price of the Common Stock for the ten trading days immediately following the date of the notice of redemption.
  • Questions concerning redemption and exercise of the Public Warrants can be directed to Continental Stock Transfer & Trust Company, 1 State Street, 30th Floor, New York, New York 10004, Attention: Compliance Department, telephone number (212) 509-4000.

CoreCivic to Redeem 8.250% Senior Notes Due 2026

Retrieved on: 
Friday, March 15, 2024
CoreCivic, Note, Redemption, Hand, CXW

BRENTWOOD, Tenn., March 15, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it is delivering an irrevocable notice to the holders of all of CoreCivic’s previously issued $675,000,000 original aggregate principal amount of 8.250% senior unsecured notes due 2026 (the “2026 Notes”) that CoreCivic has elected to redeem in full the 2026 Notes that remain outstanding on April 15, 2024 (the “Redemption Date”).

Key Points: 
  • BRENTWOOD, Tenn., March 15, 2024 (GLOBE NEWSWIRE) -- CoreCivic, Inc. (NYSE: CXW) (“CoreCivic”) announced today that it is delivering an irrevocable notice to the holders of all of CoreCivic’s previously issued $675,000,000 original aggregate principal amount of 8.250% senior unsecured notes due 2026 (the “2026 Notes”) that CoreCivic has elected to redeem in full the 2026 Notes that remain outstanding on April 15, 2024 (the “Redemption Date”).
  • The 2026 Notes were otherwise scheduled to mature on April 15, 2026.
  • The 2026 Notes will be redeemed at a redemption price equal to 104.125% of the principal amount of the then outstanding 2026 Notes, plus accrued and unpaid interest on such 2026 Notes to, but not including, the Redemption Date (the “Redemption Price”).
  • This press release shall not constitute a notice of redemption of the 2026 Notes.

Global Partners LP Announces Full Redemption of Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units

Retrieved on: 
Friday, March 15, 2024
Retail, Energy, Convenience Store, Oil, Gas, Partner, Global Partners, CUSIP, Sale, Depository Trust Company, Treasury regulations, Treasury, Redemption, Security (finance)

Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to redeem all $69,000,000 of its 2,760,000 issued and outstanding Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (CUSIP: 37946R208).

Key Points: 
  • Global Partners LP (NYSE: GLP) (“Global”) today announced that it intends to redeem all $69,000,000 of its 2,760,000 issued and outstanding Series A Fixed-to-Floating Rate Cumulative Redeemable Perpetual Preferred Units (the “Series A Preferred Units”) (CUSIP: 37946R208).
  • After the Redemption, Series A Preferred Units will no longer be outstanding and all of the rights of the holders of Series A Preferred Units will terminate, except the right to receive the Redemption Price.
  • The notice of redemption and related materials are being distributed to holders of record of Series A Preferred Units as of March 15, 2024.
  • Questions regarding the redemption of the Series A Preferred Units, or the procedures therefore, may be directed to Equiniti Trust Company, LLC, the redemption agent, at:

Li-Cycle Announces $75 Million Strategic Investment from Glencore

Retrieved on: 
Tuesday, March 12, 2024
Other Manufacturing, Environment, Technology, Sustainability, Alternative Energy, Manufacturing, Green Technology, Energy, Batteries, Recycling, Exercise, Convertible, Sale, Bank statement, Investment, Marketing, Transaction, PIK, Audit committee, Committee, Partnership, Minority, LON, VWAP, Multilateral, Person, GC, Date, Annual report, 8-K, Hub, Nickel, Ontario Securities Commission, Cobalt, Redemption, Security (finance)

Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to secure an additional $75 million investment from Glencore, following Glencore’s June 2022 investment, to improve our liquidity position while we continue our ongoing comprehensive review process.

Key Points: 
  • Ajay Kochhar, Li-Cycle co-founder and CEO, commented: “We are pleased to secure an additional $75 million investment from Glencore, following Glencore’s June 2022 investment, to improve our liquidity position while we continue our ongoing comprehensive review process.
  • The SC engaged Moelis & Company LLC, a leading global investment bank (“Moelis”), as its financial advisor and placement agent.
  • As part of the partnership, Glencore previously made a $200 million investment in Li-Cycle in June 2022 through the purchase of a convertible note (the “Existing Note”).
  • The Glencore investment will result in Glencore purchasing from the Company a senior secured convertible note in the aggregate principal amount of $75 million.

Don't Miss Star-Studded Divine Mercy Preview Show & Mass on EWTN

Retrieved on: 
Wednesday, April 3, 2024
EWTN, Father, Mary, mother of Jesus, Celebration, Seattle Seahawks, JCD, Eternal, Shrine, Noon, Human, Quality of life, Theology, SAN, Catholic Church, Green Bay Packers, St. Michael's Church, Most, Arizona Cardinals, Archbishop, Sacrament, National shrine, Addiction, Franciscans, Divine Mercy, NFL, Redemption, Kansas City Chiefs, Nightclub

IRONDALE, Ala., April 2, 2024 /PRNewswire/ -- If you're an NFL fan, you know the name Elvis Grbac, former quarterback for the San Francisco 49ers, Kansas City Chiefs, and Baltimore Ravens. You also know the name Ben Steele, who played for six NFL teams including the 49ers, Seattle Seahawks, and Green Bay Packers, and is currently assistant coach for the Arizona Cardinals. And if you're Catholic, you almost surely know Mark Wahlberg's brother Jim Wahlberg, either by name or by his work as executive producer of "Mother Teresa: No Greater Love."

Key Points: 
  • Live From the National Shrine of Divine Mercy in Stockbridge, Mass.
  • All of these men have gone on to do some incredible work in the Catholic Church and all will be featured live on EWTN's Divine Mercy Sunday's Preview Show, which airs at Noon ET, Sunday, April 7.
  • In addition to the events above, EWTN will feature a Divine Mercy Celebration from the Shrine of Divine Mercy in Vilnius, Lithuania at 10 a.m.
  • That Celebration also includes a preview show and Mass, where you undoubtedly will see the original painting of the Divine Mercy.

Orexo successfully issues senior secured callable floating rate social bonds of SEK 500 m and announces results of the tender offer for its existing bonds

Retrieved on: 
Wednesday, March 13, 2024
Exercise, Carnegie Investment Bank, Tender offer, Investment, ABG Sundal Collier, Nasdaq Stockholm, Redemption

UPPSALA, Sweden, March 13, 2024 /PRNewswire/ -- Orexo AB (publ), ("Orexo" or the "Company") (STO:ORX) (OTCQX:ORXOY) has successfully issued new senior secured callable floating rate social bonds in an amount of SEK 500 million and with a tenor of four years (the "New Social Bonds").

Key Points: 
  • UPPSALA, Sweden, March 13, 2024 /PRNewswire/ -- Orexo AB (publ), ("Orexo" or the "Company") (STO:ORX) (OTCQX:ORXOY) has successfully issued new senior secured callable floating rate social bonds in an amount of SEK 500 million and with a tenor of four years (the "New Social Bonds").
  • Orexo intends to apply for admission to trading of the New Social Bonds on the sustainable bonds list of Nasdaq Stockholm.
  • The issuance of the New Social Bonds was oversubscribed and received interest from both Nordic and international institutional investors.
  • Conditional upon settlement of the New Social Bonds, Orexo further intends to exercise its right to make an early redemption of the Existing Bonds not being repurchased in the Tender Offer, in accordance with the terms and conditions of the Existing Bonds.

Orexo successfully issues senior secured callable floating rate social bonds of SEK 500 m and announces results of the tender offer for its existing bonds

Retrieved on: 
Wednesday, March 13, 2024
Exercise, Carnegie Investment Bank, Tender offer, Investment, ABG Sundal Collier, Nasdaq Stockholm, Redemption

UPPSALA, Sweden, March 13, 2024 /PRNewswire/ -- Orexo AB (publ), ("Orexo" or the "Company") (STO:ORX) (OTCQX:ORXOY) has successfully issued new senior secured callable floating rate social bonds in an amount of SEK 500 million and with a tenor of four years (the "New Social Bonds").

Key Points: 
  • UPPSALA, Sweden, March 13, 2024 /PRNewswire/ -- Orexo AB (publ), ("Orexo" or the "Company") (STO:ORX) (OTCQX:ORXOY) has successfully issued new senior secured callable floating rate social bonds in an amount of SEK 500 million and with a tenor of four years (the "New Social Bonds").
  • Orexo intends to apply for admission to trading of the New Social Bonds on the sustainable bonds list of Nasdaq Stockholm.
  • The issuance of the New Social Bonds was oversubscribed and received interest from both Nordic and international institutional investors.
  • Conditional upon settlement of the New Social Bonds, Orexo further intends to exercise its right to make an early redemption of the Existing Bonds not being repurchased in the Tender Offer, in accordance with the terms and conditions of the Existing Bonds.

First Quantum Announces Completion of Redemption of 2025 and 2026 Notes

Retrieved on: 
Tuesday, March 5, 2024
TSX, Redemption, Regulation, Sale, Person, Trustee

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
Energy, Other Energy, Oil, Gas, Permian, Redemption, National Association, Sale, Debt-to-GDP ratio, UMB Financial Corporation, Bank

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
Casino, Gaming, Lodging, Entertainment, Destinations, Travel, Sale, CZR, Redemption, Caesars Entertainment, Senior, National Association, Bank

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.