Redemption value

Constellation Brands Announces Full Redemption of 3.75% Senior Notes Due 2021

Retrieved on: 
Tuesday, January 5, 2021
STZ, Finance, Redemption value, Constellation Brands, CUSIP

VICTOR, N.Y., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 3.75% Senior Notes due 2021 (CUSIP Number:21036PAK4) (the "notes") to be effected on February4, 2021 (the "redemption date").

Key Points: 
  • VICTOR, N.Y., Jan. 05, 2021 (GLOBE NEWSWIRE) -- Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that it has given notice for full redemption prior to maturity of all of its outstanding 3.75% Senior Notes due 2021 (CUSIP Number:21036PAK4) (the "notes") to be effected on February4, 2021 (the "redemption date").
  • As of January 5, 2021, there were $500.0 million in aggregate principal amount of the notes outstanding.
  • The redemption price for the notes, payable in cash, will be calculated pursuant to the formula set forth in the supplemental indenture relating to the notes, and will include a make-whole premium of approximately $4.0million.
  • Constellation Brands is an international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, and Italy.

Digital Realty Announces Redemption of 2.750% Notes Due 2023

Retrieved on: 
Tuesday, January 5, 2021
Data centers, Computing, World Wide Web, Internet, Digital Realty, LinkedIn, Redemption value, Colocation centre

The redemption date is February 4, 2021, and the applicable redemption price is equal to par plus a make-whole premium, plus accrued and unpaid interest thereon to, but not including, the redemption date, in accordance with the terms of the notes.

Key Points: 
  • The redemption date is February 4, 2021, and the applicable redemption price is equal to par plus a make-whole premium, plus accrued and unpaid interest thereon to, but not including, the redemption date, in accordance with the terms of the notes.
  • As of the date hereof, there was $350,000,000 aggregate principal amount of notes outstanding.
  • Digital Realty supports the world's leading enterprises and service providers by delivering the full spectrum of data center, colocation and interconnection solutions.
  • To learn more about Digital Realty, please visit digitalrealty.com or follow us on LinkedIn and Twitter .

Xcel Energy Announces Redemption of Outstanding 2.40% Senior Notes, Series Due March 15, 2021

Retrieved on: 
Tuesday, January 5, 2021
Alternative energy, Energy, Other Energy, Utilities, Xcel Energy, Redemption value, Companies

Xcel Energy Inc. (NASDAQ: XEL) announced today that it has submitted a redemption notice to the trustee to redeem all of its outstanding 2.40% Senior Notes, Series due March 15, 2021 (Notes), on February 16, 2021 (Redemption Date).

Key Points: 
  • Xcel Energy Inc. (NASDAQ: XEL) announced today that it has submitted a redemption notice to the trustee to redeem all of its outstanding 2.40% Senior Notes, Series due March 15, 2021 (Notes), on February 16, 2021 (Redemption Date).
  • The redemption price is the outstanding principal amount of the Notes, plus accrued and unpaid interest to the Redemption Date.
  • This press release does not constitute a notice of redemption of the Notes.
  • Xcel Energy (NASDAQ: XEL) provides the energy that powers millions of homes and businesses across eight Western and Midwestern states.

Pulse Biosciences, Inc. Announces Redemption of Warrants

Retrieved on: 
Tuesday, January 5, 2021
Biotechnology, General Health, Medical devices, Other Health, Health, Corporate finance, Equity securities, Options, Finance, Money, Warrant, Redemption value, Redemption, Economy

333-237577), and that remain unexercised at 6:30 p.m., Eastern time, on February 5, 2021 (the Redemption Date) for a redemption price of $0.01 per Warrant (the Redemption Price).

Key Points: 
  • 333-237577), and that remain unexercised at 6:30 p.m., Eastern time, on February 5, 2021 (the Redemption Date) for a redemption price of $0.01 per Warrant (the Redemption Price).
  • The Warrants may be exercised by the holders thereof until 6:30 p.m. Eastern time on the Redemption Date at the exercise price of $7.01 per share of Common Stock.
  • Any Warrants that remain unexercised at 6:30 p.m. Eastern time on the Redemption Date will be void and no longer exercisable, and the holders of those Warrants will be entitled to receive only the redemption price of $0.01 per Warrant.
  • Questions concerning redemption and exercise of the Warrants can be directed to Broadridge Corporate Issuer Solutions, Inc., Attn: BCIS Re-Organization Dept., P.O.

Lamar Advertising Company Announces Conditional Redemption of 5 3/4% Senior Notes Due 2026

Retrieved on: 
Monday, January 4, 2021
Albums, Redemption value, Redemption

The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.

Key Points: 
  • The redemption will be made in accordance with the terms of the indenture governing the Notes and the terms of the notice of redemption.
  • If the Financing Condition is met, Lamar Media expects to redeem the Notes on the Redemption Date at a redemption price equal to 102.875% of the aggregate principal amount of the outstanding Notes, plus accrued and unpaid interest to (but not including) the Redemption Date (the Redemption Price).
  • Assuming the Financing Condition is met, the Redemption Price will be due and payable on the Redemption Date upon surrender of the Notes.
  • A notice of redemption is being delivered to all registered holders of the Notes by The Bank of New York Mellon Trust Company, N.A., the trustee for the Notes (the Trustee).

General Finance Corporation Announces Redemption of Remaining 8.125% Senior Notes Due 2021

Retrieved on: 
Wednesday, December 16, 2020
Contract law, Redemption value, Accrual, Indenture

PASADENA, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that it will redeem its remaining outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).

Key Points: 
  • PASADENA, Calif., Dec. 16, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that it will redeem its remaining outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).
  • On January 15, 2021 (the Redemption Date) the Company will redeem the remaining $11.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes.
  • The redemption price will be $25 per Note (equal to 100% of the Notes original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date.
  • Beneficial holders of the Notes with any questions should contact the brokerage firm or financial institution through which they hold the Notes.

RioCan Real Estate Investment Trust Announces Redemption of Series R Unsecured Debentures

Retrieved on: 
Wednesday, December 9, 2020
Finance, Money, Sports, Corporate finance, Debenture, Debt, RioCan Real Estate Investment Trust, Redemption value, Investment trust, Trust Indenture Act, Redemption, Accrual

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, Dec. 09, 2020 (GLOBE NEWSWIRE) -- RioCan Real Estate Investment Trust (RioCan or the Trust) (TSX: REI.UN) today announced that it is issuing a notice of redemption to holders of its $250 million, 3.716% Series R senior unsecured debentures due December 13, 2021 (the Debentures).
  • The Debentures will be redeemed in full on January 15, 2021 (the Redemption Date) in accordance with their terms.
  • Pursuant to the terms of the trust indenture governing the Debentures, the Debentures will be redeemed at a redemption price equal to the greater of the Canada Yield Price and par, together in each case with accrued and unpaid interest to the Redemption Date.
  • The aggregate redemption price payable by RioCan on the Redemption Date is approximately $256,745,000 plus accrued interest of $839,918.

Global Ship Lease Announces Mandatory Partial Redemption of 9.875% First Priority Secured Notes Due 2022

Retrieved on: 
Friday, November 27, 2020
Bond market, Contract law, Indenture, New York Stock Exchange, Redemption value, New York City

LONDON, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company) today announced that it has sent notice of mandatory partial redemption of its 9.875% First Priority Secured Notes due 2022 (the Notes) to holders of the Notes.

Key Points: 
  • LONDON, Nov. 27, 2020 (GLOBE NEWSWIRE) -- Global Ship Lease, Inc. (NYSE: GSL) (the Company) today announced that it has sent notice of mandatory partial redemption of its 9.875% First Priority Secured Notes due 2022 (the Notes) to holders of the Notes.
  • The Mandatory Partial Redemption is being made pursuant to requirements set forth in the indenture governing the Notes that requires the Company to redeem Notes.
  • Notes and portions of Notes selected for redemption will be in principal amounts of $200,000 or integral multiples of $1,000 in excess of $200,000.
  • Upon completion of the Mandatory Partial Redemption, approximately $233,436,000 aggregate principal amount of the Notes will remain outstanding.

General Finance Corporation Announces Partial Redemption of 8.125% Senior Notes Due 2021

Retrieved on: 
Monday, November 23, 2020
Finance, Contract law, Money, Redemption value, NASDAQ, Accrual, Indenture, Financial markets

PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).

Key Points: 
  • PASADENA, Calif., Nov. 23, 2020 (GLOBE NEWSWIRE) -- General Finance Corporation (NASDAQ:GFN), a leading specialty rental services company offering portable storage, modular space and liquid containment solutions (the Company), announced today that it will partially redeem its outstanding 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).
  • On December 23, 2020 (the Redemption Date) the Company will redeem $8.6 million of the issued and outstanding principal amount of the Notes in accordance with the optional redemption provisions in the indenture governing the Notes.
  • The redemption price will be $25 per Note (equal to 100% of the Notes original principal amount), plus accrued and unpaid interest through, but excluding, the Redemption Date.
  • Beneficial holders of the Notes with any questions should contact the brokerage firm or financial institution through which they hold the Notes.

Waste Management Announces the Redemption of Senior Notes Due In 2021

Retrieved on: 
Tuesday, November 3, 2020
Alternative energy, Energy, Environment, Waste management, Redemption value, Waste management, Container deposit legislation, Recycling in the United States, Real property law, Companies, Recycling

Waste Management (NYSE: WM) announced today that it will redeem the entire outstanding principal amount of its 4.60% Senior Notes due 2021 (the Notes).

Key Points: 
  • Waste Management (NYSE: WM) announced today that it will redeem the entire outstanding principal amount of its 4.60% Senior Notes due 2021 (the Notes).
  • The redemption date for the Notes is December 3, 2020 (the Redemption Date).
  • The redemption price for the Notes is equal to 100% of the aggregate principal amount of the Notes, plus accrued and unpaid interest on the Notes to, but not including, the Redemption Date.
  • Waste Management, based in Houston, Texas, is the leading provider of comprehensive waste management environmental services in North America.