Redemption value

Constellation Brands Announces Full Redemption of Senior Floating Rate Notes Due 2021

Retrieved on: 
Friday, October 30, 2020
Financial markets, Finance, Money, STZ, Redemption value, Maturity, Constellation Brands, CUSIP

VICTOR, N.Y., Oct. 30, 2020 (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 Senior Floating Rate Notes due 2021 (CUSIP Number:21036PBA5) (the "notes") to be effected on November30, 2020 (the "redemption date").

Key Points: 
  • VICTOR, N.Y., Oct. 30, 2020 (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 Senior Floating Rate Notes due 2021 (CUSIP Number:21036PBA5) (the "notes") to be effected on November30, 2020 (the "redemption date").
  • As of October 30, 2020, there were $650.0 million in aggregate principal amount of the notes outstanding.
  • The redemption price for the notes, payable in cash, will be equal to 100% of the principal amount of the notes, together with accrued and unpaid interest to, but excluding, the redemption date.
  • Constellation Brands is an international producer and marketer of beer, wine and spirits with operations in the U.S., Mexico, New Zealand, and Italy.

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

Retrieved on: 
Thursday, October 29, 2020
Finance, Contract law, Money, Economy of New York City, NASDAQ, Financial markets, Indenture, Redemption value, Accrual

PASADENA, Calif., Oct. 29, 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 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).

Key Points: 
  • PASADENA, Calif., Oct. 29, 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 8.125% Senior Notes due July 2021 (NASDAQ:GFNSL) (the Notes).
  • On November 30, 2020 (the Redemption Date) the Company will redeem $57.2 million of the $77.4 million 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.

RiverNorth Specialty Finance Corporation* Announces Final Results of Repurchase Offer

Retrieved on: 
Thursday, October 15, 2020
Professional services, Finance, DST Systems, N-Shares, Repurchase agreement, Redemption value, Companies, Economy, Corporate finance, Finance

RiverNorth Specialty Finance Corporation (the Fund) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5%, or 273,138 of its outstanding common shares.

Key Points: 
  • RiverNorth Specialty Finance Corporation (the Fund) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5%, or 273,138 of its outstanding common shares.
  • The repurchase offer expired at 5:00 P.M. Eastern Time on October 14, 2020.
  • Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 4,474,028 shares were submitted for redemption and 273,138 shares were repurchased.
  • The information agent for the repurchase offer is DST Systems, Inc. Any questions with regard to the tender offer may be directed to the information agent toll-free at 844-569-4750.

MagnaChip Completes Redemption of 6.625% Senior Notes due 2021

Retrieved on: 
Tuesday, October 6, 2020
Redemption value, Articles, Internet of things, Science and technology, Technology

SEOUL, South Korea, Oct. 6, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it completed the redemption of all of its 6.625% Senior Notes due 2021 (the "2021 Notes") on October 2, 2020 (the "Redemption Date").

Key Points: 
  • SEOUL, South Korea, Oct. 6, 2020 /PRNewswire/ -- MagnaChip Semiconductor Corporation ("MagnaChip" or the "Company") (NYSE: MX) today announced that it completed the redemption of all of its 6.625% Senior Notes due 2021 (the "2021 Notes") on October 2, 2020 (the "Redemption Date").
  • The Company paid approximately $227.4 million to fully redeem all of the outstanding $224.25million aggregate principal amount of the 2021 Notes at a redemption price equal to the sum of 100% of the principal amount thereof, plus accrued and unpaid interest thereon to, but excluding, the Redemption Date.
  • MagnaChip is a designer and manufacturer of analog and mixed-signal semiconductor platform solutions for communications, IoT, consumer, industrial and automotive applications.
  • Information on or accessible from MagnaChip's website is not a part of, and is not incorporated into, this release.

W. R. Berkley Corporation Calls 5.625% Subordinated Debentures Due 2053 for Redemption

Retrieved on: 
Monday, September 21, 2020
Professional services, Insurance, Finance, Finance, Money, Sports, Corporate finance, Debenture, Debt, WRB, Redemption value

W. R. Berkley Corporation (NYSE:WRB) (the Company) announced today that, as contemplated in its recent offering of $250 million aggregate principal amount of 4.25% Subordinated Debentures due 2060, it will redeem the remaining $150,000,000 aggregate principal amount of its 5.625% Subordinated Debentures due 2053 (CUSIP No.

Key Points: 
  • W. R. Berkley Corporation (NYSE:WRB) (the Company) announced today that, as contemplated in its recent offering of $250 million aggregate principal amount of 4.25% Subordinated Debentures due 2060, it will redeem the remaining $150,000,000 aggregate principal amount of its 5.625% Subordinated Debentures due 2053 (CUSIP No.
  • 084423 409) (the Debentures).
  • The redemption date will be October 21, 2020, and the redemption price will equal the principal amount plus accrued and unpaid interest to, but excluding, the date of redemption.
  • Details concerning the redemption price and the other terms and conditions of the redemption will be more fully described in a Notice of Redemption being provided to registered holders of the Debentures by The Bank of New York Mellon, as trustee.

SEACOR HOLDINGS INC. COMPLETES REDEMPTION OF 3% CONVERTIBLE NOTES DUE 2028

Retrieved on: 
Tuesday, September 15, 2020
Geography of Florida, SEACOR Holdings, CKH, Florida, Fort Lauderdale, Florida, Redemption value

FORT LAUDERDALE, Fla., Sept. 15, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (SEACOR or the Company) today announced that it has completed the redemption of all of the remaining $34,482,000 aggregate outstanding principal amount of its 3% Convertible Senior Notes due 2028 (the Notes).

Key Points: 
  • FORT LAUDERDALE, Fla., Sept. 15, 2020 (GLOBE NEWSWIRE) -- SEACOR Holdings Inc. (NYSE:CKH) (SEACOR or the Company) today announced that it has completed the redemption of all of the remaining $34,482,000 aggregate outstanding principal amount of its 3% Convertible Senior Notes due 2028 (the Notes).
  • The redemption price for the Notes was an amount equal to 100% of the principal amount of the Notes, plus accrued and unpaid interest from the most recent payment date to the date of redemption.
  • SEACOR is a diversified holding company with interests in domestic and international transportation and logistics, crisis and emergency management, and clean fuel and power solutions.
  • For additional information, contact SEACOR at (954) 523-2200, e-mail SEACOR at [email protected] or visit SEACORs website at www.seacorholdings.com.

Digital Realty Announces Redemption of 4.750% Guaranteed Notes due 2023

Retrieved on: 
Monday, September 14, 2020
Data centers, Finance, Banks, Investment, Internet architecture, Redemption value, Digital Realty, Deutsche Bank, Colocation centre

The redemption date is October 14, 2020, 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.

Key Points: 
  • The redemption date is October 14, 2020, 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.
  • As of the date hereof, there was 300,000,000 aggregate principal amount of the 4.750% notes outstanding.
  • Deutsche Trustee Company Limited is the trustee and Deutsche Bank AG, London Branch is the paying agent for 4.750% notes.
  • Digital Realty supports the data center, colocation and interconnection strategies of customers across the Americas, EMEA and APAC, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products.

BlackBerry Announces Proposed Redemption of Existing Convertible Debentures and Issuance of New Convertible Debentures

Retrieved on: 
Wednesday, July 22, 2020
Finance, Money, Sports, BlackBerry, Science and technology in Canada, Debenture, Redemption value

BlackBerry intends to redeem the entire outstanding principal amount of the 3.75% Debentures on or about September 1, 2020 (the "Redemption Date") at a redemption price of 101.6854% of the outstanding principal amount of the 3.75% Debentures.

Key Points: 
  • BlackBerry intends to redeem the entire outstanding principal amount of the 3.75% Debentures on or about September 1, 2020 (the "Redemption Date") at a redemption price of 101.6854% of the outstanding principal amount of the 3.75% Debentures.
  • The redemption price includes all of BlackBerry's obligations in respect of principal and interest, and no additional amounts will be payable under the 3.75% Debentures.
  • BlackBerry may revoke the redemption notice at any time prior to the close of business on the business day prior to the Redemption Date.
  • Based on the conversion price, BlackBerry expects that none of the 3.75% Debentures will be converted.

RiverNorth Specialty Finance Corporation* Announces Final Results of Repurchase Offer

Retrieved on: 
Thursday, July 9, 2020
Professional services, Finance, DST Systems, Repurchase agreement, N-Shares, Redemption value, Companies, Economy, Corporate finance

RiverNorth Specialty Finance Corporation (the Fund) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5%, or 288,741 of its outstanding common shares.

Key Points: 
  • RiverNorth Specialty Finance Corporation (the Fund) (NYSE: RSF), a closed-end fund, announced the final results of its repurchase offer for up to 5%, or 288,741 of its outstanding common shares.
  • The repurchase offer expired at 5:00 P.M. Eastern Time on July 8, 2020.
  • Based on information provided by DST Systems, Inc., the depositary for the repurchase offer, a total of 4,276,657 shares were submitted for redemption and 288,741 shares were repurchased.
  • The information agent for the repurchase offer is DST Systems, Inc. Any questions with regard to the tender offer may be directed to the information agent toll-free at 844-569-4750.

BGC Announces Offering Of Senior Notes

Retrieved on: 
Wednesday, July 8, 2020
BGC Partners, Stock market, Security, Repurchase agreement, BGC, Redemption value, Companies

NEW YORK, July 8, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company") today announced its intention to commence an offering of senior unsecured notes, subject to market conditions and other factors.

Key Points: 
  • NEW YORK, July 8, 2020 /PRNewswire/ -- BGC Partners, Inc. (NASDAQ: BGCP) ("BGC Partners" or "BGC" or the "Company") today announced its intention to commence an offering of senior unsecured notes, subject to market conditions and other factors.
  • The notes are to be offered and sold in a private offering exempt from the registration requirements under the Securities Act of 1933, as amended (the "Securities Act").
  • BGC intends to use the net proceeds to repurchase, redeem and/or repay at maturity all $300.0 million outstanding aggregate principal amount of its 5.125% Senior Notes due 2021, including to pay the applicable redemption premium.
  • Except as required by law, BGC undertakes no obligation to update any forward-looking statements.