Convertibility

FTLife launches "Protect Starter" Critical Illness Protector

Retrieved on: 
Monday, August 22, 2022
Severity, Cancer, Jean-Louis Vincent, Life, Death, Debt, FTLife, Plan, USD, NWS Holdings, Diagnosis, Health, Convertibility, Quality of life, Marriage, Stroke, Company, History, Disease, Group, Income, Health insurance, Life insurance, Insurance, Policy

Today, it is announcing the launch of "Protect Starter" Critical Illness Protector ("Protect Starter"), which is aimed at young people and first-time insurance buyers.

Key Points: 
  • Today, it is announcing the launch of "Protect Starter" Critical Illness Protector ("Protect Starter"), which is aimed at young people and first-time insurance buyers.
  • In case more than one Critical Illness is diagnosed in the same accident / illness, we will only pay the benefit relating to one of those Critical Illness for which the highest benefit amount is payable.
  • Please refer to the policy contract for details of full terms and conditions about "Protect Starter" Critical Illness Protector.
  • -- "Protect Starter" Critical Illness Protector may serve as standalone plan(s) without bundling with other type(s) of insurance product.

Re-N-Vision Awarded Department of Energy Grant to Test and Develop Blue Biofuels’ CTS Technology in Equitable Energy Transition

Retrieved on: 
Thursday, August 4, 2022
Private Securities Litigation Reform Act, Ethanol, Efficiency, Convertibility, PALM, SBIR, Paper, Missouri Department of Social Services, Resin, D3, U.S. Department of Defense Strategy for Operating in Cyberspace, Environmental protection, Wood, Missouri Department of Agriculture, Sugar, OTCQB, Company, Energy efficiency, Solution, Lignin, Industry, U.S. Department of Energy, Office of Inspector General, Blue, Program, Technology, Forward-looking statement, BEACH, GLOBE, Income, WBE, CTS, Biofuel, LLC, MBE, Renewable energy, Recycling

The grant was awarded under the Energy Efficiency and Renewable Energy Funding Program joint topic Community-Driven Solutions for a Just and Equitable Energy Transition.

Key Points: 
  • The grant was awarded under the Energy Efficiency and Renewable Energy Funding Program joint topic Community-Driven Solutions for a Just and Equitable Energy Transition.
  • The CTS technology of Blue Biofuels is chosen by Re-N-Vision to test the processing of agricultural and cellulosic waste into bioproducts.
  • The Phase I project will utilize Blue Biofuels CTS technology to process samples of agricultural and cellulosic waste to ascertain convertibility, yield and efficiency of these new specific feedstocks.
  • Blue Biofuels Cellulose to Sugar (CTS) technology is an environmentally friendly, sustainable, and 100% renewable green energy system.

Webtel.mobi Describes Impassable Barriers to Proposed CBDC Creation – Already Transcended by Its TUV Digital Currency

Retrieved on: 
Friday, October 8, 2021
Person, Agitation, Community business development corporation, Central, Convertibility, ST, Central bank digital currency, International Monetary Fund, Artificial Intelligence System, Government debt, Digital, Digital currency, Fiat, UN Security Council Sanctions Committee on North Korea, TUV, SDR, Retail, United Nations Security Council, UN, Balance of payments, Virtual currency, Instability, Commercial bank, GLOBE, Tech, Failure, Population, Foreign exchange market, Public sector banks in India, International lender of last resort, CBDC, Tokenization, WM, Mastercard, Maintenance, Decision-making, Metastability, South Korean IMF (International Monetary Fund) Agreement,1997, Commercial, Global Exchange, Central bank, Knowledge, Tuv, Artificial intelligence systems integration, Element, Acquisition, CB Bank, Visa, Cryptocurrency, Bank

A primary question re: CBDC creation is therefore: what are its adherents trying to create and why because Central Bank Digital Money already exists?

Key Points: 
  • A primary question re: CBDC creation is therefore: what are its adherents trying to create and why because Central Bank Digital Money already exists?
  • The second variation is a Retail CBDC, which would be Central Bank issued Digital Money issued to, accessible to, and usable by the public.
  • WMs TUV Digital Currency has extreme security features built into it that are unique to each TUV.
  • WMs TUV provides full Global acquisition, storage, transfer, payment, Convertibility between currencies, convertibility back to a Fiat currency, return to bank accounts and various other essential requirements for a functional Global Digital Currency.

Atlanticus Announces Full Redemption of 5.875% Convertible Senior Notes due 2035

Retrieved on: 
Thursday, June 17, 2021
Financial markets, Finance, Money, Convertibility, Foreign exchange market, Metallism, Redemption value, Convertible security, Corporate finance

ATLANTA, June 17, 2021 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a technology-enabled financial services company, today announced that it has provided notice of redemption of all $16.5 million aggregate principal amount of its outstanding 5.875% convertible senior notes due 2035.

Key Points: 
  • ATLANTA, June 17, 2021 (GLOBE NEWSWIRE) -- Atlanticus Holdings Corporation (NASDAQ: ATLC) (Atlanticus, the Company, we, our or us), a technology-enabled financial services company, today announced that it has provided notice of redemption of all $16.5 million aggregate principal amount of its outstanding 5.875% convertible senior notes due 2035.
  • The notes are redeemable at a cash redemption price equal to 100% of the principal amount of the notes outstanding.
  • Holders of the notes have the right to convert the notes called for redemption no later than 5:00 p.m., E.T.
  • This press release contains forward-looking statements that reflect the Company's current views with respect to, among other things, its plans to redeem its 5.875% convertible senior notes due 2035.

Ivanhoe Mines Announces Offering of US$500 Million Convertible Senior Notes

Retrieved on: 
Thursday, March 11, 2021
Money, Finance, Debt, Convertibility, Foreign exchange market, Metallism, Arrears, Convertible security, Economy, Ivanhoe Mines

Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 11, 2021) - Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) (the "company") today announced that it has commenced a private placement offering of US$500,000,000 aggregate principal amount of convertible senior notes due 2026 (the "Notes" and the "Offering").
  • The Notes will accrue interest payable semi-annually in arrears and will mature on April 15, 2026, unless earlier repurchased, redeemed or converted.
  • The Notes will not be redeemable at the company's option prior to April 22, 2024, except upon the occurrence of certain tax law changes.
  • The interest rate, initial conversion rate and other terms of the Notes will be determined at the time of pricing of the Offering.

Tyler Technologies, Inc. Prices Offering of $525 Million Convertible Senior Notes due 2026

Retrieved on: 
Friday, March 5, 2021
Data management, Public policy, Government, State, Local, Technology, Other Technology, Software, Money, Convertible security, Convertibility, Corporate finance

Tyler will not issue any convertible senior notes due 2028.

Key Points: 
  • Tyler will not issue any convertible senior notes due 2028.
  • Tyler also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $75,000,000 aggregate principal amount of Notes.
  • The Notes will mature on March 15, 2026, unless earlier repurchased, redeemed or converted.
  • Before September 15, 2025, holders of the Notes will have the right to convert their Notes only upon the occurrence of certain events.

BridgeBio Pharma, Inc. Announces Proposed Offering of $400 Million Convertible Senior Notes

Retrieved on: 
Monday, January 25, 2021
Money, Convertible security, Option, Convertibility, Economy, Financial markets, Corporate finance

In connection with the offering, the Company expects to grant the initial purchasers an option to purchase up to an additional $60 million aggregate principal amount of notes.

Key Points: 
  • In connection with the offering, the Company expects to grant the initial purchasers an option to purchase up to an additional $60 million aggregate principal amount of notes.
  • The notes will bear interest semi-annually and will mature on February 1, 2029, unless earlier converted, redeemed or repurchased.
  • Prior to November 1, 2028, the notes will be convertible only upon satisfaction of certain conditions and during certain periods.
  • Thereafter, the notes will be convertible at any time until the close of business on the second scheduled trading day immediately preceding the maturity date.

goeasy Ltd. Announces the Redemption of its Outstanding 5.75% Convertible Debentures

Retrieved on: 
Monday, June 29, 2020
Economy, Money, Finance, Corporate finance, Debenture, Convertible bond, Convertibility, Convertible security

As set out in the notice of redemption, the Company intends to redeem all of the Convertible Debentures issued and outstanding on July 31, 2020 (the "Redemption Date").

Key Points: 
  • As set out in the notice of redemption, the Company intends to redeem all of the Convertible Debentures issued and outstanding on July 31, 2020 (the "Redemption Date").
  • The Convertible Debentures are redeemable at a redemption price equal to their principal amount, plus accrued and unpaid interest thereon up to, but excluding, the Redemption Date.
  • As of the close of business on June 28, 2020, there was $43,806,000 principal amount of Convertible Debentures issued and outstanding.
  • common shares are listed on the TSX under the trading symbol GSY and goeasys convertible debentures are traded on the TSX under the trading symbol GSY-DB.

Harmonic Inc. Announces Exchange of Convertible Notes

Retrieved on: 
Friday, May 29, 2020
Economy, Money, Convertibility, Foreign exchange market, Metallism, Promissory note

SAN JOSE, Calif., May 29, 2020 /PRNewswire/ --Harmonic Inc. ("Harmonic") (NASDAQ: HLIT) today announced that it has entered into separate privately negotiated transactions to exchange approximately $36.8 million in aggregate principal amount of its 4.00% Convertible Senior Notes due 2020 (the "Existing Notes") for approximately $36.8 million in aggregate principal amount of 4.375% Convertible Senior Notes due 2022 (the "Exchange Notes" and such transactions, the "Exchange").

Key Points: 
  • SAN JOSE, Calif., May 29, 2020 /PRNewswire/ --Harmonic Inc. ("Harmonic") (NASDAQ: HLIT) today announced that it has entered into separate privately negotiated transactions to exchange approximately $36.8 million in aggregate principal amount of its 4.00% Convertible Senior Notes due 2020 (the "Existing Notes") for approximately $36.8 million in aggregate principal amount of 4.375% Convertible Senior Notes due 2022 (the "Exchange Notes" and such transactions, the "Exchange").
  • Each $1,000 principal amount of Existing Notes will be exchanged for $1,000 principal amount of Exchange Notes.
  • The Exchange Notes will be senior, unsecured obligations of Harmonic and will bear interest at a rate of 4.375% per year.
  • The Exchange Notes will mature on December 1, 2022, unless earlier converted, redeemed or repurchased in accordance with the terms of the Exchange Notes.

Health Catalyst, Inc. Prices Upsized Offering of $200 Million 2.50% Convertible Senior Notes Due 2025

Retrieved on: 
Thursday, April 9, 2020
Convertible security, Convertibility

The offering was upsized from the previously announced offering of $175.0 million aggregate principal amount of notes.

Key Points: 
  • The offering was upsized from the previously announced offering of $175.0 million aggregate principal amount of notes.
  • In connection with the offering, the Company granted the initial purchasers an option to purchase up to an additional $30.0 million aggregate principal amount of notes.
  • The notes will mature on April 15, 2025, unless earlier converted, repurchased or redeemed in accordance with their terms.
  • Prior to October 15, 2024, the notes will be convertible only upon satisfaction of certain conditions and during certain periods.