Callable bond

DGAP-News: Fiven ASA: Notice in regards to bonds SE0012453850

Thursday, June 10, 2021 - 5:04pm

Fiven ASA ("Fiven") hereby announces that Fiven's up to EUR 100,000,000 senior secured callable floating rate bonds with ISIN SE0012453850 (the "Bonds"), will be redeemed in advance in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds.

Key Points: 
  • Fiven ASA ("Fiven") hereby announces that Fiven's up to EUR 100,000,000 senior secured callable floating rate bonds with ISIN SE0012453850 (the "Bonds"), will be redeemed in advance in accordance with Clause 9.3 (Voluntary total redemption (call option)) of the terms and conditions of the Bonds.
  • of the Nominal Amount, plus accrued but unpaid Interest up to (and including) the applicable redemption date.
  • The redemption amount will be paid to the Bondholders holding Bonds on the applicable record date (being 1 July 2021).
  • This information is information that Fiven ASA is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act.

UScellular Announces Pricing of $500 Million of 5.500% Senior Notes due 2070

Tuesday, May 11, 2021 - 1:30pm

b'CHICAGO, May 11, 2021 /PRNewswire/ --United States Cellular Corporation (NYSE: USM) ("UScellular") announced today the pricing of an underwritten public offering of $500 million aggregate principal amount of its 5.500% Senior Notes due 2070.

Key Points: 
  • b'CHICAGO, May 11, 2021 /PRNewswire/ --United States Cellular Corporation (NYSE: USM) ("UScellular") announced today the pricing of an underwritten public offering of $500 million aggregate principal amount of its 5.500% Senior Notes due 2070.
  • The notes will be callable at par on and after June 1, 2026.
  • Information about the offering of the notes is available in the prospectus supplement to be filed by UScellular with the SEC.
  • The offering is being made under UScellular\'s registration statement filed with the SEC and only by means of the prospectus supplement and the accompanying prospectus.

Orexo contemplates issue of senior unsecured callable floating rate bonds

Monday, February 1, 2021 - 7:17am

The proceeds from the New Bonds will be applied towards repayment in full of the Existing Bonds (as defined below) and general corporate purposes, to further strengthen the Company's capacity and flexibility for future investments.

Key Points: 
  • The proceeds from the New Bonds will be applied towards repayment in full of the Existing Bonds (as defined below) and general corporate purposes, to further strengthen the Company's capacity and flexibility for future investments.
  • In connection with the issue of the New Bonds, and subject to a successful issue of the New Bonds, the Company may offer holders of its outstanding senior unsecured callable floating rate bonds (ISIN: SE0010494450) maturing on 13 November 2021 (the "Existing Bonds") to subscribe for the New Bonds, while the Company may repurchase such holders' Existing Bonds at a premium.
  • Subject to completion of the bond issue, the Company will give a notice of voluntary early redemption of all Existing Bonds which are not repurchased, in accordance with the terms and conditions of the Existing Bonds.
  • This information is information that Orexo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

Orexo contemplates issue of senior unsecured callable floating rate bonds

Monday, February 1, 2021 - 7:15am

The proceeds from the New Bonds will be applied towards repayment in full of the Existing Bonds (as defined below) and general corporate purposes, to further strengthen the Company's capacity and flexibility for future investments.

Key Points: 
  • The proceeds from the New Bonds will be applied towards repayment in full of the Existing Bonds (as defined below) and general corporate purposes, to further strengthen the Company's capacity and flexibility for future investments.
  • In connection with the issue of the New Bonds, and subject to a successful issue of the New Bonds, the Company may offer holders of its outstanding senior unsecured callable floating rate bonds (ISIN: SE0010494450) maturing on 13 November 2021 (the "Existing Bonds") to subscribe for the New Bonds, while the Company may repurchase such holders' Existing Bonds at a premium.
  • Subject to completion of the bond issue, the Company will give a notice of voluntary early redemption of all Existing Bonds which are not repurchased, in accordance with the terms and conditions of the Existing Bonds.
  • This information is information that Orexo AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation.

TF Bank has successfully issued subordinated Tier 2 bonds

Friday, December 4, 2020 - 1:17pm

STOCKHOLM, Dec. 4, 2020 /PRNewswire/ -- TF Bank AB (publ) ("TF Bank" or the "Company") has issued subordinated Tier 2 bonds in the amount of SEK 100 million with final maturity in December 2030 and first call date in December 2025 (the "New Bonds").

Key Points: 
  • STOCKHOLM, Dec. 4, 2020 /PRNewswire/ -- TF Bank AB (publ) ("TF Bank" or the "Company") has issued subordinated Tier 2 bonds in the amount of SEK 100 million with final maturity in December 2030 and first call date in December 2025 (the "New Bonds").
  • The New Bonds carry a floating rate interest of 3-month Stibor + 550 bps per annum.
  • As a result of the issue of the New Bonds, the Company will repurchase SEK 48 million of its outstanding Tier 2 bonds with first call date on 14 December 2020 (ISIN: SE0007783477) (the "Existing Bonds").
  • TF Bank was founded 1987 and is an internet-based niche bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation.

DGAP-News: CPI Property Group - Financial Results for the Third Quarter of 2020

Tuesday, December 1, 2020 - 8:01am

CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in Berlin, Prague, Warsaw and the CEE region, is pleased to publish unaudited financial results for the third quarter of 2020.

Key Points: 
  • CPI PROPERTY GROUP ("CPIPG" or the "Group"), the leading owner of income-generating real estate in Berlin, Prague, Warsaw and the CEE region, is pleased to publish unaudited financial results for the third quarter of 2020.
  • "CPIPG's excellent performance continues despite uncertainty and new challenges, thanks to the quality of our assets and the expertise of our local teams," said Martin Nemecek, CEO.
  • "CPIPG's Q3 results demonstrate that COVID-19 had a mild impact on CPIPG's business and that our markets are fundamentally sound."
  • versus 30 June 2020;
    - During the third quarter of 2020, the Group issued HUF 30 billion (86 million-equivalent) of 10-year green bonds and 525 million of perpetual hybrid bonds callable in 2026.

Commerzbank to issue additional tier 1 bond

Monday, June 8, 2020 - 1:09pm

Commerzbank AG will issue the first AT1 bond under its new issuance programme for additional tier 1 capital (AT1).

Key Points: 
  • Commerzbank AG will issue the first AT1 bond under its new issuance programme for additional tier 1 capital (AT1).
  • The bond is envisaged to have a volume of 1.25 billion and a fixed coupon of 6,125% per annum.
  • The new bond will have a perpetual maturity and a first call date from October 2025 to April 2026.
  • The bond terms include a temporary write-down in the event that the Bank's Common Equity Tier 1 ratio (CET 1 ratio) drops below 5.125%.

NGL Energy Partners LP Announces $250 Million Term Loan Facility with Certain Funds and Accounts Managed by Affiliates of Apollo Global Management, Inc. to Refinance Its Acquisition Bridge Facility

Thursday, June 4, 2020 - 11:30am

We also appreciate the support of TD in providing the initial facility and for being an important relationship bank in our revolving credit facility.

Key Points: 
  • We also appreciate the support of TD in providing the initial facility and for being an important relationship bank in our revolving credit facility.
  • With its high-quality assets, customer base and management team led by CEO Mike Krimbill, we believe NGL is well positioned for future success.
  • The new term loan has a three-year maturity and is callable after two years at par.
  • Paul Hastings LLP acted as legal counsel to NGL and Vinson & Elkins LLP acted as legal counsel to Apollo Funds.

Shepherd, Smith, Edwards & Kantas: Unsuitable Broker Recommendations of Structured Notes, Including Callable Yield Notes and Autocallable Securities is Causing Investors’ Losses During COVID-19

Monday, April 27, 2020 - 2:43pm

Structured Notes are complex investments that are high risk and not for the average investor.

Key Points: 
  • Structured Notes are complex investments that are high risk and not for the average investor.
  • While brokerage firms typically issue these Notes, these investments are not for investors who are risk-averse, including most retirees or senior investors, nor are they suitable for other unsophisticated retail investors.
  • The majority of these notes pay a coupon or interest rate according to set parameters with the payment defined upon maturity.
  • Aside from auto-callable securities and callable yield notes, other types of structured notes include market linked notes, trigger performance securities, return optimization notes, E-TRACs, strategic return notes, return optimization notes, capped leveraged return notes, Equity Linked Securities (ELKs), Performance Leveraged Upside Securities (PLUS), and target term securities.

DGAP-News: Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment

Monday, April 20, 2020 - 5:03pm

Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment

Key Points: 
  • Arab Petroleum Investments Corporation (APICORP) General Assembly ratifies a Landmark Callable Capital Increase to USD8.5 Billion, Demonstrating Strong Shareholder Support and Long-Term Commitment
    The issuer is solely responsible for the content of this announcement.
  • The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced today that its General Assembly ratified a landmark increase in callable capital to USD8.5 billion at its Annual General Meeting (AGM), as well as a significant increase in authorized and subscribed capital.
  • The increase in the capital reinforces long-term commitment towards APICORP's sustainable growth plans for the benefit of its member countries.
  • The callable capital increase further bolsters APICORP's financial sustainability and resiliency and its overall financial position.