Metallism

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.

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.