Architecture of the United Kingdom

Bonanza Creek and HighPoint Resources Commence Exchange Offer and Consent Solicitation for Senior Notes of HighPoint Operating Corporation

Retrieved on: 
Wednesday, February 10, 2021

DENVER, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (Bonanza Creek or the Company) and HighPoint Resources Corporation (HighPoint) (NYSE: HPR) today announced that Bonanza Creek has commenced offers to exchange (each, an Exchange Offer and, collectively, the Exchange Offers) shares of its common stock and newly issued 7.5% Senior Notes due 2026 (the Bonanza Creek Senior Notes) for any and all of the 7.0% Senior Notes due October 15, 2022 (the 2022 Notes) of HighPoint Operating Corporation (HighPoint OpCo) and the 8.75% Senior Notes due June 15, 2025 of HighPoint OpCo (the 2025 Notes and, together with the 2022 Notes, the HighPoint Senior Notes).

Key Points: 
  • DENVER, Feb. 10, 2021 (GLOBE NEWSWIRE) -- Bonanza Creek Energy, Inc. (NYSE: BCEI) (Bonanza Creek or the Company) and HighPoint Resources Corporation (HighPoint) (NYSE: HPR) today announced that Bonanza Creek has commenced offers to exchange (each, an Exchange Offer and, collectively, the Exchange Offers) shares of its common stock and newly issued 7.5% Senior Notes due 2026 (the Bonanza Creek Senior Notes) for any and all of the 7.0% Senior Notes due October 15, 2022 (the 2022 Notes) of HighPoint Operating Corporation (HighPoint OpCo) and the 8.75% Senior Notes due June 15, 2025 of HighPoint OpCo (the 2025 Notes and, together with the 2022 Notes, the HighPoint Senior Notes).
  • In connection with the Exchange Offers, HighPoint is soliciting, on behalf of HighPoint OpCo, consents (each, a Consent Solicitation and together, the Consent Solicitations) to certain proposed amendments to the indentures governing the HighPoint Senior Notes (the Consents) from all eligible holders of the HighPoint Senior Notes.
  • If greater than 97.5% of HighPoint Senior Notes are validly tendered and accepted in the Exchange Offers, holders will receive a higher principal amount of Bonanza Creek Senior Notes upon proration of the aggregate principal amount of Bonanza Creek Senior Notes equal to $100 million minus the total principal amount of HighPoint Senior Notes not validly tendered and accepted in the Exchange Offers (the Notes Consideration).
  • If 97.5% of the aggregate principal amount outstanding of HighPoint Senior Notes are exchanged in the Exchange Offers, $84,375,000 aggregate principal amount of Bonanza Creek Senior Notes will be issued and $15,625,000 aggregate principal amount of HighPoint Senior Notes will remain outstanding.

Solay App for Hotels & Resorts Announces API Integration with Mews

Retrieved on: 
Monday, August 3, 2020

SAN DIEGO, Aug. 3, 2020 /PRNewswire/ -- Resort Technologies, LLC, proudly announces their product, Solay App , is now integrated with Mews through an open API connection to the Mews Marketplace.

Key Points: 
  • SAN DIEGO, Aug. 3, 2020 /PRNewswire/ -- Resort Technologies, LLC, proudly announces their product, Solay App , is now integrated with Mews through an open API connection to the Mews Marketplace.
  • The API integration between Solay App and Mews allows Hotels & Resorts to access the Solay service through the Mews Marketplace.
  • Hoteliers can now find Solay in the Mews Marketplace where Mews provides its hotels powerful hospitality integrations offered to automate Hotel operations and generate more revenue.
  • In partnership with Mews, Solay aims to automate hotel operations by offering contactless use of the Solay service, while generating additional revenue for hotels and resorts.

HighPoint Adds Experienced Vice President to Lead Business Development

Retrieved on: 
Wednesday, October 16, 2019

Serving as vice president of business development, Granberry will be responsible for leading and managing the business development infrastructure to achieve the companys organic growth objectives.

Key Points: 
  • Serving as vice president of business development, Granberry will be responsible for leading and managing the business development infrastructure to achieve the companys organic growth objectives.
  • HighPoint has an outstanding reputation as a valuable government partner working on a variety of complex IT and citizen services programs, said Granberry.
  • I look forward to working with the team to support HighPoint's growth goals and build the companys portfolio of business across multiple capabilities.
  • HighPoint is a privately held company founded in 2006 with 300 employees across offices in Indianapolis, Indiana; Baltimore, Maryland; and Herndon, Virginia.