Fixed-income securities

Andina Gold Corp. Announces Completion of Private Placement

Retrieved on: 
Wednesday, July 7, 2021

DENVER, July 7, 2021 /PRNewswire/ -- Andina Gold Corp. (the "Company") today announced the completion of a non-brokered private placement (the "Private Placement") of units ("Units") to accredited investors at a price of $1,000 per Unit.

Key Points: 
  • DENVER, July 7, 2021 /PRNewswire/ -- Andina Gold Corp. (the "Company") today announced the completion of a non-brokered private placement (the "Private Placement") of units ("Units") to accredited investors at a price of $1,000 per Unit.
  • The Private Placement was accomplished in two tranches, an initial tranche of 3,000 Units and a second tranche (added in response to strong investor interest) of 1,900 Units.
  • Company Chief Executive Officer Christian Noel noted, "The Company has applied the proceeds of the Private Placement to pay for and close its acquisition of the assets of CryoCann USA Corp and to increase the Company's working capital.
  • We take the success of the Private Placement as an indication of investor enthusiasm for CryoCann technologies and their promise for efficiently collecting and conserving pure, high-value plant materials."

DGAP-News: Grünenthal GmbH: Grünenthal announces pricing of bond extension

Retrieved on: 
Wednesday, July 7, 2021

Earlier this year, Grnenthal issued its first ever bond with a sum of 650 million in two tranches.

Key Points: 
  • Earlier this year, Grnenthal issued its first ever bond with a sum of 650 million in two tranches.
  • The extension was made to the Notes with an interest rate of 4.125%, maturing in 2028, which is one of the two tranches of the recently issued bond.
  • The new debt maturity profile and stronger capital structure provide Grnenthal with a solid basis to further pursue its growth strategy.
  • Grnenthal is headquartered in Aachen, Germany, and has affiliates in 29 countries across Europe, Latin America and the US.

Amundi Physical Metals plc: Final Terms

Retrieved on: 
Tuesday, July 6, 2021

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the "Metal Entitlement".
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.
  • Any early or final redemption of the ETC Securities of a Series will be settled in cash.

Amundi Physical Metals plc: Final Terms

Retrieved on: 
Wednesday, June 30, 2021

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the "Metal Entitlement".
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.
  • Any early or final redemption of the ETC Securities of a Series will be settled in cash.

Playground Ventures Announces Closing of First Tranche of Non-brokered Financing

Retrieved on: 
Tuesday, June 29, 2021

The net proceeds of the Offering from the sale of the Units will be used by the Company for general working capital purposes.

Key Points: 
  • The net proceeds of the Offering from the sale of the Units will be used by the Company for general working capital purposes.
  • "Playground offers investors a unique opportunity to participate in a diversified portfolio of cash flow market ready assets and early-stage venture companies.
  • In addition to ThreeD Capital's lead investment into Playground, Mr. Inwentash currently sits on the Company's advisory board.
  • Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available.

WISeKey Secures Growth Capital via Convertible Notes Subscription Agreements for up to $44,000,000 with Global Institutional Investors

Retrieved on: 
Tuesday, June 29, 2021

Zug, Switzerland June 29, 2021 WISeKey International Holding Ltd (WISeKey or Company) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it has signed a Convertible Notes Subscription Agreement for up to $44,000,000 Convertible Notes and a relevant Warrant Agreement with global institutional investors (the Investors).

Key Points: 
  • Zug, Switzerland June 29, 2021 WISeKey International Holding Ltd (WISeKey or Company) (SIX: WIHN, NASDAQ: WKEY), a leading global cybersecurity, AI and IoT company, announced today that it has signed a Convertible Notes Subscription Agreement for up to $44,000,000 Convertible Notes and a relevant Warrant Agreement with global institutional investors (the Investors).
  • Under the terms of both Convertible Notes Subscription Agreements with similar terms, WISeKey will issue an initial convertible note in the aggregate principal amount of $22,000,000 for subscription by the Investors.
  • Additionally, WISeKey has the right to request the Investors to subscribe for four additional notes tranches, each in the aggregate principal total amount of $5,500,000, at the date and time determined by WISeKey.
  • The Fixed Conversion Price is CHF 4.00 for the first 25% of the Convertible Notes of the Initial Notes Tranche, CHF5.00 for the second 25% of the Convertible Notes of the Initial Notes Tranche, CHF6.00 for the third 25% of the Convertible Notes of the Initial Notes Tranche and CHF7.50 for the final 25% of the Convertible Notes of the Initial Notes Tranche.

Amundi Physical Metals plc: Final Terms

Retrieved on: 
Tuesday, June 29, 2021

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the "Metal Entitlement".
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.
  • Any early or final redemption of the ETC Securities of a Series will be settled in cash.

Cloud Nine Announces Strategic Investment in Next Decentrum

Retrieved on: 
Monday, June 28, 2021

Pursuant to the SAA, Next Decentrum has agreed to continue to provide development services to the Company, and pursuant to the SPA, the Company closed the first and second tranches of its strategic investment in Next Decentrum.

Key Points: 
  • Pursuant to the SAA, Next Decentrum has agreed to continue to provide development services to the Company, and pursuant to the SPA, the Company closed the first and second tranches of its strategic investment in Next Decentrum.
  • The first and second tranches involved Cloud Nines purchase of 534,758 Units of Next Decentrum for a cash payment of $100,000.
  • Next Decentrum intends to use the investment proceeds for product development, market outreach and growing the Next Decentrum team.
  • Cloud Nine has been a great partner and this strategic investment is another step forward in our ongoing partnership, said Hussein Hallak, CEO of Next Decentrum.

VNUE, Inc. Receives $8 Million Equity Funding Commitment

Retrieved on: 
Thursday, June 24, 2021

We're especially thrilled to invest in their platform technologies which completely disrupts the paradigms of the music industry in multiple ways.

Key Points: 
  • We're especially thrilled to invest in their platform technologies which completely disrupts the paradigms of the music industry in multiple ways.
  • "Over the last five years, VNUE has achieved nothing short of miracles on what I would call 'dribs and drabs' of small funding tranches," said Zach Bair, CEO of VNUE.
  • I've been saying for some time that we would be receiving funding in the high seven figures and that time has now arrived.
  • The VNUE team is led by CEO and ChairmanZach Bair, a veteran music and tech entrepreneurand recording artist ( www.zachbairmusic.com ).

KBRA Assigns Preliminary Ratings to MSC 2021-L6

Retrieved on: 
Thursday, June 24, 2021

Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 36 classes of MSC 2021-L6, an $765.3 million CMBS conduit transaction collateralized by 43 commercial mortgage loans secured by 60 properties.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) is pleased to announce the assignment of preliminary ratings to 36 classes of MSC 2021-L6, an $765.3 million CMBS conduit transaction collateralized by 43 commercial mortgage loans secured by 60 properties.
  • The collateral properties are located throughout 27 MSAs, of which the three largest are New York (18.3%), Pittsburgh (12.3%), and Los Angeles (10.9%).
  • The pool has exposure to most major property types, with two types representing more than 15.0% of the pool balance: retail (30.0%) and office (23.3%).
  • KBRA capitalization rates were applied to each assets KNCF to derive values that were, on an aggregate basis, 42.4% less than third party appraisal values.