Bond

Revlon Announces Amendment and Extension of Exchange Offer and Concurrent Consent Solicitation

Friday, October 23, 2020 - 10:26pm

The Company expects to settle the Exchange Offer shortly after the Expiration Time (if the conditions to the Exchange Offer and Consent Solicitation are fulfilled at that time).

Key Points: 
  • The Company expects to settle the Exchange Offer shortly after the Expiration Time (if the conditions to the Exchange Offer and Consent Solicitation are fulfilled at that time).
  • As amended, the Exchange Offer and Consent Solicitation is no longer subject to the condition precedent that a minimum of 95% of all aggregate principal amount of Notes outstanding be tendered in the Exchange Offer.
  • Global Bondholder Services Corporation is acting as the Information Agent and Exchange Agent for the Exchange Offer.
  • The Exchange Offer is being made solely pursuant to the amended and restated Offering Memorandum, which replaces the original offering memorandum in connection with the Exchange Offer.

Guzman & Company Selected by Federal Reserve Bank of New York to Assist With Secondary Market Corporate Credit Facility (SMCCF)

Friday, October 23, 2020 - 5:16pm

Guzman & Company, a Coral Gables-based investment bank and brokerage firm, is honored to participate in the Secondary Market Corporate Credit Facility (SMCCF), a program enacted by the Federal Reserve Bank of New York to provide liquidity for the corporate bond market.

Key Points: 
  • Guzman & Company, a Coral Gables-based investment bank and brokerage firm, is honored to participate in the Secondary Market Corporate Credit Facility (SMCCF), a program enacted by the Federal Reserve Bank of New York to provide liquidity for the corporate bond market.
  • The SMCCF was established on March 23, 2020 by the Federal Reserve under the authority of Section 13(3) of the Federal Reserve Act, with approval of the Treasury Secretary.
  • The program supports market liquidity for corporate debt by purchasing individual corporate bonds of Eligible Issuers and exchange-traded funds (ETFs) in the secondary market.
  • Guzman & Company is headquartered in Coral Gables, FL, with offices in New York City, NY, and Palm Beach Gardens, FL.

Federal Farm Credit Banks Funding Corporation Announces the Preliminary Results of the Exchange Offer for Any and All Farm Credit System Consolidated Systemwide Libor Floating Rate Bonds Maturing After January 31, 2022, for Newly Issued Systemwide Bonds

Friday, October 23, 2020 - 5:00pm

Persons into whose possession this announcement or the Exchange Offer Supplement come must inform themselves about and observe any such restrictions.

Key Points: 
  • Persons into whose possession this announcement or the Exchange Offer Supplement come must inform themselves about and observe any such restrictions.
  • We are not required to register the Existing LIBOR Bonds or the New LIBOR Bonds under the U.S. Securities Act of 1933, as amended.
  • The Existing LIBOR Bonds and the New LIBOR Bonds are "exempted securities" within the meaning of the U.S. Securities Exchange Act of 1934, as amended.
  • Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved the Existing LIBOR Bonds or the New LIBOR Bonds.

Delay interest payment of convertible bonds

Friday, October 23, 2020 - 11:02am

BCRE - Brack Capital Real Estate Investments N.V.

Key Points: 
  • BCRE - Brack Capital Real Estate Investments N.V.
    BCRE - Brack Capital Real Estate Investments N.V. announces that, due to the negative impact of COVID - 19, it delays the payment of the interest accrued on the Convertible bonds which was due on 20 September 2020.
  • The Company will publish an update by means of a press release with respect to the above matter.
  • BCRE - Brack Capital Real Estate Investments N.V.

DGAP-News: Noratis AG issues 5.50 % corporate bond

Friday, October 23, 2020 - 11:02am

Eschborn, 23 October 2020 - The Management Board of Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK, "Noratis") has decided, with the approval of the Supervisory Board, to issue a corporate bond 2020/2025 (ISIN: DE000A3H2TV6) with an interest rate of 5.50 % p. a. and a volume of up to EUR 50 million.

Key Points: 
  • Eschborn, 23 October 2020 - The Management Board of Noratis AG (ISIN: DE000A2E4MK4, WKN: A2E4MK, "Noratis") has decided, with the approval of the Supervisory Board, to issue a corporate bond 2020/2025 (ISIN: DE000A3H2TV6) with an interest rate of 5.50 % p. a. and a volume of up to EUR 50 million.
  • The Noratis corporate bond with a term of 5 years is issued in denominations of EUR 1,000.
  • The corresponding securities prospectus for the corporate bond 2020/2025 of Noratis AG has been approved today by the Luxembourg Financial Supervisory Authority CSSF.
  • For the subscribers to the new corporate bond Noratis generates a steady return - 5.50 percent every year.

Statement from Members of the Ad Hoc Group of Argentina Exchange Bondholders and of the Argentina Creditor Committee

Thursday, October 22, 2020 - 8:08pm

The Exchange Bondholder Group is comprised of 18 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer by tendering Exchange Bonds.

Key Points: 
  • The Exchange Bondholder Group is comprised of 18 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer by tendering Exchange Bonds.
  • Prior to that exchange, Exchange Bondholder Group collectively held over 15% of the outstanding Exchange Bonds issued by Argentina under its 2005 indenture and 2010 indenture supplement.
  • The Argentina Creditor Committee comprised of 30 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer.
  • Prior to that exchange, Argentina Creditor Committee Group collectively held over 8% of the outstanding Bonds issued by Argentina under its 2005 indenture, 2010 indenture supplement and 2016 indenture.

Statement from Members of the Ad Hoc Group of Argentina Exchange Bondholders and of the Argentina Creditor Committee

Thursday, October 22, 2020 - 7:34pm

The Exchange Bondholder Group is comprised of 18 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer by tendering Exchange Bonds.

Key Points: 
  • The Exchange Bondholder Group is comprised of 18 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer by tendering Exchange Bonds.
  • Prior to that exchange, Exchange Bondholder Group collectively held over 15% of the outstanding Exchange Bonds issued by Argentina under its 2005 indenture and 2010 indenture supplement.
  • The Argentina Creditor Committee is comprised of30 investment institutions, all of which voluntarily participated in Argentina's recently-consummated exchange offer.
  • Prior to that exchange, Argentina Creditor Committee Group collectively held over 8% of the outstanding Bonds issued by Argentina under its 2005 indenture, 2010 indenture supplement and 2016 indenture.

Moody’s Retires Green Bond Assessment Product in Light of Market-Leading Second-Party Opinion Service Available from its Affiliate Vigeo Eiris

Thursday, October 22, 2020 - 2:18pm

Moodys announced today that it has retired its Green Bond Assessment (GBA) product in light of the market-leading Second-Party Opinion (SPO) Service for sustainable bonds provided by its affiliate Vigeo Eiris (VE).

Key Points: 
  • Moodys announced today that it has retired its Green Bond Assessment (GBA) product in light of the market-leading Second-Party Opinion (SPO) Service for sustainable bonds provided by its affiliate Vigeo Eiris (VE).
  • In view of VEs market-leading SPO product, Moodys Investors Service (MIS) has retired the GBA product and has withdrawn all outstanding GBAs today.
  • For Green Bond Finance operations, the VE SPO provides information on the alignment of the bond with the key requirements of the European Unions Green Bond Standard.
  • Moodys ESG Solutions Group is a business unit of Moodys Corporation serving the growing global demand for ESG and climate insights.

KBRA Assigns AA Rating with a Negative Outlook to the MTA Transportation Revenue Refunding Green Bonds, Series 2020E (Climate Bond Certified)

Wednesday, October 21, 2020 - 8:21pm

Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA) Transportation Revenue Refunding Green Bonds, Series 2020E (Climate Bond Certified).

Key Points: 
  • Kroll Bond Rating Agency (KBRA) assigns a long-term rating of AA with a Negative Outlook to the Metropolitan Transportation Authority (MTA) Transportation Revenue Refunding Green Bonds, Series 2020E (Climate Bond Certified).
  • Concurrently, KBRA affirms the long-term rating of AA with a Negative Outlook on the MTAs outstanding Transportation Revenue Bonds.
  • KBRA also affirms the short-term rating of K1+ on the MTAs outstanding Transportation Revenue Bond Anticipation Notes.
  • KBRA is a full-service credit rating agency registered as an NRSRO with the U.S. Securities and Exchange Commission.

Morgan Stanley Continues Commitment to Sustainable Investing with Social Bond to Support Affordable Housing

Wednesday, October 21, 2020 - 7:30pm

Morgan Stanley intends to allocate an amount equal to the net proceeds of the social bond to affordable housing projects, which aim to provide housing at affordable rates to low- or moderate-income individuals and/or families in the United States.

Key Points: 
  • Morgan Stanley intends to allocate an amount equal to the net proceeds of the social bond to affordable housing projects, which aim to provide housing at affordable rates to low- or moderate-income individuals and/or families in the United States.
  • Morgan Stanleys inaugural social bond is part of the Firms decade-long leadership in sustainable finance, which includes the Morgan Stanley Institute for Sustainable Investing, established in 2013 to accelerate the mainstream adoption of sustainable investing.
  • Morgan Stanley appointed an independent second-party opinion provider to review the Social Bond Framework and this social bond.
  • Without limiting any of the statements contained herein, Morgan Stanley makes no representation or warranty as to whether a bond constitutes a social bond, unless otherwise specified by Morgan Stanley, or whether a bond conforms to investor expectations or objectives for investing in social bonds.