Wainwright Securities Inc. v. Wall Street Transcript Corp.

Ares Management Corporation Prices Offering of Senior Notes

Retrieved on: 
Tuesday, November 7, 2023
Professional Services, Data Analytics, Other Professional Services, Finance, Asset Management, Consulting, Varick Street, Suite, Sale, SMBC Nikko Securities, Park Avenue, NYSE, Wainwright Securities Inc. v. Wall Street Transcript Corp., ARES, Attention, BofA Securities, Prospectus, Alberta Investment Management Corporation, Wells Fargo, MUFG, Debt-to-GDP ratio, Security (finance)

Ares Management Corporation (the “Company”) (NYSE: ARES) today announced that it has priced an offering of $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “notes”).

Key Points: 
  • Ares Management Corporation (the “Company”) (NYSE: ARES) today announced that it has priced an offering of $500,000,000 aggregate principal amount of its 6.375% Senior Notes due 2028 (the “notes”).
  • The notes will be fully and unconditionally guaranteed by Ares Holdings L.P., Ares Management LLC, Ares Investments Holdings LLC, Ares Finance Co. LLC, Ares Finance Co. II LLC, Ares Finance Co. III LLC and Ares Finance Co. IV LLC.
  • The offering is expected to close on November 10, 2023, subject to the satisfaction of customary closing conditions.
  • The net proceeds from the offering will be approximately $496.0 million, after deducting the underwriting discount but before offering expenses.

Charter Prices $2.0 Billion Senior Secured Notes

Retrieved on: 
Wednesday, November 8, 2023
Varick Street, Sale, Wainwright Securities Inc. v. Wall Street Transcript Corp., Telephone, News, Attention, Note, Senior, Morgan Stanley, 2nd Floor, Charter, Issuer, CHTR, Charter Communications, BofA Securities, Security (finance)

STAMFORD, Conn., Nov. 7, 2023 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), have priced $2.0 billion in aggregate principal amount of notes consisting of the following securities:

Key Points: 
  • STAMFORD, Conn., Nov. 7, 2023 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), have priced $2.0 billion in aggregate principal amount of notes consisting of the following securities:
    $1.1 billion in aggregate principal amount of Senior Secured Notes due 2026 (the "2026 Notes").
  • $900 million in aggregate principal amount of Senior Secured Notes due 2034 (the "2034 Notes" and, together with the 2026 Notes, the "Notes").
  • Charter expects to close the offering of the Notes on November 10, 2023, subject to customary closing conditions.
  • BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC were Joint Book-Running Managers for the senior secured notes offering.

Charter Offers Senior Secured Notes

Retrieved on: 
Tuesday, November 7, 2023
Varick Street, Sale, Columbus Circle, Wainwright Securities Inc. v. Wall Street Transcript Corp., Telephone, Form, News, Attention, Note, Morgan Stanley, 2nd Floor, Form S-3, Joint, Charter, Issuer, CHTR, Charter Communications, BofA Securities, Security (finance)

STAMFORD, Conn., Nov. 7, 2023 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), intend to offer senior secured fixed rate notes (the "Notes").

Key Points: 
  • STAMFORD, Conn., Nov. 7, 2023 /PRNewswire/ -- Charter Communications, Inc. (NASDAQ: CHTR) (along with its subsidiaries, "Charter") today announced that its subsidiaries, Charter Communications Operating, LLC and Charter Communications Operating Capital Corp. (collectively, the "Issuers"), intend to offer senior secured fixed rate notes (the "Notes").
  • The Issuers intend to use the net proceeds from the sale of the Notes for general corporate purposes, including to repay certain indebtedness, to fund potential buybacks of Class A common stock of Charter and common units of Charter Communications Holdings, LLC and to pay related fees and expenses.
  • The offering and sale of the Notes will be made pursuant to an effective automatic shelf registration statement on Form S-3 filed with the Securities and Exchange Commission (the "SEC").
  • BofA Securities, Inc., Deutsche Bank Securities Inc. and Morgan Stanley & Co. LLC will act as Joint Book-Running Managers for the senior secured notes offering.

Bombardier Increases the Maximum Amount Sought Under its Cash Tender Offer Previously Announced Today

Retrieved on: 
Tuesday, November 7, 2023
Tender offer, Trustee, Tender, RBC Capital Markets, Wainwright Securities Inc. v. Wall Street Transcript Corp., Mini-tender offer, Nature, Debt-to-GDP ratio, Bombardier Inc., Cryptocurrency, Security (finance), Bombardier, Note

Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase dated November 6, 2023 (as amended hereby, the “Offer to Purchase”) with respect to the Tender Offer.

Key Points: 
  • Capitalized terms used but not defined herein shall have the meanings assigned to such terms in the Offer to Purchase dated November 6, 2023 (as amended hereby, the “Offer to Purchase”) with respect to the Tender Offer.
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained Deutsche Bank Securities Inc. and RBC Capital Markets, LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

Bombardier Announces Cash Tender Offer for Certain Outstanding Senior Notes

Retrieved on: 
Monday, November 6, 2023
Tender offer, Trustee, Tender, RBC Capital Markets, Wainwright Securities Inc. v. Wall Street Transcript Corp., Expiration, Acceptance, Mini-tender offer, Nature, Date, Settlement, Debt-to-GDP ratio, Expiration date, Security (finance), Life insurance, Cryptocurrency, Lane v. Holder, Bombardier, Note

The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to, in each case, the applicable Tender Offer Consideration (as defined below).

Key Points: 
  • The Total Consideration includes, in each case, an early tender payment (the “Early Tender Payment”) of $30.00 for each $1,000 principal amount of the Notes, which Early Tender Payment is in addition to, in each case, the applicable Tender Offer Consideration (as defined below).
  • Holders must decide whether to tender Notes, and if tendering, the amount of Notes to tender.
  • Bombardier has retained Deutsche Bank Securities Inc. and RBC Capital Markets, LLC to serve as dealer managers for the Tender Offer.
  • Bombardier has retained Global Bondholder Services Corporation to act as the information and tender agent in respect of the Tender Offer.

LithiumBank Closes Oversubscribed Private Placement For Gross Proceeds of $3,500,000 With 27% Insider Participation; Receives Conditional Acceptance For the Intellectual Property License Agreement With G2l Greenview Resources

Retrieved on: 
Friday, October 20, 2023
Cloud, TSX Venture Exchange, Sale, Multilateral, Minority, Wainwright Securities Inc. v. Wall Street Transcript Corp., MI, License, Private, Private placement, PI, Lithium, Interest, Placement, Unit, End-user license agreement, National Interest Party (Nigeria), Security (finance)

CALGARY, Alberta, Oct. 20, 2023 (GLOBE NEWSWIRE) -- LithiumBank Resources Corp. (TSX-V: LBNK) (OTCQX: LBNKF) (the “Company” or “LithiumBank”) is pleased to announce that it has closed its previously announced non-brokered private placement for gross proceeds of $3,506,500 through the sale of 3,506,500 units ("Units") at a price of $1.00 per Unit (the "Private Placement"). Each Unit is comprised of one common share of the Company (a "Share") and one-half (1/2) of one common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant entitles the holder to purchase an additional Share at a price of $1.50 per Share for a period of 24 months from the date of issuance.

Key Points: 
  • The Private Placement is subject to final acceptance of the TSX Venture Exchange (the "TSXV").
  • Their participation accounted for over 27.66% of the proceeds from the Private Placement.
  • The Company is also pleased to announce following update regarding the previously announced intellectual property license agreement dated September 8, 2023 (the “License Agreement”) with G2L Greenview Resources Inc. (“G2L”), a subsidiary of Go2Lithium Inc.
  • The License Agreement and the issuance of the Consideration Shares remain subject to final TSXV approval.

Azimut Announces Closing of $8.18 Million Bought Deal Private Placement Financing

Retrieved on: 
Thursday, September 28, 2023
Cloud, Exercise, FT, AEM, TSX Venture Exchange, Section 50C of the Isle of Man Income Tax Act 1970, Critical, Oil Taxation Act 1975, Sale, Offering, Income Tax Act, TSX, Agnico Eagle, Wainwright Securities Inc. v. Wall Street Transcript Corp., Life insurance, Security (finance)

LONGUEUIL, Québec, Sept. 28, 2023 (GLOBE NEWSWIRE) -- Azimut Exploration Inc. (“Azimut” or the “Company”) (TSXV: AZM) (OTCQX: AZMTF) is pleased to announce that it has closed its previously announced bought deal private placement financing (the “Offering”) for total gross proceeds of approximately $8.18 million, consisting of 2,442,100 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the “Premium FT Shares”) at a price of $2.0475 per Premium FT Share, 550,600 common shares of the Company that qualify as “flow-through shares” (within the meaning of subsection 66(15) of the Income Tax Act (Canada) and section 359.1 of the Taxation Act (Québec)) (the “FT Shares”) at a price of $1.8165 per FT Share, and 2,082,100 common shares of the Company (the “Hard Dollar Shares”) at a price of $1.05 per Hard Dollar Share, which includes the exercise of the underwriters’ option to purchase 177,300 additional Hard Dollar Shares.

Key Points: 
  • Paradigm Capital Inc. acted as lead underwriter (the “Lead Underwriter”) in connection with the Offering with a syndicate including Red Cloud Securities Inc. (together with the Lead Underwriter, the “Underwriters”).
  • The proceeds from the sale of the Hard Dollar Shares will be used for exploration and for general corporate purposes.
  • All securities issued in connection with the Offering are subject to a statutory hold period in Canada expiring on January 29, 2024.
  • The securities have not been, and will not be, registered under the United States Securities Act of 1933, as amended (the “U.S.

Western Midstream Partners, LP Announces Pricing of Notes Offering

Retrieved on: 
Wednesday, September 27, 2023
Oil, Gas, Energy, Partnership, Columbus Circle, Barclays Capital Inc. v. Theflyonthewall.com, Inc., Park Avenue, SMBC Nikko Securities, Sale, Prospectus, Acquisition, WES, Wainwright Securities Inc. v. Wall Street Transcript Corp., NYSE, Broadridge Financial Solutions, Security (finance)

Today, Western Midstream Partners, LP (NYSE: WES) (“WES”) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value.

Key Points: 
  • Today, Western Midstream Partners, LP (NYSE: WES) (“WES”) announced that its subsidiary, Western Midstream Operating, LP (“WES Operating”), has priced an offering of $600 million in aggregate principal amount of 6.350% senior notes due 2029 at a price to the public of 99.786% of their face value.
  • The offering of the senior notes is expected to close on September 29, 2023, subject to the satisfaction of customary closing conditions.
  • The senior notes offering is not contingent on the completion of the Meritage Acquisition, and the Meritage Acquisition is not contingent on the completion of this offering.
  • Barclays Capital Inc., Citigroup Global Markets Inc., Deutsche Bank Securities Inc. and SMBC Nikko Securities America, Inc. are acting as joint book-running managers for the offering.

HilltopSecurities Expands Fixed Income Office in Memphis, TN

Retrieved on: 
Wednesday, September 27, 2023
Professional Services, Other Professional Services, Finance, Asset Management, Banking, Personal Finance, Securitization, SBA, Stimmel, Bishop, Wainwright Securities Inc. v. Wall Street Transcript Corp., Small Business Administration, Head, Security (finance)

Hilltop Securities Inc. (HilltopSecurities) has recently hired over a dozen experienced Generalist Fixed Income Capital Markets sales and trading professionals in its Memphis office, including an accomplished Small Business Administration (SBA) trading and securitization team.

Key Points: 
  • Hilltop Securities Inc. (HilltopSecurities) has recently hired over a dozen experienced Generalist Fixed Income Capital Markets sales and trading professionals in its Memphis office, including an accomplished Small Business Administration (SBA) trading and securitization team.
  • The addition of the recent hires makes HilltopSecurities’ Memphis office one of the firm’s largest Fixed Income Capital Markets locations.
  • “Our new additions in generalist sales are part of a strategy to expand our fixed income business and other client-focused product areas in Memphis and across the nation more broadly,” said HilltopSecurities President and CEO Brad Winges.
  • In September, the firm welcomed Todd Story to its generalist fixed income sales team in Austin, Texas.

F3 Announces Closing of Private Placement for Aggregate Gross Proceeds of C$20 Million

Retrieved on: 
Tuesday, September 12, 2023
Cloud, Exercise, Indian stock exchange, TSX Venture Exchange, FUU, Income Tax Act 1967, Uranium, Athabasca Basin, Foreign Investment in Real Property Tax Act, Underwriting, Sale, Prospectus, National instrument, Offering, Income Tax Act, Wainwright Securities Inc. v. Wall Street Transcript Corp., Security (finance)

Kelowna, British Columbia--(Newsfile Corp. - September 12, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3 Uranium" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$20 million (the "Offering").

Key Points: 
  • Kelowna, British Columbia--(Newsfile Corp. - September 12, 2023) - F3 Uranium Corp. (TSXV: FUU) (OTCQB: FUUFF) ("F3 Uranium" or the "Company") is pleased to announce the closing of its previously announced "bought deal" private placement for aggregate gross proceeds of C$20 million (the "Offering").
  • The Qualifying Expenditures will be renounced to the purchasers of the FT Units with an effective date no later than December 31, 2023.
  • The securities issued pursuant to the Offering are subject to a four-month and one day hold period ending on January 13, 2024.
  • The proceeds of the Offering will be used by the Company to fund exploration of the Company's projects in the Athabasca Basin in Saskatchewan.