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Month: October 2019

United States Steel Corporation Completes $1.1 Billion of Incremental Financing to Support Strategy Execution

Completed $500 million upsize to the amended and extended $2 billion revolving credit facilityIssued $350 million senior convertible notes at a coupon of 5.00%, which includes $50 million from the full exercise of the initial purchasers’ option to purchase additional notesCompleted offering of $275 million of thirty-year environmental revenue bonds with a coupon of 5.75%PITTSBURGH, Oct. 25, 2019 (GLOBE NEWSWIRE) — United States Steel Corporation (X) (“U. S. Steel”) today announced that it has completed approximately $1.1 billion of financing activities to support the execution of the Company’s “best of both” strategy.“The closing of these financing activities marks another successful step in the execution of our ‘best of both’ strategy,” said David B. Burritt, President and Chief Executive Officer of U. S. Steel. “I am thankful...

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CMB Regional Centers, a leader in the EB-5 investor visa program, announces the acquisition of Cascadia Regional Center

DALLAS, Oct. 25, 2019 (GLOBE NEWSWIRE) — CMB Regional Centers (CMB), a leader in the EB-5 investor visa program, announces the acquisition of Cascadia Regional Center, Inc., which has geographic scope covering the entire states of Washington and Oregon. The transaction was completed on October 17th, 2019, and increases the number of regional centers under CMB management to 17, giving CMB geographic scope that covers 24 States and Washington D.C. CMB Regional Centers has operated 73 separate EB-5 partnerships representing over 5,500 immigrant investors and over $3 billion in EB-5 capital raised since 2007. The $3 billion in EB-5 capital has been combined with $11 billion in developer capital to represent $14 billion in job creating capital, resulting in over 175,000 direct, indirect, and induced new American jobs. This week, CMB...

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Atara Biotherapeutics Announces Executive Departures

SOUTH SAN FRANCISCO, Calif., Oct. 25, 2019 (GLOBE NEWSWIRE) — Atara Biotherapeutics, Inc. (Nasdaq: ATRA), a leading off-the-shelf, allogeneic T-cell immunotherapy company developing novel treatments for patients with cancer, autoimmune and viral diseases, today announced the departures of Dr. Christopher Haqq, Chief Scientific Officer, and Mina Kim, General Counsel and Head of Corporate Strategy.“I want to thank Chris and Mina for their significant contributions to Atara,” said Pascal Touchon, President and Chief Executive Officer of Atara Biotherapeutics. “As the first Atara employee, Chris was instrumental in our incredible progress and most important milestones. He decided to leave Atara to pursue an outside opportunity with a private company that aligns with his other scientific interests and the current needs of his family....

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Meritage Homes Announces Opening of New Model Home in Babcock Ranch

PUNTA GORDA, Fla., Oct. 25, 2019 (GLOBE NEWSWIRE) — Meritage Homes, the seventh-largest public homebuilder in the U.S., today announced the official opening of its model home, the Osprey, within the Lake Babcock neighborhood in Babcock Ranch.With the increasing demand for sustainable and affordable new homes, Meritage Homes has designed cost-effective homes that include energy-efficient features standard. Meritage’s advanced and sustainable building practices mean buyers can enjoy greater cost savings and comfort. Babcock Ranch is the nation’s first solar-powered community, which aligns perfectly with Meritage Homes’ vision for building better, healthier homes for buyers. In addition, stainless steel appliances, flexible living spaces, fireplaces and granite countertops are among a few of the features buyers can expect from this...

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Exco Technologies Limited Announces Fourth Quarter Results on November 27, 2019

TORONTO, Oct. 25, 2019 (GLOBE NEWSWIRE) — Exco Technologies Limited (TSX – XTC) today announced that it will report its financial results for the fourth quarter ended September 30, 2019 after the close of business on Wednesday November 27, 2019. A conference call to discuss those results will be held on Thursday November 28, 2019 at 10:00 a.m. (Eastern time) which can be accessed by dialling toll free at (866) 572-8261 or internationally at (703) 736-7448.  The conference ID is 8053376.To access the live audio webcast, please log on to www.excocorp.com, or https://edge.media-server.com/mmc/p/xc6m5jri a few minutes before the event. For those unable to participate on November 28, 2019, an archived version will be available on the Exco website.  Also, a replay will be available until December 9, 2019 by dialling toll free at...

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Diversicare to Announce Third Quarter 2019 Financial Results on Thursday, October 31, 2019

BRENTWOOD, Tenn., Oct. 25, 2019 (GLOBE NEWSWIRE) — Diversicare Healthcare Services, Inc. (OTCQX: DVCR) today announced that it is scheduled to report financial results for its third quarter ended September 30, 2019, on Thursday, October 31, 2019, after the market closes.  Diversicare will also hold a conference call at 5:00 p.m. ET, 4:00 p.m. CT, on Thursday, October 31, 2019. To participate in the Company’s conference call, dial 877-340-2552 (domestic) or 253-237-1159 (International), Conference ID 8375927 and an Operator will connect you to the call.   A live broadcast of the conference call will also be available on the Internet at the Company’s web site: www.DVCR.com.A replay of the conference call will be accessible two hours after its completion through November 7, 2019, by dialing 855-859-2056 (domestic) or 404-537-3406...

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Freddie Mac Prices $769 Million Multifamily K-Deal, K-F69

MCLEAN, Va., Oct. 25, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with 10-year terms. The approximately $769 million in K Certificates (K-F69 Certificates) are expected to settle on or about October 30, 2019.K-F69 PricingDetailsCo-Lead Managers and Joint Bookrunners: Morgan Stanley & Co. LLC and Amherst Pierpont Securities LLCCo-Managers: Cantor Fitzgerald & Co.. Jefferies LLC, Loop Capital Markets LLC and Wells Fargo Securities, LLCRelated LinksThe K-F69 preliminary offering circular supplement: http://www.freddiemac.com/mbs/data/kF69oc.pdfFreddie Mac Multifamily Securitization OverviewMultifamily Securities Investor Access database of post-securitization data from Investor Reporting...

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Sound Financial Bancorp, Inc. Reports Net Income of $1.5 million for Third Quarter 2019

SEATTLE, Oct. 25, 2019 (GLOBE NEWSWIRE) — Sound Financial Bancorp, Inc. (Nasdaq: SFBC), the holding company (the “Company”) for Sound Community Bank (the “Bank”), today reported net income of $1.5 million for the quarter ended September 30, 2019, or diluted earnings per share of $0.60, as compared to net income of $1.8 million, or diluted earnings per share of $0.71 for the quarter ended June 30, 2019 and $1.8 million or diluted earnings per share of $0.71 for the quarter ended September 30, 2018.The Company also announced today that the Board of Directors has declared a cash dividend on Company common stock of $0.14 per share, payable on November 21, 2019 to stockholders of record as of the close of business on November 7, 2019.“This quarter we were able to achieve significant loan growth, particularly...

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Playa Hotels & Resorts Appoints Pedro Tomás as General Manager of the New Hyatt Ziva & Hyatt Zilara Cap Cana

FORT LAUDERDALE, Fla., Oct. 25, 2019 (GLOBE NEWSWIRE) — Playa Hotels & Resorts N.V. (NASDAQ: PLYA, “Playa”) named Pedro Tomás as General Manager for the highly anticipated, all-inclusive Hyatt Ziva Cap Cana and Hyatt Zilara Cap Cana, set to open Nov. 1, 2019. A Dominican Republic native, Pedro has spent his entire career in hospitality and brings first-hand knowledge to his new role at the flagship resorts for the Hyatt All Inclusive brands.Pedro will oversee the operation of the two resorts which include 750 oceanfront suites on a 40-acre beachfront property. The all-ages Hyatt Ziva will feature a full-scale water park, extensively themed a la carte restaurants including Noodle & Thread, an Italian-eatery inspired by a vintage tailor shop, a treehouse replica kids club and an 80’s steampunk themed teens club. The sophisticated...

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Freddie Mac Prices $1.3 Billion Multifamily K-Deal, K-099

MCLEAN, Va., Oct. 25, 2019 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates), which are backed by underlying collateral consisting of fixed-rate multifamily mortgages with predominantly 10-year terms. The company expects to issue approximately $1.3 billion in K Certificates (K-099 Certificates), which are expected to settle on or about October 30, 2019.K-099 PricingDetailsCo-Lead Managers and Joint Bookrunners: J.P. Morgan Securities LLC and Goldman, Sachs and Co. LLCCo-Managers: Academy Securities Inc., Barclays Capital Inc., Credit Suisse Securities (USA) LLC and Performance Trust Capital Partners, LLCRating Agencies: Fitch Ratings, Inc. and Kroll Bond Rating Agency, Inc.Related LinksThe K-099 Preliminary Offering Circular Supplement: http://www.freddiemac.com/mbs/data/k099oc.pdf...

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