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Day: March 20, 2020

Bilia refinances its current credit facility of SEK 1.5 billion

Bilia has today refinanced its current revolving loan and credit facility of SEK 1.5 billion with regular maturity during the third quarter of 2020. The new credit facility which amounts toSEK 1.5 billion, whereof SEK 900 M revolving loans and SEK 600 M overdraft, has sustantially unchanged favorable terms. The revolving credits have a term of 3 years with possibility of extension with one year plus one year after creditors’ approval. DnB and Nordea are lenders. The loan agreement together with outstanding unsecured bonds of SEK 1.3 billion constitute an essential part of Bilia’s long-term basic financing.Gothenburg, 20 March 2020Bilia AB (publ)For information please contact:Per Avander, Managing Director and CEO, +46 (0)10 497 70 00, per.avander@bilia.se Kristina Franzén, CFO, +46 (0)10 497 73 40, kristina.franzen@bilia.seFacts about...

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Bilia refinansierar sin nuvarande kreditfacilitet om 1,5 miljarder kronor

Bilia har idag refinansierat sin nuvarande revolverande lån- och kreditfacilitet på 1,5 miljarder kronor med ordinarie förfall under tredje kvartalet 2020. Den nya kreditfaciliteten som uppgår till 1,5 miljarder kronor, varav 900 Mkr revolverande lån och 600 Mkr checkräkningskredit, har väsentligen oförändrade förmånliga villkor. De revolverande lånen har en löptid om 3 år med möjlighet till förlängning med ett år plus ett år efter kreditgivarnas godkännande. DnB och Nordea är långivare. Låneavtalet utgör tillsammans med utestående icke säkerställda obligationer om 1,3 miljarder kronor en väsentlig del av Bilias långsiktiga grundfinansiering.Göteborg den 20 mars 2020Bilia AB (publ)För information vänligen kontakta:Per Avander, VD och koncernchef, 010-497 70 00, per.avander@bilia.se Kristina Franzén, CFO, 010-497 73 40, kristina.franzen@bilia.seFakta...

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Ayr Strategies Provides Business Update in Response to COVID-19

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Ayr Strategies Inc. (CSE: AYR.A, OTCQX: AYRSF) (“Ayr”), a vertically-integrated cannabis multi-state operator (MSO) with a presence in the western and eastern U.S., is providing an update on its safety and operational response to COVID-19. The health and well-being of Ayr’s employees, customers, and the communities it serves continue to be the Company’s top priority.“We are monitoring this challenging situation in real-time and seeking to follow all health and hygiene protocols released by the CDC, as well as by state and local health authorities,” said Jonathan Sandelman, CEO of Ayr Strategies. “In addition, we are in ongoing communication with our employees and customers to seek to ensure they are taking the necessary precautions to protect their own health and the health of those around...

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CloudMD Announces Closing of First Tranche of its Brokered Financing Led By Gravitas Securities

VANCOUVER, British Columbia, March 20, 2020 (GLOBE NEWSWIRE) — CloudMD Software & Services Inc. (CSE: DOC, OTCQB: DOCRF, Frankfurt: 6PH) (the “Company” or “CloudMD”), a company focused on digitizing the delivery of healthcare, is pleased to announce that it has successfully closed the first tranche of its private placement (the “Offering”) led by Gravitas Securities Inc. (the “Agent”) of 4,875,449 units of the Corporation (the “Units”) at a price of $0.48 per Unit for gross proceeds of approximately $2.3 million.Each Unit comprises one common share of the Company (a “Common Share”) and one-half of one Common Share purchase warrant (a “Warrant”). Each Warrant entitles the holder thereof to acquire one common share at a price of $0.70 for a period of 24 months from the date of issuance of such warrant.“Given market conditions,...

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AllSurplus Marketplace Hosts Firetrucks and Other Transportation Assets for Sale in Online Auction

BETHESDA, Md., March 20, 2020 (GLOBE NEWSWIRE) — AllSurplus, the newest marketplace from Liquidity Services (NASDAQ: LQDT), is pleased to highlight it currently has ten firetrucks for sale on behalf of government agencies across the United States. Bidding on these items is currently open with closing dates through April 1, 2020 at www.AllSurplus.com.AllSurplus currently features nearly 5,000 assets for sale, including over 600 transportation assets, and leverages Liquidity Services’ 20 years of experience selling over 5.7 million government assets generating $3.6 billion in gross proceeds for sellers.“We serve over 14,000 government agencies to enable the sale of their surplus items, idle equipment and confiscated assets,” said Bill Angrick, chief executive officer for Liquidity Services. “The sale of firetrucks and other emergency...

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francesca’s® Provides a Business Update on COVID-19

HOUSTON, March 20, 2020 (GLOBE NEWSWIRE) — Francesca’s Holdings Corporation (Nasdaq: FRAN) today announced that in response to the continued spread of COVID-19, it has temporarily closed substantially all of its stores effective March 20, 2019.  The remainder of its stores will remain open, subject to monitoring of the rapidly developing situation, with limited hours of operation.  The Company continues to serve its customers on www.francescas.com.The Company also announced that it will postpone its fourth quarter and full year fiscal 2020 earnings announcement and will make an announcement in the future regarding the new date for the release of earnings.About Francesca’s Holdings Corporationfrancesca’s® is a specialty retailer which operates a nationwide-chain of boutiques providing customers a unique, fun and personalized...

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2019: mixed operational results, high net profit.

Regulated information – 20 March 2020 – 18:50Needless to say that 2019 was characterized by lots of uncertainties, which created more volatility in commodity markets.The Climate change debate and continuous changing demands and taxes on combustion engine cars, forced the automotive sector in an accelerated transition / electrification phase. Campine’s products have a certain dependency on the automotive markets. Not only are car batteries the main user of lead alloys from the Metals Recycling division, but cars also need lots of flame retardant plastics, which are supplied by Campine’s Specialty Chemicals division. The slow down and uncertainties in the automotive market ultimately lead to a domino effect of lesser demand throughout our value chain.We were able to counter the short-term lower demand in lead products. Campine even...

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2019: gemengde operationele resultaten, hoog netto resultaat.

Gereglementeerde informatie – 20 maart 2020 – 18:502019 werd gekarakteriseerd door heel wat onzekerheden, wat leidde tot een verhoogde volatiliteit op de grondstofmarkten.Door het debat over de klimaatverandering stelden automobilisten hun nieuwe aankoop uit. De nieuwe belastingen op wagens met een verbrandingsmotor en het beperkte aanbod aan elektrische wagens heeft op de automobielsector een negatieve impact gehad. Campine’s producten zijn deels afhankelijk van de automobielmarkt. De loodlegeringen van de Metals Recycling divisie worden immers voornamelijk in auto batterijen verwerkt. Verder levert Campine’s Specialty Chemicals divisie de vlamvertraagde grondstoffen voor vele plastic auto-onderdelen. Deze terugval en de onzekerheden leidden in de automobielsector uiteindelijk tot een lagere vraag in de volledige productieketen.De tijdelijke...

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Automotive Finco Corp. Announces April 2020 Cash Dividend

TORONTO, March 20, 2020 (GLOBE NEWSWIRE) — Automotive Finco Corp. (TSX-V: AFCC) (the “Company”) is pleased to announce a cash dividend of $0.0171/common share ($0.205/common share on an annual basis) to be paid on April 30, 2020 to the shareholders of record as of March 31, 2020.  The dividend is an eligible dividend.The declaration, amount and payment of future cash dividends are subject to the board of directors’ continuing determination that the payment of dividends are in the best interests of the Company, its shareholders and are in compliance with all laws and agreements of the Company applicable to the declaration and payment of cash dividends. About Automotive Finco Corp.Automotive Finco Corp (“AFCC”) is a high growth specialty finance company focused exclusively on the auto retail sector. Through its investment in Automotive...

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