Day: June 18, 2020

TAMPA, Fla., June 18, 2020 (GLOBE NEWSWIRE) — AutoWeb, Inc. (Nasdaq: AUTO), a robust digital marketing platform providing advertising solutions for automotive dealers and OEMs, is reporting select preliminary unaudited results for May and April 2020.“Given the unprecedented circumstances surrounding the coronavirus pandemic, we are providing an intra-quarter update to be as transparent as we can with our stockholders,” said Jared Rowe, President and CEO of AutoWeb. “We have continued to see improvements across our business over the past two months. Our retail dealer ‘suspend’ status has improved by nearly 70% since mid-April, and we have continued to serve as a strategic partner to both our dealer and OEM customers during this important time. I am incredibly proud of our team’s effort to support the consumers and customers that...

NEW ALBANY, Ohio, June 18, 2020 (GLOBE NEWSWIRE) — Abercrombie & Fitch Co. (NYSE: ANF) (“A&F”) announced today that A&F’s indirect wholly-owned subsidiary, Abercrombie & Fitch Management Co. (“A&F Management”), has priced its offering of $350 million aggregate principal amount of 8.75% senior secured notes due 2025 (the “Senior Secured Notes”).  This represents a $50 million increase in the original offering amount of the Senior Secured Notes.  The Senior Secured Notes will mature on July 15, 2025.  The Senior Secured Notes were priced at 100% of face amount for a yield to maturity of 8.75%.  The offering is expected to close on July 2, 2020, subject to market and other customary conditions.The Senior Secured Notes will be guaranteed on a senior secured basis, jointly and severally, by A&F and each...

CHICAGO, June 18, 2020 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) (“Century”) today announced the pricing of its previously announced private offering of $250,000,000 aggregate principal amount of senior secured notes due 2025 (the “New Notes”). The New Notes will be issued at a price equal to 99.0% of their face value. The New Notes will pay interest semi-annually in arrears on January 1 and July 1 of each year, beginning on January 1, 2021, at a rate of (i) 10.00% per annum in cash and (ii) 2.00% per annum in the form of additional notes or in cash, at Century’s option. The New Notes will mature on July 1, 2025, unless earlier redeemed or repurchased. The sale of the New Notes is expected to close on July 1, 2020, subject to customary closing conditions.Net proceeds from the sale of the New Notes, together with...

BETHESDA, Md., June 18, 2020 (GLOBE NEWSWIRE) — Host Hotels & Resorts, Inc. (NYSE: HST) (the “Company”) has learned that MacKenzie Capital Management, LP (“Purchaser”) made an unsolicited “mini-tender” offer for up to 90,000 operating partnership units (“OP Units”) of Host Hotels & Resorts, L.P. (“Host L.P.”) at a price of $8.55 per OP Unit less cash distributions made by Host L.P. after May 31, 2020 (the “MacKenzie Offer”).  This follows multiple earlier “mini-tender” offers by the Purchaser launched between 2016 and 2019.  Neither the Company nor Host L.P. are in any way associated with the MacKenzie Offer, and holders of OP Units are under no obligation to take any action with respect to the MacKenzie Offer.Mini-tender offers seek less than 5 percent of a company’s outstanding equity. This allows the offering company...

WASHINGTON, June 18, 2020 (GLOBE NEWSWIRE) — WashREIT (NYSE:WRE), a leading owner of multifamily and commercial properties in the Washington, DC area, will release second quarter earnings results after market close on Tuesday, July 28, 2020.The conference call will be held on Wednesday, July 29th, at 9:00 am ET.  Conference call access information is as follows:Instant replay of the conference call will be available until Wednesday, August 12, 2020, at 11:00 pm ET. Instant replay access information is as follows:The live webcast of the conference call will be available on the investor section of WashREIT’s website at www.washreit.com.  WashREIT owns and operates uniquely positioned real estate assets in the Washington, DC Metro area. Backed by decades of experience, expertise, and ambition, we create value by transforming...

TORONTO, June 18, 2020 (GLOBE NEWSWIRE) — Osisko Mining Inc. (OSK:TSX “Osisko” or the “Corporation”), is pleased to announce that it has published its 2019 Sustainable Development report which provides a detailed overview of the Company’s environmental, social, and governance (ESG) performance and economic contributions to the communities in which we operate. The report is available on the Osisko website www.osiskomining.com in English and French.Osisko Mining believes that being a good corporate citizen involves delivering environmental stewardship, protecting the health and well-being of our workforce and our neighbours, engaging with stakeholders and being an economic stimulus for our host communities.Our focus is to deliver lasting value to our stakeholders, our host communities and our employees. As...

TORONTO, 18 juin 2020 (GLOBE NEWSWIRE) — Minière Osisko inc. (OSK : TSX; « Osisko » ou la « Société ») a le plaisir d’annoncer la publication de son rapport de développement durable 2019, qui brosse un tableau détaillé de la performance de la Société face aux enjeux environnementaux, sociaux et de gouvernance (ESG) et des contributions économiques aux communautés où nous exerçons nos activités. Le rapport est disponible sur le site web d’Osisko à l’adresse : www.miniereosisko.com en anglais et en français.Osisko croit qu’être une bonne entreprise citoyenne implique d’assurer une bonne gestion de l’environnement, de protéger la santé et le bien-être de nos travailleurs et de nos voisins, de dialoguer avec nos parties prenantes, et de servir de moteur économique pour nos communautés d’accueil.Nous mettons nos efforts sur la création...

NEW YORK, June 18, 2020 (GLOBE NEWSWIRE) — Royalty Pharma plc (NASDAQ: RPRX) today announced the closing of the initial public offering of 89,333,920 shares of its Class A ordinary shares pursuant to a registration statement on Form S-1 filed with the U.S. Securities and Exchange Commission (“SEC”) at a price to the public of $28.00 per share. The size of the IPO was increased from the previously announced 70,000,000 Class A ordinary shares.  The company offered 71,652,250 Class A ordinary shares and the selling shareholders offered 17,681,670 Class A ordinary shares. The number of Class A ordinary shares issued at closing included the exercise in full of the underwriters’ option to purchase 11,652,250 additional Class A ordinary shares from the company.  The Class A ordinary shares began trading on the Nasdaq Global Select Market...

INDIANAPOLIS, June 18, 2020 (GLOBE NEWSWIRE) — Kite Realty Group Trust (NYSE:KRG) announced today that its Board of Trustees declared a quarterly cash distribution of $0.052 per common share for the quarter ending June 30, 2020. This distribution will be paid on or about July 9, 2020, to shareholders of record as of July 2, 2020.Additionally, the Company repaid $100 million of the outstanding balance on its credit facility with cash on hand, thereby lowering the outstanding amount on its $600 million credit facility to $200 million.About Kite Realty Group TrustKite Realty Group Trust is a full-service, vertically integrated real estate investment trust (REIT) that provides communities with convenient and beneficial shopping experiences. We connect consumers to tenants in desirable markets through our portfolio of neighborhood, community,...

COLUMBUS, Ohio, June 18, 2020 (GLOBE NEWSWIRE) — L Brands, Inc. (NYSE: LB) announced today the closing of its previously announced offering to sell $750 million aggregate principal amount of 6.875% senior secured notes due 2025 (the “Secured Notes”) and $500 million aggregate principal amount of 9.375% senior notes due 2025 (the “Unsecured Notes” and, together with the Secured Notes, the “Notes”) in a private placement offering to eligible purchasers.The Notes are not being registered under the Securities Act of 1933 (the “Securities Act”) or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and applicable state securities laws. The Notes may be resold by the initial purchasers pursuant to...