Day: June 24, 2020
ЛОНДОН, June 25, 2020 (GLOBE NEWSWIRE) — Johnson Matthey (JM) рада сообщить, что китайская компания Ningxia Baofeng Energy Group успешно запустила завод по производству метанола мощностью в 6600 тонн в сутки на своем комплексе, преобразовывающем 600 тыс. тонн угля в год в олефины (CTO) недалеко от Yinchuan, Провинция Ningxia, КНР, используя катализатор и технологию производства JM. Новый метанольный завод, который после запуска быстро набрал полную мощность, имеет самую большую производительность среди всех заводов в мире.Ввод в эксплуатацию завода по производству метанола стал важной вехой в двухлетнем сотрудничестве между двумя компаниями. Вводом в эксплуатацию руководили специалисты из пекинской команды JM, а вследствие COVID-19 им была предоставлена удаленная поддержка от их команды, базирующейся в Великобритании.Это уже стало...
Northland Power Announces Signing of $465 Million Non-Recourse Debt Financing for EBSA Utility In Colombia
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Northland Power Inc. (“Northland” or “the Company”) (TSX: NPI) is pleased to announce the signing of an agreement for the permanent financing of its distribution utility Empresa de Energía de Boyacá (EBSA) in Colombia for an aggregate amount of approximately $465 million, inclusive of a Canadian dollar tranche and a Colombian peso tranche. The financing is expected to close in early July 2020. The non-recourse debt financing is currently structured as a $450 million term loan and a $15 million debt service reserve credit facility, for an initial two-year term which, Northland expects to renew on an annual basis. The two facilities carry a blended interest rate of approximately 5.3% and provide Northland with the ability to right-size EBSA’s capital structure annually by increasing leverage...
BlackRock® Canada Announces Final June Cash Distributions for the iShares® Premium Money Market ETF
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — BlackRock Asset Management Canada Limited (“BlackRock Canada”), an indirect, wholly-owned subsidiary of BlackRock, Inc. (NYSE: BLK), today announced the final May 2020 cash distributions for the iShares Premium Money Market ETF. Unitholders of record on June 25, 2020 will receive cash distributions payable on June 30, 2020.Details regarding the final “per unit” distribution amounts are as follows:Further information on the iShares ETFs can be found at http://www.blackrock.com/ca.
Martinrea International Inc. Declares Dividend and Expresses Confidence in the Future
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced that it has declared a quarterly cash dividend of $0.05 per share payable to shareholders of record on July 15, 2020, on or about July 25, 2020.In addition, the Company announced that it had amended its lending agreements with its banking syndicate to provide enhanced financial covenant flexibility on a present and go forward basis. The amendments in essence provide that the Company’s calculations of its most basic financial covenant, the Net Debt:LTM EBITDA ratio, for the next four quarterly calculations, would exclude EBITDA from the second quarter of...
Freddie Mac Prices New $5 Billion Three-Year Reference Notes Security
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MCLEAN, Va., June 24, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) announced today that it priced its new 0.25% three-year USD Reference Notes® security due on June 26, 2023. The issue, CUSIP number 3137EAES4, was priced at 99.708 to yield 0.348%, 14 basis points more than the yield on three-year U.S. Treasury Notes. The issue will settle on Friday, June 26, 2020.The new three-year Reference Notes security is offered via a syndicate of dealers headed by Barclays Capital Inc., J.P. Morgan Securities LLC, and TD Securities LLC. Co-managers are Academy Securities Inc., CastleOak Securities LP, MFR Securities Inc., Mischler Financial Group Inc., Multi-Bank Securities Inc., and Samuel A. Ramirez & Co. Inc.This announcement is not an offer to sell any Freddie Mac securities. Offers for any given security are made only through...
Provident Financial Services, Inc. and SB One Bancorp Announce the Receipt of SB One Bancorp Shareholder Approval and the Anticipated Closing Date in Connection with Proposed Merger
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ISELIN, N.J. and PARAMUS, N.J., June 24, 2020 (GLOBE NEWSWIRE) — Provident Financial Services, Inc. (NYSE: PFS) (“Provident”), the parent company of Provident Bank, and SB One Bancorp (NASDAQ: SBBX) (“SB One”), the parent company of SB One Bank, announced today the receipt of approval by the SB One shareholders in connection with the proposed merger of SB One with and into Provident (the “Merger”). Given the receipt of approvals by the Federal Deposit Insurance Corporation and the New Jersey Department of Banking and Insurance, and the receipt of a waiver by the Board of Governors of the Federal Reserve System in lieu of an application, the parties anticipate closing the Merger as of the close of business on July 31, 2020, subject to certain customary closing conditions.About ProvidentProvident Financial Services, Inc. (NYSE:...
VAALCO Provides Comments From Chief Executive Officer During 2020 Annual General Meeting Scheduled for June 25, 2020
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HOUSTON, June 24, 2020 (GLOBE NEWSWIRE) — VAALCO Energy, Inc. (NYSE: EGY; LSE: EGY) today provided the comments Cary Bounds, Chief Executive Officer will make during its upcoming 2020 Annual General Meeting that is being held at 9:00 am central time in Houston, Texas on Thursday, June 25, 2020.“First and foremost I would like to take this moment to extend my thanks to all our staff, in particular our operations personnel, who have worked tirelessly to enable VAALCO to continue to operate effectively during this challenging time of uncertainty. The fact that our operations remain largely unaffected by recent global developments is testament to the commitment and professionalism of our team and further validates our status as a quality international operator.This past year has been highly transformational for VAALCO. The success of...
Worthington Industries Implements Leadership Succession Plan, Names Andy Rose CEO, Effective Sept. 1; John McConnell to Serve as Executive Chairman
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COLUMBUS, Ohio, June 24, 2020 (GLOBE NEWSWIRE) — The Board of Directors of Worthington Industries, Inc. (NYSE:WOR) today announced that B. Andrew (Andy) Rose, the Company’s President, will become President and Chief Executive Officer (CEO), effective Sept. 1, 2020, succeeding long-time Chairman and CEO John P. McConnell who will remain with the Company as Executive Chairman. “It has been my privilege to lead the Company my father founded for over 27 years,” said McConnell. “Andy has been a member of our leadership team for the last 11 years, and I am confident that he will carry our people-first Philosophy forward and lead Worthington through its next phase of growth. Together, we have built a dynamic leadership team that will successfully drive us into the future.”As executive chairman, McConnell will continue to work with Rose,...
Yamana Gold Provides Notice of Second Quarter 2020 Results
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TORONTO, June 24, 2020 (GLOBE NEWSWIRE) — YAMANA GOLD INC. (TSX: YRI; NYSE: AUY) (“Yamana” or “the Company”) will release its second quarter 2020 operational and financial results after the market close July 23, 2020, followed by a conference call and webcast on July 24, 2020, at 9:00 am ET.Second Quarter 2020 Conference CallThe conference call replay will be available from 12:00 p.m. ET on July 24, 2020, until 11:59 p.m. ET on August 14, 2020.About YamanaYamana Gold Inc. is a Canadian-based precious metals producer with significant gold and silver production, development stage properties, exploration properties, and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. Yamana plans to continue to build on this base through expansion and optimization initiatives at existing operating mines, development...
Interpace Biosciences to Host Conference Call and Webcast to Discuss First Quarter, 2020 Financial Results on Thursday June 25, 2020
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PARSIPPANY, NJ, June 24, 2020 (GLOBE NEWSWIRE) — Interpace Biosciences (IDXG) announced today that it will report its first quarter, 2020 financial results on Thursday, June 25, 2020 at 4:30 p.m. ET. Interpace will host a conference call and webcast to discuss the Company’s financial results and provide a general business update.The conference call can be accessed as follows:Following the conclusion of the conference call, a replay will be available through July 9, 2020. The live, listen-only webcast of the conference call may also be accessed by visiting the Investors section of the Company’s website at www.interpacediagnostics.com. A replay of the webcast will be available following the conclusion of the call and will be archived on the Company’s website for 90 days.About Interpace BiosciencesInterpace Biosciences is a leader...