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Day: October 2, 2020

IBI Group Announces Closing of Previously Announced Offering of 6.50% Senior Unsecured Debentures for Total Gross Proceeds of $46 Million

NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE U.S.TORONTO, Oct. 02, 2020 (GLOBE NEWSWIRE) — IBI Group Inc. (the “Company” or “IBI“) (TSX:IBG) announced today that it has closed the previously announced offering of 6.50% senior unsecured debentures (the “Debentures“) for total gross proceeds of the Offering (as defined below) of $46 million. Through CIBC Capital Markets and National Bank Financial Inc., on behalf of a syndicate of underwriters and agents, respectively, $23,175,000 principal amount of the Debentures (inclusive of the over-allotment option granted to the underwriters) were issued on a bought deal basis (the “Public Offering“) and $22,825,000 principal amount of the Debentures were issued to select institutional investors on a private placement...

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Linx’s Board Approves Call of Extraordinary Shareholders Meeting and Issues a Voting Recommendation in Favor of Stone’s Transaction

SÃO PAULO, Brazil, Oct. 02, 2020 (GLOBE NEWSWIRE) — StoneCo Ltd. (Nasdaq: STNE) (“Stone”), a leading provider of financial technology solutions that empower merchants to conduct commerce seamlessly across multiple channels, today announces that Linx’s Board has approved to call the Linx Shareholders Meeting to consider Stone´s business combination with Linx (the “Transaction”).Following the announcements on August 11, 2020 and September 1, 2020 regarding the Transaction, Stone announces that Linx’s Board has (i) approved the issuance of a Call Notice for an Extraordinary Shareholders Meeting (“ESM”) to consider the Transaction, to be held on November 17, 2020; (ii) issued a voting recommendation to its shareholders for the acceptance of Stone’s transaction; and (iii) approved and issued the Transaction merger protocol (“Protocolo...

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Great Lakes Announces Receipt of $59.8 Million in Awarded Work Resulting in a Total of $416.8 Million of Awards for the Third Quarter of 2020

OAK BROOK, Ill., Oct. 02, 2020 (GLOBE NEWSWIRE) — Great Lakes Dredge & Dock Corporation (“Great Lakes”) (NASDAQ:GLDD), the largest provider of dredging services in the United States, announced today the receipt of several major dredging awards totaling $59.8 million.The awarded work includes:Atchafalaya River Bay, Bar and Crewboat Cut Maintenance Dredging Project (Maintenance, Louisiana, $13.8 million)Shore Protection, North Reach Segment, Beach Renourishment Brevard County Project (Coastal Protection, Florida, $10.6 million)Shore Protection, Fort Pierce, Beach Re-nourishment Project (Coastal Protection, Florida, $8.5 million) Mobile Harbor Deepening and Widening Project (Capital, Alabama, $8.3 million)Three additional capital and maintenance awards totaling $18.6 millionThe Atchafalaya River Bay, Bar and Crewboat...

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Freddie Mac Prices $986 Million Multifamily K-Deal, K-F86

MCLEAN, Va., Oct. 02, 2020 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) has priced a new offering of Structured Pass-Through Certificates (K Certificates), which includes a class of floating rate bonds indexed to the Secured Overnight Financing Rate (SOFR). The approximately $986 million in K Certificates (K-F86 Certificates) are expected to settle on or about October 13, 2020. The K-F86 Certificates are backed by floating-rate multifamily mortgages with 7-year terms, which are currently LIBOR-based.K-F86 includes one class (Class AL) of senior bonds indexed to LIBOR and another class (Class AS) of senior bonds indexed to SOFR. Freddie Mac will provide a basis risk guarantee on Class AS that covers any floating interest rate basis risk if the value of SOFR exceeds the value of LIBOR.K-F86 PricingDetailsCo-Lead Managers and Joint...

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Pinehurst Capital Announces Start of Exploration at QT Target in Arizona and Provides Details on Contemplated Financing

TORONTO, Oct. 02, 2020 (GLOBE NEWSWIRE) — Pinehurst Capital I Inc. (TSXV: PHT.P) (the “Corporation” or “Pinehurst”), a capital pool company listed on the TSX Venture Exchange (“TSXV”), on August 27, 2020 announced details of its proposed arm’s length qualifying transaction with Silver Bullet Mines Inc. (“Silver Bullet”), a mining company focused on silver exploration with its primary asset being the Black Diamond Property (the “Property”) located near Globe, Arizona.Pinehurst entered into a letter of intent with Silver Bullet dated August 26, 2020 (the “Letter of Intent”) pursuant to which Pinehurst and Silver Bullet have agreed to complete a business combination (the “Transaction”) whereby Pinehurst will be the parent company (the “Resulting Issuer”) and 100% of the issued and outstanding of securities of Silver Bullet will be owned...

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National Energy Regulatory Council set the price cap for electricity transmission

LITGRID AB (company code 302564383, registered office address Viršuliškių skg. 99B, Vilnius, Lithuania), notifies that on 1 October 2020 the State Energy Regulatory Council set a price cap of 0.721 ct./kWh for high-voltage electricity transmission services for 2021, which is 11.4 percent lower compared to the one set for the year 2020 (0.814 ct./kWh).It  will be effective from  1st January 2021.The tariff is lower due to the decision of the Company to return 10 million euros of higher actual return on investment one year earlier (for the period of 2018-2019) than it is set by the regulator.The individual authorized by LITGRID AB to provide additional information on the material event:Jurga EivaitėCommunications project  Managertel. +370 613 19977e-mail: jurga.eivaite@litgrid.eu

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Valstybinė energetikos reguliavimo taryba patvirtino elektros energijos perdavimo paslaugos kainos viršutinę ribą

LITGRID AB (juridinio asmens kodas: 302564383, registruotos buveinės adresas: Viršuliškių skg. 99B, Vilnius) informuoja, kad  2020 metų spalio 1 d. Valstybinė energetikos reguliavimo taryba 2021-iems metams nustatė 0,721 ct/kWh elektros energijos perdavimo aukštos įtampos tinklais paslaugos kainos viršutinę ribą, t. y. 11,4 proc. mažesnę, palyginus su nustatyta 2020 metams (0,814 ct/kWh).Ji įsigalios nuo 2021 m. sausio 1 dienos.Tarifas yra mažesnis dėl Bendrovės sprendimo vieneriais metais anksčiau nei nustato reguliavimas gražinti 10 milijonų eurų  dėl 2018-2019 m. gautos didesnės faktinės investicijų grąžos, nei nustatyta reguliatoriaus.LITGRID AB įgaliotas asmuo teikti papildomą informaciją: Jurga EivaitėKomunikacijos projektų vadovėtel. +370 613 19977 el. paštas: jurga.eivaite@litgrid.eu

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Sienna Announces Completion of $175 Million Offering of 3.45% Series B Senior Unsecured Debentures and Closing of $100 Million Secured Term Credit Facility

NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATESMARKHAM, Ontario, Oct. 02, 2020 (GLOBE NEWSWIRE) — Sienna Senior Living Inc. (“Sienna”) (TSX: SIA) announced today that it has completed its previously announced offering (the “Offering”) of $175 million aggregate principal amount of series B senior unsecured debentures (the “Debentures”). The Offering was led by BMO Capital Markets and TD Securities as joint lead bookrunners, and CIBC Capital Markets as additional joint lead. The Debentures carry a coupon rate of 3.45% per annum and will mature on February 27, 2026.Contemporaneous with the closing of the Offering, Sienna entered into a $100 million secured term credit facility (the “Credit Facility”) with a Canadian chartered bank. The Credit Facility has an initial term of one year and may...

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Sharing Services Global Corporation (SHRG) Announces the Appointment of Two Directors

PLANO, Texas, Oct. 02, 2020 (GLOBE NEWSWIRE) — via NetworkWire — Sharing Services Global Corporation (OTCQB: SHRG) (the “Company”), formerly Sharing Services Inc., announces the appointment of Frank D. Heuszel and Sassuan (Sam) Lee to serve as directors on its Board.“We are pleased to have Frank and Sam join the Board and look forward to the variety and depth of executive management and international experience they will bring to the Board,” stated John “JT” Thatch, president/CEO and director of SHRG.“I look forward to being part of the team to help grow Sharing Services and to build upon the success that their team and the other Sharing Services Directors have already achieved.  I am excited about helping Sharing Services continue to serve its customers, develop new products and markets, to grow its independent representative...

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Afya Limited Announces Medical School Authorization – Santa Inês – MA.

NOVA LIMA, Brazil and MINAS GERAIS, Brazil, Oct. 02, 2020 (GLOBE NEWSWIRE) — Afya Limited, or Afya (Nasdaq: AFYA) today announced that the Secretary of Regulation and Supervision of Higher Education of the Ministry of Education (“MEC”) granted the authorization to operate the undergraduate medicine course in Santa Inês in the State of Maranhão, under Mais Médicos II program.This medical school is the first authorized in connection with the Mais Médicos program for Afya and will contribute 50 seats to our operating seats base.About AfyaContact: Investor Relations: ir@afya.com.brA photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ffdf78e9-ca23-4fc4-81de-25a3ed9abe2f

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