Day: February 8, 2021
WEST PALM BEACH, Fla., Feb. 08, 2021 (GLOBE NEWSWIRE) — Ocwen Financial Corporation (NYSE: OCN) (“Ocwen” or the “Company”), a leading non-bank mortgage servicer and originator, today announced the appointment of George T. Henley as Executive Vice President and Chief Growth Officer, effective February 15, 2021. Mr. Henley will become a member of the Company’s executive leadership team and report to Glen A. Messina, President and Chief Executive Officer of Ocwen.In this role, Mr. Henley will be responsible for the growth and development of the Company’s originations business and operations. This includes customer acquisition and retention in forward and reverse mortgages; enterprise sales efforts to expand its subservicing, correspondent and flow mortgage servicing rights (“MSR”) client base; and the purchase of bulk MSRs. He will...
HighPeak Energy, Inc. Announces 2020 Year End Proved Reserves
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FORT WORTH, Texas, Feb. 08, 2021 (GLOBE NEWSWIRE) — HighPeak Energy, Inc. (“HighPeak Energy” or the “Company”) (NASDAQ: HPK) today announced its 2020-year end proved reserves.As of December 31, 2020, HighPeak Energy’s estimated proved reserves, prepared by Cawley, Gillespie & Associates, Inc., increased 96% to 22.5 MMBoe consisting of 84% oil, 6% natural gas and 10% natural gas liquids compared with the December 31, 2019 estimated proved reserves of its predecessor, HPK Energy, LP. Proved developed reserves increased 107% to 10.3 MMBoe and were 46% of the Company’s total proved reserves. The Company’s PV-10, a non-GAAP financial measure, was $235 million at year end 2020, an increase of 67%, compared with $141 million at year end 2019, each based on pricing guidelines established by the Securities and Exchange Commission (“SEC”)....
Century Aluminum Sets Date for Fourth Quarter 2020 Earnings Announcement
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CHICAGO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Century Aluminum Company (NASDAQ: CENX) will report fourth quarter 2020 earnings on Thursday, February 18, 2021 after the close of market trading. The news release will be issued through GlobeNewswire.The company will hold a follow-up conference call on Thursday, February 18, 2021 at 5:00 p.m. Eastern time.The earnings call will be webcast live on the Century Aluminum Company website, located at www.centuryaluminum.com. Plan to begin the registration process at least 10 minutes before the live call is scheduled to begin. A replay of the webcast will be archived and available for replay approximately two hours following the live call.
Kayne Anderson NextGen Energy & Infrastructure Enters Into $50 Million Revolving Credit Facility
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HOUSTON, Feb. 08, 2021 (GLOBE NEWSWIRE) — Kayne Anderson NextGen Energy & Infrastructure, Inc. (the “Fund”) (NYSE: KMF) announced today that it has entered into a $50 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility matures on February 25, 2022. The Credit Facility replaces the Fund’s $75 million unsecured revolving credit facility that was scheduled to mature on February 8, 2021.The interest rate on outstanding borrowings under the Credit Facility may vary between LIBOR plus 1.30% and LIBOR plus 2.15%, depending on the Fund’s asset coverage ratios. Based on the Fund’s current asset coverage ratios, the interest rate is one-month LIBOR plus 1.30%. The Fund will pay a commitment fee of 0.20% per annum on any unused amounts of the Credit Facility. As of February...
Kayne Anderson Energy Infrastructure Fund Enters Into $170 Million Revolving Credit Facility
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HOUSTON, Feb. 08, 2021 (GLOBE NEWSWIRE) — Kayne Anderson Energy Infrastructure Fund, Inc. (the “Company”) (NYSE: KYN) announced today that it that it has entered into a $170 million unsecured revolving credit facility (the “Credit Facility”) with a syndicate of lenders. The Credit Facility matures on February 25, 2022. The Credit Facility replaces the Company’s $225 million unsecured revolving credit facility that was scheduled to mature on February 8, 2021.The interest rate on outstanding borrowings under the Credit Facility may vary between LIBOR plus 1.30% and LIBOR plus 2.15%, depending on the Company’s asset coverage ratios. Based on the Company’s current asset coverage ratios, the interest rate is one-month LIBOR plus 1.30%. The Company will pay a commitment fee of 0.20% per annum on any unused amounts of the Credit Facility....
Autolus Announces Proposed Public Offering in the United States
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LONDON, Feb. 08, 2021 (GLOBE NEWSWIRE) — Autolus Therapeutics plc (Nasdaq: AUTL), a clinical-stage biopharmaceutical company developing next-generation programmed T cell therapies, today announced that it has commenced an underwritten public offering of up to $100 million of its American Depositary Shares (“ADSs”), each ADS representing one ordinary share. All ADSs to be sold in the proposed offering will be offered by Autolus. Autolus also intends to grant the underwriters a 30-day option to purchase up to an additional $15 million of ADSs at the public offering price, on the same terms and conditions. The offering is subject to market conditions, and there can be no assurance as to whether or when the offering may be completed or the actual size or terms of the offering.J.P. Morgan and Wells Fargo Securities are acting as joint...
OptimizeRx Announces Proposed Public Offering of Common Stock
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ROCHESTER, Mich., Feb. 08, 2021 (GLOBE NEWSWIRE) — OptimizeRx Corporation (Nasdaq: OPRX) (“OptimizeRx”), a leading provider of digital health solutions for life science companies, physicians and patients, today announced it has commenced an underwritten public offering of shares of its common stock. OptimizeRx is expected to grant the underwriters a 30-day option to purchase up to an additional 15% of the shares of common stock being offered at the public offering price, less underwriting discounts and commissions. All of the shares will be offered by OptimizeRx.The net proceeds of the offering will be used for general corporate purposes, which may include future acquisitions. OptimizeRx does not have any immediate arrangements, commitments or understandings regarding any future acquisitions.William Blair & Company, L.L.C....
DHT Holdings, Inc. Fourth Quarter 2020 Results
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HAMILTON, BERMUDA, February 8, 2021 – DHT Holdings, Inc. (NYSE:DHT) (“DHT” or the “Company”) today announced its results for the quarter ended December 31, 2020.The full report is available here and in the below attachment.About DHT Holdings, Inc.DHT is an independent crude oil tanker company. Our fleet trades internationally and consists of crude oil tankers in the VLCC segment. We operate through our integrated management companies in Monaco, Singapore and Oslo, Norway. You shall recognize us by our business approach with an experienced organization with focus on first rate operations and customer service, quality ships built at quality shipyards, prudent capital structure with robust cash break even levels to accommodate staying power through the business cycles, a combination of market exposure and fixed income contracts for our fleet...
Scorpio Tankers Inc. to Announce Fourth Quarter 2020 Results and Have a Conference Call on February 18, 2021
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MONACO, Feb. 08, 2021 (GLOBE NEWSWIRE) — Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers,” or the “Company”) announced today that on Thursday, February 18, 2021, the Company plans to issue its fourth quarter 2020 earnings press release in the morning (Eastern Standard Time) and host a conference call at 8:30 AM Eastern Standard Time and 2:30 PM Central European Time.Conference Call DetailsDate: Thursday, February 18, 2021Time: 8:30 AM Eastern Standard Time and 2:30 PM Central European TimeThe conference call will be available over the internet, through the Scorpio Tankers Inc. website www.scorpiotankers.com and the webcast Link: https://edge.media-server.com/mmc/p/gp5u9drqParticipants for the live webcast should register on the website approximately 10 minutes prior to the start of the webcast.The conference...
ESCO Announces First Quarter Fiscal 2021 Results
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St. Louis, Feb. 08, 2021 (GLOBE NEWSWIRE) — ESCO Technologies Inc. (NYSE: ESE) (ESCO, or the Company) today reported its operating results for the first quarter ended December 31, 2020 (Q1 2021) compared to the first quarter ended December 31, 2019 (Q1 2020).COVID-19 UpdateVic Richey, Chairman and Chief Executive Officer, commented, “While we continue managing through the COVID-19 global pandemic, our primary focus remains the health and safety of our employees, customers and suppliers, thereby securing the financial well-being of the Company.“Our Q1 2021 results reflect the importance of maintaining diversity across our end-markets, as this diversity, coupled with our strong balance sheet and substantial liquidity will continue to support our long-term growth. Our multi-segment platform, enabled us to substantially mitigate COVID-19’s...