Day: February 9, 2021

PARIS, Feb. 09, 2021 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) today announced that the Company has priced a private offering (the “Notes Offering”) of $500 million of U.S. dollar denominated sustainability-linked senior unsecured notes due 2029 (the “Sustainability-Linked Notes”).The Sustainability-Linked Notes will bear interest at a rate of 3.75% per annum, subject to adjustments described below, payable semi-annually in arrears. The Sustainability-Linked Notes will be guaranteed on a senior unsecured basis by certain of the Company’s subsidiaries. The Notes Offering is expected to close on February 24, 2021, subject to customary closing conditions.The Company expects to use the net proceeds of the Notes Offering, together with cash on hand, to repurchase pursuant to a tender offer (the “Tender...

At the beginning of 2020, coronavirus caused crises led tourism sector to the suspension and forced to fight for survival. All implemented measures and active co-operation with the governments and responsible institutions of the Baltic States, allowed the Company to overcome these challenges. Although last year has been financially unprofitable, “Novaturas” group starts 2021 on a positive note – due to received necessary loans the Company intends to settle with all travelers whose trips were cancelled because of pandemic till the end of February. Also, from February, the Company resumes flights to the most popular winter holidays destinations, and, if the epidemiological situation is favorable, Lithuanian travelers will be offered usual holiday packages in Mediterranean and other southern European resorts.  Having in mind that the vaccination...

Praėjusių metų pradžioje kilusi koronaviruso krizė, lėmusi turizmo sektoriaus veiklos sustabdymą, privertė suremti pečius ir pakovoti dėl išlikimo. Pasitelkus visas pastangas bei aktyviai dirbant su  Baltijos šalių vyriausybėmis ir atsakingomis institucijomis iššūkiai buvo įveikiami. Nors praėję metai finansiškai buvo nuostolingi, 2021 metus Bendrovė pradeda pozityviomis žiniomis – susitarta dėl reikalingų paskolų, iki vasario mėnesio pabaigos ketinama atsiskaityti su visais keliautojais, dėl pandemijos negalėjusiais išvykti  suplanuotų atostogų. Taip pat nuo vasario mėnesio Bendrovė atnaujina skrydžius į populiariausias žiemos sezono kryptis, o, jei epidemiologinė situacija leis, vasaros sezono metu Lietuvos keliautojams bus pasiūlyta ilsėtis įprastuose Viduržemio jūros ir kituose Pietų Europos kurortuose. Atsižvelgiant į visame pasaulyje...

MILWAUKEE, Feb. 09, 2021 (GLOBE NEWSWIRE) — Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its assets under management (“AUM”) as of January 31, 2021 totaled $156.5 billion. Separate accounts1 accounted for $81.4 billion of total firm AUM, while Artisan Funds and Artisan Global Funds accounted for $75.1 billion.1 Separate account AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, in funds (both public and private) that we sub-advise, and in our own private funds.2 Prior to this report, assets under management in the International Small Cap Value, Credit Opportunities, and Antero Peak...

CALGARY, Alberta and VICTORIA, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — CE Brands Inc. (TSXV:CEBI.P, “CEBI”) and eBuyNow eCommerce Ltd. (“EBN”) are pleased to announce that they have entered into an amended and restated amalgamation agreement dated January 28, 2021 (the “Amended Agreement”), which contemplates amendments to their proposed business combination (the “Proposed Transaction”), which was originally announced on March 13, 2020.The Proposed Transaction is subject to certain conditions and applicable shareholder and TSX Venture Exchange (the “Exchange”) approvals and is intended to constitute the Qualifying Transaction of CEBI within the meaning of the policies of the Exchange. Following the completion of the Proposed Transaction, CEBI intends to carry on the current business of EBN.Proposed TransactionThe Amended...

VANCOUVER, British Columbia, Feb. 09, 2021 (GLOBE NEWSWIRE) — Ballard Power Systems (“Ballard” or “the Company”) (NASDAQ: BLDP; TSX: BLDP) today announced that it has entered into an agreement with a syndicate of underwriters led by TD Securities Inc. and National Bank Financial Inc. (collectively, the “Underwriters”), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis, 9,460,000 common shares of the Company (the “Common Shares”) at a price of US$37.00 per Common Share (the “Offering Price”) for gross proceeds of US$350,020,000 (the “Offering”). The Underwriters have also been granted an option (the “Over-Allotment Option”), exercisable in whole or in part and from time to time, at any time until 30 days after the...

PERRYSBURG, Ohio, Feb. 09, 2021 (GLOBE NEWSWIRE) — FOR IMMEDIATE RELEASE     O-I Glass, Inc. (“O-I”) (NYSE: OI) today reported financial results for the full year and fourth quarter ended December 31, 2020.“The global pandemic significantly impacted O-I’s results in 2020. Yet, business conditions improved later in the year as market conditions stabilized. We are pleased with our fourth quarter results as earnings and cash flows exceeded the company’s most recent outlook. Glass shipments were consistent with prior year levels and operating and cost performance continued to surpass expectations,”  said Andres Lopez, CEO.“The company continued to take bold structural actions to improve O-I’s business fundamentals during 2020, despite the challenges of the pandemic. The benefit from the company’s turnaround initiatives to expand margins...

CAMBRIDGE, Mass., Feb. 09, 2021 (GLOBE NEWSWIRE) — Codiak BioSciences, Inc. (Nasdaq: CDAK) (“Codiak”), a clinical-stage company focused on pioneering the development of exosome-based therapeutics as a new class of medicines, announced today that it has commenced an underwritten public offering of 2,500,000 shares of its common stock. Codiak intends to grant the underwriters a 30-day option to purchase an additional 375,000 shares of its common stock, at the public offering price, less the underwriting discounts and commissions. All the shares to be sold in the proposed offering will be sold by Codiak. The offering is subject to market and other conditions, and there can be no assurances as to whether or when the offering may be completed, or as to the actual size and terms of the offering.Goldman Sachs & Co. LLC, Evercore ISI...

HOUSTON, Feb. 09, 2021 (GLOBE NEWSWIRE) — Plains All American Pipeline, L.P. (Nasdaq: PAA) and Plains GP Holdings (Nasdaq: PAGP) today reported fourth-quarter and full-year 2020 results and provided an update on other matters, as highlighted below.Summary HighlightsReported fourth-quarter and full-year 2020 net cash flow from operations of $258 million and $1,514 million, respectively, and a net loss of $28 million and $2,590 million, respectively. Reported full-year net loss incorporates the impact of $3.4 billion of non-cash goodwill and asset impairment charges incurred in the yearDelivered fourth-quarter and full-year 2020 Adjusted EBITDA of $559 million and $2,560 million, respectively (full-year results within 1% of original guidance furnished in February of 2020)Completed ~$450 million of assets sales in 2020Reduced full-year...