Bombardier Announces Notice of Partial Redemption for $475,000,000 of its 6.00% Senior Notes due 2022

Written by Customer Service on June 22, 2021. Posted in Public Companies.

MONTREAL, June 22, 2021 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of partial redemption for $475,000,000 of its outstanding 6.00% Senior Notes due 2022 (the “Notes”). As set forth in the notice of redemption issued today pursuant to the terms of the indenture governing the Notes, the redemption date is July 22, 2021, and the redemption price is par plus accrued and unpaid interest. Pursuant to the terms of the indenture governing the Notes, the selection of the Notes for redemption will be made by lot in accordance with the procedures of The Depository Trust Corporation. This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in...

Bombardier Announces Notice of Redemption for All of its 5.750% Senior Notes due 2022

Written by Customer Service on June 22, 2021. Posted in Public Companies.

MONTRÉAL, June 22, 2021 (GLOBE NEWSWIRE) — Bombardier Inc. (“Bombardier”) today announced that it has issued a notice of redemption for all of its outstanding 5.750% Senior Notes due 2022 (the “Notes”). As set forth in the notice of redemption issued today pursuant to the terms of the indenture governing the Notes, the redemption date is July 22, 2021, and the redemption price will be calculated on July 19, 2021. Bombardier will disclose the redemption price by press release on July 19, 2021. This press release does not constitute an offer to sell or buy or the solicitation of an offer to buy or sell any security and shall not constitute an offer, solicitation, sale or purchase of any securities in any jurisdiction in which such offering, solicitation, sale or purchase would be unlawful. The Notes mentioned herein have not been...

Former STB Chief Economist, Dr. William Huneke, Believes CN/KCS Combination Will Enhance Competition and That Voting Trust Should Be Approved

Written by Customer Service on June 22, 2021. Posted in Public Companies.

MONTREAL and KANSAS CITY, Mo., June 22, 2021 (GLOBE NEWSWIRE) — CN (TSX: CNR, NYSE: CNI) and Kansas City Southern (NYSE: KSU) (“KCS”) today announced that Dr. William Huneke, the former Director of the Office of Economics and Chief Economist at the Surface Transportation Board (“STB”) has written an op-ed, which was published by Railway Age. In the op-ed, Huneke emphasizes the pro-competitive benefits of a CN/KCS combination, resulting from the companies’ commitment to keep gateways open on commercially reasonable terms. Huneke also points out that, for these benefits to be realized, the CN voting trust must be approved by the STB. The full text of the op-ed can be found below: CN Open Gateways Offer Means New, Enhanced Rail-To-Rail Competition, but STB Must First Approve the CN/KCS Voting Trust Written by Dr. William Huneke Canadian...

Gentherm Named a 2020 Supplier of the Year Winner by General Motors

Written by Customer Service on June 22, 2021. Posted in Public Companies.

NORTHVILLE, Mich., June 22, 2021 (GLOBE NEWSWIRE) — Gentherm (NASDAQ: THRM), a global market leader and developer of innovative thermal management technologies, was named a GM Supplier of the Year winner in General Motors’ 29th annual Supplier of the Year awards. GM recognized 122 of its best suppliers from 16 countries for performance in the 2020 calendar year. The annual awards highlight global suppliers that distinguish themselves by exceeding GM’s requirements, in turn providing GM customers with innovative technologies and among the highest quality in the automotive industry. This is the second time, and second consecutive year, Gentherm has received the award. “As GM works to achieve a future with zero crashes, zero emissions and zero congestion, we are proud to have innovative and dedicated suppliers around the world as...

Churchill Downs Incorporated Names Jason Sauer Senior Vice President of Corporate Development

Written by Customer Service on June 22, 2021. Posted in Public Companies.

Jason Sauer SVP, Corporate Development Churchill Downs Incorporated LOUISVILLE, Ky., June 22, 2021 (GLOBE NEWSWIRE) — Churchill Downs Incorporated (“CDI” or “Company”) (Nasdaq: CHDN) announced today that Jason Sauer has been named Senior Vice President of Corporate Development for the Company. In this role, Sauer will work closely with other Senior Management in the development and execution of CDI’s strategy and growth initiatives and report directly to Bill Carstanjen, Chief Executive Officer of CDI. Sauer joined CDI in 2014 as Senior Director, Corporate Development before his promotion to Vice President, Corporate Development in 2019. “Jason brings a keen aptitude for both traditional M&A deals as well as non-standard, complex commercial arrangements,” said Carstanjen. “During his tenure with CDI, Jason has...

Ascot Resources Announces Results of Annual General Meeting Held June 22, 2021

Written by Customer Service on June 22, 2021. Posted in Public Companies.

VANCOUVER, British Columbia, June 22, 2021 (GLOBE NEWSWIRE) — Ascot Resources Ltd. (TSX: AOT; OTCQX: AOTVF) (“Ascot” or the “Company”) reports that at its annual general meeting (the “AGM”) held today, June 22, 2021, Ascot’s shareholders approved by majority: to elect all seven directors standing for re-election; to re-appoint PricewaterhouseCoopers LLP as the Company’s auditor; the Advance Notice Policy of the Company; and the philosophy and design of the Company’s executive compensation. Detailed results of the votes held by ballot at the AGM are set out below: Nominee Total VotesCast Total VotesCast For VotesWithheld %For %Withheld William Bennett 169,120,902 162,568,232 6,552,670 96.13 3.87 Kenneth Carter 169,096,477 169,023,363 73,114 99.96 0.04 Robert Evans 169,120,902 169,039,438 81,464 99.95 0.05 Don...

SmartCentres Declares Distribution for June 2021

Written by Customer Service on June 22, 2021. Posted in Dividend Reports And Estimates.

TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — SmartCentres Real Estate Investment Trust (“SmartCentres” or the “Trust”) (TSX:SRU.UN) announced today that the trustees of SmartCentres have declared a distribution for the month of June 2021 of CDN $0.15417 per trust unit, representing CDN $1.85 per unit on an annualized basis. Payment will be made on July 15, 2021 to unitholders of record on June 30, 2021. About SmartCentres SmartCentres Real Estate Investment Trust is one of Canada’s largest fully integrated REITs, with a best-in-class portfolio featuring 168 strategically located properties in communities across the country. SmartCentres has approximately $10.3 billion in assets and owns 33.8 million square feet of income producing value-oriented retail space with over 97% occupancy, on 3,500 acres of owned land across Canada. SmartCentres...

HP Inc. Names Bruce Broussard to Board of Directors

Written by Customer Service on June 22, 2021. Posted in Public Companies.

PALO ALTO, Calif., June 22, 2021 (GLOBE NEWSWIRE) — HP Inc. (NYSE: HPQ) today announced the appointment of Bruce Broussard to its Board of Directors. Broussard currently serves as President and Chief Executive Officer of Humana, one of the world’s leading healthcare companies. “Bruce’s diverse leadership experience spanning public companies and private organizations, combined with his extensive expertise in the healthcare and health technology arenas, will be an excellent addition to our Board as we continue to transform HP and drive long-term value creation,” said Chip Bergh, Chair of HP’s Board of Directors. Prior to joining Humana in 2011, Broussard was CEO of McKesson Specialty/US Oncology, Inc. US Oncology was purchased by McKesson in December 2010. At US Oncology, he served in a number of senior executive roles, including...

New OpenVPX blade server provides advanced security and data center-class processing

Written by Customer Service on June 22, 2021. Posted in Public Companies.

Next-generation edge processing technology enables advanced AI applications, autonomous platforms and smarter missions Mercury Systems HDS6705 Blade Server Mercury’s HDS6705 blade servers are powered by artificial intelligence (AI)-enabling Second Generation Intel Xeon Scalable processors and feature advanced ruggedization and high-speed switch fabric interconnect technologies that deliver secure multifunction processing capability. ANDOVER, Mass., June 22, 2021 (GLOBE NEWSWIRE) — Mercury Systems Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, today announced the EnsembleSeries™ HDS6705 blade server, the embedded computing industry’s most powerful, general-purpose processing 6U OpenVPX™ blade server with built-in security for the most demanding...

Timbercreek Financial Announces $45 Million Bought Deal Offering of Convertible Debentures and Redemption of 5.45% Convertible Unsecured Debentures

Written by Customer Service on June 22, 2021. Posted in Public Companies.

THIS NEWS RELEASE IS NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. TORONTO, June 22, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial Corp. (TSX: TF) (“Timbercreek Financial” or the “Company”) today announced that it has entered into an agreement with a syndicate of underwriters led by National Bank Financial Inc. and TD Securities Inc. pursuant to which the underwriters will purchase $45 million aggregate principal amount of 5.25% convertible unsecured subordinated debentures of the Company due July 31, 2028 (the “Debentures”) at a price of $1,000 per Debenture (the “Offering”). The Company has also granted to the underwriters an over-allotment option to purchase up to an additional $6.75 million aggregate principal amount of Debentures at the same price, exercisable in whole or in part...

Day: June 22, 2021

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