Day: August 19, 2021

GREELEY, Colo., Aug. 19, 2021 (GLOBE NEWSWIRE) — Pilgrim’s Pride Corporation (NASDAQ: PPC) (the “Company”) announced the pricing of senior unsecured notes for an aggregate principal amount of $900.0 million (the “Notes”). The Notes due in 2032 will be issued at a price of 100% of the aggregate principal amount reflecting a yield to maturity of 3.50%. The aggregate principal amount of the Notes offered was upsized from $750.0 million due to significant investor demand for the Notes. The sale of the Notes is expected to close on September 2, 2021, subject to customary closing conditions. Each of the Company’s domestic wholly-owned restricted subsidiaries that guarantee the Company’s secured credit facility will guarantee the Notes. Prior to the offering of the Notes, S&P Global announced that due to the...

ANNISTON, Ala., Aug. 19, 2021 (GLOBE NEWSWIRE) — Southern States Bancshares, Inc. (NASDAQ: SSBK) (“Southern States”), the holding company for Southern States Bank, an Alabama state-chartered commercial bank (the “Bank”), announced today that the underwriters for Southern States’ initial public offering exercised in full their option to purchase 300,000 additional shares of common stock from Southern States at the initial public offering price of $19.00 per share, less underwriting discounts and commissions. The closing of the over-allotment option occurred today, and as a result, Southern States received a total of approximately $21.1 million in the initial public offering, after deducting underwriting discounts and commissions and estimated offering expenses. Southern States expects to use the net proceeds for general corporate...

VANCOUVER, British Columbia, Aug. 19, 2021 (GLOBE NEWSWIRE) — Kameen Limited (“Kameen“) announced today that it has filed an early warning report under National Instrument 62-103 in connection with the closing of the previously announced qualifying transaction (the “Transaction“) of OOOOO Entertainment Commerce Limited (formerly Evermount Ventures Inc.) (“OOOOO Entertainment Commerce“). Pursuant to the Transaction, among other things, in exchange for its ordinary shares in Video Commerce Group Limited, Kameen received an aggregate of 8,477,058 subordinate voting shares of OOOOO Entertainment Commerce (the “Subordinate Voting Shares“), representing 13.8% of the issued and outstanding Subordinate Voting Shares. Prior to the Transaction, Kameen did not hold any Subordinate Voting Shares...

CHICAGO, Aug. 19, 2021 (GLOBE NEWSWIRE) — Sprout Social, Inc. (“Sprout Social”, the “Company”) (Nasdaq: SPT), an industry-leading provider of cloud-based social media management software, today announced that it will host its first investor day on Wednesday, September 22, 2021 beginning at 9am CT. Please join our executive team for a discussion of the vision, people and product that we believe will strengthen our foundation and position the company to capitalize on a large and growing opportunity ahead. Registration for the virtual-only event can be found at http://sproutsocial.com/investor-day and the event will also be webcast live in this location. Following the presentation, an archived replay will be made available at http://investors.sproutsocial.com. About Sprout Social Sprout Social offers deep social media listening and...

LAFAYETTE, Ind., Aug. 19, 2021 (GLOBE NEWSWIRE) — Wabash National Corporation (NYSE: WNC) today announced that its Board of Directors has authorized the company to repurchase up to an additional $150 million of its common stock through August 2024, representing approximately 20 percent of the company’s current market capitalization. This is an increase to the existing repurchase program approved in November 2018, of which approximately $1 million was available as of August 19, 2021. Brent Yeagy, president and chief executive officer, said, “Since 2015, we have returned approximately $360 million to our stockholders through discretionary repurchase authorizations. This is the largest stock repurchase authorization in the company’s history and reflects the level of confidence we have in our strategic plan, our ability to deliver...

VICTOR, N.Y., Aug. 19, 2021 (GLOBE NEWSWIRE) — Constellation Brands, Inc. (NYSE: STZ and STZ.B), a leading beverage alcohol company, announced today that Garth Hankinson, chief financial officer, will present virtually at the 2021 Barclays Global Consumer Staples Conference on Wednesday, September 8, 2021. The presentation is scheduled to begin at noon ET and is expected to cover the company’s strategic business initiatives, financial metrics, operating performance, as well as outlook for the future. A live, listen-only webcast of the virtual presentation will be available on the company’s website, which can be accessed at www.cbrands.com, under the Investors/Events & Presentations section. When the presentation begins, financial information discussed in the presentation, and a reconciliation of reported (GAAP) financial measures...