Day: November 23, 2021

Operational Highlights and Financial Results for the Period Ended September 30, 2021

Operational Highlights and Financial Results for the Period Ended September 30, 2021

NEW YORK, Nov. 23, 2021 (GLOBE NEWSWIRE) — Mesoblast Limited (Nasdaq:MESO; ASX:MSB), global leader in allogeneic cellular medicines for inflammatory diseases, today reported operational highlights and financial results for the first quarter ended September 30, 2021. “We are pleased to have entered into a strategic financing partnership with leading global investment management firm Oaktree Capital as we focus on bringing our first product to the US market and in line with our commercial growth strategy over the next five years,” said Silviu Itescu, Chief Executive of Mesoblast” Financial & Operational Highlights Successfully entered into a refinancing and expansion of our senior debt facility with Oaktree Capital Management. The new US$90 million, 5-year secured facility has a 3-year interest only period after which time...

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Acuity Brands Announces 2021 EarthLIGHT Report

Acuity Brands Announces 2021 EarthLIGHT Report

Achieves Carbon Neutrality in Operations, Targets 100 Million Metric Tons of Carbon Avoidance by 2030, and Shares EarthLIGHT Progress 2021 EarthLIGHT Report Cover This photo is the cover image of the 2021 EarthLIGHT Report. November 23, 2021 Atlanta, GA, Nov. 23, 2021 (GLOBE NEWSWIRE) — Acuity Brands, Inc. (NYSE: AYI)  (“Acuity”) a market-leading industrial technology company, today announced it has published its third annual EarthLIGHT Report, highlighting its Fiscal Year 2021 accomplishments and ongoing progress on its initiatives. EarthLIGHT–a central tenet of Acuity’s strategy–reflects its comprehensive approach to manage, organize and report Environmental, Social, and Governance (“ESG”) topics. Through EarthLIGHT, Acuity improves its performance, increases transparency, and better highlights results...

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Alignment Healthcare Announces Closing of Secondary Offering

Alignment Healthcare Announces Closing of Secondary Offering

ORANGE, Calif., Nov. 23, 2021 (GLOBE NEWSWIRE) — Alignment Healthcare, Inc. (“Alignment Healthcare” or the “Company”), a mission-based, tech-enabled Medicare Advantage company, today announced the closing of its previously announced underwritten public offering of 9,200,000 shares of its common stock by certain selling stockholders at $21.00 per share, including the exercise in full of the underwriters’ option to purchase 1,200,000 additional shares of common stock at the public offering price, less underwriting discounts and commissions. The Company will not receive any of the proceeds from the sale of the shares of its common stock by the selling stockholders, and the selling stockholders will bear the costs associated with the sale of such shares, including underwriting discounts and commissions. Goldman Sachs & Co. LLC,...

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ECN Capital Announces Redemption of  Cumulative 5-Year Minimum Rate Reset Preferred Shares, Series A

ECN Capital Announces Redemption of Cumulative 5-Year Minimum Rate Reset Preferred Shares, Series A

TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN, ECN.PR.A) (“ECN Capital” or the “Company”) announced today that it intends, in accordance with the terms of the Cumulative 5-Year Minimum Rate Reset Preferred Shares, Series A (the “Series A Shares”) as set out in the Company’s articles, to redeem all of the Company’s issued and outstanding Series A Shares. The 3,843,100 Series A Shares will be redeemed on December 31, 2021 (the “Redemption Date”) for a redemption price equal to $25.00 per Series A Share, together with all accrued and unpaid dividends up to but excluding the Redemption Date (the “Redemption Price”), less any tax required to be deducted and withheld by the Company. As previously announced, the Company’s Board of Directors has declared a dividend of $0.40625 per Series A Share for the fourth quarter...

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Leonovus Inc. Files Q3 2021 Financial Results

Leonovus Inc. Files Q3 2021 Financial Results

OTTAWA, Nov. 23, 2021 (GLOBE NEWSWIRE) — Leonovus Inc. (“Leonovus”) (TSXV: LTV) announces the filing of its unaudited Interim Financial Statements and Management Discussion and Analysis (“MD&A”) for the quarter ended September 30, 2021. Our MD&A contains a comprehensive discussion of Leonovus’ financial position and results of operations and is available on SEDAR at www.sedar.com. Amounts are in Canadian dollars. “As noted in previous communications, our sales strategy has focused on the Canadian federal government (“GOC”) to become the anchor customer. In May 2021, we responded to a major GOC RFP for a secure file transfer solution, which fits our XVault and Smart Filer technology. Over the summer and fall, based on evolving Q&A between the GOC and all bidders, product management prioritized completing several XVault...

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Timbercreek Financial Declares November 2021 Dividend

Timbercreek Financial Declares November 2021 Dividend

TORONTO, Nov. 23, 2021 (GLOBE NEWSWIRE) — Timbercreek Financial (TSX: TF) (the “Company”) is pleased to announce that it has declared a monthly cash dividend of $0.0575 per common share (“Common Share”) of the Company to be paid on December 15, 2021 to holders of Common Shares of record on November 30, 2021. The Company also offers a Dividend Reinvestment Plan (the “Plan”), which is eligible to holders of Common Shares and provides a convenient means to purchase additional Common Shares by reinvesting cash dividends at a potential discount and without having to pay commissions, service charges or brokerage fees. Pursuant to the Plan and at the discretion of Timbercreek Capital Inc., the Manager, Common Shares will be acquired in the open market at prevailing prices or issued from treasury at 98 percent of the average market price...

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Freddie Mac Issues Monthly Volume Summary for October 2021

Freddie Mac Issues Monthly Volume Summary for October 2021

MCLEAN, Va., Nov. 23, 2021 (GLOBE NEWSWIRE) — Freddie Mac (OTCQB: FMCC) today posted to its website its Monthly Volume Summary for October 2021, which provides information on Freddie Mac’s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac makes home possible for millions of families and individuals by providing mortgage capital to lenders. Since our creation by Congress in 1970, we’ve made housing more accessible and affordable for homebuyers and renters in communities nationwide. We are building a better housing finance system for homebuyers, renters, lenders, and taxpayers. Learn more at FreddieMac.com, Twitter @FreddieMac, and Freddie Mac’s blog FreddieMac.com/blog. MEDIA CONTACT: Fred Solomon703-903-3861Frederick_Solomon@freddiemac.com INVESTOR...

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Fanhua Announces Quarterly Cash Dividend of US$0.15 per ADS for the Third Quarter of 2021

Fanhua Announces Quarterly Cash Dividend of US$0.15 per ADS for the Third Quarter of 2021

GUANGZHOU, China, Nov. 23, 2021 (GLOBE NEWSWIRE) — The board of directors of Fanhua Inc. (“Fanhua” or “the Company”) (Nasdaq: FANH), a leading independent financial services provider in China, today announced that its Board of Directors (the “Board”) has declared a quarterly dividend of US$0.0075 per ordinary share, or US$0.15 per ADS for the third quarter of 2021. The dividend is payable on or around December 22, 2021 to shareholders of record on December 8, 2021. About Fanhua Inc. Fanhua Inc. is a leading independent financial services provider. Through our online platforms and offline sales and service network, we offer a wide variety of financial products and services to individuals, including life and property and casualty insurance products. We also provide insurance claims adjusting services, such as damage assessments,...

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Dycom Industries, Inc. to Participate in the BofA Securities 2021 Virtual Leveraged Finance Conference

Dycom Industries, Inc. to Participate in the BofA Securities 2021 Virtual Leveraged Finance Conference

PALM BEACH GARDENS, Fla., Nov. 23, 2021 (GLOBE NEWSWIRE) — Palm Beach Gardens, Florida, November 23, 2021 – Dycom Industries, Inc. (NYSE: DY) today announced that its senior management will participate in the BofA Securities 2021 Virtual Leveraged Finance Conference on Wednesday, December 1, 2021. Presentation materials shared at the conference will be available in the Events and Presentations section of Dycom’s Investor Center website at https://ir.dycomind.com for approximately 30 days. About Dycom Industries, Inc. Dycom is a leading provider of specialty contracting services throughout the United States. These services include program management; planning; engineering and design; aerial, underground, and wireless construction; maintenance; and fulfillment services for telecommunications providers. Additionally, Dycom...

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CORRECTION - First Eagle Alternative Capital BDC Announces Redemption of 6.125% Notes due 2023

CORRECTION – First Eagle Alternative Capital BDC Announces Redemption of 6.125% Notes due 2023

BOSTON, Nov. 23, 2021 (GLOBE NEWSWIRE) — In a release issued under the same headline earlier today by First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD), please note that in the first paragraph, the date of redemption should be December 22, 2021, not December 21, 2021. The corrected release follows: First Eagle Alternative Capital BDC, Inc. (NASDAQ: FCRD) (“First Eagle Alternative Capital BDC” or the “Company”), a direct lender to middle market companies, today announced that it will redeem all of its outstanding 6.125% Notes due 2023 (the “2023 Notes”), at a redemption price of 100% of the outstanding principal amount of the 2023 Notes, plus accrued and unpaid interest to, but excluding, the date of redemption, December 22, 2021, of approximately $0.35 on each $25 principal amount if redeemed on December 22, 2021. The 2023...

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