Day: June 20, 2023

Stantec Announces Private Offering of $250 Million Senior Unsecured Notes

Stantec Announces Private Offering of $250 Million Senior Unsecured Notes

(All financial figures are expressed in Canadian dollars) EDMONTON, Alberta, June 20, 2023 (GLOBE NEWSWIRE) — TSX, NYSE:STN Global engineering and design firm Stantec Inc. (“Stantec”) today announced that it has priced a private placement offering (the “Offering”) of $250 million aggregate principal amount of 5.393% senior unsecured notes due June 27, 2030, (the “Notes”). The Offering is expected to close on or about June 27, 2023, subject to customary closing conditions. Stantec intends to use the net proceeds of the Offering to repay existing indebtedness and for general corporate purposes. The Notes will be issued at par for aggregate gross proceeds of $250 million and will bear interest at a fixed rate of 5.393% per annum, payable semi-annually on the 27th of June and December of each year,...

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SEACOR Marine Announces Refinancing of PSVs and Presents at 5th Annual Crédit Agricole CIB Shipping Conference

SEACOR Marine Announces Refinancing of PSVs and Presents at 5th Annual Crédit Agricole CIB Shipping Conference

HOUSTON, June 20, 2023 (GLOBE NEWSWIRE) — SEACOR Marine Holdings Inc. (NYSE: SMHI) (the “Company” or “SEACOR Marine”), a leading provider of marine and support transportation services to offshore energy facilities worldwide, today announced that it had entered into a new $28.0 million senior secured term loan facility with an affiliate of Hudson Structured Capital Management to refinance in full the shipyard financings maturing in 2023 and 2024 provided by COSCO Shipping Heavy Industry (Zhoushan) Co. in connection with the 2019 and 2020 delivery of three Rolls Royce UT771CDL designed platform supply vessels (“PSVs”) of 3,800 tons deadweight capacity with dynamic position class 2 and firefighting class 1 notations. The facility provides for a new 5-year term loan that bears interest at a fixed rate of 10.25% and is secured by first...

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TELUS and Vancouver Whitecaps FC team up with Ocean Wise; Collecting over 100 kgs of waste from local community beach, in less than 60 minutes

TELUS and Vancouver Whitecaps FC team up with Ocean Wise; Collecting over 100 kgs of waste from local community beach, in less than 60 minutes

With shared, long-standing legacies of giving back, TELUS’ partnership with Whitecaps FC continues to drive even more meaningful impact, with cleanup of a beloved Vancouver landmark, Spanish Banks Beach TELUS and Vancouver Whitecaps FC team up with Ocean Wise As part of the 18th annual TELUS Days of Giving, TELUS and Vancouver Whitecaps FC joined the Ocean Wise Shoreline Champions movement last week at Spanish Banks Beach, collecting over 100 kgs of waste, in less than 60 minutes. TELUS and Vancouver Whitecaps FC join forces for 18th annual TELUS Days of Giving Vancouver Whitecaps FC team member, Ryan Gauld, alongside TELUS, cleaning the shoreline at Spanish Banks Beach. TELUS and Whitecaps FC drive meaningful impact with shoreline cleanup Vancouver Whitecaps FC team member, Thomas Hasal, alongside TELUS team members at the Ocean...

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La-Z-Boy Reports Record Full Year Operating Income and EPS

La-Z-Boy Reports Record Full Year Operating Income and EPS

MONROE, Mich., June 20, 2023 (GLOBE NEWSWIRE) — La-Z-Boy Incorporated (NYSE: LZB), a global leader in residential furniture, today reported solid fourth quarter and full year results for the period ending April 29, 2023. Fourth Quarter 2023 Financial Highlights: Consolidated sales of $561 million -12% adjusting for the 53rd week in the fourth quarter of fiscal 2022, versus last year, which benefited from a strong backlog Retail segment sales increased 4% to $243 million +12% adjusting for the 53rd week in the fourth quarter of fiscal 2022 Written same-store sales were essentially flat GAAP operating income decreased by 31% Non-GAAP operating income decreased by 15% GAAP operating margin decreased 190 basis points to 9.6% Non-GAAP operating margin increased 40 basis points to 9.8% GAAP diluted EPS of $0.79, with Non-GAAP...

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Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026

Constellium Announces Partial Redemption of 5.875% Senior Notes due 2026

PARIS, June 20, 2023 (GLOBE NEWSWIRE) — Constellium SE (NYSE: CSTM) (“Constellium” or the “Company”) today announced that it has called for redemption $50,000,000 of the $300,000,000 outstanding aggregate principal amount of its 5.875% Senior Notes due 2026 (the “Notes”, and the redemption thereof, the “Redemption”), pursuant to that certain Indenture, dated as of November 9, 2017, among the Company, the guarantors party thereto, Deutsche Bank Trust Company Americas, as Trustee. The Company expects the redemption date for the Notes being redeemed to occur on July 20, 2023 (the “Redemption Date”). The redemption price for the Notes is 100.000% of the aggregate principal amount of the Notes redeemed, plus accrued and unpaid interest, if any, to the Redemption Date. This press release shall not constitute an offer to sell, or a solicitation...

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Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2023

Dynagas LNG Partners LP Reports Results For the Three Months Ended March 31, 2023

ATHENS, Greece, June 20, 2023 (GLOBE NEWSWIRE) — Dynagas LNG Partners LP (NYSE: “DLNG”) (the “Partnership”), an owner and operator of liquefied natural gas (“LNG”) carriers, today announced its results for the three months ended March 31, 2023. Quarter Highlights: Net Income and Earnings per common unit (basic and diluted) of $9.6 million and $0.18, respectively; Adjusted Net Income(1) of $6.5 million and Adjusted Earnings(1) per common unit (basic and diluted) of $0.10; Adjusted EBITDA(1)   $23.6 million; 100% fleet utilization(2); Declared and paid cash distribution of $0.5625 per unit on its Series A Preferred Units (NYSE: “DLNG PR A”) for the period from November 12, 2022 to February 11, 2023 and $0.546875 per unit on the Series B Preferred Units (NYSE: “DLNG PR B”) for the period from November 22, 2022 to February 21, 2023;...

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NORBIT - Mandatory notification of trade

NORBIT – Mandatory notification of trade

Trondheim, 20 June 2023: Mariteam AS, a holding company controlled by deputy director to the Board and primary insider; Tom Solberg, has today sold 19 737 shares in NORBIT at an average price of NOK 57.9088 per share. Following the transaction, Mariteam AS owns 46 052 shares in NORBIT. For further queries, please contact:Per Kristian Reppe, CFO, +47 900 33 203 About NORBIT ASANORBIT is a global provider of tailored technology to selected applications, solving challenges and promoting sustainability through innovative solutions, in line with its mission to Explore More. The company is structured in three business segments to address its key markets: Oceans, Connectivity and Product Innovation & Realization. The Oceans segment delivers tailored technology solutions to global maritime markets. The Connectivity segment provides wireless...

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Sun Country Airlines Voted Best Low-Cost Airline in North America at the 2023 World Airline Awards

Sun Country Airlines Voted Best Low-Cost Airline in North America at the 2023 World Airline Awards

Sun Country named best low-cost airline Dave Davis, president and chief financial officer, and Bill Trousdale, vice president FP&A and treasurer, accepted the World Airline Awards for Best Low Cost Airline in North America at the Paris Air Show. MINNEAPOLIS, June 20, 2023 (GLOBE NEWSWIRE) — Sun Country Airlines (NASDAQ: SNCY) was named the Best Low-Cost Airline in North America at the 2023 World Airline Awards held Tuesday at the Paris Air Show. It is the first time that Sun Country Airlines won this top accolade as the Best Low-Cost Airline in North America at the World Airline Awards. “We are honored to be recognized for the value and on-board experience we provide our customers,” said Dave Davis, President and Chief Financial Officer, Sun Country Airlines, in accepting the award. “Our focus on the leisure traveler allows...

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21/2023 Green Hydrogen Systems - Major shareholder announcement

21/2023 Green Hydrogen Systems – Major shareholder announcement

Company announcement 21/2023 Major shareholder announcement Kolding, Denmark, 20 June 2023 – Green Hydrogen Systems A/S announces receipt of the following notifications pursuant to section 55 of the Danish Companies Act and section 38 of the Danish Capital Markets Act: Purchase of subscription rights in return for a corresponding reduction in shares and voting rights, so that ATP will have an unchanged share of ownership after completion of the capital increase. ATP has reduced its holding of shares in Green Hydrogen Systems A/S. Proceeds from the sale of shares have been used for a corresponding purchase of subscription rights to subscribe for shares in the Company as part of current capital increase process. After completion of the capital increase process, ATP will have a share of ownership of at least 5.99%, corresponding to...

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Sanofi: Information concerning the total number of voting rights and shares - May 2023

Sanofi: Information concerning the total number of voting rights and shares – May 2023

Information concerning the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the Code de commerce (the French Commercial Code) and article 223-16 of the Règlement général de l’Autorité des Marchés Financiers (Regulation of the French stock market authority) Sanofia French société anonyme with a registered share capital of 2,521,494,572 €Registered office : 46, avenue de la Grande Armée – 75017 Paris – FranceRegistered at the Paris Commercial and Companies Registry under number 395 030 844 Date   Total number of issued shares   Number of real voting rights(excluding treasury shares) Theoretical number of voting rights (including treasury shares)* May 31, 2023 1,262,376,281 1,410,452,003 1,421,354,711 * Pursuant to article 223-11 of the Règlement général de l’Autorité des Marchés Financiers. This...

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