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Year: 2023

Stolt-Nielsen Limited Completed Tap Issue

LONDON, November 27, 2023 – Stolt-Nielsen Limited (Oslo Børs: SNI) has today successfully completed a NOK 325 million tap issue in its outstanding 5-year senior unsecured bond issue due September 26, 2028 with ISIN NO0013019026(the “Bonds”). Total outstanding amount under the Bonds following the tap issue is NOK 1,525 million. The Bonds carry a floating rate coupon of 3-month NIBOR + 315 bps and the tap issue was priced at 100% of par. The company has swapped the tap into USD obligations at a fixed interest rate of 7.805%. The tap issue was initiated by reversed inquiries. Net proceeds from the tap issue shall be applied towards general corporate purposes. DNB Markets acted as sole arranger for the tap issue. For additional information please contact: Jens F. Grüner-Hegge Chief Financial Officer UK +44 (0) 20 7611 8985 j.gruner-hegge@stolt.com...

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U.S. News & World Report Names 19 Genesis HealthCare-Affiliated Facilities Located Across Nine States as Best Nursing Homes for 2024

KENNETT SQUARE, Pa., Nov. 27, 2023 (GLOBE NEWSWIRE) — Genesis HealthCare announced today that 19 affiliated facilities across nine states have been recognized as Best Nursing Homes for 2024 by U.S. News & World Report. Since 2009, U.S. News’ annual Best Nursing Homes ratings have assisted consumers in need of either short-term rehabilitation or long-term care for themselves or a family member. The 19 affiliated facilities earned U.S. News Best Nursing Home status by achieving a rating of “High Performing,” the highest possible rating for Short-Term Rehabilitation, Long-Term Care, or both. U.S. News gives the designation of Best Nursing Home only to those that satisfy U.S. News’ assessment of consistent performance in quality measures. The 19 Genesis-affiliated facilities are located in Delaware, Kentucky, Maine, Maryland,...

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Reykjavík Energy | Stability in the results of Reykjavík Energy

The profit from the operation of Reykjavík Energy (Orkuveita Reykjavíkur; OR) Group through Q3 2023 amounted to ISK 3.6 billion. The group includes, in addition to the parent company, Veitur Utilities, ON Power, Reykjavík Fibre Network, and Carbfix. Working capital from operations increased slightly compared to the same period in 2022, from ISK 19.5 billion to ISK 19.6 billion. Investments increased by ISK 2.5 billion year-on-year and amounted to ISK 17.6 billion in the first nine months of the current year. Reitun’s updated ESG rating of OR Icelandic rating company Reitun has published an updated ESG rating of the Reykjavík Energy group. The assessment covers the sustainability of activities, i.e. environmental, social aspects, and governance. “Orkuveita Reykjavík performs exceptionally well in Reitun’s ESG assessment,...

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Landsbankinn hf.: S&P raises Landsbankinn’s covered bond rating to A+

S&P Global Ratings has today announced that Landsbankinn’s covered bond rating has been raised. The rating uplift is one notch resulting in a rating of A+ with stable outlook. The upgrade is made on the back of S&P’s rating uplift of the Icelandic sovereign, announced on 10 November. Further information can be found in S&P’s announcement, available on the bank’s website, Credit rating – Landsbankinn – Landsbankinn.is.

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Synthetic Lubricants Market Size Worth USD 50.13 Billion in 2032 | Emergen Research

Rising number of automotive industries is a key factor driving Synthetic Lubricants market revenue growth Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global synthetic lubricants market size was USD 36.45 Billion in 2022 and is expected to register a steady revenue CAGR of 3.2% during the forecast period, according to latest analysis by Emergen Research. Rising number of automotive industries and industrialization in emerging countries and increasing Research & Development (R&D) activities and innovations in technologies are key factors driving market revenue growth. Synthetic lubricants are used in transmissions, differentials, engines, and a range of other automobile components, which lubricate, reduce friction, and increase fuel efficiency, resulting in maximum vehicle performance and longevity. For instance, engine...

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Global Indoor Farming Market Size Worth USD 45.23 Billion in 2032 | Emergen Research

Rising demand for fresh foods with nutritive value is a key factor driving Indoor Farming market revenue growth. Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global indoor farming market size was USD 17.80 Billion in 2022 and is expected to register a steady revenue CAGR of 9.8% during the forecast period, according to latest analysis by Emergen Research. Rising demand for fresh foods with nutritive value is the primary factor driving market revenue growth. Indoor farming is the practice of producing plants and crops on a large or small scale totally indoors using hydroponics and artificial light.  Artificial light is essential to provide nutrients to the plant and promote plant development. Indoor farming has numerous advantages, such as ability to modify climatic conditions of the farm based on their needs, and pest contamination...

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Global E-commerce Market Size to Reach USD 53.27 Trillion in 2032 | Emergen Research

Rising availability of the Internet and increasing adoption of smartphones are one of the major factors driving e-commerce market revenue growth. Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global e-commerce market size was USD 14.40 Trillion in 2022 and is expected to register a revenue CAGR of 14.0% during the forecast period, according to the latest analysis by Emergen Research. Rising availability of the Internet and increasing adoption of smartphones are major factors driving the market revenue growth. E-commerce encompasses all actions involving purchase or sale of products and services over the Internet. Individuals can buy everything from apparel to sports equipment to software solutions and other services. Customers save time when shopping for what they want and can choose any product or service they desire from anywhere...

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Dental Bone Graft Market Size to Reach USD 1026.5 Million in 2032 | Emergen Research

Increasing awareness regarding dental health among individuals is one of the major factors driving Dental Bone Graft market revenue growth Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global dental bone graft market size was USD 517.0 Million in 2022 and is expected to register a steady revenue CAGR of 7.1% during the forecast period, according to latest analysis by Emergen Research. Increasing awareness regarding dental health among individuals is a key factor driving market revenue growth. When bone loss occurs in the jaw, a dental bone graft is required, which is usually performed prior to the insertion of dental implants or when bone loss is affecting surrounding teeth. Dental bone graft provides volume and density to the jaw in parts where bone loss has occurred. The repair of bone mass and structure assists patients in...

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Acrylic acid Market Size Worth 22.96 Billion in 2032 | Emergen Research

Rising superabsorbent polymers and increasing adoption of acrylic acid in the construction industry and need for adhesives and sealants are key factors driving acrylic acid Market revenue growth Vancouver, Nov. 27, 2023 (GLOBE NEWSWIRE) — The global acrylic acid market size was USD 14.70 Billion in 2022 and is expected to register a rapid revenue CAGR of 4.7% during the forecast period. Key drivers include the surging demand for superabsorbent polymers, the increasing adoption of acrylic acid in construction, and the growing need for adhesives and sealants. Acrylic acid, a highly reactive carboxylic acid with versatile applications, is pivotal in adhesives, surface coatings, cements, and more. Its purity, especially in technical and glacial grades, is vital for industries like chemical, polymer, water treatment, and textiles. The...

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Altai Announces Election of the Board of Directors and Stock Option Grants

TORONTO, Nov. 27, 2023 (GLOBE NEWSWIRE) — Altai Resources Inc. (ATI, TSX VENTURE; US SEC Rule 12g3-2(b) File # 82-2950) (the “Company”) is pleased to announce that at its annual general meeting of the shareholders held on November 24, 2023 in Toronto (the “Meeting”), Dr. Niyazi Kacira, Jeffrey S. Ackert, Maria Au and Harold Tan were elected as Directors of the Company. In the Meeting, MS Partners LLP, Chartered Professional Accountants were appointed as Auditors of the Company. On November 24, 2023, the Company granted stock options to four directors and an officer for a total of 1,000,000 shares to purchase common shares of the Company at an exercise price of $0.10 per share and expiring November 23, 2028. The grants are to replace options that expired on August 29, 2023 without being exercised and for an option of 200,000 shares...

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