Month: June 2024

EDF announces the success of its senior green multi tranche bond issue for a nominal amount of 3 billion euros On 11 June 2024: EDF (BBB positive S&P / Baa1 stable Moody’s / BBB+ stable Fitch) successfully priced a senior green bond issuance in 3 tranches for a nominal amount of €3 billion (the “Bonds”):€1 billion Bond, with a 7-year maturity and a 4.125% fixed coupon; €750 million Bond, with a 12-year maturity and a 4.375% fixed coupon; €1.250 billion Bond, with a 20-year maturity and a 4.750% fixed coupon.An amount equal to the net proceeds of the Bonds will be used to finance and/or refinance investments as defined in EDF’s Green Financing Framework (1) and aligned with the European taxonomy, as follows:The 7-year maturity tranche in relation to the lifetime extension of the existing French nuclear reactors, The 12-year...

June 11, 2024 SBM Offshore is pleased to announce that it has completed the acquisition of the shares in the lease and operating entities related to FPSOs N’Goma, Saxi Batuque and Mondo from its partner Sonangol EP. Simultaneously, SBM Offshore completed the sale of all its shares in the parent company of the Paenal shipyard in Angola to a subsidiary of Sonangol EP. The acquisition of the shares from Sonangol EP brings SBM Offshore’s ownership in the entities owning the FPSOs Saxi Batuque and Mondo to 100% and in the entity owning the FPSO N’Goma to 80%. The operating companies in Angola will be wholly owned by SBM Offshore after the acquisition. The total net consideration paid for the equity ownership of the acquired entities by SBM Offshore and including the sale of the parent company of the Paenal shipyard is approximately US$40 million. In...

MHSRS is America’s Foremost Annual Military Healthcare Conference PRINCETON, N.J., June 11, 2024 (GLOBE NEWSWIRE) — Origin Life Sciences, Inc., a clinical-stage biotechnology company developing a proprietary patented high-energy plasma device that generates nitric oxide (“NO”) in the form of a plasma/NO stream and delivers it to targeted locations of the body, today announced that the Company’s abstract, titled: “NO: a Novel, Pathogen-Agnostic Therapy for Treatment-Resistant Wound Infections in the Warfighter,” has been accepted for presentation at 2024 Military Health System Research Symposium (MHSRS). MHSRS, America’s foremost annual military-healthcare conference, is scheduled from 26-29 August 2024 at the Gaylord Palms Resort and Convention Center, Kissimmee, FL. The highly selective event, hosted by the U.S. Department of...

Results Indicate that Shareholders have Decisively Elected Medallion’s Director Nominees and Supported the Company’s Approach to Executive Compensation – Both by an Extremely Wide Margin Over 80% of Votes Cast in Favor of Board’s Nominees NEW YORK, June 11, 2024 (GLOBE NEWSWIRE) — Medallion Financial Corp. (NASDAQ: MFIN) (“Medallion” or the “Company”) today announced the preliminary results of the Company’s 2024 Annual Meeting of Shareholders (the “Annual Meeting”). Based on a preliminary vote count provided by the Company’s proxy solicitor, Medallion shareholders have elected the Company’s director nominees, Robert M. Meyer and David L. Rudnick to the Board of Directors by an extremely wide margin. Over 80% of votes were cast in support of Medallion’s director nominees. Medallion shareholders also voted decisively in support of...

NOT FOR DISTRIBUTION TO ANY U.S. PERSON OR ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES OF AMERICA OR IN ANY JURISDICTION WHERE IT IS UNLAWFUL TO DISTRIBUTE THIS ANNOUNCEMENT Today, Koninklijke KPN N.V. (“KPN”) has successfully issued a Green € 500m perpetual non-call 5.25 year subordinated bond to finance projects that support KPN’s sustainability ambitions and have a positive environmental impact (the “Green Hybrid Bond”). With this issuance, KPN further demonstrates its commitment to its sustainability ambitions through financing arrangements. The Green Hybrid Bond issuance has been well received by institutional investors with a final orderbook in excess of € 1.9bn and a broad diversified investor base. The Green Hybrid Bond was priced with a coupon of 4.875% per annum until the first reset date on 18 September 2029 and is first...

The QS7001 and QVault TPM are expected to launch as early as Q4 2024 Geneva, Switzerland, June 11, 2024 (GLOBE NEWSWIRE) —SEALSQ Corp (NASDAQ: LAES) (“SEALSQ” or “Company”), a company that focuses on developing and selling Semiconductors, PKI and Post-Quantum technology hardware and software products, today announced that the launch of its new range of Quantum Resistant, or Post Quantum Secure Chips, the QS7001 and QVault TPM, is planned for as early as Q4 2024. The Company’s investments and focus on the QUASARs post-quantum project have enabled the engineering team to progress rapidly on the development roadmap. Following the design phase and production and test of the first proof-of-concept, the QS7001 engineering samples are being produced and expected to be ready to order as soon as the fourth quarter...