TD Securities

Freed Closes on $300M (CAD) Note through funds and accounts managed by BlackRock

Retrieved on: 
Wednesday, December 6, 2023

Advised by TD Securities, this strategic initiative reinforces Freed's leadership position in the market.

Key Points: 
  • Advised by TD Securities, this strategic initiative reinforces Freed's leadership position in the market.
  • As part of the deal, Freed Resort Communities Inc. has successfully acquired the remaining 29% ownership interest from Skyline Investments in its resort portfolio, to have a consolidated 100% interest.
  • TD Securities acted as exclusive financial advisor to Freed on this transaction.
  • For further information on Freed Corp., head to: https://www.freeddevelopments.com/

TD Securities Announces Significant Expansion of Its Global Financial Institutions Group

Retrieved on: 
Monday, December 4, 2023

Key Hires Made Across Investment Banking, Global Markets, and Research

Key Points: 
  • Key Hires Made Across Investment Banking, Global Markets, and Research
    TORONTO and NEW YORK, Dec. 4, 2023 /PRNewswire/ - TD Bank Group (TSX: TD) (NYSE: TD) ("TD") today announced the significant expansion of its Global Financial Institutions ("FIG") Investment Banking coverage in the US as well as other product areas, including Equity Sales, Equity Capital Markets, Debt Capital Markets, and Equity Research.
  • With these additions, the TD Securities Global FIG team will offer a full suite of products and services to a growing group of Financial Institutions clients.
  • "The growth of our Global FIG team is a tremendous step for the combined TD Cowen and TD Securities platforms," said Larry Wieseneck, Co-Head of Global Investment Banking at TD Securities.
  • As part of this expansion, TD Securities has also made key hires across its Global Markets and Research teams.

Netrality Data Centers Secures $380M Sustainability-Linked Loan to Support Energy-Efficiency

Retrieved on: 
Tuesday, November 28, 2023

The SLL will fuel data center expansion projects that embody sustainable designs and implement infrastructural measures to support the reduction of power usage effectiveness ("PUE") levels across Netrality's portfolio.

Key Points: 
  • The SLL will fuel data center expansion projects that embody sustainable designs and implement infrastructural measures to support the reduction of power usage effectiveness ("PUE") levels across Netrality's portfolio.
  • The SLL is comprised of a $125 million initial term loan, a $145 million revolving credit facility, and a $110 million delayed draw term loan.
  • "TD Securities was pleased to support Netrality as a Sustainability Structuring Agent on the sustainability-linked credit facility.
  • Andrew Weisberg, Kerrick Seay, and Chiara Eramo of White & Case LLP, represented Netrality Data Centers in the transaction.

Sponsors Announced for the 2024 ICR Conference

Retrieved on: 
Wednesday, November 8, 2023

ICR , a leading strategic communications and advisory firm, today announced dates and initial sponsors for the 26th ICR Conference , one of the largest growth company investment conferences of the year.

Key Points: 
  • ICR , a leading strategic communications and advisory firm, today announced dates and initial sponsors for the 26th ICR Conference , one of the largest growth company investment conferences of the year.
  • The annual conference will take place January 8-10, 2024 at the Grand Lakes Resort in Orlando, Florida – home to the JW Marriott and Ritz-Carlton hotels.
  • “It was truly special to be back in person again at the 2023 conference after two years of virtual conferences,” said Tom Ryan, Chief Executive Officer, ICR.
  • To request an invitation to attend or present at the 2024 ICR Conference, please visit https://icrconference.com/contact/request-invitation/ .

Knife River Corporation Announces Pricing of Secondary Offering of Common Stock

Retrieved on: 
Wednesday, November 8, 2023

Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).

Key Points: 
  • Knife River Corporation (NYSE: KNF) (the “Company” or “Knife River”) announced today the pricing of the previously announced secondary public offering (the “Offering”) of 5,142,383 shares of its common stock (the “KNF Shares”) currently owned by MDU Resources Group, Inc., the Company’s former parent (“MDU Resources”).
  • Knife River is not selling any shares of common stock and will not receive any proceeds from the sale of the KNF Shares in the Offering or from the debt-for-equity exchange (described below).
  • The Selling Stockholder in the Offering has granted the underwriters an option (the “greenshoe”) to purchase up to 514,238 additional shares of Knife River common stock at the public offering price less the underwriting discount for 30 days.
  • Following the completion of the debt-for-equity exchange, and if the greenshoe is completely exercised by the underwriters, MDU Resources would no longer own any shares of common stock of Knife River.

1PointFive and TD Announce One of the Finance Industry’s Largest Purchases of Direct Air Capture Carbon Removal Credits

Retrieved on: 
Wednesday, November 1, 2023

HOUSTON and TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive’s first Direct Air Capture (DAC) plant currently under construction in Texas.

Key Points: 
  • HOUSTON and TORONTO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive’s first Direct Air Capture (DAC) plant currently under construction in Texas.
  • This represents one of the largest purchases of DAC CDR credits by a financial institution and demonstrates TD's continuing strategic focus on energy transition.
  • 1PointFive’s CDR credits are expected to provide a practical and high integrity solution for organizations to address their emissions.
  • In addition, TD intends to use a portion of the credits from this transaction to offset its own operational emissions.

Hazelcast Announces Adrian Soars as Chief Technology Officer

Retrieved on: 
Wednesday, November 1, 2023

Palo Alto, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on streaming data, announces Adrian Soars as its chief technology officer (CTO), bringing proven expertise in artificial intelligence (AI) and the architecture and implementation of high-performance data platforms.

Key Points: 
  • Palo Alto, Calif., Nov. 01, 2023 (GLOBE NEWSWIRE) -- Hazelcast, Inc. , the company that enables instant action on streaming data, announces Adrian Soars as its chief technology officer (CTO), bringing proven expertise in artificial intelligence (AI) and the architecture and implementation of high-performance data platforms.
  • Throughout his career, Soars has successfully directed and implemented technology strategies to drive revenue growth, enhance operational efficiency, and develop innovative solutions for a wide range of payment processing and trading use cases.
  • “Being on the buyer's side, I’ve always factored simplicity into my purchase decisions, which is why I used Hazelcast for several years before joining the company,” Soars said.
  • The recognition from Gartner and the introduction of a new category match the significant growth in demand Hazelcast continues to achieve.

BCI Announces Closing of C$1.25 Billion Inaugural Bond Issuance

Retrieved on: 
Friday, October 27, 2023

Victoria, British Columbia, Canada, Oct. 27, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) issued C$1.25 billion senior unsecured notes, with a coupon of 4.90% and a maturity date of June 2, 2033.

Key Points: 
  • Victoria, British Columbia, Canada, Oct. 27, 2023 (GLOBE NEWSWIRE) -- British Columbia Investment Management Corporation (BCI) issued C$1.25 billion senior unsecured notes, with a coupon of 4.90% and a maturity date of June 2, 2033.
  • The notes settled on October 26, 2023 and are rated Aaa by Moody’s Investors Service, AAA by S&P Global Ratings, and AAA by DBRS Limited.
  • The offering was oversubscribed with over C$1.9 billion in orders from more than 50 global investors.
  • BCI accesses debt markets to support our clients’ investment objectives, providing broader portfolio diversification, an improved risk-adjusted investment profile, and enhanced liquidity.

Cyxtera Enters Asset Purchase Agreement with Brookfield

Retrieved on: 
Wednesday, November 1, 2023

Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that it has entered into an asset purchase agreement (“APA”) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”), will acquire substantially all of Cyxtera’s assets for $775 million.

Key Points: 
  • Cyxtera (OTC: CYXTQ) (“the Company”), a global leader in data center colocation, interconnection services, and digital infrastructure, today announced that it has entered into an asset purchase agreement (“APA”) under which Brookfield Infrastructure Partners L.P. (NYSE: BIP, TSX: BIP.UN) and its institutional partners (collectively “Brookfield”), will acquire substantially all of Cyxtera’s assets for $775 million.
  • In connection with the APA and the court supervised process, Brookfield will purchase from several landlords the real estate at which seven of Cyxtera’s U.S. data centers are located.
  • “We are pleased to reach this agreement with Brookfield, which represents a favorable path forward for our customers, partners, and employees,” said Nelson Fonseca, Cyxtera’s Chief Executive Officer.
  • Lastly, Cyxtera has signed an agreement to sell its business in its Montreal and Vancouver data centers to Cologix.

1PointFive and TD Announce One of the Finance Industry's Largest Purchases of Direct Air Capture Carbon Removal Credits

Retrieved on: 
Wednesday, November 1, 2023

HOUSTON and TORONTO, Nov. 1, 2023 /PRNewswire/ - 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive's first Direct Air Capture (DAC) plant currently under construction in Texas.

Key Points: 
  • HOUSTON and TORONTO, Nov. 1, 2023 /PRNewswire/ - 1PointFive, a carbon capture, utilization and sequestration company, and TD Bank Group (TD), today announced a purchase of carbon dioxide removal (CDR) credits from STRATOS – 1PointFive's first Direct Air Capture (DAC) plant currently under construction in Texas.
  • This represents one of the largest purchases of DAC CDR credits by a financial institution and demonstrates TD's continuing strategic focus on energy transition.
  • 1PointFive is progressing the development of Carbon Engineering's Direct Air Capture technology, alongside other decarbonization solutions, at an industrial scale to help organizations achieve their net-zero goals.
  • "Carbon removal credits from Direct Air Capture will be measurable, transparent and durable, with the goal of providing a solution for organizations to address their emissions."