Avenue

Dazzling Avenue of Stars Runway for Louis Vuitton and Pharrell Williams' First Fashion Show Highlights Hong Kong as World-Class Stage for Mega Events

Retrieved on: 
Tuesday, December 5, 2023
Victoria Dockside, TNT, The Sports, Janice Man, Pusha T, Avenue, Sport, Leisure, Social media, Tourism Bureau, Clothing

Hong Kong, Hong Kong--(Newsfile Corp. - December 5, 2023) - Hong Kong's Avenue of Stars lit up in the glitziest fashion on Friday night (30 November) as French fashion house Louis Vuitton took over the promenade for its first-ever fashion show in the city.

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - December 5, 2023) - Hong Kong's Avenue of Stars lit up in the glitziest fashion on Friday night (30 November) as French fashion house Louis Vuitton took over the promenade for its first-ever fashion show in the city.
  • Overlooking Hong Kong's stunning skyline, Victoria Harbour and the revitalised Victoria Dockside, Louis Vuitton's Men's Pre-Fall 2024 show was a nod to the city's cultural vibrancy and nautical past, and showcased Hong Kong's allure as a world stage for mega, cultural events.
  • The Sports and Tourism Bureau and the Leisure and Cultural Services Department also played instrumental roles in staging the remarkable event.
  • The Hong Kong SAR Government attaches great importance to enticing international and mega arts and cultural events, cultivating Hong Kong as an arts and cultural metropolis and tourist attraction.

Piedmont Office Realty Trust Announces Pricing of an Add-on Offering of Senior Notes

Retrieved on: 
Tuesday, December 5, 2023
Telephone, Suite, U.S. Bancorp, Partnership, Sale, PDM, Attention, Public expenditure, BofA Securities, CUSIP, Avenue, Wells Fargo, 3rd Floor, Prospectus, Security (finance)

Atlanta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an add-on offering of $200 million aggregate principal amount of its 9.250% senior notes due 2028 (the “additional 2028 notes”) at 101.828% of the principal amount.

Key Points: 
  • Atlanta, Dec. 05, 2023 (GLOBE NEWSWIRE) -- Piedmont Office Realty Trust, Inc. (the “Company” or “Piedmont”) (NYSE:PDM) announced today that its operating partnership, Piedmont Operating Partnership, LP (the “Operating Partnership”), has priced an add-on offering of $200 million aggregate principal amount of its 9.250% senior notes due 2028 (the “additional 2028 notes”) at 101.828% of the principal amount.
  • The offering is expected to close on December 11, 2023, subject to the satisfaction of customary closing conditions.
  • The additional 2028 notes will be issued as additional notes under the existing indenture pursuant to which the Operating Partnership previously issued $400 million aggregate principal amount of its 9.250% senior notes due 2028 (the “existing notes”), all of which remain outstanding.
  • The additional 2028 notes will be fully and unconditionally guaranteed on a senior unsecured basis by the Company.

IX Acquisition Corp. Announces Increase in Contribution Amount in Connection with its Proposed Extension

Retrieved on: 
Tuesday, December 5, 2023
Excise, Risk, Inflation, Proxy, Accounting, Contribution, Avenue, Supplement, Investment, Morgan Stanley, Security (finance)

The Contributions will be placed in the Company's trust account with Morgan Stanley.

Key Points: 
  • The Contributions will be placed in the Company's trust account with Morgan Stanley.
  • The Company encourages its shareholders to vote in favor of the Second Extension and each other proposal described in the Proxy Statement.
  • Every shareholder's vote is very important, regardless of the number of shares held, and the Company requests the prompt submission of votes.
  • Shareholders may vote online at https://www.cstproxy.com/ixacq/2023 by following the instructions on their provided proxy card.

IX Acquisition Corp. Files Definitive Proxy Statement for Shareholder Meeting Seeking Second Extension

Retrieved on: 
Thursday, November 30, 2023
Excise, Risk, Inflation, Proxy, Accounting, Contribution, Avenue, Investment, Morgan Stanley, Security (finance)

For each month of the Second Extension, IX Acquisition Sponsor LLC, the Company's sponsor will deposit additional funds into the trust account in an amount equal to the lesser of (x) $50,000 or (y) $0.015 for each of the Company’s public shares that remains outstanding and is not redeemed in connection with the Second Extension (the “Contributions”).

Key Points: 
  • For each month of the Second Extension, IX Acquisition Sponsor LLC, the Company's sponsor will deposit additional funds into the trust account in an amount equal to the lesser of (x) $50,000 or (y) $0.015 for each of the Company’s public shares that remains outstanding and is not redeemed in connection with the Second Extension (the “Contributions”).
  • The Contributions will be placed in the Company's trust account with Morgan Stanley.
  • The Company encourages its shareholders to vote in favor of the Second Extension and each other proposal described in the Proxy Statement.
  • Shareholders may vote online at https://www.cstproxy.com/ixacq/2023 by following the instructions on their provided proxy card.

Highwoods Prices $350 Million of 7.65% Notes Due 2034

Retrieved on: 
Tuesday, November 14, 2023
Sale, Suite, Wells Fargo, NYSE, Telephone, TD Securities, Attention, Vanderbilt Avenue, EDGAR, J.P. Morgan & Co., Broadridge Financial Solutions, Avenue, Capital market, Prospectus, BofA Securities, HIW, Partnership, Kitchen Party (girl group), Regional Security Officer, Fifth Avenue, Security (finance)

RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.

Key Points: 
  • RALEIGH, N.C., Nov. 14, 2023 (GLOBE NEWSWIRE) -- Highwoods Properties, Inc. (NYSE: HIW) (the “Company”) announced today that Highwoods Realty Limited Partnership, the operating partnership through which the Company conducts its operations, has priced a $350 million offering of 7.65% unsecured notes under its existing shelf registration statement.
  • The notes are due February 1, 2034 and were priced to yield 7.836%.
  • The offering is expected to close on November 21, 2023, subject to customary closing conditions.
  • This offering is being made pursuant to an effective shelf registration statement, and only by means of a prospectus supplement and accompanying prospectus.

Fortress Biotech Reports Third Quarter 2023 Financial Results and Recent Corporate Highlights

Retrieved on: 
Tuesday, November 14, 2023
NDA, Fortress Biotech, Food, SBMA, BLA, Exercise, Patient, Agreement, FDA, Marketing, New Drug Application, Fortification, Rosacea, Hyperhidrosis, PDUFA, Dermatology, Video game, Pharmaceutical industry, NFE2L2, Avenue, Hong Kong, Checkpoint

MIAMI, Nov. 14, 2023 (GLOBE NEWSWIRE) -- Fortress Biotech, Inc. (Nasdaq: FBIO) (“Fortress”), an innovative biopharmaceutical company focused on efficiently acquiring, developing and commercializing or monetizing promising therapeutic products and product candidates, today announced financial results and recent corporate highlights for the third quarter ended September 30, 2023.

Key Points: 
  • Lindsay A. Rosenwald, M.D., Fortress’ Chairman, President and Chief Executive Officer, said, “In the third quarter of 2023, Fortress and our partner companies and subsidiaries continued to advance our diverse portfolio of drug candidates.
  • Journey Medical’s total product net revenues were $15.3 million for the third quarter of 2023, compared to third quarter 2022 total product net revenues of $16.0 million.
  • Fortress’ consolidated net revenue totaled $34.8 million for the third quarter of 2023, which included $15.3 million in net product revenue generated from our marketed dermatology products.
  • Consolidated selling, general and administrative expenses were $21.7 million for the third quarter of 2023, compared to $30.1 million for the third quarter of 2022.

Avenue Therapeutics Reports Third Quarter 2023 Financial Results and Recent Corporate Highlights

Retrieved on: 
Monday, November 13, 2023
CNS, Annual general meeting, Safety, American Epilepsy Society, Food, SBMA, D, Therapy, NRF1, Data, Patient, Research, DSM-IV codes, U.S. FDA, Neurology, FDA, Hydromorphone, Pain, Seizure, Tramadol, Generalized tonic–clonic seizure, Morphine, PO, AES, Pharmaceutical industry, Video game, Avenue, MIAMI

MIAMI, Nov. 13, 2023 (GLOBE NEWSWIRE) -- Avenue Therapeutics, Inc. (Nasdaq: ATXI) (“Avenue” or the “Company”), a specialty pharmaceutical company focused on the development and commercialization of therapies for the treatment of neurologic diseases, today reported financial results and recent corporate highlights for the third quarter ended September 30, 2023.

Key Points: 
  • “In the third quarter, Avenue continued to successfully execute across our pipeline of innovative CNS treatments," said Alexandra MacLean, M.D., Chief Executive Officer of Avenue.
  • Topline data for the Phase 1b/2a clinical trial of AJ201 in SBMA are expected in the second quarter of 2024.
  • R&D Expenses: Research and development expenses for the third quarter of 2023 were $0.9 million, compared to $0.2 million for the third quarter of 2022.
  • G&A Expenses: General and administrative expenses for the third quarter of 2023 were $1.2 million, compared to $0.5 million for the third quarter of 2022.

Hong Kong Tourism Board Welcomes Louis Vuitton's First-Ever Men’s Pre-Fall 2024 Fashion Show

Retrieved on: 
Tuesday, November 28, 2023
Destinations, Travel, Vacation, Celebrity, Fashion, Retail, Tourist Attractions, Entertainment, Hong Kong Tourism Board, CSTB, Sport, Avenue of the Stars, HKTB, Multimedia, K11, Destination marketing organization, Avenue, Culture, LCSD, Victoria Dockside, Film industry, Hong Kong, Star, Victoria Harbour

Hong Kong Tourism Board welcomes Louis Vuitton’s first ever Men’s Pre-fall 2024 show taking place on the famed Avenue of Stars in Hong Kong on November 30, 2023.

Key Points: 
  • Hong Kong Tourism Board welcomes Louis Vuitton’s first ever Men’s Pre-fall 2024 show taking place on the famed Avenue of Stars in Hong Kong on November 30, 2023.
  • The show is made possible with the support of the Culture, Sports and Tourism Bureau (CSTB), Leisure and Cultural Services Department (LCSD), and Hong Kong Tourism Board (HKTB).
  • The Avenue of the Stars is a cultural landmark for pop culture fans of East Asian cinema history and will now be making fashion history with Louis Vuitton.
  • With the support of K11 MUSEA, Louis Vuitton will transform Victoria Dockside for the event.

New York’s Fifth Avenue Retains its Top Ranking as the World’s Most Expensive Retail Destination

Retrieved on: 
Monday, November 20, 2023
Other Retail, Other Construction & Property, Retail, Commercial Building & Real Estate, Construction & Property, Avenue, NYSE, Cushman & Wakefield, Risk, Bond Street, City, 33rd G8 summit, İstiklal Avenue, Growth, CWK, YOY, Tourism

New York’s Fifth Avenue retains its top ranking as the world’s most expensive retail destination, despite recording flat rental growth year-over-year (YOY).

Key Points: 
  • New York’s Fifth Avenue retains its top ranking as the world’s most expensive retail destination, despite recording flat rental growth year-over-year (YOY).
  • Milan’s Via Montenapoleone jumped a spot into second, displacing Hong Kong’s Tsim Sha Tsui, which placed third in 2023.
  • New Bond Street in London and the Avenues des Champs-Élysées in Paris retained fourth and fifth positions, respectively.
  • Rents across global prime retail destinations continued their ongoing recovery, increasing on average 4.8% in local currency terms over the past year.

Steve Kassin’s Infinity Real Estate Provides a Senior Loan for the Acquisition of 169 First Avenue in Manhattan, NY

Retrieved on: 
Wednesday, November 15, 2023
Commercial Building & Real Estate, Construction & Property, Other Retail, Urban Planning, Restaurant, Bar, Architecture, Retail, Other Construction & Property, Residential Building & Real Estate, Infinity, Momofuku, First Avenue, Avenue, Partnership, Commercial property, Bank

Infinity Real Estate originated a $2,500,000 floating-rate senior loan as part of a larger purchase and recapitalization of both 169 1st Avenue and 171 1st Avenue in Manhattan.

Key Points: 
  • Infinity Real Estate originated a $2,500,000 floating-rate senior loan as part of a larger purchase and recapitalization of both 169 1st Avenue and 171 1st Avenue in Manhattan.
  • Originally, in 2019, a partnership between BridgeInvest and Infinity originated a $12,000,000 financing package secured by the adjacent mixed-use properties.
  • Both properties were recently sold, providing the opportunity for BridgeInvest and Infinity to redeploy their capital, and for Infinity to independently issue a new senior loan for the purchaser of 169 1st Avenue.
  • Infinity Real Estate has been originating and investing in commercial real estate debt and preferred equity since 2009, with a focus on quality borrowers, quality assets, and quality locations wherein Infinity has an existing portfolio footprint.