Securities Financing Transactions Regulation

IntelGenx Reminds Shareholders to Vote at Upcoming Special Meeting

Retrieved on: 
Monday, November 13, 2023

SAINT LAURENT, Quebec, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX:IGX) (OTCQB:IGXT) (“IntelGenx” or the “Company”) wishes to remind its shareholders of record as of October 2, 2023 (the “Shareholders”) of the importance of a vote FOR the various proposals detailed below at the upcoming special meeting of Shareholders to be held on November 28, 2023 (the “Special Meeting”) as a virtual meeting only.

Key Points: 
  • SAINT LAURENT, Quebec, Nov. 13, 2023 (GLOBE NEWSWIRE) -- IntelGenx Technologies Corp. (TSX:IGX) (OTCQB:IGXT) (“IntelGenx” or the “Company”) wishes to remind its shareholders of record as of October 2, 2023 (the “Shareholders”) of the importance of a vote FOR the various proposals detailed below at the upcoming special meeting of Shareholders to be held on November 28, 2023 (the “Special Meeting”) as a virtual meeting only.
  • IntelGenx wishes to inform that the Company has been advised that the Autorité des marchés financiers (“AMF”) considers the Financing Transactions are subject to the minority vote prescribed by Regulation 61-101 respecting Protection of Minority Security Holders in Special Transactions.
  • As set out in the Proxy Statement, the board of directors of IntelGenx believes the Financing Transactions are in the best interest of the Company and unanimously recommends that the Shareholders vote “FOR” all matters put to a vote at the Special Meeting.
  • IntelGenx strongly encourages all Shareholders who would like to attend, participate and/or vote virtually online to carefully follow the procedures outlined in the Proxy Statement.

Cboe Clear Europe Plans to Introduce Clearing Service for Securities Financing Transactions

Retrieved on: 
Wednesday, June 14, 2023

AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

Key Points: 
  • AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.
  • Vikesh Patel, President, Cboe Clear Europe, said: "We are delighted to bring a CCP clearing service to Europe's SFT market, helping market participants improve their capital and operational efficiencies in relation to these products.
  • As a leading pan-European equities clearing house, Cboe Clear Europe currently offers clearing services to 47 trading venues.
  • Cboe Clear Europe operates as an independent subsidiary of the Cboe group, retaining a separate governance structure and management team.

Cboe Clear Europe Plans to Introduce Clearing Service for Securities Financing Transactions

Retrieved on: 
Wednesday, June 14, 2023

AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.

Key Points: 
  • AMSTERDAM and LONDON, June 14, 2023 /PRNewswire/ -- Cboe Global Markets Inc. (Cboe: CBOE), the world's leading derivatives and securities exchange network, today announced that Cboe Clear Europe, its Amsterdam-based clearing house, is planning to introduce a Central Counterparty (CCP) clearing service for securities financing transactions (SFT) in Q3 2024, subject to regulatory approvals.
  • Vikesh Patel, President, Cboe Clear Europe, said: "We are delighted to bring a CCP clearing service to Europe's SFT market, helping market participants improve their capital and operational efficiencies in relation to these products.
  • As a leading pan-European equities clearing house, Cboe Clear Europe currently offers clearing services to 47 trading venues.
  • Cboe Clear Europe operates as an independent subsidiary of the Cboe group, retaining a separate governance structure and management team.

Sabre Corporation Announces Commitment of a $665 Million Private Financing and Cash Tender Offers by Sabre GLBL Inc. for Existing Secured Debt

Retrieved on: 
Thursday, May 25, 2023

Tendered Securities may be withdrawn from the Tender Offers at or prior to, but not after, 5:00 p.m., New York City time, on June 9, 2023.

Key Points: 
  • Tendered Securities may be withdrawn from the Tender Offers at or prior to, but not after, 5:00 p.m., New York City time, on June 9, 2023.
  • Sabre GLBL refers investors to the Offer to Purchase for the complete terms and conditions of the Tender Offers.
  • Sabre GLBL is not obligated to redeem any Securities that are not tendered and accepted in the Tender Offers.
  • The full details of the Tender Offers, including complete instructions on how to tender Securities, are included in the Offer to Purchase.

Sylvamo Announces Cash Tender Offer Early Results

Retrieved on: 
Wednesday, March 8, 2023

Holders of Notes who validly tender their Notes following the Early Tender Expiration and at or prior to the Expiration Time will be entitled to receive the Tender Offer Consideration set forth in the table above.

Key Points: 
  • Holders of Notes who validly tender their Notes following the Early Tender Expiration and at or prior to the Expiration Time will be entitled to receive the Tender Offer Consideration set forth in the table above.
  • The terms and conditions of the Tender Offer and the Consent Solicitation are described in an Offer to Purchase and Consent Solicitation Statement, dated February 22, 2023 (the “Offer to Purchase and Consent Solicitation Statement”).
  • The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.
  • The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement.

Teva Announces $2,250,000,000 Debt Tender Offers for Notes Due 2023-2026

Retrieved on: 
Monday, February 27, 2023

The Pool 2 Maximum Amount of $400,000,000 represents the maximum aggregate purchase price in respect of Pool 2 Notes that will be purchased in the Pool 2 Tender Offers.

Key Points: 
  • The Pool 2 Maximum Amount of $400,000,000 represents the maximum aggregate purchase price in respect of Pool 2 Notes that will be purchased in the Pool 2 Tender Offers.
  • Holders of Notes who validly tender their Notes following the Early Tender Time, but at or prior to the Expiration Time, will receive the “Tender Offer Consideration,” namely the applicable Total Consideration minus the applicable Early Tender Premium.
  • However, even if the Offers are not fully subscribed as of the Early Tender Time, subject to the Total Maximum Amount and the Tender Caps, Notes validly tendered and not validly withdrawn at or before the Early Tender Time will be accepted for purchase in priority to other Notes tendered after the Early Tender Time even if such Notes tendered after the Early Tender Time have a higher Acceptance Priority Level than Notes tendered prior to the Early Tender Time.
  • Furthermore, if the Offers are fully subscribed as of the Early Tender Time, Holders who validly tender Notes following the Early Tender Time will not have any of their Notes accepted for purchase.

Sylvamo Announces Cash Tender Offer and Consent Solicitation for Any and All of Its Outstanding 7.000% Senior Notes Due 2029

Retrieved on: 
Wednesday, February 22, 2023

Holders may not tender their Notes pursuant to the Tender Offer without delivering their Consents in the Consent Solicitation, and Holders may not deliver Consents without also tendering their Notes.

Key Points: 
  • Holders may not tender their Notes pursuant to the Tender Offer without delivering their Consents in the Consent Solicitation, and Holders may not deliver Consents without also tendering their Notes.
  • The Company reserves the right to terminate or extend the Tender Offer or the Consent Solicitation if any condition to the Tender Offer or the Consent Solicitation is not satisfied (or otherwise in its sole discretion), and to amend the Tender Offer or the Consent Solicitation in any respect.
  • BofA Securities, Inc. is the dealer manager and solicitation agent (the “Dealer Manager”) in the Tender Offer and the Consent Solicitation.
  • The Tender Offer and the Consent Solicitation are made only by the Offer to Purchase and Consent Solicitation Statement.

MonetaGo Delivers Major Milestones in Strategy for Trade Finance De-duplication in India, Sets the Stage for Global Adoption in 2022

Retrieved on: 
Thursday, April 28, 2022

MonetaGo has now processed over 2.5 million transactions, with a total value of INR 692.7793 billion.

Key Points: 
  • MonetaGo has now processed over 2.5 million transactions, with a total value of INR 692.7793 billion.
  • The innovations MonetaGo has brought to the Indian market over the last 48 months are central to its strategic agenda to de-duplicate global trade finance.
  • It has been a great association with MonetaGo for the past four years, with MonetaGo going from strength to strength.
  • MonetaGo provides the first-ever global solution to duplicate financing fraud in trade finance, and is the worlds foremost provider of such technology to prevent both domestic and cross-border duplicate financing.

French biotech CellProthera welcomes three exceptional talents to its executive management team

Retrieved on: 
Wednesday, November 17, 2021

Henk Streefkerk, MD PhD, takes the role of Chief Medical Officer (CMO).

Key Points: 
  • Henk Streefkerk, MD PhD, takes the role of Chief Medical Officer (CMO).
  • After graduating from the University Medical Center Utrecht, Henk worked as Clinical Pharmacologist for Organon/Schering-Plough in the Netherlands.
  • After Novartis, he worked as Medical Director and Chief Medical Officer of a biotech specialized in oncology in Basel.
  • The arrival of these three talents - all experts in their field - in the executive management team is a great boost to our ambitious, multi-indications development program and position us ideally to accelerate our pathway to market.

Teva Announces $3,500,000,000 Debt Tender Offers for Notes Due 2022-2024

Retrieved on: 
Wednesday, October 27, 2021

The Pool 2 Maximum Amount of $900,000,000 represents the maximum aggregate principal amount in respect of Pool 2 Notes that will be purchased in the Pool 2 Tender Offers.

Key Points: 
  • The Pool 2 Maximum Amount of $900,000,000 represents the maximum aggregate principal amount in respect of Pool 2 Notes that will be purchased in the Pool 2 Tender Offers.
  • Holders of Notes who validly tender their Notes following the Early Tender Time, but at or prior to the Expiration Time, will receive the Tender Offer Consideration, namely the applicable Total Consideration minus the applicable Early Tender Premium.
  • However, even if the Offers are not fully subscribed as of the Early Tender Time, subject to the Total Maximum Amount and the Tender Caps, Notes validly tendered and not validly withdrawn at or before the Early Tender Time will be accepted for purchase in priority to other Notes tendered after the Early Tender Time even if such Notes tendered after the Early Tender Time have a higher Acceptance Priority Level than Notes tendered prior to the Early Tender Time.
  • Furthermore, if the Offers are fully subscribed as of the Early Tender Time, Holders who validly tender Notes following the Early Tender Time will not have any of their Notes accepted for purchase.