Indentured servitude

CAE announces closing of private offering of $400 Million of senior unsecured notes

Retrieved on: 
Monday, June 12, 2023
HSBC, Note, CAE, CAE Inc., TD, Trust Indenture Act of 1939, Sale, BNP Paribas, Prospectus, Indentured servitude, Corporation, TSX, CIBC, Wainwright Securities Inc. v. Wall Street Transcript Corp., NYSE, S&P Global Ratings, Legislation, Security (finance)

MONTREAL, June 12, 2023 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. (CAE or the Corporation) announced today the closing of its previously announced private offering of $400 million aggregate principal amount of 5.541% Series 1 Senior Unsecured Notes due June 12, 2028 (the Notes) (the Offering).

Key Points: 
  • MONTREAL, June 12, 2023 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. (CAE or the Corporation) announced today the closing of its previously announced private offering of $400 million aggregate principal amount of 5.541% Series 1 Senior Unsecured Notes due June 12, 2028 (the Notes) (the Offering).
  • The Corporation intends to use the net proceeds of this Offering to repay existing indebtedness and for other general corporate purposes.
  • The Notes are guaranteed, jointly and severally, on a senior unsecured basis, by certain of the Corporation's subsidiaries.
  • The Notes are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation.

CAE announces pricing of private offering of $400 Million of senior unsecured notes

Retrieved on: 
Thursday, June 8, 2023
HSBC, Note, CAE, CAE Inc., TD, Trust Indenture Act of 1939, Sale, BNP Paribas, Prospectus, Indentured servitude, Corporation, TSX, CIBC, Wainwright Securities Inc. v. Wall Street Transcript Corp., NYSE, S&P Global Ratings, Legislation, Security (finance)

MONTREAL, June 8, 2023 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. (CAE or the Corporation) announced today that it has priced a private offering of $400 million aggregate principal amount of 5.541% Series 1 Senior Unsecured Notes due June 12, 2028 (the Notes) (the Offering).

Key Points: 
  • MONTREAL, June 8, 2023 /PRNewswire/ - (NYSE: CAE) (TSX: CAE) – CAE Inc. (CAE or the Corporation) announced today that it has priced a private offering of $400 million aggregate principal amount of 5.541% Series 1 Senior Unsecured Notes due June 12, 2028 (the Notes) (the Offering).
  • The Corporation intends to use the net proceeds of this Offering to repay existing indebtedness and for other general corporate purposes.
  • The Notes will be guaranteed, jointly and severally, on a senior unsecured basis, by certain of the Corporation's subsidiaries.
  • The Notes are being offered in Canada on a private placement basis in reliance upon exemptions from the prospectus requirements under applicable securities legislation.

Sky Harbour Group Corporation Announces its 2022 Financial Results, Modification of SH Capital’s 2021 Project Portfolio, Recapitalization of its Obligated Group, and Opening of its Campus at Miami-Opa Locka Executive Airport

Retrieved on: 
Tuesday, March 28, 2023
Transportation, Air, Transport, Travel, Transfer, Phoenix Deer Valley Airport, National Aviation Facilities Experimental Center, Miami-Opa Locka Executive Airport, Nashville International Airport, Aviation, Rulemaking, SHC, Municipal Securities Rulemaking Board, Modification, Electronic Municipal Market Access, BNY Mellon, Indentured servitude, Acquisition, Investment, Public finance, Bank, Andrew Mellon, Growth, United States Department of the Treasury, SHG, NYSE, Cryptocurrency, Security (finance), Lease

We believe these actions, originally announced in September 2022, are intended to fully prevent any potential funding gaps of the 2021 Project deriving from construction inflation.

Key Points: 
  • We believe these actions, originally announced in September 2022, are intended to fully prevent any potential funding gaps of the 2021 Project deriving from construction inflation.
  • The Sky Harbour organization has grown significantly, notably the Site Acquisition Team, responsible for driving the coming year’s ambitious growth plans.
  • The Sky Harbour Finance Team has guided the firm through challenging economic conditions, successfully avoiding the liquidity and counterparty risks of the past quarter.
  • Sky Harbour recently broke ground on new campuses at Denver Centennial Airport and Phoenix Deer Valley Airport.

Columbia Care Extends Maturity of 13% Senior Secured Notes to May 2024

Retrieved on: 
Tuesday, March 28, 2023
Alternative Medicine, Cannabis, Retail, Health, Specialty, Natural Resources, Odyssey, Note, CSE, Trust, Indentured servitude, FSE, NEO, NLRB v. Kentucky River Community Care, Inc., Security (finance)

Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it has provided notice to extend the maturity of its 13% senior secured notes (the “2023 Notes”) in the amount of $38.2 million, originally due on May 14, 2023, by twelve months.

Key Points: 
  • Columbia Care Inc. (NEO: CCHW) (CSE: CCHW) (OTCQX: CCHWF) (FSE: 3LP) (“Columbia Care” or the “Company”), one of the largest and most experienced cultivators, manufacturers and retailers of cannabis products in the U.S., today announced that it has provided notice to extend the maturity of its 13% senior secured notes (the “2023 Notes”) in the amount of $38.2 million, originally due on May 14, 2023, by twelve months.
  • Under the terms of the Indenture, the Company had the discretion to extend the 2023 Note Maturity Date to May 14, 2024.
  • “Extending the maturity of our 13% senior secured notes enhances our overall liquidity position, bolstering our balance sheet and providing us the flexibility to execute on our initiatives aimed to enhance cash flow,” said Nicholas Vita, CEO of Columbia Care.
  • “We look forward to executing on our strategies to grow the business and create shareholder value.”

Los Andes Copper Announces Election to Issue Common Shares in Satisfaction of US$5 Million Convertible Debenture Interest Payment Obligation

Retrieved on: 
Thursday, September 2, 2021
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About Queen's Road Capital Investment Ltd.

Key Points: 
  • About Queen's Road Capital Investment Ltd.
    Queen's Road Capital Investment Ltd. is a leading financier to the global resource sector.
  • The company is a resource focused investment company, making investments in privately held and publicly traded resource companies.
  • About Los Andes Copper Ltd.
    Los Andes Copper Ltd. is a development company with a 100% interest in the Vizcachitas Project in Chile.
  • The Company is focused on progressing the Vizcachitas Project, which is located along Chile's most prolific copper belt, into production.