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Consumers Energy Foundation Awards $50,000 for Winners of the Put Your Town on the Map Competition

Retrieved on: 
Wednesday, May 1, 2024

"We look forward to seeing how the projects will benefit their region and enhance placemaking within their communities."

Key Points: 
  • "We look forward to seeing how the projects will benefit their region and enhance placemaking within their communities."
  • The winners, selected by the Consumers Energy Foundation and the Community Economic Development Association of Michigan (CEDAM), made their pitches at the Small Town and Rural Development Conference on April 29.
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2023, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $11 million to Michigan nonprofits.

Satellogic Announces $30 Million Strategic Investment from Tether Investments Limited

Retrieved on: 
Monday, April 15, 2024

The net proceeds from the Offering, after deducting transaction fees and other debt issuance costs, were approximately $27.6 million.

Key Points: 
  • The net proceeds from the Offering, after deducting transaction fees and other debt issuance costs, were approximately $27.6 million.
  • The Borrower has the ability to issue additional Secured Convertible Notes, provided the aggregate principal amount outstanding does not exceed $50 million.
  • “The proceeds from Tether’s investment in Satellogic will help advance our mission as we continue to focus on our U.S. strategy, the National Security market, and our global Space Systems opportunities,” said Emiliano Kargieman, CEO & Founder of Satellogic.
  • “This new facility will provide necessary funding as we look to continue expanding in 2024,” added Rick Dunn, CFO of Satellogic.

H World Group Limited Announces Put Right Notification for 3.00% Convertible Senior Notes due 2026

Retrieved on: 
Monday, April 1, 2024

SHANGHAI, April 01, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (Nasdaq: HTHT and HKEx: 1179, the “Company” or “H World”), a key player in the global hotel industry, today announced that it is notifying holders of its 3.00% Convertible Senior Notes due 2026 (CUSIP No.

Key Points: 
  • SHANGHAI, April 01, 2024 (GLOBE NEWSWIRE) -- H World Group Limited (Nasdaq: HTHT and HKEx: 1179, the “Company” or “H World”), a key player in the global hotel industry, today announced that it is notifying holders of its 3.00% Convertible Senior Notes due 2026 (CUSIP No.
  • The Put Right expires at 5:00 p.m., New York City time, on Monday, April 29, 2024.
  • The Put Right entitles each holder of the Notes to require the Company to repurchase all or a portion of such holder’s Notes in principal amounts equal to US$1,000 or integral multiples thereof.
  • On the Repurchase Date, the repurchase price will be paid in cash to the holders who exercise the Put Right.

Li Auto Inc. Announces Put Right Notification for 0.25% Convertible Senior Notes due 2028

Retrieved on: 
Wednesday, March 27, 2024

BEIJING, March 27, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it is notifying holders of its 0.25% Convertible Senior Notes due 2028 (CUSIP No.

Key Points: 
  • BEIJING, March 27, 2024 (GLOBE NEWSWIRE) -- Li Auto Inc. (the “Company”) (Nasdaq: LI; HKEX: 2015), a leader in China’s new energy vehicle market, today announced that it is notifying holders of its 0.25% Convertible Senior Notes due 2028 (CUSIP No.
  • The Put Right expires at 5:00 p.m., New York City time, on Monday, April 29, 2024.
  • The 2024 Repurchase Date is an interest payment date under the terms of the Indenture and the Notes.
  • Holders of Notes may request the Company’s Put Right Notice from the paying agent, Deutsche Bank Trust Company Americas.

Consumers Energy Foundation Announces 10 Finalists for $50,000 Put Your Town on the Map Competition

Retrieved on: 
Thursday, March 14, 2024

"The Consumers Energy Foundation has been proud to sponsor this competition since its inception, as every year we're able to provide funding for placemaking projects that enhance Michigan's small towns as great places to live," said Brandon Hofmeister, president of the Consumers Energy Foundation.

Key Points: 
  • "The Consumers Energy Foundation has been proud to sponsor this competition since its inception, as every year we're able to provide funding for placemaking projects that enhance Michigan's small towns as great places to live," said Brandon Hofmeister, president of the Consumers Energy Foundation.
  • The finalists are:
    The finalists, selected by the Consumers Energy Foundation and the Community Economic Development Association of Michigan (CEDAM), will make their pitches at the Small Town and Rural Development Conference, which will take place April 29.
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2023, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $11 million to Michigan nonprofits.

Consumers Energy and Consumers Energy Foundation Donate More than $11 Million in 2023

Retrieved on: 
Tuesday, January 30, 2024

JACKSON, Mich., Jan. 30, 2024 /PRNewswire/ -- The Consumers Energy Foundation, Consumers Energy, and its employees and retirees donated more than $11 million dollars in grants, sponsorships and other supportive funding to nonprofits and municipalities across the state in 2023, empowering organizations to better the lives of people in Michigan, to bolster prosperity for communities, and protect the planet. 

Key Points: 
  • Highlights of these significant contributions include:
    Over $755,000 donated by employees and retirees as part of the annual company-wide United Way campaign.
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2023, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $11 million to Michigan nonprofits.
  • Consumers Energy is the principal subsidiary of CMS Energy (NYSE: CMS), providing natural gas and/or electricity to 6.7 million of the state's 10 million residents in all 68 Lower Peninsula counties.

Consumers Energy Foundation to Award $50,000 for Three Small Towns in Put Your Town on the Map Competition

Retrieved on: 
Tuesday, January 23, 2024

"For many of Michigan's small communities, funding for one big project can make the difference for years of business attraction, economic development, and population growth," said Brandon Hofmeister, president of the Consumers Energy Foundation.

Key Points: 
  • "For many of Michigan's small communities, funding for one big project can make the difference for years of business attraction, economic development, and population growth," said Brandon Hofmeister, president of the Consumers Energy Foundation.
  • "The Consumers Energy Foundation is proud to sponsor this competition to help enable creative ideas from passionate community members to give new life to small towns across the state."
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2023, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $11 million to Michigan nonprofits.

Consumers Energy Foundation Awards $50,000 for Winners of the Put Your Town on the Map Competition

Retrieved on: 
Friday, June 9, 2023

JACKSON, Mich., June 9, 2023 /PRNewswire/ -- Three Michigan communities have won a total of $50,000 through the Consumers Energy Foundation's 2023 Put Your Town on the Map pitch competition to help complete projects that will strengthen and grow their communities. The city of Fennville received $25,000 for first place, Reed City received $15,000 as runner-up, and Harbor Beach received $10,000.

Key Points: 
  • "The Put Your Town on the Map pitch competition is all about rewarding big, bold and innovative ideas that will help Michigan's small towns grow and thrive," said Carolyn Bloodworth, secretary/treasurer of the Consumers Energy Foundation.
  • The Consumers Energy Foundation is proud to support their efforts, and we look forward to celebrating with them as the projects are completed."
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2022, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed more than $18.5 million to Michigan nonprofits.

Consumers Energy Foundation to Award $50,000 for Small Towns in Put Your Town on the Map Competition

Retrieved on: 
Tuesday, March 7, 2023

JACKSON, Mich., March 7, 2023 /PRNewswire/ -- The Consumers Energy Foundation announced today it is calling for entries in the annual Put Your Town on the Map pitch competition. The competition will provide $50,000 for big ideas in Michigan's small towns.

Key Points: 
  • The Put Your Town on the Map competition provides funding for three projects that help small communities in Michigan grow and thrive.
  • "The Put Your Town on the Map competition is all about helping make big ideas a reality for Michigan's small communities," said Brandon Hofmeister, president of the Consumers Energy Foundation.
  • The Consumers Energy Foundation is the charitable arm of Consumers Energy, Michigan's largest energy provider.
  • In 2022, the Consumers Energy Foundation, Consumers Energy, its employees and retirees contributed over $19 million to Michigan nonprofits.

VEON issues amended Scheme

Retrieved on: 
Wednesday, January 11, 2023

Amsterdam, Netherlands, 11 January 2023 23:50 CET: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refer to the announcement dated 21 December 2022 relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”), and in particular relating to the convening of a single meeting of Scheme Creditors to be held on 24 January 2023 (the “Scheme Meeting”).

Key Points: 
  • Amsterdam, Netherlands, 11 January 2023 23:50 CET: VEON Ltd. (Nasdaq: VEON, Euronext Amsterdam: VEON) (“VEON” or, together with its subsidiaries, the “Group”), a global digital operator that provides converged connectivity and online services, and its subsidiary VEON Holdings B.V. (the “Company”) refer to the announcement dated 21 December 2022 relating to the Company’s proposed scheme of arrangement (the “Scheme”) in respect of the 5.95% notes due February 2023 and 7.25% notes due April 2023 issued by the Company (together, the “2023 Notes”), and in particular relating to the convening of a single meeting of Scheme Creditors to be held on 24 January 2023 (the “Scheme Meeting”).
  • The Company has today issued an amended Explanatory Statement in connection with the Scheme, which amends the terms of the Scheme (the “Amended Explanatory Statement”).
  • Following feedback from certain of the 2023 Noteholders, the Company has today informed the Scheme Creditors, by the Amended Explanatory Statement, that it has amended the terms of the proposal set out in the Scheme.
  • Scheme Creditors or, if a corporation, their representative, or the proxy attending the Scheme Meeting on their behalf will be required to verify their entitlement to attend the Scheme Meeting as a Scheme Creditor before they will be granted access to the Scheme Meeting by a representative of the Information Agent.