Latest Bonds Stories
SAN RAMON, Calif., July 31, 2012 /PRNewswire/ -- Systems America, Inc. (OTC: SYAI) (the "Company"), a premier provider of cloud computing and information technology solutions, announced today that the Company is in discussions with number of banks and mezzanine debt funds to provide capital to fund the Company's acquisitions. As announced a few weeks back, the Company is planning to acquire several companies with least dilution possible to its existing shareholders. In August 2011,...
DEARBORN, Mich., July 31, 2012 /PRNewswire/ -- Ford's quarterly dividends totaling $0.15 per share (5 cents per share in each of the first three quarters of 2012) on common stock trigger conversion and exercise price adjustments Conversion and exercise price adjustments are being made pursuant to the terms of convertible debt securities and warrants Adjustments offset dilutive impact of common stock dividends on holders of convertible debt securities and warrants Ford Motor...
CHARLOTTE, N.C., July 30, 2012 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH) today announced the expiration and final results of its previously announced exchange offer (the "Offer") to purchase for cash and shares of its Class A common stock all of its outstanding 5.0% Convertible Senior Notes due 2029 (CUSIP No. 83545GAQ5) (the "Notes"). The Offer expired at 12:00 midnight, New York City time, at the end of July 27, 2012. As of the expiration of the Offer, $134,900,000 in...
CHARLOTTE, N.C., July 27, 2012 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH) today announced that it has determined the final Offer Consideration in its exchange offer (the "Offer") to purchase for cash and shares of its Class A common Stock all of its outstanding 5.0% Convertible Senior Notes due 2029 (CUSIP No. 83545GAQ5) (the "Notes") in accordance with the pricing formula described in its Prospectus, dated July 24, 2012 (the "Prospectus"). The Offer is being made upon the...
CHICAGO, July 25, 2012 /PRNewswire/ -- Aon Benfield Securities, the investment banking division of global reinsurance intermediary and capital advisor Aon Benfield, today launches its latest report on the insurance-linked securities (ILS) market, which reviews the key trends witnessed during the second quarter of 2012. The Insurance-Linked Securities Second Quarter Update 2012 reveals that catastrophe bond issuance for the period reached USD2.1bn as investors continued to deploy...
NEW YORK, July 24, 2012 /PRNewswire/ -- Lou Milo, of Milrose Consultants in New York, received the Builder of Israel Award from Israel Bonds. This award signifies Milo's dedication to supporting the development of the economic infrastructure of Israel through Israel bond investments. The program recognizes Milo as a leader in his field, who has demonstrated both moral and substantive support for Israel. Israel Bonds chose to recognize Milo with the Builder of Israel Award...
ATLANTA, July 23, 2012 /PRNewswire/ -- Birch Communications, a leading IP-based telecommunications and managed services provider to small- and medium-sized businesses, is pleased to announce that it has completed a refinancing of its Senior and Subordinated Credit Facilities. The new $90 million facility consists of a $40 million senior term loan, a senior revolving credit facility with a $35 million capacity, and a $15 million tranche of subordinated debt. Additionally, the...
VANCOUVER, British Columbia and DUBLIN, July 18, 2012 /PRNewswire/ -- FINCAD, the market leader for innovative derivatives solutions, announced today the launch of F3 3.0. The new release includes important enhancements such as market correlation calibration for hybrid modeling and dual-curve stripping capabilities consistent with the cross-currency market including cheapest-to-deliver curve construction. The new F3 hybrid modelling technology provides a unique ability to use market...
BURBANK, Calif., July 17, 2012 /PRNewswire/ -- LBI Media, Inc. ("Media") announced today that it is commencing private exchange offers (the "Exchange Offers") to exchange: (a) Media's 11% Senior Secured Notes due 2019 (the "Senior Priority Secured Notes") and Media's 11% Junior Priority Senior Secured Notes due 2019 (the "Junior Priority Senior Secured Notes") for any and all of Media's 8½% Senior Subordinated Notes due 2017 (the "Old Senior Subordinated Notes") and (b) (i) if...
ROCHESTER, N.Y., July 17, 2012 /PRNewswire/ -- Document Security Systems, Inc. (NYSE Amex: DSS; "DSS"), a leading developer and integrator of cloud computing data security, Radio Frequency Identification ("RFID") systems and security printing technologies which prevent counterfeiting, product diversion and brand fraud, commented today on the recent landmark case of coupon fraud discovered in Arizona. (See...
