Apollo Commits to £4.5 Billion Financing for Électricité de France, Marking the Largest Sterling-Denominated Private Credit Transaction
Globenewswire· 2025-06-20 16:00
Core Viewpoint - Apollo has signed an agreement to invest up to £4.5 billion in fixed-rate callable notes issued by Électricité de France (EDF) to primarily finance EDF projects in the UK, particularly the Hinkley Point C nuclear power station, marking one of the largest sterling-denominated note issuances on record [1][2]. Group 1: Investment Details - The investment will be used mainly for EDF projects in the UK, with a focus on the Hinkley Point C nuclear power station [1]. - This transaction is noted as the largest-ever capital funding transaction executed by EDF and the largest private credit transaction in the sterling market [2]. - Apollo has a history of investing in French companies, having provided €2.5 billion of High-Grade Capital Solutions to Air France-KLM in recent years [2]. Group 2: Apollo's Investment Strategy - Since 2020, Apollo has originated over $100 billion of bespoke capital solutions for leading companies, including Intel, Air France-KLM, BP, Sony, and AB InBev [3]. - Apollo aims to provide clients with excess returns across the risk-reward spectrum, from investment-grade credit to private equity [5]. Group 3: Legal and Financial Advisory - Latham & Watkins, LLP and Kirkland & Ellis LLP acted as legal counsel to Apollo, while Apollo Capital Solutions Europe B.V. provided structuring and arrangement services for the transaction [4]. - BNP Paribas and Hogan Lovells, LLP served as financial and legal advisors to EDF, respectively [4].
Edf: EDF announces the signature of an agreement with Apollo for the issue of up to £4.5 billion of unlisted bonds
Globenewswire· 2025-06-20 16:00
EDF announces the signature of an agreement with Apollo for the issue of up to £4.5 billion of unlisted bonds EDF (BBB positive S&P / Baa1 stable Moody's / BBB+ negative Fitch) announces that it has signed an agreement with Apollo to issue up to £4.5 billion aggregated nominal amount of bonds by way of unlisted private placement under its EMTN programme. The bond would be issued in three tranches, each with a maximum maturity of twelve years. The first tranche, for a total nominal amount of £1.5 billion, wi ...
Casino Group: Information regarding buy-out of minority shareholders of Cnova N.V. – Implementation of squeeze-out
Globenewswire· 2025-06-20 16:00
Information regarding buy-out of minority shareholders of Cnova N.V. – Implementation of squeeze-out Paris, France / Amsterdam, the Netherlands, 20 June 2025 Reference is made to Casino’s press release regarding the Mandatory Buy-Out of the Cnova shares, (i) dated 17 October 2024, (ii) dated 12 February 2025, (iii) dated 31 March 2025 and (iv) dated 16 June 2025. Casino, Guichard-Perrachon S.A. (Euronext Paris: CO; ISIN: FR001400OKR3) (“Casino”) hereby announces the following: Casino has completed the con ...
BIC: Remuneration of Corporate Officer
Globenewswire· 2025-06-20 15:45
Group 1 - The Board of Directors of Société BIC appointed Mr. Rob Versloot as the new Chief Executive Officer effective September 15, 2025 [2] - The remuneration policy for Mr. Versloot for the 2025 fiscal year includes an annual fixed remuneration of €1,060,000, with a variable remuneration target of 100% of the fixed compensation and a maximum of 150% based on performance [4] - Long-term incentives for Mr. Versloot include performance shares valued at €1,590,000 [4] Group 2 - The Board will determine the remuneration policy for the new CEO for the 2026 fiscal year at its year-end meeting, which will be presented to the Annual Shareholders Meeting in 2026 [3] - Mr. Versloot's non-compete agreement includes a 12-month period with an indemnity equal to one year of annual compensation, and termination indemnity is set at one year of fixed and variable compensation if revoked by the Board under certain conditions [4] - BIC is recognized for its commitment to sustainability and education, with a presence in over 160 countries and a diverse portfolio of products [6]
Roche’s Lunsumio and Polivy combination significantly prolongs remission for people with relapsed or refractory large B-cell lymphoma
Globenewswire· 2025-06-20 15:45
Pivotal phase III SUNMO study demonstrated an 11.5 month median progression-free survival - three times longer than R-GemOx1This well-tolerated investigational combination therapy avoids traditional chemotherapy and may be suitable for outpatient community careThese data demonstrate Roche's commitment to providing options for diverse patient and healthcare system needs in this difficult-to-treat lymphoma Basel, 20 June 2025 - Roche (SIX: RO, ROG; OTCQX: RHHBY) presented today results from the phase III SUNM ...
Compagnie de l'Odet : Availability of the description of share buyback program
Globenewswire· 2025-06-20 15:45
Group 1 - The shareholders of Compagnie de l'Odet authorized a share buyback program during the Combined General Meeting held on June 17, 2025 [2] - The Board of Directors has been granted the authority to implement the share buyback program and can delegate powers in accordance with the law [2] - Details of the share buyback program will be included in the 2024 annual financial report as per the regulations of the Autorité des Marchés Financiers (AMF) [2]
BROAD ARROW ADDS THE FOURTH SHELBY COBRA EVER BUILT, CSX 2003, TO MONTEREY JET CENTER AUCTION
Globenewswire· 2025-06-20 15:18
REMARKABLY PRESERVED 1962 SHELBY 260 COBRA, ONE OF THE ORIGINAL PROTOTYPE EXAMPLES, OFFERED FROM 36 YEARS OF CHERISHED LONGTERM OWNERSHIP | COBRA JOINED BY MODERN AMERICAN AUTOMOTIVE LEGENDS: HENNESSEY VENOM GT AND THE AMERICAN PERFORMANCE COLLECTION OF DODGE AND CHEVROLET ICONS The 1962 Shelby 260 Cobra, CSX 2003, to be offered at Broad Arrow’s 2025 Monterey Jet Center Auction (Credit – Andrew Benjack / Courtesy of Broad Arrow Auctions) A pair of limited-edition Dodge Vipers offered from The American ...
Notice on the Extraordinary General Meeting of Shareholders of the AUGA group, AB entity under restructuring on 14 July 2025 to approve the Company’s draft restructuring plan
Globenewswire· 2025-06-20 15:15
AUGA group, AB entity under restructuring (code 126264360, registered office at Konstitucijos pr. 21C, Vilnius, hereinafter referred to as the “Company”), by the initiative and decision of the Board, is convening an Extraordinary General meeting of shareholders on July 14, 2025, at 10:00 a.m., where the Company’s shareholders will vote on the approval of the Company’s draft restructuring plan, hereinafter referred to as the “Meeting”. The Meeting will be held at the conference room at the business center Q ...
Rakovina Therapeutics Announces Share Consolidation Effective Date
Globenewswire· 2025-06-20 15:00
VANCOUVER, British Columbia, June 20, 2025 (GLOBE NEWSWIRE) -- Rakovina Therapeutics Inc. (TSX-V: RKV) (FSE:7JO) (“Rakovina” or the “Company”) is pleased to announce that the effective date for the previously announced share consolidation (the “Consolidation”) will be June 24, 2025. As outlined in the Company’s news release dated May 15, 2025, the Consolidation will be conducted on the basis of one (1) post-consolidation common share (“Post-Consolidation Share”) for every ten (10) pre-consolidation common s ...
Glo Fiber to Expand in Blacksburg, Virginia with Acquisition of WideOpen Blacksburg Network
Globenewswire· 2025-06-20 15:00
EDINBURG, Va., June 20, 2025 (GLOBE NEWSWIRE) -- Shenandoah Telecommunications Company (“Shentel”, Nasdaq: SHEN) announced plans to expand Glo Fiber service in Blacksburg, Virginia with a definitive agreement to acquire the assets and operations of Blacksburg Broadband LLC, which operates under the name WideOpen Blacksburg. The acquisition is anticipated to be complete by early to mid-July. WideOpen Blacksburg’s President, Dr. Andrew Cohill, stated, “I am confident that Glo Fiber is going to provide outstan ...