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Genmab Provides Certain Information Disclosed in Connection with Proposed Private Offering of Senior Secured Notes and Senior Unsecured Notes
Globenewswire· 2025-11-10 15:51
Media Release COPENHAGEN, Denmark; November 10, 2025 Genmab A/S (“Genmab”) announced on November 10, 2025, that it and its wholly owned subsidiary Genmab Finance LLC intend to offer, subject to market and other conditions, $1.5 billion of senior secured notes due 2032 (the “Secured Notes”) and $1.0 billion of senior unsecured notes due 2033 (the “Unsecured Notes,” and together with the Secured Notes, the “Notes”). Genmab also launched the syndication of a new $2.0 billion senior secured term loan “B” facili ...
Borregaard ASA: Borregaard to participate in a convertible loan to Alginor
Globenewswire· 2025-10-06 15:17
Borregaard, together with the shareholders Must Invest and Hatteland Group, will act as guarantors for a NOK 200 million convertible loan to Alginor. The loan may be converted to new shares by the lenders. The subscription price upon exercise of the conversion right shall be NOK 10 per share, subject to adjustment for corporate actions such as share splits, reversed splits, dividends etc. All shareholders in Alginor will be invited to participate in the convertible loan. Depending on the shareholder partici ...
REPEAT – Euro Sun Mining Enters into Facility and Offtake Agreements; Changes Address
Globenewswire· 2025-07-11 11:30
Core Viewpoint - Euro Sun Mining Inc. has entered into a pre-development facility agreement with Trafigura Pte Ltd, securing a facility of up to US$2.5 million to support its corporate purposes while negotiating a larger US$200 million copper concentrates prepayment facility [1][2] Financing Details - The facility agreement allows Euro Sun to draw down the full US$2.5 million, with repayment due by June 30, 2027, and interest payable quarterly at a market rate [3] - The company has already submitted requests to utilize the full amount of the facility [3] Offtake Agreement - An offtake agreement has been established with Trafigura, allowing for offtake volumes of up to 100% of commercial production for nine years or until specified tonnages are delivered [4] - Certain rights under the offtake agreement will persist even after the repayment of the facility [4] Company Background - Euro Sun Mining Inc. is focused on the exploration and development of the Rovina Valley Project in Romania, which is noted as the second largest copper and gold deposit in Europe [7] - The project has been granted European strategic status, which is expected to attract investment and create jobs in the region, contributing to Europe's green energy transition [7] Corporate Changes - The company has relocated its registered and head office to a new address in Vaughan, Ontario, aligning with its current leadership and operational focus [6]
Colabor Group Inc. Completes the Acquisition of Certain Assets of Alimplus and the Financing of This Acquisition
Globenewswire· 2025-06-03 18:40
Core Points - Colabor Group Inc. has completed the acquisition of food distribution assets from Alimplus Inc. and all shares of Tout-Prêt Inc. for a revised total consideration of $49.75 million [1] - The acquisition includes assets related to food distribution and the shares of Tout-Prêt, which specializes in cut fruits and vegetables distribution in Quebec, with expected annual sales of approximately $225 million [2] - Colabor has entered into a distribution agreement with Groupe Mayrand Alimentation inc. for an initial six-year term, although their four stores are not part of the acquisition [2] Financing Details - The company has amended and restated its senior first-ranking secured credit facility, extending the maturity date to June 2029, with a total amount of $91.75 million [5] - The credit facility consists of a $50 million revolving credit and a $41.75 million term loan [5] - Colabor has also secured an agreement with Investissement Québec to extend its existing $15 million subordinated debt maturing in December 2029 and entered into a new financing agreement for an additional $15 million in highly subordinated debt with a 5-year term [5]