Latest news with #SecuritiesAct
Business Wire
15 minutes ago
- Business
- Business Wire
Séché Environnement: Successful Tap Issue of the Green Bond Maturing 2030 for €70 Million
CHANGÉ, France--(BUSINESS WIRE)--Regulatory News: On July 30, 2025, Séché Environnement (Paris:SCHP) issued €70 million in principal amount of additional bonds, which will be fungible with its €400 million green bond issued on March 19, 2025 (the 'Green Bond') 1. This bond issue was subscribed by leading international investors. Except for the issue price, the new bonds have the same terms as the March 2025 issue, namely a coupon of 4.50% and a maturity date of March 25, 2030. Also rated BB by Standard & Poor's and Fitch Ratings, the new bonds will be fully fungible with the bonds issued in March 2025 after 40 days of the settlement date of the transaction and will be listed on Euronext Dublin. The net proceeds from this issue will be used (i) for the Group's general corporate purposes, which may include investments in certain Eligible Projects in accordance with the Issuer's sustainability framework ("Green Bond Framework"), as well as to finance its continued growth, including certain acquisitions, and (ii) to pay the costs and expenses related to the placement of the additional bonds. Upcoming events About Séché Environnement Séché Environnement is a leading player in waste management, including the most complex and hazardous types, and environmental services, particularly in the event of environmental emergencies. Thanks to its expertise in creating circular economy loops, decarbonization, and hazard control, and its cutting-edge technologies developed by its R&D department, Séché Environnement has been contributing for nearly 40 years to the ecological transition of industries and territories, as well as to the protection of life. A French family-owned industrial group, Séché Environnement supports its customers through its subsidiaries in nine strategic countries and more than 120 locations worldwide, including around 50 industrial sites in France. With around 7,300 employees, including approximately 3,000 in France, Séché Environnement generated revenue of €1,110.4 million in 2024, of which approximately 32% was generated internationally. Séché Environnement has been listed on the Euronext Eurolist (compartment B) since November 27, 1997. The stock is included in the CAC Mid&Small, EnterNext Tech 40 and EnterNext PEA-PME 150 indices. ISIN: FR 0000039139 – Bloomberg: – Reuters: For more information: Cautionary statement The notes will be offered only outside the United States to non-U.S. persons in offshore transactions pursuant to Regulation S under the U.S. Securities Act of 1933, as amended (the 'Securities Act'), subject to prevailing market and other conditions. There is no assurance that the offering will be completed or, if completed, as to the terms on which it is completed. The notes to be offered have not been registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or unless pursuant to an applicable exemption from the registration requirements of the Securities Act and any other applicable securities laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes, nor shall it constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful. The notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor in the European Economic Area ('EEA'). For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU (as amended, 'MiFID II'); or (ii) a customer within the meaning of Directive (EU) 2016/97 (as amended), where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II; or (iii) not a qualified investor as defined in Regulation (EU) 2017/1129 (as amended, the 'Prospectus Regulation'). The notes are not intended to be offered, sold or otherwise made available to and should not be offered, sold or otherwise made available to any retail investor (as defined above) in the United Kingdom. The expression 'retail investor' in relation to the United Kingdom means a person who is one (or more) of the following: (i) a retail client, as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 (the 'EUWA'); (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act 2000 and any rules or regulations made thereunder to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client, as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA; or (iii) not a qualified investor as defined in Article 2 of Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the EUWA. This announcement does not constitute and shall not, in any circumstances, constitute a public offering nor an invitation to the public in connection with any offer within the meaning of the Prospectus Regulation or otherwise. The offer and sale of the notes will be made pursuant to an exemption under the Prospectus Regulation from the requirement to produce a prospectus for offers of securities. In the United Kingdom, this announcement is directed only at (i) persons having professional experience in matters relating to investments falling within Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (as amended, the 'Order'), or (ii) high net worth entities falling within Article 49(2)(a) to (d) of the Order, or (iii) persons to whom it would otherwise be lawful to distribute them, all such persons together being referred to as 'Relevant Persons.' The notes are only available to, and any invitation, offer or agreement to subscribe, purchase or otherwise acquire such notes will be engaged in only with, Relevant Persons. MiFID II professionals/ECPs-only/ No PRIIPs KID – Manufacturer target market (MIFID II product governance) is eligible counterparties and professional clients only (all distribution channels). No PRIIPs key information document (KID) has been prepared as not available to retail investors in EEA. UK MIFIR professionals/ECPs-only/ No UK PRIIPS KID – Manufacturer target market (UK MIFIR product governance) is eligible counterparties and professional clients only (all distribution channels). No UK PRIIPs key information document (KID) has been prepared as not available to retail investors in the United Kingdom. Neither the content of Séché Environnement's website nor any website accessible by hyperlinks on Séché Environnement's website is incorporated in, or forms part of, this announcement. The distribution of this announcement into certain jurisdictions may be restricted by law. Persons into whose possession this announcement comes should inform themselves about and observe any such restrictions. Any failure to comply with these restrictions may constitute a violation of the securities laws of any such jurisdiction. 1 See press release dated March 19, 2025.
Business Recorder
11 hours ago
- Business
- Business Recorder
OM International to acquire majority stake in Grays Leasing
Grays Leasing Limited announced on Wednesday that it had received a firm intention from OM International Private Limited to acquire up to 75.43% (16,217,566 ordinary shares) of the company. The company disclosed the development in a notice to the Pakistan Stock Exchange (PSX) today. OM International Private Limited intends to control the Grays Leasing, 'beyond the thresholds prescribed under section 111 of the Securities Act, 2015'. 'This intention has been notified to the board of directors of the Target Company on 29 July 2025,' the notice read. Grays Leasing Limited is a public limited company incorporated in Pakistan under the Companies Ordinance, 1984 (Now Companies, 2017). It is engaged in the leasing business and has been classified as a Non-Banking Finance Company (NBFC).
Yahoo
19 hours ago
- Business
- Yahoo
Scripps announces upsize and prices senior notes offering
CINCINNATI, July 29, 2025 /PRNewswire/ -- The E.W. Scripps Company (NASDAQ: SSP) has priced an offering of $750 million aggregate principal amount of new 9.875% senior secured second-lien notes, which represents a $100 million increase from the previously announced size of the offering. The notes will mature in 2030. The offering is expected to close on Aug. 6, 2025, subject to customary closing conditions. The private offering is exempt from the registration requirements of the Securities Act of 1933, as amended. The notes will be guaranteed by certain of the company's existing and future subsidiaries and will be secured on a second-lien basis by substantially all of the existing and future assets of the company and the guarantors, subject to customary exceptions, and guaranteed by each of the subsidiaries that also provide guarantees of the company's credit facilities. Scripps intends to use the net proceeds of this offering to (i) redeem all of the company's outstanding 5.875% senior notes due 2027, (ii) pre-pay a portion of the outstanding borrowings under the company's term loan B-2 facility due in 2028, (iii) repay a portion of the outstanding borrowings under the company's revolving credit facilities and (iv) pay the fees and expenses relating to this transaction. The notes and related guarantees have not been, and will not be, registered under the Securities Act or the securities laws of any other jurisdiction and may not be offered or sold in the United States absent registration or an applicable exemption. The notes are being offered only to persons reasonably believed to be qualified institutional buyers under Rule 144A of the Securities Act or, outside the United States, to persons other than "U.S. persons" in compliance with Regulation S under the Securities Act. This press release does not constitute an offer to sell or the solicitation of an offer to buy the notes and related guarantees and shall not constitute an offer, solicitation or sale of any securities in any jurisdiction in which such offer solicitation or sale would be unlawful. This press release is being issued pursuant to and in accordance with Rule 135c under the Securities Act. Forward-looking statementsThis press release contains "forward-looking statements" within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as: "believe," "anticipate," "intend," "expect," "estimate," "could," "should," "outlook," "guidance," and similar references to future periods. Examples of forward-looking statements include, among others, statements the company makes regarding expected operating results and future financial condition. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on management's current beliefs, expectations, and assumptions regarding the future of the industry and the economy, the company's plans and strategies, anticipated events and trends, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, and changes in circumstance that are difficult to predict and many of which are outside of the company's control. The company's actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause the company's actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: change in advertising demand, fragmentation of audiences, loss of affiliation agreements, loss of distribution revenue, increase in programming costs, changes in law and regulation, the company's ability to identify and consummate strategic transactions, the controlled ownership structure of the company, and the company's ability to manage its outstanding debt obligations. A detailed discussion of such risks and uncertainties is included in the company's Form 10-K, on file with the SEC, in the section titled "Risk Factors." Any forward-looking statement made in this press release is based only on currently available information and speaks only as of the date on which it is made. The company undertakes no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments, or otherwise. About ScrippsThe E.W. Scripps Company (NASDAQ: SSP) is a diversified media company focused on creating connection. As one of the nation's largest local TV broadcasters, Scripps serves communities with quality, objective local journalism and operates a portfolio of more than 60 stations in 40+ markets. Scripps reaches households across the U.S. with national news outlets Scripps News and Court TV and popular entertainment brands ION, Bounce, Grit, ION Mystery, ION Plus and Laff. Scripps is the nation's largest holder of broadcast spectrum. Scripps Sports serves professional and college sports leagues, conferences and teams with local market depth and national broadcast reach of up to 100% of TV households. Founded in 1878, Scripps is the steward of the Scripps National Spelling Bee, and its longtime motto is: "Give light and the people will find their own way." Contact: Media contact: Becca McCarter, (513) 410-2425, contact: Carolyn Micheli, (513) 977-3732, View original content to download multimedia: SOURCE The E.W. Scripps Company
Business Wire
a day ago
- Business
- Business Wire
Atlas Energy Solutions Announces Acquisition of PropFlow
AUSTIN, Texas--(BUSINESS WIRE)--Atlas Energy Solutions Inc. (NYSE: AESI) ('Atlas' or the 'Company') today announced the acquisition of Propflow, LLC ('PropFlow'), a leading provider of patented on-wellsite proppant filtration technology. The transaction, which closed on July 28, 2025, is intended to strengthen Atlas' existing proppant handling capabilities as part of the Company's vision of mine-to-blender proppant logistics. PropFlow provides a cutting-edge on-wellsite proppant filtration system that eliminates proppant debris at the wellsite, reducing frac equipment maintenance costs and downtime and aiding in 24/7 pumping operations. 'We are thrilled to welcome PropFlow to the Atlas family,' said John Turner, Atlas' President & Chief Executive Officer. 'The addition of PropFlow is just another step in our mission to drive higher completion efficiencies for our customers. We anticipate that PropFlow's patented filtration system, combined with Atlas' high-quality sand and logistics platform, will allow Atlas to provide customers with the supporting infrastructure to pump at rates that surpass historical benchmarks. Atlas continues to look for ways to generate the next wave of evolution in well completion methodologies in an effort to drive better returns for our customers and Atlas shareholders.' About Atlas Energy Solutions Atlas Energy Solutions Inc. (NYSE: AESI) is a leading solutions provider to the energy industry. Atlas's portfolio of offerings includes oilfield logistics, distributed power systems, and the largest proppant supply network in the Permian Basin. With a focus on leveraging technology, automation, and remote operations to enhance efficiencies, Atlas is centered on a core mission of improving human access to the hydrocarbons that power our lives and, by doing so, maximizing value creation for our shareholders. About Propflow, LLC PropFlow's innovative and patented technology is designed to eliminate debris from proppant at the wellsite. The company's mission is to improve proppant delivery, reduce frac equipment maintenance costs and downtime, minimize the total proppant cost to the end user, and offer customers a viable path to reduce carbon emissions. Pre-transaction, PropFlow was headquartered in Little Rock, Arkansas with operations based in Odessa, Texas. PropFlow was founded in 2021 by Britt Mitchell and Chris Martin. Cautionary Statement Regarding Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended (the 'Securities Act'), and Section 21E of the Securities Exchange Act of 1934, as amended (the 'Exchange Act'). Statements that are predictive or prospective in nature, that depend upon or refer to future events or conditions or that include the words 'may,' 'assume,' 'forecast,' 'position,' 'strategy,' 'potential,' 'continue,' 'could,' 'will,' 'plan,' 'project,' 'budget,' 'predict,' 'pursue,' 'target,' 'seek,' 'objective,' 'believe,' 'expect,' 'anticipate,' 'intend,' 'estimate' and other expressions that are predictions of or indicate future events and trends and that do not relate to historical matters identify forward-looking statements. Examples of forward-looking statements include, but are not limited to statements regarding the expected synergies and efficiencies to be achieved as a result of the acquisition of PropFlow. Although forward-looking statements reflect our good faith beliefs at the time they are made, we caution you that these forward-looking statements are subject to a number of risks and uncertainties, most of which are difficult to predict and many of which are beyond our control. These risks include but are not limited to: uncertainties as to whether the Moser Acquisition will achieve its anticipated benefits and projected synergies within the expected time period or at all; Atlas's ability to integrate Moser's operations in a successful manner and in the expected time period; unforeseen or unknown liabilities, future capital expenditures and potential litigation relating to the Moser Acquisition; unexpected future capital expenditures; our ability to successfully execute our stock repurchase program or implement future stock repurchase programs; commodity price volatility, including volatility stemming from the ongoing armed conflicts between Russia and Ukraine, Israel and Hamas and Israel and Iran; increasing hostilities and instability in the Middle East; adverse developments affecting the financial services industry; changes in tariffs, trade barriers, price and exchange controls and other regulatory requirements, including such changes that may be implemented by U.S. and foreign governments; our ability to complete growth projects, on time and on budget; the risk that stockholder litigation in connection with our recent corporate reorganization may result in significant costs of defense, indemnification and liability; changes in general economic, business and political conditions, including changes in the financial markets; transaction costs; actions of OPEC+ to set and maintain oil production levels; the level of production of crude oil, natural gas and other hydrocarbons and the resultant market prices of crude oil; inflation; environmental risks; operating risks; regulatory changes; lack of demand; market share growth; the uncertainty inherent in projecting future rates of reserves; production; cash flow; access to capital; the timing of development expenditures; the ability of our customers to meet their obligations to us; our ability to maintain effective internal controls; and other factors discussed or referenced in our filings made from time to time with the U.S. Securities and Exchange Commission ('SEC'), including those discussed under the heading 'Risk Factors' in our Annual Report on Form 10-K, filed with the SEC on February 25, 2025 and Quarterly Report on Form 10-Q, filed with the SEC on May 6 2025, and any subsequently filed Quarterly Reports on Form 10-Q and Current Reports on Form 8-K. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date hereof. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. We undertake no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise, except as may be required by law.
Business Wire
2 days ago
- Business
- Business Wire
CenterPoint Energy, Inc. Announces Pricing of Offering of $900 Million of 3.00% Convertible Senior Notes Due 2028
HOUSTON--(BUSINESS WIRE)--CenterPoint Energy, Inc. (NYSE: CNP) or 'CenterPoint' today announced the pricing of its offering of $900 million aggregate principal amount of its 3.00% Convertible Senior Notes due 2028 (the 'convertible notes') in a private placement to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the 'Securities Act'). CenterPoint also granted the initial purchasers of the convertible notes the option to purchase up to an additional $100 million aggregate principal amount of convertible notes for settlement within a 13-day period beginning on, and including, the date on which the convertible notes are first issued. The sale of the convertible notes is expected to close on July 31, 2025. The convertible notes will be senior, unsecured obligations of CenterPoint. The convertible notes will mature on August 1, 2028, unless earlier converted or repurchased. The convertible notes will bear interest at a rate of 3.00% per year, payable semiannually in arrears on February 1 and August 1 of each year, beginning on February 1, 2026. Prior to May 1, 2028, the convertible notes will be convertible only upon the occurrence of certain events and during certain periods. Thereafter, the convertible notes will be convertible by holders at any time in whole or in part until the close of business on the second scheduled trading day immediately preceding the maturity date. Upon conversion, CenterPoint will pay cash up to the aggregate principal amount of the convertible notes to be converted and pay or deliver, as the case may be, cash, shares of CenterPoint's common stock, par value $0.01 ('common stock'), or a combination of cash and shares of common stock, at CenterPoint's election, in respect of the remainder, if any, of its conversion obligation in excess of the aggregate principal amount of the convertible notes being converted. CenterPoint may not redeem the convertible notes prior to the maturity date. The initial conversion rate for the convertible notes will be 21.4477 shares of common stock per $1,000 principal amount of convertible notes (equivalent to an initial conversion price of approximately $46.63 per share of the common stock). The conversion rate and the corresponding conversion price will be subject to adjustment in some events but will not be adjusted for any accrued and unpaid interest. CenterPoint expects that the net proceeds from the offering of the convertible notes will be approximately $888.1 million (or approximately $986.8 million if the initial purchasers exercise their option to purchase additional convertible notes in full), after deducting the initial purchasers' discounts and commissions and offering expenses payable by CenterPoint. CenterPoint intends to use the net proceeds from this offering for general corporate purposes, including the repayment of a portion of its outstanding commercial paper and other debt. The convertible notes and any shares of common stock issuable upon conversion of the convertible notes have been offered and sold only to persons reasonably believed to be qualified institutional buyers in the United States pursuant to Rule 144A under the Securities Act. The offer and sale of the convertible notes and any shares of common stock issuable upon conversion of the convertible notes have not been registered under the Securities Act or any state securities laws and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state laws. This press release does not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities, in any jurisdiction in which the offer, solicitation or sale of these securities would be unlawful prior to registration or qualification under the securities laws of any jurisdiction. About CenterPoint As the only investor-owned electric and gas utility based in Texas, CenterPoint Energy, Inc. (NYSE: CNP) is an energy delivery company with electric transmission and distribution, power generation and natural gas distribution operations that serve more than 7 million metered customers in Indiana, Minnesota, Ohio and Texas. As of June 30, 2025, the company owned approximately $44 billion in assets. With approximately 8,300 employees, CenterPoint and its predecessor companies have been in business for more than 150 years. Forward-Looking Statements This press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. When used in this press release, the words 'anticipate,' 'believe,' 'continue,' 'could,' 'estimate,' 'expect,' 'forecast,' 'goal,' 'intend,' 'may,' 'objective,' 'plan,' 'potential,' 'predict,' 'projection,' 'should,' 'target,' 'will,' 'would' or other similar words are intended to identify forward-looking statements. Any statements in this press release regarding future events that are not historical facts are forward-looking statements. These forward-looking statements, which include statements regarding CenterPoint's expectations regarding the closing of the sale of the convertible notes and the use of the net proceeds from the sale, are based upon assumptions of management which are believed to be reasonable at the time made and are subject to significant risks and uncertainties. Actual events and results may differ materially from those expressed or implied by these forward-looking statements. CenterPoint cannot be sure that it will close the sale of the convertible notes or, if it does, on what terms the sale will be closed. Each forward-looking statement contained in this press release speaks only as of the date of this release, and CenterPoint does not assume any duty to update or revise forward-looking statements. Important factors that could cause actual results to differ materially from those indicated by the provided forward-looking information include risks and uncertainties relating to: (1) actions by credit rating agencies, including any potential downgrades to credit ratings; (2) financial market conditions; (3) general economic conditions; (4) the timing and impact of future regulatory, executive and legislative decisions and actions; and (5) other factors, risks and uncertainties discussed in CenterPoint's Annual Report on Form 10-K for the fiscal year ended December 31, 2024 and CenterPoint's Quarterly Reports on Form 10-Q for the quarters ended March 31, 2025 and June 30, 2025 and other reports CenterPoint or its subsidiaries may file from time to time with the Securities and Exchange Commission ('SEC'). You are cautioned not to place undue reliance on CenterPoint's forward-looking statements. Investors and others should note that CenterPoint may announce material information using SEC filings and the Investor Relations page of its website, including press releases, public conference calls, webcasts and other investor information. In the future, CenterPoint expects to continue to use these channels to distribute material information about CenterPoint and to communicate important information about CenterPoint, key personnel, corporate initiatives, regulatory updates, and other matters. Information that CenterPoint posts on its website could be deemed material; therefore, investors are encouraged to review the information posted on the Investor Relations page of CenterPoint's website.
