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(The following statement was released by the company) WELLINGTON, July 10 - Skycity Entertainment Group Limited advises that it has bought back (and retired) US$53m (NZ$84.5m) of its March 2012 maturity US Private Placement debt. The debt buyback was transacted on 9 July 2009 at a discount of 2% to face value: at US98 cents per US$1.00 of debt. While the offer to repurchase was made to all ...
HONG KONG, July 10 (Reuters) - These are some of the leading stories in Hong Kong newspapers on Friday. Reuters has not verified these stories and does not vouch for their accuracy.
Stocks on the move Real-time Equity news
By Soyoung Kim and Megan Davies
Shawn Marion is headed to the Dallas Mavericks, Jerry Stackhouse is going to the Memphis Grizzlies and Hedo Turkoglu is going to Toronto Raptors in a complex deal involving four teams.
PARIS, July 9 (Reuters) - Societe Generale and Credit Agricole signed a final agreement to merge their asset management arms and create a top 10 global player with 591 billion euros of assets under management, they said on Thursday. The new company will be 75 percent owned by Credit Agricole and 25 percent owned by SocGen, the banks said in a statement after initially saying in January the split ...
By Jui Chakravorty Das and Kevin Krolicki
Rule 13e-4(e)(3) specifies that when a material change occurs in the information that the issuer has published, sent or given to security holders, then the issuer must promptly disseminate disclosure of the material change "in a manner reasonably calculated to inform security holders of the change."
A key consideration in developing any liability management strategy is the extent to which the SEC's tender offer rules apply to contemplated transactions, given that these rules can substantially affect the manner in which a transaction is conducted, the timing of the transaction, as well as the issuer's ability to conduct other transactions in its securities around the time of the tender offer.
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