IHO Holding launches EUR 3.3 billion refinancing

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– Issuance of bonds totaling EUR 2.5 billion equivalent with 5, 7 and 10 years maturities in Euros and U.S. Dollars
– Repayment of existing EUR 1.7 billion equivalent bonds and partial prepay-ment of Schaeffler AG Loan Note
– New EUR 800 million credit agreement signed with four international banks
IHO Holding, a group of holding com-panies indirectly owned by the Schaeffler Family, announces a EUR 3.3 billion equiva-lent refinancing of existing indebtedness. T

Schaeffler AG reduces debt

– Early prepayment of USD 850 million bond with a coupon of 4.75%
– Net debt of Schaeffler AG reduces to EUR 4.2 billion
– Further step to reach leverage targets earlier than expected
Following the announced EUR 3.3 billion equivalent refinancing of existing indebtedness of IHO Holding, a group of holding companies indirectly owned by the Schaeffler Family, Schaeffler AG intends to further delever by fully redeeming its USD 850 million 4.75% senior secured notes due 2021

Calian Re-Wins Two Multi-Year Contracts for Long-Term DND Customers With A Combined Potential Ceiling Value of $29 Million

Calian Re-Wins Two Multi-Year Contracts for Long-Term DND Customers With A Combined Potential Ceiling Value of $29 Million

OTTAWA, ONTARIO — (Marketwired) — 09/06/16 — (All amounts in this release are in Canadian Dollars)Calian Group Ltd. (TSX: CGY) is pleased to report that it has re-won two long-term DND contracts for a combined ceiling value of $29 million with the Military Personnel Generation (MilPersGen) and the Royal Canadian Electrical and Mechanical Engineers (RCEME) Schools.The initial contract for the Military Personnel Generation contract is valued at $7 million over a period of 12 months with two on

AMD Announces Public Offerings of $600 Million of Common Stock and $450 Million of Convertible Senior Notes

AMD Announces Public Offerings of $600 Million of Common Stock and $450 Million of Convertible Senior Notes

SUNNYVALE, CA — (Marketwired) — 09/06/16 — AMD (NASDAQ: AMD) today announced that it intends to commence concurrent public offerings, subject to market and other conditions, of approximately $600 million of its common stock (the "Shares") and $450 million aggregate principal amount of its convertible senior notes due 2026 (the "New Notes"). AMD is offering all of the Shares and the New Notes. In addition, AMD expects to grant the underwriters a 30-day option to purchase u