Nuvias acquires value-added distribution business in Dubai
London, UK: 7/9/16: Specialist EMEA distributor, the Nuvias Group, announces it has added a fourth region, MEA, to its regional EMEA structure. The other three Nuvias Group regions are Northern, Central and Southern Europe.
Nuvias has acquired SCD, a distributor operating out of Dubai. The new office will now act as a hub for Nuvias’ MEA activities, covering all parts of the Gulf Co-operation Council[1] (GCC) area, Pakistan and Afgha
SANTA CLARA, CA — (Marketwired) — 09/07/16 — Inphi Corporation (NYSE: IPHI) today announced the pricing of $250.0 million aggregate principal amount of 0.75% convertible senior notes due 2021 (the "notes") in a private placement to qualified institutional buyers pursuant to an exemption from the registration requirements of the Securities Act of 1933, as amended (the "Securities Act"). The size of the offering was increased from the previously announced $200.0 million agg
MONTREAL, QUEBEC — (Marketwired) — 09/07/16 — LaunchLeap, a collaborative social feedback platform, today announced it has launched a new interactive project with Bauer Hockey, the world–s leading manufacturer of ice hockey equipment. As a result of the project and through the use of LaunchLeap–s proprietary platform, Bauer Hockey looks to generate additional insight into future product design and development directly from its fans and customers.LaunchLeap is an online platform that lets
OTTAWA, ONTARIO — (Marketwired) — 09/07/16 — Editor–s Note: There is an image associated with this release.–s for critical and emergency communications platform has been selected as a finalist and can be voted for as the People–s Choice Award for ASIS 2016 because of its unique integration with single or multiple gunshot sensor detection supporting unlimited escalation to individuals, groups or personnel automatically discovered within affected network zones."It is exciting to have
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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
– 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