– 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
AMSTERDAM, THE NETHERLANDS — (Marketwired) — 09/07/16 — The is pleased to announce that it will enter into the cinema lens market with the release of its , designed specifically for cinematography. In the world of digital film production, there is an increasing demand for higher resolution, and SIGMA–s new lineup of high-performance lenses is compatible with the latest, high-resolution digital cinema cameras. SIGMA has developed its own production system by establishing the required techno
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
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
BURLINGTON, ONTARIO — (Marketwired) — 09/06/16 — Attention Business/Financial Editors:Evertz Technologies Limited (TSX: ET), the leader in Software Defined Video Network ("SDVN") technology, today reported its results for the first quarter ended July 31, 2016.Quarter HighlightsRevenueFor the quarter ended July 31, 2016, revenues were $87.0 million, an increase of $2.1 million or 3%, as compared to revenues of $84.9 million for the quarter ended July 31, 2015. For the quarter, reven
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