During Monday’s Morning trade, Shares of Southern Co (NYSE:SO), gained 1.23% to $44.49.
Southern Company partner Southern Power declared that it has priced its offering of $1 billion aggregate principal amount of Green Bonds. The Green Bonds are senior notes, comprised of $500 million of Series 2015C 4.15% Senior Notes due December 1, 2025 and $500 million of Series 2015D 1.85% Senior Notes due December 1, 2017. The notes will be senior unsecured obligations of Southern Power. Southern Power anticipates the offering to close on November 17, 2015, subject to customary closing conditions.
An amount equal to the net proceeds of the offering will be allocated to renewable energy generation projects, counting financing of, or investments in, solar and wind power generation facilities located in the United States.
BofA Merrill Lynch, Barclays, MUFG, Mizuho Securities and Morgan Stanley are acting as the joint book-running managers for the offering, and BofA Merrill Lynch acted as Lead Green Structuring Agent.
The Southern Company, together with its auxiliaries, operates as a public electric utility company. It is involved in the generation, transmission, and distribution of electricity through coal, nuclear, oil and gas, and hydro resources in the states of Alabama, Georgia, Florida, and Mississippi.
Shares of Jumei International Holding Ltd (NYSE:JMEI), declined -3.08% to $7.87, during its current trading session.
Jumei International Holding Limited, declared that it plans to release its unaudited third quarter 2015 financial results before US markets open on Friday, November 20, 2015.
Jumei’s administration team will host a conference call on Friday, November 20, 2015 at 8:00 a.m. U.S. Eastern Time (9:00 p.m. Beijing / Hong Kong Time on the same day) to discuss the financial results.
Jumei International Holding Limited operates as an online retailer of beauty products in the People’s Republic of China. The company offers beauty products, such as cosmetics, skin care, cosmetic applicators, fragrance, and body care products; and beauty products for men, and baby and children.
Finally, Shares of B2Gold Corp (NYSEMKT:BTG), gained 0.46%, and is now trading at $1.09.
B2Gold Corp., reports its operational and financial results for the three and nine months ended September 30, 2015. The Company formerly released its gold production and revenue for the third quarter of 2015 (see news release dated 10/21/15). All dollar figures are in United States dollars unless otherwise indicated.
2015 Third Quarter Highlights
- Record quarterly merged gold production of 124,371 ounces, 38% greater than in the same period in 2014
- Gold revenue of $139.3 million on record sales of 124,481 ounces at an average price of $1,119 per ounce
- Merged cash operating costs of $584 per ounce, 20% or $148 per ounce lower than in the same period last year
- All-in sustaining costs of $875 per ounce, 22% or $242 per ounce lower than in the same period last year
- Cash flow from operating activities of $33.9 million ($0.04 per share)
- Otjikoto mill expansion from 2.5 million tonnes per year to 3.0 million tonnes per year accomplished on time and plan in September
- The Company is on track to meet the lower end of its 2015 production guidance of 500,000 to 540,000 ounces of gold and on track to meet its 2015 cost guidance of cash operating costs between $630 to $660 per ounce and all-in sustaining costs between $950 and $1,025 per ounce
B2Gold Corp., a mid-tier gold mining company, explores and develops mineral properties in Nicaragua, the Philippines, Namibia, Burkina Faso, and Chile. The company principally explores for gold, silver, and copper.