On Tuesday, Sealed Air Corp (NYSE:SEE)’s shares inclined 2.28% to $50.71.
Sealed Air Corp (SEE) declared the closing of its formerly declared offering of $400 million aggregate principal amount of 5.500% senior unsecured notes due 2025 (the “Dollar Notes”) and €400 million aggregate principal amount of 4.500% senior unsecured notes due 2023 (together with the Dollar Notes, the “Notes”). The Notes were sold to investors at 100.0% of their aggregate principal amount.
The Company is using the net proceeds from the offering of the Notes to repurchase all of its outstanding 8.375% Senior Notes due 2021 pursuant to the tender offer that the Company launched on June 8, 2015, and to pay related premiums, fees and expenses in connection therewith.
The Notes and related guarantees have been offered only to qualified institutional buyers under Rule 144A of the Securities Act of 1933, as amended (the “Securities Act”), and to non-U.S. persons in transactions outside the United States under Regulation S of the Securities Act. The Notes have not been registered under the Securities Act, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and other applicable securities laws.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities nor has there been any sale of these securities in any state or other jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or other jurisdiction.
Sealed Air Corporation provides food safety and security, facility hygiene, and product protection solutions worldwide. The company’s Food Care segment offers integrated system solutions that incorporate equipment systems into customers operations; and packaging equipment systems that incorporate various options for loading, filling and dispensing, and retort and aseptic processing conditions.
New York REIT Inc (NYSE:NYRT)’s shares gained 3.09% to $9.34.
New York REIT Inc (NYRT) declared that Gregory W. Sullivan has resigned and will be leaving the Company to pursue other interests. He did not resign following any disagreement with the Company and will remain accessible to facilitate a smooth transition. While the Company seeks a replacement for Mr. Sullivan, Nick Radesca, the Company’s former CFO, will serve in this position.
New York REIT, Inc. focuses on acquiring commercial real estate, in addition to acquiring properties or making other real estate investments that relate to office, retail, multi-family residential, industrial, and hotel property types located primarily in New York City. It intends to qualify as a real estate investment trust for the U.S. federal income tax purposes. The company was formerly known as American Realty Capital New York Recovery REIT, Inc. New York REIT, Inc. was founded in October 2009 and is based in New York, New York.
At the end of Tuesday’s trade, Hain Celestial Group Inc (NASDAQ:HAIN)‘s shares surged 4.73% to $64.54.
The Hain Celestial Group (HAIN), headquartered in Lake Success, NY, is a leading organic and natural products company with operations in North America, Europe and India. For nearly 30 years the Earth’s Best Organic® brand has nurtured babies with pure, delicious certified organic foods from a trusted group of farmers. As the first complete line of certified U.S. Department of Agriculture (“USDA”) organic infant foods and formulas, Earth’s Best Organic® infant formula is specifically formulated to meet all U.S. Food and Drug Administration requirements for infant nutrition for the first 12 months of life when breastfeeding is not an option for you or your baby.
Earth’s Best Organic® Certified USDA Organic Infant Formula provides four options:
- Dairy Infant Formula
- Sensitivity Infant Formula
- Soy Infant Formula
- Dairy Toddler Formula.
Earth’s Best Organic® formula dominates the organic formula market with 65% dollar share and total growth of 43% contrast to a year ago[1].
Earth’s Best Organic® certified USDA organic infant formulas are made without genetically engineered ingredients, counting the feed administered to the cows that supply the milk ingredients used. Earth’s Best Organic® certified USDA organic infant formulas are also:
- Made with ingredients that are grown without the use of potentially harmful herbicides, pesticides and synthetic fertilizers;
- Contain milk ingredients from cows that are humanely raised and not treated with growth hormones or antibiotics; and
- Prohibit the use of ionizing radiation and sewage sludge in organic agriculture.
When selecting Earth’s Best Organic® infant formula that displays the USDA organic logo, you can be sure that you are providing pure ingredients that are good for your baby and the environment too.
The Hain Celestial Group, Inc., together with its auxiliaries, manufactures, markets, distributes, and sells organic and natural products in the United States, the United Kingdom, Canada, and Europe. Its grocery products comprise infant formula, rice, non-dairy beverages, frozen desserts, flour and baking mixes, breads, hot and cold cereals, pasta, condiments, cooking and culinary oils, granolas, granola and cereal bars, canned, chilled fresh, aseptic and instant soups, and greek-style yogurt, in addition to infant, toddler, and kids foods.
Fulton Financial Corp (NASDAQ:FULT), ended its Tuesday’s trading session with 1.44% gain, and closed at $13.36.
The Board of Directors of Fulton Financial Corporation ( FULT) has declared a quarterly cash dividend of nine cents per share on its common stock, payable on July 15, 2015 to shareholders of record as of July 1, 2015.
Fulton Financial Corporation, a $17.4 billion Lancaster, Pa.-based financial holding company, has approximately 3,700 employees and operates more than 240 branches in Pennsylvania, Maryland, Delaware, New Jersey and Virginia through six subsidiary banks.
Fulton Financial Corporation operates as a multi-bank financial holding company that provides a range of banking and financial services to businesses and consumers. It offers personal banking services that comprise various checking account and savings deposit products, certificates of deposit, and individual retirement accounts. The company also offers consumer loan products comprising home equity loans and lines of credit, in addition to automobile loans, automobile and equipment leases, personal lines of credit, and checking account overdraft protection; various fixed and variable-rate products, counting construction loans and jumbo loans; and residential mortgages.
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Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.
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