On Thursday, Shares of Windstream Holdings, Inc. (NASDAQ:WIN), surged 1.18% to $7.73.
Communications Sales & Leasing, Inc. and CSL Capital, LLC declared that they have priced their formerly declared offerings of $400 million aggregate principal amount of 6.00% senior secured notes and $1.11 billion aggregate principal amount of 8.25% senior unsecured notes. The Issuers also declared recently that they have priced the $2.14 billion senior secured term loan B facility and the $500 million senior secured revolving credit facility. The term loans under the Facilities are predictable to bear interest at a rate equal to, at the Company’s option, either a base rate plus an applicable margin equal to 3.00% or a eurodollar rate plus an applicable margin equal to 4.00%. The Notes offerings and the Facilities are predictable to close on April 24, 2015, subject to customary closing conditions.
The Secured Notes will be issued at an issue price of 100% and the Senior Notes will be issued at an issue price of 97.055%. The Notes will be guaranteed by each of CS&L’s wholly owned domestic restricted auxiliaries that guarantees indebtedness under the Facilities. The term loans under the Facilities are predictable to be issued at a discount of 2%. The loans under the Facilities will be incurred by the Issuers, guaranteed by the Guarantors, and secured by substantially all of the assets of the Issuers and the Guarantors, subject to certain exceptions, which assets will also secure the Secured Notes.
The Notes are being offered for sale by certain selling securityholders that intend to attain such Notes from the Issuers’ parent, Windstream Services, LLC, in exchange for debt of Windstream Services that such selling security holders will attain.
Windstream Holdings, Inc. provides communications and technology solutions in the United States. It offers managed services and cloud computing services to businesses, in addition to broadband, voice, and video services to consumers primarily in rural markets.
Shares of HomeAway, Inc. (NASDAQ:AWAY), gained 1.17% to $32.78, during the last trading session on Thursday.
On April 1, HomeAway declared its investment in CanadaStays, Canada’s largest vacation rental website. HomeAway(R) led the round of fundraising with participation by Torstar Corporation.
In addition to the investment, HomeAway has reached a long-term partnership with CanadaStays, which will give property owners and managers on CanadaStays the opportunity to reach the more than 65 million travelers each month who visit HomeAway websites around the world.
CanadaStays, which was founded in 2008, lists properties ranging from cabins to condos, to fishing lodges and ski chalets. The company estimates there are about 220,000 homes in Canada accessible for rent on a short-term basis.
Canada is an increasingly popular destination for travelers, HomeAway data shows. Destinations such as Montreal and British Columbia’s Sunshine Coast saw double-digit percentage raises in demand during 2014.
HomeAway plans to make CanadaStays online bookable listings accessible on HomeAway.ca this year, with the opportunity for CanadaStays customers to pay for additional exposure on HomeAway’s other sites. Gray will serve on the board of directors of CanadaStays.
HomeAway, Inc., together with its auxiliaries, operates an online vacation rental property marketplace that enables property owners and managers to market properties for rental to vacation travelers
At the end of Thursday’s trade, Shares of CONSOL Energy Inc. (NYSE:CNX), gained 1.17% to $31.14.
On April 7, CONSOL Energy declared certification of its operational practices by the Center for Sustainable Shale Development (CSSD). The certification, independently validated by Bureau Veritas, confirms CONSOL’s compliance with all 15 CSSD performance standards related to environmental stewardship of air and water. These performance standards have been designed to exceed the regulatory minimums established by state and federal regulatory bodies.
The company also released its fourth annual Corporate Responsibility Report, which details execution against Key Performance Indicators (KPIs), and outlines activities and new initiatives undertaken during the past year toward the company’s comprehensive corporate responsibility aims.
CONSOL Energy Inc., together with its auxiliaries, operates as an integrated energy company in the United States and internationally. The company operates through two divisions, Exploration and Production (E&P), and Coal. The E&P division produces pipeline quality natural gas primarily to gas wholesalers.
Finally, Enbridge Inc. (NYSE:ENB), ended its Thursday’s trading session with 1.15% gain, and closed at $52.85.
Enbridge, will hold its Annual and Special Meeting of Shareholders in Toronto, Ontario on Wednesday, May 6, 2015. Earlier in the day, Enbridge will also host a conference call and webcast to talk about 2015 first quarter financial results and provide an update on Company developments.
Enbridge Inc. operates as an energy transportation and distribution company in the United States and Canada. Its Liquids Pipelines segment operates common carrier and contract crude oil, natural gas liquids (NGL), and refined products pipelines and terminals.
DISCLAIMER:
This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.
All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.
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.
Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.