On Monday, Barrick Gold Corporation (NYSE:ABX)‘s shares inclined 2.76% to $94.69.
Barrick Gold Corporation declared the results as of 5:00 p.m., New York City time, on December 14, 2015 (the “Early Tender Date”), of its cash tender offer (the “Tender Offer”) for specified series of outstanding notes (the “Notes”). The terms and conditions of the Tender Offer are described in an offer to purchase (the “Offer to Purchase”) and the related letter of transmittal (the “Letter of Transmittal”), each dated December 1, 2015.
The Tender Offer
The Tender Offer commenced on December 1, 2015. Barrick, Barrick North America Finance LLC and Barrick (PD) Australia Finance Pty Ltd (together, the “Offerors”) are offering to purchase for cash the series of Notes set out in the table below for an aggregate purchase price (counting principal and premium) of up to $1,150,000,000, as such amount may be raised by the Offerors, plus accrued and unpaid interest on the Notes from the last applicable interest payment date up to, but not counting, the settlement date. The amount of a series of Notes that is purchased in the Tender Offer will be based on the order of priority (the “Acceptance Priority Level”) for such series of Notes as set forth in the table below, with 1 being the highest Acceptance Priority Level and 7 being the lowest Acceptance Priority Level. If there are sufficient remaining funds to purchase some, but not all, of the Notes tendered of any series, the amount of Notes purchased in that series will be subject to proration using the procedure more fully described in the Offer to Purchase.
Barrick Gold Corporation produces and sells gold and copper. The company is also involved in exploration and mine development activities. It conducts mining, development and exploration, and other activities in various countries, counting the United States, Canada, Australia, Argentina, Chile, Peru, the Dominican Republic, Papua New Guinea, Tanzania, Zambia, and Saudi Arabia.
CME Group Inc (NASDAQ:CME)’s shares gained 2.76% to $94.69.
CME Group declared that one million contracts have now been traded on its London-based derivatives exchange, CME Europe. CME Europe launched in April 2014, and the total volume of contracts traded since launch stood at 1,002,497 as of 10 December 2015.
CME Europe’s growth has been broadly driven across its product range in FX, energy and agricultural commodities futures contracts. This comprises the award winning, euro-denominated, physically delivered cocoa futures contract launched in May 2015.
Cees Vermaas, CEO of CME Europe, said: “CME Europe has established itself in the European market, and our commitment to providing customers with choice and best-in-class processes for clearing, margining and pricing is resonating with a wide range of market users. This milestone is an important one for our growth overall, and we remain committed to serving the risk administration needs of market participants in Europe.”
CME Group Inc., through its auxiliaries, owns and operates derivatives marketplace for the trading of futures and options worldwide. It offers a range of products for trading and/or clearing across various asset classes, based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, and metals.
At the end of Monday’s trade, Hilton Worldwide Holdings Inc (NYSE:HLT)‘s shares dipped -2.39% to $21.28.
Hilton Worldwide Holdings declared that for the third year in a row it was awarded a perfect score of 100 percent on the Human Rights Campaign (HRC) Foundation’s 2016 Corporate Equality Index (CEI), a national benchmarking survey and report on corporate policies and practices related to the lesbian, gay, bisexual and transgender (LGBT) community. Hilton Worldwide is among 407 major U.S. businesses that received top marks this year and were named a Best Place to Work for LGBT Equality.
“We take pride in celebrating the diversity of our workforce and creating an inclusive working environment,” said Matt Schuyler, chief human resources officer, Hilton Worldwide. “We are honored by this recognition, which is a testament to our commitment to providing a great place to work for all our Team Members.”
The 2016 CEI rated 1,027 businesses in the report, which evaluates several initiatives counting non-discrimination workplace protections, domestic partner benefits, transgender-inclusive health care benefits, competency training and public engagement with the LGBT community.
Hilton Worldwide Holdings Inc., a hospitality company, owns, leases, manages, develops, and franchises hotels, resorts, and timeshare properties worldwide. The company operates hotels under the Hilton Hotels & Resorts, Waldorf Astoria Hotels & Resorts, Conrad Hotels & Resorts, Canopy by Hilton, Curio - A Collection by Hilton, DoubleTree by Hilton, Embassy Suites by Hilton, Hilton Garden Inn, Hampton by Hilton, Homewood Suites by Hilton, Home2 Suites by Hilton, and Hilton Grand Vacations brands.
