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Seaspan Corporation (“Seaspan”), a wholly owned subsidiary of Atlas Corp. (“Atlas”) (NYSE: ATCO), has entered into a note purchase agreement to issue, in a private placement (the “Private Placement”), $500 million principal amount of fixed rate, sustainability-linked senior secured notes (the “Notes”), of which $450 million principal amount was issued and sold on Friday, May .
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Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient: 1. Obtains access to the information in a personal capacity; 2. Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services; 3. Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body; 4. Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
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HSF Advises Joint Lead Managers on Commonwealth Bank of Australia’s A$1.18 billion PERLS XIII Issue
Herbert Smith Freehills has advised the Joint Lead Managers of the Commonwealth Bank of Australia’s (CBA) offer of CommBank PERLS XIII Capital Notes.
CBA is one of Australia’s leading providers of integrated financial services including retail, business and institutional banking, funds management, superannuation, insurance and broking services.
CommBank PERLS XIII Capital Notes are subordinated, unsecured notes. The proceeds from the issue will raise Tier 1 Capital to satisfy CBA’s regulatory capital requirements and maintain the diversity of CBA’s sources and types of funding. The net proceeds of the Offer will be used to fund CBA’s business.