Press release content from Business Wire. The AP news staff was not involved in its creation.
Pacific Coast Oil Trust Announces There Will Be No January Cash Distribution
January 15, 2021 GMT
HOUSTON (BUSINESS WIRE) Jan 15, 2021
PACIFIC COAST OIL TRUST (OTC Pink: ROYTL) (the “Trust”), a royalty trust formed by Pacific Coast Energy Company LP (“PCEC”), announced today that there will be no cash distribution to the holders of its units of beneficial interest of record on January 25, 2021 based on the Trust’s calculation of net profits generated during November 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to experience negative monthly net profits, the Trust is expected to terminate by its terms by the end of 2021. As described further below, based on information from PCEC, the likelihood of distributions to the unitholders in the foreseeable future is e
Press release content from Business Wire. The AP news staff was not involved in its creation.
Tiffany & Co. Announces Receipt of Requisite Consents and Expiration of Consent Solicitations
December 17, 2020 GMT
Tiffany & Co. (NYSE: TIF) (the “
Company ”) announced today that holders of a majority in aggregate principal amount of its outstanding $300,000,000 4.900% senior notes due October 1, 2044 (the “
2044 Notes ”) have delivered valid consents (the “
2044
Requisite Consents ”) in connection with the Company’s proposed amendments described in the Statement (as defined below) for such 2044 Notes.
The Company previously announced on December 15, 2020 that holders of a majority in aggregate principal amount of its outstanding $250,000,000 3.800% senior notes due October 1, 2024 (the “
Transco Announces Extension of Exchange Offer TULSA, Okla. (Business Wire) Transcontinental Gas Pipe Line Company, LLC (“Transco”), a wholly owned subsidiary of The Williams Companies, Inc. (NYSE: WMB), announced today that it has extended its offer to exchange any and all of its $700 million in aggregate principal amount of outstanding 3.250 percent Senior Notes due 2030 and $500 million in aggregate principal amount of outstanding 3.950 percent Senior Notes due 2050 for an equal amount of the applicable series of its registered 3.250 percent Senior Notes due 2030 and 3.950 percent Senior Notes due 2050 until 5 p.m. Eastern Standard Time (EST) on December 16, 2020. The offer was previously scheduled to expire at 5 p.m. EST on December 11, 2020.