Devon Energy announces board change
OKLAHOMA CITY â Devon Energy Corp. announced that D. Martin Phillips, a managing partner of the EnCap Investments LP, will resign from the companyâs board of directors effective immediately.
The resignation is following a reduction in EnCapâs holdings in Devon through disposition transactions that occurred Feb. 22.
The resignation is consistent with the provisions of a shareholder agreement that permitted EnCap to designate a director if a 10 percent ownership threshold of Devon s outstanding common stock was maintained.
Phillips joined Devonâs board of directors in January by way of the companyâs merger with WPX Energy. Phillips became a member of WPX Energyâs board in 2020.
Newmont Announces Redemption of 2021 Senior Notes
Newmont Corporation announced today it will redeem the principal amount of $550 million related to its 3.625% Senior Notes due June 2021 . The Notes will be redeemed on April 9, 2021, at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest in accordance with the terms of the Notes. Interest on the Notes will cease to accrue on the Redemption Date. Questions … Newmont Corporation (NYSE: NEM, TSX: NGT) announced today it will redeem the principal amount of $550 million related to its 3.625% Senior Notes due June 2021 (the “Notes”). The Notes will be redeemed on April 9, 2021, (the “Redemption Date”) at a redemption price equal to the principal amount of the outstanding Notes plus accrued and unpaid interest in accordance with the terms of the Notes. Interest on the Notes will cease to accrue on the Redemption Date.
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Pacific Coast Oil Trust Announces There Will Be No February Cash Distribution
February 25, 2021 GMT
HOUSTON (BUSINESS WIRE) Feb 25, 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 February 26, 2021 based on the Trust’s calculation of net profits generated during December 2020 (the “Current Month”) as provided in the conveyance of net profits interests and overriding royalty interest (the “Conveyance”). If the Trust continues to receive insufficient monthly income from its net profits interests and overriding royalty interest, 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 d
Bristol Myers Squibb and Celgene Issue Notices of Redemption and Partial Redemption of Certain of Their Senior Notes at Make Whole Prices Seite 1 wallstreet-online.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wallstreet-online.de Daily Mail and Mail on Sunday newspapers.
Bristol-Myers Squibb Company issued a notice of redemption to The Bank of New York Mellon ), as trustee, to redeem all of Bristol Myers Squibb’s 4.000% Notes due 2023 originally issued on November 22, 2019, that remain outstanding after the early settlement of the previously announced tender offers and $42,250,000 principal amount of $932,101,000 principal amount of Bristol Myers Squibb’s outstanding 3.250% … Bristol-Myers Squibb Company (NYSE:BMY) (“Bristol Myers Squibb”) issued a notice of redemption to The Bank of New York Mellon (successor to The Chase Manhattan Bank (National Association)), as trustee, to redeem (i) all of Bristol Myers Squibb’s 4.000% Notes due 2023 (CUSIP/ISIN Nos. 110122DA3/110122BL1/U11009AL8), originally issued on November 22, 2019, that remain outstanding after the early settlement of the previously announced tender offers (the “BMS 4.000% Notes”) and (ii) $42,250,000 principal amount of $932,101,000 principal amount of Bristol Myers Squ