Sale of Ekati mine to Arctic Canadian Diamond closes February 4, 2021
Regions
Dominion Diamond‘s sale of Canada’s first diamond mine, Ekati, to
Arctic Canadian Diamond Company has been completed. Full operations at the site, which had been placed on care and maintenance at the beginning of the pandemic last March, resumed on Jan. 20 after a 10-week restart that began in November.
A “full recall” of employees is expected to be complete by Feb. 25.
Arctic Canadian is owned by DDJ Capital Management, Brigade Capital Management, LP and Western Asset Management Company, LLC. In a sale that was approved in December, the company acquired the asset in return for assuming US$70 million of Dominion’s outstanding indebtedness under its existing revolving credit agreement, as well as the reclamation obligations for Ekati.
Statement of the Ad Hoc Bondholder Group of the Province of Cordoba in Support of Amended Consent Solicitation
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NEW YORK, Jan. 12, 2021 /PRNewswire/ Following the conclusion of sustained and constructive negotiations with representatives of the Province of Cordoba (the Province ), the Ad Hoc Bondholder Group of the Province of Cordoba (the Group ) confirms its support for the terms of the amended consent solicitation relating to the Province s outstanding international bonds published today.
The restructuring terms adequately respect the contractual terms of the Province s bonds while providing the Province with near-term cash flow relief to help the authorities address the challenges created by COVID 19. The Province has historically been a reliable issuer in the international capital markets and its responsible approach towards debt management has been rewarded with favorable borrowing costs and market access. The Grou
[December 30, 2020]
Western Asset Inflation-linked Income Fund Announces Final Results of Issuer Tender Offer for Common Shares
Western Asset Inflation-Linked Income Fund (NYSE: WIA) (the Fund ) announced today the final results for its issuer tender offer for up to 20% of the outstanding common shares ( Shares ) of the Fund at a price equal to 99% of the Fund s net asset value per Share as determined as of the close of the regular trading session of the New York Stock Exchange on December 29, 2020. The Fund s offer expired on Monday, December 28, 2020 at 5:00 p.m., New York City time.
A total of 20,871,974 Shares were duly tendered and not withdrawn. Because the number of Shares tendered exceeds 5,830,564 Shares, the tender offer is oversubscribed. Therefore, in accordance with the terms and conditions specified in the tender offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, disregarding fractions. Accordingly, on a pro rata basis, approx
[December 29, 2020]
Western Asset Inflation-Linked Income Fund Announces Preliminary Results of Issuer Tender Offer for Common Shares
Western Asset Inflation-Linked Income Fund (NYSE: WIA) (the Fund ) announced today the expiration and preliminary results for its issuer tender offer for up to 20% of the outstanding common shares ( Shares ) of the Fund. The Fund s tender offer expired on Monday, December 28, 2020 at 5:00 p.m., New York City time.
Based on current information, approximately 20,871,974 Shares were duly tendered and not withdrawn. Because the number of Shares tendered exceeds 5,830,564 Shares, the tender offer has been oversubscribed. Therefore, in accordance with the terms and conditions specified in the tender offer, the Fund will purchase Shares from all tendering shareholders on a pro rata basis, disregarding fractions. The purchase price and final number of Shares validly tendered and accepted pursuant to the tender offer will be announced at a later date. The
Western Asset Mortgage Capital Corporation : Declares Fourth Quarter Dividend of $0 06 Per Share marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.