CyberArk prices upsized $1.1B offering of convertible senior notes due 2030
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Yahoo
2 hours ago
- Yahoo
OHI Group S.A. Announces Consent Solicitation Relating to its U.S.$400,000,000 13.000% Senior Secured Amortizing Notes due 2029 Regulation S Notes: CUSIP L7S61M AB5, ISIN USL7S61MAB59 Rule 144A Notes: CUSIP 67712M AB5, ISIN US67712MAB54
(the "Notes") LUXEMBOURG, July 17, 2025 /PRNewswire/ -- OHI Group S.A. (the "Issuer") announced today that it launched a solicitation (the "Solicitation") for consents (the "Consents") from holders of the Notes (the "Holders") to approve certain amendments and waivers to the indenture dated July 22, 2024 relating to the Notes (as amended or supplemented from time to time, the "Indenture") to (a) provide for a mandatory redemption of $20.0 million aggregate principal amount of Notes at a price of 105%, of the aggregate principal amount of such Notes, plus accrued and unpaid interest and Additional Amounts, if any, to be paid within five (5) Business Days of the Effective Time and (b) permit the Issuer to retain and utilize the remaining $20.0 million of Unutilized Fleet Expansion Proceeds for general corporate purposes without the need to provide any additional security, (ii) waive any Defaults or Events of Default under the Indenture arising as a result of the current Fleet Expansion Mandatory Redemption provisions of the Indenture, and (iii) make any ancillary amendments to the Indenture required to effect the foregoing amendments and waivers (collectively, the "Proposed Amendments and Proposed Waivers"). Adoption of the Proposed Amendments and Proposed Waivers under the Indenture requires the Consents of the Holders of a majority of the aggregate principal amount of the Notes then outstanding (such consents, the "Required Consents"). A Consent may be validly revoked by a Holder at any time prior to, but not on or after, the Effective Time (as defined below) and will automatically terminate and not be effective if the Required Consents are not obtained on or prior to the Expiration Time (as defined below). Assuming the Issuer receives the Required Consents, each present and future Holder will be bound by the Proposed Amendments and Proposed Waivers to the Indenture once they become operative, whether or not such Holder delivered a Consent. The Issuer expects that, promptly after receipt of the Required Consents on or prior to the Expiration Time, it will give notice to BNY Mellon Corporate Trustee Services Limited as trustee under the Indenture (the "Trustee") that the Required Consents have been received (such time, the "Effective Time"), and the Issuer and the Trustee will execute a supplemental indenture to the Indenture, at a convenient time as soon as practicable thereafter. Holders should note that the Effective Time may fall prior to the Expiration Time, and, if so, Holders may not be given prior notice of such Effective Time. The Solicitation will expire at 5:00 p.m., New York time, on July 22, 2025 (such date and time, as the Issuer may extend from time to time in its sole discretion, the "Expiration Time"). The Solicitation is being made solely on the terms and subject to the conditions set forth in the Issuer's consent solicitation statement in respect of the Notes, dated as of July 16, 2025 (the "Consent Solicitation Statement"). The Issuer may, in its sole discretion, terminate, extend or amend the Solicitation at any time as described in the Consent Solicitation Statement. Copies of the Consent Solicitation Statement may be obtained from Kroll Issuer Services Limited, the information and tabulation agent in connection with the Solicitation (the "Information and Tabulation Agent"), at ohigroup@ (Attn: Arlind Bytyqi) or +44 20 7704 0880. Holders of the Notes are urged to review the Consent Solicitation Statement for the detailed terms of the Solicitation and the procedures for consenting to the Proposed Amendments and Proposed Waivers. Holders may also contact Morgan Stanley & Co. LLC, the solicitation agent, in connection with the Solicitation (the "Solicitation Agent") at lmny@ (Attn: Global Debt Advisory Group) or +1 212-761-1057 or +1 800-624-1808. This announcement is for information purposes only and does not constitute an offer to purchase Notes, a solicitation of an offer to sell Notes or a solicitation of consents of Holders and shall not be deemed to be an offer to purchase, a solicitation of an offer to sell or a solicitation of consents with respect to any securities of the Issuer or its affiliates. None of the Issuer, the Trustee, the Information and Tabulation Agent, the Solicitation Agent or any other person makes any recommendation as to whether or not Holders should deliver Consents. Each Holder must make its own decision as to whether or not to deliver Consents. Forward Looking Statements This release may contain forward-looking statements that involve substantial risks and uncertainties. All statements other than statements of historical facts included in this release including, without limitation, statements regarding OHI Group S.A.'s future financial position, risks and uncertainties related to its business, strategy, capital expenditures, projected costs and OHI Group S.A.'s plans and objectives for future operations, may be deemed to be forward-looking statements. Words such as "believe," "expect," "anticipate," "may," "assume," "plan," "intend," "will," "should," "estimate," "risk," and similar expressions or the negatives of these expressions are intended to identify forward-looking statements. By their nature, forward-looking statements involve known and unknown risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Forward-looking statements are not guarantees of future performance. You should not place undue reliance on these forward-looking statements. OHI Group S.A. does not assume any obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Cautionary Statement Under no circumstances shall the Consent Solicitation Statement constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for the Notes in any jurisdiction. The Solicitation shall not be considered an "offer of securities to the public," or give rise to or require a prospectus in a European Economic Area member state or in the United Kingdom pursuant to Regulation (EU) 2017/1129 (as amended). The Solicitation is not being made to, and no consents are being solicited from, holders or beneficial owners of the Notes in any jurisdiction in which it is unlawful to make such consent solicitation or grant such consents. However, the Issuer may, in its sole discretion and in compliance with any applicable laws, take such actions as it may deem necessary to solicit consents in any jurisdiction and may extend the consent solicitation to, and solicit consents from, persons in such jurisdiction. The communication of the Consent Solicitation Statement and any other documents or materials relating to the Consents (as defined in the Consent Solicitation Statement) is not being made, and such documents and/or materials have not been approved, by an authorised person for the purposes of section 21 of the Financial Services and Markets Act 2000 (the "FSMA"). Accordingly, the Consent Solicitation Statement is not being distributed to, and must not be passed on to, the general public in the United Kingdom. Rather, the communication of the Consent Solicitation Statement as a financial promotion is being made to, and is directed only at: (a) those persons in the United Kingdom falling within the definition of Investment Professionals (contained in Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order")) or within Article 43 of the Order, or other persons to whom it may lawfully be communicated in accordance with the Order; or (b) persons outside the United Kingdom. The Consent Solicitation Statement is directed only at relevant persons and must not be acted on or relied on by persons who are not relevant persons. Any investment or investment activity to which the Consent Solicitation Statement relates is available only to relevant persons and will be engaged in only with relevant persons. The making of the consent solicitation may be restricted by laws and regulations in some jurisdictions. Persons into whose possession the Consent Solicitation Statement comes must inform themselves about and observe these restrictions. This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell, or a solicitation of an offer to buy or subscribe for, any securities in the United States of America or in any other jurisdiction. For further information, please contact: The Information and Tabulation Agent: Kroll Issuer Services LimitedTel: +44 20 7704 0880E-mail: ohigroup@ Arlind BytyqiConsent Website: The Solicitation Agent Morgan Stanley & Co. LLC585 BroadwayNew York, New York 10036Attention: Global Debt Advisory GroupPhone: +1 212-761-1057 or +1 800-624-1808E-mail: lmny@ View original content: SOURCE OHI Group S.A. Sign in to access your portfolio
Business Upturn
4 hours ago
- Business Upturn
AI Maverick Launches Enhanced Prospecting Platform to Deliver Human-Like Outreach—No SDR Team Required
NEW YORK, July 17, 2025 (GLOBE NEWSWIRE) — via IBN — AI Maverick Intel, Inc. (OTCID: BINP) ('AI Maverick' or the 'Company') today announces the full rollout of its next-generation prospecting engine—enabling revenue teams to research, engage, and qualify prospects at scale without the need for additional headcount. Key Capabilities Comprehensive contact intelligence – Millions of structured and unstructured data points are aggregated into unified profiles, surfacing job changes, buying signals, and personal preferences in real time. – Millions of structured and unstructured data points are aggregated into unified profiles, surfacing job changes, buying signals, and personal preferences in real time. Context-aware communication – Adaptive language models determine the optimal channel, timing, and tone for each message, enabling the platform to support both transactional and consultative sales processes. 'This release moves AI Maverick beyond simple lead generation,' said Wayne Cockburn, CEO of AI Maverick. 'By managing discovery questions, objections, and next-step scheduling, the platform now addresses the consultative side of selling—functions traditionally handled by experienced reps. In industries like insurance or transportation, where meaningful conversations are critical, automating those initial interactions can accelerate deal flow and reduce customer acquisition costs.' Why It Matters Replicating human-quality conversations at scale opens the door to fully automated sales funnels. AI Maverick enables companies to streamline both: Transactional sales – Quotes, renewals, and re-orders managed end-to-end by the platform. – Quotes, renewals, and re-orders managed end-to-end by the platform. Consultative sales – Needs analysis, solution-fit discussions, and personalized recommendations delivered via AI-driven, multi-step dialogues. Availability The enhanced prospecting engine is available to all AI Maverick customers beginning today. Typical deployment is completed in under one business day. For demos, pricing, or partnership inquiries, contact [email protected] or visit About AI Maverick Intel, Inc. AI Maverick Intel, Inc. is a growth-focused artificial intelligence company acquiring and optimizing revenue-generating businesses through its proprietary AI Maverick platform. The Company enables intelligent, two-way engagement across healthcare, biotech, insurance, transportation and other verticals, delivering long-term value through innovation, efficiency, and strategic partnerships. Forward-Looking Statements This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward-looking statements are not guarantees of future performance and are based on current expectations, estimates, and projections. Words such as 'may,' 'will,' 'expect,' 'believe,' 'anticipate,' 'intend,' 'plan,' 'continue,' and similar expressions identify such forward-looking statements. These statements involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied. These include, but are not limited to, general economic conditions, competitive dynamics, regulatory changes, the Company's ability to secure funding, and the success of product development and commercialization initiatives. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to update or revise them except as required by law. Stay Connected Website | | OTC: BINP | X: @AIMaverickIntel Media ContactWayne Cockburn, CEO(905) 505‑0770 Email: [email protected]
Yahoo
16 hours ago
- Yahoo
OFS Capital Corporation Prices Public Offering of $60,000,000 7.50% Notes Due 2028
CHICAGO, July 16, 2025--(BUSINESS WIRE)--OFS Capital Corporation (the "Company" or "OFS Capital") (Nasdaq: OFS) announced today that it has priced a registered public offering of $60,000,000 aggregate principal amount of its 7.50% notes due 2028 (the "Notes") which will result in net proceeds to the Company of approximately $58,500,000 (or approximately $67,320,000 if the underwriters fully exercise the overallotment option described below) based on a public offering price of 100% of the aggregate principal amount of the Notes, after deducting payment of underwriting discounts and commissions and estimated offering expenses of $300,000 payable by the Company. The Notes will mature on July 31, 2028 and may be redeemed in whole or in part at any time, or from time to time, at the Company's option on or after July 31, 2026. The Notes will bear interest at a rate of 7.50% per year, payable quarterly on January 31, April 30, July 31, and October 31 of each year, beginning on October 31, 2025. The Company has also granted the underwriters a 30-day option to purchase an additional $9,000,000 aggregate principal amount of Notes to cover overallotments, if any. The offering is subject to customary closing conditions and is expected to close on July 23, 2025. The Company has submitted an application for the Notes to be listed and trade on The Nasdaq Global Select Market under the trading symbol "OFSSO". If approved for listing, the Company expects the Notes to begin trading within 30 days from the original issue date. The Company intends to use the net proceeds from this offering to partially redeem its 4.75% Notes due 2026, which mature on February 10, 2026. As of July 14, 2025, the Company had approximately $125.0 million aggregate principal amount outstanding of its 4.75% Notes due 2026. On July 11, 2025, the Company issued notices to the holders of the 4.75% Notes due 2026 regarding the exercise of its option to redeem a portion of the issued and outstanding amount of such notes. On August 11, 2025, the Company will redeem $25.0 million in aggregate principal amount of its 4.75% Notes due 2026, plus accrued interest and any required make-whole premium payment. Lucid Capital Markets, LLC and Goldman Sachs & Co. LLC are acting as joint book-running managers of this offering. Investors are advised to carefully consider the investment objective, risks and charges and expenses of the Company before investing. The preliminary prospectus supplement, dated July 16, 2025, and accompanying prospectus, dated May 29, 2024, each of which has been filed with the Securities and Exchange Commission, contain a description of these matters and other important information about the Company and should be read carefully before investing. The information in the preliminary prospectus supplement, the accompanying prospectus and this press release is not complete and may be changed. This press release does not constitute an offer to sell or the solicitation of an offer to buy the securities in this offering or any other securities nor will there be any sale of these securities or any other securities referred to in this press release in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of such state or jurisdiction. A shelf registration statement relating to these securities is on file with, and has been declared effective by, the SEC. Before you invest, you should read the Preliminary Prospectus, the accompanying prospectus, and other documents the Company has filed with the SEC for more complete information about the Company and this offering. You may obtain these documents for free by visiting EDGAR on the SEC web site at Alternatively, the Company, any underwriter or any dealer participating in the offering will arrange to send you the Preliminary Prospectus and the accompanying prospectus if you request it from Lucid Capital Markets, LLC, 570 Lexington Ave, 40th Floor, New York, New York 10022 or Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, New York 10282, email: Prospectus-ny@ tel: 1-866-471-2526. About OFS Capital Corporation OFS Capital Corporation is an externally managed, closed-end, non-diversified management investment company that has elected to be regulated as a business development company. OFS Capital's investment objective is to provide stockholders with both current income and capital appreciation primarily through debt investments and, to a lesser extent, equity investments. OFS Capital invests primarily in privately held middle-market companies in the United States, including lower-middle-market companies, targeting investments of $3 million to $20 million in companies with annual EBITDA between $5 million and $50 million. OFS Capital offers flexible solutions through a variety of asset classes including senior secured loans, which includes first-lien, second-lien and unitranche loans, as well as subordinated loans and, to a lesser extent, warrants and other equity securities. OFS Capital's investment activities are managed by OFS Capital Management, LLC, an investment adviser registered under the Investment Advisers Act of 19401, as amended, and headquartered in Chicago, Illinois, with additional offices in New York and Los Angeles. FORWARD-LOOKING STATEMENTS This press release may contain forward-looking statements that involve substantial risks and uncertainties, including the future operating results of OFS Capital. Forward-looking statements can be identified by terminology such as "anticipate," "believe," "could," "could increase the likelihood," "estimate," "expect," "intend," "is planned," "may," "should," "will," "will enable," "would be expected," "look forward," "may provide," "would" or similar terms, variations of such terms or the negative of those terms. Such forward-looking statements involve known and unknown risks, uncertainties and other factors including those risks, uncertainties and factors referred to in OFS Capital's Annual Report on Form 10-K for the year ended December 31, 2024 filed with the Securities and Exchange Commission under the section "Risk Factors," and in "Part II, Item 1A. Risk Factors" in OFS Capital's Quarterly Report on Form 10-Q for the quarter ended March 31, 2025, as well as other documents that may be filed by OFS Capital from time to time with the Securities and Exchange Commission. As a result of such risks, uncertainties and factors, actual results may differ materially from any future results, performance or achievements discussed in or implied by the forward-looking statements contained herein. OFS Capital is providing the information in this press release as of this date and assumes no obligations to update the information included in this press release or revise any forward-looking statements, whether as a result of new information, future events or otherwise. 1 Registration does not imply a certain level of skill or training OFS® and OFS Capital® are registered trademarks of Orchard First Source Asset Management, Capital Management™ is a trademark of Orchard First Source Asset Management, LLC. View source version on Contacts INVESTOR RELATIONS CONTACT: Steve Altebrando847-734-2084investorrelations@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
