Obbligazioni in dollari Keep Calm And Invest Preferred Shares Usa

  • Creatore Discussione Creatore Discussione Topgun1976
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  • Ashford Hospitality Trust (NYSE:AHT) shares climb ~27% in two sessions since the company disclosed an agreement will allow it to sell up to $40M of shares of common stock to Lincoln Park Capital Fund, a move that will help it stay afloat as the hotel and travel industry suffers from the pandemic.
  • In late trading on Wednesday, AHT was up 11% to $3.50.
  • The stock purchase agreement will effectively function like an at-the-market share sale program, albeit a "slightly more expensive one," Baird analyst Michael Bellisario points out in a note.
  • "Ashford Trust's liquidity position continues to deteriorate given its corporate-level cash burn profile, which is likely to continue for several more quarters, and the ability to issue common equity to LPC provides an additional financial backstop and liquidity bridge until fundamentals improve," Bellisario said.
 
HSBC Holdings plc (the 'Company', 'we' or 'us') announces a proposed offering (the 'Offering') of a series of US dollar-denominated perpetual subordinated contingent convertible securities (the 'Securities'), subject to market conditions.
Subject to the successful pricing of the Offering of the Securities (which is expected to occur on 10 December 2020, subject to market conditions), the Company intends to exercise its right to redeem all of its 1,450,000 6.20% Non-Cumulative Dollar Preference Shares, Series A (the 'Preference Shares') represented by American Depositary Shares, Series A (the 'ADSs') at a redemption price of US$1,000 per Preference Share and US$25 per ADS, plus accrued and unpaid dividends for the then-current dividend period to the redemption date. The Company intends to use the net proceeds from the sale of the Securities to redeem the Preference Shares and the ADSs, in accordance with the terms and conditions of the Preference Shares and the ADSs. Any of the net proceeds in excess of the redemption amount will be used for general corporate purposes and to further strengthen the Company's capital base pursuant to regulatory requirements.
The Company has retained HSBC Securities (USA) Inc. as Sole Structuring Adviser and Book-Running underwriter for the Offering.
 
China's world-beating economic rebound from the coronavirus pandemic is being blunted by a global shortage of shipping containers, sending cargo costs to record highs and hampering manufacturers in filling fast-recovering global goods orders.
RTRS
 
  • In its update to 2020 financial results guidance, MTBC
  • "We continue to expect record revenue and adjusted EBITDA results in Q4, exceeding our record-setting Q3 for these metrics. However, we are moderating our full-year outlook slightly," CEO Stephen Snyder commented.
  • "..we believe that we remain on track to exit 2020 with annualized revenue of ~$130M and annualized adjusted EBITDA of ~$24M," CFO Bill Korn commented.
  • For FY20, revenues are seen in the range of $104 to $106M, indicating Y/Y growth of ~61% to 64%; adj. EBITDA to be $10 to $12M indicating growth of 23% to 48%.
  • The long-term outlook remains unchanged.
 

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