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Level 3 Completes Offering of $900 Million Aggregate Principal Amount of Senior Notes due 2024
2015-11-14 05:57:14| Telecom - Topix.net
Level 3 Financing's obligations under the Notes will be fully and unconditionally guaranteed on an unsecured basis by Level 3 Communications, Inc. The net proceeds from the offering, together with cash on hand, will be used to redeem all of Level 3 Financing's outstanding 8.625% Senior Notes due 2020 , including accrued interest, applicable premiums and expenses. Today, an irrevocable notice of redemption was distributed to holders of Level 3 Financing's 8.625% Senior Notes.
VW fined $13 million by the Brazil regulator for emissions fraud
2015-11-13 15:05:03| Automakers - Topix.net
The Brazilian Institute of Environment and Renewable Natural Resources said it would fine Volkswagen for defrauding local emissions testing requirements. In total, 17,057 diesel-powered Amaroks have been affected.
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Alliant Energy to donate $2 million to assist limited-income families with heating costs
2015-11-13 14:49:47| Energy - Topix.net
Alliant Energy announced it is again making a donation of $2 million to its Hometown Care Energy Fund, which helps income-eligible customers across Alliant Energy's service area with heating costs. "Our cold Midwest winters place an additional burden on limited-income families.
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Fossil to buy fitness band maker Misfit for $260 million
2015-11-12 23:47:40| Jewelry - Topix.net
Fossil Group on Thursday said it plans to acquire Misfit, a wearable-tech startup focused on fitness trackers, for $260 million. The deal weds Fossil's fashion and watch-making know-how with Misfit's technology, and underscores the growing importance of wearable products.
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20-room mansion in Quebec fetches $13.25 million, Royal LePage says
2015-11-12 19:49:22| Real Estate - Topix.net
Royal LePage says one of its brokers has sold the most expensive property recorded on the Multiple Listing Service in Quebec - a 20-room, stone-sided mansion that fetched $13.25 million. The realtor says the house in the province's Estrie region is situated on a more than 280,000 square-foot property, surrounded by lake and mountain views.
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