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IDEX Corporation Closes Five Year $700 Million Senior Revolving Credit Facility
2015-06-24 13:43:41| Industrial Machines - Topix.net
The facility was financed through a syndication of 10 financial institutions, co-led by Bank of America, N.A., JP Morgan Chase, N.A., and Wells Fargo, N.A., with Mizuho Bank, Ltd., Barclays Bank plc, and U.S. Bank, N.A., acting as co-documentation agents. The new facility was timed to capitalize on current favorable market conditions and replace the company's existing $700 million credit facility, which was due to expire in June, 2016.
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Singtel prices US$500 million 10-year notes at 3.25%
2015-06-24 13:38:29| IT Services - Topix.net
Singapore Telecommunications announced on Tuesday that it has closed the order book for its US$500 million 10-year notes after they were 2.5 times oversubscribed, receiving an interest of approximately US$1.25 billion from investors. The Notes, which were issued by subsidiary Singtel Group Treasury , will carry a coupon of 3.25 per cent per annum and are drawn down under SGT's $10 billion Euro Medium Term Note Programme guaranteed by Singtel.
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notes
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singtel
Moberg Pharma to receive Eurostars grant of EUR 0.9 million
2015-06-24 11:48:21| Appliances - Topix.net
Moberg Pharma AB today announced that a grant of EUR 0.9 million in public funding has been approved by Eurostars for a project proposal related to late-stage development of Moberg Pharma's BUPI project. The Eurostars project "BUPI - a long-acting lozenge with bupivacaine for pain relief of Oral Mucositis in cancer patients" will be managed by Moberg Pharma and includes six external partners in Sweden and Denmark: Oracain ApS, TFS Trial Form Support ApS, Aarhus University Hospital, University Hospital Herlev, PCG Clinical Services AB and Skane University Hospital.
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Redknee to buy Orga Systems for EUR 38 million
2015-06-24 08:47:00| Telecompaper Headlines
(Telecompaper) Redknee Solutions announced it has reached a definitive agreement to acquire privately held Orga Systems for EUR 38 million cash. Orga's technology and expertise will enhance Redknee's real-time billing and subscriber management platforms for communication service providers and the Internet of Things, adding more than 45 customers in the communications, automotive, energy and railway industries and more than 500 employees across the world. Orga Systems generated 2014 revenue of around EUR 60 million, of which over 45 percent was recurring revenue. The acquisition will be funded through available cash on hand and is expected to close in the fourth quarter.
Alfa Laval Wins SEK 200 Million Offshore Pumping Systems Order From Statoil
2015-06-24 06:19:45| oilandgasonline Home Page
Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has won an order to supply its Framo pumping systems to several oil platforms in the North Sea.
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