DST Systems, Inc. Announces Contingent Interest Period on Series B Convertible Senior Debentures Aug 22, 2008
Aug. 21 /PRNewswire-FirstCall/ -- DST Systems, Inc. (NYSE: ) (the "Company") announces that it will pay contingent interest for the period August 20, 2008 to February 14, 2009 in connection with $300 million aggregate principal amount of 3 ... The amount of contingent interest equals 0 ... As required by the terms and conditions of the debentures, the Company is issuing a press release for this contingent interest period, and will issue a press release on the interest payment date and in... (PR Newswire)
Weimar charged in corruption probe Aug 12, 2008
Weimar held a "contingent interest" in a private prison project worth $5. 5 million, but only if the project were completed, the charges say. (Anchorage Daily News)
Hercules Offshore Announces Pricing of $250 Million Convertible Senior Notes Due 2038 May 29, 2008
The company will also pay contingent interest during any six-month interest period commencing June 1, 2013, for which the trading price of the notes for a specified period of time equals or exceeds 120% of their accreted principal amount. The notes will be convertible under certain circumstances into shares of Hercules Offshore common stock at an initial conversion rate of 19. (PR Newswire)
CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3.75 Percent Convertible Senior Notes Due 2023 May 14, 2008
CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3 ... CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3 ... CenterPoint Energy also today announced that for the six-month period beginning May 15, 2008, the notes will, subject to the terms of the indenture under which they were issued, accrue contingent interest in the amount of $3. (Primezone Releases)
Railroad panel elects officers Mar 20, 2008
In other business, the CRC approved a contingent interest agreement with the NCDOT for a 55,000 grant to cover half the cost of improvements along the rail line. The CRC is scheduled to meet again April 2 at 1:30 p.m.. (Lenoir News Topic, NC)
AltaGas Utility Group Inc. Announces First Quarter 2007 Results and a Quarterly Dividend of $0.035 Per Share May 8, 2007
Utility Group is not party to any contractual arrangement under which an unconsolidated entity may have any obligation under certain guarantee contracts, a retained or contingent interest in assets transferred to an unconsolidated entity or similar arrangement that serves as credit, liquidity or market risk support to that entity for such assets. Utility Group has no obligation under derivative instruments, or a material variable interest in an unconsolidated entity that provides financing,... (CCNMatthews Press Releases)
Linear Technology Prices $1.7 Billion of Convertible Senior Notes Apr 19, 2007
Each series of notes will bear contingent interest under certain circumstances. Linear may redeem the 3. (PR Newswire)
Lawsuit Alleges That California Firm Engages in Longstanding Scheme to Defraud Seniors Out of Hundreds of Millions of Dollars in Life Insurance Coverage; Mar 15, 2007
The Note provides for ten percent interest per annum on the principal amount, plus any applicable contingent interest. The investment trustee determined that she wanted to maintain ownership of the Policy by refinancing the MCC loan through XE-R. In order to value the contingent interest for the purposes of making repayment, the Trust followed the procedures set forth in the Note ... Because the "fair market value" is less than the principal plus fixed interest, the Contingent Interest owing... (PR Newswire)
Beckman Coulter Prices $525 Million Convertible Senior Notes Dec 12, 2006
50 percent per annum and, under certain circumstances, beginning with the six-month period beginning December 15, 2012, contingent interest. The notes will be convertible, at the holder's option, at an initial conversion rate of 13. (PR Newswire)
EpiCept Reports Third Quarter 2006 Operating and Financial Results Nov 8, 2006
During the quarter, the Company reversed its accrual for contingent interest potentially due under one of its outstanding loan agreements after concluding that the conditions under which the contingent interest would be payable were unlikely to occur. The reversal amounted to $1. (PR Newswire)
CBIZ Announces Agreement to Sell $100 Million of Convertible Senior Subordinated Notes May 24, 2006
Commencing with the six-month period beginning June 6, 2011, the company also will pay contingent interest on the notes in certain circumstances and in amounts described in the offering memorandum. The Notes contain a net share settlement feature so that upon conversion, the company will deliver cash equal to the lesser of the aggregate principal amount of the Notes to be converted and the company's total conversion obligation, plus cash or shares of the company's common stock at the company's... (PR Newswire)
Greenbrier Closes Offering of $100 Million of Convertible Debt May 23, 2006
Commencing with the six-month period beginning May 15, 2013, Greenbrier also will pay contingent interest on the notes in certain circumstances. The notes will mature on May 15, 2026. (PR Newswire)
Greenbrier Announces $85 Million Convertible Senior Notes Offering May 16, 2006
The notes will pay interest semiannually, may bear contingent interest in certain circumstances and will be convertible upon the occurrence of specified events into cash and, in certain circumstances, shares of the company's common stock, at a conversion rate to be determined. The notes will be guaranteed by substantially all of the company's domestic subsidiaries. (PR Newswire)
Manor Care Prices $250 Million 2.0% Convertible Senior Note Offering May 12, 2006
Commencing with the six-month period beginning June 1, 2013, the notes may bear contingent interest in certain circumstances and in amounts described in the offering memorandum ... On or after June 1, 2013, Manor Care may unconditionally redeem any of the notes at a redemption price in cash equal to 100 percent of the principal amount of the notes, plus any accrued and unpaid interest (including any contingent interest or additional interest) to, but excluding, the redemption date ... On June 1,... (PR Newswire)
