Chesapeake Energy Corporation Announces Early Results and Early Settlement Date for Cash Tender Offers for Senior Notes and Senior Secured Second Lien Notes
01 01 1970
All terms and conditions of the Tender Offers remain unchanged as set forth in the Offer to Purchase dated September 27, 2017 (the "Offer to Purchase") and the related Letter of Transmittal, and capitalized terms used but not defined herein shall have the meaning ascribed to them in the Offer to Purchase.
The following table sets forth the aggregate principal amounts of each series of Notes that were tendered and not withdrawn on or prior to 5:00 p.m., New York City time, on October 11, 2017 (the "Early Tender Date"), and the aggregate principal amount of Notes expected to be accepted for purchase on the Early Settlement Date:
Series of Notes
Aggregate Principal Amount Outstanding Prior to Tender Offers
Aggregate Principal Amount of Notes Tendered(1)
Expected Aggregate Principal Amount of Notes...
Chesapeake Energy Corporation Announces Cash Tender Offers for up to $550,000,000 Aggregate Purchase Price of Senior Notes and Senior Secured Second Lien Notes
01 01 1970
No more than $350,000,000 aggregate purchase price, exclusive of accrued interest (the "Priority 1 Tender Cap"), of 8.00% Senior Secured Second Lien Notes due 2022 (the "Priority 1 Notes"), no more than $200,000,000 aggregate purchase price, exclusive of accrued interest (the "Priority 2 Tender Cap"), of 6.625% Senior Notes due 2020 and 6.875% Senior Notes due 2020 (the "Priority 2 Notes"), and no more than $200,000,000 less the aggregate purchase price, exclusive of accrued interest, of the Priority 2 Notes validly tendered and accepted for purchase (the "Priority 3 Tender Cap" and, together with the Priority 1 Tender Cap and Priority 2 Tender Cap, the "Tender Caps" and each individually, a "Tender Cap"), of 6.125% Senior Notes due 2021 and 5.375% Senior Notes due 2021 (the "Priority 3 Notes"), will be purchased in the Tender Offers. The terms and conditions of the Tender Offers are described in an Offer to Purchase dated September 27, 2017 (the "Offer to Purchase") and the related Letter...
CenterPoint Energy submits proposal to enhance and build electric transmission facilities to serve the growing petrochemical industry along the Texas Gulf Coast
01 01 1970
HOUSTON, April 3, 2017 -- CenterPoint Energy, Inc.'s (NYSE: CNP) electric utility submitted a proposal to the Electric Reliability Council of Texas (ERCOT) requesting its endorsement for CenterPoint to enhance existing, and construct new, electric transmission infrastructure. This project would meet the unprecedented load growth of the petrochemical industry in the Freeport, Texas area. This growth includes new committed load expected to total approximately 1,340 megawatts, which is planned to go into service at varying stages between 2017 and 2019. The company expects to have the proposed enhancements complete by summer 2019 and the proposed new line is anticipated to be in service in 2021.
The approximately $250 million transmission project includes enhancements to two existing substations and construction of a new 345 kilovolt double-circuit transmission line. Capital expenditures for the project would be incremental to the five-year capital plan as disclosed in the 2016...
CenterPoint Energy reports first quarter 2017 earnings of $0.44 per diluted share; $0.37 per diluted share on a guidance basis
01 01 1970
HOUSTON, May 5, 2017 --
Company reiterates 2017 EPS guidance of $1.25 - $1.33 as decoupling and weather normalization adjustments help mitigate impact of an extremely warm winter
Potential $250 million increase to the 5-year capital plan with Freeport, Texas electric transmission expansion proposal submitted to ERCOT to serve growing petrochemical industryÂ Â
CenterPoint Energy, Inc. (NYSE: CNP) today reported net income of $192 million, or $0.44 per diluted share, for the first quarter of 2017, compared with $154 million, or $0.36 per diluted share for the same period of the prior year. On a guidance basis, first quarter 2017 earnings were $0.37 per diluted share, consisting of $0.27 from utility operations and $0.10 from midstream investments. First quarter 2016 earnings on a guidance basis were $0.32 per diluted share, consisting of $0.23 from utility operations and $0.09 from midstream investments.Â
Operating income for the first quarter of 2017...
CenterPoint Energy donates $1.25 million to assist Hurricane Harvey recovery and relief efforts
01 01 1970
"Our thoughts are with everyone impacted by this unprecedented catastrophe," said Scott Prochazka, president and chief executive officer of CenterPoint Energy. "CenterPoint Energy has been a part of these communities for more than 150 years. The safety and well-being of our communities and employees impacted by Hurricane Harvey remain our top priorities."
CenterPoint Energy is also donating $300,000 to support employees across its service territory significantly impacted by the storm. The company has also established an employee assistance fund, CenterPoint Energy Employees 1st Fund, to collect employee donations and match them up to a total of $200,000. "We take pride in lending a helping hand to those in need, which is a core part of our culture," added Prochazka.
In addition to the charitable contributions, employee volunteerism is an important part of CenterPoint...
CenterPoint Energy declares $0.2675 quarterly dividend
01 01 1970
CenterPoint Energy, Inc., headquartered in Houston, Texas, is a domestic energy delivery company that includes electric transmission & distribution, natural gas distribution and energy services operations. The company serves more than five million metered customers primarily in Arkansas, Louisiana, Minnesota, Mississippi, Oklahoma, and Texas. The company also owns 54.1 percent of the common units representing limited partner interests in Enable Midstream Partners, a publicly traded master limited partnership it jointly controls with OGE Energy Corp., which owns, operates and develops natural gas and crude oil infrastructure assets. With more than 7,700 employees, CenterPoint Energy and its predecessor companies have been in business for more than 150 years. For more information, please visit www.CenterPointEnergy.com.
For more information contactMedia:Leticia LowePhone 713.207.7702Investors:Dave...
CELSIUSÂ® Wins Zenith Global's Innobev Award as Best Functional Drink
01 01 1970
BOCA RATON, Fla., May 9, 2017 --Â Celsius Holdings, Inc., (OTCQX: CELH), the maker ofÂ CELSIUSÂ®,Â a leading fitness drink designed for the active lifestyle, today announced the CELSIUS was named Best Functional Drink at the recent 13thInnobev Global Beverage Congress organized by Zenith Global and held in Frankfurt, Germany.
More than 100 entries from around the world, in 18 categories, demonstrating creativity, innovation, marketing and sustainability, participated in this year's awards.
"CELSIUSÂ was a worthy winner amongst a range of outstanding entries. The functional category is attracting ever greater interest as consumers seek their own solutions to enhance their well-being through longer, active life," commented Zenith's Global Chairman, Richard Hall.
The panel of judges was impressed with Celsius Holdings' innovation in its' CELSIUS beverage product line and shared the following observations:
Celebrating 40 Years of Tire & Auto Repair by Re-branding!
01 01 1970
40 awesome years! What is certain is that you get 10 minutes to eat your birthday cake, then you get back to work, because the competition is getting smarter.
TULSA, OKLAHOMA, UNITED STATES, October 5, 2017 () -- 40 years of Automotive SuccessYou would think I could say it gets easier, but the truth is, the internet made it much easier for a "dark horse tire & auto repair shop" to compete with large established brands. So every decade it feels like, if we aren't reinventing ourselves, then we're falling behind the industry.Tire & Auto RepairFor the first 40 years of our tire repair shop, we were the sole wholesale distributor of Hercules tires in this region. We had no need to compete for auto repair, because, customers would come in, buy Hercules tires and we would service their vehicles. AS the Hercules sole wholesaler, auto repair, was a cherry on top.When we sold our exclusivity to wholesale Hercules tires, we then were strictly a retail shop competing for auto repair....
CEC Entertainment, Inc. Reports Financial Results for the 2017 First Quarter
01 01 1970
IRVING, Texas, MayÂ 8, 2017 --Â CEC Entertainment, Inc. (the "Company") today announced financial results for its first quarter ended AprilÂ 2, 2017.
Company reports net income of $17.2 million compared to $17.9 million in the first quarter of 2016. Adjusted EBITDA(1) increased 1.3% to $83.5 millionÂ over the first quarter of 2016
IRS tax refund delays drove a decrease in first quarter comparable venue sales for our Chuck E. Cheese's and Peter Piper Pizza venues of 2.8%
PlayPass system deployed in 355 venues as of AprilÂ 2, 2017
One new company-operated Peter Piper Pizza venue and three new international Chuck E. Cheese's franchise venues opened in the first quarter of 2017
"I'm proud that we were able to increase Adjusted EBITDA to $83.5 million in the first quarter of 2017 in spite of the revenue challenges we faced caused by delays in IRS tax refunds in February," said Tom Leverton, Chief Executive Officer.Â ...
Carolynne Whitefeather is recognized by Continental Who's Who
01 01 1970
MILLS, N.Y., Sept. 12, 2017 -- Carolynne Whitefeather is recognized by Continental Who's Who as a Pinnacle Lifetime Member in the Education Through Fine Arts.
Whitefeather's former professional title is Gallery Directory and Artist in Residence at Barrett Art Gallery in Utica, New York. She is the developer and provider of fine arts and cultural exhibits engaging students across the majors for design, production and hosting of exhibits. Whitefeather also brings over 15 years of experience running and maintaining art galleries to her role.
Due to the rigors of the gallery exhibits, Whitefeather has recently retired from this role, but recalls why she excelled at while in the position. "I am very dedicated to whatever my project is," Whitefeather said. "I am always on time and perfect order, a characteristic which makes me a great mentor and teacher....
Live Traffic in Tulsa, OK