good natured Products Inc. Announces Redemption of Convertible Debentures & Final Closing of Private Placement | 2020-10-01 | Press Releases

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VANCOUVER, BC , Oct.1, 2020 /CNW/ – good natured Products Inc. (the “Company” or ” good natured ® “) (TSX-V: GDNP), a North American leader in plant-based product and packaging, today announced that the Company has redeemed all remaining convertible debentures due February 28, 2022 (the “Debentures”). Payment of $1,218,000 (inclusive of interest and principal) was issued at a redemption price of $1,050 per $1,000 principal amount of the Debentures, which included unpaid interest accrued since August 2020 .

good natured better everyday products made from plants, not petroleum (CNW Group/Good Natured Products)

The Company also announced the final closing (the “Final Tranche”) of its brokered private placement (the “Offering”) announced on July 8, 2020 , and a non-brokered for gross proceeds of $218,510.60 . Total aggregate proceeds from the first tranche (the “First Tranche”) and the final tranche (the “Final Tranche”) equaled $3,339,201.00 .

In the Final Tranche,

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Toyoda Gosei Gets Final OK On $44.8M Auto Part MDL Deal

Law360 (September 30, 2020, 6:46 PM EDT) — Toyoda Gosei will be walking away from a suit accusing it of conspiring to fix the price of certain auto parts $44.8 million lighter after a Michigan federal judge gave a set of settlements his final blessing.

U.S. District Judge Sean F. Cox signed off on the six settlements for the last time Tuesday, more than two years after the deals first landed on his docket.

In doing so, the court effectively ended the claims laid against Toyoda Gosei by a proposed class of end payors accusing the Japan-based company and a slew of its subsidiaries of fixing prices on brake…

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What Was the Final US-Market Car to Get a 3-Speed Automatic Transmission?

Now that we’re up to ten forward speeds in ordinary street automatic transmissions, the idea of a three-speed automatic seems amusingly antiquated. The good old three-speed slushbox was a mainstay of the transmission world for many decades, however (the photo above shows me about to load a three-speed, junkyard-harvested GM Turbo-Hydramatic 350 into my Honda CRX, circa 1998), and it remained an option for car shoppers here until our current century.



a man sitting in a car posing for the camera: In the thick of a gear-count arms race, it's hard to imagine a mere three forward speeds.


© Murilee Martin
In the thick of a gear-count arms race, it’s hard to imagine a mere three forward speeds.



a graffiti covered wall: Junkyard transmission photographed with vintage film camera


© Murilee Martin
Junkyard transmission photographed with vintage film camera

The very first truly successful automatic car transmission actually had four forward speeds, becoming available starting with the 1940 Oldsmobile. The original Hydramatic proved very reliable, and still shines on a road-racing course today. GM also scored a smash hit with the two-speed Powerglide automatic during the 1950s

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Colony Capital Announces Final Results of Tender Offer for Outstanding 3.875% Convertible Senior Notes Due 2021

Colony Capital, Inc. (the “Company”) today announced the expiration and final results of the Company’s previously announced cash tender offer (the “Offer”) for any and all of its outstanding 3.875% Convertible Senior Notes due 2021 (the “Convertible Notes”).

The Offer expired at 12:00 midnight, New York City time, at the end of September 24, 2020. As of the expiration of the Offer, $81,309,000 aggregate principal amount of the Convertible Notes, representing approximately 72% of the total Convertible Notes outstanding, were validly tendered (and not validly withdrawn) pursuant to the Offer. The Company has accepted for purchase all Convertible Notes that were validly tendered (and not validly withdrawn) pursuant to the Offer at the expiration of the Offer at a purchase price equal to $1,000 per $1,000 principal amount of Convertible Notes, plus accrued and unpaid interest.

The Company expects to pay approximately $81.9 million for the purchase of the Convertible

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