Royal Caribbean Group announces pricing of $500 million senior convertible notes offering

MIAMI, Oct. 13, 2020 /PRNewswire/ — Royal Caribbean Group (NYSE: RCL) (the “Company”) today announced that it has priced its previously announced private offering of $500 million aggregate principal amount of 2.875% Convertible Senior Notes due 2023 (the “Convertible Notes”). In connection with the offering of the Convertible Notes, the Company granted certain of the initial purchasers of the Convertible Notes a 13-day option to purchase up to an additional $75 million aggregate principal amount of the Convertible Notes. The offering is expected to close on October 16, 2020, subject to customary closing conditions. The Company expects to use a portion of the net proceeds from the offering to repay its 2.650% Senior Notes due 2020, with the remainder to be used for general corporate purposes.

The Convertible Notes will mature on November 15, 2023, unless earlier converted, redeemed pursuant to a tax redemption or repurchased. The initial conversion rate

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Innovative Technologies Group, Inc. Announces 506(C) Private Placement of up to $1,100,000 of Unsecured Convertible Notes – Press Release

JACKSONVILLE, FL / ACCESSWIRE / October 13, 2020 / Innovative Technologies Group, Inc. (the “Company” or “ITG”), a privately-held, growth-oriented technology company that plans to utilize its proprietary adaption of a proven processing technology used across many industries to process raw hemp oil (crude) to THC free distillate (CTD) at a lower cost and without the use of solvents, today announced that it is offering for sale up to a maximum of One Million One Hundred Thousand ($1,100,000) original principal value of one series of Unsecured Convertible Promissory Notes (the “Convertible Notes”) to accredited investors pursuant to Rule 506(c) promulgated under Regulation D of the Securities Act of 1933, as amended (the “Securities Act”) and/or other applicable exemptions from registration under the Securities Act and applicable state law (the “Offering”).

The Company is offering Convertible Notes that bear simple interest at the rate of 11.67% per annum on the outstanding

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Royal Caribbean Group announces proposed offering of senior convertible notes

MIAMI, Oct. 13, 2020 /PRNewswire/ — Royal Caribbean Group (NYSE: RCL) (the “Company”) today announced that it has commenced a private offering of senior convertible notes to be issued by the Company due 2023 (the “Convertible Notes”) for an aggregate principal amount of up to $500 million. In addition, the Company intends to grant the initial purchasers an option to purchase up to an additional $75 million principal amount of Convertible Notes.

The Convertible Notes will be convertible at the holder’s option in certain circumstances. Upon conversion, the Company may satisfy its conversion obligation by paying or delivering, at its election, as applicable, cash, shares of its common stock or a combination of cash and shares of its common stock.

The Company expects to use a portion of the net proceeds from the offering to repay its 2.650% Senior Notes due 2020, with the remainder to be used

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Brazil’s auto production should fall 35% this year, trade group says

New throughout, adds new production/sales forecasts

SAO PAULO, Oct 7 (Reuters)Brazil’s auto trade group Anfavea on Wednesday published slightly less dim 2020 forecasts for Latin America’s largest car market, which has been slammed by the effects of the coronavirus pandemic on the economy.

Anfavea said auto production is now expected to fall 35% in 2020 from 2019, less sharp than its initial projection of a 45% drop. Sales should now fall 31% compared to an initial forecast of 40%.

Still, Brazil’s auto market will be extremely hard hit by the pandemic in a year that was initially expected to have solid growth. Brazilian auto workers are bracing for layoffs, as employment in the sector has so far remained relatively stable, in part sustained by government subsidies.

This week, a union representing General Motors GM.N workers said the automaker had launched its second buyout program since the

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Has Workhorse Group (WKHS) Outpaced Other Auto-Tires-Trucks Stocks This Year?

The Auto-Tires-Trucks group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Workhorse Group (WKHS) one of those stocks right now? By taking a look at the stock’s year-to-date performance in comparison to its Auto-Tires-Trucks peers, we might be able to answer that question.

Workhorse Group is a member of the Auto-Tires-Trucks sector. This group includes 95 individual stocks and currently holds a Zacks Sector Rank of #3. The Zacks Sector Rank considers 16 different sector groups. The average Zacks Rank of the individual stocks within the groups is measured, and the sectors are listed from best to worst.

The Zacks Rank is a proven system that emphasizes earnings estimates and estimate revisions, highlighting a variety of stocks that are displaying the right characteristics to beat the market over the next one to three months. WKHS is currently sporting a

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DSG Global Subsidiary Imperium Motors Announcing Major Strategic Partnership with Skywell Automobile Group Co, Ltd.

DSG Global Actively Pursuing Spinoff/Partial Buyout of Imperium Motors

Surrey, British Columbia, Canada, Oct. 05, 2020 (GLOBE NEWSWIRE) — DSG Global Inc. (OTCQB: DSGT) (“DSGT”), and subsidiary automobile division Imperium Motor Corp., announced that today a strategic partnership with Skywell New Energy Automobile Group Co., Ltd. (Skywell) to exclusively market their electric vehicles to the North American Region. The first vehicle to be introduced will be the new ET5 SUV, announced on September 24, 2020 by DSG Global.

Skywell New Energy Automobile Group Co. Ltd. was founded in 2011. With the manufacturing and sales of large, medium and light buses, passenger cars and related components and parts as the main body, it has gradually become the leading enterprise of China’s new energy automobile industry.

Skywell owns Nanjing Jinlong Bus Manufacturing Co., Ltd., Wuhan Skywell New Energy Automobile Co., Ltd., Shenzhen Skywell Automobile Co.,

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GAC Group Demonstrating its global competitiveness as it brings the latest technology to the Beijing Auto Show

GUANGZHOU, China, Oct. 5, 2020 /PRNewswire/ — On September 26th, the 2020 Beijing International Automotive Exhibition kicked off as one of the few that had the go-ahead this year. At the event, GAC Group released a new generation of power technology “Mega Wave Power” and convertible coupe concept sports car “ENPULSE”, taking the spotlight amongst industry and consumers.

A brand-new power technology: “Mega Wave Power ”, leading the world in the engine thermal efficiency

In Bejing, GAC Group showcased a new power technology: “Mega Wave Power”, creating a new generation of powertrain products with more power, more agile response and lower fuel consumption. After 12 years of R&D, the “Mega Wave Power” has pioneered a complete power product architecture. The fourth generation 2.0ATK engine was independently certified to have achieved 42.10% thermal efficiency, beating current gasoline engine benchmarks in the world. Based on this platform,GAC is planning to launch several

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PNC Financial Services Group Inc. Takes Position in Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD)

PNC Financial Services Group Inc. acquired a new stake in Calamos Dynamic Convertible & Incm Fd (NASDAQ:CCD) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 13,908 shares of the company’s stock, valued at approximately $293,000.

Several other institutional investors also recently bought and sold shares of the company. Bank of America Corp DE boosted its holdings in shares of Calamos Dynamic Convertible & Incm Fd by 28.7% in the second quarter. Bank of America Corp DE now owns 311,715 shares of the company’s stock valued at $6,577,000 after acquiring an additional 69,464 shares in the last quarter. Stifel Financial Corp boosted its holdings in Calamos Dynamic Convertible & Incm Fd by 8.5% during the second quarter. Stifel Financial Corp now owns 16,925 shares of the company’s stock worth $357,000 after buying an additional 1,325 shares in the last

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Midtown Insurance Group, LLC is a Prince Frederick Auto Insurance Provider in MD, Offering Comprehensive Car Insurance Options

Midtown Insurance Group, LLC is a Prince Frederick Auto Insurance Provider in MD, Offering Comprehensive Car Insurance Options

Prince Fredrick, MD – If looking for car insurance services in Prince Fredrick, MD, and the neighboring areas, Midtown Insurance Group, LLC is a top-rated insurance company with decades of experience helping drivers to find the insurance plan that best suit their needs. 

The company offers an extensive variety of car coverage services that go from basic car insurance to those that provide a more comprehensive coverage such as pet coverage, personal items coverage, auto glass repair, among other benefits. Whether drivers are looking for an insurance plan for their cars, trucks, or RVs,  the agency offers a variety of customized solutions for all of their client’s needs.

“We try to fulfill our business responsibilities with more heart than any other insurer out there. We think big, but still care about the individual.” Said Ken Jones, the owner, and spokesperson for Midtown Insurance Group, LLC, regarding the company’s commitment to

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Troy Auto Group To ‘Drive Away Hunger’ With Gleaners Food Bank

TROY, MI — A Troy-based auto group is teaming up with a local community food bank to help feed Southeast Michigan residents during the coronavirus pandemic.

The Suburban Collection in Troy has announced the launch of “Drive Away Hunger,” a fundraising campaign aiming to raise 1 million meals for Gleaners Community Food Bank by the end of 2020.

“For decades Gleaners has been an unwavering lifeline for those facing hunger and continues to rise to the occasion now, when they are needed more than ever,” The Suburban Collection President and CEO David Fischer Jr. said. “Across The Suburban Collection, our team members are enthusiastic and determined to meet the one million meal goal in support of Gleaners’ work for our community.”

RELATED: Millions Made Hungry During Pandemic Could Include Your Neighbor

Prior to the onset of the COVID-19 pandemic, 1 in 5 people in Southeast Michigan struggled with hunger, according

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