AutoCanada Prices Previously Announced Private Offering of $125,000,000 Senior Notes

EDMONTON , Jan. 31, 2020 /CNW/ – AutoCanada Inc. (“AutoCanada” or the “Company”) (ACQ.TO) is pleased to announce that it has priced its previously announced private placement of $125 million 5-year Senior Unsecured Notes (the “Notes”). Interest on the Notes will accrue at the rate of 8.75% per annum and will be payable semi-annually in arrears in equal semi-annual installments on February 11 and August 11 of each year, beginning on August 11, 2020 . The Notes are being sold at a price of 99.011% and will mature on February 11, 2025 . Paul Antony , Executive Chairman of the Company, added, “We are very pleased with the outcome of the offering and support from investors upon hearing of the progress on both the Go Forward initiatives in Canada and the U.S., and improvements made to the balance sheet.” The Notes are being offered and sold to “accredited investors” in certain provinces of Canada and to non-U.S. persons on a private placement basis. On January 28, 2020 , the Company announced that it had launched an offer (the “Tender Offer”) to purchase for cash all of the Company’s outstanding 5.625%...

Why pearl jewellery is suddenly looking cool once again

Experimentation by Prabal Gurung, Hisano Shepherd, Bibi van der Velden, Nicholas Lieou and Melanie Georgacopoulos has helped transform pearls into avant-garde gems Chopard’s 18-carat white- and rose-gold necklace, Tiffany & Co’s ring and Graff’s stud earrings are among creations from luxury brands that show the timeless lustre of pearls Pentant Necklace, Earring Blank, Rings Blank, Pendant Blank, Ear Back – LUO MI SI,https://www.luomisi.com/

A recent study on the isotopic compositions of the South Byron Trio iron meteorite grouplet (SBT)

A recent study on the isotopic compositions of the South Byron Trio iron meteorite grouplet (SBT) shows that all three meteorites likely came from a single parent body that formed in the Solar nebula. In the early Solar System, two chemically and isotopically distinct nebular domains were thought to have existed. The parent bodies of many meteorites we find on Earth today were formed in these two domains, which are referred to as as “noncarbonaceous” (NC) and “carbonaceous” (CC). The recent study suggests that the SBT originated from a body in the carbonaceous domain. In addition, the findings support previous work that indicates a common origin of the SBT and the Milton pallasite, a fourth meteorite that was discovered in the US state of Missouri in 2000. The SBT includes three ungrouped iron meteorites: Babb’s Mill (or Troost’s Iron), found in the US state of Tennessee in 1842, South Byron, found in the US state of New York in 1915, and Inland Forts 83500 (ILD 83500), found in Antarctica in 1983. The study, “Genetics, crystallization sequence, and age of the South Byron Trio iron meteorites: New insights to carbonaceous chondrite (CC)...