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Ameresco, Inc. Announces Pricing of Initial Public Offering

July 23, 2010 By vani Leave a Comment

FRAMINGHAM, Mass.–(Business Wire)–
Ameresco, Inc. (NYSE:AMRC) today announced the pricing of its initial public
offering of 8,696,820 shares of its Class A common stock at $10.00 per share. Of
the shares being sold, Ameresco is selling 6,000,000 shares and selling
stockholders are selling 2,696,820 shares. Ameresco will not receive any
proceeds from the sale of shares by the selling stockholders. The underwriters
have the option to purchase up to 1,044,523 additional shares from Ameresco and
up to 260,000 additional shares from certain selling stockholders at the initial
public offering price, less the underwriting discount, to cover overallotments,
if any. Ameresco`s Class A common stock will begin trading on July 22, 2010 on
the New York Stock Exchange under the symbol “AMRC.” The offering is expected to
close on July 27, 2010.

BofA Merrill Lynch is acting as the sole book-running manager. RBC Capital
Markets is acting as lead manager for the offering, and Oppenheimer & Co.,
Canaccord Genuity, Cantor Fitzgerald & Co., Madison Williams and Company and
Stephens Inc. are acting as co-managers of the offering.

A registration statement relating to these securities has been filed with, and
declared effective by, the Securities and Exchange Commission. The offering of
these securities may be made only by means of a prospectus. A copy of the final
prospectus relating to the offering, when available, may be obtained from BofA
Merrill Lynch at 4 World Financial Center, New York, NY 10080, Attn: Prospectus
Department, or by emailing dg.prospectus_requests@baml.com.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy, nor shall there be any sale of these securities in any state or
jurisdiction in which such an offer, solicitation or sale would be unlawful
prior to registration or qualification under the securities laws of any such
state or jurisdiction.

About Ameresco, Inc.

Ameresco, Inc. was incorporated in Delaware in April 2000 and is a leading
independent provider of comprehensive energy efficiency solutions for facilities
throughout North America. Ameresco`s solutions include upgrades to a facility`s
energy infrastructure, and the construction and operation of renewable energy
plants. With corporate headquarters located in Framingham, MA, Ameresco has 54
offices in 29 states and four Canadian provinces. For more information, visit
www.ameresco.com.

Ameresco, Inc.
Media Relations:
CarolAnn Hibbard, 508-661-2264
news@ameresco.com
or
Investor Relations:
Andrew Spence, 508-661-2212
ir@ameresco.com

Filed Under: International News Tagged With: Ameresco Inc, Amrc, Bofa, Canaccord, Cantor Fitzgerald, Framingham Mass, Genuity, Initial Public Offering, Lead Manager, Merrill Lynch, New York Stock, New York Stock Exchange, Nyse, Prospectus Department, Prospectus Requests, rbc capital markets, securities and exchange commission, Stephens Inc, World Financial Center, York Stock Exchange

Lloyds unit to sell A$598 million auto-loan backed debt

July 13, 2010 By vani Leave a Comment

(Reuters) – A unit of British group Lloyd’s (LLOY.L) plans to sell A$598 million ($524 million) of debt backed by auto-loans, a joint lead manager said on Monday.

Pricing is expected by Friday with settlement on July 23.

The issue, called Bella Trust Series 2010-1, is jointly led by Bank of Scotland, JPMorgan and National Australia Bank, the joint lead said. JPMorgan and NAB are joint book runners.

The offer will consist of six tranches backed by car-loans originated by Capital Finance, an Australian unit of Lloyds.

Only the top-rated tranche will be sold to investors with the balance retained by the issuer.

Bank of Scotland’s offer would be its second issue backed by auto-loans.

The loan pool is exclusively made up of motor vehicle loans, predominantly cars.

The loans have a seasoning, or time since issued, of 15 months.

Final maturity of the offer is February 2017 while the expected maturity is in February 2014.

Asset-backed bond issuance in Australia, including mortgage-backed notes, has been hit hard in the wake of the U.S. subprime mortgage crisis, but the market is slowing coming back to life.

This is the fifth offer backed by Australian auto-loans this year. It follows Macquarie Bank (MQG.AX) which sold on Friday US$500 million of debt backed by car loans in the United States.

Moody’s sees a revival of the asset class with a return of investor interest due to strong historical performance of Australian asset-backed securities and a reduced uncertainty in Australia’s economy, it said in a note last week.

(Reporting by Cecile Lefort; Editing by Ed Davies)

Filed Under: International News Tagged With: Asset Backed Securities, asset class, Auto Loans, bank of scotland, bond issuance, british group, Capital Finance, Car Loans, Coming Back To Life, Ed Davies, Investor Interest, JPMorgan, Lead Manager, LLOY, lloyds, Loan Pool, National Australia Bank, reuters, Subprime Mortgage Crisis, Vehicle Loans

EIB sells 40 bln yen of Samurai bonds – lead

July 10, 2010 By vani Leave a Comment

July 9 (Reuters) – The European Investment Bank has sold 40 billion yen ($452 million) of 10-year Samurai bonds, lead manager Mitsubishi UFJ Morgan Stanley Securities said on Friday.

The coupon was set at 1.165 percent and the bonds were priced at par.

Samurai bonds are yen bonds issued in Japan by non-Japanese entities.

(Reporting by Naoyuki Katayama and Hiroyasu Hoshi: writing by Rika Otsuka)

Filed Under: International News Tagged With: entities, European Investment Bank, Japan, Katayama, Lead Manager, mitsubishi, Mitsubishi Ufj, morgan stanley, Morgan Stanley Securities, otsuka, par, reuters, Samurai Bonds, yen

UPDATE 1-Westpac prices 5-year A$ domestic issue

July 1, 2010 By vani Leave a Comment

(For the latest Australia and New Zealand bond news, double click on [AU/CRD] and then double click on the ID number)

Financials

(Adds pricing)

SYDNEY June 29 (Reuters) – Westpac Banking Corporation raised A$800 million on Tuesday, pricing the floating rate part of the five-year domestic issue at 135 basis points above swap and BBSW.

It split the offering into a $500 million floating rate issue while the remaining A$300 was a fixed-rate offer. The coupon on the fixed rate tranche was 6.5 percent, semi-annual, with the issue price at 99.287, giving a yield of 6.67 percent.

Westpac was sole lead manager of the senior July 2015 domestic issue, which it expects will be rated AA by Standard & Poor’s and Aa1 by Moody’s. (Reporting by Wayne Cole and Anirban Nag; Editing by Ed Davies)

Filed Under: International News Tagged With: aa, Aa1, Anirban Nag, australia and new zealand, basis points, Bond News, Double Click, Ed Davies, Fixed Rate, June 29, Lead Manager, reuters, sole, sydney, tranche, Westpac Banking, Westpac Banking Corporation

GC Rieber Shipping: GC RIEBER SHIPPING – SUCCESSFUL PRIVATE PLACEMENT OF SHARES IN ARMADA SEISMIC

June 26, 2010 By vani Leave a Comment

On 10 June 2010, GC Rieber Shipping ASA (RISH) announced that it had entered into an
agreement to acquire two high capacity seismic newbuildings from the Factorias Vulcano
Yard.

In connection with the acquisition, RISH has established a new stand alone entity,
Armada Seismic. In order to equity finance the acquisition of the two vessels, Armada
Seismic has raised NOK 450 million in a private placement fully underwritten by RISH.
The private placement attracted solid interest from domestic institutional investors.

The placement is conditional on successful renegotiation of the parent company guarantee
from RISH relating to Armada Seismic’s current financing. Such renegotiation is expected
to be concluded on or about 28 June, 2010. After the completion of the private
placement, RISH retains approximately 65 % in Armada Seismic.

Carnegie acted as lead manager and sole book runner in the transaction. DnBNOR Markets
acted as co-lead manager.

For further information, please contact:
CEO Sven Rong, phone +47 55 60 68 18, or +47 90 55 49 52
CFO Hans Petter Klohs, phone +47 55 60 68 24, or +47 90 75 05 26

About GC Rieber Shipping
GC Rieber Shipping’s business within offshore/shipping includes ownership in specialized
vessels, high quality marine ship management, project development and industrial
portfolio management within the segments subsea, ice/support, as well as marine seismic.
The group has a unique competence in offshore operations in harsh environments as well
as design, development and maritime operation of seismic vessels. Through strategic
value chain investments the group has substantial knowledge and experience within subsea
and marine seismic.

GC Rieber Shipping owns six and operates currently seven advanced multifunctional
special purpose vessels for defined markets within the subsea, ice/support and marine
seismic segments. Furthermore, GC Rieber Shipping has two subsea IMR/CSV new buildings
for delivery late 2010 and mid 2011. Through a joint venture of which GC Rieber Shipping
owns 51%, the group also has two new offshore vessels for delivery in 2010. GC Rieber
Shipping has also acquired two high capacity seismic new buildings for delivery in Q3
2010 and Q3 2011 respectively. The group’s strategic value chain investments include the
subsea services company Reef Subsea (50 % stake) and the company Octio (60% stake) which
is in the business of permanent monitoring of existing oil fields. GC Rieber Shipping is
also in charge of marine ship management for seven seismic vessels and one subsea vessel
owned by PGS, CGGVeritas, Fugro and Acergy.

The company is headquartered in Bergen with ship management companies in Sevenoaks
(England), Singapore and Yuzhno-Sakhalinsk (Russia), which provides global presence. The
company is listed on Oslo Børs with ticker RISH. Further information is available on the
company’s website www.gcrieber-shipping.no http://www.gcrieber-shipping.no/ .

This information is subject of the disclosure requirements acc. to §5-12 vphl (Norwegian
Securities Trading Act)

Filed Under: International News Tagged With: Buil, harsh environments, institutional investors, Klohs, Lead Manager, Marine Ship, Newbuildings, offshore operations, Offshore Shipping, Parent Company Guarantee, Private Placement, Purpose Vessels, Quality Marine, renegotiation, Rieber Shipping, Rish, Seismic Vessels, Ship Management, Substantial Knowledge, Value Chain

Middlesex Water Announces Pricing of Common Stock Offering

June 10, 2010 By vani Leave a Comment

ISELIN, NJ, Jun 09 (MARKET WIRE) —
Middlesex Water Company (NASDAQ: MSEX) (the “Company”) today announced
the pricing of a public offering of 1,700,000 shares of its common stock
at a price of $15.21 per share, for net proceeds of approximately $24.6
million after commissions and estimated offering expenses. The Company
has granted the underwriters the option to purchase up to an additional
255,000 shares of common stock to cover over-allotments, if any. The
offering is expected to close on June 11, 2010. The offering is made
under the Company’s currently effective shelf registration statement
filed with the United States Securities and Exchange Commission.

The Company intends to use the net proceeds from the offering to reduce
the balance of its short-term borrowings.

Janney Montgomery Scott LLC served as sole book-runner and lead manager
for the offering, and Edward D. Jones & Co., L.P. served as co-manager
for the offering. A final prospectus supplement related to the public
offering will be filed with the United States Securities and Exchange
Commission. Copies of the final prospectus supplement, when available,
may be obtained by contacting Janney Montgomery Scott LLC, 60 State
Street, Boston, MA 02109, Attention: Equity Syndicate Department or
prospectus@janney.com

This press release shall not constitute an offer to sell or a
solicitation of an offer to buy nor shall there be any sale of these
securities in any state in which such offer, solicitation or sale would
be unlawful prior to registration or qualification under the securities
laws of any state. The offering may be made only by means of a prospectus
and related prospectus supplement.

About Middlesex Water Company
Middlesex Water Company, organized in
1897, provides regulated and unregulated water and wastewater utility
services primarily in New Jersey and Delaware through various subsidiary
companies. For additional information regarding Middlesex Water Company
visit our website at www.middlesexwater.com or call (732) 634-1500.

This release contains forward-looking statements within the meaning of
the Private Securities Litigation Reform Act of 1995, including, among
others, our long-term strategy and expectations, the status of our
acquisition program, the impact of our acquisitions, the impact of
current and projected rate requests and the impact of our capital program
on our environmental compliance. There are important factors that could
cause actual results to differ materially from those expressed or implied
by such forward-looking statements including: general economic business
conditions, unfavorable weather conditions, the success of certain cost
containment initiatives, changes in regulations or regulatory treatment,
availability and the cost of capital, the success of growth initiatives
and other factors discussed in our filings with the Securities and
Exchange Commission.

Contact:
Bernadette Sohler
Vice President – Corporate Affairs
Middlesex Water Company
1500 Ronson Road
Iselin, New Jersey 08830
www.middlesexwater.com
(732) 638-7549

Filed Under: International News Tagged With: Allotments, common stock, Edward D Jones, Janney Montgomery Scott, Janney Montgomery Scott Llc, Jones Co, Lead Manager, Middlesex Water Company, nasdaq, Prospectus Supplement, Public Offering, securities and exchange commission, securities laws, shelf registration statement, State Street Boston, Subsidiary Companies, Term Borrowings, United States Securities, Wastewater Utility, Water And Wastewater

Bottomline Technologies Prices Underwritten Public Offering of Common Stock

June 5, 2010 By vani Leave a Comment

PORTSMOUTH, N.H.–(Business Wire)–
Bottomline Technologies (NASDAQ: EPAY), a leading provider of collaborative
payment, invoice and document automation solutions, today announced the pricing
of an underwritten public offering of 4,200,000 shares of its common stock at a
price of $14.50 per share. The company has also granted to the underwriters a
30-day option to acquire an additional 630,000 shares to cover overallotments in
connection with the offering. After the underwriting discount and estimated
offering expenses payable by the company, the company expects to receive net
proceeds of approximately $57.6 million, assuming no exercise of the
overallotment option. The offering is expected to close on June 9, 2010 subject
to customary closing conditions. Needham & Company, LLC is acting as sole
book-running manager for the offering. William Blair & Company, L.L.C. is acting
as co-lead manager and Canaccord Genuity Inc., Craig-Hallum Capital Group LLC
and Barrington Research Associates, Inc. are acting as co-managers.

The shares described above are being offered by Bottomline pursuant to a
registration statement previously filed with and subsequently declared effective
by the Securities and Exchange Commission.

This press release shall not constitute an offer to sell or the solicitation of
an offer to buy any of the securities described herein, nor shall there be any
sale of these securities in any state or jurisdiction in which such offer,
solicitation or sale would be unlawful prior to registration or qualification
under the securities laws of any such state or jurisdiction. Copies of the
prospectus supplement and accompanying base prospectus relating to this offering
may be obtained from Needham & Company, LLC, 445 Park Avenue, New York, NY
10022, at 1 (800) 903-3268.

About Bottomline Technologies

Bottomline Technologies (NASDAQ: EPAY) provides collaborative payment, invoice
and document automation solutions to corporations, financial institutions and
banks around the world. The company`s solutions are used to streamline, automate
and manage processes involving payments, invoicing, global cash management,
supply chain finance and transactional documents. Organizations trust these
solutions to meet their needs for cost reduction, competitive differentiation
and optimization of working capital. Headquartered in the United States,
Bottomline also maintains offices in Europe and Asia-Pacific.

Bottomline Technologies and the BT logo are trademarks of Bottomline
Technologies (de), Inc. which may be registered in certain jurisdictions. All
other brand/product names are trademarks of their respective holders.

Cautionary Language

This press release contains “forward-looking statements” within the meaning of
the Private Securities Litigation Reform Act of 1995 regarding the net proceeds
from, and closing of, the public offering. The closing of the offering is
subject to closing conditions, and there can be no assurance regarding the
closing of the offering or the net proceeds from the offering. These
forward-looking statements represent our views only as of the date they are made
and should not be relied upon as representing our views as of any subsequent
date. We do not assume any obligation to update any forward-looking statements.

Bottomline Technologies
Kevin Donovan, 603-501-5240
kdonovan@bottomline.com

Filed Under: International News Tagged With: Barrington Research, Blair Company, Bottomline Technologies, Canaccord, Capital Group Llc, common stock, Company Llc, Craig Hallum, Document Automation Solutions, Lead Manager, nasdaq, Needham, Park Avenue, Prospectus Supplement, Public Offering, registration statement, securities and exchange commission, securities laws, Solicitation, William Blair

Stan Chart to raise up to $588 mln in India share sale

May 24, 2010 By vani Leave a Comment

Standard Chartered will raise up to $588 million in an India share sale to be launched on Tuesday, less than an earlier target of as much as $750 million, based on pricing details the bank announced on Sunday.

The emerging markets-focused British bank said it fixed the price band for its sale of Indian Depositary Receipts (IDRs) at 100-115 rupees per share. Standard Chartered said it will give an additional five percent discount to retail investors for its IDRs, which are the first by any issuer.

In late March, StanChart said it aimed to raise at least $500 million and not more than $750 million in its IDR sale. Since then, London-listed shares in the lender have fallen nearly 9 percent amid a broader global selloff.

The offer to sell 240 million shares will open on Tuesday and close on Friday. Allotment of the IDRs will be completed by June 7, with listing on the Bombay Stock Exchange and the National Stock Exchange of India shortly thereafter.

Ten IDRs will represent one share of the bank, and the new shares would constitute 1.16 percent of the post-issue paid-up capital of the bank, it said.

London-based StanChart, which is also listed in Hong Kong, intends to use the IDR issue to raise its profile in its second-largest market.

The bank has hired UBS AG, Goldman Sachs, JM Financial Consultants, Bank of America-Merrill Lynch, Kotak Mahindra Capital and SBI Capital Markets to manage the offering.

StanChart has appointed its SBI Capital Markets unit as a joint-book running lead manager.

(Reporting by Sumeet Chatterjee; Editing by Surojit Gupta and Krittivas Mukherjee)

Filed Under: International News Tagged With: Bank Of America, bombay stock exchange, Depositary Receipts, Financial Consultants, Goldman Sachs, india share, kotak mahindra, Lead Manager, Merrill Lynch, national stock exchange, national stock exchange of india, Retail Investors, Sbi Capital Markets, Selloff, Stan Chart, Stanchart, Standard Chartered, Surojit Gupta, target, Ubs Ag

New Issue-Temasek Fin issues S$500 mln 15 year MTN

March 2, 2010 By vani Leave a Comment

SINGAPORE, March 01 (Reuters) – Following are terms and
conditions of a bond to be issued on March 05, 2010

Borrower Temasek Financial I Ltd

Form of debt Fixed Rate, EMTN

Issue Amount S$500 million

Coupon 3.785% pa semi-annual

Issue Date Mar 05, 2010

Maturity Date Mar 05, 2025

Coupon Payment Date 05 September and 05 March

Commencing on 05 September 2010

Denominations S$250,000

Joint Lead Manager(s) DBS Bank Ltd

Standard Chartered Bank

Australia and New Zealand Banking

Group Limited

The Hongkong and Shanghai Banking

Corporation Limited

Guarantor Temasek Holdings (Private) Limited

For ratings information, double click on RRS0001

For all bonds data, double click on BONDS

For Top international bonds news [TOP/EUB]

For news about this issuer, double click on the issuer RIC,

where assigned, and hit F9 on Reuters terminals.

Data supplied by International Insider.

Filed Under: International News Tagged With: australia and new zealand, Australia And New Zealand Banking, Australia And New Zealand Banking Group, Australia And New Zealand Banking Group Limited, bank ltd, Coupon Payment, dbs bank, Eub, Fin Issues, guarantor, International Bonds, Lead Manager, maturity date, New Zealand Banking Group, Payment Date, reuters, Shanghai Banking Corporation, Singapore March, Standard Chartered Bank, Zealand Banking Group Limited

S.Korean bourse to see Japanese listing in April

April 20, 2009 By admin Leave a Comment

SEOUL, April 20 (Reuters) – The Korea Exchange will see its first Japanese listing on Friday, the South Korean bourse said on Monday.

Nepro IT, a Japanese online ad broker, is looking to raise 3.6 billion won ($2.71 million) in its Seoul initial public offering. Shares will be listed and start trading on the junior Kosdaq .KQ11 on April 24.

This will be the first-ever Japanese listing for the South Korean bourse. The KRX has 5 foreign listings — all of which are Chinese — on the main KOSPI index and Kosdaq.

Samsung Securities (016360.KS) is the lead manager for the IPO.

($1=1336.7 Won)

(Editing by Chris Lewis)

Filed Under: International News Tagged With: April 20, April 24, bourse, Initial Public Offering, IPO, Korea, kospi index, krx, Lead Manager, Online Broker, reuters, Samsung, Samsung Securities, Seoul, South Korean

Spain’s ICO sells 50 bln yen in Samurai bonds -lead

April 18, 2009 By admin Leave a Comment

TOKYO, April 17 (Reuters) – Spain’s Instituto de Credito Oficial (ICO) [ICO.UL] sold 50 billion yen ($503.2 million) in Samurai bonds in two tranches, lead manager Daiwa Securities SMBC said on Friday.

ICO sold 22.9 billion yen in five-year fixed-rate bonds and 27.1 billion yen in five-year floating-rate bonds.

The fixed-rate bonds have a spread of 60 basis points over yen swaps, and the coupon for the floating-rate bonds is set at 68 basis points above three-month yen Libor.

The bond was priced at par. (Reporting by Naoyuki Katayama and Hiroyasu Hoshi: writing by Rika Otsuka)

Filed Under: International News Tagged With: 1 Billion, April 17, basis points, daiwa securities smbc, fixed rate bonds, ICO, Instituto De Credito Oficial, Katayama, Lead Manager, LIBOR, otsuka, reuters, Rika, Samurai Bonds, Spain, Swaps, Tokyo, Tranches, ul, yen

New Issue-Spain’s ICO sells 50 bln yen in Samurai bonds

April 18, 2009 By admin Leave a Comment

TOKYO, April 17 (Reuters) – Spain’s Instituto de Credito
Oficial (ICO) [ICO.UL] sold 50 billion yen ($503.2 million) in
Samurai bonds in two tranches, lead manager Daiwa Securities SMBC
said on Friday.

Details are as follows:

1. Five-year fixed-rate bond:

Issue amount: 22.9 billion yen

Coupon: 1.67 percent

Issue price: par

Maturity date: April 23, 2014

Coupon payments: April 23, Oct. 23

Payment date: April 23, 2009

Lead managers: Daiwa Securities SMBC

Mitsubishi UFJ Securities

Mizuho Securities

Ratings: Aaa (Moody’s)

AA+ (S and P)

AAA (Fitch)

Spread: 60 basis points over yen swaps

2. Five-year floating-rate bond:

Issue amount: 27.1 billion yen

Coupon: 0.68 pct point above 3-month yen Libor