Liberty Latin America Announces USD 100M Share Buyback Program
Liberty Latin America Ltd. (NASDAQ: LILA and LILAK, OTC Link: LILAB) has announced that its board of directors has authorized the repurchase of up to USD 100 million of the…
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Coalition of US governors, mayors urge Congress to provide financial stability for US airlines
Airlines for America (A4) has announced bipartisan coalition of governors and mayors have issued a letter to US Treasury Secretary Mnuchin, House Speaker Pelosi, House Minority Leader McCarthy, Senate Majority…
Windstream Fills Commitment Cap for "Priority" Tranche of Rights Offering
Windstream has entered into an amendment to its previously announced Plan Support Agreement (the "Amended PSA") expanding the scope of participants who may participate in the "priority" tranche of the…
Frontier Communications Continuing Constructive Discussions with Bondholders
Frontier Communications Corporation (NASDAQ: FTR) has announced that it has elected to defer making the interest payments due on March 16, 2020 on certain of its senior unsecured notes and…
Pratt/Whitney Engines awarded USD 318m contract to modify 20 propulsion systems for F-35s
Pratt and Whitney Engines has announced it has been awarded a USD 319,792,357 modification (P00018) to a previously awarded contract, the company said.This modification exercises an option for the production…
Digital Currencies and Trading Gains More Traction With Banks
Since the advent of Bitcoin, financial institutions have largely watched the growth of digital currencies from the sidelines. Those attitudes – at least for some – seem to be making…
Aimia converts Series 1 Cumulative Rate, Series 2 Cumulative Floating Rate Preferred Shares
Aimia Inc. (TSX: AIM) has announced it will convert its 2,161,865 Cumulative Floating Rate Preferred Shares, Series 2 into Cumulative Rate Reset Preferred Shares, Series 1 on March 31, 2020,…
DHI Telecom Acquires Bienvenue WiFi for Travelers
DHI Telecom CEO Wallace Davis has announced the acquisition of Paris-based Bienvenue WiFi, a provider of providing mobile Wi-Fi solutions across France, the company said.Founded in May 2014, Bienvenue WiFi…
APEX calls for USD 250bn to support airline industry
Airline Passenger Experience Association (APEX) has announced an expansion in its call for government action calling for a quarter-trillion dollars (USD 250 billion) of global government support for the airline…
Windstream Gets More Support for Comprehensive Restructuring
Windstream has entered into an amendment to its previously announced Plan Support Agreement (the "Amended PSA") expanding the scope of participants who may participate in the "priority" tranche of the…
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