DST Systems, Inc. Announces Contingent Interest Period on Series B Convertible Senior Debentures Aug 22, 2008
Aug. 21 /PRNewswire-FirstCall/ -- DST Systems, Inc. (NYSE: ) (the "Company") announces that it will pay contingent interest for the period August 20, 2008 to February 14, 2009 in connection with $300 million aggregate principal amount of 3 ... The amount of contingent interest equals 0 ... As required by the terms and conditions of the debentures, the Company is issuing a press release for this contingent interest period, and will issue a press release on the interest payment date and in... (PR Newswire)
Weimar charged in corruption probe Aug 12, 2008
Weimar held a "contingent interest" in a private prison project worth $5. 5 million, but only if the project were completed, the charges say. (Anchorage Daily News)
Hercules Offshore Announces Pricing of $250 Million Convertible Senior Notes Due 2038 May 29, 2008
The company will also pay contingent interest during any six-month interest period commencing June 1, 2013, for which the trading price of the notes for a specified period of time equals or exceeds 120% of their accreted principal amount. The notes will be convertible under certain circumstances into shares of Hercules Offshore common stock at an initial conversion rate of 19. (PR Newswire)
CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3.75 Percent Convertible Senior Notes Due 2023 May 14, 2008
CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3 ... CenterPoint Energy Announces Adjustments to Conversion Rate of and Accrual of Contingent Interest On 3 ... CenterPoint Energy also today announced that for the six-month period beginning May 15, 2008, the notes will, subject to the terms of the indenture under which they were issued, accrue contingent interest in the amount of $3. (Primezone Releases)
Railroad panel elects officers Mar 20, 2008
In other business, the CRC approved a contingent interest agreement with the NCDOT for a 55,000 grant to cover half the cost of improvements along the rail line. The CRC is scheduled to meet again April 2 at 1:30 p.m.. (Lenoir News Topic, NC)
AltaGas Utility Group Inc. Announces First Quarter 2007 Results and a Quarterly Dividend of $0.035 Per Share May 8, 2007
Utility Group is not party to any contractual arrangement under which an unconsolidated entity may have any obligation under certain guarantee contracts, a retained or contingent interest in assets transferred to an unconsolidated entity or similar arrangement that serves as credit, liquidity or market risk support to that entity for such assets. Utility Group has no obligation under derivative instruments, or a material variable interest in an unconsolidated entity that provides financing,... (CCNMatthews Press Releases)
Linear Technology Prices $1.7 Billion of Convertible Senior Notes Apr 19, 2007
Each series of notes will bear contingent interest under certain circumstances. Linear may redeem the 3. (PR Newswire)
Lawsuit Alleges That California Firm Engages in Longstanding Scheme to Defraud Seniors Out of Hundreds of Millions of Dollars in Life Insurance Coverage; Mar 15, 2007
The Note provides for ten percent interest per annum on the principal amount, plus any applicable contingent interest. The investment trustee determined that she wanted to maintain ownership of the Policy by refinancing the MCC loan through XE-R. In order to value the contingent interest for the purposes of making repayment, the Trust followed the procedures set forth in the Note ... Because the "fair market value" is less than the principal plus fixed interest, the Contingent Interest owing... (PR Newswire)
