Thales has raised $$667.39m through a public offering of fixed-rate bonds, due June 2023.
The bonds carry a coupon rate of 0.75% a year.
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The net proceeds from the offering will be used to repay Thales’ debt.
The assets of MIPNET Industries have been acquired by Saint-Gobain Performance Plastics Corporation, a producer of high-performance polymers and materials headquartered in the US.
Saint-Gobain intends to increase its product offerings through the purchase of MIPNET Industries, which runs under the JTT Composites brand.
Australia-based XTEK Limited plans to issue new shares at a price of $0.32 per security under an underwritten share purchase plan.
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By GlobalDataThe issue price represents a 12.5% discount on the five-day volume-weighted average price (VWAP) prior to the completion of the offer.
The company aims to raise $0.89m, which it intends to use for business marketing, sales and working capital.
DRS Technologies and Autonomous Solutions have executed a strategic partnership agreement to develop automated solutions for the US Army’s route-clearance vehicles.
Under the partnership, the companies will collaborate on the army’s Route Clearance Interrogation System (RCIS) Type I programme.
Germany-based Daimler, through its Daimler Canada Finance division, has announced the sale of its bonds in a public offering for $279.43m.
The bonds, due May 2018, will be issued at 100% of their principal amount, and will pay an annual interest rate equal to three-month EURIBOR rate plus 0.35%.
