Altech Chemicals Ltd (ASX:ATC) Quarterly Activities and Cashflow Report
Quarterly Activities and Cashflow ReportPerth, Jan 29, 2021 AEST (ABN Newswire) - During the quarter, Altech Chemicals Ltd (
FRA:A3Y) received a definitive execution program for a listed green bond offering of US$144 million (Bond Structuring and Execution Plan), from its appointed advisers Bluemount Capital (WA) Pty Ltd (Bluemount) and London based partner Bedford Row Capital (Bedford Row). The Altech board has approved the proposed program, and work on preparations for the bond offering commenced in earnest towards the end of the quarter.
As illustrated in Figure 2 in link below, a Special Purpose Vehicle (SPV Co.) would be incorporated and managed by Bedford Row Capital (or its nominee) as the proposed bond Issuer.
Multi-million euro Limerick revitalisation project to start
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ONE of the most significant projects in the city’s recent history looks set to kick off in the coming weeks.
Work on the €10m revitalisation of O’Connell Street, which will see traffic reduced to one lane, and various improvements made to the main thoroughfare will get under way as soon as Ireland switches away from Level 5 restrictions.
Civil engineering firm ShareRidge is frontloading some of the most disruptive parts of the scheme while the city is less busy than normal.
While the contractor may not be able to start as planned on February 1, they can organise supplies and subcontractors in order to be in a position to hit the ground running when restrictions are lifted.
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Date
11/01/2021
Bedford Row Capital PLC (“BRC”), a global non-bank structuring specialist, today announces that it has been mandated by Sustainable Capital PLC, for a listed ICMA-compliant green bond offering of USD14.8million and GBP28.1million.
Sustainable Capital (recognised on the NASDAQ Sustainable Bond Network) has issued USD and EUR ICMA-compliant green bonds to finance Energy Storage´s development and construction of thermal clean generation and green power plants for “on-site-of-need” commercial and industrial customers, on a “distributed energy” model in Australia. This power generation operation of Energy Storage offers immediate income potential. Energy Storage has been in R&D with leading Australian universities and government bodies for the last five years and is among the leading thermal long duration energy storage developers globally. Energy Storage considers that its patent library and technology offers the potential of transformational sh
Future unclear for well-known Limerick clothes store following start of lockdown
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WHILE shops across the city have closed under level 5 restrictions until at least the end of the month, one of those stores looks set to be shuttering its doors for good.
Tailor of Blue in Bedford Row launched a closing down sale last week, and it is understood that the original intention was to shutter its city centre store by the end of January.
However, following An Taoiseach Micheál Martin’s announcement last wwk, and the ruling that non-essential retailers were not able to stay open this month, it is unclear what the future will hold for the store.