PetroQuest Energy, Inc. Extends Forbearance Agreements

LAFAYETTE, La., Oct. 19, 2018 (GLOBE NEWSWIRE) -- PetroQuest Energy, Inc. (the “Company”) (OTCQX:PQUE) announced today that it has extended its previously announced forbearance agreements (as amended prior to the date hereof, the “Forbearance Agreements”) with the administrative agent and the lenders under its multi-draw term loan agreement (the “Loan Agreement”), the holders of approximately 77.9% of the outstanding aggregate principal amount of its 10% Second Lien Secured Senior Notes due 2021 (the “2021 Notes”) and the holders of approximately 70.7% of the outstanding aggregate principal amount of its 10% Second Lien Senior Secured PIK Notes due 2021 (the “2021 PIK Notes”) (collectively, the “Forbearing Creditors”).

Full ArticleFri Oct 19, 2018 3:18pm EST

BCB Bancorp, Inc. Earnings increase 43 Percent to $4.6 Million in the Third Quarter of 2018; Declares Quarterly Cash Dividend of $0.14 Per Share

BAYONNE, N.J., Oct. 19, 2018 (GLOBE NEWSWIRE) -- BCB Bancorp, Inc. (the “Company”), Bayonne, NJ (NASDAQ: BCBP), the holding company for BCB Community Bank (the “Bank”), today reported net income increased $1.4 million, or 42.8 percent to $4.6 million, or $0.27 per diluted share, in the third quarter of 2018, compared to $3.2 million, or $0.25 per diluted share, in the third quarter of 2017. In the second quarter of 2018, net income was $2.3 million, or $0.13 per diluted share, with $2.0 million of acquisition-related expenses.

Full ArticleFri Oct 19, 2018 3:00pm EST


Global Markets | Trending Ideas & Opinions Stream

Conditions for Inflation-linked auctions

Sveriges Riksbank

Full ArticleFri Oct 19, 2018 9:20am EST

Conditions for Riksbank Bid Procedures Sek Bonds

Sveriges Riksbank

Full ArticleFri Oct 19, 2018 9:20am EST

Freddie Mac Prices $855 Million Multifamily K-Deal, K-F52

MCLEAN, Va., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Freddie Mac (OTCQB: FMCC) recently priced a new offering of Structured Pass-Through Certificates (K Certificates) backed by floating-rate multifamily mortgages with 10-year terms. The approximately $855 million in K Certificates (K-F52 Certificates) are expected to settle on or about October 29, 2018.

Full ArticleFri Oct 19, 2018 8:40am EST

Franklin Limited Duration Income Trust Oversubscribed Rights Offering Raising Over $67 Million

SAN MATEO, Calif., Oct. 19, 2018 (GLOBE NEWSWIRE) -- Franklin Limited Duration Income Trust (the “Fund”) [NYSE American: FTF] (CUSIP 35472T101) is pleased to announce the successful completion of its transferable rights offering (the “Offer”), which is expected to result in the issuance of approximately 7.5 million common shares.  The final subscription price for the common shares to be issued was $8.99, which was equal to 92.5% of the average of the last reported sale price of the Fund’s common shares on the NYSE American on October 18, 2018 and each of the four preceding trading days.  The Offer was over-subscribed. Assuming the over-subscription privilege is exercised in full, the gross proceeds of the Offer are expected to be approximately $67.8 million. The common shares subscribed for will be issued after completion of the pro rata allocation of the over-subscription shares, if any, and receipt of all shareholder payments. The common shares are expected to be issued on or about October 25, 2018.

Full ArticleFri Oct 19, 2018 7:55am EST

Result of the purchase of nominal Treasury bond RIKB 19 0226 in switch auction

Switch auction was conducted at Government Debt Management at 11:00 am today, where nominal Treasury bonds in the series RIKB 20 0205 where offered for sale for purchase of RIKB 19 0226.

Full ArticleFri Oct 19, 2018 6:53am EST