Summit Therapeutics Gets $62 Mln Contract From Biomedical Advanced Research and Development Authority

Summit Therapeutics Gets $62 Mln Contract From Biomedical Advanced Research and Development Authority

Summit Therapeutics (SMMT), a developer of therapies for Duchenne muscular dystrophy and C. difficile infection (CDI), said early Monday it got a $62 million contract from the U.S. government’s Department of Health and Human Services. The order from the Department of Health’s Biomedical Advanced Research and Development Authority (BARDA) will support the clinical and regulatory development of ridinilazole to treat CDI, including the company’s planned phase 3 development program, it […]

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Deltic Timber Updates Strategic Alternatives Process

Deltic Timber Updates Strategic Alternatives Process

Deltic Timber, a natural resources company, provided an update on its previously announced strategic alternatives process. The company said it is assessing a range of strategic alternatives. Deltic said over the past several months, it has been approached by industry participants regarding interest in a potential strategic transaction. The company has been evaluating those confidential indications of interest and said it intends to continue the process to develop potential external […]

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Grana y Montero Unit Wins Maintenance Contract

Grana y Montero Unit Wins Maintenance Contract

Grana y Montero S.A.A, an engineering and construction company, said late Tuesday its CAM Chile subsidiary won a contract valued at $7.6 million to maintain lighting and low voltage power systems for the Metro subway network in Santiago de Chile. The award includes preventive and corrective maintenance as well as conservation services and troubleshooting of the 109 stations for 48 months.

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Industrias Bachoco Unveils New Bond Issuance

Industrias Bachoco Unveils New Bond Issuance

Industrias Bachoco, S.A. de C.V, a producer and processor of poultry and other food products in Mexico, said Friday that it has successfully issued bonds for MXN1,500,000,000 through the public issuance of local bonds in the local debt capital markets for a tenor of 5 years, maturing in 2022. This is Bachoco’s second issuance and it was distributed among a wide range of local investors. The bonds issued by Bachoco […]

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Lear Prices Unsecured Notes

Lear Prices Unsecured Notes

Lear a supplier of automotive seating and electrical systems, said late Monday it has priced a public offering of $750 million of 3.80% senior unsecured notes due 2027.The offering is expected to close on Aug. 17. Lear said it expects the net proceeds of $738.5 million. It intends to use proceeds in part to redeem $500 million of 4.75% senior notes due 2023. The remaining net proceeds will be used […]

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