New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
October 26, 2012
07:01 EDTPGRX, APOApollo, Prospect Global Res. enter exclusivity arrangement for $100M investment
Prospect Global Resources (PGRX) announced that it has entered into an exclusivity arrangement with an affiliate of Apollo Global Management, LLC (APO) pursuant to which funds managed by APO would purchase $100M of newly issued 10% Convertible Second Lien Notes, expected to fund in the 1H of 2013. Additionally, Apollo would have an option to purchase 16.7M shares of Prospect Global common stock at an exercise price of $3.00/share, which, if exercised, would provide additional net proceeds to Prospect Global of $50.1M. The company intends to use the proceeds from the Apollo financing to continue development of its proposed potash mining facility being developed in Holbrook, Arizona, by the company's wholly-owned subsidiary, American West Potash.
News For PGRX;APO From The Last 14 Days
Check below for free stories on PGRX;APO the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2014
21:19 EDTAPONorwegian Cruise in talks to acquire Prestige Cruises for $3B, Reuters says
Subscribe for More Information
August 28, 2014
07:49 EDTAPOApollo Global owned Momentive gets tentative bankruptcy approval, Bloomberg says
Subscribe for More Information
03:17 EDTAPOApollo Global momentive bankruptcy plan approved with changes, Bloomberg says
August 26, 2014
18:38 EDTAPOApollo's Momentive bankruptcy plan approved with changes, Bloomberg says
Subscribe for More Information
18:02 EDTAPOApollo Global momentive bankruptcy plan approved with changes, Bloomberg says

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use