latest news releases from the newsroom
UA International Group Ltd.
UA International Group, Ltd. Invited to Global Finance Conference
KIEV, Ukraine, Sept. 16, 2005 (PRIMEZONE) -- UA International Group (Pink Sheets:UAIG) a Ukrainian infrastructure, water delivery and maintenance and real estate development company, today announced that it has been invited to participate in the Global Finance Ukraine 2005 conference in Kiev in November hosted by Adam Smith Conferences out of London as a guest speaker.
Visiphor Announces Re-pricing of Warrants
VANCOUVER, British Columbia, Sept. 16, 2005 (PRIMEZONE) -- Visiphor Corporation ("Visiphor") (OTCBB:VISRF) (TSX-V:VIS) (DE:IGYA) announced today that it is has agreed, subject to TSX Venture Exchange (the "Exchange") approval, to re-price 2,624,971 warrants to $0.46 and to extend their expiry to November 30, 2005. The re-priced warrants will be subject to accelerated vesting provisions prescribed by the exchange's corporate finance policies.
Acura Pharmaceuticals Inc.
Acura Pharmaceuticals, Inc. Secures Bridge Funding
PALATINE, Ill, Sept. 16, 2005 (PRIMEZONE) -- Acura Pharmaceuticals, Inc. (OTCBB:ACUR) today announced that the Company has secured $500,000 under a term Loan Agreement (the "Loan") with Essex Woodlands Health Ventures V, L.P., Care Capital Investments II, L.P., Care Capital Offshore Investments II,L.P., Galen Partners III, L.P., Galen Partners International III, L.P. and Galen Employee Fund III, L.P. The Loan, is secured by a lien on all assets of the Company and its subsidiaries (senior to all other Company debt), bears an annual interest rate of 10% and matures June 1, 2006. This funding will allow the Company to continue pursuing collaboration agreements with strategically focused pharmaceutical company partners for the development and commercialization of products incorporating the Company's proprietary abuse deterrent technology (the "Aversion Technology") and to seek more permanent funding from third parties.
NorthStar Realty Finance Corp.
N-Star Real Estate CDO II, Ltd. Classes Upgraded and Affirmed by Fitch Ratings
NEW YORK, Sept. 16, 2005 (PRIMEZONE) -- Fitch Ratings (Fitch) announced on September 14, 2005 its upgrade of five classes of notes and affirmation of four classes of notes issued by N-Star Real Estate CDO II, Ltd. and N-Star Real Estate CDO II Corp. (N-Star CDO II). NorthStar Realty Finance Corp. (NYSE:NRF) sponsored the securitization of N-Star CDO II in 2004 and owns the equity and the below investment grade notes. In addition, NorthStar selected the portfolio of securities and manages N-Star CDO II through its wholly-owned subsidiary, NS Advisors LLC (rated 'CAM2' by Fitch).
NorthStar Realty Finance Corp.
NorthStar Prices Fifth Collateralized Debt Offering
NEW YORK, Sept. 16, 2005 (PRIMEZONE) -- NorthStar Realty Finance Corp. (NYSE:NRF) announced the pricing on September 13, 2005 of $500 million of collateralized debt obligations to be issued by two subsidiaries of NorthStar Realty Finance Corp. -- N-Star Real Estate CDO V Ltd. and N-Star Real Estate CDO V Corp. ("CDO V"). The offering is the fifth CDO issuance sponsored by NorthStar, bringing its assets under management to $2.3 billion.