Consolidated Communications Announces Intention to Offer Senior Secured Notes


MATTOON, Ill., Sept. 14, 2020 — Consolidated Communications Holdings, Inc. (Nasdaq: CNSL) (“Consolidated”) announced today that its wholly-owned subsidiary, Consolidated Communications, Inc. (the “Issuer”), intends, subject to market and other customary conditions, to offer (the “Offering”) $1 billion in aggregate principal amount of Senior Secured Notes due 2028 (the “Notes”).

Consolidated intends to use the net proceeds of the Offering to redeem all of the Issuer’s outstanding 6.50% Senior Notes due 2022, to repay a portion of outstanding borrowings under the Issuer’s existing credit facility and to pay related fees and expenses.

The Notes will be offered in the United States to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”), and outside the United States pursuant to Regulation S under the Securities Act. The Notes and the related guarantees have not been registered under the Securities Act, or any state securities laws, and, unless so registered, may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements of the Securities Act and applicable state securities laws.

This press release is for informational purposes only and does not constitute an offer to sell the Notes, nor a solicitation for an offer to purchase the Notes or any other securities, nor shall there be any sales of Notes or other securities, in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

About Consolidated Communications Consolidated Communications Holdings, Inc. (NASDAQ: CNSL) is a leading broadband and business communications provider serving consumers, businesses, and wireless and wireline carriers across rural and metro communities and a 23-state service area. Leveraging an advanced fiber network spanning 46,000 fiber route miles, Consolidated Communications offers a wide range of communications solutions, including: high-speed Internet, data, phone, security, managed services, cloud services and wholesale, carrier solutions. From our first connection 125 years ago, Consolidated is dedicated to turning technology into solutions, connecting people and enriching how they work and live. Visit for more information.

Certain statements in this communication are forward-looking statements and are made pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. These forward-looking statements reflect, among other things, our current expectations, plans, strategies, and anticipated financial results. There are a number of risks, uncertainties, and conditions that may cause our actual results to differ materially from those expressed or implied by these forward-looking statements. These risks and uncertainties include a number of factors related to our business, including the uncertainties relating to the impact of the novel coronavirus (COVID-19) pandemic on the company’s business, results of operations, cash flows, stock price and employees; the possibility that any of the anticipated benefits of the proposed strategic investment from Searchlight or our refinancing of outstanding debt will not be realized; the outcome of any legal proceedings that may be instituted against the Company or its directors; the ability to obtain regulatory approvals and meet other closing conditions to the investment on a timely basis or at all, including the risk that regulatory approvals required for the investment are not obtained on a timely basis or at all, or are obtained subject to conditions that are not anticipated or that could adversely affect the Company or the expected benefits of the investment; the anticipated use of proceeds of the strategic investment; economic and financial market conditions generally and economic conditions in our service areas; various risks to the price and volatility of our common stock; changes in the valuation of pension plan assets; the substantial amount of debt and our ability to repay or refinance it or incur additional debt in the future; our need for a significant amount of cash to service and repay the debt restrictions contained in our debt agreements that limit the discretion of management in operating the business; regulatory changes, including changes to subsidies, rapid development and introduction of new technologies and intense competition in the telecommunications industry; risks associated with our possible pursuit of acquisitions; system failures; cyber-attacks, information or security breaches or technology failure of ours or of a third party; losses of large customers or government contracts; risks associated with the rights-of-way for the network; disruptions in the relationship with third party vendors; losses of key management personnel and the inability to attract and retain highly qualified management and personnel in the future; changes in the extensive governmental legislation and regulations governing telecommunications providers and the provision of telecommunications services; new or changing tax laws or regulations; telecommunications carriers disputing and/or avoiding their obligations to pay network access charges for use of our network; high costs of regulatory compliance; the competitive impact of legislation and regulatory changes in the telecommunications industry; and liability and compliance costs regarding environmental regulations; and risks associated with discontinuing paying dividends on our common stock. A detailed discussion of these and other risks and uncertainties that could cause actual results and events to differ materially from such forward-looking statements are discussed in more detail in our filings with the SEC, including our reports on Form 10-K and Form 10-Q. Many of these circumstances are beyond our ability to control or predict. Moreover, forward-looking statements necessarily involve assumptions on our part. These forward-looking statements generally are identified by the words “believe,” “expect,” “anticipate,” “estimate,” “project,” “intend,” “plan,” “should,” “may,” “will,” “would,” “will be,” “will continue” or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results, performance or achievements of the Company and its subsidiaries to be different from those expressed or implied in the forward-looking statements. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by the cautionary statements that appear throughout this communication. Furthermore, forward-looking statements speak only as of the date they are made. Except as required under the federal securities laws or the rules and regulations of the SEC, we disclaim any intention or obligation to update or revise publicly any forward-looking statements. You should not Page 4 of 4 place undue reliance on forward-looking statements.

Hong Kong Laureate Forum: Calling Outstanding Young Scientists in Astronomy, Life Science and Medicine, and Mathematical Sciences!

HONG KONG, Sept. 16, 2020 /PRNewswire/ — Suncity Group Holdings Limited (« Suncity » or the « Group », Hong Kong Stock Exchange code: 1383) would like to announce that the Group has been named as an « Honored Company » in the « 2020 All-Asia Executive Team » Ranking, published by the world-renowned business publication « Institutional Investor ». The prestige award is a vote of confidence of Suncity Group’s executive team as the annual rankings are highly reputable globally as the financial industry’s benchmark for excellence.

Institutional Investor is a world-renowned finance magazine, issuing rankings throughout the year that often serve as industry benchmarks. The rankings for the 2020 « All-Asia Executive Team » covered 18 sectors, with a total of 1,472 enterprises nominated for evaluation by 1,921 portfolio managers and buy-side analysts, and 611 sell-side analysts. The 1,472 companies nominated across 18 sectors this year were rated on nine core areas, including (1) Accessibility of Senior Executives (2) Execution of Strategy (3) IR Team is Well Informed and empowered (4) Productivity of NDR/Conferences/Calls (5) Responsiveness (6) Business & Market Knowledge (7) Consistency & Granularity, (8) ESG Information, and (9) Timeliness of Disclosure.

Mr. Chau Cheok Wa, Chairman of Suncity, expresses his delight, « Thanks to the support of shareholders and investors, this accolade by Institutional Investor is an endorsement of the Group’s credibility by the investment community. 2020 may be a year of turmoil, but this had not stopped the Group from believing in the long term. While we are strategically expanding our blue print, we are also careful in managing our expenses to ensure that every dollar invested is well-spent, delivering return for investment for our shareholders. »

Suncity Group Holdings Limited (« Suncity » or the « Group ») is en-route to become a leading integrated resort operator in Asia. Originated from Macau, Suncity develops, operates and manages integrated resorts across Asia, including Vietnam, the Philippines, Russia, and Japan.

Hoiana is the first flagship integrated resort that Suncity jointly develops with our investment partners. Located in Central Vietnam, Hoiana is only 35 minutes away from the Danang International Airport and is located near to top tourist attractions in Danang and Hoi An. Hoiana is a world-class integrated resort with branded hotels, state-of-the-art gaming floors, multiple F&B restaurants, award-winning golf course and long pristine beaches.

Suncity is the single largest shareholder of Summit Ascent Holdings Limited (HKEx: 102), and participates in the development of future phases of Tigre de Cristal Resort in Vladivostok, Russia. Suncity is also the controlling shareholder of Suntrust Home Developers, Inc. (PSE: SUN), who is going to co-develop Westside City Project in the heart of Entertainment City in Manila, the Philippines. The main casino hotel consists of gaming floors, five-star hotel rooms, leisure clubs and other amenities, projected to be opened in 2023. The Group also offers consultancy services to large scale integrated resorts in Asia. In addition, the Group operates in the travel related product and services segment and the property segment.

Adhering to the spirit of « Innovating With Diversity, Striving For Success », Suncity Group spared no effort to develop entertainment and integrated resort products. Originated from Macau, Suncity Group actively explores integrated resort opportunities around the world.

BEIJING, Sept. 16, 2020 /PRNewswire/ — ReTo Eco-Solutions, Inc. (the « Company, » « we » or « ReTo ») (NASDAQ: RETO), a one-stop, total technology solutions provider for the healthy improvement of ecological environments, today announced that it signed a cooperation agreement with the People’s Government of Yangbi Yi Autonomous County.  Under the agreement, in Yangbi County the Company will be responsible for the planning, design and construction of an industrial park and elderly wellness town, which development is promoted by the government.

The large scale project covers 125 hectares, with 58 hectares designated for an ecologically-friendly industrial park and 67 hectares designated for an elderly wellness town providing healthcare, and serving as a destination for travel and vacations.  The geological survey for the project site is already underway, with preliminary work expected to take about four months, allowing for construction to commence in the first quarter of 2021.

Yangbi County is fast becoming an alternative eco-tourism center given its proximity to the historic, but over developed Dali City. Yangbi County is an hour’s drive from the Dali Airport and is close to Cangshan, another famous Chinese tourist attraction.  The natural environment and rich natural resources provide beneficial conditions for the development and operation of an elderly wellness town.  The area also benefits from active government support and attractive financial incentive programs designed to encourage development, eco-tourism and environmental protections.

Mr. Li Hengfang, ReTo’s Chairman and Chief Executive Officer, commented, « We greatly appreciate and value the confidence, support and partnership of the Yangbi government.  This important agreement further extends our relationship, as it builds on the previous projects we have signed in Yangbi County, for solid waste treatment, and ecological restoration, among others.  Our model of ecological restoration and industrial integration is unique and we believe offers compelling long-term benefits to the communities we operate in.  Our sustainable projects are scalable by design and help our partners achieve a better balance of social capital and environmental protection polices to the benefit of the broader society. »

Founded in 1999, ReTo (NASDAQ: RETO) is a leader in ecological innovation, with sustainable environmental priorities and seeks to empower communities through its proprietary technologies, systems and solutions, which have been used to bring clean water and fertile soil to villages and cities worldwide. The Company is founded on its strategy of Technology Improves Ecology and is a full spectrum provider of products and services, ranging from the production of environmentally-friendly construction materials, environmental protection equipment and manufacturing equipment used to produce environmentally-friendly construction materials, to project consulting, design and installation for the health and improvement of ecological environments,  such as ecological soil restoration, through solid waste treatment.  For more information, please visit:

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as « may, » « will, » « intend, » « should, » « believe, » « expect, » « anticipate, » « project, » « estimate » or similar expressions that do not relate solely to historical matters, it is making forward-looking statements.  Specifically, the Company’s statements regarding: 1) its ability to assist in environmental protection; and 2) its ability to complete the construction of the industrial park and elderly wellness town are forward-looking statements.  Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following:  the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; the growth of construction and ecological solutions in China and internationally; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic and business conditions in China and internationally and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission.  For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the U.S. Securities and Exchange Commission, which are available for review at The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

BEIJING, Sept. 16, 2020 /PRNewswire/ — WeTrade Group Inc. (US:WETG), a company providing technical services and solutions to membership-based social e-commerce, recently announced the systemic upgrade of technological services, to improve its matching with the Chinese market.

The newly upgraded technology service system strengthens the customer relationship management through strong tech and big data. The system not only improves client relationship and partnership cooperation, but also realizes crossing and additional sell service to help customers increase the company revenue. The precise marketing service and improved micro business technology service have been called « the Cloud Intelligent Brain of Micro Business » by the entire industry in China.

In the era of mobile Internet, micro business has witnessed an explosive growth, even hitting the traditional companies and seizing more market share. WeTrade Group utilizes smart tech services for micro business and social e-commerce to maintain user data and management, interact with clients and attract for more customers.

WeTrade Group was founded in July 2019. The company provides technical services and solutions as a listed SaaS business to support micro-business online stores and social e-commerce platforms. Through big-data, social recommendation relationships and multi-channel APP data statistics, the company developed a social e-commerce revenue management system in 2019. The main functions of the system are user marketing relationship implementation, CPS commission profit management, multi-channel APP data statistics, etc.

Benefiting from the e-commerce prosperity, in 2019 WeTrade Group has developed rapidly with its core revenue management system « WePay » in the Chinese market, by leveraging its advantages of configurability and expansibility of micro business revenue management system and technical service system. By the first quarter of 2020, WeTrade Group has implemented its technology into e-commerce, tourism, hospitality and short video live stream industries.

As a technical company, WeTrade Group has made profits mainly by providing technology and product service for social e-commerce and micro business. WeTrade Group leverages its technology and premium services to cooperate with other platforms in China, including Yuetao APP, Daren APP, JD zhiding APP, Yuedian APP, Lvyue APP, Yuebei APP, etc. Moreover, WeTrade Group explores supply chain, product direct purchase and online community function, to establish a micro business service system specifically for the Chinese market.

WeTrade Group looks forward to experiencing an opportunity for explosive growth and provides a better service for Chinese micro business and social e-commerce customers.

WeTrade Group Inc. provides technical services and solutions based on membership-based social e-commerce. Through big-data, social recommendation relationships, multi-channel App data statistics, etc., the Company developed a social e-commerce revenue management system, The main functions of the system are user marketing relationship implementation, CPS commission profit management, multi-channel app data statistics, etc. the system has been applied in the retail, tourism, hospitality and beauty industries, focusing on 100 million micro-business users in China. WeTrade conducts its business operations in mainland China and trial-operations in Hong Kong SAR, and Singapore etc.

BEIJING, Sept. 16, 2020 /PRNewswire/ — China Online Education Group (« 51Talk » or the « Company ») (NYSE:COE), a leading online education platform in…

HONG KONG, Sept. 16, 2020 /PRNewswire/ — Today, NewTycoon Global announced the company is expanding its innovative consumer rewards app,…

BEIJING, Sept. 16, 2020 /PRNewswire/ — WeTrade Group Inc. (US:WETG), a company providing technical services and solutions to membership-based social…

BEIJING, Sept. 16, 2020 /PRNewswire/ — ReTo Eco-Solutions, Inc. (the « Company, » « we » or « ReTo ») (NASDAQ: RETO), a one-stop, total technology…

A World-Renowned Recognition for Suncity Group HONG KONG, Sept. 16, 2020 /PRNewswire/ — Suncity Group Holdings Limited (« Suncity » or the…

BEIJING, Sept. 16, 2020 /PRNewswire/ — China Online Education Group (« 51Talk » or the « Company ») (NYSE:COE), China’s leading online English education…

TAI’AN, China, Sept. 16, 2020 /PRNewswire/ — China Customer Relations Centers, Inc. (NASDAQ: CCRC) (« CCRC » or the « Company »), a leading…

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Senior debt, Security, Finance

Actu monde – CA – Consolidated Communications Announces Intention to Offer Senior Secured Notes