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Moody's Investors Service ("Moody's") assigned a Ba2 rating to the senior unsecured notes to be issued by Turkiye Sise ve Cam Fabrikalari A.S. (Sisecam). Sisecam will issue new 5-7 years USD-denominated benchmark size notes and use the proceeds to repay some of its $500 million senior unsecured notes due 2020 and for general corporate purposes. "The issuance will improve Sisecam's liquidity by lengthening its debt maturity profile.", says Thomas Le Guay, a Moody's Analyst and local market analyst for Sisecam.
Israel-based SodaStream, a carbonated drink-machine maker bought this year by Pepsico for $3.2 billion, is establishing a manufacturing plant in the Gaza Strip, its chief executive said on Thursday. The economy there is stifled by an Israeli-Egyptian blockade on the territory and disputes with the Western-backed Palestinian Authority based in the West Bank. SodaStream CEO Daniel Birnbaum told the Globes business conference that the company's factory in Israel has succeeded with a mixed workforce of Jews and Arabs, and they are looking to expand that.
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PepsiCo (PEP) informed the market Wednesday that the acquisition of SodaStream International Ltd. (SODA) has been completed following the purchase of all outstanding common stock of the company at a price of $144 per share. SodaStream International is an Israel-based company engaged in the production, distribution and sale of home beverage carbonation systems. SodaStream's home beverage carbonation systems transform tap water into sparkling water, which can also be flavored.
The video features a singing sea turtle calling on people to take responsibility and make the simple and meaningful life change of going reusable.The video acts as a metaphor for the green hills and blue oceans that have, over the years, become littered by plastic waste. "Plastic has become a pandemic threat with its impact upon human health still unknown, but with devastating environmental consequences to our oceans and marine life," said Daniel Birnbaum. Lead by Sir Rod Stewart as the sea turtle, recurrent celebrity Thor "The Mountain" Bjornsson, rising talent Sarah Catherine Hook, a choir of people and marine animals injured by plastic parts sing extract from "Ocean of Change", song written for SodaStream for this campaign.
Coffee-and-soda company Keurig Dr Pepper and energy drink giant Monster Beverage reported better-than-expected third-quarter earnings late Wednesday.
SodaStream (SODA) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
NEW YORK , Oct. 30, 2018 /PRNewswire/ -- Alnylam Pharmaceuticals, Inc. (ALNY) Lifshitz & Miller announces investigation into possible securities laws violations in connection with FDA reviewers having ...
CEO Daniel Birnbaum Leads 300 SodaStream Executives from Around the World, Local Youth and Environmental NGOs to Clean Caribbean Sea and Roatán Shores AIRPORT CITY, Israel , Oct. 15, 2018 /PRNewswire/ ...
The 16 percent surge in profits was a victory for Indra Nooyi on her last day as CEO, after years of facing pressure to sell or spin the company's beverage business as its growth has lagged behind that of its Frito Lay, Tostitos, Lays chips and other packaged snacks.
As part of its continual expansion strategy, Hilton (HLT) launches hotel in the Middle East after making a mark in China, Latin America and Europe.
Ivan Feinseth of Tigress Financial Partners says PepsiCo has to continue developing or acquire "alternative" brands in the sparkling water, flavored teas or sport drinks space.