Navigation Links
American Pacific Reports Fiscal 2013 First Quarter Results; Reaffirms Full Year Guidance
Date:2/7/2013

nce costs of approximately $1.4 million, each incurred in connection with our October 2012 refinancing activities. 

Debt Refinancing and Interest Rate Swap Agreement – In October 2012, we called and terminated our remaining senior notes with an aggregate principal amount of $65.0 million and replaced the notes with a credit facility that includes a $60.0 million term loan and a committed $25.0 million revolving credit line.  Funds used to call the notes of $68.3 million were provided by the net proceeds from the term loan and available cash balances.  The term loan requires quarterly principal and interest payments, which differs from the senior notes which had no principal amortization requirements.  We do not anticipate that the principal payment requirements under the new facility will have a significant impact on our liquidity because we expect that the cash requirements for principal payments will be substantially offset by lower interest expense. 

On January 24, 2013, we entered into a floating-to-fixed interest rate swap with an initial notional amount of $58.9 million (such notional amount reducing over the life of the arrangement), terminating October 26, 2017, which will effectively convert our floating-rate debt to a fixed rate. Under the terms of the swap, we will pay a fixed rate of approximately 0.775% and we will receive a floating-rate payment tied to the one-month LIBOR.

OUTLOOKWe are reaffirming our guidance for Fiscal 2013.  We expect consolidated revenues of at least $200.0 million and Adjusted EBITDA of at least $43.0 million. We are anticipating our capital expenditures, which do not include environmental remediation spending, for Fiscal 2013 to range from approximately $12.0 to $14.0 million.

Our Fiscal 2013 guidance for Adjusted EBITDA is computed by adding estimated amounts for depreciation and amortization of $14.0 million, interest expense and refinancing costs of $5
'/>"/>

SOURCE American Pacific Corporation
Copyright©2012 PR Newswire.
All rights reserved

Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18

Related medicine technology :

1. CVS Caremark Encourages Heart Healthy Behavior During American Heart Month
2. Henry Schein, Supplier Partners Join American Dental Association On Eleventh Annual Give Kids A Smile Day
3. Home Access Health Corp. encourages cholesterol testing during American Heart Month, beyond
4. As Cold and Flu Season Peaks, The American Association of Poison Control Centers Teams up with Scholastic to Educate 6th Graders about Over-the-Counter Medicine Safety
5. New Pre-Clinical and Clinical Data on GeNO LLCs Nitric Oxide Delivery Systems to Be Presented at 2013 American College of Cardiology and American Thoracic Society Medical Meetings
6. Acclaimed Eye and Skincare Physician Dr. Nasrin Mani Now "Double Boarded" by the American Board of Cosmetic and Aesthetic Medicine
7. American Capital Receives $60 Million From The Sale Of Lifoam Holdings And Generates An 11% Return On Its Investment
8. Earnings Forecast Stock Alerts: American International Group, Teva Pharmaceutical, CSX, Exxon Mobil, Lowes, and Seagate
9. Americans United for Life Celebrates Win for Illinois Conscience Rights in Case AUL Championed Since 2005
10. Follow-up Results of Phase 2 Study of Investigational Agent, Ibrutinib, in Relapsed/Refractory Mantle Cell Lymphoma Presented at American Society of Hematology Annual Meeting
11. Ambit and Astellas Announce Presentation of Results from Phase 2 ACE Study of Quizartinib in Patients with Relapsed or Refractory Acute Myeloid Leukemia (AML) at the 54th Annual Meeting of the American Society of Hematology
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:1/22/2015)... 2015 /PRNewswire/ - Pivotal Therapeutics Inc. (OTCQX:PVTTF; CSE:PVO), ("Pivotal" or the ... therapies for cardiovascular disease and overall health is pleased to ... 2014 and its outlook for 2015 from the CEO, Mr. ... We would like to take this opportunity to share ...
(Date:1/22/2015)... MINNEAPOLIS , Jan. 22, 2015  Bio-Techne Corporation (NASDAQ: ... launched Ella, the first member of the new Simple ... ProteinSimple brand.  This launch represents the re-branding of the ... The Simple Plex platform is a transformative immunoassay technology ...
(Date:1/22/2015)... NEWBURY PARK, Calif. , Jan. 22, 2015 ... drive the continued consolidation of localization purchasing in 2015, ... According to a recent study by market ... studied chose a single-source solution for their translation and ...
Breaking Medicine Technology:Pivotal Therapeutics: Year in Review and CEO Update 2Pivotal Therapeutics: Year in Review and CEO Update 3Pivotal Therapeutics: Year in Review and CEO Update 4Pivotal Therapeutics: Year in Review and CEO Update 5Pivotal Therapeutics: Year in Review and CEO Update 6Pivotal Therapeutics: Year in Review and CEO Update 7Bio-Techne Launches Simple Plex Platform 2Bio-Techne Launches Simple Plex Platform 3Moravia Sees Single-Sourcing as Key Localization Trend in 2015 2
... CLEVELAND, Nov. 10 /PRNewswire/ -- JumpStart ... accelerates the progress of high growth early-stage businesses, ... in Checkpoint Surgical, LLC. A spinout of NDI ... is developing and commercializing a surgical handheld disposable ...
... Thoratec Corporation (Nasdaq: THOR ), a world ... support and restore failing hearts, said today that it ... Conference on Tuesday, November 10. , The presentation by ... begin at 8 a.m., Pacific Standard Time (11 a.m., ...
Cached Medicine Technology:JumpStart Invests in Checkpoint Surgical 2JumpStart Invests in Checkpoint Surgical 3
(Date:1/22/2015)... 2015 Carinsurancesavings.biz has released a new blog ... dismemberment insurance . , Purchasing an accidental death and ... advantageous. This type of rider provides benefits if the insured ... considered a lesser form of life insurance. , AD&D ...
(Date:1/22/2015)... York, NY (PRWEB) January 22, 2015 ... College of Sports Medicine flagship journal Medicine & ... with L-Citrulline before exercise may help reduce gastrointestinal ... exercise. 1 , Participants in the double-blind, ...
(Date:1/22/2015)... Recently, Weddingshe.com has added many trendy Champagne wedding ... revenues in the past three years. Today, the business announces ... According to the sales manager of the company, this is ... 2015. This point can be reflected on the discounted wedding ...
(Date:1/22/2015)... 22, 2015 Four years since the release of ... coincided with the marriage of Avasa & Matthew Love – the ... is scheduled for release through White Swan Records on February 24, ... is a sacred path available to all of us to walk ...
(Date:1/22/2015)... EBSCO Information Services (EBSCO) and the ... an effort to further promote visibility and adoption of the ... made AMA journals available via its subscription services, EBSCO will ... , Long known as both a subscription agency ...
Breaking Medicine News(10 mins):Health News:Accidental Death and Dismemberment Insurance Can Be Purchased at Low Prices Online 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 2Health News:Study Shows Kyowa Hakko’s L-Citrulline May Help Reduce Gastrointestinal Injury During Strenuous Exercise 3Health News:Weddingshe Announces A Special Offer On Its Popular Glamorous Wedding Dresses 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 2Health News:THE ROAD by Avasa & Matthew Love -- A New Album 3Health News:THE ROAD by Avasa & Matthew Love -- A New Album 4Health News:EBSCO Expands Partnership with the American Medical Association 2Health News:EBSCO Expands Partnership with the American Medical Association 3Health News:EBSCO Expands Partnership with the American Medical Association 4
... cost effective, MRI is most often used to evaluate ... utilizing an ultrasound as the initial imaging test for ... alternative and concurrent diagnoses, can be a very effective ... the 2011 American Roentgen Ray Society,s annual meeting. , ...
... HOUSTON (May 4, 2011) A clinical trial to ... help pregnant women stop smoking has begun enrollment at The ... The study targets pregnant women in their second and ... fetus, said Angela Stotts, Ph.D., associate professor in the Department ...
... cancer in the mouth or throat, a recent study ... assist in preventing a radiation-induced condition called xerostomia. ... glands stop working. University of Alberta researcher Jana Rieger ... the after-effects of having surgery and anestheticbut the feeling ...
... for cancer during childhood have an increased risk ... according to a new study in Gastroenterology ... Association (AGA) Institute. Compared with their siblings, cancer ... of the upper GI tract, lower GI tract ...
... Institute for Operations Research and the Management Sciences (INFORMS) ... this June. INFORMS Healthcare 2011 takes place at the ... , The topics will range from improving the scheduling ... to using new algorithms for beaming radiation at cancer ...
... are overweight and obese people getting? More than ... from Case Western Reserve University,s Frances Payne Bolton School ... Journal of the American Academy of Nurse Practitioners ... overweight individuals." Deborah Walton Smith, who is now ...
Cached Medicine News:Health News:Ultrasound combined with pre-operative MRI is cost effective in evaluating rotator cuff tears 2Health News:New UTHealth trial aimed at helping pregnant women stop smoking 2Health News:U of A study finds ways to help end dry mouth in cancer patients 2Health News:Childhood cancer survivors are at increased risk for ongoing post-therapy GI complications 2Health News:Making the move to exercise for overweight and obese people 2
... UroPass II Open Tip Ureteral ... benefits of the UroPass. In addition, ... helps to achieve easier stent placement ... calyx. The result is a remarkably ...
... Multi-Flex Open Tip Ureteral Stents feature teardrop ... tapered tips and hydrophilic coating for ease ... minimized irritation to the trigone. The Multi-Flex ... a firmer kidney segment provides pushability for ...
... Maintaining the proper patient position during ... and outcome of ophthalmic procedures. Not every ... their own, and slight movements can compromise ... reposition the patient. The Rousseau chin-lift stabilizer ...
The HSV 1 and 2 IgG EIA kit provides qualitative and semi-qualitative detection in serum samples....
Medicine Products: