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ReGen III Engages Raymond James
Vancouver, British Columbia--(Newsfile Corp. - March 13, 2023) - ReGen III Corp. (TSXV: GIII) (O...
About this update from Regen Iii Corp
[{"type":"text","content":"ReGen III Engages Raymond JamesVancouver, British Columbia--(Newsfile Corp. - March 13, 2023) - ReGen III Corp. (TSXV: GIII) (OTCQX: ISRJF) (FSE: PN4) (\"ReGen III\" or the \"Company\") is pleased to announce the engagement of Raymond James & Associates Inc. (\"Raymond James\"), a subsidiary of Raymond James Financial, Inc. (NYSE: RJF).Raymond James will act as an initial purchaser or placement agent to ReGen III for debt instruments or debt obligations issued by ReGen III to finance the Company's Texas recycling project. The placement of these debt instruments may include the participation of commercial lenders and/or certain United States governmental agencies. The services to be provided by Raymond James are over and above the existing debt proposals ReGen III received from lenders such as Export Development Canada.Working with Raymond James to secure comprehensive, project-level debt coverage is complementary to the Company's recently announced engagement of National Bank Financial Inc. for financial advisory and investment banking services in support of existing and proposed project-level financing structures, and to secure US$150 million in equity.Greg Clarkes, Chairman & CEO of ReGen III stated, \"We look forward to working with Raymond James, a proven leader in U.S. debt financings. Through Raymond James' broad institutional client footprint, ReGen III will be showcasing its Texas project to a much wider American audience. We are excited about the prospects of securing additional project debt financing opportunities arising from the engagement of Raymond James and we look forward to building a successful, long-term relationship that translates into significant value for our shareholders.\"About Raymond James FinancialRaymond James Financial, Inc. (NYSE: RJF) is a leading diversified financial services company providing private client group, capital markets, asset management, banking and other services to individuals, corporations, and municipalities. The company has approximately 8,700 financial advisors. Total client assets are $1.22 trillion. Public since 1983, the firm is listed on the New York Stock Exchange under the symbol RJF. Additional information is available at www.raymondjames.com.About ReGen IIIReGen III is a cleantech company commercializing disruptive, patented technology to recycle used motor oil ...