NEW YORK, Oct. 1, 2014 /PRNewswire/ — NEAH GES USA, INC. ("GES") a Power Generation and Infrastructure, Maritime, Aviation, Ground Logistics, and Emergency Medical Services provider, announced today its intention to offer, subject to market and other conditions, US$100 million in aggregate principal amount of its preferred stock and senior notes maturing in 2019 and 2024 (the "senior notes").
GES is expanding its commercial business divisions on the African Continent to support customer needs. Seven out of ten fastest growing global economies are forecasted to be in Africa. Sub-Saharan Africa's particularly exciting GDP growth means that it has emerged as the dominant sub-region.
GES intends to use the net proceeds from the offering of the senior notes, together with cash on hand, to fund the proposed acquisition of Quemic's Ghana and Mozambique Operations, acquire Graspan Frankton Maritime, and the purchase of Bell twin engine 412 utility helicopters.
The senior notes will be issued in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to non-U.S. persons in offshore transactions in reliance on Regulation S under the Securities Act.
Any offer of the senior notes will be made only by means of a private offering memorandum. The senior notes are not being registered under the Securities Act, or the securities laws of any other jurisdiction, and, unless so registered, may not be offered or sold in the United States without registration or an applicable exemption from registration requirements.
About NEAH GES
NEAH Global Energy Solutions (GES) provides comprehensive logistics, power generation and risk mitigation for global energy and critical infrastructure assets. GES utilizes extensive experience within the African and Middle Eastern regions to effectively wrap energy and infrastructure assets with sophisticated physical and financial risk mitigation protocols ("GES WRAP™"). GES is an authorized vendor for the U.S. Department of State, United Nations, USAID, and other global governmental agencies. GES expertise provides commercial and governmental organizations comprehensive risk mitigation solutions unparalleled in the global marketplace. More information on GES and its services can be found at www.gesglobal.us
Note to Investors
This press release contains certain forward-looking statements based on our current expectations, forecasts and assumptions that involve risks and uncertainties. This release does not constitute an offer to sell or a solicitation of offers to buy any securities of any entity. Forward-looking statements in this release are based on information available to us as of the date hereof. Our actual results may differ materially from those stated or implied in such forward-looking statements, due to risks and uncertainties associated with our business. Forward-looking statements include statements regarding our expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," and "would" or similar words. We assume no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.
Aaron Williamson
NEAH GES
+41 78 721 5993