Author: sHq_LoGiNz
FLORHAM PARK, N.J., Sept. 22, 2025 /PRNewswire/ — Reworld Holding Corporation (the “Company”) announced today that as of 5:00 p.m., New York City time, on September 22, 2025, which was the Expiration Date (as defined in the Company’s Offer to Purchase and Consent Solicitation Statement dated August 22, 2025 (as amended and supplemented from time to time, the “Statement”)) of the Company’s previously announced cash tender offer (the “Offer”) and related consent solicitation (the “Consent Solicitation”) in respect of any and all of its outstanding 5.000% Senior Notes due 2030 (the “Notes”), as reported by the information and tender agent, it had received tenders and consents from holders of $379,576,000 aggregate principal amount, or approximately 94.89%, of the outstanding Notes. The settlement date is expected to occur on September 24, 2025 (the “Settlement Date”). The Company also announced that on the Settlement Date, it will accept for purchase all Notes validly tendered and not validly withdrawn pursuant to the terms of the Offer.
Holders who validly tendered Notes at or before 5:00 p.m., New York City time, on September 5, 2025 (the “Early Tender Date”), and whose Notes are accepted for purchase, will be eligible to receive the total consideration equal to $1,000.00 per $1,000.00 principal amount of Notes purchased in the Offer. Holders who validly tendered Notes after the Early Tender Date and at or before the Expiration Date, and whose Notes are accepted for purchase, will be eligible to receive the tender offer consideration equal to $950.00 per $1,000.00 principal amount of Notes purchased pursuant to the Offer. In addition, holders whose Notes are purchased in the Offer will receive accrued and unpaid interest in respect of their purchased Notes from the last interest payment date of the Notes up to, but not including, the Settlement Date.
On September 5, 2025, the Company and Computershare Trust Company, N.A., as trustee (the “Trustee”), executed a supplemental indenture with respect to the Notes (the “Supplemental Indenture”) to authorize the elimination of substantially all of the restrictive covenants, all reporting obligations, certain events of default and related provisions contained in the indenture governing the Notes (the “Proposed Amendments”). The Proposed Amendments will become operative on the Settlement Date upon the Company’s acceptance for purchase of the Notes validly tendered pursuant to the Offer.
Barclays Capital Inc. acted as dealer manager and solicitation agent (the “Dealer Manager and Solicitation Agent”) for the Offer and the Consent Solicitation. Questions regarding the terms of the Offer and the Consent Solicitation can be directed to the Dealer Manager and Solicitation Agent at (800) 438-3242 (toll free) and (212) 528-7581 (collect).
The information and tender agent for the Offer and Consent Solicitation was Global Bondholder Services Corporation. Holders with questions may call Global Bondholder Services Corporation, toll-free at (866) 807-2200 or (212) 430-3774 (collect).
This news release is for informational purposes only and does not constitute an offer to buy or the solicitation of an offer to sell the Notes. The Offer and the Consent Solicitation were made only pursuant to the Statement and the related tender offer documents.
About Reworld Holding Corporation
Reworld Holding Corporation or Reworld™, headquartered in Florham Park, New Jersey, is a leader in sustainable waste solutions, providing innovative and environmentally responsible services to a global community. Reworld™ is committed to advancing zero waste initiatives and supporting sustainability goals through state-of-the-art technologies that reimagine, reduce, reuse, recycle, recover, and renew. For more information, visit www.reworldwaste.com.
Cautionary Statement on Forward-Looking Statements
Information provided and statements contained in this press release that are not purely historical are forward-looking statements within the meaning of the applicable securities laws. Certain statements in this press release may constitute forward-looking information within the meaning of securities laws. Forward-looking information may relate to the Company’s future outlook and anticipated events, business, operations, financial performance, financial condition or results and, in some cases, can be identified by terminology such as “may”; “will”; “should”; “expect”; “plan”; “anticipate”; “believe”; “intend”; “estimate”; “predict”; “potential”; “continue”; “foresee”, “ensure” or other similar expressions concerning matters that are not historical facts. The reader should not place undue importance on forward-looking information and should not rely upon this information as of any other date. The Company will not update these statements unless applicable securities laws require it to do so.
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SOURCE Reworld Holding Corporation
Karin Bernkopf recognized with ‘Patty Becker Pay it Forward Award’; Michelle Schenk
named one of ’10 Women Rising in Gaming’
LAS VEGAS, Sept. 22, 2025 /PRNewswire/ — IGT announced today that two IGT leaders have been recognized by Global Gaming Women (“GGW”) for their contributions and leadership in the gaming industry, their organization, and community. Karin Bernkopf, IGT Vice President of U.S. Gaming Marketing, Global Creative Services and Licensing, is a recipient of GGW’s 2025 “Patty Becker Pay it Forward Award.” Michelle Schenk, IGT Director of Global Communications, was named an honoree in this year’s class of “10 Women Rising in Gaming,” an award presented by GGW in partnership with CDC Gaming.
“Global Gaming Women is thrilled to honor Karin Bernkopf with the ‘Patty Becker Pay it Forward Award’ and recognize Michelle Schenk as one of ’10 Women Rising in Gaming,'” said Lauren Bates, GGW President. “The recipients in each award program represent GGW’s values and propel its vision of advancing women in the gaming industry. We look forward to celebrating all the honorees of both programs at special events in October.”
“IGT congratulates Karin Bernkopf and Michelle Schenk on being recognized by Global Gaming Women for their outstanding achievements in the gaming industry,” said Nick Khin, IGT CEO Gaming. “These accolades reflect Karin and Michelle’s dedication and leadership at IGT, in the community, and beyond, and we celebrate their commitment to paving the way for future leaders in gaming.”
With over two decades of experience in gaming marketing, Bernkopf is a seasoned leader who has been instrumental in launching many successful IGT marketing campaigns and branding initiatives. Throughout her career, Bernkopf has been passionate about mentoring and empowering others. As the Chair of GGW’s Mentorship Committee, she supports initiatives such as the One Up One Down mentorship program, which fosters career growth for women in the gaming industry, and champions GGW’s Lean-In Circles, which create spaces for women to connect, learn, and thrive. Before joining IGT, Bernkopf honed her marketing and brand expertise at Caesars Entertainment and Walgreens.
With experience spanning the operator and supplier sides of the gaming sector, Schenk is a proven communications leader who has led impactful B2B and B2C public relations campaigns for globally recognized brands. Her contributions have landed IGT slot games in top-tier media outlets, generating millions of impressions for the Company’s people and products. Schenk is a people-first professional who leads by example and has recently increased her involvement in GGW. Prior to joining IGT, Schenk worked for Caesars Entertainment and a Las Vegas-based marketing agency that represented casino-resort clients.
To learn more about GGW or purchase tickets for the 15th Annual Kick Up Your Heels event at Wynn Las Vegas on Wednesday, Oct. 8, 2025, visit GGW.org. For more information on IGT, visit IGT.com and follow us on LinkedIn.
About IGT
IGT is a leading global provider of gaming, digital and financial technology solutions, formed through the combination of International Game Technology PLC’s Gaming & Digital Business and Everi Holdings Inc. IGT’s offering spans gaming machines, game content and systems, iGaming, sports betting, cash access, loyalty and player engagement solutions, enabling it to deliver integrated, customer-centric experiences across land-based and digital environments. Organized into Gaming, Digital and FinTech business units, IGT drives innovation, efficiency and value for casino, digital and hospitality operators worldwide. The company is headquartered in Las Vegas.
Contact:
Phil O’Shaughnessy, Global Communications, toll free in U.S./Canada +1 (844) IGT-7452; outside U.S./Canada +1 (775) 448-0257
© 2025 IGT
The trademarks and/or service marks used herein are either trademarks or registered trademarks of IGT, its affiliates or its licensors.
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SOURCE IGT
By Eric Best
It’s a simple fact many take for granted: Where you live can influence the smallest details of life. For affordable housing developments, adding amenities and services like a community center, recreation center, communal garden, reading rooms, and coworking spaces could drastically enhance the quality of life for residents, improving chances at long-term success and economic mobility.
Just ask Antoine Lewis.
Lewis, a lifelong resident of Sunnydale, San Francisco’s largest public housing project, said he and his neighbors not only feel better today but are doing better, too. The difference is the result of a groundbreaking rebuild of an entire 50-acre community now under construction in one of the densest cities in America.
“Sometimes, [the old Sunnydale buildings] might’ve brought peoples’ attitude and behavior down, just because [they were] waking up to an environment like that. Now it looks a little brighter. There’s more greenery. It’s just better,” he said. “When you see better, you do better.”
Sunnydale co-developers Mercy Housing California and Related California are aiming to do more than provide housing, but strengthen community, too.
“It’s not just about the brick and mortar of rebuilding homes. It’s about how we create comfortable, vibrant communities,” said Ashlei Hurst, Mercy Housing’s vice president of community life, who is overseeing the revitalization of Sunnydale. “Our focus is on belonging. Do you feel like you belong here and can thrive here?”
At Sunnydale, many of these services are housed at The Hub, a 30,000-square-foot community center. It’s where residents and even neighbors who aren’t Sunnydale residents eat free meals and drink coffee, practice yoga, play board games, or enjoy amenities like a recording studio and library. Across the street, a new resource center offers counseling and supportive services.
For Lewis and his family, the new Wu Yee Children’s Services early learning center in the nearby Hub means his son, a toddler, has a place to be active during the day.
“The Hub is a really nice place to have a whole lot of activities here for people to do and everything,” he said.
Envisioning the next generation of community-building
The Hub is more than a community center for residents who’ve lived at Sunnydale for decades without many amenities. It’s become something for them to rally around.
“This is the heart of the neighborhood,” Hurst said. “People from all over San Francisco come to The Hub right now.”
To make The Hub and Sunnydale’s lengthy list of resources not only possible but sustainable, the development team turned to philanthropic partners in addition to traditional funding sources like city and state funds. “This work began more than a decade before construction started,” said Tiffany Bohee, president of Mercy Housing California. “In a neighborhood long underserved, The Hub represents lasting change made possible through investments by Mercy Housing California and a coalition of philanthropic partners who believe in Sunnydale’s future.”
“We’ve been longtime supporters of Mercy Housing to give people with limited income really good options for housing,” said Darlene Goins, president of the Wells Fargo Foundation, which contributed $1 million to seed a new endowment that funds The Hub’s resident services.
Wells Fargo, an early collaborator, supported multiple parts of the revitalization.
“The bank provided financing to 4 phases of the affordable housing project totaling more than $535 million in debt, equity, and permanent financing. The bank also provided $13.1 million in equity investment in New Market Tax Credit for the Community Center, bringing the total Community Lending and Investment (CLI) into Sunnydale to approximately $549 million.”
A development like Sunnydale that doesn’t displace residents and builds belonging is “some of the hardest work you can do” as a developer, Hurst said, but it will be a win if people feel proud of their community. It will be another win if others can look to Visitacion Valley as an example of how a neighborhood can be rebuilt in a way that honors residents, new and old.
“I would like [Sunnydale’s revitalization] to be replicated,” Hurst said. “If we’ve figured out some of the pieces and also share lessons learned, I think it would be helpful for the next generation of people who are trying to do this in their neighborhoods.”
Inside a resident-focused approach to affordable housing
Emerging building by building are Mercy Housing’s colorful four-story apartments with affordable hoimes. Even the original street grid is getting a modern overhaul.
Key to the developers’ resident-centered “housing-first” model is not displacing residents who choose to stay, Hurst said, a principle baked into the project as part of the HOPE SF initiative. So, as new homes become available, Sunnydale residents — including many who’ve lived there for decades — move in.
Plus, once completed, the project will add room for hundreds more families, with roughly 1,000 affordable units and potential for 600–700 market-rate apartments with a development partner.
This community-building approach addresses residents’ needs and intentionally creates places and moments for them to connect. Mercy Housing staff, including several Visitacion Valley residents, surveyed hundreds of neighbors to hear what they needed firsthand.
Commercial spaces will add a grocery store, a café, and a food hall, among other shops. Residents can connect over meals or cooking classes in The Hub’s community kitchen, too.
“The way we think about it is creating a community where people can be more self-sufficient within their own neighborhood,” said Julia Katz, Mercy Housing California commercial developer. “This not only makes people’s lives easier, because they can walk to services and goods, but it can also bring [them] together in really meaningful ways.”
Connections are forming. Hub activities like senior programs and art classes have brought Tim Harrison, who’s called Sunnydale home since the 1970s, out to socialize more.
“I’m happy to see Sunnydale changing and bringing in a lot of new people, bringing in businesses and stores,” he said. “The sudden change is something new for us and for new people — a new generation — to enjoy.”
Key takeaways
- Adding services and amenities to affordable housing could improve the success and economic mobility of residents, a new housing model asserts.
- Nonprofit affordable housing developer Mercy Housing California and its team are using an innovative approach to revitalizing San Francisco’s largest public housing project to address residents’ long-term needs.
- Because of its complexity, the revitalization of the Sunnydale community relies on private and philanthropic supporters like Wells Fargo and the Wells Fargo Foundation.
To learn more, please visit Wells Fargo Stories.
TEMPE, Ariz., Sept. 22, 2025 /PRNewswire/ — Arizona State University (ASU) has received an unprecedented $115 million donation from the Rob Walton Foundation, the largest philanthropic gift in the university’s history, to establish the Rob Walton School of Conservation Futures.
$115 million donation from the Rob Walton Foundation to ASU to establish the Rob Walton School of Conservation Futures.
The new school, designed to redefine global conservation science and workforce development, will be housed within the newly renamed Rob Walton College of Global Futures. The donation underscores Walton’s decades-long commitment to sustainability and planetary health.
“Rob Walton’s longstanding support has been critically important to ASU’s leadership and growth in sustainability,” said ASU President Michael Crow. “He shares our institutional belief that there is an urgent need to tackle the challenges facing our planet — as well as an unbelievable opportunity to find new solutions by dedicating our time, creativity and resources to the task.”
The Rob Walton School of Conservation Futures will offer graduate and undergraduate degrees and certificate programs, and prepare future leaders in biodiversity and conservation science. The school will collaborate with local and global NGOs, governments, Indigenous communities and private-sector partners to create holistic conservation strategies rooted in combining diverse knowledge systems.
Key elements of the initiative include:
- The Rob Walton Chair, for the person who will lead the new school.
- Three named professorships to drive research and education.
- The Rob Walton Scholars Fund, offering full and partial scholarships.
“Nature doesn’t recognize borders,” said Rob Walton, philanthropist, conservationist and former Walmart chairman. “To protect ecosystems, we need international cooperation, innovative leadership and a skilled workforce.”
“The Rob Walton School of Conservation Futures is redefining conservation science to address the challenges of a rapidly changing world,” said Peter Schlosser, ASU vice president and vice provost of Global Futures. “Through its central mission of transforming conservation education for a thriving planetary future, this new academic entity is not just preserving ecosystems — it is developing adaptive solutions to ensure sustainable pathways for future generations.”
Conservation International chairman emeritus Peter Seligmann, a key figure in the school’s creation, highlighted the importance of this cross-sector, globally minded approach.
“Solving the planet’s greatest conservation challenges requires the wisdom, innovation and leadership of people from all corners of the world,” said Seligmann.
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SOURCE Arizona State University – Media Relations
