Rentech Inc. of Denver plans to sell $50 million of convertible debt due in 2013. The debt offering, which pays 4 percent interest, will go toward working capital and to finance the energy company’s acquisition of Royster-Clark Nitrogen, an East Dubuque, Ill.-based fertilizer-plant operator.
Qwest will hire about 120 workers as part of its plans to expand a call center in Sioux Falls, S.D., the Denver-based phone company said Thursday.
Queenstake Resources Ltd. of Denver has closed its equity private placement with Newmont Canada Ltd., a subsidiary of Denver-based Newmont Mining Corp. Newmont purchased 28.5 million Queenstake common shares for gross proceeds of about $10 million.
The Nichols Partnership, developer of the Clayton Lane project in Cherry Creek North, announced that the mixed-use development at East Second Avenue and Clayton Street was named a finalist for the Urban Land Institute’s 2006 Award of Excellence. The international award recognizes projects for excellence in architectural design, land-use practice and financial viability.
Colorado Governor’s Office of Energy Management and Conservation will host a workshop on small-scale wind-energy development and financing, to promote renewable energy and financial opportunities on Colorado’s Eastern Plains, on April 20 at 10 a.m. at the Old Town Museum in Burlington. Co-hosts for the workshop include the Colorado Office of Economic Development and International Trade, the Department of Agriculture, and the Department of Energy’s National Renewable Energy Laboratory. For information, call Angela Crooks at 303-866- 2309.
Vericept Corp. a Denver- based provider of compliance and content-control solutions, announced Thursday that Inova Health System of Northern Virginia, has selected the Vericept 360 Degree Risk Management Platform to protect the health system’s confidential patient and organizational data.
Young Americans Center for Financial Education has been awarded a $25,000 grant from Arrow Electronics. The gift will allow hundreds of fifth- and seventh-grade students to participate in hands-on programs that teach youngsters about free enterprise and global economics.
FirstBank Holding Co. of Lakewood on Thursday reported net income of $26 million for the quarter ended March 31. Net income represented a return on average assets of 1.46 percent and return on average shareholders’ equity of 19.6 percent.
Better Business Bureau of Southern Colorado in Colorado Springs announced Thursday that the Council of Better Business Bureaus is seeking outstanding, ethical high school juniors and seniors to enter its second annual BBB International Student Ethics Award competition. For information online, visit www.bbb.org/BizEthics/studentForm.asp.
