Debenture

Queen's Road Capital Announces Completion of Los Andes Investment

Retrieved on: 
Thursday, June 3, 2021
Corporate finance, Finance, Money, Financial economics, Debenture, Debt, Queens Road, Convertible bond

Hong Kong, Hong Kong--(Newsfile Corp. - June 3, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce that it has completed its previously-announced US$5,000,000 investment in Los Andes Copper Ltd. ("Los Andes").

Key Points: 
  • Hong Kong, Hong Kong--(Newsfile Corp. - June 3, 2021) - Queen's Road Capital Investment Ltd. (TSXV: QRC) (the "Company" or "Queen's Road Capital") is pleased to announce that it has completed its previously-announced US$5,000,000 investment in Los Andes Copper Ltd. ("Los Andes").
  • Queen's Road Capital now holds US$5,000,000 aggregate principal amount of unsecured convertible debentures.
  • The debentures are convertible at the Company's option into common shares of Los Andes at a conversion price of C$10.82 per share.
  • Queen's Road Capital's investment portfolio has generated substantial unrealized gains since our establishment last year and we will continue to build on these successes."

Sienna Announces Completion of $125 Million Offering of 2.82% Series C Senior Unsecured Debentures

Retrieved on: 
Thursday, June 3, 2021
Finance, Financial markets, Money, Corporate finance, Debenture, Debt, Sienna Senior Living, Canadian Imperial Bank of Commerce, TD Securities, Security

NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Key Points: 
  • NOT FOR DISSEMINATION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    MARKHAM, Ontario, June 03, 2021 (GLOBE NEWSWIRE) -- Sienna Senior Living Inc. (Sienna) (TSX: SIA) announced today that it has completed its previously announced offering (the Offering) of $125 million aggregate principal amount of series C senior unsecured debentures (the Debentures).
  • The Offering was led by TD Securities Inc., BMO Capital Markets and CIBC Capital Markets, as joint lead agents and bookrunners.
  • The Debentures carry a coupon rate of 2.82% per annum and will mature on March 31, 2027.
  • Sienna will use the net proceeds from the Offering to repay existing indebtedness and for general corporate purposes.

Los Andes Copper Announces Closing of the US$5 Million Convertible Debenture

Retrieved on: 
Thursday, June 3, 2021
Finance, Money, Financial markets, Corporate finance, Stock market, Debenture, Debt, Convertible bond, Security, Andes

Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes" or the "Company") is pleased to report the closing and funding of the US$5,000,000 Convertible Debenture issued to Queen's Road Capital Investment Ltd. ("Queen's Road Capital") announced on May 3, 2021.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - June 3, 2021) - Los Andes Copper Ltd. (TSXV: LA) ("Los Andes" or the "Company") is pleased to report the closing and funding of the US$5,000,000 Convertible Debenture issued to Queen's Road Capital Investment Ltd. ("Queen's Road Capital") announced on May 3, 2021.
  • In accordance with National Instrument 45-102 - Resale of Securities, unless permitted under securities legislation, Queen's Road Capital must not trade the Convertible Debenture before October 3, 2021.
  • The metallurgical testwork carried out has confirmed a copper recovery of 91.4% and the production of a high-quality clean concentrate.
  • About Los Andes Copper Ltd.
    Los Andes Copper Ltd. is a development company with a 100% interest in the Vizcachitas Project in Chile.

North American Construction Group Ltd. Announces Completion of $65 Million Offering of 5.50% Convertible Unsecured Subordinated Debentures

Retrieved on: 
Tuesday, June 1, 2021
Finance, Money, Sports, Corporate finance, Debenture, Debt, U.S. Newswire

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE U.S.
    ACHESON, Alberta, June 01, 2021 (GLOBE NEWSWIRE) -- North American Construction Group Ltd. (NACG or the Company) (TSX/NYSE: NOA) is pleased to announce the closing of its previously announced offering (the Offering) of 5.50% convertible unsecured subordinated debentures of the Company (the Debentures) for aggregate gross proceeds of $65.0 million.
  • The Debentures commence trading on the TSX today under the symbol NOA.DB.B.
  • North American Construction Group Ltd. (www.nacg.ca) is one of Canadas largest providers of heavy construction and mining services.
  • You may obtain these documents for free by visiting EDGAR on the SEC website at www.sec.gov or SEDAR on the CSA website at www.sedar.com.

Atrium Mortgage Investment Corporation Announces Early Redemption of 5.50% Convertible Debentures

Retrieved on: 
Friday, May 28, 2021
Finance, Money, Sports, Corporate finance, Debenture, Debt, Redemption value, Redemption

Toronto, Ontario--(Newsfile Corp. - May 28, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB.B) (TSX: AI.DB.C) (TSX: AI.DB.D) (TSX: AI.DB.E) ("Atrium") announced today that it plans to redeem early all of its outstanding 5.50% convertible unsecured subordinated debentures due September 30, 2021 (the "Debentures").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - May 28, 2021) - Atrium Mortgage Investment Corporation (TSX: AI) (TSX: AI.DB.B) (TSX: AI.DB.C) (TSX: AI.DB.D) (TSX: AI.DB.E) ("Atrium") announced today that it plans to redeem early all of its outstanding 5.50% convertible unsecured subordinated debentures due September 30, 2021 (the "Debentures").
  • On the Redemption Date, Atrium will pay holders of the Debentures a redemption price equal to $1,000 for each $1,000 principal amount of Debentures and all accrued and unpaid interest up to but excluding the Redemption Date.
  • Atrium intends to use cash on hand to pay the redemption price of the redeemed Debentures.
  • Beneficial holders of the Debentures are encouraged to contact their investment dealer to coordinate the surrender of their Debentures or if they have any questions about the redemption.

DTE Energy announces redemption of 2016 Series B 5.375% junior subordinated debentures

Retrieved on: 
Thursday, May 27, 2021
Finance, Money, Economy, Debt, Credit, Corporate finance, Debenture, DTE Energy, New York Stock Exchange, Subordinated debt, DTE, Data terminal equipment

DTE Energy, May 27, 2021 (GLOBE NEWSWIRE) -- DETROIT DTE Energy (NYSE: DTE) announced today, 5/27/2021, the full redemption of all outstanding 2016 Series B 5.375% Junior Subordinated Debentures (NYSE:DTJ).

Key Points: 
  • DTE Energy, May 27, 2021 (GLOBE NEWSWIRE) -- DETROIT DTE Energy (NYSE: DTE) announced today, 5/27/2021, the full redemption of all outstanding 2016 Series B 5.375% Junior Subordinated Debentures (NYSE:DTJ).
  • The 2016 Series B 5.375% Junior Subordinated Debentures will be redeemed on June 30, 2021.
  • The 2016 Series B 5.375% Junior Subordinated Debentures will be called for redemption in minimum denominations of $25 and in multiples of $25.
  • Holders owning 2016 Series B 5.375% Junior Subordinated Debentures through a broker, bank or other nominee should contact that party for information.

AnPac Bio Reports Strong First Quarter in 2021, with 137.2% Increase in Revenue and Record Number of Commercial Tests Completed

Corporate finance, Finance, Money, Financial markets, Debenture, Debt, Convertible bond, Biotechnology, Cancer, Renminbi

Total revenue was RMB2.2 million (US$0.3 million) for the first quarter of 2021, an increase of 137.2% from RMB0.9 million for the first quarter of 2020.

Key Points: 
  • Total revenue was RMB2.2 million (US$0.3 million) for the first quarter of 2021, an increase of 137.2% from RMB0.9 million for the first quarter of 2020.
  • The increase in short-term debt was mainly due to issuance of additional convertible debentures with a fair value of USD$2.5 million.
  • The Company reached a record high number of commercial CDA tests for the 1st Quarter versus any previous Q1 in the Companys history.
  • AnPac Bio is a biotechnology company focused on early cancer screening and detection, with 142 issued patents as of March 31, 2021.

BBTV Holdings Announces $65M Convertible Debenture and Refinancing Commitment Providing Capital for Growth Initiatives Including M&A, Debt Reduction, and Debt Deferment

Retrieved on: 
Wednesday, May 26, 2021
Corporate finance, Finance, Money, Financial markets, Debenture, Convertible bond, BroadbandTV Corp, Shahrzad Rafati, Lluís Companys, Rafati

We are pleased to announce this financing package which in our view is a strong endorsement from the financial community of our mission, vision and execution of our strategic business plan, said Shahrzad Rafati, Chair and CEO of BBTV.

Key Points: 
  • We are pleased to announce this financing package which in our view is a strong endorsement from the financial community of our mission, vision and execution of our strategic business plan, said Shahrzad Rafati, Chair and CEO of BBTV.
  • This financing and deferment package is a significant boost to the Companys balance sheet which not only serves as a definitive solution to our current debt load but also provides capital to drive our growth initiatives including our M&A program.
  • We are grateful for the support of the participating shareholders and believe their support is reflective of the strong platform for growth that weve created at BBTV and our commitment to provide content creators with best in class tech-enabled creator monetization solutions.
  • The Company intends to use the net proceeds of the Convertible Debenture Financing to: (i) to prepay $20,000,000 of the principal outstanding under the Companys existing senior secured convertible promissory loan (the Debt Prepayment) with UFA Film und Fernseh GmbH (the Secured Convertible Loan); (ii) for M&A transactions; and (iii) for working capital and general corporate purposes.

Nuance Announces Agreements to Issue 17.9 million Shares of its Common Stock in Exchange for $354.8 million of its 1.00% Senior Convertible Debentures due 2035 and $64.9 million of its 1.50% Senior Convertible Debentures due 2035

Retrieved on: 
Wednesday, May 26, 2021
Speaker recognition, Finance, Nuance Communications, Nuance, Debenture, Corporations, Companies

Following the Exchanges, an aggregate of $321.7 million principal amount of 1.00% Convertible Debentures and $162.5 million principal amount of 1.50% Convertible Debentures (including $118.3 million surrendered for conversion and pending settlement) will remain outstanding.

Key Points: 
  • Following the Exchanges, an aggregate of $321.7 million principal amount of 1.00% Convertible Debentures and $162.5 million principal amount of 1.50% Convertible Debentures (including $118.3 million surrendered for conversion and pending settlement) will remain outstanding.
  • Nuance Communications, Inc. (NASDAQ: NUAN) is a technology pioneer with market leadership in conversational AI and ambient intelligence.
  • Trademark reference: Nuance and the Nuance logo are registered trademarks or trademarks of Nuance Communications, Inc. or its affiliates in the United States and/or other countries.
  • In addition, please refer to the documents that the Company files with the SEC on Forms 10-K, 10-Q and 8-K.

Wildsky Resources Inc. Announces Conversion of Debentures

Retrieved on: 
Tuesday, May 25, 2021
Finance, Money, Sports, Corporate finance, Debenture, Debt, Security

Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Wildsky Resources Inc. (TSXV: WSK) (the "Company") hereby announces that it has received conversion notices in respect of 292 debentures (the "Debentures") issued in May 2019, and these Debentures have been converted into 2,920,000 common shares (the "Conversion Shares") and issued as follows:

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - May 25, 2021) - Wildsky Resources Inc. (TSXV: WSK) (the "Company") hereby announces that it has received conversion notices in respect of 292 debentures (the "Debentures") issued in May 2019, and these Debentures have been converted into 2,920,000 common shares (the "Conversion Shares") and issued as follows:
    2,400,000 Conversion Shares to Zijin Global Fund;
    420,000 Conversion Shares to Geosite Consulting Inc., a company wholly-owned by the Company's President & CEO; and
    100,000 Conversion Shares to KeFeng Yuan, the Company's CFO.
  • Wildsky Resources Inc. is a Canadian based exploration and development company with an office located in Vancouver, B.C.
  • For more information on Wildsky Resources, please contact the Company at (778) 889-4966, or visit the Company's website at www.wildskyresources.com .
  • Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed here and elsewhere in Wildsky Resources' periodic filings with Canadian securities regulators.