Examples of 8.50% Debentures in a sentence
The Fund 2020 8.50% Debentures are convertible, at the option of the holder, into trust units of the Fund at a conversion price of$7.35 per unit.
The 8.50% Debentures are secured by a pari passu first charge on all the Plant & Machinery and certain immovable properties of the Company.
Chemtrade has designated the Debentures as financial liabilities at fair value through profit or loss.(2) During the third quarter of 2020, Chemtrade completed a public offering of the Fund 2020 8.50% Debentures, at a price of $1,000 per debenture.
Item 3 of the Master Ballot requests that you transcribe information or attach a schedule to the Master Ballot in the indicated format providing information for each individual beneficial owner of 8.50% Debentures on whose behalf you are executing a Master Ballot.
The Fund 2020 8.50% Debentures are convertible, at the option of the holder, into trust units of the Fund at a conversion price of $7.35 per unit.
During the third quarter of 2020, Chemtrade completed a public offering of $86,250 principal amount of convertible unsecured subordinated debentures, at a price of $1,000 per debenture, with an interest rate of 8.50% per annum (the "Fund 2020 8.50% Debentures").
MaturityAugust 31,May 31,October 31,SeptemberAugust 31, 20232024202630, 20252027 Interest rate5.00 %4.75 %6.50 %8.50 %6.25 % Principal outstanding at January 1, 2022143,750201,115100,00086,250130,000(1) The Fund 2016 5.00% Debentures, the Fund 2017 4.75% Debentures, the Fund 2019 6.50% Debentures, the Fund 2020 8.50% Debentures and the Fund 2021 6.25% Debentures are collectively referred to as the "Debentures".
As shown in the first table below, at September 30, 2020, the Fund had $26,500 principal amount of the Fund 2014 5.25% Debentures, $143,750 principal amount of 5.00% convertible unsecured subordinated debentures outstanding (the "Fund 2016 5.00% Debentures"), $201,115 principal amount of 4.75% convertible unsecured subordinated debentures outstanding (the "Fund 2017 4.75% Debentures"),$100,000 principal amount of the Fund 2019 6.50% Debentures and $86,250 principal amount of the Fund 2020 8.50% Debentures.
The Fund 2020 8.50% Debentures will mature on September 30, 2025.
The Fund 2014 5.25% Debentures, the Fund 2016 5.00% Debentures, the Fund2017 4.75% Debentures, the Fund 2019 6.50% Debentures and the Fund 2020 8.50% Debentures are collectively referred to as the "Debentures".