Examples of Additional Floating Rate Notes in a sentence
The Floating Rate Notes and any such Additional Floating Rate Notes would rank equally and ratably.
Additional Floating Rate Notes issued in this manner will be consolidated with, and will form a single series with, the Floating Rate Notes, unless such Additional Floating Rate Notes will not be treated as fungible with the Floating Rate Notes for U.S. federal income tax purposes.
All other terms and conditions applicable to the Original Floating Rate Notes also apply to the Additional Floating Rate Notes, and the Additional Floating Rate Notes are treated as a single series with the Original Floating Rate Notes (collectively, the “Floating Rate Notes”).
On April 8, 2015, the Corporation launched the 2015 Offering and issued the Additional Floating Rate Notes due May 16, 2017 in the aggregate principal amount of $125.0 million, by way of private placement in reliance upon exemptions from the prospectus requirements under applicable securities legislation.
The Additional Floating Rate Notes constitute an increase to the$150.0 million aggregate principal amount of Original Floating Rate Notes (as hereinafter defined) due May 16, 2017 issued by the Corporation on May 16, 2014, and bear interest at the same rate as the Original Floating Rate Notes.