Examples of Series C Debentures in a sentence
Holders of the Series C Debentures were entitled to convert their Series C Debentures to Units based on the conversion price of $15.30 per Unit until February 17, 2015.
The redemption of the then outstanding Series C Debentures was completed on February 18, 2015, for a principal payment of $44,795 plus interest, while $205 of principal was converted to 13,398 REIT Units.
The Series A Debentures, Series B Debentures, Series C Debentures and Series D Debentures are currently listed and posted for trading on the TSX under the symbols “PLZ.DB.A”, PLZ.DB.B”, “PLZ.DB.C” and “PLZ.DB.D”, respectively.
The Company Debt Modifications have been duly approved in accordance with the terms of all applicable Contracts (including the Company Series B Debentures and Company Series C Debentures) and all applicable Legal Requirements, and are in full force and effect as of the Closing.
The Series C Debentures have an interest rate of 5.75%, a conversion price of $15.30 per unit and a maturity date of June 30, 2017.