Chorus Aviation Inc T.CHR

Alternate Symbol(s): CHRRF | T.CHR.DB.B | T.CHR.DB.C | T.CHR.DB.A

Industrials Airlines

Chorus Aviation Inc. is a global aviation solutions provider and asset manager, focused on regional aviation. The Company’s primary business activities include contract flying, managing aircraft on behalf of fund investors and other third-party aircraft investors and/or owners, as well as maintenance, repair and overhaul services and pilot training. The Company operates through Regional Aviation Services segment. The Company offers contracted flying services within North America and also provides medical, logistical and humanitarian flight operations to Canadian and international customers. Its subsidiaries include Jazz Aviation LP, a regional airline in Canada and provider of regional air services under the Air Canada Express brand; Voyageur Aviation Corp., a provider of specialty charter, aircraft modifications, parts provisioning and in-service support services, and Cygnet Aviation Academy, an accredited training academy preparing pilots for direct entry into airlines.

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Chorus Aviation Inc

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Comment by Adventurouson Oct 29, 2020 5:41pm

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Post# 31810083

RE:RE:Chorus debentures in case of takeover

Thanks Seriousinvest. Then it might not be in this case an obligation for the buyer to buy-back the CHR debentures, with no conversion premium.

Looking at other cases, the premium was fully spelled-out. The idea, I suppose, is to compensate for the fact a convertible debenture should in a way take advantage of the premium offered for the take-over and therefore recognize that a debenture is slightly different from an obligation (which is notionally kind of a loan).

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