Premium Brands Holdings Corp T.PBH

Alternate Symbol(s): PRBZF | T.PBH.DB.G | T.PBH.DB.H | T.PBH.DB.I

Consumer Defensive Packaged Foods

Premium Brands Holdings Corporation is a Canada-based company, which owns a range of specialty food manufacturing and differentiated food distribution businesses with operations across Canada and the United States. The Company operates through two segments: Specialty Foods and Premium Food Distribution. The Specialty Foods segment consists of its specialty food manufacturing businesses. The Premium Food Distribution segment consists of its differentiated distribution and wholesale businesses as well as certain seafood processing businesses. It provides servicing to approximately 22,000 customers. The logo and its family of brands and businesses includes Harvest Meats, Hempler's, Piller's, Grimm's Fine Foods, Freybe, Isernio's, Expresco and SJ Fine Foods. The Company operates in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario, Quebec, Nova Scotia and in Arizona, Minnesota, Mississippi, Nevada, Ohio and Washington.

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Premium Brands Holdings Corp > Redemption of 4.60% Convert. Unsec. Subordinated Debentures

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Post by Betteryear2on Nov 12, 2021 7:39am

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Post# 34118481

Redemption of 4.60% Convert. Unsec. Subordinated Debentures

VANCOUVER, BC, Nov. 12, 2021 /CNW/ - Premium Brands Holdings Corporation ( "Premium Brands" or the "Corporation") (TSX: PBH), a leading producer, marketer and distributor of branded specialty food products, announced today that it will issue a notice (the "Notice") of redemption to holders of its currently outstanding 4.60% convertible unsecured subordinated debentures due December 31, 2023 (the "Debentures"). As set out in the Notice, the redemption date of the Debentures will be December 16, 2021 (the "Redemption Date"). The Debentures are redeemable for an amount (the "Redemption Price") equal to the principal amount of the Debentures plus accrued unpaid interest up to, but excluding, the Redemption Date. There are approximately $113.0 million aggregate principal amount of the Debentures outstanding.