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Aecon Group Inc T.ARE

Alternate Symbol(s):  AEGXF

Industrials Engineering & Construction
Aecon Group Inc. is a Canada-based construction and infrastructure development company. The Company delivers integrated solutions to private and public sector clients throughout Canada and other countries. It operates through two segments within the infrastructure development industry: Construction and Concessions. Its Construction segment includes all aspects of the construction of both public and private infrastructure, primarily in Canada, and internationally and focuses primarily on the civil infrastructure, urban transportation solutions, nuclear power infrastructure, utility infrastructure and industrial infrastructure. Its Concessions segment include the development, financing, build and operation of construction projects primarily by way of public-private partnership contract structures, as well as integrating the services of all project participants. The Company’s projects include Annacis Water Supply Tunnel, Bell Canada Gigabit Fiber Service, Finch West LRT, and others.


TSX:ARE - Post by User

Aecon Group Inc
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Post by radcaton Dec 29, 2023 9:48am
189 Views
Post# 35803802

$184 Million Debt Repayment

$184 Million Debt Repayment

Aecon announces repayment of convertible debentures

Newswire.ca - 19 minutes ago
 

TORONTO, Dec. 29, 2023 /CNW/ - Aecon Group Inc. (TSX: ARE) ("Aecon" or the "Company") announced today the full cash repayment of the $184 million principal amount owed under its 5.0% unsecured convertible debentures due on December 31, 2023 (the "Debentures") (CUSIP: 00762VAF6), along with accrued unpaid interest for the month of December 2023. Payment for the Debentures was processed today through Computershare Trust of Canada.

Read more at newswire.ca

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