Post by Possibleidiot01on Dec 23, 2025 7:34am
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Post# 36835551
Debenture
DebentureHard to see this as a positive - 25% higher interest rate.
"The amendments to the Original Debentures include: (i) extending the maturity date from March 7, 2027, to March 7, 2029, with the ability to extend the maturity date, at the Corporation's option and with the prior written consent of the holders of the debentures, for up to two additional one-year terms; (ii) removing the holder's right to convert the principal amount into common shares of the Corporation; and (iii) amending the interest rate of the Original Debenture from 8.0% per annum to 10.0% per annum, effective as of the date hereof (the "Amended and R