Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

BRIEF-Aston Hill announces partial redemption and proposal to amend convertible debentures

Published 2015-09-24, 09:22 a/m
© Reuters.  BRIEF-Aston Hill announces partial redemption and proposal to amend convertible debentures
FW
-

Sept 24 (Reuters) - Aston Hill Financial Inc AHF.TO :
* Announces partial redemption and proposal to amend convertible debentures
* Seeking approval of holders of 6.00% extendible convertible unsecured
subordinated debentures due July 31, 2016 to amend terms
* Proposed amendments will extend the maturity date of the debentures from July
31, 2016 to January 31, 2019
* Proposed amendments will increase the interest rate payable on the debentures
from 6.00% to 6.50% per annum
* Proposed amendments will reduce the conversion price for the debentures from
$2.55 per share to $0.65 per share

* Source text for Eikon ID:nCNWv0mXSa

* Further company coverage AHF.TO

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.