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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
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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

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