Oct 30 (Reuters) - Hydropothecary Corp THCX.V :
* Hydropothecary announces offering of $50 million convertible debenture units
* Hydropothecary - underwriters agreed to purchase, on bought deal placement basis, 50,000 convertible debenture units of co at price of $1,000 per unit
* Hydropothecary - debentures will bear interest from date of closing at 7.0 pct per annum, payable semiannually on June 30 and Dec. 31 of each year