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Article: Canada : Ag Growth Announces Exercise in Full of Over-Allotment Option in Connection With Public Offering of Convertible Unsecured Subordinated Debentures.
- Article from:
- TendersInfo
- Article date:
- November 7, 2009
CopyrightCOPYRIGHT 2009 Al Bawaba (Middle East) Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: pinto03
Ag Growth International Inc. ("Ag Growth") (TSX:AFN) announced today that the underwriters of its offering of 7.0% convertible unsecured subordinated debentures (the "Debentures") exercised in full their over-allotment option, resulting in the issue of an additional $15 million aggregate principal amount of Debentures.
The Debentures are due December 31, 2014 and bear interest from the date of issue at 7.0% per annum, payable semi-annually in arrears on June 30 and December 31 each year commencing June 30, 2010. The Debentures are convertible at the holder's option at any time prior to the close of business on the earlier of the Maturity ...