Engineering, design and consultancy company AF Poyry AB (STO:AFB) announced on Monday the completion of the subscription to the 2019 convertible debenture
programme for key staff, which amounts to SEK171 400 000 at a conversion price of SEK 232,10 per share.
The convertible debentures
are convertible into common shares in the capital of the company at a price of CDN 0.125 per common share.
Madalena Energy Incorporated (TSXV: MVN) (OTCQX: MDLNF), an independent, Canadian headquartered, Argentina focused upstream oil and gas company, has sold its CAD3m convertible debenture
of Point Loma Resources Ltd.
76-186 also provided that the current earnings and profits of the distributing corporation exceeded the sum of actual distributions to its shareholders and the deemed distribution to the convertible debenture
Pharmaceutical company Intellipharmaceutics International Inc (TSX:I) reported on Thursday the launch of a non-brokered private placement with USD1.5m aggregate principal amount of unsecured convertible debentures
48,007,197,458 (Rupees Forty eight billion, seven million, one hundred ninety seven thousand, four hundred & fifty eight) by way of issuance of either equity shares or a Fully convertible debenture
of the Company, representing not more than 14.99% of the equity share capital of the Company (assuming full conversion of all convertible instruments issued by the Company), to JFE Steel Corporation ("JFE").
Further, to make the convertible debenture
function more like a stock option (which does not require an up-front investment on the part of an executive), the debenture can be purchased with a loan (a full recourse loan with a market interest rate).
The convertible debenture
notes will be 10.00% senior secured notes due five years from the date of issuance, issued in Unit denominations of $1,000.
through the purchase of an unsecured convertible debenture
in the principal amount of CDN 20m (USD 16.27m), the company said.
BANKING AND CREDIT NEWS-March 26, 2015-NCEG Capital issues convertible debenture
to ITOK Capital
Gonzalez & Kim, a San Francisco-based consulting firm, has exercised their rights to convert the outstanding principal and accrued interest to equity under the terms of a $100,000 convertible debenture
that was funded in September 2010.
Travel Business Review-October 21, 2011--VRX Worldwide Completes Convertible Debenture
Offering(C)2011] ENPublishing - http://www.enpublishing.co.uk
9 December 2010 - US-based specialty pharmacies company Assured Pharmacy Inc (PINK: APHY) announced today it has sold in a private placement to an accredited investor a 12.5% senior convertible debenture
for an aggregate principal amount of USD300,000 (EUR227,000).
ENPNewswire-August 12, 2019--Kontrol Energy Provides Acquisition Update, Enters into Indicative Term Sheet with Institutional Lender and Updates Convertible Debenture