Pursuant to the reorganization, X acquires all of the outstanding Y debentures
in exchange for an equal amount of X debentures
Example: FS sells a debenture
at its face value of $10x.
There can be no assurance concerning the outcomes of the hearing request, the special committee's review, the SEC informal inquiry or the effect of the potential acceleration of the Debentures
The transaction provides for the issuance of a first tranche of five $100,000 debentures
and a second tranche of five $100,000 debentures
Braaten & Pether for investment purposes and, in the future, each of them may acquire or dispose of Debentures
or common shares from time to time.
If the first year of Debenture
interest is paid in common shares and the Debentures
are converted in the second year of the term (which is the maximum number of shares expected to be issued pursuant to the Debentures
, excluding the anti-dilution provisions applicable under certain restricted circumstances previously mentioned), a total of 270,234 further common shares would be issued, in addition to the 3,825,873 common shares which may be issued pursuant to the previously announced first issue of 10% Senior Secured Convertible Debentures
Five related parties and insiders of Icefloe have indicated an intention to purchase Debentures
in the Private Placement.
1,000 principal amount of convertible debentures
includes 2,000 common share purchase warrants, where each such warrant entitles the holder thereof to purchase one common share at an exercise price of U.
00% Exchangeable Senior Debentures
due 2025 (the "Debentures
Fitch affirms the capital trust debentures
for Great-West Life Capital Trust at 'AA-' with a Stable Outlook:
5 billion of fixed-to-floating perpetual callable debentures
) in two tranches to be issued by C5 Capital (SPV) Limited and/or C10 Capital (SPV) Limited (the issuer or jointly, the issuers).
50% Senior Convertible Debentures
due 2021 and an exchange fee of $3.