Convertible Debenture

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Convertible Debenture

An unsecured, convertible bond. That is, a convertible debenture is a bond with no collateral that may, at the bondholder's discretion, be exchanged for common stock in the company issuing the bond. See also: Compulsory convertible debenture.
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Donnycreek or the Company ) reports that it has elected to redeem all of its outstanding ten percent (10%) redeemable, convertible, unsecured debentures due June 15, 2014 ( Convertible Debentures ) with such redemption to be effected on June 30, 2013.
0% convertible unsecured subordinated debentures due November 30, 2017 (the "Convertible Debentures") at a redemption price per US$1,000 principal amount of Convertible Debentures of C$1,131.
461203AD3) (the "Convertible Debentures") have become convertible at the option of the holders beginning on July 1, 2011 and will remain convertible through September 30, 2011, as provided in the Indenture relating to the Convertible Debentures, dated as of February 12, 2007, between Invacare and Wells Fargo Bank, N.
Conseco has been advised that the initial purchaser in the private offering has offered to resell the new convertible debentures to a number of qualified institutional buyers.
In accordance with the terms and conditions of the tender offer, and based on a preliminary count by Mellon Investor Services LLC, the depositary for the tender offer, Pixelworks expects to accept for payment $50,000,000 aggregate principal amount of convertible debentures plus $248,000 aggregate principal amount of convertible debentures pursuant to Pixelworks' right to purchase up to an additional 2% of the outstanding convertible debentures without extending the tender offer in accordance with applicable federal securities laws at a purchase price of $740 per $1,000 principal amount, for a total cost of approximately $37,184,000.
Algonquin Power Income Fund announces its intention to make an offer to acquire convertible debentures of Clean Power Income Fund
Tendered convertible debentures may be withdrawn at any time prior to the expiration date of the tender offer.
Neither the convertible debentures nor the shares issuable upon conversion of them have been registered under the Securities Act of 1933 or any state securities laws and, until so registered, may not be offered or sold in the United States or any state absent registration or an applicable exemption from registration requirements.
Interest on the convertible debentures will accrue at a rate of 12% per year for the first year following the closing and 18% for the second year and will be payable in cash on the first anniversary of the closing date and on the maturity date.
The company announces the closing of a private placement of $6,240,000 principal amount of unsecured convertible debentures.
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.
5% Convertible Debentures due March 31, 2006 (the "Convertible Debentures") so that such Convertible Debentures have an adjusted conversion price of $0.