98-10) that, although some of the Y shareholders also own Y debentures
, a substantial portion of the Y debentures
were owned by persons who own no Y stock.
Regent Securities Capital Corporation and Shoreline Pacific, LLC served as the placement agents for the issuance and sale of the convertible debentures
and related warrants.
After first concluding that Parent's basis in the debenture
was equal to the value of the stock issued in the conversion, the ruling concluded that Parent would recognize "gain or loss" on a subsequent sale or exchange of the debenture
The Tender Offer is not conditioned upon the tender of a minimum amount of Debentures
and is not subject to any financing condition.
The rating assigned to the debentures
is equivalent to Cemex's foreign currency and local currency Issuer Default Ratings (IDR) in line with Fitch's criteria for rating preferred stock and hybrid securities.
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
In addition, documents specifying the terms, conditions and procedures for surrendering and withdrawing Debentures
for purchase will be available through The Depository Trust Company and the paying agent.
with Soccrent Nouvelles Technologies including accrued interest and management fees.
Braaten acquired $3,483,000 principal amount of Debentures
at a price of $3,483,000, (including $250,000 of Debentures
acquired by BFL under its standby commitment), representing 33 % of the Debentures
are redeemable in cash in whole or in part at specified prices declining to 100% of the principal amount plus accrued and unpaid interest at the company's option beginning on March 6, 2011, upon at least 20 days' but not more than 60 days' notice by mail to holders of debentures
Icefloe") (TSX VENTURE:ICY) is pleased to announce the closing of a brokered private placement of 10 % Senior Secured Convertible Debentures
") in the amount of $150,000 (the "Private Placement") on February 10, 2006.
announces that the period of convertibility of its Series B 2% Convertible Debentures
due May 1, 2024 and its 2% Convertible Debentures
due May 1, 2024 (CUSIP Nos.