Firm Capital Apartment REIT Announces Redemption of Convertible Debentures
Firm Capital Apartment REIT Announces Redemption of Convertible Debentures
TORONTO, May 28, 2024 (GLOBE NEWSWIRE) -- Firm Capital Apartment Real Estate Investment Trust (the "Trust") (TSXV: FCA.U), (TSXV FCA.UN), (TSXV: FCA.DB) is pleased to announce that TSX Trust Company, in accordance with the trust indenture, will be providing notice to redeem all of its outstanding C$18,785,000 (US$13.8 million) aggregate principal amount of 6.25% convertible unsecured subordinated debentures due June 30, 2026 (the "Convertible Debentures") on July 2, 2024 (the "Redemption Date"). The Convertible Debentures, which have a maturity date of June 30, 2026, will be redeemed by the Trust early in accordance with the terms of the trust indenture. The Convertible Debentures, which are listed and posted for trading on the TSX Venture Exchange under the symbol FCA.DB, will cease trading on the Redemption Date.
多倫多，2024年5月28日(GLOBE NEWSWIRE)-- Firm Capital Apartment Real Estate Investment Trust(“Trust”) (TSXV: FCA.U)，(TSXV FCA.UN)，(TSXV: FCA.DB) 很高興地宣佈，根據信託契約，TSX Trust Company將通知贖回其未償還的加元18,785,000美元(合13.8百萬美元)的6.25%可轉換無擔保次級債券，截至2026年6月30日到期日期(“可轉換債券”)，贖回日爲2024年7月2日(“贖回日”)。根據信託契約的條款，這些於2026年6月30日到期的可轉換債券將提前由信託公司進行贖回。於TSX Venture Exchange標的爲FCA.DB的可轉換債券，在贖回日將停止交易。
On the Redemption Date, the Trust will pay holders of Convertible Debentures a redemption price equal to C$1,000 for each C$1,000 principal amount of Convertible Debentures and all accrued and unpaid interest up to but excluding the Redemption Date. The Trust intends to use cash on hand to pay the redemption price of the redeemed Convertible Debentures.
在贖回日，信託公司將向可轉換債券持有人支付贖回價格，每1000元加元的可轉換債券本金面值和截至贖回日但不包括贖回日以後的所有應計未償付利息的相應金額。信託公司打算使用現金支付已贖回的可轉換債券的贖回價格。
Beneficial holders of the Convertible Debentures are encouraged to contact their investment dealer to coordinate the surrender of their Convertible Debentures or if they have any questions about the redemption. No action is required to be taken by holders of the Convertible Debentures in connection with the redemption.
受益人持有的可轉換債券被鼓勵聯繫他們的投資經紀人，協調他們的可轉換債券的放棄或如果他們有關於贖回的任何問題。不需要採取任何行動與可轉換債券的持有人有關聯的贖回。
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
tsxv的監管服務提供商（在其政策中定義該術語）對本公告的充分性或準確性不承擔責任。
For further information, please contact:
如需更多信息，請聯繫：
| Sandy Poklar | Claudia Alvarenga |
| President & Chief Executive Officer | Chief Financial Officer |
| (416) 635-0221 | (416) 635-0221 |
| Sandy Poklar | Claudia Alvarenga |
| 董事長兼首席執行官 | 致富金融 |
| (416) 635-0221 | (416) 635-0221 |
For Investor Relations information, please contact:
投資者關係信息，請聯繫：
| Victoria Moayedi | |
| Director, Investor Relations | |
| (416) 635-0221 |
| Victoria Moayedi | |
| 投資者關係董事 | |
| (416) 635-0221 |
譯文內容由第三人軟體翻譯。