TORONTO, Dec. 30, 2024 /CNW/ - Invesque Inc. (the "Corporation" or "Invesque") (TSX:IVQ.TO) and (TSX:IVQ-U.TO) announced today that it has completed the exchange (the "Debenture Exchange") of its 7.00% Convertible Unsecured Subordinated Debentures due January 31, 2025 (the "2025 Debentures") and its 8.75% Convertible Unsecured Subordinated Debentures due September 30, 2026 (the "2026 Debentures"). The 2025 Debentures and 2026 Debentures were exchanged for an aggregate principal amount of US$23,700,000 of 9.75% unsecured subordinated debentures due December 30, 2027 (the "Amended Debentures") and an aggregate of 140,516,942 common shares of the Corporation ("Common Shares"). The Amended Debentures are trading on the Toronto Stock Exchange under the symbol "IVQ.NT.U".
Read more at newswire.caInvesque Inc. Announces Completion of Previously Disclosed Debenture Exchange and Preferred Share Exchange
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