Earnings
February 18, 2020 - T
New! Telus Corporation - 2019 Earnings, Price Target Update .....
February 16, 2020 - AW.UN
New! A&W Revenue Royalties Income Fund -2019 Results, Price Target Forecast .....
February 15, 2020 - SRU.UN
SmartCentres REIT 2019 Earnings, Price Target Update .....
February 14, 2020 - CHP.UN
Choice Properties REIT - 2019 Earnings, Price Target Update .....
February 13, 2020 - CRT.UN
CT REIT 2019 Earnings, Price Target Forecast .....
February 12, 2020 - BIP.UN
Brookfield Infrastructure Partners LP -2019 Earnings, Price Target Forecast .....
February 9, 2020 - BEP.UN
Brookfield Renewable Energy Partners - 2019 Earnings, Price Target Update .....
February 8, 2020 - BPY.UN
Brookfield Property Partners LP, 2019 Earnings, Price Target Update .....
Recommendation Changes
AW.UN, BIP.UN, IVQ.U, BPY.UN, SLF, more...

Goodfood Market Corp. 5.75% Convertible Debenture New Issue

This is only a sample of the article, please login to view the entire article

Goodfood Market Corp. (FOOD:TSX) is issuing $30M of 5.75% convertible unsecured subordinated convertible debentures. The conversion price is $4.70 compared to the current share price of $3.15, a premium of 49% premium.

The proceeds will be used to fund the buildout of a new Toronto production and distribution facility, further investment in the automation of its existing production facilities in Montreal, Calgary and Vancouver

The Debentures mature on Mar-31-2025. They have the option to repay the debentures in shares at maturity. The Debentures will not be redeemable at the option of the issuer before Mar-31-2023. After Mar-31-2023 and prior to Mar-31-2024 the debentures are redeemable at par providing the share price is 125% of the conversion price. After Mar-31-2024 and up to maturity the debentures are redeemable at par.

You must be a member to view the entire article, please subscribe or login


Login
Username
Password
New Issues & Acquisition
February 14, 2020
New! Coverage Universe - Weekly Price Change: Feb 7-14, 2020
February 7, 2020
Coverage Universe - Weekly Price Change: Jan 31-Feb 7, 2020
February 6, 2020
Goodfood Market Corp. 5.75% Convertible Debenture New Issue
February 6, 2020
Intact FInancial Corp. 5.4% Perpetual Preferred Share New Issue
February 1, 2020
Coverage Universe - Weekly Price Change: Jan 24-31, 2020
January 24, 2020
Coverage Universe - Weekly Price Change: Jan 17-24, 2020
January 17, 2020
Coverage Universe - Weekly Price Change: Jan 10-17, 2020
January 10, 2020
Coverage Universe - Weekly Price Change: Jan 3-Jan 10, 2020