Latest Debenture Stories

VANCOUVER, Nov. 21, 2012 /PRNewswire/ - Great Basin Gold Ltd. (the "Company") (NYSE MKT:GBG; JSE:GBG) announces that, in connection with its restructuring proceedings commenced under Canada's Companies' Creditors Arrangement Act ("CCAA"), an order (the "Order")  was made yesterday by the Supreme Court of British Columbia (the "Canadian Court") on the application of certain unaffiliated holders (the "Noteholders") of the Company's senior unsecured convertible debentures due 2014...

VANCOUVER, Nov. 20, 2012 /PRNewswire/ - WesternOne Equity Income Fund ("WesternOne Equity") (TSX: WEQ.UN, WEQ.DB.B and WEQ.DB.C) today announced that its Board of Trustees has approved a cash distribution of $0.05 per trust unit for the month of November 2012 (equivalent to $0.60 per trust unit on an annualized basis). This distribution will be paid on December 17, 2012 to unitholders of record at the close of business on November 30, 2012. In addition, WesternOne Equity...

OAKVILLE, ON, Nov. 19, 2012 /PRNewswire/ - Algonquin Power & Utilities Corp. ("APUC") (TSX: AQN), today announced that it has provided the holders of its Series 3 - 7% convertible unsecured subordinated debentures due June 30, 2017 ("Debentures") (TSX:AQN.DB.B) notice of its intention to redeem for equity, effective January 1, 2013 ("Redemption Date"), all of the issued and outstanding Debentures. The redemption will be effected in accordance with the terms and definitions...

NEW YORK, Nov. 16, 2012 /PRNewswire/ -- Viacom Inc. (NASDAQ: VIAB, VIA) today announced that it has commenced a debt offering of $250 million aggregate principal amount of Senior Debentures due 2043. The offering is subject to market and other conditions. Viacom intends to use the net proceeds from the offering for general corporate purposes, including, but not limited to, the repayment of outstanding indebtedness and the repurchase of shares under its share repurchase program....

TORONTO, Nov. 15, 2012 /PRNewswire/ - Cerro Grande Mining Corporation (the "Company" or "CEG") (TSX: CEG, OTCQX: CEGMF) announced today that it has issued unsecured convertible debentures totalling US $1,568,423 (CDN $1,568,423) (the "Debentures"). The issuance of the Debentures has been conditionally approved by the TSX. Mario Hernandez, ("Hernandez") and David Thomson, ("Thomson") both directors and officers of the Company through their companies Compania Minera Chanar Blanco...

COLUMBUS, Ohio, Nov. 8, 2012 /PRNewswire/ -- American Electric Power (NYSE: AEP) today announced that on Dec. 19, 2012, it will redeem the entire outstanding $315,000,000 principal amount of unsecured 8.75% Junior Subordinated Debentures, at a redemption price equal to 100% of the principal amount, plus accrued interest thereon to the date of redemption, and a make-whole premium which will be determined three business days prior to the redemption date. Notice of the redemption is...

HALIFAX, Nov. 7, 2012 /CNW/ - Clarke Inc. ("Clarke" or the "Company") (TSX: CKI CKI.DB.A) today announced its results for the three and nine months ended September 30, 2012. For the three and nine months ended September 30, 2012, the Company generated revenue and other income of $71.4 million and $179.5 million compared to $41.9 million and $133.6 million in the corresponding periods in 2011. This was due to continued positive trends in the Freight Transportation and Commercial...

VANCOUVER, Oct. 19, 2012 /PRNewswire/ - WesternOne Equity Income Fund ("WesternOne Equity") (TSX: WEQ.UN, WEQ.DB.B and WEQ.DB.C) today announced that its Board of Trustees has approved a cash distribution of $0.05 per trust unit for the month of October 2012 (equivalent to $0.60 per trust unit on an annualized basis). This distribution will be paid on November 15, 2012 to unitholders of record at the close of business on October 31, 2012. In addition, WesternOne Equity announced...

SAN FRANCISCO, Oct. 5, 2012 /PRNewswire/ -- Concierge Technologies, Inc. (OTCBB: "CNCG") today announced that a significant portion of its debt has been converted to equity. Gonzalez & Kim, a San Francisco-based consulting firm, has exercised their rights to convert the outstanding principal and accrued interest to equity under the terms of a $100,000 convertible debenture that was funded in September 2010. Concierge issued 560,000 shares of its Series B Convertible, Voting,...

LITTLETON, Colo., Oct. 2, 2012 /PRNewswire/ -- tw telecom inc. (NASDAQ: TWTC) today announced that its subsidiary, tw telecom holdings inc., has closed its previously announced private offering of $480 million aggregate principal amount of 5.375 % Senior Notes due 2022. (Logo: http://photos.prnewswire.com/prnh/20080626/LATH527LOGO) The company plans to use the net proceeds from the offering to settle the conversion obligations for the tw telecom inc. 2 3/8% Convertible...