Equinox Gold Corp. to Redeem Senior Notes via DTC
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
What happened
Equinox Gold Corp. announced it has elected to redeem the outstanding $172.5 million aggregate principal amount of its 4.75% Convertible Senior Notes. The company stated that the redemption process would occur on October 20, 2026. For these notes, payment of the redemption price would be executed through the facilities of the Depository Trust Company (DTC).
From intelligencer.ca
Why it matters
The redemption price for each note was set at 100% of its outstanding principal amount, plus accrued and unpaid interest. This action relates to notes originally issued under an indenture dated September 21, 2023.
From intelligencer.ca
Who's involved
- companyThe company electing to redeem its senior notes.
- Depository Trust & Clearing CorporationThe Depository Trust Company through which the note payments are processed.
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The entities involved
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British Columbia
province of Canada
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Vancouver
largest city in the province of British Columbia, Canada
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Depository Trust & Clearing Corporation
company
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