Equinox Gold Corp. to Redeem Senior Notes via DTC
2 reports, 1 independent
Updated Sep 21
Gone quiet
Reached 2 outlets in its first 24 hours
- Reports
- 2
- Developments
- 1
- Repetition
- 50%
New informationRepeats or wire copies
AI-generated briefing. Brind wrote this from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
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.
Keep exploring
The entities involved
-
British Columbia
province of Canada
-
Vancouver
largest city in the province of British Columbia, Canada
-
Depository Trust & Clearing Corporation
company
Related events
- Oxford Lane Capital Corp. called for the redemption of a portion of its 5.00% Notes due 2027, following standard procedures of the Depository Trust & Clearing Corporation.
- Truist Bank utilized Depository Trust & Clearing Corporation facilities for note redemption.
- MAA utilizes the Depository Trust & Clearing Corporation for book-entry share procedures.
- Apptly Health Technologies Corp. gained approval to trade on the OTCQB Venture Market and confirmed eligibility for electronic clearing through the Depository Trust & Clearing Corporation (DTC).
- Canadian companies are seeking U.S. market access, utilizing the Depository Trust & Clearing Corporation (DTC) for their needs.