ConvertibleExpired
5.75% Convertible Notes due 2025
FOOD-Mar25
0.20 CAD▲ 2.50%
BTC Holdings
25 BTC
Total Debt
C$41.72M
Leverage
1256.0%
mNAV
7.46x
Outstanding
C$0.00
Issue date
2020-02-26
Principal
C$30.00M
Coupon
5.75%
Maturity
2025-03-31
Conversion price
C$4.7
ITM Status
OTM (-95.6%)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Subordinated unsecured
- Settlement
- Shares
- Payment frequency
- Semi-annual
- Payment dates
- Mar 31, Sep 30
- Rate type
- Fixed
- Call provision
- Redeemable on or after Mar 31, 2023 in certain circumstances
- Use of proceeds
- Toronto facility buildout, capital investments including automation, and general corporate purposes
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2025-03-31 | Maturity | C$0.00 Remaining CAD$6.232M repaid via 19,271,032 common shares at ~$0.32/share |
| 2020-02-26 | Issuance | C$30.00M |
- 2025-03-31 — C$0
- 2020-02-26 — C$30,000,000