ConvertibleActive
5.75% Convertible Notes due 2027
FOOD-Mar27
0.23 CAD▲ 2.17%
BTC Holdings
25 BTC
Total Debt
C$41.72M
Leverage
1354.5%
mNAV
9.22x
Outstanding
C$29.05M
Issue date
2022-02-11
Principal
C$30.00M
Coupon
5.75%
Maturity
2027-03-31
Conversion price
C$4.6
ITM Status
OTM (-94.9%)
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, 2025 in certain circumstances
- Use of proceeds
- Accelerate on-demand grocery and meal solutions micro-fulfillment network
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2026-03-07 | — | C$29.05M 29,046 of 30,000 originally-issued 2027 Debentures outstanding at $1,000 face per unit |
| 2022-02-11 | Issuance | C$30.00M |
- 2026-03-07 — C$29,046,000Convertible Debentures — 2027 Debentures
- 2022-02-11 — C$30,000,000