Other DebtExpired
8% Unsecured Debentures due 2022
KNR-Oct22
0.07 CAD▲ 16.67%
BTC Holdings
24 BTC
Total Debt
C$0.00
Leverage
0.0%
mNAV
1.43x
Outstanding
C$0.00
Issue date
2020-12-16
Principal
C$4.52M
Coupon
8.00%
Maturity
2022-10-31
Conversion price
—
- Replaced earlier 2019 convertible debentures (8%, C$1.05 conversion) via exchange: C$3.65M exchanged + C$871K new proceeds
- Non-convertible; each unit comprised one C$1,000 debenture + 10 common shares
- Refinanced via senior secured credit facility in Q4 2022
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Rate type
- Fixed
Outstanding History
Outstanding history(2)
| As of | Event | Outstanding |
|---|---|---|
| 2022-10-31 | Repayment | C$0.00 Refinanced via senior secured credit facility |
| 2020-12-16 | Issuance | C$4.52M C$3.65M exchanged from 2020 debentures + C$871K new proceeds |
- 2022-10-31 — C$0
- 2020-12-16 — C$4,521,000