Brief: Chesswood Announces Renewal Of Bank Credit Facility And Upcoming Early Redemption Of Convertible Debentures

Chesswood

12/12/2017 13:35

Dec 12 (Reuters) - Chesswood Group Ltd  CHW.TO : 
    * CHESSWOOD ANNOUNCES RENEWAL OF BANK CREDIT FACILITY AND 
UPCOMING 
EARLY REDEMPTION OF CONVERTIBLE DEBENTURES 
    * CHESSWOOD GROUP - RENEWED $250 MILLION CORPORATE REVOLVING 
CREDIT FACILITY FOR THREE YEARS 
    * CHESSWOOD GROUP - WILL REDEEM ALL $20 MILLION OF ITS 
OUTSTANDING 
6.5 PCT CONVERTIBLE DEBENTURES IN JAN 2018, AHEAD OF THEIR 
MATURITY DATE OF DEC 31, 2018 
    * CHESSWOOD - $250 MILLION REVOLVING CREDIT FACILITY TO 
EXPIRE IN 
DEC. 2020 
 
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