AUTOMOTIVE FINCO CORP. ("AFCC")("AFCC.DB") BULLETIN TYPE: Delist BULLETIN DATE: December 13, 2019 TSX Venture Tier 2 Company
Effective at the close of business, Monday, December 16, 2019, the 6.75% convertible senior unsecured debentures maturing on June 30, 2022 (the "Debentures") of Automotive Finco Corp. will be delisted from TSX Venture Exchange (the "Exchange") due to redemption of the Debentures.
Pursuant to a notice of redemption dated October 07, 2019, each Debenture is redeemable as of December 16, 2019, at a redemption price equal to the aggregate of 103% of $1,000 and all accrued and unpaid interest thereon up to but excluding the Redemption Date.
Security: 6.75% unsecured convertible debentures
Symbol(s): AFCC.DB
Trading Halt: December 12, 2019 (Currently Halted)
Delisting Date: December 16, 2019 (at the close)
Redemption Date: December 16, 2019
Redemption price: $1,061.2534 per $1,000 principal amount representing $1,000 principal amount and $61.2534 for accrued and unpaid interest thereon up to but excluding the redemption date
The Company's common shares ("AFCC") will continue to trade on the Exchange.
For more information, refer to the Company's news release dated October 07, 2019.
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