Business News • MarketWire • Royal Host Inc. Announces Normal Course Issuer Bids for Each Series of Its Convertible Debentures and Common Shares and Related Automatic Purchase Plans |
Royal Host Inc. Announces Normal Course Issuer Bids for Each Series of Its Convertible Debentures and Common Shares and Related Automatic Purchase Plans |
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Royal Host Inc. Announces Normal Course Issuer Bids for Each Series of Its Convertible Debentures and Common Shares and Related Automatic Purchase Plans
HALIFAX, NOVA SCOTIA--(Marketwired - Jan. 9, 2014) - Royal Host Inc. ("Royal Host") (TSX:RYL)(TSX:RYL.DB.D)(TSX:RYL.DB.B)(TSX:RYL.DB.C) announced today that the Toronto Stock Exchange ("TSX") has accepted Royal Host's Notice of Intention to make a Normal Course Issuer Bid (the "Bid") to purchase for cancellation, from time to time, its (i) 6.25% convertible unsecured subordinated debentures with a maturity date of June 30, 2019 ("Series D Debentures", Trading Symbol: RYL.DB.D), (ii) 6.25% convertible unsecured subordinated debentures with a maturity date of October 31, 2020 ("Series B Debentures", Trading Symbol: RYL.DB.B), (iii) 7.5% convertible unsecured subordinated debentures with a maturity date of September 30, 2018 ("Series C Debentures", Trading Symbol: RYL.DB.C) (the Series D Debentures, Series B Debentures and Series C Debentures are collectively referred to as the "Debentures"); and (iv) its common shares (the "Common Shares") (Trading Symbol: RYL).
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