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5N Plus completes redemption of all outstanding 5.75% convertible unsecured subordinated debentures
5N Plus completes redemption of all outstanding 5.75% convertible unsecured subordinated d...
About this update from 5n Plus Inc.
[{"type":"text","content":"\n\n\n\n5N Plus completes redemption of all outstanding 5.75% convertible unsecured subordinated debentures\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\n\n\nCanada NewsWire\nMONTRÉAL, March 28, 2019\n\n\n\nMONTRÉAL, March 28, 2019 /CNW Telbec/ - 5N Plus Inc. (TSX: VNP) (\"5N Plus\" or the \"Company\"), a leading global producer of engineered materials and specialty chemicals, announces today that it has completed the previously announced redemption of all its outstanding 5.75% convertible unsecured subordinated debentures maturing on June 30, 2019 (the \"Debentures\"). On March 28, 2019, 5N Plus redeemed Debentures in an aggregate principal amount of CA$26 million. 5N Plus paid to the holders of redeemed Debentures a redemption price equal to the principal amount of the Debentures, plus accrued and unpaid interest up to but excluding the date hereof, for a total of CA$1,013.71 per CA$1,000 principal amount of Debentures. \nAbout 5N Plus Inc.5N Plus is a leading global producer of engineered materials and specialty chemicals with integrated recycling and refining assets to manage the sustainability of its business model. The Company is headquartered in Montreal, Québec, Canada and operates R&D, manufacturing and commercial centers in several locations in Europe, the Americas and Asia. 5N Plus deploys a range of proprietary and proven technologies to manufacture products which are used as enabling precursors by its customers in a number of advanced electronics, optoelectronics, pharmaceutical, health, renewable energy and industrial applications.  Many of the materials produced by 5N Plus are critical for the functionality and performance of the products and systems produced by its customers, many of whom are leaders within their industry. \nForward-Looking Statements and DisclaimerThis press release may contain forward-looking information within the meaning of applicable securities laws. All information and statements other than statements of historical facts contained in this press release are forwardlooking information.  Such statement...