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Chemtrade Announces Extension to its Offer to Purchase Chemtrade Electrochem Inc. (formerly Canexus Corporation) Convertible Debentures in Exchange For New Chemtrade Convertible Debentures
Chemtrade Announces Extension to its Offer to Purchase Chemtrade Electrochem Inc. (formerl...
About this update from Chemtrade Logistics Income Fund
[{"type":"text","content":"\n\n\n\nChemtrade Announces Extension to its Offer to Purchase Chemtrade Electrochem Inc. (formerly Canexus Corporation) Convertible Debentures in Exchange For New Chemtrade Convertible 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.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, Aug. 11, 2017\n\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/\n\n\n\nTORONTO, Aug. 11, 2017 /CNW/ - Chemtrade Logistics Income Fund (TSX:CHE.UN) (\"Chemtrade\" or the \"Fund\") announced today that it has extended the expiry time of its previously announced offers to purchase (i) all of the outstanding 6.00% Convertible Unsecured Subordinated Series V Debentures due December 31, 2020 of Chemtrade Electrochem Inc. (formerly Canexus Corporation) (the \"CEI Series V Debentures\") (such offer, the \"Series V Offer\"), and (ii) all of the outstanding 6.50% Convertible Unsecured Subordinated Series VI Debentures due December 31, 2021 of Chemtrade Electrochem Inc. (the \"CEI Series VI Debentures\" and together with the CEI Series V Debentures, the \"CEI Debentures\") (such offer, the \"Series VI Offer\" and together with the Series V Offer, the \"Offers\").\n\nEach of the Series V Offer and the Series VI Offer has been extended and is now open for acceptance until 5:00 p.m. (Eastern Time) on August 23, 2017, unless such offer is further extended, varied or withdrawn by the Fund. Debentureholders that wish to accept the Series V Offer or Series VI Offer should contact their dealer, broker or other intermediary for assistance in order to take the necessary steps to be able to deposit the CEI Series V Debentures and/or CEI Series VI Debentures, as the case may be, under the Offers.\n\nThe Fund also announced that each of the Series V Offer and the Series VI Offer is being amended to make such offer to debentureholders in any jurisdiction, other than the United States and any jurisdiction in which the making or acceptance of such offer would not be in compliance with the laws of such jurisdiction. \n\nNotice has been provided to the de...