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THE DATA GROUP INCOME FUND ANNOUNCES REDEMPTION OF ITS OUTSTANDING 6.75% EXTENDIBLE CONVERTIBLE UNSECURED SUBORDINATED DEBENTURES
THE DATA GROUP INCOME FUND ANNOUNCES REDEMPTION OF ITS OUTSTANDING 6.75% EXTENDIBLE CONVERTIBLE U...
About this update from Data Communications Management Corp.
[{"type":"text","content":"\n\n\n\n Nov. 8, 2010 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\n/NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR RELEASE,\n PUBLICATION, DISTRIBUTION OR DISSEMINATION DIRECTLY, OR INDIRECTLY, IN\n WHOLE OR IN PART, IN OR INTO THE UNITED SATES./ \n\n\nBRAMPTON, ON, Nov. 8 /CNW/ - The DATA Group Income Fund (TSX:DGI.DB)\n (the "Fund") announced today that it will redeem for cash all of its\n outstanding 6.75% extendible convertible unsecured subordinated\n debentures (the "2006 Debentures") on December 31, 2010 (the\n "Redemption Date"). There are outstanding 2006 Debentures in an\n aggregate principal amount of $34,824,000.\n\n\nIn accordance with the trust indenture dated as of August 31, 2006 (the\n "Indenture") between the Fund and Computershare Trust Company of Canada\n governing the 2006 Debentures, the redemption price for each $1,000\n principal amount of 2006 Debentures will be $1,033.75 (the "Total\n Redemption Price"), being an amount equal to the aggregate of $1,000\n plus accrued and unpaid interest thereon to, but excluding, the\n redemption date of December 31, 2010, less applicable withholding\n taxes, if any.\n\n\nThe Total Redemption Price will be payable upon presentation for\n surrender of 2006 Debentures on or after the Redemption Date at the\n corporate trust office of Computershare Trust Company of Canada, 8th\n Floor, South Tower, 100 University Avenue, Toronto, Ontario Canada M5J\n 2Y1.\n\n\nInteres...