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Taiga Building Products Ltd. clarifies November note interest payment announcement
Taiga Building Products Ltd. clarifies November note interest payment announcement ...
About this update from Taiga Building Products Ltd.
[{"type":"text","content":"\n\n\n\nTaiga Building Products Ltd. clarifies November note interest payment announcement\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\nBURNABY, BC, Nov. 15, 2017\n\n\n\nBURNABY, BC, Nov. 15, 2017 /CNW/ - Taiga Building Products Ltd. (\"Taiga\") (TSX: TBL & TBL.NT) wishes to clarify the disclosure in its news release issued earlier today. Taiga announced that it will be paying the monthly interest payment of $11.6667 per $1,000 principal amount of subordinated notes (the \"Notes\"). The payment will be made to Note holders of record at the close of business on November 30, 2017 and will be payable on December 15, 2017.\n\nNote holders who participated in the previously announced exchange offer for Notes which expired on November 8, 2017, and who validly deposited Notes that were taken up by Taiga pursuant to such exchange offer, will receive an interest payment of $4.9863 per $1,000 principal amount of Notes, payable on November 17, 2017, in accordance with the terms of the exchange offer.\nSOURCE Taiga Building Products Ltd.\n\n\n\nView original content: http://www.newswire.ca/en/releases/archive/November2017/15/c5285.html\n\n\n\n\nregarding Taiga please contact: Mark Schneidereit-Hsu, VP, Finance and Administration and CFO, Phone: 604-438-1471, Fax: 604-439-4242Copyright CNW Group 2017","length":2448,"tagName":"div"}]