These debentures entitle the holder of $1,000 in face value to convert them at $60 per share, equivalent to 16.67 shares of Ag Growth.
Income Investor
Farm equipment manufacturer Ag Growth has announced the early redemption of its 5% Convertible Debentures due 31/12/2020 at par with accumulated interest, effective Jan. 3. The redemption will be funded by the issue of a new $75 million 5.25% Convertible Debenture due in 2024. - Gavin Graham
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Interactive Performance Chart
AFN.DB.C was first recommended here on April 24, 2017