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BRIEF-Goeasy says $50 million bought deal offering of 5.75% convertible unsecured subordinated debentures
May 25, 2017 / 7:49 PM / 6 months ago

BRIEF-Goeasy says $50 million bought deal offering of 5.75% convertible unsecured subordinated debentures

May 25 (Reuters) - Goeasy Ltd

* Goeasy Ltd. announces $50 million bought deal offering of 5.75% convertible unsecured subordinated debentures

* $50 million bought deal offering of 5.75% convertible unsecured subordinated debentures is due July 31, 2022

* Debentures will be subordinated, unsecured obligations of goeasy and will bear interest at a rate of 5.75% per annum, payable semi-annually

* Intends to use net proceeds of offering to support strategic growth initiatives for easyfinancial

* $50 million bought deal offering of 5.75% convertible unsecured subordinated debentures offered at a price of $1,000 per debenture Source text for Eikon: Further company coverage:

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