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Prospect News home > News index > List of issuers F > Headlines for FirstService Corp. > News item
Published on 9/25/2013 in the Prospect News Convertibles Daily and Prospect News Liability Management Daily.

FirstService redeems all $77 million of 6.5% convertibles

By Tali David

Minneapolis, Sept. 25 - FirstService Corp. redeemed its $77 million of 6.5% convertible unsecured subordinated debentures, according to a news release.

Leading up to the redemption, FirstService received conversion requests from substantially all holders of the debentures, which resulted in the issuance of 2.74 million subordinated voting shares.

Toronto-based FirstService is a global property manager for residential and commercial properties.


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