Canfor calls 6.25% convertibles

New York, Oct. 4 - Canfor Corp. said it will redeem all C$155 million principal amount of its 6.25% convertible subordinated redeemable debentures due November 2006 on Nov. 15.

The company will pay par plus accrued interest.

Holders can convert the debentures into stock up to the close of business on Nov. 12 at a price of C$13.20 per share. Canfor stock closed at C$16.57 Monday.

Canfor is a Vancouver, B.C., forest products company.

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