ClubLink redeems remaining C$10.09 million of 6% convertibles due 2008

By Devika Patel

Knoxville, Tenn., Nov. 15 - ClubLink Corp. said it has redeemed the balance of its 6% convertible unsecured subordinated debentures due May 15, 2008. The company began redeeming the notes in February 2006, when it called C$65 million of the notes.

The company redeemed the outstanding C$10,092,000 of securities at a price equal to the outstanding principal amount along with unpaid interest, which totaled $1,030 per $1,000 principal amount of the notes.

ClubLink is a King City, Ont., golf club operator.

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