WesternOne issues call to redeem all 9% series A convertibles due 2011

By Toni Weeks

San Diego, June 17 - WesternOne Equity Income Fund has issued a call to fully redeem its 9% series A senior secured convertible debentures due Aug. 15, 2011, according to an announcement.

The five-year convertibles will be redeemed on July 29 at a redemption price of par plus accrued interest of $0.7151 per $100 principal amount of debentures. The interest is for the period from June 30 to, but excluding, the redemption date.

The trustee is Computershare Trust Co. of Canada.

Vancouver, B.C.-based WesternOne acquires businesses in the construction and infrastructure services sectors.

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