The Toronto Stock Exchange reports that Atrium Mortgage Investment Corp.'s 5.50 per cent convertible unsecured subordinated debentures will be halted at the open and delisted at the close on Dec. 31, 2025. According to the TSX, the debentures will mature on Dec. 31, 2025, and $1,027.50 per $1,000 principal amount of debentures, representing $1,000 principal amount and $27.50 for accrued and unpaid interest thereon to, but excluding, the maturity date, will be paid. As the debentures trade in the CDS book-entry-only system, debentureholders need not take any action to receive the payment price on maturity.
At the option of the holder, the debentures are convertible into common shares
(symbol AI) of the company, at any time before the close of
business on Dec. 30, 2025, at a conversion price of
$15.60 per share, being a conversion rate of 64.1026 common
shares for each $1,000 principal amount of debentures, subject
to adjustments provided for in the indenture. Buyers of
debentures who wish to exercise their conversion right should
make their purchases sufficiently in advance of the deadline
indicated in the relevant CDS bulletin, allowing for adequate
time for settlement. Trades on Dec. 30, 2025, will settle on the same day.
© 2025 Canjex Publishing Ltd. All rights reserved.