Further to its bulletin dated March 4, 2024, the Toronto Stock Exchange is reminding the holders of Cineplex Inc.'s 5.75 per cent convertible unsecured subordinated debentures that the interest rate on the debentures will increase from 5.75 per cent per year to 7.75 per cent per year, effective from and including April 1, 2024.
As a result, the debentures will be posted for trading
at the opening on April 1, 2024, under the new name, 7.75 per cent convertible unsecured debentures. The debentures will continue trading under the symbol CGX.DB.B and there will be no change to the Cusip number. Trades in the debentures on March 27, 2024, and March 28, 2024, will settle on March 28, 2024.
For more information, see the company's consent and proxy solicitation statement dated Feb. 14, 2024, its news releases dated Feb. 8, 2024, Feb. 9, 2024, and March 4, 2024, and the first supplemental indenture dated March 4, 2024, to the trust indenture dated July 15, 2020, between the company and TSX Trust.
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