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Chemtrade Logistics Income Fund Announces Commencement of Substantial Issuer Bid for All of Its 8.50% Convertible Debentures Due September 30, 2025 and Mailing of Offer to Purchase and Issuer Bid Circular

Provided By GlobeNewswire

Last update: Jun 25, 2024

TORONTO, June 25, 2024 (GLOBE NEWSWIRE) -- Chemtrade Logistics Income Fund (TSX: CHE.UN) (“Chemtrade” or the “Fund”) today announced the commencement of its previously announced substantial issuer bid (the “Offer”), under which the Fund is offering to purchase for cancellation up to all of its issued and outstanding 8.50% Convertible Unsecured Subordinated Debentures due September 30, 2025 (the “Debentures”) (CUSIP No. 16387PAK9). The Offer commences today and will expire at 5:00 p.m. Eastern time on July 31, 2024, unless extended, varied or terminated by the Fund.

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