CLARKE INC. REMINDS DEBENTUREHOLDERS OF UPCOMING CHANGE IN DEBENTURE INTEREST RATE
12 April 2023 - 8:25PM
PR Newswire (Canada)
HALIFAX,
NS, April 12, 2023 /CNW/ - Clarke Inc. (TSX:
CKI) (TSX: CKI.DB) ("Clarke" or the "Company")
reminds debentureholders that the interest rate on its Series B
convertible unsecured debentures due January
1, 2028 (the "Debentures") will change from 6.25% to
5.50% from and including April 30,
2023. The amendment to the interest rate was approved at a
special meeting of the holders of the Debentures held on
September 20, 2021. A description of
the amendments to the Debentures is set out in Clarke's management
information circular dated August 23,
2021 and available under the Company's profile on SEDAR at
www.sedar.com.
About Clarke
Halifax-based Clarke is an
investment and real estate company with holdings in a diversified
group of businesses and across real estate sectors. Clarke's
securities trade on the Toronto Stock Exchange (CKI, CKI.DB); for
more information about Clarke Inc., please visit our website at
www.clarkeinc.com.
SOURCE Clarke Inc.
Copyright 2023 Canada NewsWire
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