TSX Symbol: WJX
TORONTO, January 15,
2025 /CNW/ - Wajax Corporation ("Wajax" or the
"Corporation") today announced the repayment in full of the
$57.0 million in principal amount
owed under its 6.00% senior unsecured debentures due January 15, 2025, along with accrued interest up
to but excluding the maturity date. Wajax has deposited an amount
sufficient for such repayment with Computershare Trust Company of
Canada, as trustee (the
"Trustee").
Payment for, and surrender of, the debentures will be processed
by the Trustee through the facilities of CDS Clearing and
Depository Services Inc. in accordance with its applicable
procedures. Wajax used borrowings under its bank credit facility to
complete the repayment.
About Wajax Corporation
Founded in 1858, Wajax (TSX: WJX) is one of Canada's longest-standing and most diversified
industrial products and services providers. The Corporation
operates an integrated distribution system providing sales, parts
and services to a broad range of customers in diverse sectors of
the Canadian economy, including: construction, forestry, mining,
industrial and commercial, oil sands, transportation, metal
processing, government and utilities, and oil and gas.
SOURCE Wajax Corporation