Cargojet Redeems Outstanding 5.75% Senior Unsecured Hybrid Debentures due April 30, 2024
29 December 2023 - 11:00PM
PR Newswire (Canada)
MISSISSAUGA, ON, Dec. 29,
2023 /CNW/ - Cargojet Inc.
("Cargojet" or the
"Corporation") (TSX: CJT) announced today (the
"Redemption Date") that it has redeemed the
$86,250,000 aggregate principal
amount outstanding on its 5.75% senior unsecured hybrid debentures
due April 30, 2024. The Corporation
paid the principal amount and all accrued and unpaid interest up
to, but excluding, the Redemption Date, in cash.
About Cargojet
Cargojet is Canada's
leading provider of time sensitive premium air cargo services to
all major cities across North
America, providing dedicated, ACMI and international charter
services and carries over 25,000,000 pounds of cargo weekly.
Cargojet operates its network with its own fleet of 39 cargo
aircraft.
SOURCE Cargojet Inc.
Copyright 2023 Canada NewsWire
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