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ECN Capital Announces Closing of C$75 Million Offering of 6.50% Convertible Senior Unsecured Debentures

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES. TORONTO, March 19, 2025 (GLOBE NEWSWIRE) — ECN Capital Corp. (TSX: ECN) (“ECN Capital”) today announced that it has closed the previously announced offering (the “Offering”) of C$75 million aggregate principal amount of convertible senior unsecured debentures due April 30, 2030 (the […]



On March 19, 2025, ECN Capital closed a C$75 million offering of 6.50% convertible senior unsecured debentures due April 30, 2030. The debentures, trading on the TSX under "ECN.DB.C", are convertible into common shares at C$3.77 per share. ECN Capital intends to use the proceeds to redeem its outstanding 6.00% senior unsecured debentures due December 31, 2025, on April 25, 2025.

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