Stuart Olson Completes Redemption of $80.5 million Convertible Debentures
October 23 2019 - 4:56PM
PR Newswire (Canada)
CALGARY, Oct. 23, 2019 /CNW/ - Stuart Olson Inc. (TSX:
SOX) ("Stuart Olson" or the "Company") announced today
that it has completed the previously announced redemption of its
$80.5 million convertible debentures
(the "Debentures").
The Debentures were redeemed and repaid in cash and have been
delisted from the Toronto Stock Exchange.
ABOUT STUART OLSON INC.
Stuart Olson Inc. provides general contracting and electrical
building systems contracting in the public and private construction
markets as well as general contracting, electrical, mechanical and
specialty trades, such as insulation, cladding and asbestos
abatement, in the industrial construction and services market. The
Company operates office locations and projects throughout
Western Canada, Ontario and the territories. In 2019 Stuart
Olson was recognized as one of Alberta's Top Employers for the third
consecutive year. Stuart Olson's
common shares are listed on the Toronto Stock Exchange under the
symbol "SOX". www.stuartolson.com
SOURCE Stuart Olson Inc.
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