TrizecHahn refinances debentures

Article Abstract:

TrizecHahn Corp, a Toronto, Ontario-based real estate company, has replaced some of its existing debentures with new ones in a debt refinancing designed to cut C$5.5 million from its annual interest costs. The firm is selling C$204.4 million worth of debentures that can be exchanged into common shares of Barrick Gold Corp, the proceeds of which will be used by TrizecHahn to redeem existing debentures. The company currently pays C$16.6 milion in yearly interest on the existing debentures.

Real Estate, Real Estate and Rental and Leasing, TrizecHahn Corp.

---

CoolBrands assails 'doomsday' selloff: Ontario firms stock plunges 29 per cent

Article Abstract:

Chief of CoolBrands International Inc. revealed that the 'doomsday' reaction from investors to CoolBrands's loss of a major contract was not justified as its stock price continued to freefall. CoolBrands shares plunged 29 percent on 29 July 2005, after the termination of the license agreement with Weight Watchers International Inc. to manufacture ice cream and other frozen deserts.

Dairy Products, Securities, Dairy industry, Dairy products industry, Company securities, CoolBrands International Inc.

---

Similar abstracts:

• Abstracts: Torstar profit up; ad linage declines. Onex posts loss in second quarter. Thirst for water takes fizz out of Cott profit
• Abstracts: Spitzer Casting A Very Wide Net. Funds Scandal Hits Invesco And Founder Of Strong. Is the Mutual Fund Issue Abuses, or Is It Fees?
• Abstracts: A daring pilot's repeat rescue. CanJet plans 'steady growth, one airplane at a time.' WestJet gloomy about prospect of fare hike
• Abstracts: This refinery deal passed the hoagy test. Kazakhstan damages hard - won credibility. Calgarians owe a debt to Saskatchewan
• Abstracts: RBC's 3% gain marred by US travails. Rallying markets spark jump in profitably at CIBC, BMO

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.