Alcanna to redeem C$77.63 million 4.7% convertibles due 2022

By Wendy Van Sickle

Columbus, Ohio, April 1 – Alcanna Inc. will redeem the full C$77,625,000 outstanding of its 4.7% convertible subordinated debentures due Jan. 31, 2022 on May 4 at par plus accrued interest of C$11.98 per C$1,000 principal amount, according to a news release.

Alcanna is an Edmonton, Alta., retailer of alcohol and cannabis.

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