Huntingdon Capital extends issuer bid, to buy C$4.5 million debentures

By Susanna Moon

Chicago, April 11 - Huntingdon Capital Corp. said it will begin a normal course issuer bid to purchase up to C$4,496,000 of debentures, which will run for one year until April 14, 2014.

Huntingdon received approval from the Toronto Stock Exchange for a normal course issuer bid for its shares, debentures and warrants, according to a company press release.

The maximum purchase amount represents 10% of the public float as of April 2.

As of April 12, the company had $46 million of the notes outstanding.

Last year, Huntingdon began a normal course issuer bid for C$4,532,000 of debentures, which began April 12, 2012 and is set to end April 12.

Huntingdon is a Richmond, B.C.-based real estate investment trust that owns income producing properties.

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