Preferreds sold at $1,000 each to Canada Pension Plan Investment Board
By Devika Patel
Knoxville, Tenn., Sept. 9 – 21st Century Oncology Holdings, Inc. completed a $25 million private placement of series A convertible preferred stock with Canada Pension Plan Investment Board on Sept. 9, according to an 8-K filed Tuesday with the Securities and Exchange Commission.
The company sold 25,000 preferreds at $1,000 apiece.
Each preferred is mandatorily convertible into common stock.
The Fort Meyers, Fla., company offers cancer treatment services.
| Issuer: | 21st Century Oncology Holdings, Inc.
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| Issue: | Series A convertible preferred stock
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| Amount: | $25 million
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| Shares: | 25,000
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| Price: | $1,000
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| Warrants: | No
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| Investor: | Canada Pension Plan Investment Board
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| Settlement date: | Sept. 9
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| Stock symbol: | NYSE: ICC
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